Mr. Raouf Halim reports

DAVE MIER TO CONTINUE AS INTERIM CFO

Spectra7 Microsystems Inc.'s Bonnie Tomei, chief financial officer, is leaving the company effective Feb. 29, 2024, due to a family medical situation. Ms. Tomei has been on personal leave since Nov. 30, 2023. Dave Mier, who is currently serving as interim CFO, will continue in that role while the company searches for a permanent replacement.

"I want to thank Bonnie for her leadership and contribution to Spectra7. We wish Bonnie the very best for the future," said Raouf Halim, chief executive officer of Spectra7.

About Spectra7 Microsystems Inc.

Spectra7 Microsystems is a high performance analog semiconductor company delivering unprecedented bandwidth, speed and resolution to enable disruptive industrial design for leading electronics manufacturers in virtual reality, augmented reality, mixed reality, data centres and other connectivity markets. Spectra7 is based in San Jose, Calif., with a design center in Cork, Ireland, and a technical support location in Dongguan, China.

We seek Safe Harbor.