<div>Renesas & Wolfspeed Sign 10-Year SiC Wafer Agreement</div>

Renesas & Wolfspeed Sign 10-Year SiC Wafer Agreement

<div>Renesas & Wolfspeed Sign 10-Year SiC Wafer Agreement</div>

Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, and Wolfspeed, Inc. (NYSE: WOLF, “Wolfspeed”), the global leader in silicon carbide technology, today announced the execution of a wafer supply agreement and $2 billion (USD) deposit by Renesas to secure a 10 year supply commitment of silicon carbide bare and epitaxial wafers…

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