Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In connection with Mr. Mauldin's appointment as the chief accounting officer, on May 15, 2021 the Compensation Committee of the Board of Directors of Silicon Laboratories approved a grant of 1,932 restricted stock units (which shall vest in three equal annual installments contingent upon Mr. Mauldin's continued service through each such date). On May 15, 2021, the Compensation Committee also approved, and the Company entered into, the Executive Severance Agreement with Mr. Mauldin that was included in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 17, 2021.

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