Amiad Water Systems Ltd.

Investor Presentation • Mar 28, 2024

Water Systems

Investors Presentation I March 2024

Investors Presentation I March 2024

This presentation was prepared by Amiad Water Systems Ltd. (the "Company") and does not constitute an offer to purchase or sell securities of the Company or an invitation to receive such offers and is intended for the provision of general information only, which is naturally partial as part of providing explanations regardin g the Company to investors or third parties. The information contained in this presentation is presented in summary only and for convenience purposes only, and what is stated in it is not intended to replace the need to review the reports published by the Company to the public, including in the Company's annual report as of December 31, 2023 and the Company's consolidated financial statements as of December 31, 2023 in order to obtain a complete picture regarding the Company's activities and the risks the company faces.

This presentation does not include the full results and financial information of the Company nor the financial notes, and it does not include the Company's business plans, a full description of its activity nor its risk factors. Slides no. 5, 8, 11, 13, 20 and 24 of

this presentation include information that is presented and detailed differently from that presented so far in the Company's reports. In addition, the presentation contains data and estimates based on external sources which content was not entirely included in the said annual report and was not independently tested by the Company and therefore the Company is not responsible for its accuracy. In addition, pictures included in this presentation are for illustration only. The Company does not commit to update or change such assessment and does not commit to update this presentation.

Forward Looking Statements

The information contained in this presentation includes forward-looking information as defined in the Israeli Securities Law, 1968. The aforementioned information is based on the company's assessment regarding its economic and business development and does not constitute an assessment of the ability to realize its goals. Th e company's goals may or may not be realized in a different way than described, among other things, due to dependence on external factors that are not under its control and/or due to the materialization of the risk factors listed in Chapter A of the company's Annual Report for 2023.

Amiad Water Systems

World leader in developing and marketing water treatment and filtration systems for the agricultural and industrial markets

Over 60 years of experience

11

800 employees worldwide Over 50 engineers and process experts specializing in filtration

Over 30 product lines

Subsidiaries

6 Production sites

On 5 continents

Majority shareholder - FIMI Opportunity Funds

Management and Shareholders

Yariv Avisar Chairman

Alex Mitsel COO, VP Operations

Dori Ivzori Relly Shimko CFO

Ben Gilad General Counsel and Corporate Secretary

Kfir Atias VP R&D

Neta Shlain VP HR

Keidar Grossman VP EMEA

Carlo Patteri VP APAC

Eyal Avishay VP Marketing & Irrigation

Michael Poth

VP, President Amiad USA

Global Presence & Thousands of Worldwide Customers

Global Water Sector Trends Support Amiad's Activities

Regulation

Strict environmental regulations and enforcement of restrictions on water use

Circular Economy

Water reuse to save on energy and costs

Scarcity of Clean Water

Treatment of contaminated water for reuse

36% of the World will Face a Water Crisis by 2050

Source:https://www.statista.com/chart/26140/water-stress-projections-global/

Source:https://www.downtoearth.org.in/news/climate-change/36-per-cent-cities-to-face-water-crisis-by-2050-59985

Amiad – a Leader in Realizing ESG Values

Environmental, Social, and Governance

• A growing trend worldwide of companies adopting ESG policies and operating based on the principles of the circular economy, with the aim of being perceived as environmentally and socially responsible companies.
• This trend is receiving a boost from leading global institutions, who set investment policies that take ESG considerations into account when making and managing investments.
• Amiad is at the heart of the ESG revolution and supports companies and organizations that seek to realize ESG values, reduce the use of external resources and encourage their reuse.

Quarterly Global ESG Fund Assets (\$Billion)

Amiad's filtration solutions support the global trend of sustainability and enable clean water to be reused in the industrial and irrigation sectors.

Industrial Sector

Filtration solutions for a variety of applications in industrial and municipal sectors

• Direct market size: approx. \$1 Billion
• Estimated market share: approx. 7%

Trends supporting the activity:

• Process improvement and general efficiency in the industrial sector
• Water scarcity requiring companies to reuse them
• Increased regulation and imposing fines on polluting companies

Success Story

Panama's largest hospital ensures clean drinking water supply for all hospital needs, with a reliable filtration system.

The Challenge

Aging pipes plagued the hospital's water tanks with sediment, demanding constant cleaning and driving up maintenance costs. A new solution was needed to safeguard their clean water supply.

The Solution

Amiad delivered and installed:

• 8" Sigma Pro filter (80 micron)
• ADI-P controller

The Results

• Constant and stable supply of quality water
• Ability to monitor and control the waters' physical, chemical and biological variables

Irrigation Sector

Protecting drip systems and precision irrigation in agriculture

• Direct market size: \$270 million
• Average market share: approx. 20%

Trends supporting the activity:

• Water scarcity encourages the use of precise irrigation and requires prefiltration
• Global population growth increases the demand for food and irrigation

67,101

Success Story

Our client in Israel faced challenges in stormwater filtration and wastewater for irrigation. Their old system couldn't handle the low pressure and high biological load. We provided a fully automatic solution that utilizes all reservoir water and protects distribution equipment.

The Challenge

Summer's surge in water demand exposed a critical challenge: biological fouling clogging filters at the reservoir. An efficient filtration solution was needed to handle peak summer flow rates and ensure a reliable water supply.

The Solution

• Spin Klin Nova Plus external source
  • Flow rate: up to 180 m³ /h
  • Filtration degree: 130 micron
  • Working pressure: 1.5-2 bar
  • Backwash pressure: 2-2.5 bar

האתגר האתגר התוצאה The Results

• Clog-free Operation: Our filtration system operates flawlessly, eliminating downtime and maintenance costs.
• Full Reservoir Utilization: Our customer now leverages 100% of their reservoir water, maximizing their water resource.
• Cost-Effective Solution: This efficient system delivers significant cost savings.

In January 2023, the company signed a deal to purchase the minority shares (49%) of a subsidiary company located in Turkey

Timex manufactures and markets water filtration solutions under the Amiad and TIMEX brands. The company is profitable, is on a growth trend, and is sells mainly to the industrial and municipal sector

Benefits:

• Increased operational and marketing synergy within the Amiad group
• Expanded distribution channels in the Middle East
• Expanded product portfolio
• Contribution to the group's competitiveness in international markets

Success Story

A major phosphate miner in North Africa relies on a desalination plant in Morocco, to produce 40 million m³ of fresh water annually. Their existing pre-treatment system couldn't effectively safeguard the plant's UF membranes.

The Challenge

Upgrading the existing filtration system while seamlessly integrating the solution into the existing infrastructures and reducing shutdowns to a minimum.

The Solution

Full production at the TIMEX site Omega 108K (100 micron) rubber-coated carbon steel filters, with Super-Duplex stainless steel (SDSS) internals.

The Results

Extending the life of the membranes and maintaining optimal performance, while achieving significant savings in operating expenses.

A reliable solution that guarantees consistent results over time.

In February 2023, the company signed a deal to purchase Aslan Technologies, based in Burlington, Ontario, Canada

Aslan Technologies designs and manufactures filtration and treatment systems drinking water and wastewater for municipalities and rural communities and for industrial customers in North America. Aslan is a growing company.

ત્ત્વની સાચના પાકની ખેત	-

Benefits:

• Expand the group's activity in the N. American industrial urban market
• Increased range of solutions for water filtration and treatment offered by the group
• Operational synergy with Amiad's existing activity in N. America (Amiad USA)

Success Story

Calabogie Peaks Resort, Ontario's highest ski destination (west of Ottawa), needed a reliable year-round water solution for their new cottage development.

The Challenge

The popular ski resort, in a growth spurt with the construction of new housing units, needed a reliable and high-quality water treatment facility (WTP) that would provide clean drinking water to the growing community of visitors.

The Solution

NextSand filtration system: removes sand, sediment and particles, reduces water hardness, and ensures the integrity of the piping. High pressure water supply to the entire resort and the new residential cabins.

The Results

The filtration system has been operating without clogging for over two years, saving maintenance costs and reducing downtime.

האתגר האתגר

Taking Innovation to the Next Generation

From automatic to autonomous

Development of sensor-based autonomous controllers that turn automatic filters into smart filters.

The ADI-X controller developed by Amiad is the only advanced controller and the first in the market based on cloud communication. The controller provides the customer with real-time insights, information and data on the water filtration system and enables remote management

A constant increase in the use of Amiad's smart controllers - over 40,000 active controllers in 91 countries around the world

Growth Trend 2021-2023

Growth Trend 2021 -2023

26% USA 16% Rest Far East & Pacific 17% Europe 13% Australia 8% Rest America 10% Africa & Middle East 9% Israel Leverage, Span of Customers and Sectors 1,432 2,018 16,110 Financial Depth (K\$) 12.2021 12.2022 12.2023 85,498 86,691 79,180 Equity (\$M) 12.2021 12.2022 12.2023 Sales per region 2023 Sales per customer 2023 20% 11% 69% Others TOP 20 Netafim

Summary

Accelerated growth through mergers and acquisitions

Trends in the water sector support the company's activities

Global leadership and worldwide presence

Revenue growth and continuous profitability improvement

High financial resilience FIMI majority shareholder

Technological innovation and entering the world of IoT

Thank you

amiad.com