VIAVI SOLUTIONS INC. — fact timeline

VIAVI SOLUTIONS INC. reported its fiscal third quarter ended March 28, 2026 results: revenue Net revenue of $406.8 million, net income GAAP net income of $6.4 million, EPS GAAP diluted earnings per share (EPS) of $0.03.

“April 29, 2026 — VIAVI (NASDAQ: VIAV) today reported results for its fiscal third quarter ended March 28, 2026 with the following highlights. Third Quarter • Net revenue of $406.8 million, up $122.0 million or 42.8% year-over-year • GAAP operating margin of 6.1%, up 310 bps year-over-year • Non-GAAP operating margin of 21.0%, up 430 bps year-over-year • GAAP net”

VIAVI SOLUTIONS INC. announced a restructuring with charges of approximately $32 million (approximately 5% of its global workforce).

“and asset write-offs. The Company expects approximately 5% of its global workforce to be affected. The Company estimates it will incur total charges of approximately $32 million in connection with the Plan, including approximately $24 million in cash expenditures, primarily related to employee severance and related costs. The Company expects to recognize”

VIAVI SOLUTIONS INC. entered into Exchange Agreements with a limited number of existing holders (the "Transaction Participants") of the Company's currently outstanding 1.625% Convertible Senior Notes due 2026 valued at $103.463 million aggregate principal amount of 2026 Notes (effective 2025-12-15).

“On December 15, 2025, Viavi Solutions Inc. (the “Company”) entered into separate, privately negotiated agreements (the “Exchange Agreements”) with a limited number of existing holders (the “Transaction Participants”) of the Company’s currently outstanding 1.625% Convertible Senior Notes due 2026 (the “2026 Notes”).”

VIAVI SOLUTIONS INC. issued 7,871,043 shares of common stock of common stock to limited number of existing holders of the Company's 1.625% Convertible Senior Notes due 2026 for $103.463 million aggregate principal amount of 1.625% Convertible Senior Notes due 2026.

“Pursuant to the Exchange Agreements, the Company has agreed to exchange $103.463 million aggregate principal amount of 2026 Notes held by the Transaction Participants for an aggregate of 7,871,043 shares (“Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock,” and such exchange, the “Exchange”) at a price per share of $17.88. The Exchange is expected to close on or about December 22, 2025, subject to customary closing conditions.”

VIAVI SOLUTIONS INC.: Filed amended and restated certificate of incorporation to add an officer exculpation provision approved by stockholders at the annual meeting (effective 2025-11-13).

“On November 12, 2025, Viavi Solutions Inc. (the “Company”) held its 2025 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved amendments to the Company’s existing Fourth Restated Certificate of Incorporation as disclosed in Item 5.07 below. The amendments provide for officer exculpation as permitted by the Delaware General Corporation Law, as further described in the Company's definitive proxy statement filed on October 3, 2025, under the heading “Proposal 5 - Approval of an Amended and Restated Certificate of Incorporation to Include an Officer Exculpation Provision.” Subsequent to the approval, the Company filed on November 13, 2025, with the Secretary of the State of Delaware, an Amended and Restated Certificate of Incorporation, which became effective upon filing.”

VIAVI SOLUTIONS INC. amended revolving credit of $200 million with Wells Fargo maturing the earlier of October 16, 2030 and a springing maturity date 91 days prior to the maturity of certain existing notes issued by the Company.

“The Amendment decreases the size of the revolving credit facility from an aggregate principal amount of $300 million to $200 million, and extends the maturity date of the Amended ABL Credit Agreement to the earlier of October 16, 2030 and a springing maturity date 91 days prior to the maturity of certain existing notes issued by the Company.”

VIAVI SOLUTIONS INC. incurred term loan of $600 million with Wells Fargo Bank, National Association at Term SOFR plus a margin of (a) 2.50% if the Company’s first lien leverage ratio maturing October 16, 2032.

“The Term Loan Credit Agreement provides for a senior secured term loan facility in an aggregate principal amount of $600 million (the “Term Loans”), which was borrowed in full at closing and which matures on October 16, 2032.”

VIAVI SOLUTIONS INC. incurred convertible notes of $250 million aggregate principal amount with institutional accredited investors and qualified institutional buyers at 0.625% per annum maturing March 1, 2031.

“On August 20, 2025, in connection with the consummation of previously announced private transactions, Viavi Solutions Inc. (the “Company”) issued $250 million aggregate principal amount of its 0.625% Senior Convertible Notes due 2031 (the “New Notes”) under an Indenture, dated August 20, 2025 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”

VIAVI SOLUTIONS INC. announced a restructuring with charges of approximately $15 million affecting various functions (approximately 6% of its global workforce).

“needs. The Company expects approximately 6% of its global workforce to be affected and estimates it will incur severance and termination benefits charges of approximately $15 million in connection with the Plan. The Company anticipates the Plan to result in approximately $25 million in annualized cost savings and to be substantially completed within the next”

VIAVI SOLUTIONS INC. entered into Interim Facilities Agreement with certain financial institutions (effective 2024-03-04).

“the Company and certain financial institutions named therein, among others, entered into an interim facilities agreement (substantially in the form of interim facilities agreement attached to the Commitment Letter) dated March 4, 2024 (the “Interim Facilities Agreement”)”

VIAVI SOLUTIONS INC. entered into Convertible Note Investment Agreement with certain affiliates of Silver Lake valued at $400 million aggregate principal amount of unsecured 4.00% / 4.50% Convertible Senior PIK Toggle Not (effective 2024-03-05).

“the Company and certain affiliates of Silver Lake named therein entered into an Investment Agreement, dated as of March 5, 2024 (the “Convertible Note Investment Agreement”) in respect of $400 million aggregate principal amount of unsecured 4.00% / 4.50% Convertible Senior PIK Toggle Notes”

VIAVI SOLUTIONS INC. entered into Commitment Letter with certain financial institutions (effective 2024-03-04).

“the Company and certain financial institutions party thereto entered into a commitment letter, dated as of March 4, 2024 (including all exhibits, annexes and schedules thereto, the “Commitment Letter”)”

VIAVI SOLUTIONS INC. entered into Co-operation Agreement with Spirent Communications plc (effective 2024-03-05).

“the Company, Spirent and Bidco entered into a Co-operation Agreement, dated as of March 5, 2024 (the “Co-operation Agreement”)”

VIAVI SOLUTIONS INC.: Amended Amended and Restated Bylaws to modify adjournment procedures, stockholder meeting list access, director nomination and proposal notice windows, and add Rule 14a-19 compliance requirements, among other updates (effective 2024-02-12).

“On February 12, 2024, the Board of Directors (the “ Board ”) of Viavi Solutions Inc. (the “ Company ”) amended the Company’s Amended and Restated Bylaws (the “ Bylaws ”), effective immediately.”

VIAVI SOLUTIONS INC. reported preliminary financial results for fiscal second quarter ended December 30, 2023.

“On February 1, 2024, Viavi Solutions Inc. (the “Company”) reported its preliminary results for its fiscal second quarter ended December 30, 2023.”

VIAVI SOLUTIONS INC. shareholders approved To approve the amendment and restatement of the Employee Stock Purchase Plan.

“Proposal 6: To approve the amendment and restatement of the Employee Stock Purchase Plan: For Against Abstain Broker Non-Votes 193,331,660 173,944 131,644 15,553,993”

VIAVI SOLUTIONS INC. shareholders approved To approve the amendment and restatement of the 2003 Equity Incentive Plan.

“Proposal 5: To approve the amendment and restatement of the 2003 Equity Incentive Plan: For Against Abstain Broker Non-Votes 185,315,217 8,149,640 172,391 15,553,993”

VIAVI SOLUTIONS INC. shareholders approved To approve, on a non-binding advisory basis, the frequency of the stockholder votes on the compensation of the Company’s named executive officers.

“Proposal 4: To approve, on a non-binding advisory basis, the frequency of the stockholder votes on the compensation of the Company’s named executive officers: 1-Year 2-Years Three-Years Abstain Broker Non-Vote 187,694,532 51,105 5,780,771 110,840 15,553,993”

VIAVI SOLUTIONS INC. shareholders approved To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers.

“Proposal 3: To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers: For Against Abstain Broker Non-Votes 187,271,136 6,187,943 178,169 15,553,993”

VIAVI SOLUTIONS INC. shareholders approved To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year 2024.

“Proposal 2: To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year 2024: For Against Abstain 207,260,512 1,811,739 118,990”

VIAVI SOLUTIONS INC. shareholders approved To elect nine directors to serve until the 2024 Annual Meeting of Stockholders.

“Proposal 1: To elect nine directors to serve until the 2024 Annual Meeting of Stockholders: Director For Against Abstain Broker Non-Votes Richard Belluzzo 166,858,661 26,626,721 151,866 15,553,993 Keith Barnes 185,886,403 7,599,375 151,470 15,553,993 Laura Black 188,679,049 4,824,078 134,121 15,553,993 Tor Braham 192,954,315 555,029 127,904 15,553,993 Donald Colvin 192,825,254 684,514 127,480 15,553,993 Doug Gilstrap 192,098,408 1,408,649 130,191 15,553,993 Masood Jabbar 190,572,272 2,911,317 153,659 15,553,993 Oleg Khaykin 192,274,018 1,223,568 139,662 15,553,993 Joanne Solomon 192,954,323 556,346 126,579 15,553,993”

VIAVI SOLUTIONS INC. reported preliminary financial results for its fiscal first quarter ended September 30, 2023.

“On November 2, 2023, Viavi Solutions Inc. (the “Company”) reported its preliminary results for its fiscal first quarter ended September 30, 2023.”

Pamela Avent changed role as Interim Chief Financial Officer at VIAVI SOLUTIONS INC..

“Upon commencement of Mr. Daskal’s employment with the Company, Pamela Avent, who is currently serving as the Company’s Interim Chief Financial Officer, will resume her role as Global Controller.”

Ilan Daskal was appointed as Executive Vice President and Chief Financial Officer at VIAVI SOLUTIONS INC..

“On October 18, 2023, Viavi Solutions Inc. (“ VIAVI ” or the “ Company ”) announced that, effective November 7, 2023, Ilan Daskal would join the Company as Executive Vice President and Chief Financial Officer.”

Pam Avent was appointed as Interim Chief Financial Officer at VIAVI SOLUTIONS INC..

“On August 29, 2023, the Board appointed Pam Avent, currently VIAVI’s Global Controller, to serve as its interim CFO, effective October 1, 2023,”

Henk Derksen resigned as Chief Financial Officer at VIAVI SOLUTIONS INC..

“On August 25, 2023, Henk Derksen informed the board of directors (the “Board”) of Viavi Solutions, Inc. (“VIAVI” or the “Company”) of his desire to resign as VIAVI’s Chief Financial Officer (“CFO”) to return to Europe to pursue a new opportunity.”

VIAVI SOLUTIONS INC. reported financial results for fiscal year ended July 1, 2023.

“VIAVI ANNOUNCES FOURTH QUARTER AND YEAR ENDED FISCAL 2023 RESULTS Fourth Quarter • Net revenue of $263.6 million, down $71.7 million or 21.4% year-over-year”

VIAVI SOLUTIONS INC. reported its fiscal fourth quarter ended July 1, 2023 results: revenue $263.6 million, net income $(0.1) million, EPS $— per share.

“set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- VIAVI ANNOUNCES FOURTH QUARTER AND YEAR ENDED FISCAL 2023 RESULTS Fourth Quarter • Net revenue of $263.6 million, down $71.7 million or 21.4% year-over-year • GAAP operating margin of 4.5%, down 980 bps year-over-year • Non-GAAP operating margin of 11.7%, down 960 bps year-over-year • GAAP”

VIAVI SOLUTIONS INC. reported fiscal third quarter ended April 1, 2023 results: revenue $247.8 million, net income $(15.4) million, EPS $(0.07).

“Third quarter of fiscal 2023 net revenue was $247.8 million. GAAP net loss was $(15.4) million, or $(0.07) per share.”

VIAVI SOLUTIONS INC. incurred convertible notes of $250 million aggregate principal amount with U.S. Bank Trust Company, National Association at 1.625% maturing March 15, 2026.

“On March 6, 2023, in connection with the consummation of previously announced private transactions, Viavi Solutions Inc. (the “Company”) issued $250 million aggregate principal amount of its 1.625% Senior Convertible Notes due 2026 (the “New Notes”) under an Indenture, dated March 6, 2023 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”

VIAVI SOLUTIONS INC. entered into Indenture with U.S. Bank Trust Company, National Association valued at $250 million aggregate principal amount (effective 2023-03-06).

“$250 million aggregate principal amount of its 1.625% Senior Convertible Notes due 2026 (the “New Notes”) under an Indenture, dated March 6, 2023 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”

VIAVI SOLUTIONS INC. reported preliminary financial results for its fiscal second quarter ended December 31, 2022.

“On February 2, 2023, Viavi Solutions Inc. (the “Company”) reported its preliminary results for its fiscal second quarter ended December 31, 2022.”

VIAVI SOLUTIONS INC. announced a restructuring with charges of approximately $15 million (approximately 5% of its global workforce).

“On February 1, 2023, the Company approved a restructuring and workforce reduction plan (the “Plan”) intended to improve operational efficiencies and better align the Company’s workforce with current business needs and strategic growth opportunities. The Company expects approximately 5% of its global workforce to be affected and estimates it will incur charges of approximately $15 million in connection with the Plan.”

Tim Campos resigned as Director at VIAVI SOLUTIONS INC..

“On January 9, 2023, Tim Campos notified Viavi Solutions Inc. (the “ Company ” or “ VIAVI ”) and its Board of Directors (the “ Board ”) that he was resigning from the Board and its Committees effective immediately.”

VIAVI SOLUTIONS INC. shareholders approved Advisory vote to approve the compensation of the Company's named executive officers.

“Proposal 3: To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers: For Against Abstain Broker Non-Votes 178,168,718 15,465,569 128,433 17,497,388”

VIAVI SOLUTIONS INC. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending July 1, 2023 at the 2023-07-01 meeting.

“Proposal 2: To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending July 1, 2023: For Against Abstain 209,385,298 1,811,139 63,671”

VIAVI SOLUTIONS INC. shareholders approved Election of nine directors to serve until the 2023 Annual Meeting of Stockholders.

“Proposal 1: To elect nine directors to serve until the 2023 Annual Meeting of Stockholders: Director For Withheld Broker Non-Votes Richard Belluzzo 174,287,872 19,474,848 17,497,388 Keith Barnes 185,460,227 8,302,493 17,497,388 Laura Black 191,499,150 2,263,570 17,497,388 Tor Braham 193,481,105 281,615 17,497,388 Timothy Campos 189,514,574 4,248,146 17,497,388 Donald Colvin 192,748,629 1,014,091 17,497,388 Masood Jabbar 190,030,397 3,732,323 17,497,388 Oleg Khaykin 192,923,289 839,431 17,497,388 Joanne Solomon 193,527,975 234,745 17,497,388”

VIAVI SOLUTIONS INC. reported preliminary financial results for its fiscal first quarter ended October 1, 2022.

“Viavi Solutions Inc. (the “Company”) reported its preliminary results for its fiscal first quarter ended October 1, 2022.”

Joanne Solomon was appointed as director at VIAVI SOLUTIONS INC..

“On February 18, 2022, the Board of Directors (the “ Board ”) of Viavi Solutions Inc. (the “ Company ” or “ VIAVI ”) appointed Joanne Solomon as a director of the Company and appointed Ms. Solomon to serve on the Company’s audit committee (the “ Audit Committee ”), effective immediately.”