Controls & Procedures

Compliance Review Summary: Disclosure and Internal Controls (As of September 30, 2023)

Management Conclusions on Effectiveness:

Disclosure Controls and Procedures (DCP): Management concluded that the DCP are effective as of September 30, 2023.
Internal Control Over Financial Reporting (ICFR): Management concluded that the ICFR was effective as of September 30, 2023, based on the COSO framework (2013). This conclusion was audited by PricewaterhouseCoopers LLP.

Material Weaknesses or Significant Deficiencies:

No material weaknesses or significant deficiencies in internal controls were identified or disclosed in the provided text.

Changes to Internal Controls:

Noteworthy: Management reported that there were no changes in the internal control over financial reporting during the quarter ended September 30, 2023, that materially affected or are reasonably likely to materially affect the ICFR.

Remediation Efforts:

No remediation efforts were reported, as no deficiencies were identified.

New Controls or Procedures:

No new controls or procedures were introduced or highlighted during the reporting period.

Item 9A. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including the Chief Executive Officer and Chief Financial Officer, we have evaluated the effectiveness of our disclosure controls and procedures as required under Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended ("Exchange Act") as of September 30, 2023. Based on that evaluation, the Chief Executive Officer and Chief Financial Officer have concluded that these disclosure controls and procedures are effective as of September 30, 2023.

Management's Annual Report on Internal Control Over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting as such term is defined in Exchange Act Rule 13a-15(f).

Our Chief Executive Officer and Chief Financial Officer, with assistance from other members of management, assessed the effectiveness of our internal control over financial reporting as of September 30, 2023, based on the framework and criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this assessment, our management concluded that our internal control over financial reporting was effective as of September 30, 2023.

The effectiveness of our internal control over financial reporting as of September 30, 2023, has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in their report which appears in Item 15(a) of this Annual Report on Form 10-K.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting in management's evaluation pursuant to Rule 13a-15(f) during the quarter ended September 30, 2023, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Sonos Inc Controls & Procedures Analysis

Controls & Procedures