AEye amends CFO severance to include 12-month payout on unilateral termination

AEye, Inc.

Compensation Committee on June 1, 2026 approved Amended Severance Agreement for CFO Conor Tierney and eligible NEOs.
Upon unilateral termination (good reason or without cause, not tied to change in control), Tierney receives 12 months base salary and health coverage.
Change-in-control severance terms were not materially modified.
Severance conditioned on signing a waiver/release and complying with proprietary information obligations.
Form of agreement was previously incorporated by reference from a May 15, 2026 8-K.

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