Innoviz Results Presentation Deck
Forward Looking Statements
This presentation contains certain forward-looking statements within the meaning of the federal securities laws, including statements
regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates,
Innoviz's projected future operational and financial results, including Cash Collection from Customers, revenue and non-recurring engineering
(NRE) bookings. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate,"
"intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar
expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks and uncertainties. "Cash Collection from Customers" is cash received by the
Company from revenues, advances and NRE bookings as described in the following sentence. “NRE (Non-recurring Engineering) bookings" is
booked services that may be ordered from Innoviz usually as part of a series production award or other program and includes, among other
things, application engineering, product adaptation services, testing and validation services, standards and qualification work and change
requests (usually during the lifetime of a program). The commitment for a certain NRE is usually provided around the initiation of the program
and may be paid based on milestones over the development phase of the project which may take a few years.
Many factors could cause actual future events, and, in the case of our forward-looking revenue, Cash Collection from Customers, and NRE
bookings, actual orders or actual payments, to differ materially from the forward-looking statements in this announcement including but not
limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert series production awards or other
programs into definitive orders and the magnitude of such orders, the possibility that NRE would be set off against liabilities and indemnities,
the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR
technology and related industries. The foregoing list is not exhaustive. You should carefully consider such risk and the other risks and
uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on March 9, 2023 and other documents filed by Innoviz from
time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results
to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are
made. Viewers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend
to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no
assurance that it will achieve its expectations.
INNOVIZ
TECHNOLOGIES
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Ⓒ Innoviz Technologies Ltd. 2023 All Rights Reserved - Proprietary & Confidential. No Part of this Document May be Reproduced or Disclosed in Any Manner.
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