On January 24, 2021, Anne Whitaker, a member of the Board, notified Cree, Inc. (the Company") of her decision to resign from the Board, effective January 25, 2021. Effective as of January 25, 2021, the Board elected Marvin Riley, age 46, as a member of the Board and appointed Mr. Riley as a member of the Board's Compensation Committee and Governance and Nominations Committee, with such appointments effective as of January 25, 2021. Mr. Riley will serve on the Board until the Company's 2021 annual meeting of shareholders, at which point he will stand for election to the Board. Mr. Riley also serves on the board of directors of EnPro Industries, Inc.