Company: CRUS
Filing Date: 2025-06-04
Form Type: DEF 14A
Source: 0000772406-25-000019
Chunk: 101

Company: CIRRUS LOGIC, INC.
Filing Date: 2025-06-04
Form: DEF 14A
Chunk 101
---
Austin, Texas

June 4, 2025

108

#### ANNEX

#### INCENTIVE PLAN RECONCILIATION

#### (in thousands)
|                                                              |     | 6 Months Ended 
 2H'25          |         |   |     | 1H'25 |         |   |
|:-------------------------------------------------------------|:----|:---------------|--------:|:--|:----|:------|--------:|:--|
| Net Revenue                                                  |     | $              | 980,194 |   |     | $     | 915,883 |   |
| Cost of Sales                                                |     | $              | 455,671 |   |     | $     | 444,368 |   |
| Gross Profit                                                 |     | $              | 524,523 |   |     | $     | 471,515 |   |
| Total Operating Expenses                                     |     | $              | 292,808 |   |     | $     | 292,871 |   |
| Total Operating Income                                       |     | $              | 231,715 |   |     | $     | 178,644 |   |
| Operating Income Percentage                                  |     |                |      24 | % |     |       |      20 | % |
| Operating Income Reconciliation                              |     |                |         |   |     |       |         |   |
| GAAP Operating Income                                        |     | $              | 231,715 |   |     | $     | 178,644 |   |
| Amortization of acquisition intangibles                      |     | $              |   3,294 |   |     | $     |   3,836 |   |
| Stock compensation expense                                   |     | $              |  40,314 |   |     | $     |  43,832 |   |
| Other adjustments **                                         |     | $              |     661 |   |     | $     |   1,019 |   |
| Non-GAAP Operating Income Used for Incentive Plan            |     | $              | 275,984 |   |     | $     | 227,331 |   |
| Non-GAAP Operating Income Percentage Used for Incentive Plan |     |                |      28 | % |     |       |      25 | % |

** Other adjustments includes lease impairments for fiscal year 2025.

109

110