Tectona Ltd.

Investor Presentation • Jan 24, 2022

Leading The Digital Value Revolution

Investor Presentation | January 2022 www.tectona.io | investors@tectona.io

Forward-Looking Information Disclosure

This presentation is for informational purposes only and does not constitute or form any part of any offer for sale or subscription of, or solicitation of, any offer to buy or subscribe for any shares or other securities or any of its affiliated entities nor shall it or any part of it form the basis of, or be relied on in connection with, any contract, commitment or any investment decision whatsoever. The summary information herein does not purport to be complete. To receive the full image of the Company's activity and risks it is facing, see the immediate and periodic reports filed by the Company with the Israel Securities Authority and the Tel Aviv Stock Exchange. No reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this Presentation.

Everything stated in this Presentation with respect to an analysis of the Company's business is merely a summary and includes forward-looking statements as defined in the Israeli Securities Law, 5728-1968. These statements include descriptions regarding the intent, belief or current expectations of the Company. Such forward-looking statements are not guarantees of future results, performance or achievements and are based on current expectations, estimations, and assumptions, involve certain risks and uncertainties which are difficult to predict and are not guarantees of future performance. Therefore, actual future results, performances or achievements of the Company may differ materially from what is or may be expressed or implied in this presentation due to a variety of factors, many of which are beyond the Company's control, including, without limitation, certain risk factors contained in the Company's reports. The Company disclaims any obligation or commitment to update these forward-looking statements to reflect future events or developments or changes in expectations, estimates, projections and assumptions. The Company does not warrant that the information is either complete or accurate.

The Company does not undertake any obligation to update or revise any of the forward-looking statements, whether as a result of new information, future events or otherwise. Some Images in this presentation are not owned by the company (but the company has permission to use).

Certain information and factual statements (including markets or trends) contained herein are based on or derived from publicly available documents or independent third party sources the accuracy of such information and the assumptions on which such information is based have not been independently verified.

About Tectona

Tectona is the leading publicly traded company in Israel focused on blockchain technology and digital assets

The company's management and employees have extensive experience and unique expertise in all aspects of the blockchain industry including: technology, information security, regulation, finance and consumer applications.

• Distinct understanding of present and future market opportunities
• Proven and compounding track record of successfully developing new, innovative technologies at the core of the industry (DeFi, cryptographic tokens, NFTs and more).
• Owner of exceptional algorithmic trading and high frequency trading IP.

Financial Overview

infrastructure

• Active trading accounts in regulated digital asset exchanges
• Full financial infrastructure via accounts in leading Israeli and American banks

Market education: Knowledge and access

Tectona believes that market education, imparting knowledge and making the digital assets market accessible, in many forms and levels, are the tools that will lead to mass adoption of blockchain technology, while empowering the Israeli technological ecosystem:

• Continuous dialog with regulatory entities to promote clear and coherent regulatory guidelines for companies, institutions and the broad public.
• Constant and tight relationships with leading financial institutions: banks, pension and insurance funds, hedge funds, investment houses and more.
• Initiate and lead public events and conferences, in the interest of exposing the public to entrepreneurial opportunities and trends in the digital assets industry.

Main Operational Pillars

Tectona Labs

The innovation and development arm of Tectona

• Operates via a unique brand in the Metaverse: The Bored Company
• Within this operational pillar, Tectona initiates commercial collaborations, by leveraging our technological capabilities to answer the business and technology needs of our customers and partners in the digital assets domains, especially in the NFT market.

What is the Metaverse?

Imagine the Internet brought to life, allowing high fidelity interactions between users, various platforms, and all forms of digital assets:

• The metaverse blends aspects of digital technologies including video-conferencing, gaming, cryptocurrencies, virtual reality, social media and live-streaming, all on trajectories of increasing sophistication,customization, functionality and more.
• Exactly how these pieces will fit together is a work in progress, but most tech giants already see it as the future of human communication & interaction, and are already deploying vast capital & human resources towards adapting their brands & products for this emerging digital reality.
• Realization of the Metaverse vision requires, among others, a widely accessible way to own and trade digital assets (Mostly NFTs)

The MetaVerse numbers

• Roughly 4 million NFTs were sold in the 3rd quarter of 2021
• Over 900K users on NFT marketplaces, 24x yearly growth
• \$10.7 billion of NFT sales in Q3 2021, 8x quarterly growth

NFT quarterly sales, in USD

Sources: https://www.statista.com/statistics/1275815/nft-sales-on-multiple-blockchains/ ,https://dune.xyz/rchen8/opensea

Non-Fungible Tokens (NFTs)

Cryptographic token with a unique identifier that represents a digital, non-fungible asset

• ● Ability to digitally prove ownership: allows the owner of the asset to prove and verify his ownership on the asset in a digital, instant, public and indisputable way.
• ● Monetization: enables the usage of the digital assets in platforms and tools like websites, applications and video games, generating revenue for the creator of that digital asset.
• ● Among the leading brands that are already involved with NFTs: Coca Cola, Visa, Marvel Studios, Adidas, Nike, Disney, Dolce & Gabbana, Messi, NBA, The Simpsons and more.

• MegaArts project is Tectona Lab's introductory project (under the Metaverse branding - the Bored Company).
• MegaArts are user-generated artworks that are minted as NFTs. Cutting-edge generative art AI technology creates the artwork based on users' descriptions.
• Users purchase Probes, each capable of retrieving a single, unique MegaArt.
• Probes can be programmed with free text or suggested phrases to describe the artwork desired.

fantasy Art of Zoo City Skyline

stained glass map of the world

* Each MegaArt is accompanied by the text that was used to create it, similar to the title of a painting.

Tectona Proprietary Trading

Algorithmic trading of digital assets, while aspiring for excess returns with no exposure to the base asset:

• Use of an advanced trading system, purchased last year, that leverages algorithmic strategies and high-frequency trading.
• A variety of strategies with different levels of risk, return and trading time-intervals.
• Currently, Tectona only trades with part of its own Nostro

Tectona Proprietary Trading

Usage of decentralized financial (DeFi) products and services is rapidly growing

Trends and facts about global DeFi activity

• Approximately \$270 billion USD are currently locked in smart contracts continuously using DeFi products and services*
• ● 1200% growth in total value locked (TVL) in the last year*
• Roughly 4 million unique wallets on Ethereum are interacting with DeFi protocols and platforms (including hedge funds, public companies, institutional investors, private investors and more).**

Total value locked (TVL) in DeF platforms and protocols in billions of USD

Tectona Financial Services

The mission: creating and making accessible a cutting edge suite of technical and blockchain related financial instruments, bridging the gap between the traditional capital market and the digital assets market.

Means to achieve our mission:

• Continuous and ongoing process to obtain the appropriate licences for providing financial services.
• Characterization of our customers needs and distinguishing between the unique properties of institutional and private investors.
• Developing and advancing suitable technological tools

Tectona Ventures

Investing in innovative companies and revolutionary technologies

• We focus on investing in companies building web3 products, from DeFi and NFTs, to DAOs and Play-to-Earn games.
• Our investment in "The Lao", represents ownership in a decentralized autonomous organization (DAO) named The Lao, whose purpose is to invest in startups and other DAOs, that accelerate the growth of the revolutionary technologies Tectona believes in.
• Tectona is looking into additional investments in various entities that share a common vision, with the purpose of increasing its activity in this operational pillar.

Tectona Management

CEO Yossi Barnea

Yossi served as CIO of Delek Group and Elad Group and worked in a number of executive positions in capital markets and banking, in Israel and abroad.

Guy Benartzi

CA

Guy is a seasoned and experienced entrepreneur, angel investor and advisor. Guy co-founded Bancor in 201Ȁ, the first DeFi protocol on Ethereum and BBS, a decentralized messaging protocol in 2020.

CFO Guy Harel

Guy is a C.P.A and an attorney at law (Israel) with 1ǿ years of experience in publicly traded companies, startups, IPOs, fundraising, mergers and acquisitions.

CTO Tal Muskal

Tal is a serial entrepreneur for over 2ǿ years and one of the leading figures in the Israeli blockchain industry. Founded and served as CTO at various blockchain, AI and tech companies.

Beni Hakak

Experienced entrepreneur with extensive management and operations background. Founded and led a number of blockchain startups. Advising a variety of technology initiatives and is a thought leader in the global blockchain industry.

COO

CIO Itamar Eden

More than 20 years of experience in algorithmic trading of securities and financial derivatives. Founded and led the investments in Kryptonite hedge fund.

Tectona Board

Chairman Yariv Gilat

As an Entrepreneur and investor in Tech companies, Yariv brings an extensive experience in leading vision and strategic thinking in the companies he's involved with, usually in his capacity as a board member. Among other things, Yariv has deep familiarity with developments of tools and technologies that are associated with capital markets.

Vice Chairman

Strategic advisor, investment banker and board member in public and private companies. Former CEO of Hapoalim Capital Markets and founder and CEO of "Tamir Fishman capital markets". In addition, Nir serves as Chairman of the board of "Krembo Wings" NPO.

External Director

Yael has served as Director-General of Israel's Ministry of Finance, General Partner at Viola Credit and CEO of Amitim. In addition, Yael has served as a board member of several public and government companies for the past 2ǿ years.

External Director

Former deputy of the Mossad. Ehud leads two cyber security entrepreneurship as active chairman. Ehud also serves as a director in E&M Computing. Ehud was awarded with the Israel defense prize award and has served as a research associate in the Belfer Institute at Harvard University.

Independent Director Nir Brunstein Yael Andorn Ehud Lavie Barak Soreni

Barak has 2ǿ years of experience in a variety of executive positions in the financial sector in Israel. Until 2019, Barak served as CEO of "Psagot Investment House", which under his management was one of the largest institutional investors in Israel.

Major Milestones In The Development Of Tectona

December 2020

Signing of an investment agreement led by Yariv Gilat in regards to transforming the company into the first public company in Israel that focuses on blockchain technology and digital assets.

January 2021

General Assembly approval and completion of an investment of 17 million Shekels led by Yariv Gilat, Guy Benartzi and Sphera Fund and others. Completion of an investment agreement of 12 million Shekels with Altshuler Shaham and more investors

February 2021

Appointment of Yariv Gilat to active Chairman and appointment of Yossi Barnea to CEO.

March 2021

Signing an agreement with "My Ella"- Company owned by Guy Benartzi to manage the cryptographic assets for the company for 2 million USD. Completion of an investment of 33 million Shekels led by Yaron Yaacobi, Zeev Bronfeld, The Phoenix, More Capital, Kesem Excellence and others. Acquired a technological system for advanced algo-trading

June 2021

Received the position of the SEC for approving the companies activity in certain scopes

Completed opening of bank accounts and trading accounts in leading digital asset exchanges

July 2021

Signed a merger agreement with "My Ella" company. After the completion Guy Benartzi will be appointed to a position holder in the company

Appointment of new board members and re-branding to "Tectona".

August 2021

Beginning of Algo-trading in High-frequency trading and Funding with 5.3 million USD (from the Tectona's Nostro).

September 2021

Communication to purchase membership units in The Lao.

October 2021

The beginning of Tectona NFT activity

December 2021

Completion of development for an AI-based system for creation of NFTs by users and customers for the MegaArt project.

Q4 2021

Q4 2020 Q1 2021 Q2 2021 Q3 2021

Statements of Consolidated Income (Loss)

USD In thousands	1-6/2021 (Unaudited)	1-6/2020 (Unaudited)
Losses from revaluation of cryptographic assets	(291)	-
Revenues from software sales	227	282
	(64)	282
Expenses:
Cost of goods	159	76
Research and development	331	81
Selling and marketing	11,837	38
General and administrative	20,110	391
Operating (loss)
Financial income (expenses), net	(32,501)	(304)
Net (loss) from continued operation	(2,613)	198
Taxes on income	(35,114)	(106)
Net income from discontinued operation, after taxes	9	-
Net loss for the year	-	42
	(35,123)	(64)

Consolidated Balance Sheet

USD In thousands	30.06.2021 (Unaudited)	31.12.2020 (audited)
CURRENT ASSETS	18,914	1,540
Cash and cash equivalents	1,709	-
Cryptographic assets	470	-
Investment in Algo-trading systems	134	1,527
Other current assets	21,227	3,067

NON-CURRENT ASSETS

Intangible assets, net	1,166	-
Other non-current assets	59	33
	1,225	33
CURRENT LIABILITIES	1,881	3,192
NON CURRENT LIABILITIES	1,595	44
Total shareholders' equity (deficiency)	18,976	(136)