Intel Appoints Dr. Craig H. Barratt to Board of Directors

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Craig H. Barratt, a seasoned semiconductor executive with over three decades of leadership experience, to its board of directors. Dr. Barratt, who holds extensive experience from companies like Atheros Communications, Alphabet Inc., and Barefoot Networks, was selected for his ability to innovate and scale businesses. He will serve as an independent director and receive standard compensation for non-employee directors, including an annual cash retainer and restricted stock units. The appointment was announced in a press release, which is furnished as Exhibit 99.1 to this report.

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About Intel Corporation

Intel Corporation is a multinational corporation and technology company known for its semiconductor products. As a leader in the global semiconductor industry, Intel primarily focuses on designing and manufacturing products like microprocessors, integrated graphics, and other computing components. These semiconductors are vital for the functioning of computers, laptops, and various consumer electronic devices. Intel's products play a crucial role in fields such as data centers, computing solutions, Internet of Things (IoT), and more. The company’s innovations in semiconductor design have significant implications for technology advancement, impacting industries ranging from personal computing to automotive technology. Founded in 1968 and headquartered in Santa Clara, California, Intel Corporation has been a pivotal player in pioneering advances in technology infrastructure worldwide, continuously pushing the boundaries of processing power and efficiency to support consumer electronics and enterprise technology needs.