Innoviz Results Presentation Deck

Cash Position & Financial Update Liquidity of $130M in cash and cash equivalents, short-term deposits, short term restricted cash and marketable securities as of June 30, 2023 Innoviz operating cash burn in the second quarter of 2023 was within planned budget Revenues for 2Q23 were $1.5M, up 45% compared to revenues of $1.0 million in Q1 2023 and down 18% compared to revenues of $1.8 million in Q2 2022. The 45% quarter-over-quarter increase in revenues, was primarily driven by increased unit sales, which grew 47% sequentially. The year-over-year decline in revenues was driven primarily by the progress in the BMW program as it transitioned to volume production at Magna, the Tier-1 on the program. The transition includes a shift from selling full LiDAR units to selling components to Magna at lower production average sales prices. 2023 Revenue Cadence Outlook - Q3 2023 revenue expected to approximately double versus Q2 2023, with another meaningful increase in Q4 2023 INNOVIZ TECHNOLOGIES TM Innoviz Technologies Ltd. 2023 All Rights Reserved - Proprietary & Confidential. No Part of this Document May be Reproduced or Disclosed in Any Manner. Revenues for Q2 2023 $1.8M 2Q22 YOY $1.5M 2Q23 QOQ $1.0M 1Q23 $1.5M 2Q23

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