Buff Technologies Ltd.

Investor Presentation • Feb 14, 2022

COMPANY ANNUAL REPORT 2021

Disclaimer

This Presentation by BUFF Technologies Ltd. (the "Company") has been made as a general Presentation about the Company and for the sake of summary and convenience only. The review presented in the Presentation is not intended to be an alternative to the need to review the reports that the Company release to the public from time to time in framework of its obligations under the law, including its annual financial statements to the year 2021 (in all their parts and appendices) as published by the Company in the Magna system and on the Tel Aviv Stock Exchange distribution site.

This Presentation does not constitute a public offering of the Company's securities and should not be interpreted as such. The information included in this presentation neither constitutes grounds for decision making with respect to an investment nor does it constitute a recommendation or opinion of an investment consultant or tax advisor. Investment in securities in general, and in the Company in particular, is not without risk. The purchase of the Company's securities requires an in-depth review of all information published by the Company alongside the need for legal, accounting and taxation analysis of the foregoing materials.

It should be emphasized that past results are not necessarily indicative of future performance. In preparing This Presentation the Company also relied on information obtained from public sources. the Company may not have access to the facts and assumptions underlying the numerical data, market data and other information included in such public sourced.

The trademarks included herein are the property of the owners thereof and are used for reference purposes only. Such use should not be construed as an endorsement of the products or services of the Company.

The Presentation may include management information, which are not based on purely accounting rules information / or are "non-Gaap" information and are presented as providing an additional business point of view in relation to the Company's activities and business. This information does not constitute a substitute for the information detailed in its periodic and / or quarterly / semi-annual reports, including its financial statements and / or immediate reports.

This Presentation includes, among other things, Forward-Looking Information, as defined in the Securities Law, 1968, including forecasts, targets, assessments and estimates, including information presented by means of graphs, reviews or in any other or additional way, relating to events and / or future matters, the realization of which is uncertain and not under the control of the Company. This information is based on subjective assessments and assumptions, inherently uncertain and is based in part on an analysis of existing economic, business, legal and accounting information, statistical data published by various entities and authorities, professional publications, studies and surveys, the accuracy and / or completeness of which have not been independently examined by the Company. The realization or non-realization of the Forward-Looking Information may be impacted from risk factors characteristic of the Company as by developments in the economic environment in which the Company operates as well as by external factors such as regulation that may impact its activity. Therefore, it is hereby emphasized and clarified that the future de facto results and achievements of the Company may be materially different than those presented as Forward-Looking Information in this Presentation.

For the avoidance of doubt, it is clarified that the Company is under no obligation to update and/or modify the information included in the Presentation to reflect events and/ or circumstances taking place after the date in which the Presentation was prepared.

BUFF is about real-life rewards & loyalty for gamers based on in-game action or with the BUFF card, bridging the digital and real worlds.

BUFF IS THE FIRST PUBLIC GAMING COMPANY IN ISRAEL

2021 HIGHLIGHTS

• Accelerated growth across all KPI's
• Completed successful IPO in TASE
• Key hiring, over 44 team members, new HQ
• Supporting 17 leading game titles across desktop and mobile platforms
• Completed M&A with Avatar
• Completed USA launch of BuffPay Card in cooperation with
• Launched direct Activation Campaigns with Global Brands

REVENUE STREAMS

We display ads on our App and while users are spending time on our app we are getting payed for it

Direct activation ads campaigns by leading global brands, unique value to brands and to Buff users.

Launched initially in Dec 2021 as a Beta, Buff USA users have the opportunity to issue Buff branded Cards ( physical, virtual) and accumulate Buff points while they are spending.

Buff users can enjoy extra benefits by becoming a Premium member and pay an annual / monthly fee.

BUFF GROWTH NUMBER - 1

Avg Daily Active Users Vs Total Monthly Games played

BUFF GROWTH NUMBER - 2

Avg Monthly Active Users (MAU)

Currently at 1,300,000 MAU

BUFF GROWTH NUMBER - 3

• Total 2021 annual revenue accounts to: \$3.92 MM
• The revenues for the quarters are not audited or reviewed.
• The Company's total revenue in 2021 is based on the Company's audited financial statements as of December 31, 2021.

Avg MAU

growth of

FINANCIAL HIGHLIGHTS 2021

Consolidated Balance Sheet

• Current Assets \$8,398
  • + Cash and cash equivalents \$7,353
  • + Accounts receivable \$999
• Positive working capital (Non GAAP*) \$6,906
• Total Current Liabilities (Non GAAP*) \$1,492

(*) Excluding Stock warrants (non cash) (USD in thousands)

DIRECT CAMPAIGN MONETIZATION

• Major brands direct activation campaigns
• Costume awareness campaign for gamers audience
• Authentic value to the gamers community
  • Social integration game recording and sharing
  • Multi-channel presence: Discord, major Youtubers

• Combining Fintech and Gaming !
• Gamers can apply online and receive a BuffPay Visa card which they can use for paying anywhere and accumulate Buff points for every transaction. Rewarding our gamers for Playing & Paying
• Launched for Christmas 2021 in the US only
• Buff is earning fees based on the card holder's usage
• Planned partnerships announcements in 2022.

2021 GAMING MARKET OVERVIEW

GAMING SHOWS ITS TRUE MIGHT

• Facebook rebrand- > Meta
• Mega-mergers
• Fastest growing digital community
• Over 3 Billion gamers
• Over \$175 Billion in revenue
• Top 10 gaming companies reporting Avg 23% growth in revenue
• Mega mergers represents Multi-Billion \$ shift in digital economy

2021 GOING INTO 2022

• • Gaming continues global growth, surpassing 3 Billion people
• • Accelerating in 2022
  • Our community tells us what they want: More!
  • High margin, emerging monetization models
• • 2022 is expected to be another stellar year in the gaming industry

THANK YOU

Download at www.Buff.game