SYNOPSYS INC · FY 2025 

Controls & Procedures

Management concluded that internal controls over financial reporting were effective as of October 31, 2025, and no material weaknesses or significant deficiencies were identified. The assessment explicitly excluded the recently acquired Ansys from the determination of ICFR effectiveness, though the company is actively integrating Ansys's operations and control processes.

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Synopsys Inc Controls & Procedures Analysis

Compliance Review Summary: Disclosure and Internal Controls (As of October 31, 2025)

1. Management's Conclusion on Disclosure Controls and Procedures:
Management concluded that, as of October 31, 2025, the disclosure controls and procedures were effective to provide reasonable assurance that information required for filing is recorded, processed, summarized, and reported in a timely manner.

2. Management's Conclusion on Internal Control Over Financial Reporting (ICFR):
Management concluded that, as of October 31, 2025, the internal control over financial reporting was effective.

3. Material Weaknesses or Significant Deficiencies Identified:
No material weaknesses or significant deficiencies were identified or reported in the provided text.

4. Changes to Internal Controls During the Reporting Period:

  • Noteworthy/Change: The company acquired Ansys during fiscal 2025.
  • Exclusion: Ansys was explicitly excluded from the assessment of ICFR effectiveness as of October 31, 2025.
  • Material Impact: Management stated there were no changes in ICFR during the quarter ended October 31, 2025, that materially affected or are reasonably likely to materially affect ICFR.

5. Remediation Efforts and New/Noteworthy Procedures:

  • Integration/Remediation: The company is actively engaged in the integration of Ansys operations, control processes, and information systems into its existing control environment. Management stated they believe they have taken necessary steps to monitor and maintain appropriate internal controls over financial reporting throughout this integration process.
  • Noteworthy: The integration of the Ansys acquisition represents the most significant and noteworthy ongoing control activity.