Wolfspeed Strengthens Global Sales Leadership with Addition of Semiconductor Leader, Stefan Steyerl, as VP of Sales, EMEA

DURHAM, N.C. – February 17, 2026 – Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology and manufacturing, today announced the appointment of Stefan Steyerl as vice president of sales, EMEA. Effective March 1, 2026, Steyerl will develop and execute Wolfspeed’s regional sales strategy, driving adoption of silicon carbide solutions across automotive, industrial, and energy markets as Wolfspeed accelerates the adoption of silicon carbide technology to expand its market footprint and deliver revenue growth across the region.

Steyerl brings more than 25 years of experience in the semiconductor industry, with a proven track record of building high-performance teams and achieving revenue growth across global markets. Most recently, he served as vice president of sales for EMEA at Allegro MicroSystems, where he developed and executed regional go-to-market strategies and strengthened executive-level customer relationships. Prior to that, Steyerl held senior leadership roles at Analog Devices, overseeing sales and marketing for automotive and industrial sectors with revenue responsibility exceeding $750 million globally.

“Stefan’s deep industry expertise and leadership experience will be instrumental as Wolfspeed accelerates the global transition to silicon carbide,” said Matthias Buchner, SVP Global Sales & Chief Marketing Officer at Wolfspeed. “His appointment reinforces our commitment to supporting customers in EMEA with innovative solutions that drive efficiency and sustainability.”

Steyerl joins the organization as it sharpens its focus on product innovation and device production, key pillars in the company’s efforts to drive the industry transition to silicon carbide solutions. His appointment supports Wolfspeed's go-to-market objectives of broadening its customer base across high-growth, diversified end-markets, including AI data centers, renewable energy, industrial power systems, and EVs.

“Wolfspeed is the global leader in silicon carbide technology, and I’m excited to join a team that’s setting the pace for innovation across the industry,” said Stefan Steyerl, vice president of sales, EMEA. “We’re uniquely positioned to help customers across EMEA unlock the full potential of electrification by delivering high-performance, energy-efficient solutions that support their growth objectives.”

Steyerl holds a degree in electrical engineering from the Technical University of Munich.

About Wolfspeed, Inc.

Wolfspeed (NYSE: WOLF) leads the market in the worldwide adoption of silicon carbide technologies that power the world’s most disruptive innovations. As the pioneers of silicon carbide, and creators of the most advanced semiconductor technology on earth, we are committed to powering a better world for everyone. Through silicon carbide material, Power Modules, Discrete Power Devices, and Power Die Products targeted for various applications, we will bring you The Power to Make It Real.™ Learn more at www.wolfspeed.com.

Wolfspeed® is a registered trademark and The Power to Make it Real™ is a trademark of Wolfspeed, Inc.

Forward-Looking Statements

This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause Wolfspeed’s actual results to differ materially from those indicated in the forward-looking statements. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about Wolfspeed’s strategic plans, priorities, growth opportunities, and ability to achieve profitability. Actual results could differ materially due to factors detailed in Wolfspeed’s filings with the U.S. Securities and Exchange Commission (“SEC”), including its most recent Annual Report on Form 10-K and subsequent SEC filings. These forward-looking statements represent Wolfspeed’s judgment as of the date of this release. Except as required under U.S. federal securities laws, Wolfspeed disclaims any intent or obligation to update any forward-looking statements after the date of this release.