Investor Presentation November 2023

Investors Presentation I November 2023

2023

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 regarding 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, 2022 and the Company's consolidated financial statements as of December 31, 2022 (Reference No.: 2023-01-026455), the Company's consolidated financial statements for the first quarter of 2023 as of March 31, 2023 (Reference No.: 023-01-046864) and the Company's consolidated financial statements for the second quarter of 2023 as of June 30, 2023 (Reference No.: 2023-01-082108) 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, 18 and 26 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. 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. The 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 2022.

Forward Looking Statements

The Swords of Iron War – no significant damage to the company's activities

On October 7, 2023, the Swords of Iron War broke out in Israel, which led to the disruption of economic activity and the reduction and deceleration of business activity. Despite the fighting, the company continues to operate continuously without significant damage to its operations, its assets, the sales volume, the backlog and demands.

Operational and functional continuity the company's production sites in Kibbutz Amiad and Kibbutz Beit Zera are operating normally, without significant limitations. Furthermore, both company sites are now increasing their activity to ensure continued production and regular supply to customers in 2023.
Employee headcount due to the recruitment of reservists and absences as a result of the war (which are not substantial), the company is working to find solutions, among other things, by employing temporary personnel, moving employees between departments, redistributing responsibilities and powers, as well as working overtime.
Orders and supply chain The marketing and sales department as well as the company's supply chain are operating smoothly without any major delays, when at the beginning of Q4, additional significant new orders were received without the company experiencing any cancellations or loss of opportunities as a result of the war.
The situation of the companies abroad generally, the activity of the companies abroad is normal. However, since the majority of travel from Israel has stopped, there is some difficulty for physical support at overseas production sites, with an emphasis on the production activity in Turkey. The company is working to find solutions and alternatives.
Coping with the war situation the company is taking actions to reduce, as much as possible, any damage in the event of the continuation of the fighting. These actions pertain, among other things, to securing inventory levels, sources of supply and continuous production, as well as the need to prepare for various emergency scenarios.

In light of the existing uncertainty regarding the duration of the war, its intensity, scope and the nature of its consequences, the company continues to monitor and examine the developments, and if necessary, will act to implement additional compensatory mechanisms to deal with the possible effects.

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

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

Over 30 product lines

Subsidiaries On 5 continents

Majority shareholder - FIMI Opportunity Funds

Management and Shareholders

Yariv Avisar Chairman

Alex Mitsel COO, VP Operations

Dori Ivzori CEO

General Counsel and Corporate Secretary

Carlo Patteri VP APAC

Eyal Avishay VP Marketing & Irrigation

Relly Shimko CFO

Kfir Atias VP R&D

Michael Poth VP, President Amiad USA

Neta Shlain VP HR

Keidar Grossman VP EMEA

SHAREHOLDERS

Global Water Sector Trends Support Amiad's Activities

of restrictions on water use

2023

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 institutional, 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.

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: \$900 million
Estimated market share: approx. 5%

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

In the Kalamunda district of Western Australia, the council wanted to expand the sports and recreation facilities in Hartfield Park for the benefit of the local community.

The lack of water required a solution to allow for the reuse of water.

The Challenge

Storm water recovery for watering the park's golf courses and gardens. Because of the use of public gardens, compliance with water quality regulation was required.

The Solution

4-Stage Filtration:

Stage 1: Hydrocyclone
Stage 2: SAF-4500 (50 micron)
Stage 3: AMF-370K (2 micron)
Stage 4: At the final stage, the water flows through a granular activated carbon filter to remove organic to remove dissolved organic matter

The Result

Utilization of wasted storm water for gardening
The system's performance corresponds to the plan and the solution has been proven to be effective
Creating a future expansion plan to double the system's flow rate

Irrigation Sector

Protecting drip systems and precision irrigation in agriculture

Direct market size: \$270 million
Average market share: approx. 25%

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

Success Story

High Plains Ranch Dairy is a farm located in southwest Kansas. In order to protect the environment, the farm was required to treat the wastewater and recycle it for irrigation use.

The Challenge

Coping with high loads of organic solids and as a result, regular interruptions of irrigation in order to clean the filters.

האתגר האתגר התוצאה The Solution

Two automatic ABF 6000 filters with a 1500 micron screen were installed. The filters were supplied with an original Amiad control panel and they self-clean according to a pressure differential of 0.5 bar.

The Result

Switching to Amiad filters allowed the dairy to pump approx. 57,000 cubic meters of wastewater without clogging the sprinklers, minimal water loss to clean the filters and significant energy savings.

Full Ownership of Timex Turkey

Growth engine in the industrial sector

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 sectors in Turkey and the Middle East

Benefits:

• Increased operational and marketing synergy within the Amiad group

מנוע צמיחה בתחום התעשייה

Expanded distribution channels in Turkey and the Middle East
Expanded product portfolio
Contribution to the group's competitiveness in international markets

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.

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)

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