Board of Directors and Executive Management

Education: PhD in Microelectronics, Ohio State University

Elected to the board: 2024

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

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

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).

Shareholding: 775,000

Options: 625,000

Independent in relation to Sivers Semiconductors and its management: No

Independent in relation to the larger shareholders: Yes

Residence: United States

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

Elected to the board: 2024

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

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.

Previous board assignments: Board Member of Forsway AB and Radio Innovation AB.

Shareholding: 10,000

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 above.

Residence: Sweden

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

Elected to the board: 2021

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

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

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

Shareholding: 10,409,201. Personally held shares and shares held indirectly through affiliated companies.

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 above.

Residence: United States

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

Elected to the board: 2026

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

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

Shareholdings:  –

Independent in relation to Sivers Semiconductors and its management: Yes

Independent in relation to the larger shareholders: Yes

Residence: United Kingdom

Education: Master of Science in Industrial Engineering

Elected to the board: 2026

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

Previous board assignments: Board Director at Axiell Group AB.

Shareholding: 15,000

Independent in relation to Sivers Semiconductors and its management: Yes

Independent in relation to the larger shareholders: Yes

Residence: Sweden

Dr. Vathulya brings over 25 years of experience in the semiconductor industry. As CEO he has senior leadership experience, with an extensive network. Most recently, he 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.

Employed since: 19 August 2024.

Shareholding: 4,446,076

Options: 3,700,000

Residence: United States

Dr. Thorsgaard 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, he 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, Dr. Thorsgaard 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.

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

Shareholding: 100,000

Options: 400,000

Residence: Denmark