Jesper Henrikson

Jesper Von Koch

- Neonode Inc. anticipates receiving **US$15 million to US$20 million** in net proceeds from a patent lawsuit settlement between Neonode Smartphone LLC and Samsung Electronics Co. Ltd..  **[87050_0001213900-25-084104_ea025584101ex99-1_neonode.htm:0]** 
- The lawsuit, which pertained to alleged infringement of patents assigned by Neonode, was dismissed on **September 2, 2025**, following a settlement.  **[87050_0001213900-25-084104_ea025584101ex99-1_neonode.htm:0]** 
- Neonode is entitled to **50 percent** of the net proceeds from the settlement, after deductions for brokerage fees, estimated legal fees, taxes, and other expenses, as per an Assignment Agreement with Aequitas Technologies LLC.  **[87050_0001213900-25-084104_ea025584101ex99-1_neonode.htm:0]** 
- As of **September 3, 2025**, Neonode's Board of Directors has not yet made a decision on the expected use of these proceeds.  **[87050_0001213900-25-084104_ea025584101ex99-1_neonode.htm:0]**

Neonode (NEON)