Luminar Investor Presentation Deck

THE ROLE OF SENSORS IN AUTONOMY Neither camera nor camera fused with radar offer high confidence 3D perception. Lack of confidence leads to: Limited and inconsistent safety performance • The requirement for human supervision High resolution, long range lidar sensing adds the detection, classification, and range measurement confidence to unlock highway autonomy and reliable and consistent safety functionality Camera Radar Traditional Lidar Luminar Lidar Note: Oct. 2019, Automated Emergency Braking with pedestrian detection, American Automobile Association, Inc. Resolution & Range Precise (3D) Location Performance in Weather Color (RBG) ||| 12

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