Valens Semiconductor Unveils Comprehensive ESG Report for 2023

Valens Semiconductor Announces 2023 ESG Report Release

Valens Semiconductor (NYSE: VLN), a frontrunner in high-performance connectivity, recently shared its third annual Environmental, Social, and Governance (ESG) Report. This 2023 report showcases the company's progress and its ongoing commitment to sustainability.

Company Mission and Innovative Solutions

Valens Semiconductor aims to design cutting-edge products that provide robust, ultra-high-performance connectivity across cost-effective infrastructures, catering to various markets including healthcare, automotive, industrial, and professional audio-video. In automotive applications, Valens' technologies play a crucial role in enhancing connected vehicle systems, which improve safety, performance, and the overall driving experience for consumers. Additionally, Valens' professional audio-video solutions support equity in meeting environments, allowing organizations to function seamlessly regardless of their operational contexts.

Commitment to ESG Principles

Gideon Ben Zvi, CEO of Valens Semiconductor, expressed pride in presenting the latest ESG Report, which updates stakeholders on key initiatives and the advancements made throughout the year. He noted, "We are committed to transparency and open dialogue regarding our ongoing initiatives and developments. Our products focus not only on fostering growth but also on prioritizing social and environmental responsibilities for the benefit of all stakeholders involved."

Engaging Stakeholders and Future Plans

Moshe Lichtman, Chairman of the Nominating, Governance, and Sustainability Committee, emphasized the company's dedication to responsible governance while scaling its operations. He remarked, "Engagement with shareholders, customers, and business partners is vital as we communicate our progress and aspirations in pushing the limits of connectivity, ultimately striving for a positive impact on our employees, consumers, suppliers, and local communities."

About Valens Semiconductor

Valens Semiconductor (NYSE: VLN) is recognized as a leader in delivering high-performance connectivity solutions that transform digital experiences globally. The company's chipsets are integrated into a plethora of devices from leading brands, energizing state-of-the-art audio-video setups, advanced videoconferencing systems, and aiding the evolution of Advanced Driver-Assistance Systems (ADAS) and autonomous driving technology. As an innovator, Valens continues to set industry standards with technologies like HDBaseT® and MIPI A-PHY.

Investor Relations Contact Information

For inquiries, investors can contact Michal Ben Ari, Investor Relations Manager at Valens Semiconductor Ltd., or Lisa Fortuna, Senior Vice President at Financial Profiles, Inc.

Frequently Asked Questions

What is the purpose of Valens Semiconductor's ESG Report?

The ESG Report outlines the company's commitment to environmental, social, and governance issues while updating stakeholders on its sustainability progress.

How does Valens contribute to the automotive sector?

Valens provides robust solutions that enhance connected vehicle systems, focusing on improving safety and the driving experience.

Who are the key figures in Valens Semiconductor's leadership?

Key figures include Gideon Ben Zvi, the CEO, and Moshe Lichtman, the Chairman of the Nominating, Governance, and Sustainability Committee.

What technologies does Valens Semiconductor emphasize?

Valens emphasizes high-performance connectivity solutions and contributes to the development of industry standards like HDBaseT® and MIPI A-PHY.

How can investors contact Valens Semiconductor?

Investors can reach out to Michal Ben Ari or Lisa Fortuna for inquiries regarding the company's financial and operational matters.

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