David Hall, Founder of Velodyne Lidar, Submits Business Proposal to Remove Chairman Michael Dee for Cause

Fellow Stockholders,

We are the largest stockholders of Velodyne Lidar, Inc. ("Velodyne Lidar" or the "Company"), with collective ownership of approximately 10.1% of the Company’s outstanding common stock. As indicated in recent 13D filings, we sold shares of Velodyne Lidar common stock for liquidity purposes because we are limited in the amount of share…