Pivotal Systems Corporation announced that Mr. John Hoffman, Pivotal's current Executive Chairman, will continue with Executive Chairman responsibilities until his retiremtttttttent from the Company on 31 December 2022. Mr. Kevin Hill, Pivotal's current Chief Operating Officer (COO) will be appointed an Executive Director of the Company, effective 1 June 2022. Dr. Joseph Monkowski, Pivotal's current Executive Director, President and Chief Technology Officer (CTO) has advised the Board that he will not seek re-election to the Board when his current term ends at the Company's 2022 Annual General Meeting.

Dr. Monkowski will continue as President and CTO Mr. Cameron Worsham to be appointed Head of Worldwide Operations. Kevin has held the COO role at Pivotal Systems since May 2020, where he has been instrumental in the delivery of Pivotal's revenue growth and material improvements in product gross margins through efficiency gains, lower manufacturing costs and improving and diversifying Pivotal's key suppliers, against a backdrop of global supply constraints as the semiconductor industry growth achieves record levels of revenue and growth. This trajectory is expected to continue through 2022.

Mr. Cameron Worsham is currently the VP Operations - Supply Chain at Pivotal. Prior to his appointment, Mr. Worsham held various management roles at Applied Materials and Lam Research with over two decades of experience within operations, engineering, manufacturing and materials.