Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 234

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1C
Chunk 234
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 31, 2024, our disclosure controls and procedures were effective.

(b)
Management’s Report on Internal Control Over Financial Reporting. Our management is responsible for establishing and maintaining
adequate internal control over financial reporting, as such term is defined in Exchange Act Rules 13a-15(f). Our management conducted
an evaluation of the effectiveness of our internal control over financial reporting based on the framework in Internal Control —
Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on its evaluation
under the framework in Internal Control — Integrated Framework (2013), our management concluded that our internal control
over financial reporting was effective as of December 31, 2024.

(c)
Limitations on the Effectiveness of Controls. Because of inherent limitations, internal control over financial reporting may not
prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that
controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may
deteriorate.

(d)
Changes in Internal Control Over Financial Reporting. There were no changes in our internal control over financial reporting during
the period ended December 31, 2024 which has materially affected, or is reasonably likely to materially affect, our internal control
over financial reporting.

60

ITEM
9B. OTHER INFORMATION

(a)
None.

(b)
During the three months ended December 31, 2024, none of our directors or officers (as defined in Rule 16a-1(f) under the Securities
Exchange Act of 1934, as amended) adopted or terminated a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as
such terms are defined in Item 408 of Regulation S-K of the Securities Act of 1933, as amended).

ITEM
9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

None.

PART
III.

ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Information
regarding executive officers is included in Part I of this Annual Report on Form 10-K in Item 4A. The information required by this Item
10 of Form 10-K and not provided in Item 4A will be included under the caption “Proposal One – Election of Directors”
and “Board of Directors & Governance Matters” in