Xperi Inc. announced the appointment of Jeremi A. Gorman and Roderick K. (?Rod?) Randall to the Board of Directors (the ?Board?), effective June 10, 2024. Following the appointment of Ms. Gorman and Mr. Randall, the Board consists of seven directors, six of whom are independent. Ms. Gorman has more than 20 years of experience building and scaling digital media businesses.

Most recently, she served as President of Worldwide Advertising for Netflix Inc., where she was responsible for launching the company?s first ad-supported streaming service. Before joining Netflix in 2022, Ms. Gorman served as Chief Business Officer of Snap Inc. (NYSE: SNAP), the parent company of Snapchat, where she was responsible for global revenue. Previously, Ms. Gorman served in a variety of roles at Amazon.com Inc. (Nasdaq: AMZN), including as Global Head of Enterprise Advertising Sales.

Earlier in her career, she held advertising and marketing roles at Yahoo!, Variety and Monster.com. Ms. Gorman currently serves as a senior advisor and is an active angel investor. Ms. Gorman holds a bachelor's degree from the University of California, Los Angeles and an MBA from Pennsylvania State University.

Ms. Gorman is also a founding investor in Angel City Football Club and serves on the board of Women for Women International, as well as GameSquare Holdings Inc. (Nasdaq: GAME) and Revitate. Ms. Gorman has also been appointed to the Board?s Nominating and Corporate Governance Committee. Mr. Randall has over 25 years of experience in the wireless, telecommunications, computer-networking and electric vehicle industries.

He is currently an Executive Partner at Siris Capital Group, LLC, a private equity investment firm focused on building value at complex telecom and technology companies operating at scale. Prior to Siris Capital, Mr. Randall was a founding partner at S1 Capital Partners. He was also a founding partner at Vesbridge Partners and a General Partner at St.

Paul Venture Capital, where he led the mobile investment practice. Previously, Mr. Randall served as the Chief Marketing Officer at Lucent Technologies, one of the world?s largest telecommunications equipment providers, and was Vice President of Marketing at Ascend Communications (sold to Lucent Technologies). Prior to that, he was Vice President of Strategic Market Development at Madge Networks, following its acquisition of Teleos Communications.

Mr. Randall co-founded Teleos Communications in 1987 and served in a variety of roles, including Chief Technology Officer, Vice President of Marketing and Business Development. He began his career at AT&T Bell Laboratories and holds several U.S. patents. Mr. Randall currently serves as chairman of the board of directors at MagLev Aero Inc., a member of the board of directors at Mavenir Systems Inc. and Fisker Inc. (NYSE: FSR), and is a member of the board of trustees at Vaughn College of Aeronautics and Technology.

He holds a Bachelor of Electrical Engineering with Highest Honors from Georgia Institute of Technology, and a Master of Sciences in Electrical Engineering and Computer Science from the University of California, Berkeley. Mr. Randall has also been appointed to the Compensation Committee of the Board.