Anderson has deep semiconductor industry expertise and relevant executive experience; no overboarding, attendance, independence, or familial relationship issues; VICR's 3-year price return of 512% is strongly positive and while the proxy discloses the S&P SmallCap 600 (^SML) as the peer benchmark where VICR showed $119 vs. peer group $142 over five years, the absolute 3-year return is far above +20% requiring an 80pp ETF-fallback gap to trigger, and named-peer underperformance does not approach 65pp against a strong positive absolute return; no TSR trigger fires.

Carlson has extensive public-company executive and semiconductor industry experience, chairs the Audit Committee with disclosed financial expertise, no overboarding or attendance concerns, and the TSR trigger does not fire given VICR's strongly positive 3-year return of 512% and the high 65pp named-peer threshold required at that return level.

Davies is an executive director (Corporate VP, Global Sales and Marketing) with deep industry expertise; no familial relationships, attendance issues, or overboarding; the TSR trigger does not fire given VICR's 512% 3-year absolute return requiring 65pp named-peer underperformance to trigger, which is not met.

D'Amico has directly relevant intellectual property and patent law expertise serving Vicor's licensing-intensive business; no overboarding or attendance issues; the TSR trigger does not fire given VICR's strongly positive 3-year return; his related-party compensation arrangement is disclosed and approved by the Audit Committee.

Eichten is an early investor and 45-year board member with deep knowledge of the company and power conversion technology; no overboarding or attendance issues; the TSR trigger does not fire at VICR's 512% 3-year absolute return level.

Lavie joined the board in 2022, within the 24-month new-director exemption window at the time of the most recent underperformance period, and brings substantial semiconductor industry expertise; no overboarding or attendance concerns flagged; TSR trigger does not fire.

McNamara is an executive director (Corporate VP, General Manager Operations) with long operational experience at Vicor; no familial relationships, attendance issues, or overboarding; the TSR trigger does not fire given VICR's strongly positive 3-year return.

Schmidt is an executive director (CFO) with relevant financial and semiconductor industry experience; no overboarding, attendance, or familial relationship issues; the TSR trigger does not fire given VICR's 512% 3-year absolute return.

Shen joined in 2022 and brings deep power electronics and semiconductor academic and industry expertise; no overboarding or attendance concerns; TSR trigger does not fire at VICR's 512% 3-year return level.

Tuozzolo is an executive director (President, Vicor Power Components) with deep technical and operational expertise in the company's core business; no familial relationships, overboarding, or attendance issues; TSR trigger does not fire.

Vinciarelli is the founder and long-tenured CEO/Chairman with 79.1% voting control; while the dual role and founder-control structure is a governance concern, the TSR trigger does not fire given VICR's extraordinary 512% 3-year return, which far exceeds the 65pp named-peer threshold required for a strongly positive absolute return; his total compensation of $702,202 is well below benchmark for a CEO at a $12B company, passing the pay-level screen independently.