On July 24, 2023, the Board of Directors (the ?Board?) of KLA Corporation (the ?Company?) elected Michael McMullen to the Board, effective immediately. Mr. McMullen has served as the President, since 2014, and Chief Executive Officer, since 2015, of Agilent Technologies Inc. (?Agilent?), a global leader in life sciences, diagnostics and applied chemical markets, providing application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. In his thirty-year career at Agilent, Mr. McMullen held various leadership positions.

The Board also appointed Mr. McMullen to the Compensation and Talent Committee of the Board, effective immediately. Mr. McMullen will receive a prorated grant of restricted stock units pursuant to the Company?s 2004 Equity Incentive Plan for his service on the Board through the next annual meeting of stockholders and will be entitled to receive a prorated portion of the annual cash retainer paid by the Company to independent members of the Board and members of the Compensation and Talent Committee for their service pursuant to the Company?s current outside director compensation program.