Summary of Pixelworks 2020 Non-Employee Director Compensation

Initial grant upon election or appointment: $74,000 fair value in stock options (based on Black-Scholes valuation assumptions consistent with the Company’s financial reporting obligations and 30-day average stock price) with a six year term vesting 25% on the first anniversary of the grant date, and ratably on a monthly basis thereafter for the next three years, subject to acceleration on change of control

Annual grant at annual meeting of shareholders: $74,000 fair value in RSUs (based on 30-day average stock price) vesting on first to occur of (1) the day before the next annual meeting of the Company’s shareholders that follows the grant date, or (2) the first anniversary of the grant date, subject to acceleration on change of control

Initial grant upon election or appointment: $74,000 fair value in stock options (based on Black-Scholes valuation assumptions consistent with the Company’s financial reporting obligations and 30-day average stock price) with a six year term vesting 25% on the first anniversary of the grant date, and ratably on a monthly basis thereafter for the next three years, subject to acceleration on change of control

Annual grant at annual meeting of shareholders: $74,000 fair value in RSUs (based on 30-day average stock price) vesting on first to occur of (1) the day before the next annual meeting of the Company’s shareholders that follows the grant date, or (2) the first anniversary of the grant date, subject to acceleration on change of control

Committee member annual fees:

Audit: $8,000 (paid quarterly)

Comp: $5,000 (paid quarterly)

Corp Gov/Nom: $3,000 (paid quarterly)

Committee member annual fees:

Audit: $8,000 (paid quarterly)

Comp: $5,000 (paid quarterly)

Corp Gov/Nom: $3,000 (paid quarterly)

Committee Chair fees:

Corp Gov/Nom: $7,500 (paid quarterly)

Committee Chair fees:

Corp Gov/Nom: $7,500 (paid quarterly)