• Independent Body Certification Demonstrates Commitment to Information Security and Automotive Tier-1 Supplier Readiness

MOUNTAIN VIEW, Calif. / Aug 05, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that it has achieved certification to ISO/IEC 27001:2022, the international standard for information security management.

“This important InfoSec certification demonstrates Aeva’s commitment to our customers and partners in automotive and other industries,” said Mina Rezk, Co-Founder and CTO at Aeva. “It is a significant milestone for Tier-1 automotive-qualified supplier readiness as we see growing interest for our unique 4D LiDAR technology.”

ISO 27001 requires companies to develop, implement and maintain a robust compliant Information Security Management System. The certification demonstrates Aeva’s commitment to protecting the confidentiality, integrity, and availability of its information assets for its employees, customers and partners. The assessment was performed by UKAS-accredited Intertek, an independent body.

Aeva’s Information Security Management System covers the design and development of 4D LiDAR sensors and manages 92 controls across four key domains: organizational, people, physical, and technological. Additionally, this builds on Aeva’s existing Quality Management System, which has been certified to the ISO 9001 standard since February 2022.

About Aeva Technologies, Inc. (NYSE: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving to industrial robotics, consumer electronics, consumer health, security and beyond. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components onto a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instant velocity in addition to 3D position, allowing autonomous devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.

Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.

Forward looking statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements in this press release include our beliefs regarding features and performance of our products and Information Security Management System. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: (i) the fact that Aeva is an early stage company with a history of operating losses and may never achieve profitability, (ii) Aeva’s limited operating history, (iii) the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities, (iv) the ability for Aeva to have its products selected for inclusion in OEM products and (v) other material risks and other important factors that could affect our financial results. Please refer to our filings with the SEC, including our most recent Form 10-Q and Form 10-K. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Aeva assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Aeva does not give any assurance that it will achieve its expectations.