― Recommend Stockholders Vote “For” the Acquisition and Other Proposals Set Forth in the Definitive Proxy Statement ―

SILICON VALLEY, Calif., March 08, 2021 (GLOBE NEWSWIRE) — ;AMD (NASDAQ:AMD) and Xilinx (NASDAQ:XLNX) announ­ced today they have set a date for the Spe­cial Mee­tings of Stock­hol­ders to vote on the pro­po­sed acqui­si­ti­on of Xilinx by AMD. AMD and Xilinx stock­hol­ders of record as of the clo­se of busi­ness on Feb. 10, 2021 will be entit­led to vote at their respec­ti­ve Spe­cial Mee­tings, both of which will be held vir­tual­ly on Wed­nes­day, Apr. 7, 2021 at 9:30 a.m. Paci­fic Time.

AMD and Xilinx filed a defi­ni­ti­ve joint pro­xy state­ment and pro­s­pec­tus with the U.S. Secu­ri­ties and Exch­an­ge Com­mis­si­on in con­nec­tion with the pro­po­sed tran­sac­tion. The AMD and Xilinx Boards of Direc­tors each unani­mously recom­mends that respec­ti­ve stock­hol­ders vote “FOR” the pro­po­sed acqui­si­ti­on and other pro­po­sals set forth in the defi­ni­ti­ve joint pro­xy state­ment and pro­s­pec­tus, which is being dis­tri­bu­ted to all AMD and Xilinx stock­hol­ders entit­led to vote.

The acqui­si­ti­on will bring tog­e­ther two indus­try lea­ders with com­ple­men­ta­ry pro­duct port­fo­li­os and cus­to­mers, com­bi­ning CPUs, GPUs, FPGAs, Adap­ti­ve SoCs and deep soft­ware exper­ti­se to enable lea­der­ship in com­pu­ting plat­forms for cloud, edge and end devices. Tog­e­ther, the com­bi­ned com­pa­ny will capi­ta­li­ze on oppor­tu­ni­ties span­ning some of the industry’s most important growth seg­ments, inclu­ding data cen­ters, gam­ing, PCs, com­mu­ni­ca­ti­ons, auto­mo­ti­ve, indus­tri­al, aero­space and defense.

AMD stock­hol­ders who need assis­tance com­ple­ting the pro­xy card, need addi­tio­nal copies of the pro­xy mate­ri­als, or have ques­ti­ons regar­ding the AMD Spe­cial Mee­ting may cont­act AMD’s pro­xy solicitors:

MacKen­zie Part­ners, Inc.
(800) 322‑2885 or (212) 929‑5500

Xilinx stock­hol­ders who need assis­tance com­ple­ting the pro­xy card, need addi­tio­nal copies of the pro­xy mate­ri­als, or have ques­ti­ons regar­ding the Xilinx Spe­cial Mee­ting may cont­act Xilinx’s pro­xy solicitors:

Innis­free M&A Incorporated
(877) 717‑3923 or (212) 750‑5833

About AMD
For more than 50 years, AMD has dri­ven inno­va­ti­on in high-per­for­mance com­pu­ting, gra­phics and visua­liza­ti­on tech­no­lo­gies – the buil­ding blocks for gam­ing, immersi­ve plat­forms and the data cen­ter. Hundreds of mil­li­ons of con­su­mers, lea­ding For­tu­ne 500 busi­nesses and cut­ting-edge sci­en­ti­fic rese­arch faci­li­ties around the world rely on AMD tech­no­lo­gy dai­ly to impro­ve how they live, work and play. AMD employees around the world are focu­sed on buil­ding gre­at pro­ducts that push the boun­da­ries of what is pos­si­ble. For more infor­ma­ti­on about how AMD is enab­ling today and inspi­ring tomor­row, visit the AMD (NASDAQ: AMD) web­site, blog, Face­book and Twit­ter pages.

About Xilinx
Xilinx, Inc. deve­lo­ps high­ly fle­xi­ble and adap­ti­ve com­pu­ting plat­forms that enable rapid inno­va­ti­on across a varie­ty of tech­no­lo­gies — from the cloud, to the edge, to the end­point. Xilinx is the inven­tor of the FPGA and Adap­ti­ve SoCs (inclu­ding our Adap­ti­ve Com­pu­te Acce­le­ra­ti­on Plat­form, or ACAP), desi­gned to deli­ver the most dyna­mic com­pu­ting tech­no­lo­gy in the indus­try. We col­la­bo­ra­te with our cus­to­mers to crea­te sca­lable, dif­fe­ren­tia­ted and intel­li­gent solu­ti­ons that enable the adap­ta­ble, intel­li­gent and con­nec­ted world of the future. For more infor­ma­ti­on, visit xilinx.com.

Cau­tio­na­ry Statement
The state­ments in this com­mu­ni­ca­ti­on include for­ward-loo­king state­ments con­cer­ning AMD, Xilinx, the pro­po­sed tran­sac­tion and other mat­ters. For­ward-loo­king state­ments may dis­cuss goals, inten­ti­ons and expec­ta­ti­ons as to future plans, trends, events, results of ope­ra­ti­ons or finan­cial con­di­ti­on, or other­wi­se, based on cur­rent beliefs and invol­ve num­e­rous risks and uncer­tain­ties that could cau­se actu­al results to dif­fer mate­ri­al­ly from expec­ta­ti­ons. For­ward-loo­king state­ments speak only as of the date they are made or as of the dates indi­ca­ted in the state­ments and should not be reli­ed upon as pre­dic­tions of future events, as the­re can be no assu­rance that the events or cir­cum­s­tances reflec­ted in the­se state­ments will be achie­ved or will occur. For­ward-loo­king state­ments can often, but not always, be iden­ti­fied by the use of for­ward-loo­king ter­mi­no­lo­gy inclu­ding “belie­ves,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “pro for­ma,” “esti­ma­tes,” “anti­ci­pa­tes,” “desi­gned,” or the nega­ti­ve of the­se words and phra­ses, other varia­ti­ons of the­se words and phra­ses or com­pa­ra­ble ter­mi­no­lo­gy. The for­ward-loo­king state­ments in this com­mu­ni­ca­ti­on rela­te to, among other things, obtai­ning appli­ca­ble regu­la­to­ry and stock­hol­der appr­ovals of, or satis­fy­ing the other clo­sing con­di­ti­ons to, the pro­po­sed tran­sac­tion, the expec­ted tax tre­at­ment of the tran­sac­tion, the expec­ted timing of the tran­sac­tion, and the inte­gra­ti­on of the busi­nesses and the expec­ted bene­fits, cost savings, accre­ti­on, syn­er­gies and growth to result the­r­e­f­rom. The­se for­ward-loo­king state­ments invol­ve risks and uncer­tain­ties that could cau­se actu­al results to dif­fer mate­ri­al­ly from tho­se con­tem­pla­ted by the state­ments. The­se risks include, among other things: fail­ure to obtain appli­ca­ble regu­la­to­ry or stock­hol­der appr­ovals in a time­ly man­ner or other­wi­se; fail­ure to satis­fy other clo­sing con­di­ti­ons to the tran­sac­tion or to com­ple­te the tran­sac­tion on anti­ci­pa­ted terms and timing; risks that the busi­nesses will not be inte­gra­ted suc­cessful­ly or that the com­bi­ned com­pa­ny will not rea­li­ze expec­ted bene­fits, cost savings, accre­ti­on, syn­er­gies and/or growth, or that such bene­fits may take lon­ger to rea­li­ze than expec­ted; the risk that dis­rup­ti­ons from the tran­sac­tion will harm busi­ness plans and ope­ra­ti­ons; risks rela­ting to unan­ti­ci­pa­ted cos­ts of inte­gra­ti­on; signi­fi­cant tran­sac­tion and/or inte­gra­ti­on cos­ts, or dif­fi­cul­ties in con­nec­tion with the tran­sac­tion and/or unknown or ine­sti­ma­ble lia­bi­li­ties; rest­ric­tions during the pen­den­cy of the tran­sac­tion that may impact the abili­ty to pur­sue cer­tain busi­ness oppor­tu­ni­ties or stra­te­gic tran­sac­tions; liti­ga­ti­on asso­cia­ted with the tran­sac­tion; the poten­ti­al impact of the con­sum­ma­ti­on of the tran­sac­tion on AMD’s, Xilinx’s or the com­bi­ned company’s rela­ti­onships with sup­pli­ers, cus­to­mers, employ­ers and regu­la­tors; and demand for the com­bi­ned company’s pro­ducts. A more ful­so­me dis­cus­sion of the risks rela­ted to the pro­po­sed tran­sac­tion is included in the joint pro­xy statement/prospectus. For a dis­cus­sion of fac­tors that could cau­se actu­al results to dif­fer mate­ri­al­ly from tho­se con­tem­pla­ted by for­ward-loo­king state­ments, see the sec­tion cap­tio­ned “Risk Fac­tors” in (i) AMD’s Annu­al Report on Form 10‑K for the fis­cal year ended Decem­ber 26, 2020 and AMD’s other filings with the SEC and (ii) Xilinx’s Annu­al Report on Form 10‑K for the fis­cal year ended March 28, 2020, Xilinx’s sub­se­quent Quar­ter­ly Reports on Form 10‑Q and Xilinx’s other filings with the SEC. While the lists of fac­tors pre­sen­ted here and in the joint pro­xy statement/prospectus are con­side­red repre­sen­ta­ti­ve, no such list should be con­side­red to be a com­ple­te state­ment of all poten­ti­al risks and uncer­tain­ties. Unlis­ted fac­tors may pre­sent signi­fi­cant addi­tio­nal obs­ta­cles to the rea­liza­ti­on of for­ward-loo­king state­ments. Many of the­se risks and uncer­tain­ties may be exa­cer­ba­ted by the COVID-19 pan­de­mic and any wor­sening of the glo­bal busi­ness and eco­no­mic envi­ron­ment as a result. Neither AMD nor Xilinx assu­mes, and each her­eby dis­claims, any obli­ga­ti­on to update for­ward-loo­king state­ments, except as may be requi­red by law.

Addi­tio­nal Infor­ma­ti­on and Whe­re to Find It

In con­nec­tion with the pro­po­sed tran­sac­tion, AMD has filed with the SEC a regis­tra­ti­on state­ment on Form S‑4 that includes a joint pro­xy state­ment of AMD and Xilinx and that also con­sti­tu­tes a pro­s­pec­tus with respect to shares of AMD’s com­mon stock to be issued in the pro­po­sed tran­sac­tion (the “joint pro­xy statement/prospectus”). Each of AMD and Xilinx may also file other rele­vant docu­ments with the SEC regar­ding the pro­po­sed tran­sac­tion. This com­mu­ni­ca­ti­on is not a sub­sti­tu­te for the joint pro­xy statement/prospectus or any other docu­ment that AMD or Xilinx may file with the SEC. The joint pro­xy statement/prospectus will be dis­tri­bu­ted to stock­hol­ders of AMD and Xilinx. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT ARE OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. Inves­tors and secu­ri­ty hol­ders may obtain free copies of the joint pro­xy statement/prospectus and other docu­ments con­tai­ning important infor­ma­ti­on about AMD, Xilinx and the pro­po­sed tran­sac­tion through the web­site main­tai­ned by the SEC at www.sec.gov. Copies of the docu­ments filed with the SEC by AMD will be available free of char­ge on AMD’s web­site at ir.AMD.com or by cont­ac­ting AMD’s Cor­po­ra­te Secre­ta­ry by email at Corporate.Secretary@AMD.com. Copies of the docu­ments filed with the SEC by Xilinx will be available free of char­ge on Xilinx’s web­site at investor.Xilinx.com or by cont­ac­ting Xilinx’s Inves­tor Rela­ti­ons depart­ment by email at ir@xilinx.com.

No Offer or Solicitation

This com­mu­ni­ca­ti­on is not inten­ded to and shall not con­sti­tu­te an offer to buy or sell or the soli­ci­ta­ti­on of an offer to buy or sell any secu­ri­ties, or a soli­ci­ta­ti­on of any vote or appr­oval, nor shall the­re be any sale of secu­ri­ties in any juris­dic­tion in which such offer, soli­ci­ta­ti­on or sale would be unlawful pri­or to regis­tra­ti­on or qua­li­fi­ca­ti­on under the secu­ri­ties laws of any such juris­dic­tion. No offer of secu­ri­ties shall be made except by means of a pro­s­pec­tus mee­ting the requi­re­ments of Sec­tion 10 of the Secu­ri­ties Act of 1933, as amended.

Par­ti­ci­pan­ts in the Solicitation

AMD, Xilinx and cer­tain of their respec­ti­ve direc­tors and exe­cu­ti­ve offi­cers may be dee­med to be par­ti­ci­pan­ts in the soli­ci­ta­ti­on of pro­xies in respect of the pro­po­sed tran­sac­tion. Infor­ma­ti­on about the direc­tors and exe­cu­ti­ve offi­cers of AMD and Xilinx, inclu­ding a descrip­ti­on of their direct or indi­rect inte­rests, by secu­ri­ty hol­dings or other­wi­se, is set forth in the joint pro­xy statement/prospectus and other rele­vant mate­ri­als to be filed with the SEC regar­ding the pro­po­sed tran­sac­tion. You may obtain free copies of the­se docu­ments using the sources indi­ca­ted above.

AMD Inves­tor Contact:
Lau­ra Graves
408–749-5467
laura.graves@amd.com

AMD Media Contact:
Drew Prai­rie
512–602-4425
drew.prairie@amd.com

Xilinx Inves­tor Contact:
Suresh Bhas­ka­ran
408–879-4784
ir@xilinx.com

Xilinx Media Contact:
Tara Sims
415–713-6986
taras@xilinx.com