McAulay Brings a Decade of Public-Company Semiconductor CFO Experience to Support Efinix's Global Expansion

Efinix, Inc., the FPGA pioneer accelerating edge AI innovation, today announced the appointment of Cameron McAulay as Chief Financial Officer and Senior Vice President Finance. McAulay brings more than 20 years of financial leadership experience in the semiconductor and technology industries, including over a decade of service as CFO at publicly traded companies, making him uniquely qualified to help guide Efinix through its next stage of growth and value creation.

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Cameron McAulay, SVP of Finance and CFO, Efinix Inc.

"Cameron is exactly the caliber of financial leader that Efinix needs as we scale our business and position the company for long-term success," said Sammy Cheung, Efinix Co-Founder and CEO. "His deep semiconductor industry expertise and experience building world-class finance organizations makes him an outstanding addition to our executive team."

McAulay joins Efinix from Intevac Corporation (NASDAQ:IVAC), a semiconductor equipment and technology company, where he served as EVP and CFO. In that role, he partnered closely with the CEO to run day-to-day operations, oversaw all SEC reporting and internal controls, modernized FP&A systems, and served as the company's primary liaison with institutional shareholders, investment banks, and the analyst community. He was also a key strategic partner in executing a $120 million transaction with Seagate Technology.

Prior to Intevac, McAulay served for nearly a decade as CFO of Transphorm Corporation (NASDAQ:TGAN), a pioneer in GaN power semiconductor technology. During his tenure, he raised over $160 million from strategic partners and institutional investors, led the company's successful uplisting to NASDAQ—which drove a 10x increase in trading volume—and oversaw ten consecutive quarters of revenue growth. He also built Transphorm's finance organization from the ground up, implementing enterprise-wide systems and a comprehensive controls framework to support the company's transition from a private to public-market enterprise. He was a key figure in executing the company's $339 million strategic exit to Renesas Electronics.

Earlier in his career, McAulay held senior finance and audit leadership roles at KLA-Tencor Corporation, Atmel Corporation, and National Semiconductor Corporation. He is a Chartered Accountant (CA) and holds a BSc in Mathematics, Statistics, and Accountancy from the University of Strathclyde in Glasgow, Scotland.

"Efinix has built something exceptional—a differentiated FPGA technology with real momentum in the market," said McAulay. "During my career a key focus was helping technology companies build the financial infrastructure and operational discipline needed to reach their full potential. I look forward to partnering with Sammy and the Efinix team through the company's next stage of growth."

About Efinix

Efinix® accelerates edge AI innovation through its disruptive FPGA architecture and solutions. The company delivers energy-efficient, high-performance FPGAs for AI-driven markets including industrial automation, machine vision, automotive systems, physical AI, and edge computing. Efinix provides a complete development ecosystem including the Efinity® Integrated Development Environment for FPGA design from RTL to bitstream, and Sapphire SoC solutions for embedded processor and AI acceleration from C/C++ and AI model garden to execution. For more information, visit www.efinixinc.com.

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Media Contact:

Robert Beachler

Efinix Inc.

+1 650 793 8219

bobb@efinixinc.com

Efinix Appoints Cameron McAulay as Chief Financial Officer