Company: SNPS
Filing Date: 2025-07-17
Form Type: 8-K
Source: 0001140361-25-026139
Chunk: 5

Company: SYNOPSYS INC
Filing Date: 2025-07-17
Form: 8-K
Item: Item 5.02
Chunk 5
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Item 5.02.      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

On July 17, 2025, in accordance with the applicable provisions of Synopsys’ amended and restated bylaws, the Board of Directors (the “ Board”) of Synopsys increased the size of the Board from nine to eleven directors and, pursuant to the Merger Agreement, appointed Dr. Ajei Gopal and Ravi
Vijayaraghavan to serve as directors effective as of the Effective Time. Dr. Gopal and Mr. Vijayaraghavan have not been appointed to serve on any committees.

Dr. Gopal served as President and Chief Executive Officer of Ansys from 2017 and on Ansys’ board of directors from 2011 until Ansys’ acquisition by
Synopsys. Dr. Gopal also served as President and Chief Operating Officer of Ansys in 2016. From 2013 to 2016, Dr. Gopal was an operating partner at Silver Lake, a leading private equity technology investor. His employment at Silver Lake included a
secondment as interim President and Chief Operating Officer at Symantec in 2016. From 2011 until 2013, he was Senior Vice President at Hewlett Packard Enterprise Company. Dr. Gopal has served on
the board of directors of Fiserv, Inc. since 2024 and on the board of trustees of Carnegie Mellon University since 2022, and he previously served as a member of the board of directors of Citrix from September 2017 to October 2021.

Mr. Vijayaraghavan served as a director of Ansys from 2020 until Ansys’ acquisition by Synopsys and has been a senior partner at Bain & Company, Inc.
(“ Bain”) since 2008. He has held multiple senior roles with Bain, including serving as Director and Head of the Asia-Pacific Technology Practice from 2019 to 2024. From 2015 to 2020, Mr.
Vijayaraghavan served on Bain’s Global Partner Compensation and Promotion Committee. Mr. Vijayaraghavan started his career with Bain in 1995 and is an expert and leader in Bain’s Mergers & Acquisitions and Private Equity practices.

Both Dr. Gopal and Mr. Vijayaraghavan will participate in Synopsys’ non-employee director program. Pursuant