On 8 February 2021, the boards of Dialog Semiconductor Plc and Renesas announced that they had reached agreement on the terms of a recommended cash acquisition by Renesas of the entire issued and to be issued share capital of Dialog (the "Acquisition"). The Acquisition was to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme"), which was contained in a document published on 8 March 2021 (the "Scheme Document"). As the Scheme has now become Effective, Dialog duly announces that Rich Beyer, Dr. Jalal Bagherli, Alan Campbell, Mike Cannon, Mary Chan, Joanne Curin, Nick Jeffery and Eamonn O'Hare have resigned as directors of Dialog. In addition, Julie Pope, Dirk Hecheltjen, Bettina Scholz and Alexandra Bakula (being employees of the Renesas and/or Dialog groups) have been appointed as directors of Dialog, which shall be operated as a wholly-owned subsidiary of Renesas. Dialog also confirms that Dr. Jalal Bagherli's employment relationship terminated immediately prior to the Court Sanction Hearing on 27 August 2021.