#Sweden #Kista #Financial Reporting #PCAOB #Sivers Semiconductor

Sivers Semiconductors Updates Financial Reporting Calendar

Sivers Semiconductors AB (STO: SIVE), a leading provider of semiconductor technology, recently announced significant updates to its financial reporting calendar. This strategic decision, made by the company’s management, is aimed at reinforcing their commitment to accuracy, transparency, and compliance with evolving standards amid their growth trajectory.

In a move that aligns with their objectives of dual-listing and addressing future audit requirements set forth by the U.S. Public Company Accounting Oversight Board (PCAOB), Sivers has released the timeline for their interim financial reports. The key reporting dates for the upcoming quarters are as follows:

• - Q2 2026 Interim Report: August 27, 2026
• - Q3 2026 Interim Report: November 26, 2026
• - Q4 2026 Interim Report: February 25, 2027

This revised schedule reflects the company’s ongoing efforts to mature its internal controls and reporting processes. According to Vickram Vathulya, President and CEO of Sivers Semiconductors, taking additional time to finalize the reporting process is essential to ensure compliance with the U.S. PCAOB audit standards. He emphasized, "As we continue to scale our business, pursue the dual-listing objective, and execute on our long-term strategy, it is important that our financial reporting processes evolve accordingly."

The company's initiative to enhance financial reporting capabilities is a vital part of its strategy to build trust and confidence among shareholders and the broader investment community. By ensuring that its processes align with high standards, Sivers aims to address performance challenges while promoting a greener footprint through its advanced technologies.

In addition to these updates, Sivers Semiconductors has positioned itself as a critical enabler in the green data economy through its innovative solutions in photonics and wireless communications. Their high-precision laser and RF beamformer technologies serve essential markets, including AI data centers, SATCOM, defense, and telecommunications, ensuring they meet customer demands efficiently.

For stakeholders eager to stay informed, Sivers Semiconductors encourages open communication and invites inquiries via their Investor Relations channels. Interested parties can reach out to Heine Thorsgaard, CFO, for additional details or clarifications regarding the financial reporting agenda.

To learn more about Sivers Semiconductors and their groundbreaking offerings, visit their official website at www.sivers-semiconductors.com (SIVE.ST).

In conclusion, Sivers Semiconductors’ updated financial reporting calendar reflects a strategic commitment to financial excellence and compliance as they embark on a crucial phase of growth. The company's future looks promising as they continue to innovate in key sectors, paving the way for a sustainable and technologically advanced future.