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NASDAQ notification

On April 24, 2026, Maxeon Solar Technologies Ltd. (Under Interim Judicial Management) (NASDAQ: MAXN) (the “Company”) received a written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) that, because the Company had (a) filed a voluntary application with the High Court of the Republic Singapore (the “Court”) to place the Company under judicial management pursuant to section 91 of the Insolvency, Restructuring and Dissolution Act 2018 of Singapore (the “IRDA”) (the “JM Application”), and (b) the Court had ordered on April 9, 2026 that the Company be placed under interim judicial management pursuant to section 92 of the IRDA pending the determination of the JM Application, and in accordance with Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq’s Listing Qualifications department (the “Staff”) has determined that the Company’s securities will be delisted from Nasdaq. The Notice states that unless the Company requests an appeal of this determination, trading of the Company’s securities will be suspended at the opening of business on May 1, 2026.

The Company has requested a hearing before the Nasdaq Hearings Panel to appeal the determination by the staff of Nasdaq’s Listing Qualifications department (the “Staff”) that the Company’s securities will be delisted from The Nasdaq Stock Market LLC (“Nasdaq”). For more information on the written notice received from the Staff with respect to this determination, refer to the Form 6-K submitted by the Company to the Securities and Exchange Commission (the “SEC”) on April 27, 2026.

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