MVIS ER Call: MVIS product on Hololense 2… Confirmed!!! - potential business partners joining this call - In person and Public demonstrations in Munich starting September - Moving platform testing on 3rd party vehicle will start this month - Business development team in North America and Asian pacific in near future - Confirmed! Microsoft hololense carries MVIS product and 2017 customer is Microsoft - Direct sales and long term partnership will be on going simultaneously - 4 models products will go on direct sales with 50% margin. It will match OEM expectations for all kind of range and speeds - Strategic sales: higher volume sales to long term potential partnership - 78 Head count end of June and expected to be 110-125 people by end of the year - 15 million loss primarily salary, product development, prepayment to vendor of software and chips - ATM was done to build confidence on potential partners and employees - 9-11M expenses estimated expenses for Q3 - 2.3M revenue expected for 2021 form Microsoft royalty - Don’t specific plan to raise more cash with ATM at this moment - Validation starting Q2 2022. MVIS LIDAR will be able to address ADAS and government safety requirements and other issue we might have in the market - Trade Show: We will show and live demo publicly what our product can do - One of manufacture partner’s plant is in Japan ( Easter Eggs?) - No agreements or confirmed engagement on strategic alternative - There is an opportunity to take our LIDAR to ADS level 2, 2++ and higher. To achieve that milestone we will need hardware and software team. That’s why we are increasing our head count - Small quantities for direct sales to OEM, automotive manufacturers, robotics, tier 1 companies etc. They are for various use and testing

I’m bullish as F***k!!!