Kista, Sweden - February 18, 2025 - Sivers Semiconductors AB (STO:SIVE), a global leader in photonics and wireless technologies, today announced the appointment of Alexander McCann as a strategic Senior Advisor to the Board and the CEO. In this role, Mr. McCann's primary focus will be on strengthening and scaling the company's photonics operations.

Mr. McCann joins Sivers Semiconductors with more than 25 years of executive leadership experience in the semiconductor industry. He has played a key role in driving world-class global operations and supply chain strategies for leading semiconductor companies, including Linear Technology Corp., Analog Devices Inc., and Dialog Semiconductor Ltd.

"We are thrilled to welcome Alex to the Sivers team. His deep expertise in operations and supply chain management, along with his extensive industry network are invaluable at this stage for our company," said Vickram Vathulya, CEO of Sivers Semiconductors. "Alex has a proven track record of crafting and deploying operations strategies with successful outcomes, and we look forward to leverage his leadership towards our continued expansion and success in the photonics market"

Mr. McCann was formerly the Senior Vice President of Global Operations at Dialog Semiconductor, where he oversaw global operations and supply chain management. During his tenure, he was part of the executive team that successfully executed Dialog's $6 billion sale to Renesas Electronics in 2021.

Prior to joining Dialog Semiconductor, Mr. McCann served as Vice President of Global Operations of Analog Devices where he led all operational functions including global multi-site manufacturing, engineering, facilities, customer service, supply chain functions and engineering support. Before joining Analog Devices, Mr. McCann also served as Chief Operating Officer at Linear Technology Corp for more than a decade. During his time as COO, he helped successfully execute a $14 billion sale to Analog Devices in 2017.

"I'm excited to join Sivers Semiconductors as a Senior Advisor and contribute to the growth of its photonics business," said McCann. "Sivers has a very credible strategic plan and is at the forefront of innovation in photonics. I look forward to working with Vickram and the team, applying my experience in operations and supply chain management to help scale the business and capitalize on the expanding market opportunities."

Mr. McCann holds a Master of Business Administration (with Distinction) from the University of Glasgow Business School. In addition to his new role with Sivers Semiconductors, Mr. McCann serves as President of Fortan Advisors and is a Semiconductor Partner at Alexa Capital. He also sits on the boards of LUMEOVA and Probe Test Solutions Ltd (PTSL).

About Sivers Semiconductors 
Sivers Semiconductors is a critical enabler of a greener data economy with energy-efficient photonics & wireless solutions. Our differentiated high-precision laser and RF beamformer technologies help our customers in key markets such as AI datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com (SIVE.ST)

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Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Company Contact
Vickram Vathulya
CEO
ir@sivers-semiconductors.com