We Ask for Your Support
We encourage you to review the information on our Investor Relations website that describes our plan for continuing Xperis progress and enhancing
shareholder value. Once you do, we believe you will reach the same conclusion as ISS and Glass Lewis: support for the incumbent directors is the best way to protect and enhance value at Xperi.
We welcome your support, which can be expressed by voting in accordance with the instructions on the Companys BLUE proxy card a vote FOR all of
the Boards nominees and a WITHHOLD vote on all other candidates.
We thank you in advance.
The Xperi Inc. Board of Directors
Forward-Looking
Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding: expectations regarding our future results of
operations and financial position, margin expansion and overall growth, including, without limitation, anticipated Adjusted EBITDA and revenue growth, objectives for future operations, and ongoing strategies, including, without limitation, relating
to our compensation program, continued cost management, the expansion of our board and our pursuit of strategic alternatives for and potential divestiture of Perceive. These forward-looking statements are based on information available to the
Company as of the date hereof, as well as the Companys current expectations, assumptions, estimates and projections that involve risks and uncertainties. In some cases, you can identify forward-looking statements by the words
expect, anticipate, intend, plan, believe, could, seek, see, will, may, would, might,
potentially, estimate, continue, expect, target, and similar expressions or the negatives of these words or other comparable terminology that convey uncertainty of future events or
outcomes. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking
statements. These risks, uncertainties and other factors are described under the captions Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on
Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission (the SEC) and our other filings with the SEC from time to time. Any forward-looking statements
speak only as of the date of this press release and are based on information available to the Company as of the date of this press release, and the Company does not assume any obligation to, and does not intend to, publicly provide revisions or
updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.
Additional Information and Where to Find It
Xperi has
filed with the SEC a definitive proxy statement on Schedule 14A, containing a form of BLUE proxy card, with respect to its solicitation of proxies for Xperis 2024 Annual Meeting of Stockholders. This communication is not a substitute for any
proxy statement or other document that Xperi may file with the SEC in connection with any solicitation by Xperi.