Cirrus Logic, Inc. (the "Company") is aware of certain reports stating that it recently made effortsto acquire Synaptics Incorporated ("Synaptics") and is the party referred to as "Party A" in filings made with the Securities and Exchange Commission by Synaptics and ON Semiconductor Corporation ("onsemi") in connection with their pending merger. The Company confirms that it made acquisition proposalsand is Party A. However, the Company does not otherwise adopt or confirm the accuracy of the descriptions of the Company or its proposals contained in the referenced filings.

 

The Company is not currently pursuing a transaction with Synaptics and will not be providing any further comment on this matter at this time.

 

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