Glass Lewis Recommends MicroVision Proposals

MicroVision, Inc. announced that Glass Lewis, a prominent independent proxy advisory firm, has recommended that MicroVision shareholders vote 'FOR' all company proposals at its upcoming Annual Meeting on July 10, 2026. The proposals include the election of seven director nominees, approval for issuing shares under existing convertible notes to allow equity-based repayment, amendments to the certificate of incorporation to authorize a reverse stock split (1-for-5 to 1-for-15 ratio) and reduce authorized common stock from 510 million to 150 million shares, an advisory vote on executive compensation, and the ratification of auditors. Robert Carlile, Chairman of the Board, and Glen DeVos, CEO, both expressed their pleasure with Glass Lewis's support, emphasizing that these measures are crucial for MicroVision to achieve its strategic commercial objectives and establish itself as a leader in lidar-based perception solutions.