Innoviz's Total Addressable Market

BUSINESS MODEL BUILT ON DEEPLY-ROOTED, STRUCTURAL, COMPETITIVE ADVANTAGES As a Tier-2 Supplier, Innoviz is Strategically Positioned to Benefit From Multiple Relationships of its Tier-1 Clients With Many OEMs OEM OEM Innoviz (Tier-2) Tier-1 Tier-1 Tier-1 Tier-1 OEM OEM OEM OEM OEM OEM ➤ Tier-1 relationships serve as a “multiplier effect” in interactions with OEMs, as each Tier-1 has multiple OEM relationships ➤ Often, Innoviz bids on certain RFQs through multiple Tier-1s, thereby increasing the likelihood of being selected as vendor of choice Innoviz, while working through Tier-1s, maintains direct and continuous relationships with OEMs in order to enhance current product offerings and develop new ones TECHNOLOGIES INNOVIZ™ Innoviz Technologies Ltd. 2020 All Rights Reserved -- Proprietary & Confidential. No Part of this Document May be Reproduced or Disclosed in Any Manner. 35 55

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