Company: LIDRW
Filing Date: 2025-05-05
Form Type: DEFA14A
Source: 0000947871-25-000449
Chunk: 9

Company: AEye, Inc.
Filing Date: 2025-05-05
Form: DEFA14A
Chunk 9
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 - market Jon Husby (Oct. 2023) x Sales and marketing x Technology 9

Making Stockholders Aware of the Facts About the Dissident Group's Claims The Facts About The Dissidents’ Claims The Dissidents Group’s Claims The Dissident Group: » Has presented no credible plan for the future of AEye » Has, in their prior roles as executives and board members of the Company, made or approved business decisions that remain dilutive to shareholder value even today (see slide 11) ❌ The Dissidents have a plan for AEye’s future & a strategy for long - term value creation The Dissident Group nominees: » Have no public company Board experience and do not bring skills, experience, or knowledge of AEye’s industry to our Board (see slide 11) » Have, from our engagement with the Dissident Group, an outdated understanding of AEye’s business » Seek to replace independent and highly - qualified current directors who provide critical expertise for the oversight and execution of AEye’s strategy ❌ The Dissident’s nominees are qualified to oversee AEye The Dissident Group: » Has engaged with our Board and management on multiple occasions » Currently has representation on the Board through Mr. Dussan » Has rejected offers from our Board and management to join a Board advisory position to prove their value ❌ The Board is not open to engagement with all stockholders One member of the Dissident Group previously said members of the Dissident Group may well “ burn down the company ” to achieve their goals. Another proposed in a Board meeting to improve AEye’s stock price by turning it into a “ meme stock ” 10

The Dissident Group Nominees are Not Qualified to Lead AEye Certain members of the Dissident Group, as former executives and board members of AEye, made decisions that lead to current challenges that are being resolved by our current Board & management Weak Track Record of Dissident Group ❌ In the 10+ years Mr. Dussan served in the management at AEye, he failed to bring a product to market. ❌ Mr. Wuller, as CFO of the then - AEye business, signed a ~$20 million office lease with a 7 - year term when AEye had no line of sight to revenue. AEye just entered into a settlement over the lease at significant expense to the Company. The Dissident Group’s nominees do not bring relevant expertise, experience or skills that ensure effective oversight of the future of AEye ❌ No public company board experience