What changed in this filing

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Item 1. Business

2026-08-10 compared with 2025-08-21 · 78 added, 68 removed, 192 unchanged (43% of the section changed)

Synaptics designs and delivers AI-enabled edge solutions that bring AI closer to end users and transform how we engage with intelligent connected devices, whether at home, at work or on the move.

We are a strategic partner for many global original equipment manufacturers, (“OEM”), offering custom silicon and software platforms for edge AI, wireless connectivity and human interface technologies.

Our Synaptics Astra™ AI-native and Veros™ wireless solutions combine embedded compute, connectivity and multimodal sensing to support intuitive, secure and seamless digital experiences.

From touch, display and biometrics to AI-enabled wireless connectivity, video, vision, audio, speech and security processing, our solutions support the next generation of intelligent devices that enhance how people live, work and interact with technology.

Synaptics designs and delivers artificial intelligence (“AI”)-native edge solutions that bring AI closer to end users and transform how we engage with intelligent, connected devices, whether at home, at work, or on the move.

We are a strategic partner for many global original equipment manufacturers (“OEM”), offering standard and custom silicon and software platforms for Edge AI, Physical AI, wireless connectivity and human interface technologies.

Our Synaptics Astra™ family of processors and wireless solutions combine embedded compute, connectivity, and multimodal sensing to support intuitive, secure, and seamless experiences.

Our touch, biometrics, AI-enabled wireless connectivity, video, vision, audio, and speech processing solutions support the next generation of intelligent devices that enhance how people live, work, and interact with technology.

We were initially incorporated in California in 1986 and were re-incorporated in Delaware in 2002.

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The fiscal years presented in this report are the 52-week periods ended June 27, 2026 and June 28, 2025, and the 53-week period ended June 29, 2024.

Pending Merger with ON Semiconductor Corporation

On June 25, 2026, we entered into an Agreement and Plan of Reorganization (the “Merger Agreement”), by and among Synaptics, ON Semiconductor Corporation, a Delaware corporation (“Parent” or “onsemi”), and Sonic Acquisition Corp., a Delaware corporation and wholly-owned subsidiary of Parent (“Merger Sub”), pursuant to which Merger Sub will merge with and into Synaptics (the “Merger”), with Synaptics surviving as a wholly-owned subsidiary of Parent (the “Surviving Corporation”).

Subject to the terms and conditions set forth in the Merger Agreement, including approval of the Merger and the Merger Agreement at a special meeting of Synaptics stockholders, at the effective time of the Merger (the “Effective Time”), by virtue of the Merger, each share of Synaptics common stock outstanding immediately prior to the Effective Time, subject to certain limited exceptions provided in the Merger Agreement, shall be converted into the right to receive 1.350 validly issued, fully paid and non-assessable shares of onsemi common stock, par value $0.01 per share (“onsemi common stock”) (such number of shares of onsemi common stock per share of Synaptics common stock, the “Exchange Ratio,” and such consideration, the “Merger Consideration”).

No fractional shares of onsemi common stock will be issued in connection with the Merger.

Instead, any Synaptics stockholder who would otherwise be entitled to receive a fractional share of onsemi common stock will instead receive a cash payment (without interest) equal to such fraction multiplied by the “Average Parent Stock Price,” which is defined in the Merger Agreement as the average of the volume-weighted average trading prices per share of onsemi common stock on the Nasdaq Global Select Market on each of the five consecutive trading days ending on (and including) the trading day that is three trading days prior to the closing date (as reported by Bloomberg L.P.

or another authoritative source mutually selected by the parties).

The transactions contemplated by the Merger Agreement were unanimously approved by our Board of Directors, and the transaction is expected to close in mid-2027, subject to customary closing conditions, including approval by Synaptics stockholders and the receipt of required regulatory approvals.

Target Markets and Products

We are a leader in human interface technologies, enabling innovative and intuitive user experiences across a wide range of intelligent devices.

Our portfolio includes touch, display, biometrics, voice, audio, processor, wireless and multimedia products built on rich research and development (“R&D”), a broad intellectual property portfolio and established supply chain partnerships.

Designed for mobile, personal computers (“PC”), smart home, industrial and automotive applications, our solutions combine ease of use, functionality, performance and aesthetics to help make digital lives more productive, secure and enjoyable.

Our portfolio includes Edge AI processors, wireless connectivity, touch controllers, biometrics, voice, audio, and multimedia products built on extensive research and development (“R&D”), a broad intellectual property portfolio and established supply chain partnerships.

Designed for Physical AI and robotics, edge AI, smart home, industrial and automotive, personal computers (“PC”), and mobile applications, our solutions combine ease of use, functionality, performance and aesthetics to help make digital lives more productive, secure and enjoyable.

We focus on three primary markets.

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Core IoT Applications Markets

Our Veros™ family of wireless connectivity solutions include advanced Wi-Fi®, Bluetooth®, Bluetooth Low Energy (“BLE”), Zigbee, Thread, Matter, Global Positioning System (“GPS”), Global Navigation Satellite System (“GNSS”), Ultra-Wideband (“UWB”) and Ultra Low Energy (“ULE”) to address broad Internet of Things (“IoT”) applications.

Our devices help users connect seamlessly to multiple devices, such as home automation, multimedia streamers, security sensors, surveillance cameras, wireless speakers, games, drones, printers, wearable and fitness devices, and numerous other applications requiring a wireless connection.

Our family of wireless connectivity solutions include advanced Wi-Fi®, Bluetooth®, Bluetooth Low Energy (“BLE”), Zigbee, Thread, Matter, Global Positioning System (“GPS”), Global Navigation Satellite System (“GNSS”), and Ultra Low Energy (“ULE”) to address broad Internet of Things (“IoT”) applications.

Our devices help users connect seamlessly to multiple devices, such as home automation, multimedia streamers, security sensors, surveillance cameras, wireless speakers, gaming systems, drones, printers, wearable and fitness devices, and numerous other applications requiring a wireless connection.

Edge AI Processors

Our Synaptics Astra™ family of AI solutions include a scalable portfolio of intelligent edge processors designed to reduce latency, lower bandwidth usage and enhance security.

Applications range from highly integrated microprocessor units (“MPU”) to high-performance microcontroller units (“MCU”) architected for AI-enabled IoT systems.

We also provide a standards-based open software framework, rapid prototyping kits, full-featured artificial intelligence (“AI”) /machine learning (“ML”) toolkits and integration with Synaptics’ Wi-Fi® and Bluetooth® connectivity solutions.

Our Astra™ Machina™ Foundation Series Modular development kits support the Synaptics SL-Series of high-performance embedded processors as well as the Synaptics Machina Micro development kit for the SR100 Series of MCUs.

Integrated solutions with Astra, Veros and Human Interface products

By combining the AI processing power of the Astra™ family with the robust wireless capabilities of the Veros™ portfolio and our Human Interface products (primarily Touch), Synaptics delivers complete end-to-end solutions for intelligent, connected devices.

This powerful integration enables OEMs to accelerate innovation across diverse IoT applications—such as smart home, industrial, consumer, and automotive—by leveraging low-latency AI processing at the edge alongside secure, seamless wireless connectivity.

Applications range from highly integrated microprocessor units (“MPU”) to high-performance microcontroller units (“MCU”) architected for AI-enabled edge systems.

We also provide a standards-based open software framework, rapid prototyping kits, full-featured AI /machine learning (“ML”) toolkits and integration with Synaptics’ Wi-Fi® and Bluetooth® connectivity solutions.

Our Astra Machina™ Foundation Series Modular development kits support the Synaptics SL-Series of high-performance embedded processors as well as the Synaptics Astra Machina™ Micro development kit for the SR100 Series of MCUs.

Integrated Solutions with Astra ® , Connectivity, and Human Interface Products

By combining the AI processing power of the Astra ® family with the robust wireless capabilities of the wireless connectivity portfolio and our Human Interface products, Synaptics delivers complete end-to-end solutions for intelligent, connected devices.

This powerful integration enables OEMs to accelerate innovation across diverse IoT applications—such as smart home, industrial, Physical AI, robotics, consumer, and automotive—by leveraging low-latency AI processing at the edge alongside secure, seamless wireless connectivity.

Whether deploying a voice-enabled smart assistant, a computer vision-enabled security device, or a multimodal sensor fusion system, developers can build faster using Synaptics’ comprehensive hardware-software platforms, including modular development kits, open software frameworks, and optimized AI/ML toolchains.

Table o f Con tents

Enterprise and Automotive Applic ations Markets

PC Touchpad / Biometric Fingerprint

Our Natural ID family of capacitive-based fingerprint identification products is designed to support security and user convenience across a wide range of devices, including notebook PCs, PC peripherals and automobiles.

Biometric Fingerprint

Our Natural ID ® family of capacitive-based fingerprint identification products is designed to support security and user convenience across a wide range of devices, including notebook PCs, peripherals and automobiles.

Natural ID ® is designed for seamless integration into end products and is available in multiple form factors, colors and materials.

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Supporting the latest versions of major protocols, connectors and operating systems, our solutions help manufacturers with flexibility to enable seamless, high-quality video experiences across a wide range of devices.

Application for these devices is broadening beyond PC peripherals into new categories such as humanoids, robotics, and extended reality.

Robotics and Physical AI

Our Touch controller solutions bring human-like touch capabilities to robotics and humanoid use cases.

By combining high-sensitivity capacitive sensing with real-time Edge AI processing delivered by the Synaptics Astra™ processor platform, our solutions enable a range of interactions, from detecting subtle textures to securely gripping delicate or heavy objects.

Additionally, our high-speed interface technology helps transmit high-quality video with low latency and is designed to support 4K displays for robotics and humanoid applications.

Our innovative solutions, including integrated touch and display, local dimming and driver sensing technologies, are designed to help manufacturers create smarter, more intuitive user experiences.

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Mobile Applications Markets

With over 500 touch-related patents and full support for next-generation organic light emitting diode (“OLED”) technologies, Synaptics offers advanced touch solutions for mobile application markets.

With more than 500 touch-related patents and full support for next-generation organic light emitting diode (“OLED”) technologies, Synaptics offers advanced touch solutions for mobile applications.

Our technology is designed to deliver responsive, high-performance touch experiences that enhance device usability, support cutting-edge displays and elevate the user experience across smartphones, tablets and more.

We evaluate strategic opportunities regularly and, where appropriate, may acquire additional businesses, products or technologies that broaden the markets for our target markets and products.

Over the past few years, we have completed a number of acquisitions that have enabled us to acquire technologies that have allowed us to expand upon our portfolio of products and enter various markets.

Over the past few years, we have completed a

number of acquisitions that have enabled us to acquire technologies that have allowed us to expand upon our portfolio of products and enter various markets.

In January 2025, we acquired certain assets and obtained non-exclusive licenses relating to Broadcom Inc.’s (“Broadcom”) Wi-Fi technology.

This transaction is intended to accelerate our Edge AI strategy and next-generation products and technology for the IoT markets.

The acquired assets include non-exclusive licenses to three developed technology products and the right to obtain licenses for eight roadmap technology intangible assets expected to be delivered at various dates through September 2027.

The acquired assets primarily include non-exclusive licenses to three developed technology products and the right to obtain licenses for eight roadmap technology intangible assets expected to be delivered at various dates through May 2028.

In connection with this transaction, we also acquired certain employees from Broadcom.

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Enhances our ability to deliver end-to-end AI and IoT connectivity solutions for edge devices.

• Expands Our Veros™ wireless product roadmap:

Adds Wi-Fi 8 combo, UWB, GPS, GNSS, and Wi-Fi 7 combo products to strengthen our wireless portfolio over the next five years.

• Expands our wireless product roadmap:

Adds Wi-Fi 8 combo, GPS, GNSS, and Wi-Fi 7 combo products to strengthen our wireless portfolio over the next five years.

• Increases addressable market :

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Business Combinations and Asset Acquisitions” for additional information on our acquisitions.

Table o f Con tents

Through our investments in product technologies, we will continue to enhance our position as a leading supplier of premium semiconductor product solutions for each of the target markets in which we operate.

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We intend to continue utilizing our technological expertise to reduce the overall size, cost and power consumption of our product solutions while increasing their applications, capabilities and performance.

Grow in the IoT Market

We intend to capitalize on the growth of the IoT market, including connectivity and processor solutions, AI-native applications, extended reality and wearables.

Grow in the Edge AI Market

As AI moves from the data center to the edge, we intend to capitalize on this trend and the growth of the market, including connectivity and processor solutions, AI-native edge applications, Physical AI, robotics, industrial, extended reality and wearables.

We will build upon our existing innovative, intuitive and intelligent semiconductor product solutions portfolio and continue to address the evolving portability, connectivity, security and functionality requirements of these new markets.

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Since 2017, Synaptics has developed products with integrated neural processing engines to help customers in advancing their AI capabilities.

We intend to capitalize on the Edge AI opportunities with our processor solutions.

We intend to capitalize on the Edge AI and Physical AI opportunities with our processor solutions.

Pursue Strategic Relationships and Acquisitions

We intend to develop and expand our strategic relationships to enhance our ability to offer value-added semiconductor product solutions to our customers, penetrate new markets and strengthen the technological leadership of our product solutions.

We also intend to evaluate potential acquisitions of companies and assets to expand our technological expertise and to establish or strengthen our presence and product offerings in selected target markets.

Subject to the restrictions and consent requirements under our Merger Agreement with onsemi during the interim period of the pending transaction, we also intend to evaluate potential acquisitions of companies and assets to expand our technological expertise and to establish or strengthen our presence and product offerings in selected target markets.

Fabless Semiconductor Manufacturing

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Our goal is to provide our customers with innovative solutions that address their needs and improve their competitive positions.

Our R&D programs focus on the development of accurate, easy-to-use, reliable and intuitive human experiences for electronic devices.

Certain R&D programs focus on the development of accurate, easy-to-use, reliable and intuitive human experiences for electronic devices.

Our interface technologies are designed to enhance a diverse array of products, and we believe the interface is a key factor in the differentiation of many of our products.

AI-at-the-edge is a focus area for us in enabling improved performance and enhanced user experience in many of these products.

Edge AI is a focus area for us in enabling improved performance and enhanced user experience in many of these products.

We believe our technologies enable us to provide customers with product solutions that offer advantages over alternative technologies in terms of functionality, size, power consumption, durability and reliability.

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headquarters.

Table o f Con tents

Our customers include many of the world’s largest mobile and PC OEMs, based on unit shipments, as well as many large IoT OEMs, automotive manufacturers and a variety of consumer electronics manufacturers.

Our customers include many of the world’s largest mobile and PC OEMs, based on unit shipments, as well as many large Edge AI IoT OEMs, automotive manufacturers and a variety of consumer electronics manufacturers.

Our demonstrated track record of technological leadership, design innovation, product performance, cost-effectiveness and on-time deliveries has contributed to our position as a go-to supplier of human experience semiconductor product solutions.

We believe our strong relationship with our OEM customers, many of which are also currently developing product solutions, aligned with our target markets, will continue to position us as a preferred partner.

We generally supply our products to OEMs through their contract manufacturers, supply chain partners or distributors.

We generally supply our products to OEMs through their contract manufacturers and original design manufacturers (“ODM”), supply chain partners or distributors.

We consider both the OEMs and their contract manufacturers or supply chain partners to be our customers, as well as in some cases, our distributors.

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Our sales personnel receive substantial technical assistance and support from our internal technical marketing and engineering resources due to the highly technical nature of our product solutions.

Sales frequently result from multi-level engagement that involve our senior management, design engineers and sales personnel interacting with our customers’ decision makers throughout the product development and order process.

Sales frequently result from multi-level engagements that involve our senior management, design engineers and sales personnel interacting with our customers’ decision makers throughout the product development and order process.

See “Part II – Item 8.

Financial Statements and Supplementary Data – Notes to Consolidated Financial Statements – Note 17.

Segment and Other Information” for additional information on revenue by geographic location and product category.

Revenue” for additional information on revenue by geographic location and product category.

Manufacturing

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We currently utilize third-party semiconductor wafer manufacturers to supply silicon wafers integrating our proprietary design specifications.

The completed silicon wafers are forwarded to third-party package and test processors for further processing into die and packaged ASICs, as applicable, which are then used in our custom module products or processed as our ASIC-based solutions.

After processing and testing, the die and ASICs are consigned to various contract manufacturers for assembly or shipped directly to our customers.

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We believe our third-party manufacturing strategy provides a scalable business model, enables us to concentrate on our core competencies of research and development, technological advances and product design and engineering and reduces our capital investment.

Our third-party contract manufacturers and semiconductor fabricators are predominately Asia-based organizations.

Our third-party contract manufacturers and semiconductor fabricators are predominantly Asia-based organizations.

We generally provide our contract manufacturers with six-month rolling forecasts of our production requirements.

As a result of past supply constraints and capacity shortages affecting the global semiconductor industry, we entered into long-term capacity and pricing agreements with some suppliers.

As a result of past supply constraints and capacity shortages affecting the global semiconductor industry, we entered into long-term capacity and pricing agreements with certain suppliers.

Our reliance on these parties exposes us to vulnerability owing to our dependence on a few sources of supply.

In some cases, we have alternative sources of supply to mitigate supplier risk.

We may establish relationships with other contract manufacturers in order to reduce our dependence on any single source of supply.

We may establish relationships with other contract manufacturers to reduce our dependence on any single source of supply.

Periodically, we purchase inventory from our contract manufacturers when a customer delays its delivery schedule or cancels its order.

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We also record a liability and charge to cost of revenue the estimated losses on inventory we are obligated to purchase from our contract manufacturers when such losses become probable from customer delays or order cancellations.

In addition, the impact of entering into long-term capacity agreements could create significant inventory write-down if the end customer demand substantially declines.

Table o f Con tents

In addition, the impact of entering into long-term capacity agreements could create a significant inventory write-down if the end customer demand substantially declines.

We compete against many global and local companies.

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• Processor manufacturers – MPU and MCU makers

• Wireless connectivity providers – Wi-Fi, Bluetooth, BLE, Zigbee, Thread, ULE, UWB

• Wireless connectivity providers – Wi-Fi, Bluetooth, BLE, Zigbee, Thread, ULE

• Touch sensor and IC manufacturers

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Human Capital and Workforce Management

Our company has been built on the collective contributions from people of many countries, religions and ethnic backgrounds.

People are our most critical asset and are the core component behind our success.

We want to attract, develop and retain the world’s best talent.

Our company is built on the collective contributions of employees from many countries, religions and ethnic backgrounds.

People are our most critical asset and the core component behind our success.

We aim to attract, develop, retain and motivate the world’s best talent.

As of June 2026, we employed approximately 1,700 employees.

Our workforce is distributed globally across 15 countries with 21% of our employees located in North America, 70% located in Asia Pacific and 9% located in Europe and the Middle East.

We believe our company attributes differentiate us in the market and have resulted in a lower voluntary attrition rate relative to benchmark data and a higher retention rate in fiscal 2025.

Our employee average tenure globally is approximately eight years.

Our Board of Directors and its committees provide oversight on certain workforce management matters including, among other aspects, leadership development, management depth and strength assessment, people engagement and inclusion, and our employee experience survey results.

The Audit Committee is responsible for monitoring our business risks and our company’s Code of Business Conduct and Ethics.

Our company attributes differentiate us in the market and have resulted in a lower voluntary attrition rate relative to benchmark data and a higher retention rate in fiscal 2026.

Our employee average tenure globally is approximately nine years.

Our Board of Directors and its committees provide oversight on specific workforce management matters including leadership development, management depth and strength, people engagement and inclusion, and our employee experience survey results.

The Audit Committee is responsible for monitoring our business risks and our company’s Code of Conduct.

The Nominations and Corporate Governance Committee oversees our Corporate, Governance and Sustainability (“CGS”) strategy, including talent attraction, retention and inclusion and belonging.

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We provide competitive benefits related to health, wellness, mental health and family resources designed to meet the needs of our diverse global workforce.

We have a robust pay for performance philosophy and compensation framework to reward high performance.

Our robust pay for performance philosophy and compensation framework reward high performance.

We align executive compensation with our corporate strategies, business objectives and the creation of long-term value for our stockholders without encouraging unnecessary or excessive risk-taking.

Table o f Con tents

We are committed to proactively caring for the well-being of our employees in an engaging and meaningful way.

The majority of our workforce participated in health and wellness related events last year, such as global virtual runs and quarterly challenges, promoting healthy behavior while raising money for local charities.

We also provided opportunities for employees to donate or volunteer their time through various philanthropic programs and events.

Additionally, we provided a new platform to access resources and learning across physical, mental, nutritional, financial and social health topics.

The majority of our workforce participated in health and wellness related events last year, such as global virtual runs and challenges, promoting healthy behavior while raising money for local charities.

In fiscal 2026 we added Unplugged Days for all employees to take the day off and create the opportunity to rest and recharge simultaneously.

We also provided opportunities for employees to donate or volunteer their time through various philanthropic programs and events, including a Global Day of Impact in which more than 1,000 employees volunteered in their local communities.

Additionally, we supplemented our wellbeing platform that provides access to various physical and mental health resources with an additional global benefit providing access to individualized coaching and therapy.

We continuously provide team building and well-being activities onsite in our global offices.

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We held an average response rate of 92% for fiscal 2026, which we view as indicative of a high-level of employee engagement.

We invest in our employees and their professional development by providing opportunities to learn though technical, compliance and other professional training, including through semi-annual development conversations between employees and managers to ensure employees have individualized career discussions that align both with organizational and professional development goals.

We also make customized learning pathways available through a global platform where all employees can take courses to grow their skill sets.

We invest in our employees and their professional development by providing opportunities to learn through technical, compliance and other professional training, including through semi-annual development conversations between employees and managers to ensure employees have individualized career discussions that align both with organizational and professional development goals.

We make customized learning pathways available through a global platform where all employees can take courses to grow their skill sets.

With an added focus on developing our leaders, our people managers received additional focused resources and training.

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Our goal is to cultivate an environment that allows for and encourages all employees to collaborate and participate equally to foster individual and company growth and innovation.

As of J une 2025, 19% of global employees, 20% senior executive leadership positions and 38% of our B oard of Directors identified as female.

As of June 2026, 19% of global employees, 21% of senior executive leadership positions and 33% of our Board of Directors identified as female.

We continue to invest in programs that foster a respectful, inclusive and collaborative work environment that reflect the diverse cultural backgrounds represented in our global offices.

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We believe that sustainable operations and consistent attention to CGS priorities support long-term stockholder value and reinforce the resiliency of our business.

Our Board of Directors and management team integrate CGS considerations into strategy, financial planning and risk management to promote transparency, accountability and informed decision-making.

Our Board of Directors and management team integrate CGS

considerations into strategy, financial planning and risk management to promote transparency, accountability and informed decision-making.

As part of our environmental efforts, we have implemented company-wide initiatives to reduce our natural resource consumption, minimize waste, promote reuse and recycling and dispose of end-of-life products in an environmentally safe manner.

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Our Board of Directors receives periodic updates from Nominations and Corporate Governance Committee and management on our CGS performance.

Table o f Con tents

Information About Our Executive Officers

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Name Age Position

56 President and Chief Executive Officer

Rahul Patel 57 President and Chief Executive Officer

Lisa Bodensteiner 64 Senior Vice President, Chief Legal Officer and Secretary

Satish Ganesan 50 Senior Vice President and General Manager of Intelligent Sensing Division and Chief Strategy Officer

Vikram Gupta 56 Senior Vice President and General Manager, IoT Processors and Chief Product Officer

Satish Ganesan 51 Senior Vice President and General Manager of Edge Interface and Sensing Division and Chief Strategy Officer

Vikram Gupta 57 Senior Vice President and General Manager, Edge Compute and Connectivity Division and Chief Product Officer

Ken Rizvi 51 Senior Vice President and Chief Financial Officer

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Bodensteiner holds a Juris Doctor degree from Santa Clara University School of Law and a Bachelor of Science in Business Administration in Accounting from the University of Nevada.

Satish Ganesan has been the Senior Vice President and General Manager of Intelligent Sensing Division since February 2024.

Satish Ganesan has been the Senior Vice President and General Manager of Edge Interface and Sensing Division since January 2026.

Ganesan was the Senior Vice President and General Manager of Intelligent Sensing Division until December 2025.

Ganesan joined Synaptics in November 2019 as our Chief Strategy Officer.

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Ganesan served as Chief Product Officer of Keyssa Inc., a wireless startup focused on short range connectivity, from May 2017 to October 2018.

Before that, he held several executive positions focused on IoT and mobile strategy and product marketing at Broadcom Limited from August 2007 to November 2010 and January 2014 to February 2016.

Before that, he held several executive positions focused on IoT and mobile

strategy and product marketing at Broadcom Limited from August 2007 to November 2010 and January 2014 to February 2016.

He also served as Director, Product Management & Product Marketing at Tilera Corporation from December 2011 to December 2013.

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Ganesan received his Bachelor of Science in Electrical and Electronics Engineering from BITS, India and his Master of Science in Computer Engineering from the University of Cincinnati.

Vikram Gupta has been the Senior Vice President and General Manager of IoT Processors and Chief Product Officer since January 2023.

Vikram Gupta has been the Senior Vice President and General Manager of Edge Compute and Connectivity Division since January 2026.

Gupta was the Senior Vice President and General Manager of IoT Processors Division until December 2025.

Prior to joining Synaptics, Mr.

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He holds a Bachelor’s degree in Electrical and Electronics Engineering from Birla Institute of Technology & Science in India and a Master’s Degree in Electrical Engineering from the University of Hawaii at Manoa.

Table o f Con tents

Ken Rizvi has been the Chief Financial Officer of our company since July 15, 2024.

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Rizvi held senior leadership roles at Micron Technology, Inc.

and ON Semiconductor.

He has also served as an associate with Technology Crossover Ventures and as an investment banker at Morgan Stanley.

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Available Information

On the Investor Relations pages of our website, www.synaptics.com, we make available, free of charge, all our Securities and Exchange Commission (“SEC”) filings, corporate governance information, including our Code of Conduct, our Code of Ethics for our Chief Executive Officer and Senior Financial Officers and our Board Committee Charters.

Our filings with the SEC are available on our website promptly after their electronic filing with the SEC.

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The contents of our website, including the content contained in any website addresses or links included elsewhere in this report, are not incorporated into or deemed to be a part of this report.

Table o f Con tents

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1. Business