CADENCE DESIGN SYSTEMS INC

This Current Report on Form 8-K contains forward-looking statements within the meaning of federal securities laws, including statements regarding the settlements, pending court approval, further investment in and enhancement of Cadence’s export compliance program, and other statements using words such as “anticipates,” “believes,” “expects,” “intends,” “plans,” “will” and words of similar import and the negatives thereof. Forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside Cadence’s control, and which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements, including, among others: (i) inability to obtain court approval of the plea agreement; (ii) further inquiries or adverse actions by the court, BIS, the DOJ or other U.S. or foreign governmental authorities; (iii) any impact of the settlements on Cadence's operations or business dealings in China, U.S. government contracting business or other customer relationships; (iv) non-compliance with the terms of the plea agreement, administrative settlement agreement or probation; (v) changes in exports controls and other laws and regulations; (vi) continued acquisition and integration of other businesses; and (vii) macroeconomic and geopolitical conditions.

For a detailed discussion of these and other cautionary statements related to the settlements and Cadence’s compliance with export controls, please refer to Cadence’s filings with the Securities and Exchange Commission (the “SEC”), including its most recent Annual Report on Form 10-K, its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 and its other filings with the SEC, including other future filings.

All forward-looking statements in this Current Report on Form 8-K are based on management’s expectations as of the date hereof and, except as required by law, Cadence disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.