Semtech Advances Sustainability Leadership with 2025 CSR Report

Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions, today released its 2025 Corporate Social Responsibility Report, highlighting meaningful progress across environmental, social and governance initiatives that strengthen the company's competitive position while advancing sustainable innovation. The technology industry continues to balance rapid growth with environmental responsibility as enterprise customers and regulatory frameworks increasingly prioritize sustainability in supplier selection.

“Our 2025 CSR Report highlights how we’re evolving as a technology leader and responsible corporate citizen, helping our customers create the infrastructure for a more connected and sustainable world as we strengthen our long-term competitiveness,” said Asaf Silberstein, executive vice president and chief operating officer.

Key Sustainability Achievements

Semtech’s sustainability advancements demonstrate the company’s commitment to responsible growth:

• Climate Leadership: Preparing to submit science-based targets in 2026, targeting substantial greenhouse gas reductions aligned with 1.5°C pathways and net-zero by 2050
• Product Innovation: More than 30% of global IoT LPWAN connections powered by Semtech’s LoRa technology, enabling resource conservation across industries
• Operational Excellence: Achieved ISO 14001:2015 certification at three key facilities while implementing energy efficiency improvements across 33 global locations
• Workforce Development: Employee engagement increased from 57% to 68% with launch of Emerging Leaders Class of 2025 program

Supply Chain and Financial Performance

The initiatives complement Semtech's strong financial performance, with $868.8 million in fiscal 2024 revenue and a diversified global presence that enhances supply chain resilience.

All suppliers must adhere to Responsible Business Alliance standards, with more than 100 suppliers participating in conflict minerals due diligence programs. The company maintains rigorous compliance with environmental regulations including REACH, RoHS and TSCA.

Availability

The complete 2025 Corporate Social Responsibility Report and additional information about Semtech's sustainability initiatives are available at www.semtech.com/company/corporate-citizenship.

About Semtech

Semtech Corporation (Nasdaq: SMTC) is a leading provider of high-performance semiconductor, IoT systems and cloud connectivity service solutions dedicated to delivering high-quality technology solutions that enable a smarter, more connected and sustainable planet. Our global teams are committed to empowering solution architects and application developers to develop breakthrough products for the infrastructure, industrial and consumer markets. To learn more about Semtech technology, visit us at Semtech.com or follow us on LinkedIn or X.