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 program design win 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 design win 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 design wins 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, and our
expectations regarding the impact of the evolving conflict in Israel to our ongoing operations. 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.
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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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