Cadence Design Systems, Inc. (Nasdaq: CDNS):

WHO: Lip-Bu Tan, chief executive officer, Cadence Design Systems, Inc. (Nasdaq: CDNS).

WHAT: Mr. Tan will participate in a fireside chat at the Morgan Stanley TMT Conference on March 3, 2020 at the Palace Hotel in San Francisco.

WHEN: Mr. Tan’s talk will be available live by webcast at 4:35 p.m. PST on Tuesday, March 3, 2020. The presentation will be archived on the Cadence website and available for replay through 5:00 p.m. PDT on Friday, April 3, 2020.

WHERE: The webcast will be available online at cadence.com/cadence/investor_relations.

About Cadence

Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence’s software, hardware and semiconductor IP are used by customers to deliver products to market faster. The company’s Intelligent System Design™ strategy helps customers develop differentiated products—from chips to boards to intelligent systems—in mobile, consumer, cloud, data center, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine's 100 Best Companies to Work For. Learn more at cadence.com.

© 2020 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

Investor Relations Cadence Design Systems, Inc. 408-944-7100 investor_relations@cadence.com

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