Innoviz Technologies Progress and Financials

Key Strategic Advantages of Innoviz's Perception Software 1. High Switching Costs Millions of Kms driven by partners to generate data • Data validity strongly tied to specific LiDAR hardware used 2. Recurring Revenue Model to support SW updates after SOP • New needs may arise based on input data from the field New locations may require adjustments/updates M W A MAGNA ⚫APTIV⚫ HIRAIN TECHNOLOGIES HARMAN INNOVIZ™ 30 30 TECHNOLOGIES O Innoviz Technologies Ltd. 2020 All Rights Reserved - Proprietary & Confidential. No Part Of This Document May Be Reproduced Or Disclosed In Any Manner.

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