<p>➀ NXP CEO Kurt Sievers will resign on October 28, succeeded by current President Rafael Sotomayor, who has 20 years of experience at NXP and previously held executive roles at Broadcom, Intel, and Motorola;</p><p>➁ Sievers, CEO since 2020, led strategic initiatives in automotive and IoT, including the acquisition of Marvell’s Wi-Fi business in 2019;</p><p>➂ NXP reported a 9% Q1 revenue decline to $2.84 billion, citing market uncertainty and tariff challenges while maintaining "cautious optimism."</p>