<SEC-DOCUMENT>0001214659-24-004744.txt : 20240319
<SEC-HEADER>0001214659-24-004744.hdr.sgml : 20240319
<ACCEPTANCE-DATETIME>20240318184449
ACCESSION NUMBER:		0001214659-24-004744
CONFORMED SUBMISSION TYPE:	PX14A6G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240319
DATE AS OF CHANGE:		20240318
EFFECTIVENESS DATE:		20240319

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SKYWORKS SOLUTIONS, INC.
		CENTRAL INDEX KEY:			0000004127
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				042302115
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0927

	FILING VALUES:
		FORM TYPE:		PX14A6G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05560
		FILM NUMBER:		24760553

	BUSINESS ADDRESS:	
		STREET 1:		5260 CALIFORNIA AVENUE
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92617
		BUSINESS PHONE:		9492313000

	MAIL ADDRESS:	
		STREET 1:		5260 CALIFORNIA AVENUE
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92617

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SKYWORKS SOLUTIONS INC
		DATE OF NAME CHANGE:	20020627

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALPHA INDUSTRIES INC
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREEN CENTURY FUNDS
		CENTRAL INDEX KEY:			0000877232
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		PX14A6G

	BUSINESS ADDRESS:	
		STREET 1:		114 STATE STREET
		STREET 2:		SUITE 200
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		617-482-0800

	MAIL ADDRESS:	
		STREET 1:		C/O UMB FUND SERVICES
		STREET 2:		803 WEST MICHIGAN STREET SUITE A
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53233
</SEC-HEADER>
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<TYPE>PX14A6G
<SEQUENCE>1
<FILENAME>b318242px14a6g.htm
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>NAME OF REGISTRANT:</B> Skyworks Solutions,
Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>NAME OF PERSON RELYING ON EXEMPTION:</B> Green Century Equity Fund</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>ADDRESS OF PERSON RELYING ON EXEMPTION:</B> 114 State Street, Suite
200, Boston, MA 02109</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #1A1A1A"><B>Written materials are submitted pursuant to Rule
14a-6(g)(1) promulgated under the Securities Exchange Act of 1934.&nbsp;Submission is not required of this filer under the terms of the
Rule but is made voluntarily in the interest of public disclosure and consideration of these important issues.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #1A1A1A"><B>&nbsp;</B></P>

<DIV STYLE="padding: 1pt 4pt 1pt 0in; border: black 1pt solid">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Shareholder Proposal No. 11 on the Skyworks
Solutions, Inc.&rsquo;s </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2024 Proxy Statement:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Adoption of Greenhouse Gas Emissions Reduction
Targets</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Skyworks Solutions, Inc. Symbol: (SWKS)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Filed by: Green Century Equity Fund</P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Green Century Capital Management, Inc. is the investment advisor to
the Green Century Equity Fund and seeks your support for the climate-related proposal filed at the Skyworks Solutions, Inc. (hereby referred
to as &ldquo;Skyworks&rdquo; or the &ldquo;Company&rdquo;) in its 2024 proxy statement. The proposal asks the Company to adopt independently
verified short-, medium- and long-term science-based greenhouse gas (GHG) emissions reduction targets, inclusive of emissions from its
full value chain, in order to achieve net-zero emissions by 2050, which is in line with the Paris Agreement&rsquo;s goal of limiting global
temperature rise to 1.5 degrees Celsius.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Proponent believes taking such action would serve the long-term
interests of the Company by reducing climate, reputational, and regulatory risks while addressing investor concerns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>Resolved:</U></B> Shareholders request that Skyworks adopt independently
verified short-, medium- and long-term science-based greenhouse gas emissions reduction targets, inclusive of emissions from its full
value chain, in order to achieve net-zero emissions by 2050 in line with the Paris Agreement&rsquo;s goal of limiting global temperature
rise to 1.5 degrees Celsius.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Taking into consideration approaches used by advisory groups like SBTi;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Developing a transition plan that shows how the Company plans to meet its goals, taking into consideration criteria used by advisory
groups such as the Task Force for Climate Related Financial Disclosures.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Consideration of supporting targets for renewable energy, supply chain engagement, reduction of fluorinated gases, and other measures
deemed appropriate by management.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><BR>
<B>RATIONALE FOR A &ldquo;YES&rdquo; VOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD><B>Insufficient response to investor expectations - </B>Investors expect companies to mitigate their climate risk. Adoption of independently
verified, ambitious GHG emission reduction targets helps assure investors that Skyworks is adequately addressing a growing risk to its
business, supply chain, and customers.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Skyworks&rsquo; current target is an absolute operational
GHG emissions reduction target of 30% by 2030 over a 2018 baseline. This translates to a well-below 2&deg;C aligned reduction pathway,
which exceeds the 1.5&deg;C temperature limit recommended by the Intergovernmental Panel on Climate Change (IPCC) in order to avoid the
worst impacts of climate change. Its 2022 2&deg;C aligned intensity target is even worse.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD><B>Reputational Risk</B> &ndash; Skyworks lags behind peers in the semiconductor industry that have committed to set or set science-based
targets with SBTi, inclusive of their Scope 3, i.e. value chain, emissions. They include NXP Semiconductors, Qualcomm, and Murata Manufacturing.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #485464">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">3.</TD><TD><B>Regulatory Risk - </B>By delaying collecting Scope 3 emissions information and committing to set an independently verified science-based
GHG reduction target, Skyworks may be unprepared to meet California&rsquo;s Climate Corporate Data Accountability Act which will require
disclosure of Scopes 1 &ndash; 3 emissions data.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border: black 1pt solid"><B>This is not a solicitation of authority
to vote your proxy. Please DO NOT send us your proxy card; Green Century Equity Fund is not able to vote your proxies, nor does this communication
contemplate such an event. Green Century Equity Fund urges shareholders to vote for Proposal No. 11 following the instruction provided
on the management&rsquo;s proxy mailing.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>I.</B></TD><TD><B>EXECUTIVE SUMMARY</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The shareholder proposal requests Skyworks expand the scope of its
GHG emissions reduction targets and seek independent verification of it targets in order to assure investors that its targets are credible
and aligned the goals of the Paris Agreement. In so doing, the proposal addresses an area where Skyworks does not demonstrate climate
leadership and is exposed to increased investor scrutiny and reputational and regulatory risks.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Skyworks&rsquo; current emissions reduction target overshoots the recommendation
by the IPCC to limit warming to 1.5&deg;C in order to avoid the worst impacts of climate change. The Company&rsquo;s target of a 30% absolute
reduction of operational emissions by 2030 is well-below 2&deg;C aligned, and its 2022 2&deg;C aligned intensity target is even worse.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of March 18, 2024, 7,755 companies had set or committed to set a
science-based GHG emissions targets verified by SBTi.<SUP>1</SUP> Among them include Skyworks peers, such as NXP Semiconductors, Qualcomm,
and Murata Manufacturing, whose targets include their Scope 3 emissions. Setting a target is within reach for Skyworks. SBTi allows companies
up to two years after an initial commitment to set a science-based target. This interim time gives Skyworks the time it needs to collect
data and adjust its internal strategies to set and implement a new target.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">_____________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>1</SUP> https://sciencebasedtargets.org/companies-taking-action/</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In it opposition statement, Skyworks raises the concern that &ldquo;implementing
the reporting requested by the proposal would divert time, effort and resources from our current and planned initiatives.&rdquo; However,
investors expect companies to demonstrate excellent management capabilities by identifying and addressing significant material risk while
simultaneously maintaining profitability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By delaying gathering its Scope 3 emissions data, Skyworks may be unprepared
to meet California&rsquo;s Climate Corporate Data Accountability Act. Right now Skyworks could adopt a commonsense approach by gathering
emissions data from its supply chain &ndash; e.g. the energy-intensive foundries from which is sources &ndash; and downstream high-emissions
activities such as the transportation used to deliver its products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Should Skyworks required assistance, there are professional firms,
such as KPMG and PwC, that can use their experience with similar firms to provide guidance on how best to gather GHG emissions data and
seize the business opportunities associated with setting Scope 3 targets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>I.</B></TD><TD><B>INADEQUATE RESPONSE TO INVESTOR EXPECTATIONS</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Environmentally responsible companies are expected to mitigate their
exposure and contribution to climate risk, but in its opposition statement, Skyworks has stated that disclosure required by the proposal
would limit its efforts to target reductions that have the most impact on limiting climate change and therefore limit value to its shareholders.
We disagree.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To clarify, the proposal does not request disclosure of any of Skyworks&rsquo;
GHG emissions. However, it is troubling that the Company has not yet gathered its full scope of emissions. For many businesses, Scope
3 emissions account for above 70% (Deloitte)<SUP>2</SUP> and up to 90% or more (GHG Protocol)<SUP>3</SUP> of companies&rsquo; GHG emissions,
meaning that Skyworks is likely only disclosing a minor portion of its emissions.<SUP>4</SUP> In addition, manufacturing companies like
Skyworks, with complex supply chains, may find that Scope 3 disclosures and targets help them to manage real business risks. Skyworks
suppliers that curb emissions through improved energy efficiency or acquisition of renewable energy can reduce operating expenses and
hedge against price increases associated with fossil fuels. Emissions from downstream businesses, including customers, also represent
an opportunity for Skyworks to engage its customers and its logistics partners on emissions reduction initiatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Companies that commit to adopt a science-based target with SBTi have
two years to perform data gathering and plan steps to meet their targets. Further, companies participating in SBTi are only required to
set near-term emissions reduction targets for 5 to 10 years in the future, providing companies time to develop business strategies to
implement decarbonization efforts in the longer term.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">_____________________________</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>2</SUP> https://www2.deloitte.com/uk/en/focus/climate-change/zero-in-on-scope-1-2-and-3-emissions.html</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>3</SUP> https://ghgprotocol.org/sites/default/files/2022-12/Scope%203%20Detailed%20FAQ.pdf.
Pg 2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>4</SUP> https://www.wri.org/update/trends-show-companies-are-ready-scope-3-reporting-us-climate-disclosure-rule</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Unfortunately, Skyworks&rsquo; current target is not sufficiently ambitious.
The Company has committed to a 30% reduction in absolute Scope 1 and 2 emissions by 2030 over a 2018 baseline, which does not align with
the scientific consensus that deeper cuts are required to avoid the worst impacts of climate change. In the near-term, the IPCC recommends
a 43% drop in emissions by 2030 in order to limit warming to 1.5&deg;C over pre-industrial temperatures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Additionally, Skyworks has not taken advantage of semiconductor industry
initiatives which could help it innovate solutions to reduce value chain emissions. For example, Skyworks is not a member of the Semiconductor
Climate Consortium whose goal is to develop sustainable practices, technologies, and policies to reduce the carbon footprint of the semiconductor
industry.<SUP>5</SUP> The Consortium encourages companies, suppliers, and their business partners to collaborate and share best practices.
Skyworks&rsquo; peers, Analog Devices, NXP Semiconductors, and Qualcomm, are members of the Consortium.<SUP>6</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>II.</B></TD><TD><B>REPUTATIONAL RISK</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of the March 18, 2024, 7,755 companies had set or committed to set
science-based targets with SBTi. These include Skyworks peers, NXP Semiconductors, Qualcomm, and Murata Manufacturing, and customers,
Apple, Nokia, and Sony that have set or committed to set near-term science-based 1.5 degrees Celsius-aligned targets with SBTi, inclusive
of full their value chain emissions. Moreover, Nokia has committed to set and Qualcomm and Sony have set 1.5 degrees Celsius-aligned net-zero
targets, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Yet Skyworks has declined to set comparably comprehensive targets or
seek third-party validation for its existing targets, which raises concerns about the credibility of its existing commitment. Further,
Skyworks&rsquo; existing targets do not cover its entire value chain, and Skyworks reported in 2022 that its absolute Scope 1 and 2 emissions
had increased rather than decreased.<SUP>7</SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Its delay in calculating its Scope 3 emissions and setting ambitious
science-based targets indicates that Skyworks&rsquo; board has not prioritized addressing the full scope of the Company's climate risk
and that management has not dedicated enough time or resources to solving perceived data collection and target-setting challenges.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>III.</B></TD><TD><B>REGULATORY RISK</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By delaying disclosure of its value chain emissions, Skyworks may be
ill-prepared to meet emerging climate regulations in California and other jurisdictions if they emerge.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In October 2023, California&rsquo;s Climate Corporate Data Accountability
Act was signed into law. Amongst its requirements, the Act requires companies doing business in California to report Scopes 1 &ndash;
3 emissions by 2027. It phases in requirements for limited (2026) and reasonable (2030) assurance for Scopes 1 &ndash; 3. Even as California
develops methodologies to help businesses account for their Scope 3 emissions, there is nothing about the Act prevents Skyworks from beginning
to quantify its full value chain emissions now.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">_____________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>5</SUP> https://www.semi.org/en/industry-groups/semiconductor-climate-consortium</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>6</SUP> https://www.semi.org/en/industry-groups/scc/membership</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>7</SUP> Skyworks&rsquo; 2023 CDP Climate Change report</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Using a commonsense approach, Skyworks could begin to collect data
on its most likely material Scope 3 sources of emissions, such as from the foundries that supply it, upstream and downstream transportation
services, and emissions associated with use of its chips. The Company&rsquo;s strategy of delay may only result limiting the time available
to meet California&rsquo;s disclosure requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>IV.</B></TD><TD><B>CONCLUSION</B></TD></TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">While Skyworks has set a goal to reduce its Scopes 1 and 2 GHG emissions
by 30% by 2030, its goal is not science-based, nor is it aligned with the low-carbon transition needed to protect businesses, their suppliers,
and their customers from climate risk. Investors seek better board oversight and management responsiveness to climate issues. Additionally,
thousands of companies have already set or committed to set targets with SBTi.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By beginning to gather emissions data, Skyworks may uncover opportunities
for partnerships and value chain efficiencies that could ultimately reduce its expenses, improve the Company&rsquo;s environmental footprint,
and enhance its corporate image.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Finally, by enhancing its ambition, Skyworks could demonstrate that
it can nimbly pivot to expanding the scope of its GHG emission reduction goals and proactively address climate, reputational, and regulatory
risks.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Shareholders are urged to vote FOR the proposal asking Skyworks
adopt independently verified short-, medium- and long-term science-based greenhouse gas emissions reduction targets, inclusive of emissions
from its full value chain, in order to achieve net-zero emissions by 2050 in line with the Paris Agreement&rsquo;s goal of limiting global
temperature rise to 1.5 degrees Celsius.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>For questions regarding this proposal, please contact Andrea Ranger,
Green Century Capital Management, </I><I>aranger@greencentury.com</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border: black 1pt solid"><B>This is not a solicitation of authority
to vote your proxy. Please DO NOT send us your proxy card; Green Century Equity Fund is not able to vote your proxies, nor does this communication
contemplate such an event. Green Century Equity Fund urges shareholders to vote for Proposal No. 11 following the instruction provided
on the management&rsquo;s proxy mailing.</B></P>

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