Marvell Technology, Inc. Completes $1 Billion Senior Notes Offering

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completed a public offering of $1 billion aggregate principal amount of its 5.300% Senior Notes due 2036. The net proceeds from the sale of the Notes were approximately $993.5 million and will be used for the repayment of debt and general corporate purposes. The Notes will accrue interest at a rate of 5.300% per year and will mature on April 15, 2036. The offering was made pursuant to an underwriting agreement dated April 6, 2026, among the Company and several underwriters.

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About Marvell Technology, Inc.

Marvell Technology, Inc. is a semiconductor company that develops and supplies a broad array of comprehensive solutions for data infrastructure. The primary purpose of Marvell Technology is to provide innovative silicon and software infrastructure solutions bridging the data center, enterprise networking, carrier infrastructure, and consumer markets. The company is renowned for its expertise in data processing and storage, offering high speed connectivity products and custom ASIC solutions. Marvell's product portfolio significantly impacts sectors such as cloud services, automotive, and industrial applications, contributing to advancements in storage, networking, and connectivity. Established in 1995, Marvell has been pivotal in enhancing the speed and efficiency of data transfer, which is crucial in handling large amounts of data generated across various applications. The company's ability to innovate continually within its field of semiconductor solutions positions it as a key player in driving growth and evolution within the technology industry. By collaborating with leading technology firms and continuously integrating advanced technologies, Marvell plays a critical role in supporting global connectivity and data management.