Slide 1: First Quarter Earnings
ABaAcre First Quarter Earnings Matt Fisch Conor Tierney CEO CFO May 11th, 2023
Slide 2: Disclaimer
Disclaimer Forwar This presentation of AEye, Inc. (‘AEye" or the “Company’) includes statements that are not historical facts, but rather are forward-looking statements within the meaning of the federal securities laws, including safe harbor provisions under the US. Private Securities Litigation Ref
Slide 3: Disclaimer
Disclaimer Readers are cautioned not to put undue reliance on forward-looking statements; AEyeassumes no obligation and does ‘ot intend to update or revise these forwarc-looking statements, whether as a result of ne Eyegives no assurance that information, future events, or otherwise. Eyewill achieve
Slide 4: Matt Fisch, CEO
Matt Fisch CEO AEye Aareve
Slide 5: AEye Go-Forward Plan
AEye Go-Forward Plan = Focus on automotive = Right size resources & cost structure = Targeted industrial engagement = Hit key milestones with Continental Aareve
Slide 6: Norbert Hammerschmidt, VP Components Business, Continental
Norbert Hammerschmidt VP, Components Business Continental Aareve
Slide 7: Continental and AEye Collaboration
Continental and AEye Collaboration Full stack ADAS solutions provider to global OEMs (over 50 brands exceeding 300 models) Cameras Monocam + Surround View Control Units AV + ADAS => < Q@ntinental eo \ ae Radars > 150M Units Deployed 2009- ‘Short Range Lidar (Single Point) sist in emergency braking |
Slide 8: Continental HRL131 Product Advantages
Continental HRL131 Product Advantages v¥ Dependable Reliability ¥ World Class Range ¥ Software Reconfigurability Aareve 8
Slide 9: AEye Advantage: Reliability
AEye Advantage: Reliability Industry’s smallest size* moving component with lowest mass allows ultra-fast adjustments for programmability AEye MEMS = Diameter of the tip of a ball point pen 4) f — @ » w == ¥ Moving AEye Legacy Rotating 4-Sided _& . . Ganeemen MEMS MEMS Galvo Miron Polygon 6-Sided Po
Slide 10: AEye Advantage: Range
AEye Advantage: Range Best-in-class range enables safe and comfortable hands-free highway driving at 80mph Safe High-Speed Autonomy Requires Longer Range Sensing Passenger vs. Commercial Vehicles | SB (5) Parking Lots | Bp | | a, City Streets Highways om 50m 100m 150m [Bl rotat stopping Distance AEy
Slide 11: AEye Advantage: Reconfigurability
AEye Advantage: Reconfigurability Allowing vehicles to adapt to driving environments and speed limits OEM Application Software ADAS Perception Stack Parking Mode Detect shopping carts, unpredictable pedestrians. curbs, trees Urban Mode Maneuver complex intersections, roundabouts bicyclists, one-way
Slide 12: Market Opportunity
Market Opportunity 6+ upcoming OEM nominations with 5M to 10M lidar units In series production programs Aareve 12
Slide 13: Conor Tierney, CFO
Conor Tierney CFO AEye Aareve
Slide 14: 2022 convertible note issuance costs
2022 convertible note issuance costs,
Slide 15: AEye Advantages
AEye Advantages » Exceptional, software-driven product, differentiated by its Reliability, Range and Reconfigurability * Capital light business model, based on licensing, which drives down the cash burn rate and delivers strong margins - - accelerating our path to scalability and profitability. » St
Slide 16: Thank You
ABaAcre First Quarter Earnings Thank You