CEVA (CEVA) Proxy Filing summary

Executive summary

• Supplement corrects errors in the proxy statement for the May 5, 2025 annual meeting, specifically regarding the 2011 Equity Incentive Plan amendment and restatement.

• The amendment increases shares reserved under the 2011 Plan by 1,700,000 to a total of 6,050,000 shares, plus shares from prior plans.

• A corrected version of the amended and restated 2011 Stock Incentive Plan is provided as Appendix B.

Voting matters and shareholder proposals

• Shareholders are asked to approve the amendment and restatement of the 2011 Equity Incentive Plan, increasing the share reserve.

Board of directors and corporate governance

• The board has approved the proposed amendment to the 2011 Plan, subject to shareholder approval at the annual meeting.