Board of Directors and Executive Management

Elected to the board: 2024

Education: PhD in Microelectronics, Ohio State University

Other board assignments: Executive chairman of Sivers Semiconductors Inc, Board member, IQE PLC, Chairman Advisory Board Lumeova Inc, B2 Global Consulting (Founder 17-June-2010).

Previous board assignments: Aquantia (NYSE: AQ), Global Semiconductor Alliance (GSA) , Glowpoint Inc (OT.GLOW), SkyCross (Private), CorMedix (NASDAQ: CRMD), Globespanvirata (NASDAQ: GSPN), MERU Networks (NASDAQ:MERU), Trident Microsystems (NASDAQ:TRID), ANADIGICS (NASDAQ:ANAD), Nitronex Corporation (Private), and VSSB Medical Nano Technologies (Private).

Other experience: Senior Vice President and General Manager for the Mobile and Wireless Infrastructure Business Unit at GlobalFoundries. President, CEO, and board member of Meru Networks, Trident Microsystems, and ANADIGICS Inc.

Independent in relation to Sivers Semiconductors and its management: No

Independent in relation to the larger shareholders: Yes

Residency: USA

Elected to the board: 2024

Education: Master of Science Engineering Physics, Royal Institute of Technology, Stockholm; Executive MBA, Uppsala University.

Other board assignments: Board member, Zamin Sweden AB. Member of EMEA Leadership Council, Global Semiconductor Alliance.

Previous board assignments: Board member of Forsway AB; Radio Innovation AB

Other experience: Chief Technology Officer Europe Nokia Networks Oyj ; Chief Technology Officer at Acuvi AB; Chief Product Officer at JonDeTech Sensors AB; Product Director at Huawei Technologies Sweden AB, Sales Director at Ericsson AB.

Independent in relation to Sivers Semiconductors and its management: Yes.

Independent in relation to the larger shareholders: Yes | Own and closely related persons’ shareholdings as stated below.

Residency: Sweden

Elected to the board: 2021

Education: Master of Business Administration, University of Pennsylvania, The Wharton School; Bachelor of Economics, Davidson College.

Other board assignments: Board member Dynasty Financial Partners LLC, Century Bank (NM), Linnaeus Therapeutics Inc, Actuate Inc., NeuroBio Ltd, Delpor Inc, PteroDynamics Inc, NanoClear Inc., Behavioral Signals Inc.

Previous board assignments: Chairman Dynasty Financial Partners LLC, Board member Cyren Ltd, Bank of Virginia, CNAQ, and MixComm.

Other experience: CFO Citigroup and CEO Citigroup Global Wealth Management Division. GE Capital, Bain & Co, Booz Allen Hamilton and Barents Group.

Independent in relation to Sivers Semiconductors and its management: Yes.

Independent in relation to the larger shareholders: Yes | Own and closely related persons’ shareholdings as stated below.

Residency: USA

Elected to the board: 2026

Education: Master of Science Finance and International Business, Stockholm School of Economics and University of St Gallen.

Other board assignments: N/A

Previous board assignments: Board member of Truecaller AB and Ratos AB

Other experience: Chief Investment Officer Rettig Ltd; Partner Verdane; Head of M&A Ericsson AB; Managing Director Deutsche Bank AG

Independent in relation to Sivers Semiconductors and its management: Yes

Independent in relation to the larger shareholders: Yes

Residency: UK

Elected to the board: 2026

Education: Master of Science Industrial Engineering / Civilingenjör Industriell Ekonomi

Previous board assignments: Board Director Axiell Group AB

Other experience: CFO and Deputy CEO HMS Networks (publ), CFO Ependion AB (publ), Management Consulting

Independent in relation to Sivers Semiconductors and its management: Yes

Independent in relation to the larger shareholders: Yes

Residency: Sweden

Education: Ph.D. in Electrical Engineering from Lehigh University in Pennsylvania; MBA from the Berkeley Haas School of Business, University of California.

Employed since: 19 August 2024.

Experience: Dr. Vathulya brings over 25 years of experience in the semiconductor industry. As CEO, Vathulya has senior leadership experience, with an extensive network. Dr. Vathulya most recently served as President of Nuvotronics, spearheading a strategic, operational, and cultural transformation for long-term growth and value creation. Prior to that, he revitalized the standard products business at Maxim Semiconductors, the largest and most profitable business in the company portfolio. His experience also includes other executive leadership roles, such as successfully growing a variety of RF and wireless businesses at Maxim Integrated and NXP Semiconductors. Vathulya has a Ph.D. in Electrical Engineering from Lehigh University in Pennsylvania and an MBA from the Berkeley Haas School of Business, University of California.

Residency: USA

Education: Ph.D. and Master’s degree in Management Accounting from Copenhagen Business School, and a Master’s degree in International Development Studies from Roskilde University.

Employed since: September 2025

Experience: Heine brings over 20 years of senior financial leadership experience across the technology, IT, and professional services industries, complemented by earlier work as a management consultant. Most recently, Dr. Thorsgaard served as CFO of Napatech, a provider of high-speed, programmable network interface cards for network performance management, cybersecurity, and data center applications. Before his time at Napatech, Heine had a successful CFO and Financial Executive leadership tenure across the IT, Technology, and Professional Services sectors, with strong exposure to Europe and the US. Over the course of his career, he has developed a strong track record in driving growth, operational efficiency, and long-term value creation, with expertise in finance, international business strategy, and managing cross-border organizations in technology-driven markets.

Residency: Denmark