Company: LIDRW
Filing Date: 2025-05-13
Form Type: DEFA14A
Source: 0000947871-25-000499
Chunk: 4

Company: AEye, Inc.
Filing Date: 2025-05-13
Form: DEFA14A
Chunk 4
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 moment in our growth trajectory as a result of                                                                      
 disciplined management execution, beginning with the appointment of CEO Matthew Fisch in 2023.                                          
 ·                                                                                                                                       
 We have positioned ourselves for a promising future with the hiring                                                                     
 of Mr. Fisch, and we are capitalizing on our competitive edge to meet the significant opportunities in the lidar market.                
 ·                                                                                                                                       
 Our progress reflects the disciplined leadership and strategic focus                                                                    
 implemented since Mr. Fisch became CEO, directly addressing the operational and financial challenges left by the Dissident Group’s      
 prior management. Renewed attempts by the Dissident Group to influence AEye risk undoing these gains and jeopardizing the stability and 
 momentum we have achieved.                                                                                                              
 ·                                                                                                                                       
 The Dissident Group has failed to present any credible plan for AEye’s                                                                  
 long-term growth and has instead pursued personal agendas that are misaligned with the interests of all stockholders. Their actions and 
 significant divestment from the Company demonstrate a lack of commitment to AEye’s future, in contrast to the current Board and         
 management whose interests remain closely tied to stockholder value.                                                                    
 ·                                                                                                                                       
 Our highly qualified and proven board nominees are integral to AEye’s                                                                   
 success, while the Dissident Group’s candidates lack relevant expertise and experience.                                                 
 ·                                                                                                                                       
 We urge you to vote with the Company – supporting the Dissident                                                                         
 Group may risk your investment and future of AEye.                                                                                      |

| Since 2023, AEye’s Board and management have repositioned AEye to pursue the            
 significant market opportunity in lidar. We remain focused on executing on our strategy 
 and driving sustainable long-term value creation for our stockholders.                  |

⁘ The members of the Dissident Group are responsible for many of the current challenges our Board and management are working tirelessly to resolve.

The Dissident Group is led by Mr. Dussan and Mr. Wuller, both of whom are
former executives and Board members that are no longer with the Company. We believe that many of our Company’s underlying issues
were introduced during their respective tenures. For example, during the over 10 years Mr. Dussan served as CEO, then later as CTO, he
failed to achieve any product win in the market.

Additionally, in 2019, the board of directors of the then-AEye business (prior to the
business combination to become the current public company), which at that time included Mr.