Exhibit 99.1 Mobileye Releases First Quarter 2024 Results and Provides Business Overview · Revenue decreased 48% year over year to $239 million in the first quarter due to the significant drawdown of inventory at our Tier 1 customers announced earlier this year. · Diluted EPS (GAAP) was $(0.27) and Adjusted Diluted EPS (Non-GAAP) was $(0.07) in the first quarter. · Inventory consumption and the expected quarterly cadence of EyeQSoC deliveries over the course of 2024 remains on-track with our prior guidance. ...