Smart Eye AB (publ) will deliver its technology to twelve new car models by an existing customer. The customer is a leading Korean car manufacturer with a global manufacturing footprint. The OEMhas previously sourced Smart Eye's software for implementation in several of itsearlier car models and has now chosen to extend the technology to additional vehicles.

The first of the new car models including Smart Eye's technology will go into production in the beginning of 2024. The other car models will go into production during the second half of 2024 and 2025. The estimated revenue for the order is SEK 150 million, based on product life cycle volume projections.

Smart Eye has now received a total of up to 250 design wins from 20 OEMs. The combined estimated lifetime value from current design wins is now larger than SEK 5.165 billion. The estimated value over the product lifecycle from possible additional design wins with all 20 car manufacturers is SEK 4.145 billion.