Xperi : ESG Report (2023_ESG_Report)

2023 ESG Report

Table of Contents

03 Company

04 Letter from Jon Kirchner, CEO

05 About Xperi

06 Our ESG Strategy

07 Xperi's ESG Vision and Approach

1. Our Stakeholders and ESG Pillars

1. ESG Governance

11 Our ESG Pillars

1. Culture and Belonging
2. Belonging @ Xperi

24 Resilience

1. Corporate Governance

1. Community Impact

42 Report Appendix

1. About this Report
2. Workplace Demographics

50 Safe Harbor

© 2024 Xperi. All rights reserved.

Company

3

CEO Letter from Jon Kirchner

2023 was an exciting year for Xperi. This was our first year operating as a standalone company, allowing us to capitalize on some significant opportunities. We demonstrated our commitment to delivering extraordinary experiences at home and on the go, while accelerating our independent media platform in smart TV, connected car, and video over broadband.

We also made important progress on our environmental, social, and governance (ESG) initiatives, furthering our impact on our people and communities, our business, and the planet. This report highlights the progress we've made towards the development of our ESG program.

In 2023, we continued working toward achieving our twelve external ESG targets. We completed our 2022 and 2023 greenhouse gas inventories and established a strategy to reduce our emissions.

We worked to further our diversity, equity, and inclusion efforts by launching manager and leadership training programs, and by expanding our hiring initiatives to develop and support a diverse workforce. We also launched a program to encourage courageous conversations across all levels of our organization, helping to create an open and inclusive work environment.

We released our Modern Slavery Statement and Human Rights Policy in support of our commitment to the highest level of ethical behavior in our operations and supply chain. We also implemented robust data privacy and cybersecurity management procedures, establishing processes to guide our future compliance efforts.

We launched our community impact program, Xperi Cares, and encouraged our employees to spend time in the community giving back. I am pleased to share that nearly half of Xperi employees donated their time or money throughout 2023.

While there's still plenty of work to be done, I'm proud of all the team members who have helped us get to this point. We look forward to building on this foundation by seeking out new opportunities to advance our ESG program, while creating extraordinary experiences for our people, customers, and communities around

the world.

Sincerely,

Jon E. Kirchner

Chief Executive Officer

4	© 2024 Xperi. All rights reserved.

About Xperi

For more than 30 years, Xperi brands have delivered game-changing innovations. Our technologies, delivered by our brands (DTS®, HD Radio™,

and TiVo®), by our startup Perceive, and by IMAX Enhanced®, an IMAX and DTS partnership, are integrated into billions of consumer devices and media platforms around the world. We work with partners across the digital value chain to align ecosystems and support connected homes, connected cars, and our connected lives.

Our Mission:

Our Vision:

Our products create extraordinary experiences at home and on the go for millions of consumers, elevating content and how audiences connect with it in a way that is intelligent, immersive, and personal.

Our entertainment technology brands have global scale that extend to 30 million streaming households, 90 million cars, and billions of consumer devices.

5	© 2024 Xperi. All rights reserved.

Our ESG Strategy

6

Xperi's ESG Vision and Approach

We started our ESG journey in 2021 with the completion of our inaugural materiality assessment. Since then, we have continued to lay a strong foundation for our ESG program. In 2023, we continued working toward achieving our twelve external ESG targets. We completed our 2022 and 2023 greenhouse gas inventories, and established a strategy to reduce our emissions. We also continued to establish our internal governance structure, while identifying subject matter experts who will guide and support Xperi's ESG program as it continues to evolve. Our employees created two new Employee Resource Groups: Asian and Pacific Islanders @ Xperi and Early Professionals @ Xperi, further solidifying our DEI program.

7	© 2024 Xperi. All rights reserved.

Our Stakeholders and ESG Pillars

Our Stakeholders:

Our

Customers

Our Key	Our	Our
Suppliers	Employees	Investors

Our Business

Partners

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Our Stakeholders and ESG Pillars

Our ESG Pillars:

Culture and Belonging	Resilience	Corporate Governance	Community Impact
Our employees are our greatest	Resilience is more than a business	Our guidelines for conducting	Being a good corporate citizen
asset, and we are dedicated to	continuity plan or an insurance	business are consistent with the	means lifting people up, not only
supporting a culture where they can	policy-it helps us understand and	highest standards of ethics, and we	within our organization, but in the
succeed. That's why we work to	mitigate environmental threats to	strive to make open and honest	communities where we live and
attract, develop, and retain a	our business. By making critical	communication the expectation,	work. Our Community Impact pillar
diverse workforce, build inclusivity	investments in the resiliency of our	not the exception. Our Corporate	enables our employees to make
into all aspects of our culture, and	company, we are doing our best to	Governance pillar helps us	positive impacts on the world, from
identify and address structural	futureproof Xperi in the face of a	understand and mitigate risks to our	the local level to the global level.
barriers across our operations.	shifting climate.	business and their ripple effects.

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ESG Governance

Our executive team supports and encourages diversity and inclusion across our workforce, prioritizes resilience in the face of a changing climate, works to offset risks related to our corporate governance practices, and promotes social progress and advancement within our communities. To ensure these initiatives are widely adopted across our organization, the Xperi executive team has formalized an ESG governance structure. This structure allows us to build strategic plans for each ESG focus area, while integrating ESG across our policies and practices.

The ESG Steering Committee includes our Chief Human Resources Officer, Chief Financial Officer, Chief Revenue Officer, and Chief Legal Officer. Our ESG team is responsible for the facilitation of Xperi's ESG program globally. Our Board of Directors receives quarterly updates from the ESG Steering Committee and has overall responsibility for ESG at Xperi.

ESG Governance Structure

BOARD OF DIRECTORS

ESG STEERING COMMITTEE

ESG TEAM

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