Alphawave Semi Earns Great Place to Work® Certification™ for 2023-24

Company Certified and re-Certified in six countries after year of expansion and growth

TORONTO – October 2, 2023 – Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, today announced its status as a Certified™ great workplace in Canada, India, Israel, Taiwan, the United Kingdom, and the United States. This is the second consecutive year the company has been Certified in Canada and the United States, adding four additional countries in 2023.

The certification comes on the heels of a year of rapid growth for Alphawave Semi, during which the company more than quadrupled its headcount, increased its revenue by more than 100% year-over-year, and continued to deliver industry-leading technology to its global customers.

To be a Certified™ great workplace, employees must submit valid feedback to Great Place To Work – the global authority on workplace culture. Qualifying workplaces demonstrate at least 65% of employees agreeing in the Trust Index™ survey that theirs is a genuinely ‘great place to work’.

When surveyed and results analyzed by Great Place to Work™’s rigorous data-driven For All™ methodology, 80% of employees said that Alphawave Semi is a ‘great place to work’, with 87% reporting that they are proud to work at Alphawave Semi and 95% reporting that they are treated fairly regardless of gender, sex, or race.

“We are proud to be named a Certified™ great workplace in Canada, India, Israel, Taiwan, the UK, and the US,” said Maia Jones, VP of Human Resources at Alphawave Semi. “Fostering an engineering-first culture that fosters diversity and continued professional development has always been our number one priority amidst rapid growth and global expansion. Having our own employees certify us as a ’great’ workplace shows that our commitment is paying off.”

“We congratulate Alphawave Semi on achieving their Certification,” said Benedict Gautrey, Managing Director of Great Place to Work® UK. “Organisations which put the employee experience at the heart of their business gain their employees’ trust, and, in turn, are truly able to build a great workplace culture that delivers outstanding business results.”

About Alphawave Semi

Alphawave Semi is a global leader in high-speed connectivity for the world’s technology infrastructure. Faced with the exponential growth of data, Alphawave Semi’s technology services a critical need: enabling data to travel faster, more reliably and with higher performance at lower power. We are a vertically integrated semiconductor company, and our IP, custom silicon, and connectivity products are deployed by global tier-one customers in data centers, compute, networking, AI, 5G, autonomous vehicles, and storage. Founded in 2017 by an expert technical team with a proven track record in licensing semiconductor IP, our mission is to accelerate the critical data infrastructure at the heart of our digital world. To find out more about Alphawave Semi, visit: awavesemi.com.

About Great Place to Work®

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed over 100 million employees around the world, using those deep insights to define what element makes a great workplace: Trust. Great Place to Work® UK helps organisations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Everything they do is driven by the mission to build a better world by helping every organisation become a truly ‘great place to work’. To learn more, please visit www.greatplacetowork.co.uk.