Director since September 2019 with strong semiconductor industry experience; FormFactor's 3-year stock return of +241.7% outperforms the disclosed peer group median of +65.1% by +176.6 percentage points, well above the 65pp threshold required to trigger an AGAINST vote, and no other policy flags apply.

Director since December 2019 with relevant technology and finance expertise; FormFactor's exceptional stock performance versus peers clears all TSR thresholds by a wide margin, and no other policy concerns are present.

CEO and director since October 2013 with deep semiconductor industry knowledge; as an executive director he is subject to the same TSR test as other directors, but FormFactor's +241.7% three-year stock return outperforms peer median by +176.6pp — far exceeding the 65pp trigger threshold — so no TSR concern applies, and his single outside board seat at Benchmark Electronics does not constitute overboarding.

Board Chairperson since 2016 with extensive semiconductor leadership experience; the strong TSR outperformance versus peers eliminates any performance-based concern, and his two outside board seats (Axcelis and Veeco) do not exceed the overboarding threshold.

Director since August 2015 with deep human capital management and technology executive experience; FormFactor's peer-beating stock performance raises no TSR concerns, and no other policy flags are triggered.

Director since June 2021 with over 30 years of semiconductor industry experience; his two current outside public board seats (Ichor and Axcelis) do not exceed the overboarding limit, and FormFactor's outstanding TSR versus peers eliminates any performance concern.

Director since September 2022 with deep financial and semiconductor expertise and CPA credentials satisfying audit committee financial expert requirements; the company's exceptional three-year TSR performance versus peers clears all policy thresholds by a wide margin.