Investor Presentaiton

Quarter-To-Date Q1 2023 Update: Surpassing records and Strong Backlog AeMagin Financials Product revenues for the quarter-ended March 31, 2023 totaled $6.4 million, compared with $7.0 million in the prior-year period Contract revenues for the quarter-ended March 31, 2023 totaled $0.2 million, compared with $0.3 million in the prior-year period Backlog of open orders of $16.0 million as of the end of Q1 2023 compared with $14.8 million as of the end of Q4 2022 Cash and cash equivalents of $3.8 million as of March 31, 2023 Expecting contract revenues to continue with development and scalability of dPd technology for consumer AR/VR Operating Trends • • Continuing to supply sole-sourced displays under the Enhance Night Vision Goggle-Binocular (ENVG-B) program as it ramps to volume, as well as other key military programs worldwide As of the end of the first quarter, the Company has taken delivery of seven pieces of production equipment and received $32.2 million of the total $39.1 million in U.S. government funding awarded to eMagin to enhance its manufacturing capabilities as the only U.S. provider of OLED microdisplays In July 2022, the Company took possession of additional clean room and expansion space Advancing Product Development • • Surpassed the previous record of 10,000 candela per square meter (cd/m2) by demonstrating 15,000 cd/m2 full-color WUXGA (1920x1200 pixels) prototype display using its dPd TM technology • Continue to see strong interest in high-brightness XLE and direct patterned technology Steady progress on the development efforts for dPd technology and high brightness product roadmap ©2023 eMagin Corporation 6

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