Company: LIDRW
Filing Date: 2025-04-10
Form Type: PREC14A
Source: 0001104659-25-033731
Chunk: 18

Company: AEye, Inc.
Filing Date: 2025-04-10
Form: PREC14A
Chunk 18
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, or on behalf
of, the Company or any other statements that the Company or its representatives have made or may otherwise make.

IMPORTANTLY, IF YOU MARK MORE THAN TWO (2) “FOR” BOXES WITH RESPECT TO THE ELECTION OF DIRECTORS, ALL OF YOUR VOTES FOR THE ELECTION OF DIRECTORS WILL BE DEEMED INVALID. WE STRONGLY URGE YOU TO VOTE “FOR” THE ELECTION OF THE FOUNDERS GROUP NOMINEES ON THE ENCLOSED GREEN UNIVERSAL PROXY CARD.

<div align='center'>12

PROPOSAL NO. 2

RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

As discussed in further detail
in the Company’s proxy statement, the Company has proposed that the stockholders ratify the Audit Committee’s selection of
KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

According to the Company’s
proxy statement, if stockholders do not ratify the selection of KPMG LLP at the Annual Meeting, the selection of the independent registered
public accounting firm will be reconsidered by the Audit Committee, although the Audit Committee would not be required to select a different
independent registered public accounting firm for the Company.

<div align='center'>WE MAKE NO RECOMMENDATION WITH RESPECT TO THIS PROPOSAL AND INTEND TO VOTE OUR SHARES “FOR” THIS PROPOSAL.

13

PROPOSAL NO. 3

THE COMPANY’S PROPOSAL TO INCREASE THE NUMBER OF SHARES ISSUABLE UNDER THE 2021 EQUITY INCENTIVE PLAN</div>

As discussed in further detail
in the Company’s proxy statement, the Company is seeking an increase in the number of shares of Common stock issuable under the
Company’s 2021 Equity Incentive Plan.

<div align='center'>WE RECOMMEND STOCKHOLDERS VOTE “AGAINST” THIS PROPOSAL AND INTEND TO VOTE OUR SHARES “AGAINST” THIS PROPOSAL.

14

PROPOSAL 4</div>

TO RECOMMEND THE DECLASSIFICATION OF THE BOARD OF DIRECTORS AND ESTABLISH A NON-CLASSIFIED BOARD OF DIRECTORS

The shareholders of AEye, Inc. propose to declassify the board of directors
and establish a non-classified board by legally amending the Certificate of Incorporation. This amendment would revise Section 5.2,