Peraso Inc. Chief Financial Officer and Secretary James Sullivan resigned for personal reasons. His departure becomes effective October 2, 2026. Sullivan confirmed his resignation does not result from disagreements regarding company operations, policies, or financial disclosures.

CEO Ronald Glibbery assumed the roles of interim CFO and Secretary in addition to his current duties. Glibbery will receive no additional compensation for these expanded responsibilities.

The leadership transition occurs as Peraso positions its millimeter-wave technology for military and autonomous system applications.