(Information sent by the signatory company)

Redmond, March 5

It is a pioneer company in MEMS-based laser scanning technology that integrates MEMS, lasers, optics, hardware, among others.

MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, announced that it has entered into an at-the-market (ATM) stock offering sale agreement worth 150 million with Deutsche Bank Securities, Mizuho and Craig-Hallum Capital Group, acting as sales agents. Under the sales agreement, MicroVision may, from time to time, offer and sell common shares with an aggregate value of up to 150 million dollars through any of the sales agents.MicroVision intends to use ATM net proceeds, if any, to support investments that may be necessary to expand production capabilities with OEM manufacturing partners. approved, accelerate ASIC development, advance MicroVision's execution of its go-to-market strategy for its two products MAVIN and MOVIA and for other general corporate purposes."With our multi-solution product offering, the maturity of our technology and our demonstrated capabilities, we believe we have made great progress in pursuing series production bids with automotive OEMs. However, the challenge we continue to face across the sector is to demonstrate our ability to operate as a Tier 1 lidar with adequate liquidity capacity and investor confidence to execute supply agreements to customers upon nomination," he said. Sumit Sharma, CEO of MicroVision "With the potential proceeds from this financing, we intend to address this challenge head-on, establishing ourselves with OEMs as a reliable Tier 1 lidar partner." Under the ATM sales agreement, the Sales of common stock, if any, through the sales agents will be made solely by methods deemed to be an "at-market offering" as defined in Rule 415 promulgated under the Securities Act of 1933, as modified, including, without limitation, sales made directly on the Nasdaq Global Market, on any other trading market for our common stock or to or through a market maker, or, with our prior written consent, any other method permitted by law, including negotiated transactions. The common shares will be offered pursuant to MicroVision's shelf registration statement filed on June 13, 2023 with the Securities and Exchange Commission (SEC), as amended by the Post-Effective Amendment No. 1 filed on February 29, 2024 and Post-Effective Amendment No. 2 filed on March 1, 2024, which includes a base prospectus and a prospectus supplement related to the offering. Any offer, solicitation or sale will be made solely by means of the prospectus supplement and accompanying prospectus relating to the offering. Current and prospective investors should read the prospectus supplement and the accompanying prospectus in the registration statement and other documents that the company has filed with the SEC for more complete information about MicroVision and ATM.MicroVision has filed with the SEC a statement registration document automatically effective on Form S-3, as amended by Post-Effective Amendment No. 1 filed on February 29, 2024 and Post-Effective Amendment No. 2 filed on March 1, 2024, which includes a base prospectus and a prospectus supplement, for the offer to which this communication refers. Before investing, you should read the prospectus supplement and the accompanying prospectus, as well as other documents that MicroVision has filed with the SEC for more complete information about MicroVision and this offering. Learn more at www.sec.gov. And you can also request more information: Deutsche Bank Securities, Attention: Prospectus Group, 1 Columbus Circle, New York, NY 10019.About MicroVision With offices in the United States and Germany, MicroVision is a pioneer in laser scanning technology based in MEMS that integrates MEMS, lasers, optics, hardware, algorithms and machine learning software into its proprietary technology to address existing and emerging markets. The company's integrated approach uses its patented technology to supply automotive lidar sensors and solutions for advanced driver assistance systems (ADAS) and non-automotive applications such as industry, smart infrastructure and robotics. The company has leveraged its experience building micro augmented reality display engines, interactive display modules, and consumer lidar modules.MicroVision, MAVIN, MOSAIK, and MOVIA are trademarks of MicroVision, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.

Emisor: Microvision

ContactContact name: Jeff ChristensenContact description: Darrow Associates Investor RelationsContact phone: 300 736 7426