Company: LIDRW
Filing Date: 2025-04-10
Form Type: PREC14A
Source: 0001104659-25-033731
Chunk: 16

Company: AEye, Inc.
Filing Date: 2025-04-10
Form: PREC14A
Chunk 16
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 to be acted on at the Annual Meeting; (xii)
no Founders Group Nominee holds any positions or offices with the Company; (xiii) no Founders Group Nominee has a family relationship
with any director, executive officer, or person nominated or chosen by the Company to become a director or executive officer, (xiv) no
companies or organizations, with which any of the Founders Group Nominees has been employed in the past five years, is a parent, subsidiary
or other affiliate of the Company and (xv) there are no material proceedings to which any Founders Group Nominee or any of his, her or
its associates is a party adverse to the Company or any of its subsidiaries or has a material interest adverse to the Company or any of
its subsidiaries. Except as disclosed herein, with respect to each of the Founders Group Nominees, (a) none of the events enumerated in
Item 401(f)(1)–(8) of Regulation S-K of the Exchange Act (“Regulation S-K”) occurred during the past 10 years, (b) there
are no relationships involving any Founders Group Nominee or any of such Founders Group Nominee’s associates that would have required
disclosure under Item 407(e)(4) of Regulation S-K had such Founders Group Nominee been a director of the Company, and (c) none of the
Founders Group Nominees nor any of their associates has received any fees earned or paid in cash, stock awards, option awards, non-equity
incentive plan compensation, changes in pension value or nonqualified deferred compensation earnings or any other compensation from the
Company during the Company’s last completed fiscal year, or was subject to any other compensation arrangement described in Item
402 of Regulation S-K.

<div align='center'>11</div>

We do not expect that any
of the Founders Group Nominees will be unable to stand for election, but, in the event any Founders Group Nominee is unable to serve or
for good cause will not serve, the shares of Common Stock represented by the enclosed GREEN universal proxy card will be voted
for substitute nominee(s), to the extent this is not prohibited under the Bylaws or applicable law. In addition, we reserve the right
to nominate substitute person(s) if the Company makes or announces any changes to the Bylaws or takes or announces any other action that
has, or if consummated, would have,