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 virtual fireside chat at the Credit Suisse 24th Annual Technology Conference on December 2, 2020.

WHEN: The talk will be available live by webcast at 10:10 a.m. EST on Wednesday, December 2, 2020. The presentation will be archived on the Cadence website and available for replay through 5:00 p.m. PST on Friday, January 1, 2021.

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

About Cadence

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. For six years in a row, Fortune Magazine has named Cadence one of the 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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