SLAB · Silicon Laboratories Inc.

At the special stockholder meeting on April 30, 2026, Silicon Laboratories Inc. achieved decisive approval for its merger with Texas Instruments Incorporated, as outlined in the Merger Agreement dated February 4, 2026. The Merger Proposal (Proposal No. 1) received near-unanimous support, with over 99% of votes cast in favor (25,878,105 For versus 7,467 Against and 1,570 Abstentions out of 25,887,142 shares present, representing 78.52% of the 32,968,416 outstanding shares). This strong endorsement from shareholders clears a critical hurdle for the transaction, where Texas Instruments' subsidiary, Caldwell Merger Corp., will merge with Silicon Labs, resulting in Silicon Labs becoming a wholly owned subsidiary. The advisory Compensation Proposal (Proposal No. 2) also passed convincingly, approving potential payments to named executive officers tied to the merger, signaling alignment between management incentives and deal completion. The Adjournment Proposal was unnecessary given the quorum and vote sufficiency. While shareholder approval is secured, the merger's closing hinges on customary conditions, notably regulatory approvals, underscoring potential delays but affirming robust investor backing for the strategic combination.