CIRRUS LOGIC, INC. — fact timeline

CIRRUS LOGIC, INC. amended credit facility of $350 million senior secured revolving credit facility with Wells Fargo Bank, National Association, as Administrative Agent at Term SOFR plus the Applicable Margin maturing May 4, 2031.

“used and not defined in this section of Item 1.01 have the meanings given to such terms in the Third Amended Credit Agreement. The Third Amended Credit Agreement provides for a $350 million senior secured revolving credit facility (the “Revolving Credit Facility”). The Revolving Credit Facility matures on May 4, 2031 (the “Maturity Date”). Cirrus Logic must repay”

CIRRUS LOGIC, INC. reported its fourth quarter and full fiscal year 2026, which ended March 28, 2026 results: revenue $448.5 million, EPS GAAP earnings per share of $1.56 and non-GAAP earnings per share of $1.95.

“Cirrus Logic Reports Fourth Quarter Revenue of $448.5 Million and Record Full Fiscal Year 2026 Revenue of $2.0 Billion”

CIRRUS LOGIC, INC. entered into Third Amended Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, and the Lenders party thereto valued at $350 million (effective 2026-05-04).

“On May 4, 2026, Cirrus Logic, Inc. ("Cirrus Logic" or the "Company") entered into a third amended and restated credit agreement (the “Third Amended Credit Agreement”) with Wells Fargo Bank, National Association, as Administrative Agent, and the Lenders party thereto.”

Jeff Woolard was appointed as Chief Financial Officer at CIRRUS LOGIC, INC..

“On February 4, 2025, Cirrus Logic, Inc. (the “Company,” “we,” or “our”) announced the appointment of Jeff Woolard as Chief Financial Officer (“CFO”) of the Company, effective February 24, 2025.”

Timothy R. Dehne departed as Director at CIRRUS LOGIC, INC..

“On May 17, 2024, Timothy R. Dehne, a member of the Board of Directors (the “Board”) of Cirrus Logic, Inc. (the “Company”), informed the Company that he will retire from the Board and will not stand for reelection at the Company’s Annual Meeting of Stockholders, currently scheduled for July 26, 2024 (“2024 Annual Meeting”).”

Ulf Habermann was appointed as interim Chief Financial Officer at CIRRUS LOGIC, INC..

“the Company’s Board of Directors appointed Ulf Habermann, the Company’s current Principal Accounting Officer, as interim Chief Financial Officer effective upon Mr. Nathamuni’s resignation and until a successor is appointed.”

Venk Nathamuni resigned as Chief Financial Officer at CIRRUS LOGIC, INC..

“On May 11, 2024, Venk Nathamuni provided Cirrus Logic, Inc. (the “Company”) with notice of his intent to resign from his position as Chief Financial Officer effective May 24, 2024.”

CIRRUS LOGIC, INC. reported Q1 FY25 results: revenue $290 million to $350 million.

“Business Outlook – First Quarter FY25 • Revenue is expected to range between $290 million and $350 million; • GAAP gross margin is forecasted to be between 49 percent and 51 percent; and • Combined GAAP R&D and SG&A expenses are anticipated to range between $142 million and $148 million, including approximately $22 million in stock-based compensation expense and $2 million in amortization of acquired intangibles, resulting in a non-GAAP operating expense range between $118 million and $124 million.”

CIRRUS LOGIC, INC. reported full fiscal year 2024 results: revenue $1.79 billion, EPS $4.90 GAAP and non-GAAP earnings per share of $6.59.

“Reported Financial Results – Full Fiscal Year 2024 • Revenue of $1.79 billion; • GAAP and non-GAAP gross margin of 51.2 percent and 51.3 percent; • GAAP operating expenses of $572.6 million and non-GAAP operating expenses of $470.4 million; and • GAAP earnings per share of $4.90 and non-GAAP earnings per share of $6.59.”

CIRRUS LOGIC, INC. reported Q4 FY24 results: revenue $371.8 million, EPS $0.81 GAAP and non-GAAP earnings per share of $1.24.

“Reported Financial Results – Fourth Quarter FY24 • Revenue of $371.8 million; • GAAP and non-GAAP gross margin of 51.8 percent and 51.9 percent; • GAAP operating expenses of $140.2 million and non-GAAP operating expenses of $116.5 million; and • GAAP earnings per share of $0.81 and non-GAAP earnings per share of $1.24.”

CIRRUS LOGIC, INC. reported third quarter fiscal year 2024, which ended December 30, 2023 results: revenue $619.0 million, EPS $2.50. Guidance reaffirmed.

“text of the press release is furnished as Exhibit No. 99.1 to this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- FINANCIAL NEWS Cirrus Logic Reports Record Revenue of $619.0 Million for Fiscal Third Quarter AUSTIN, Texas – Feb 6, 2024 – Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that”

Deirdre R. Hanford departed as Director at CIRRUS LOGIC, INC..

“On January 25, 2024, Deirdre R. Hanford, currently a member of the Board of Directors of Cirrus Logic, Inc. (“Company”), notified the Board that she will not stand for re-election at the Company’s Annual Meeting of Stockholders, which is expected to be held in July 2024.”

Ulf Habermann was appointed as principal accounting officer at CIRRUS LOGIC, INC..

“appointed Ulf Habermann, the Company’s Controller, Treasurer and Vice President of Finance, to serve as the principal accounting officer of the Company, effective as of such date.”

CIRRUS LOGIC, INC. reported third quarter FY24 results: revenue $510 million and $570 million. Guidance reaffirmed.

“Business Outlook – Third Quarter FY24 • Revenue is expected to range between $510 million and $570 million;”

CIRRUS LOGIC, INC. reported second quarter fiscal year 2024, which ended September 23, 2023 results: revenue $481.1 million, EPS $1.34. Guidance reaffirmed.

“release is furnished as Exhibit No. 99.1 to this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- FINANCIAL NEWS Cirrus Logic Reports Fiscal Second Quarter Revenue of $481.1 Million AUSTIN, Texas – Nov 2, 2023 – Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete”

CIRRUS LOGIC, INC. reported first quarter fiscal year 2024 ended June 24, 2023 results: revenue $317.0 million, EPS $0.28 and $0.67. Guidance initiated.

“Reported Financial Results – First Quarter FY24 • Revenue of $317.0 million; • GAAP and non-GAAP gross margin of 50.3 percent and 50.4 percent; • GAAP operating expenses of $141.6 million and non-GAAP operating expenses of $113.8 million; and • GAAP earnings per share of $0.28 and non-GAAP earnings per share of $0.67.”

CIRRUS LOGIC, INC. shareholders approved Advisory vote on the frequency of future advisory votes to approve executive compensation at the 2023-07-28 meeting.

“Proposal Four: Proposal Four: Advisory vote on the frequency of future advisory votes to approve executive compensation. One Year Two Years Three Years Abstain Broker Non-Votes 44,314,387 24,556 1,737,181 36,978 3,673,372”

CIRRUS LOGIC, INC. shareholders approved Advisory vote to approve executive compensation at the 2023-07-28 meeting.

“Proposal Three: Advisory vote to approve executive compensation. Votes For Votes Against Votes Abstained Broker Non-Votes 44,592,684 1,446,805 73,613 3,673,372”

CIRRUS LOGIC, INC. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending March 30, 2024 at the 2023-07-28 meeting.

“Proposal Two: Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 30, 2024. Votes For Votes Against Votes Abstained Broker Non-Votes 47,944,779 1,785,803 55,892”

CIRRUS LOGIC, INC. shareholders approved Election of Directors at the 2023-07-28 meeting.

“Proposal One: Election of Directors. Name Votes For Votes Withheld Broker Non-Votes Alexander M. Davern 41,903,426 4,209,676 3,673,372 Timothy R. Dehne 44,748,536 1,364,566 3,673,372 John M. Forsyth 45,983,121 129,981 3,673,372 Deirdre R. Hanford 45,651,190 461,912 3,673,372 Raghib Hussain 45,914,720 198,382 3,673,372 Duy-Loan T. Le 39,523,263 6,589,839 3,673,372 Catherine P. Lego 40,233,152 5,879,950 3,673,372 David J. Tupman 45,413,755 699,347 3,673,372”

John C. Carter departed as Director at CIRRUS LOGIC, INC..

“On May 19, 2023, John C. Carter, a member of the Board of Directors (the “Board”) of Cirrus Logic, Inc. (the “Company”), informed the Company of his decision to retire from the Board effective at the Company’s Annual Meeting of Stockholders expected to be in July 2023 (“2023 Annual Meeting”).”

CIRRUS LOGIC, INC. reported Q1 FY2024 outlook results: revenue $260 million to $320 million. Guidance initiated.

“Revenue is expected to range between $260 million and $320 million; • GAAP gross margin is forecasted to be between 49 percent and 51 percent; and • Combined GAAP R&D and SG&A expenses are anticipated to range between $142 million and $148 million, including approximately $23 million in stock-based compensation expense, $2 million in amortization of acquired intangibles, and $3 million in acquisition-related costs.”

CIRRUS LOGIC, INC. reported Fiscal Year 2023 (ended March 25, 2023) results: revenue $1.90 billion, EPS GAAP earnings per share of $3.09 and non-GAAP earnings per share of $6.42.

“Revenue of $1.90 billion; • GAAP and non-GAAP gross margin of 50.4 percent and 50.5 percent; • GAAP operating expenses of $707.9 million and non-GAAP operating expenses of $486.4 million; and • GAAP earnings per share of $3.09 and non-GAAP earnings per share of $6.42.”

CIRRUS LOGIC, INC. reported Q4 FY2023 (quarter ended March 25, 2023) results: revenue $372.8 million, EPS GAAP loss per share of $(0.97) and non-GAAP earnings per share of $0.92.

“Revenue of $372.8 million; • GAAP and non-GAAP gross margin of 50.0 percent and 50.1 percent; • GAAP operating expenses of $249.2 million and non-GAAP operating expenses of $119.8 million; and • GAAP loss per share of $(0.97) and non-GAAP earnings per share of $0.92.”

CIRRUS LOGIC, INC. amended First Amendment with Wells Fargo Bank, National Association (as administrative agent) (effective 2023-03-20).

“On March 20, 2023, Cirrus Logic, Inc., as borrower (the "Company"), entered into the First Amendment (the "Amendment") to its Second Amended and Restated Credit Agreement (the "Credit Agreement"), dated as of July 8, 2021, with the lending institutions party thereto and Wells Fargo Bank, National Association, as administrative agent.”

CIRRUS LOGIC, INC.: Amended and restated bylaws to add proxy access, revise advance notice procedures, and require Securities Act claims to be brought in federal court (effective 2023-03-08).

“Upon recommendation of the Governance and Nominating Committee, the Board of Directors of the Company (the “Board”) approved an amendment and restatement of the Company’s bylaws (“Bylaws”) effective March 8, 2023”

CIRRUS LOGIC, INC. reported third quarter fiscal year 2023 results: revenue $590.6 million, EPS $1.83 and non-GAAP earnings per share of $2.40.

“Current Report on Form 8-K. --- EX-99.1 (EX-99.1 PRESS RELEASE) --- PRESS RELEASE Document Exhibit 99.1 FINANCIAL NEWS Cirrus Logic Reports Fiscal Third Quarter Revenue of $590.6 Million Smartphone Sales Drive Record Revenue AUSTIN, Texas – Feb. 2, 2023 – Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly”

CIRRUS LOGIC, INC. reported third quarter fiscal year 2023 results: revenue $520 million and $580 million. Guidance initiated.

“Business Outlook – Third Quarter FY23 • Revenue is expected to range between $520 million and $580 million; • GAAP gross margin is forecasted to be between 49 percent and 51 percent; and • Combined GAAP R&D and SG&A expenses are anticipated to range between $153 million and $159 million, including approximately $21 million in stock-based compensation expense, $9 million in amortization of acquired intangibles, and $3 million in acquisition-related costs.”

CIRRUS LOGIC, INC. reported second quarter fiscal year 2023 results: revenue $540.6, net income $87.2, EPS $1.52.

“Figure A: Cirrus Logic Q2 FY23 Results GAAP Adj. Non-GAAP* Revenue $540.6 $540.6 Gross Profit $271.3 $0.3 $271.6 Gross Margin 50.2% 50.2% Operating Expense $155.1 ($31.1) $123.9 Operating Income $116.2 $31.4 $147.7 Operating Profit 21.5% 27.3% Interest Income $1.3 $1.3 Other Income $0.3 $0.3 Income Tax Expense $30.6 $4.1 $34.7 Net Income $87.2 $27.3 $114.5 Diluted EPS $1.52 $0.48 $1.99”

Thurman K. Case departed as Chief Financial Officer at CIRRUS LOGIC, INC..

“On November 1, 2021, the Company disclosed that Thurman K. Case was planning to retire from his position as the Company's Chief Financial Officer.”

Venkatesh Nathamuni was appointed as Chief Financial Officer at CIRRUS LOGIC, INC..

“On April 12, 2022, Cirrus Logic, Inc. (the "Company," "we," or "our") announced the appointment of Venkatesh Nathamuni as Chief Financial Officer of the Company, effective as of April 18, 2022”

Jo-Dee M. Benson resigned as Chief Culture Officer at CIRRUS LOGIC, INC..

“On November 22, 2021, Ms. Benson entered into a Transition Services Agreement (the “Agreement”) providing for her resignation as of that date”

Thurman Case departed as chief financial officer at CIRRUS LOGIC, INC..

“On November 1, 2021, the Company announced that Thurman Case is planning to retire from his position as chief financial officer.”

Raghib Hussain was appointed as director at CIRRUS LOGIC, INC..

“On September 29, 2021, the Board of Directors of Cirrus Logic, Inc. (the “Company”) appointed Raghib Hussain to serve as a director.”

Jo-Dee M. Benson resigned as Chief Culture Officer at CIRRUS LOGIC, INC..

“On June 8, 2021, Jo-Dee M. Benson notified Cirrus Logic, Inc. of her intention to resign as Chief Culture Officer effective December 31, 2021.”