Company: LIDRW
Filing Date: 2025-04-21
Form Type: DEFC14A
Source: 0001104659-25-036915
Chunk: 27

Company: AEye, Inc.
Filing Date: 2025-04-21
Form: DEFC14A
Chunk 27
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 not have authority to vote on this Proposal without instructions from the beneficial
owner.

Recommendation of the reduction in authorized shares available under the Certificate of Incorporation to 20,000,000─ According to the Company’s proxy statement, the
affirmative vote of the holders of a majority of the voting power of the shares of stock present or represented by proxy at the Annual
Meeting and entitled to vote on the subject matter will be required to approve this Proposal. An abstention will have the same effect
as a vote against the proposal because an abstention represents a share considered present and entitled to vote. Brokers do not have authority
to vote on this Proposal without instructions from the beneficial owner.

Recommendation of the reduction in authorized shares available under the Certificate of Incorporation to 125% of the then fully diluted shares of Common Stock─ The affirmative
vote of the holders of a majority of the voting power of the shares of stock present or represented by proxy at the Annual Meeting and
entitled to vote on the subject matter will be required to approve this Proposal. An abstention will have the same effect as a vote against
the proposal because an abstention represents a share considered present and entitled to vote. Brokers do not have authority to vote on
this Proposal without instructions from the beneficial owner.

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Under applicable Delaware
law, there are no rights of appraisal or similar dissenters’ rights with respect to any matter to be acted upon at the Annual Meeting.
If you sign and submit your GREENuniversal proxy card without specifying how you would like your shares voted, your shares will
be voted in accordance with Founders Group recommendations specified herein and in accordance with the discretion of the persons named
on the GREEN universal proxy card with respect to any other matters that may be voted upon at the Annual Meeting.

REVOCATION OF PROXIES

You may change your vote or
revoke your proxy at any time prior to its exercise by attending the Annual Meeting and voting in person (although attendance at the Annual
Meeting will not in and of itself constitute revocation of a proxy), by delivering a written notice of revocation, or by signing and delivering
a subsequently dated proxy which is properly completed. A written notice of revocation may be delivered either to Founders Group in care
of InvestorCom at the address set forth on the back cover of this Proxy Statement or to the Company at AEye, Inc. Attn: Corporate Secretary,
4670 Willow Road, Suite 125,