June 3, 2021

David Hall, Founder of Velodyne Lidar, Reiterates Call for Chairman Brad Culkin and CEO Anand Gopalan to Step Down

SAN JOSE, Calif.–(BUSINESS WIRE)–David Hall, the beneficial owner of approximately 52.2% of the outstanding common stock of Velodyne Lidar, Inc. (NASDAQ: VLDR) (“Velodyne Lidar” or the “Company”), today issued the following open letter to the Company’s Board of Directors (the “Board”): June 3, 2021 Velodyne Lidar, Inc. 5521 Hellyer Avenue San Jose, California 95138 Attn: The Board of Directors Dear Members of the Board of Directors: As I have made clear in recent months, I firmly believe that


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