Astera Labs Inc. has announced the appointment of Desmond Lynch as Chief Financial Officer, effective March 2, 2026. Under the terms of his offer letter, Mr. Lynch will receive an initial annual base salary of $500,000 and is eligible for an annual discretionary performance bonus with a target of 95% of his base salary. He will also be granted restricted stock units (RSUs) valued at $6,000,000, vesting over four years, and a supplemental RSU award of $1,000,000, vesting after one year. In addition, Mr. Lynch is eligible for performance stock units (PSUs) valued at $2,000,000, which will vest based on the achievement of specified performance milestones.

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