Innoviz's Total Addressable Market

Winning Strategy Differentiation Innoviz is able to offer a <$500 High Performance LiDAR to enable market adoption Safe & Collect Data STEP 1 STEP 售2 Affordable L2+ & Validate • • Safer L2+ Platform • Shorter time to market • Low risk on Car Makers Early incumbency for a wide range of OEMS INNOVIZ™ TECHNOLOGIES • Incremental SW improvements . Save cost on Platform Validation • Large scale validation in real conditions . • STEP 3 Software Upgrade to L3 Allow upgrade to L3 only once SW is mature enough Reach L3 faster, with lower expenses and with lower program risk © Innoviz Technologies Ltd. 2020 All Rights Reserved - Proprietary & Confidential. No part of this document may be reproduced or disclosed in any manner. 10

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