Material Event (Form 8-K)

As previously announced, on February 4, 2026, Silicon Laboratories Inc., a Delaware corporation ("Silicon Labs"), entered into an Agreement and Plan of Merger (as it may be amended, supplemented or modified from time to time, the "Merger Agreement") with Texas Instruments Incorporated, a Delaware corporation ("Texas Instruments"), and Caldwell Merger Corp., a Delaware corporation and wholly owned direct subsidiary of Texas Instruments ("Merger Sub"), pursuant to which Merger Sub will merge with and into Silicon Labs (the "Merger"), with Silicon Labs surviving the Merger as a wholly owned direct subsidiary of Texas Instruments.

The consummation of the Merger (the "Closing") is subject to certain customary conditions, including the expiration of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"). The waiting period under the HSR Act with respect to the Merger expired at 11:59 p.m. Eastern Time on May 22, 2026, satisfying one of the conditions to Closing.

The Closing remains subject to other customary conditions, including the receipt of certain other regulatory approvals.