Netgear, Inc. (NTGR) Appoints Laura Orvidas to its Board

July 18, 2024 4:10 PM EDT

On July 16, 2024, the Board of Directors (the "Board") of Netgear, Inc. (NASDAQ: NTGR) elected Laura Orvidas to serve as a member of the Board, effective immediately. The Board also appointed Ms. Orvidas to the Compensation and Talent Committee of the Board and the Cybersecurity Committee of the Board, both effective immediately. There are no arrangements or understandings between Ms. Orvidas and any other person pursuant to which Ms. Orvidas was selected as a director. There are no transactions involving Ms. Orvidas that would be required to be reported under Item 404(a) of Regulation S-K.

Upon joining the Board, Ms. Orvidas received a grant of eleven thousand one hundred and fifty (11,150) restricted stock units, which will vest on the date of NETGEAR’s 2025 Annual Meeting of Stockholders, subject to Ms. Orvidas continuing to serve as a member of the Board until such date. NETGEAR and Ms. Orvidas also entered into NETGEAR’s standard Indemnification Agreement for directors.



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