Pixelworks appoints Douglas Darrow to board; Todd DeBonis named Chairman after John Liu resignation

PIXELWORKS, INC

John Y. Liu resigned as director effective Jan 14, 2026; no disagreement with Company operations.
Douglas J. Darrow appointed to Board; former SVP at Dolby, GM of DLP at Texas Instruments.
Todd DeBonis named Chairman of the Board; Daniel Heneghan remains director.
Dean Butler appointed Lead Independent Director; Board remains composed of five members.
Darrow received 4,000 RSUs vesting over six months; changes align with licensing company transformation.

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