Velodyne to Attend Oppenheimer’s 23rd Annual Technology, Internet & Communications Conference

Graf Industrial Corp. ("GRAF") (NYSE: GRAF, GRAF.U, GRAF WS), a special purpose acquisition company, announced today that Velodyne Lidar, Inc. ("Velodyne" or the "Company"), with which GRAF has signed a definitive Business Combination Agreement, will attend Oppenheimer’s 23^rd Annual Technology, Internet & Communications Conference which will be held virtually on August 11-12, 2020. Velodyne is scheduled to participate in a fireside chat at 12:10 p.m. EDT on Wednesday, August 12. Attending from Velodyne are CEO Anand Gopalan and CFO Drew Hamer, along with James Graf, Founder and CEO of GRAF. If you would like to schedule a meeting, please send a request to [e-mail]. The presentation for such meetings is available and posted on the Velodyne website at https://velodynelidar.com/wp-content/uploads/2020/07/GRAF-Velodyne-Inv ....

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Oppenheimer’s Annual Technology, Internet & Communications Conference features access to companies at the forefront of technological innovation that have served as driving factors in the robust market we have witnessed over at least the last decade. This conference provides an opportunity for investors to gain important insights into the technologies that will drive the entire value chain for the foreseeable future.

About Graf Industrial Corp.

Graf Industrial Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination. GRAF began trading on the NYSE in October 2018 and its common stock, units and warrants trade under the ticker symbols GRAF, GRAF.U and GRAF WS, respectively. GRAF's website is www.grafacq.com.

About Velodyne Lidar, Inc.

Velodyne Lidar is a global leader in lidar technology providing real-time 3D vision for autonomous systems thereby empowering the autonomous revolution by allowing machines to see their surroundings. Its lidar-based smart vision solutions are well known in the automotive industry, but also deployed in many nonautomotive applications, such as last-mile delivery, autonomous mobile robots, unmanned aerial vehicles (UAVs), advanced security systems, and smart city initiatives. Velodyne's website is www.velodyne.com.