Alphawave Semi Q2 2024 Trading and Business Update

• Third consecutive quarter of bookings above $100m at US$107m, up 27% year-over-year
• Record design win quarter with 14 new design wins
• Multiple new chiplet design wins reflect industry adoption of chiplet architectures
• Restructured debt facility strengthens balance sheet and provides flexibility

LONDON, United Kingdom and TORONTO, Ontario, Canada 24 July 2024 – Alphawave IP Group plc (LN: AWE, the “Company” or “Alphawave Semi”), a global leader in ultra-high-speed data connectivity for AI, compute and network architectures, is pleased to publish its trading and business update for the three months ended 30 June 2024.

For detailed updates and more reports, visit “Alphawave Semi Financial Results”