On May 13, 2024, Xperi Inc. announced that leading proxy advisory firm Institutional Shareholder Services (ISS) has recommended that Xperi stockholders vote for all of the Company?s nominees on the Company proxy card ahead of the Company?s 2024 Annual Meeting of Stockholders, to be held on May 24, 2024. The Company stated that in its report, ISS concluded that there does not appear to be a need for change at the board level at this time. Specifically, ISS highlighted the fact that the Company ?appears to be executing on its long-term strategic plan?

and that ?the board appears receptive to shareholders and appears to have engaged in good faith with Rubric Capital.? The Company also stated that ISS highlighted the Company?s recent outperformance and concludes that change at the board level is not needed. Further, the Company encouraged all the shareholders to vote for all 5 of the Company?s nominees.