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Item 16. Form 10-K Summary

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Item 16. Form 10-K Summary

None.

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CADENCE DESIGN SYSTEMS, INC.
/s/ Anirudh Devgan
Anirudh Devgan
President and Chief Executive Officer
Dated:February 13, 2023

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

/s/ Anirudh DevganDATE:February 13, 2023
Anirudh Devgan
President and Chief Executive Officer
/s/ John M. WallDATE:February 13, 2023
John M. Wall
Senior Vice President and Chief Financial Officer

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POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Anirudh Devgan, John M. Wall and Karna Nisewaner, and each of them, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Report on Form 10-K, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their, his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:

/s/Lip-Bu TanFebruary 13, 2023
Lip-Bu Tan, Executive Chair
/s/Dr. John B. ShovenFebruary 13, 2023
Dr. John B. Shoven, Lead Independent Director
/s/Mark W. AdamsFebruary 13, 2023
Mark W. Adams, Director
/s/Ita BrennanFebruary 13, 2023
Ita Brennan, Director
/s/Lewis ChewFebruary 13, 2023
Lewis Chew, Director
/s/Mary Louise KrakauerFebruary 13, 2023
Mary Louise Krakauer, Director
/s/Julia LiusonFebruary 13, 2023
Julia Liuson, Director
/s/Dr. James D. PlummerFebruary 13, 2023
Dr. James D. Plummer, Director
/s/Dr. Alberto Sangiovanni-VincentelliFebruary 13, 2023
Dr. Alberto Sangiovanni-Vincentelli, Director
/s/Young K. SohnFebruary 13, 2023
Young K. Sohn, Director

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