Company: LIDRW
Filing Date: 2025-04-21
Form Type: DEFC14A
Source: 0001104659-25-036915
Chunk: 29

Company: AEye, Inc.
Filing Date: 2025-04-21
Form: DEFC14A
Chunk 29
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 will employ approximately 25 persons
to solicit stockholders for the Annual Meeting.

The entire expense of
soliciting proxies is being borne by Founders Group. Founders Group estimates that through the date hereof its expenses in
furtherance of, or in connection with, this solicitation are approximately $30,000. Costs of this solicitation of proxies are
currently estimated to be up to $60,000 (including, but not limited to, fees for attorneys, solicitors and other advisors, and other
costs incidental to the solicitation). The actual amount could be higher or lower depending on the facts and circumstances arising
in connection with the solicitation. Founders Group intends to seek reimbursement from the Company of all expenses it incurs in
connection with this solicitation. Founders Group does not intend to submit the question of such reimbursement to a vote of security
holders of the Company.

<div align='center'>ADDITIONAL PARTICIPANT INFORMATION</div>

The participants in the solicitation are anticipated
to be Ransom Wuller, Valerie Wuller, Luis Dussan and Pamela Bauer (each, a “Participant” and collectively, the “Participants”).

Ransom Wuller is a former director and officer
of the Company, and Valerie Wuller is his spouse. Luis Dussan is a current director of the Company and a former officer of the Company.
Pamela Bauer is a stockholder in the Company. Mr. Wuller is a holder of record of 3,000 shares of Common Stock, and beneficially owns
154,488 shares of Common Stock in the aggregate, jointly with Mrs. Valerie Wuller. Mrs. Wuller is a holder of record of 3,000 shares of
Common Stock, and beneficially owns 154,488 shares of Common Stock jointly with Mr. Wuller. Mr. Dussan is a holder of record of 3,000
shares of Common Stock and beneficially owns 290,727 shares of Common Stock, including 33,000 shares of Common Stock held by Mr. Dussan’s
spouse. Ms. Bauer, beneficially owns 28,999 shares of Common Stock.

Mr. and Mrs. Wuller are presently retired from
full time employment. Mr. Dussan’s principal occupation is serving as a director of the Company. Ms. Bauer’s principal occupation
is serving as Treasurer and Co-Chair of the board of directors of