Company: COHU
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001437749-25-010672
Chunk: 3

Company: COHU INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 3
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 annual report on Form 10-K and our other filings with the SEC. You should not place undue reliance on forward-looking statements. We undertake no obligation to update any forward-looking statements.

About Cohu

Cohu is a leading supplier of semiconductor test automation and inspection equipment, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems and semiconductor automated test equipment used by global semiconductor manufacturers and their test subcontractors. Our differentiated and broad product portfolio enables optimized yield and productivity, accelerating customers’ manufacturing time-to-market.

| Test Automation | Inspection & 
 Metrology    | Semiconductor 
 Testers       | Interface Solutions | Data Analytics |

<div align='center'>1</div>

Cohu at a Glance

| 1947    
 Founded | Poway, CA    
 Headquarters | 3,000+      
 Employees   
 (Worldwide) | 24,800+        
 Equipment      
 Installed Base | 21%                
 R&D % of Sales (1) |

<div align='center'>Global Technology and Market Leader in $3.4 billion(2)

Semiconductor Equipment Markets

Cohu, Inc. Headquarters, Poway, California</div>

(1) For fiscal year 2024.

(2) Estimated Cohu Serviceable Addressable Market (SAM), based on 2024 company estimates.

<div align='center'>2</div>

### Fiscal Year 2024 Financial Highlights
<div align='center'>Sales of$401.8 million despite challenging market conditions

Full year 2024 gross margin of44.9%; non-GAAP gross margin of45.0%</div>

| $401.8M                  
 Revenue                  
 $262.1M                  
 Cash & Investments (1)   |     | $(1.49)       
 GAAP          
 Loss per      
 Diluted Share 
 (EPS)         |     | 44.9%            
 GAAP             
 Gross Margin     |
| 5%                       
 9-year sales growth CAGR |     | $(0.23)       
 Non-GAAP      
 EPS (2)       |     | 45.0%            
 Non-GAAP         
 Gross Margin (2) |

(1) As of December 28, 2024

(2) See Appendix A for GAAP to non-GAAP reconciliations

Proposals and Voting Recommendations

| Voting Matters                                                                                                                   | Board Vote         
 Recommendation     |
| Proposal No. 1: Election of Three Class 3 Directors                                                                              | √ FOR each