ALLEGRO MICROSYSTEMS, INC.

Allegro MicroSystems, Inc. announced its 2026 Annual Meeting of Shareholders will be held virtually on August 5, 2026, at 8:30 a.m. Eastern Time. Shareholders of record as of June 10, 2026, are invited to vote on the election of three Class III Directors, the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm, and the advisory approval of executive compensation. The Board will reduce its size to nine members following the meeting, as two current Class III Directors are not seeking re-election.

Allegro MicroSystems, Inc. announced the appointment of Brian C. White to its Board of Directors as an independent director, effective June 17, 2026. Mr. White brings over 30 years of leadership experience in the semiconductor and high-technology industries, including extensive expertise in financial strategy and public-company governance. His background as a CFO for several publicly traded semiconductor companies is expected to provide valuable perspective for Allegro's innovation roadmap and strategy to create shareholder value.

Allegro MicroSystems, Inc. filed its 10-K, detailing its mission to lead in semiconductor technology with sensing and power solutions for electrification, automation, AI, and robotics. The company is a global leader in magnetic sensor ICs and application-specific power ICs, serving automotive and industrial markets with over 1,500 products and shipping 2.1 billion units annually. The report outlines its strategy to invest in R&D, leverage automotive heritage for reliability, and expand into adjacent high-growth markets, while also disclosing a comprehensive list of risk factors.

Allegro MicroSystems, Inc. announced the appointment of Robert J. Willett as an independent director to its Board, effective May 13, 2026. Mr. Willett will also serve on the Audit and Compensation Committees, and the Board's size was expanded to ten members. This appointment follows the decisions by Susan D. Lynch and Richard R. Lury not to stand for re-election at the 2026 Annual Meeting, with their service terminating prior to the meeting. The company stated their departures were not due to any disagreements.

Allegro MicroSystems, Inc. announced its participation in TD Cowen's 54th Annual Technology, Media & Telecom Conference. Derek D'Antilio, EVP and CFO, is scheduled to host a fireside chat on May 27, 2026, at 1:15 PM ET. A webcast of the event will be available on the company's investor relations page.

Allegro MicroSystems reported strong financial results for the fourth quarter and full fiscal year ended March 27, 2026. The company achieved its fifth consecutive quarter of sales growth, driven by strength in Focus Auto sales (xEV and ADAS) and Data Center. Allegro also provided a positive outlook for the first quarter of fiscal year 2027, anticipating continued growth.

Allegro MicroSystems reported strong financial results for its fourth quarter and full fiscal year ended March 27, 2026. Fourth-quarter sales increased 26% year-over-year to $243 million, with non-GAAP EPS nearly tripling to $0.17. For the full fiscal year, sales grew 23% to $890 million, and non-GAAP EPS more than doubled to $0.54, driven by strength in Focus Auto and Data Center segments. The company provided a positive outlook for the first quarter of fiscal year 2027, projecting net sales between $245 million and $255 million.

Allegro MicroSystems, Inc. announced its plan to release financial results for its fourth quarter and fiscal year 2026 prior to market open on Thursday, May 7, 2026. Following the press release, President and CEO Mike Doogue and EVP and CFO Derek D’Antilio will host a conference call at 8:30 a.m. Eastern Time. The call will cover the company’s results and business outlook, with registration details provided for dial-in participants and a live webcast available.