MICROVISION, INC.

MicroVision Files Preliminary Proxy Statement

Redmond, WA - June 1, 2026 -MicroVision, Inc., (Nasdaq: MVIS), a leader in advanced perception solutions, today announced its filing of a preliminary proxy statement in connection with the Company’s 2026 Annual Meeting of Shareholders to be held virtually on Friday, July 10, 2026, at 9:00 am PT. The preliminary proxy statement provides detailed proposals to be voted on at the Annual Meeting, including a proposal to provide the Board of Directors the right to effect a reverse stock split.

“Since stepping into the CEO role at MicroVision just eight months ago, we have been steadily and rapidly progressing along our path to achieve commercial success, having deepened our technical expertise, expanded our product portfolio, sharpened our go-to-market plan, and accelerated commercial engagement and traction,” said Glen DeVos, CEO of MicroVision. “In order to effectively and quickly execute on our strategic commercial and operational goals, MicroVision must have the right capital structure to offer a compelling investment opportunity to a wide range of investors.”

“The reverse stock split proposal is intended to support long-term shareholder value by preserving our listing on Nasdaq, supporting capital flexibility, and achieving a stock price that will appeal to stable, value-enhancing capital,” said Robert Carlile, Chairman of the Board of MicroVision. “On behalf of the entire Board, I would like to convey our appreciation of the continued support of the Company’s shareholders, as well as our confidence in the leadership team to diligently and expeditiously execute our strategic plan to build value for MicroVision and its shareholders.”