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Investor Presentaiton

MARKET DYNAMICS - HIGH BARRIERS TO ENTRY LiDAR sensor is a mission critical element in autonomous driving which requires the highest level of automotive functional safety compliance LiDAR automotive requirements standards are high across multitude dimensions (e.g. FoV, resolution, frame rate, coexistence, computer vision capabilities, etc.) Innoviz advance technology encapsulates a multidisciplinary approach ➤ The advanced safety and technical requirements will lead, in our view, to only a few LiDAR companies dominating the market ➤ New technologies are driven into the automotive market by few leading OEMs and BMW is known to be a technological defining thought leader ➤ Innoviz is the only LiDAR company that was awarded an automotive grade contract by a leading OEM (BMW) ➤ Certain OEMs (FCA, Ford, [others]) look at BMW as proxy for their decisions on technologies Relevant Case Studies - Automotive Functions Dominated by Only Few Suppliers Image Sensing Air-Bag Commercial Vehicle BOSCH MOBILEYEⓇ 75 TRW 7F Brakes WABCO Autoliv Continental Autoliv KNORR-BREMSE INNOVIZ™ TECHNOLOGIES Seating LEAR ADIENT CORPORATION A MAGNA *Faurecia Innoviz Technologies Ltd. 2020 All Rights Reserved -- Proprietary & Confidential. No Part of this Document May be Reproduced or Disclosed in Any Manner. 37
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