Company: LIDRW
Filing Date: 2025-04-10
Form Type: PREC14A
Source: 0001104659-25-033731
Chunk: 6

Company: AEye, Inc.
Filing Date: 2025-04-10
Form: PREC14A
Chunk 6
---
 must instruct your broker, trustee or other representative how to vote. Your broker cannot vote your shares of Common    
 Stock on your behalf without your instructions.                                                                                            |

| · | Depending upon your broker or                                                                                                          
 custodian, you may be able to vote either by toll-free telephone or by the Internet. Please refer to the enclosed GREEN voting         
 instruction form for instructions on how to vote electronically. You may also vote by signing, dating and returning the enclosed GREEN 
 voting instruction form in the enclosed pre-paid return envelope.                                                                      |

| · | You may vote your shares in person                                                                                                    
 at the Annual Meeting. Even if you plan to attend the Annual Meeting in person, we recommend that you submit your GREEN universal     
 proxy card by mail by the applicable deadline so that your vote will be counted if you later decide not to attend the Annual Meeting. |

As Founders Group is using
a “universal” proxy card containing the Founders Group Nominees, there is no need to use any other proxy card regardless of
how you intend to vote. However, Founders Group strongly urges you NOT to sign or return any white proxy cards or voting instruction forms that you may receive from the Company.Even if you return the white management proxy card marked “withhold” as a
protest against the incumbent directors, it will revoke any proxy card you may have previously sent to us.

| If you have any questions, require assistance   
 in voting your GREEN universal proxy card,      
 or need additional copies of Founders Group’s   
 proxy materials,                                
 please contact InvestorCom at the phone numbers 
 listed below.                                   
 InvestorCom                                     
 19 Old Kings Highway S.                         
 Suite 130                                       
 Darien, CT 06820                                
 Stockholders call toll free at (877)            
 972-0090                                        
 Banks and brokers call: (203) 972-9300          
 E-mail: Proxy@investor-com.com                  |

<div align='center'>4

Background to the Solicitation</div>

The following is a chronology of material events
leading up to this proxy solicitation.

| · | The Founder Group have been investors                                                                                           
 in AEye since the founding of the Company.  Founder Ransom Wuller filed its incorporation documents and Co-Founder Luis Dussan  
 invented its technology.  Pamela Bauer and Valerie Wuller were early investors. Ransom Wuller and Luis Dussan were intimately   
 involved in taking the Company public in 2021 and Dussan continues