Credo Technology

Non-GAAP adjustment for the number of shares used in the diluted per share calculations excludes the impact of share-based compensation expenses expected to be incurred in future periods and not yet recognized in the financial statements, which would otherwise be assumed to be used to repurchase shares under the GAAP treasury stock method.

SEC original ↗Credo Technology — Earnings release (8-K exhibit)EX-99Sep 3, 2025

This approach allows us to focus our engineering and design resources on our core competencies and to control our fixed costs and capital expenditures.

SEC original ↗Credo Technology — 10-Q Quarterly report10-QSep 2, 2026

The Company s growth has been driven by deep, strategic partnerships with hyperscalers and key customers.

SEC original ↗Credo Technology — Earnings release (8-K exhibit)EX-99Sep 3, 2025

All statements other than statements of historical fact could be deemed forward-looking statements, including, but not limited to, any statements regarding launches of new or expansion of existing products or services technology developments and innovation our plans, strategies or objectives with respect to future operations financial outlook future financial results expectations regarding the markets and industries in which Credo conducts business and assumptions underlying any of the foregoing.

SEC original ↗Credo Technology — Earnings release (8-K exhibit)EX-99Sep 3, 2025

You should read these statements carefully because they may relate to future expectations around growth, strategy and anticipated trends in our business, contain projections of future results of operations or financial condition or state other forward-looking information.

SEC original ↗Credo Technology — 10-Q Quarterly report10-QSep 2, 2026

The factors contributing to the recognition of goodwill were based upon the Company s conclusion that there are strategic and synergistic benefits that are expected to be realized from the acquisition.

SEC original ↗Credo Technology — 10-Q Quarterly report10-QSep 2, 2026

As a basis for considering such assumptions, the accounting guidance establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value: Level 1 - Observable inputs that reflect quoted prices for identical assets or liabilities in active markets.

SEC original ↗Credo Technology — 10-Q Quarterly report10-QSep 2, 2026

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that may cause actual events or results to differ materially from those described in this press release.

SEC original ↗Credo Technology — Earnings release (8-K exhibit)EX-99Sep 3, 2025

Readers are encouraged to review risk factors and all other disclosures appearing in Credo s Annual Report on Form 10-K as filed with the Securities and Exchange Commission (SEC) on July 2, 2025, as well as Credo s other filings with the SEC, for further information on risks and uncertainties that could affect Credo s business, financial condition and results of operation.

SEC original ↗Credo Technology — Earnings release (8-K exhibit)EX-99Sep 3, 2025

Legal Proceedings 28 Item 1A.

SEC original ↗Credo Technology — 10-Q Quarterly report10-QSep 2, 2026

These forward-looking statements are subject to certain risks and uncertainties that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements.

SEC original ↗Credo Technology — 10-Q Quarterly report10-QSep 2, 2026

Given these uncertainties, you should not place undue reliance on these forward-looking statements.

SEC original ↗Credo Technology — 10-Q Quarterly report10-QSep 2, 2026

The Company has not incurred material costs to defend lawsuits or settle claims related to these indemnification obligations.

SEC original ↗Credo Technology — 10-Q Quarterly report10-QSep 2, 2026