On November 17, 2022, the Board of Intel Corporation elected Barbara G. Novick to the Board, effective December 1, 2022 (the “Effective Date”). The Board determined that Ms. Novick qualifies as “independent” in accordance with the published listing requirements of Nasdaq, and she has been appointed to the Audit & Finance Committee and Compensation Committee as of the Effective Date. Ms. Novick, 62, co-founded BlackRock Inc. in 1988 and continued as its Vice Chairman until February 2021 when she transitioned to Senior Advisor.

From 1988 to 2009, Ms. Novick headed the Global Account Management Group at Blackrock and oversaw global business development, marketing and client service across equity, fixed income, liquidity, alternative investment and real estate products for institutional and individual investors and their intermediaries worldwide. In 2009, she established BlackRock's Global Government Relations and Public Policy Group to provide a voice for investors, which she headed until 2021; and from 2018 to 2020, she additionally oversaw BlackRock's Global Investment Stewardship team. Ms. Novick has served since 2021 on the private company board of directors of New York Life Insurance Company, a mutual insurance company, and American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing by American banks and financial institutions.

She also serves on the boards of the Peterson Institute for International Economics, 100 Women in Finance, Committee on Capital Markets Regulation, and the Millstein Center for Global Markets and Corporate Ownership, and on the advisory boards of Growth Curve Capital and Center for Financial Stability. She previously served on the boards of Cornell University from 2012 to 2020 and the Investment Company Institute from 2015 to 2021. Ms. Novick earned a B.A., cum laude, in Economics from Cornell University.

She has authored numerous articles on asset management and public policy issues and over her career received numerous awards and accolades, including Barron's 100 Most Influential Women in U.S. Finance in 2020.