Analog Devices, Inc. announced that its wholly-owned subsidiary Maxim Integrated Products, Inc. (Maxim) has received the requisite number of consents to adopt certain proposed amendments (Amendments) to the indenture governing Maxim's outstanding 3.450% Senior Notes due 2027 (Maxim Notes). The results are based on early tenders in the offer to exchange any and all outstanding Maxim Notes for up to $500,000,000 aggregate principal amount of new notes to be issued by the Company and cash and the related solicitation of consents to adopt the Amendments to the indenture governing the Maxim Notes, commenced by ADI on September 8, 2022. The Amendments will become operative only upon the settlement of the Exchange Offer, which is expected to occur promptly after the Expiration Date.

As of on September 21, 2022 (Early Tender Date), the principal amounts of Maxim Notes in the table below had been validly tendered and not validly withdrawn (and consents thereby validly given and not validly withdrawn). For each $1,000 principal amount of Maxim Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date, eligible holders of Maxim Notes will be eligible to receive $970 principal amount of ADI Notes and $1.00 in cash as well as an early tender premium of $30 principal amount of ADI Notes.