Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 20

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 20
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 global standardization of our cybersecurity training program, to ensure a comprehensive and robust system.

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We
evaluate our third-party information system providers, as well as any other provider that may have access to our data, for their maturity
and reliability, and as a matter of policy we choose to only work with reputable vendors.

Risks
from Cybersecurity Threats

We
have not
encountered cybersecurity incidents that have materially affected or are reasonably likely to materially affect us, including our
operations or financial condition. A cybersecurity incident could be deemed to have a material impact on our operations if it caused a
disruption to our ability to function as a global organization, including the interruption of our internal and external communications, public
reporting, or management of our operations. Refer to “Item 1A. Risk Factors” in this annual report on Form 10-K, including
“Our operations could be adversely impacted by information technology system failures, network disruptions, or cybersecurity
breaches,” for additional discussion about cybersecurity-related risks.

Governance

Board
of Directors and Audit Committee

With
delegated authority from our Board of Directors and in accordance with its charter, our Audit Committee is charged with the oversight
of enterprise risk, including risk related to cybersecurity threats. Our Audit Committee Chair is expected to report regularly to our
Board of Directors about our Audit Committee’s oversight of enterprise risk. Our Audit Committee Chair reports quarterly to our Board of Directors specifically about our cybersecurity incident management and governance.

Management,
and specifically our Chief Financial Officer, reports quarterly to our Audit Committee on cybersecurity, including initiatives and
strategies, and incident reporting and any lessons learned. From time to time, management will also engage in informal discussions with members of the Audit Committee about
our cybersecurity practices and risks, including informing our Audit Committee Chair in a timely manner about any cybersecurity
incidents that management determines may have a significant impact on our operations or that may trigger any reporting
obligations.

Our
Audit Committee will conduct an annual review of our cybersecurity measures and the effectiveness of our risk management strategies.

Management

Anubhav
Verma, joined MicroVision in 2021 as our Chief Financial Officer. He is an experienced risk management professional and currently oversees
the Company’s accounting and finance strategies, including risk management. Mr. Verma also oversees our IT team and, with regular
communication with the team, is responsible for approving the IT budget, hiring of IT personnel, including third-party consultants, and
approving cybersecurity