ImageSat International (I.S.I) Ltd.

Investor Presentation • Jan 30, 2024

INVESTORS PRESENTATION

January 30, 2024

2

DISCLAIMER

The information contained herein is only a summary, does not exhaust all the information about the Company and its Operations, and does not replace a review of the Company's interim consolidated financial statements, Annual Reports and in other information which is filed and furnished with the Israel Securities Authority. Material information regarding the Company which is included in this slide deck has been published to the public in the past as part of the Company's reporting. That said, the information or data presented, may be presented in a different manner and/or segmentation from those previously furnished in the Company's Reports.

The presentation does not constitute or form part of any invitation or offer to invest or purchase the Company's securities and in particular does not constitute an "offer to the public" or "sale to the public" of any kind, the presentation is intended solely for the provision of information included in it and does not constitute a recommendation or opinion or a substitute for the judgment of an investor for any kind of decision and does not pretend to include all the information that may be relevant for the purpose of making any decision regarding the investment in the Company's securities and in general.

This presentation may include forward-looking information as defined in the Securities Law, 1968, including forecasts, goals, business strategy, evaluations and estimates regarding both the Company's activities and the markets in which it operates, as well as any other information, in any form in which it is presented, that relates for future events or matters, the realization of which is uncertain and not under the Company's control. In addition, the images included in this presentation, are for demonstration & illustration purposes only.

Any forward-looking information is based on current estimates and assumptions, among others, by the Company's management, which, although Company believes are reasonable, are inherently uncertain and are partially based on subjective estimates. The realization or non-realization of the forward-looking information will be affected and depended on a variety of factors including, including the risk factors which are inherent to the Company's activity, third party decisions, including regulatory authorities and engagements with third parties, as well as by developments in the economic environment and the external factors which impact the Company's activity, which cannot be assessed in advance and are out of the Company's control. Actual results and achievements of the Company in the future may be materially different from those presented in the forward-looking information presented in this presentation. The Company does not undertake to update or change such a forecast or estimate in order to reflect events and/or reasons that will apply after the date of this presentation and does not undertake to update this presentation.

In addition, the images included in this presentation, are the intellectual property of the company and are included in this presentation as demonstration & illustration for informative purposes only. Any copying or illegal use is prohibited. The images used in this presentation are protected by copyright law.

EROS C3 – Rio De Janeiro

Industry Leader In Space-Based intelligence

Owning Israeli Assets And Knowhow

A trusted mission partner of world leading defense and intelligence customers

ISI AT A GLANCE

COMPANY PRODUCT LINES

• •EROS™ Constellation
• •GlobalEye™ Constellation
• •ClearSky™ GCS
• •GeoImpact™ Platform
• •AI Based Analytics
• •Pattern of Life Analysis

•Space Segment •Ground Segment •Platform & Analytics INFRASTRUCTURE

AI & ANALYTICS

SOLUTIONS SATELLITE SERVICES

Class leading, 30cm resolution multi spectral EO satellite

Successful EROS C3 Launch & Commissioning 1

Strategic 5 year agreement with Customer B, continued long term relationship

\$37.5 EROS B service agreement executed 2

Signed Contracts In New Territories

Expanding market reach and presence globally, with three new accounts

Excellence in Execution 3

Successful conversion of backlog to revenues on all contracts

Progress on Pipeline Conversion

Advanced negotiations towards signing significant 8 digits contracts (among others with customer A).

6

Successful RUNNER 1 Launch, Commissioning In Process

First New Space satellite designed and developed by ISI. Major milestone of Chile's SNSAT program

4

KEY ACHIEVMENTS

5

EROS-C3 Launch

December 2022

WORLD CLASS-LEADING COMMERCIAL SUPER-SATELLITE CONSTELLATION

EROS C3 – Las Vegas, Shpere Stadium

EROS C3 unique MS sensor

Addressing Commercial market

EROS C3 -North Korea Pyongyang City City

ﺮ ﺍﻟﻤﺮﺍﺟﻊ

HIT ST

SPACE BASERS CE BASED

KEY ACHIEVMENTS TO DATE:

RUNNER 1- New space satellite

Produces world class true color imagery and video

RUNNER-Giza Pyramids, Egypt

Continued long term relationship with recent announcement of 5 year \$37.5m contract SIGNED CLIENT B CONTRACT

• 2X Mil Mi-26

• 2X Mil Mi-17

Cloud-based analytics platform

GEOIMPACT™

KINGFISHER™

Persistent Maritime Surveillance

GEOIMPACT KINGFISHER

2023-11-21 11:20:08 UTC

Shaoguan - - Quanzhou .4 Taiwan Kaohsiung.

Hong Kong

Laoag

Philippines Manila

Cebu City

Zamboanga City Davao City General Santos

Malaysia

Tarakan

Indonesia

Balikpapan

Banjarmasin

Gorontalo

Ternate

Pare-Pare

Makassar

Ambon

Expanding market reach and presence globally, with three strategic account

SETTING SAIL WITH 3 NEW CLIENTS

1

3

DEDICATED AND EXPERIENCED R&D TEAM

Cost effective high performance satellites solutions Defense oriented new space technologies

2 4 Command & Control system for multisatellite mission optimization Multi Mission / Multi Satellite C&C High power computing intelligence

Infrastructure

Local cloud for defense analytics applications

AI & Analytics

AI-driven intelligence Platform & applications

ISI'S COMPETITIVE LANDSCAPE

ISI competes with a range of companies across its product lines, with only a few having the capabilities to compete across three

DATA COLLECTION

• Competes with Maxar and Airbus on VHR while Planet and Satellogic are low resolution
• Little commercial overlap with Asian Satellite operators

AI & ANALYTICS

• Very few firms specialises in defense and intelligence
• Most earth-observation satellite operators like ISI have built-in analytics capabilities which they are scaling

INFRASTRUCTURE

• Larger satellite manufacturers tend to be price-sensitive, while smaller peers pursue projects with narrower scope
• Vertically integrated operators compete with ISI but are more focused internally

REVISED 24 REVENUE AND EBITDA ESTIMATES (REPORTED IN Q3 23 RESULTS)2

Key Assumptions for revised 2024 Revenue and EBITDA Estimates2:

• The Company is in advanced negotiations towards signing significant contracts (among others with customers A and B)

• The Company expects significant growth in its business activities in the coming year.

• In light of the delay in the entry of significant transactions for which negotiations are still ongoing,
• the Company believes bat during 2024 the Company in the anount of approximally USD 70-90 million and present EBITIA of approximately USD 30-5 million
• Growth in respect of the above significant transactions will also be reflected in subsequent years

Source: Company information

Note: 1 Clouded uning range of 2024 Rever repried on Noverbard C225) v. 2022 reported francel results. For JART castin see - Omponsi Amal Golution see - Omponsible (2007) for ון (ase. 2023) אינואלס אינט אינט - דוח בנון 3 לשכז 2023 (איז - הברסר 2023) אינו - הברסר 2023) אמא - הברסר - (גאפ. (גאפ. (גאפ. (גאפ. (גאפ.

SPACE-BASED INTELLIGENCE SOLUTIONS.

REVENUE BACKLOG (\$M)

Source: Company information

REVENUE BACKLOG

(il.co.taseתמורת כ7.5מ'\$ לשנה,ל5- שנים, אופ' להארכה | מאיה – הבורסה ) 3Cו EROS 2Cאימאג'סט אינט' - הסכם לאספקת שירותים מלווייני Release Immediate See 1. :Note

On Jan 8 th , 2024 the Company announced that it has signed a contract, via a local company, with Customer B worth \$37.5M for the provision of satellite services from EROS C2 and EROS C3 satellites over a period of 5 years 1 , with an effective start date as of Nov 1, 2023.

Thank you