Semtech Appoints Mitch Haws as Senior Vice President of Investor Relations

Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions, announced today that Mitch Haws has joined the company as its senior vice president of investor relations.

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Mitch Haws, Senior Vice President of Investor Relations, Semtech Corporation

Mr. Haws has an extensive background in investor relations, most recently as corporate vice president of investor relations at Advanced Micro Devices. Prior to that, he was vice president of investor relations at Skyworks Solutions and vice president of investor relations and global communications at Freescale Semiconductor. He is a certified Investor Relations Charter (IRC) holder, was honored as a National Investor Relations Institute (NIRI) fellow and currently serves on the NIRI Board of Directors. Mr. Haws holds an MBA from Westminster College and a BA in Communications from Brigham Young University.

“We are pleased to welcome Mitch to our executive team,” said Hong Hou, president and CEO. “Mitch brings deep expertise in capital markets, financial communications, and investor engagement, and he will play a major role in advancing our dialogue with shareholders and the broader investment community.”

“I am excited to join Semtech at a key moment as it advances cutting-edge technologies and expands its market presence,” said Haws. "I look forward to working with the leadership team to strengthen our relationships with investors and articulate the company’s long-term strategy, market opportunities, and financial performance.”

On May 12, 2025, and in connection with his joining the Company, Semtech granted Mr. Haws a restricted stock unit (RSU) award covering 30,110 shares of Semtech common stock and a performance-based restricted stock unit (PRSU) award covering a “target” of 30,110 shares of Semtech common stock. One-third of the RSUs are scheduled to vest on June 10, 2026, and the balance of the RSUs are scheduled to vest in equal quarterly installments every three months after the first vesting date until the award is fully vested, with vesting in each case subject to Mr. Haws’ employment with the company through the applicable vesting date. Between 0% and 200% of the “target” number of PRSUs may become eligible to vest based on Semtech’s net revenue, non-GAAP operating income, and relative total shareholder return performance over a three-year performance period consisting of Semtech’s 2026, 2027 and 2028 fiscal years. A portion of the “target” number of PRSUs are allocated to each of the three performance periods under the award, and vesting of any PRSUs allocated to a performance period is subject to both Semtech’s performance and Mr. Haws’ employment with the company through the date following the end of that fiscal year on which performance is determined by Semtech for purposes of the award (except that no portion of the award will vest earlier than the first anniversary of the grant date, and Semtech’s relative total shareholder return performance is measured over the entire three-year performance period). Stock units that vest will be paid in an equal number of shares of Semtech common stock. All of the stock units awarded to Mr. Haws on May 12, 2025 are structured to satisfy the “inducement grant” exception under applicable listing rules and, accordingly, they were not granted under Semtech’s 2017 Long-Term Equity Incentive Plan.