13D Filing: Alonim Investments Inc and Exar Corp (NYSE:EXAR)

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CUSIP No.      300645108 Schedule 13D Page
5
of 9 Pages

Explanatory Note

This Amendment No. 1 (this Amendment) amends the initial Statement on Schedule 13D filed on September 4, 2007 (the
Original Schedule 13D). Except as otherwise set forth herein, this Amendment does not modify any of the information previously reported in the Original Schedule 13D.

Item 1. Security and Issuer.

Item 1 of the Original Schedule 13D is hereby amended and restated in its entirety
as follows:

This Schedule 13D relates to the common stock, par value $0.0001 per share (the Common Stock), of
Exar Corporation, a Delaware corporation (the Issuer). The Issuers principal executive offices are located at 48720 Kato Road, Fremont, California 94538.

Item 2. Identity and Background.

Item 2 of the Original Schedule 13D is hereby amended and restated in its
entirety as follows:

(a), (b), (c) and
(f)                    This Schedule 13D is filed by Alonim Investments Inc. (acting on its own behalf and on behalf of its wholly owned affiliates
Rodfre Investments Inc. and Rodfre Lending LLC), by Robmilco Holdings Ltd., and by Robert G. Miller (each, a Reporting Person and collectively, the Reporting Persons).

Alonim Investments Inc. is a corporation incorporated pursuant to and governed by the Canada Business Corporations Act. Its
sole activity is as a private holding company. Its registered offices are located at 1501 McGill College Avenue, 26th Floor, Montreal, Quebec, H3A 3N9. Its shareholders are Robmilco Holdings Ltd., and a trust whose beneficiaries are the children of
Robert G. Miller, namely: Rodney H. Miller and Frederick H. Miller.

Robmilco Holdings Ltd. is a corporation incorporated
pursuant to and governed by the Canada Business Corporations Act. Its sole activity is as a private holding company. Its registered offices are located at 1501 McGill College Avenue, 26th Floor, Montreal, Quebec, H3A 3N9. Its majority shareholder is
Robert G. Miller.

Robert G. Miller is a Canadian citizen. His residential address is 78 Summit Crescent, in Montreal
(Westmount), Quebec, Canada. Mr. Millers principal occupation is as President and CEO of Future Electronics Inc., a worldwide electronics component distributor. Future Electronics Inc. has its corporate headquarters at 237 Hymus
Boulevard, in the City of Montreal (Pointe Claire), Quebec, Canada, H9R 5C7.

Rodney H. Miller is no longer a Reporting
Person.

(d)    During the past five years, none of the Reporting Persons has been convicted in any
criminal proceeding (excluding traffic violations or similar misdemeanors).

(e)    During the past
five years, none of the Reporting Persons has been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction where as a result of such proceeding it was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws.

Item 3. Source and Amount of Funds or Other Consideration.

Item 3 to the Original Schedule 13D is hereby
amended and supplemented by the addition of the following:

The Support Agreement (defined below) (the terms of which are
hereby incorporated by reference) was entered into between the Issuer and a Reporting Person. No Reporting Person paid any amount in connection with the execution and delivery of the Support Agreement and as a result no funds were used for such
purpose.

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