Tadiran Group Ltd.

Investor Presentation • Nov 13, 2022

Company presentation | November 2022

This presentation was prepared by Tadiran Group Ltd. (Previously: Tadiran Holdings Ltd.) (hereinafter: "the Company" and / or the "Group" and / or "Tadiran") as a general presentation about the Company and is not intended to replace the need to review the Company's full reports to the Securities Authority and the Stock Exchange. Value in Tel Aviv Ltd. including, inter alia, the Company's periodic reports including the Company's periodic report for 2021, third quarter 2022 and immediate reports (hereinafter: "Company Reports") prior to making a decision regarding investment in the Company's securities.

The information contained in the presentation does not constitute advice, recommendation, opinion regarding investment, does not constitute an offer to invest and / or purchase securities of the Company (and in particular does not constitute an "offer to the public" or "sale to the public" of any kind) and does not replace independent examination and personal advice according to the unique needs of each investor. Such an offer shall be made only in accordance with the provisions of the law, after obtaining the necessary permits from the Securities Authority and the stock exchange.

This presentation includes a summary of the issues described in the context in which they are discussed and not the full information available to the Company in relation to these issues and does not include the full results and financial information of the Company and the notes to them, and / or the Company's business plans and / or the Company's risk factors.

The presentation includes data on international markets, including growth volumes, penetration rates, and sales, statistics, etc. It should be emphasized that this data is based on public data and the Company's assessments and does not constitute any facts and / or representations.

This presentation may include forward-looking information as defined in the Securities Law, 1968 (hereinafter: "forward-looking information"), including forecasts, subjective assessments by the Company's management as of the date of publication of the presentation, which although the Company believes are reasonable, Which are inherently uncertain, estimates and information regarding future events.

The forward-looking information is solely aimed at the date to which it relates and is uncertain, unpredictable, affected by factors beyond the control of the Company, each of which, or a combination thereof and the realization of which risk factors characterize the Company's activities, may materially impair results. The activities of the Company and cause the actual results to be materially different from the forward-looking information.

Except as an undertaking to disclose information as required by the securities laws applicable to the Company, the Company does not undertake to update or change any information contained in this presentation in order to reflect events and / or circumstances that will apply after the date of its preparation. It is clarified that the Company's plans and strategy included in this presentation are correct as of the date of their publication and may and will change in accordance with the decisions of the Company's Board of Directors from time to time.

Without detracting from the generality of the above, the information contained in the presentation, inter alia, regarding the Company's working principles, the Company's business plans in connection with Air Care O2 technology, expansion of energy activity, product marketing and development, growth potential and revenue distribution in the coming years (including advancing the target for the realization of the growth strategy by two years), is forward-looking information based and derived, inter alia, on the Company's goals.

The Company's assessments regarding the Company's objectives are based, inter alia, on the Company's assessments regarding trends in the Company's business in particular and trends in the market in which the Company operates in general, as well as the Company's management assessments regarding potential and market trends in Israel and international markets as of this report. These assessments may not materialize and / or materialize significantly differently from the Company's assessments, inter alia, as a result of factors external to the Company and which are not under control, including, inter alia, changes in the economic situation in Israel in general Different from those that the Company's management estimates as of the date of this report, the non-realization of the potential penetration into international markets in general, and in particular those listed above, regulatory changes and the realization of some of the risk factors described in the Company reports, continued potential effects. These assessments may not materialize and / or materialize significantly differently from the Company's assessments, inter alia, as a result of factors external to the Company and which are not under control, including, inter alia, changes in the economic situation in Israel in general and in the market in which the Company operates in particular, development of new and / or different trends from those that the Company's management estimates as of the date of this report, failure to penetrate international markets in general, and in particular those listed above, regulatory changes and the realization of risk factors described in the Company's reports, the continuation of potential effects of the corona crisis and so on.

To the extent that there is a conflict between what is stated in this presentation and what is stated in the Company's reports required by law, what is stated in the Company's reports will prevail.

Enable a better living environment through renewable energies, a comfortable climate and healthy air

The future is already here

ID

Global presences in around 35 countries

A leading service division with 200

service providers

About 600 employees in the group (including production and service)

The group has been leading the field of air conditioning in Israel over60 years

Focusing on the core business while developing tangential growth engines

Starting in 2021 expansion in the areas of air quality, renewable energy, energy efficiency

Owner of well-known Israeli brands: "Tadiran", "Amcor" and "Crystal"

Development and production of air conditioning systems at the Afula factory

Milestones

production activity

2021

Leading tomorrow

Tadiran brand

A quality and leading brand in air conditioning and renewable energy, with technological superiority

Service

A quality and leading customer service system

Community

Promoting involvement in the community, volunteerism and solidarity of the company's employees

Supply chain

A complex logistics system of import, production, storage and distribution under dynamic market conditions

Innovation

a connection

Development of innovation programs in order to promote

between technology startups and society

Commerce

Management of a wide product portfolio in the field of air conditioning and renewable energy

Development and production

Israeli factory. R&D department with rich international experience

Brand power

Branding Award for 2022

Technology development Air purification Tadiran Airow Tadiran Supreme Product of the Year Award for 2022 for:

EFI prize Groundbreaking marketing campaigns with Morgan Freeman

Service and

Customer Experience

Excellence Award

The 150 best employers in

High ranking on the list of

Israel

of GLOBES

Israel Superbrands Award 2022

Group structure

Tadiran Group

Tadiran Renewable Energy

Tadiran Solar A one stop shop for solar energy systems

Aviem and Tensor UPS systems, energy storage*, EV charging management

VP Solar A one stop shop for solar energy systems and heat pumps in Europe

Escotek Energy efficiency

Tadiran Consumer Products

Air treatment products Consumer products

A unique product based on Air Care O2 technology

Intellectual property, development capabilities and technological roadmap

Potential global and growing market

Residential HVAC

Commercial HVAC

Heat pumps

Home appliances

Advanced production, service, and logistics systems.

The information regarding the company's assessment of the global growth potential is forward-looking information as defined in the Securities Law based, among other things, on the group's assessments regarding trends in Israel and the world as of this date. These estimates may not materialize and/or materialize in a materially different manner from the group's estimates, among other things, as a result of external factors that are not under the company's control and including, among other things, changes in the state of the economy in Israel and abroad, the development of new trends and/or different from the group's estimates, Regulatory changes and the realization of which of the risk factors described in the company's reports.

A device that can be easily installed in the air conditioner and makes the air we breathe healthier. Tested and approved according to the world's leading safety standards.

The technology is based on an electric current that converts the moisture in the air into hydrogen peroxide molecules that are dispersed in the space of the room through the air flow from the air conditioner.

TADIRAN AIROW 1 TADIRAN AIROW 3

Tadiran's air purification technology was found to be effective in reducing up to 99.9% of pathogens such as the corona virus* in the air, bacteria and molds in airconditioned spaces, under experimentally tested conditions**.

*According to an experiment conducted in a closed space, testing the SARS-COV-2 virus. TADIRAN AIROW 3: Experiment in an 18 m3 chamber, after 60 minutes. TADIRAN AIROW 1: Experiment in a 1 m3 chamber, after 90 minutes.

** Under the conditions of the tested experiments, after 120-150 minutes.

Home appliances

Tadiran Renewable Energy

Solar systems ONE STOP SHOP

Construction

Import raw materials and produce systems according to drawings for customers Tadiran aluminum

Optimization systems

Converters, optimizers, monitoring devices. The company is a leading distributor of SolarEdge converters

Solar panels

Authorized distributor of JINKO - a leading international panel manufacturer.

Energy storage and UPS systems

AVIEM Systems

Residential

Energy storage systems EV Chargers UPS

Industrial and commercial

Energy storage systems Data Center UPS

UTILITY

Energy storage systems Li-ion Batteries

In 2022 entering into agreements for the supply of storage systems in the value of UPS \$215m

Electric vehicle charging management

Smart Charge system for managing the charging of electric vehicles

Energy management for maximum and smart utilization of the electricity supply in the building

Automatic, easy, transparent and professional collection management (billing).

Smart stations for charging AC, DC vehicles

The company's activity in the field of electric vehicle charging management is carried out through a private company held by a wholly owned subsidiary (51%) and by third parties (49%). At this stage, the scope of the activity is not material.

Energy storage

Authorized distributor of BYD, LG, and others

Energy conversion systems

Converters, optimizers. The company distributes products of SolarEdge, Huawei and others

Solar panels

Authorized distributor of Qcells, Jinko, and others – Global panel manufacturers

EV charging

Distribution of products for charging vehicles - Mennekes, Wallbox and others

Heat pumps

Mounting systems

Distribution of heat pumps from the leading manufacturers - Daikin, LG and others

Import and distribution of ready-made mounting systems

Company's assets and capabilities

Professionalism

High-quality professionals with a high sense of service

Relationships with customers

Customer relationships with many segments over the years based on the company's reputation

Advanced technology supplier

Converters, panels and storage systems from the best manufacturers in the world

Financial data

Financial results 9m 2022 Q3 2022

The increase shown is compared to the same period last year. Includes VP SOLAR results consolidated as of January 30, 2022.

Operating profit )NIS in millions(

Dividend distribution )NIS in millions(

Thank you!