Intel said that on September 7, 2025, Michelle Johnston Holthaus, Chief Executive Officer of Intel Products, notified the company of her decision to resign for Good Reason as defined in her Offer Letter.

1. 01

   Intel said that on September 7, 2025, Michelle Johnston Holthaus, Chief Executive Officer of Intel Products, notified the company of her decision to resign for Good Reason as defined in her Offer Letter.

2. 02

   The company said Good Reason is a concept defined in the Offer Letter dated February 28, 2025, which is Michelle Johnston Holthaus's Offer Letter.

3. 03

   Intel said Michelle Johnston Holthaus has agreed to remain employed by the company in a non-executive role through March 1, 2026 to ensure a smooth transition.

4. 04

   The company said that upon her departure on March 1, 2026, Michelle Johnston Holthaus will be entitled to severance benefits in accordance with the terms and conditions of the Intel Corporation Executive Severance Plan, as previously disclosed, in exchange for a release of claims in favor of Intel.

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