Former NXP Semiconductors and ams-OSRAM Leader Has Over 20 Years of Experience Navigating Dynamic Business Cycles

Appointment Bolsters Wolfspeed's Leadership as It Drives Toward Profitability and Expands in High-Growth Markets

Wolfspeed, Inc. (NYSE:WOLF) ("Wolfspeed" or the "Company") today announced the appointment of Gregor van Issum as Chief Financial Officer (CFO), effective September 1, 2025, following a comprehensive review of internal and external candidates. Van Issum succeeds Kevin Speirits, who is serving as Interim Chief Financial Officer and will remain with Wolfspeed to support the Company and ensure a smooth transition. He will be relocating to North Carolina and be based at company headquarters in Durham, NC, reporting to Wolfspeed CEO, Robert Feurle.