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Investor Presentaiton

Innoviz Intrinsic Value Potential Well Above Transaction Value Transaction Value $1.0bn Comparable Valuation Sensitivity Analysis LiDAR Peers¹ Broader Peer Group² $3.6bn $3.5bn $2.3bn Current Enterprise Value based on LiDAR peers' '24E/ '25E EV/Revenue multiple $3.0bn Midpoint EV $2.5bn Future Enterprise Value discounted back 4 years at 20% Discount Rate 5.0x +/- 20% 2025E Revenue - 9.0x 13.0x 2025E Revenue Post-Money Enterprise Value Note: Figures in bar charts represent current enterprise value 1 Includes Luminar, Velodyne and Aeva. 2 Includes NVIDIA, Ambarella, Xilinx, Xpeng, Li Auto, NIO, Tesla and CREE. TM INNOVIZ™ TECHNOLOGIES © Innoviz Technologies Ltd. 2020 All Rights Reserved - Proprietary & Confidential. No part of this document may be reproduced or disclosed in any manner. 32 32
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