Next Vision Stabilized Systems Ltd.

Investor Presentation • Sep 15, 2025

NextVision Stabilized Systems Ltd September 2025

DISCLAIMER

This presentation and the information contained herein (together, the "Presentation") are strictly confidential and are provided to you on the condition that you agree to hold it in strict confidence and not photocopy, disseminate, reproduce, disclose, divulge, forward, or distribute them directly or indirectly in whole or in part, by any medium or in any form to any other person or entity without the prior written consent of Next Vision Stabilized Systems Ltd. (the "Company"), except to the recipient's officers, directors, employees, and agents for use in connection with such evaluation, as required by applicable law or regulation, as requested by regulatory authorities, or with the consent of the Company, provided, however, that the foregoing restrictions shall not apply to information that is or becomes generally available to the public (other than as a result of a disclosure in violation of such foregoing restrictions) or that is or becomes available to the recipient on a non-confidential basis from a source other than the Company that, to the recipient's knowledge (after reasonable inquiry), is not prohibited from disclosing the information to the recipient. This Presentation is intended for the recipient hereof and is for informational purposes only. By accepting this Presentation, each recipient expressly agrees to treat this Presentation and the information contained herein or accompanying it in a confidential manner and in accordance with its compliance policies, contractual obligations, and applicable law, including federal and state securities laws and the Israeli Securities Law of 1968 (the "Israeli Securities Law"). Upon request, the recipient agrees to promptly return all materials received from the Company (including this Presentation) without retaining any copies thereof. Each recipient further agrees that the foregoing obligations shall apply to all other written or oral communications transmitted to the recipient by or on behalf of the Company. You shall ensure that any person to whom you disclose any of this information complies with this paragraph.

The securities offered pursuant to the preliminary offering memorandum have not been registered under the Securities Act or any state securities laws, and may not be offered or sold within the United States, or to or for the account or benefit of U.S. persons, unless an exemption from the registration requirements of the Securities Act is available or they are otherwise sold pursuant to an effective registration statement filed with the Securities and Exchange Commission. This Presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offer or sale of such securities will only be made (i) within the United States, or to or for the account or benefit of U.S. persons, only to qualified institutional buyers ("QIBs") and (ii) outside the United States in offshore transactions in accordance with Regulation S, and in the case of each of (i) and (ii) above, outside of Israel to investors who are either (1) entities with equity exceeding NIS 50,000,000 or an equivalent amount in another currency, based on the latest financial statements; or (2) entities that together with any entity controlling, controlled or under common control with such entity, in the aggregate, (y) have assets under management in an aggregate amount exceeding NIS 100,000,000 or an equivalent amount in another currency provided that the Shares purchased in the Offering would be purchased for the assets under management; and/or (z) own and invest on a discretionary basis in securities of issuers that are not affiliated with such entity, in an aggregate amount exceeding NIS 100,000,000 or an equivalent amount in another currency. Inside of Israel, the securities may be offered and sold to certain Israeli "institutional investors" (as such term is defined in Section 1 of the Securities Regulations (The Manner of Offering Securities to the Public), 5767-2007 promulgated under the Israeli Securities Law. Any purchaser of such securities in the United States, or to or for the account of U.S. persons, will be deemed to have made certain representations and acknowledgments, including, without limitation, that the purchaser is a QIB. The Company has prepared a preliminary offering memorandum for the proposed offering to which the information in this Presentation relates. Before you invest, you should read the detailed information in that preliminary offering memorandum for more complete information about the Company and the offering. This Presentation is intended for the recipient hereof and is for informational purposes only. By accepting this Presentation, each recipient expressly agrees to treat this Presentation and the information contained herein or accompanying it in a confidential manner and each recipient shall ensure that any person to whom it discloses any of this information complies with this paragraph. The preliminary offering memorandum modifies and supersedes in its entirety any information in this Presentation or which has otherwise been previously provided. You should rely solely on the information contained in the preliminary offering memorandum to make an investment decision.

The information and opinions contained in this Presentation (including forward-looking statements) are made as of the date identified on the cover page of this Presentation unless otherwise stated herein. They are subject to change without notice and neither the Company nor any other person is under any obligation to update or keep current the information contained in this document and neither the Company nor any other person intends to update or otherwise revise such information or opinions (including any forward-looking statements) to reflect the occurrence of future events or developments even if any of the assumptions, judgments, and estimates on which the information contained herein is based prove to be incorrect, made in error, or become outdated. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, or correctness of the information or opinions contained herein, and any reliance you place on them will be at your sole risk. The Company, its affiliates, and advisors do not accept any liability whatsoever for any loss howsoever arising, directly or indirectly, from the use of this document or its contents, or otherwise arising in connection with this document.

This Presentation does not constitute or form part of, and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company, nor shall there be any sale of securities in any state or other jurisdiction to any person or entity to which it is unlawful to make such offer, solicitation, or sale in such state or jurisdiction.

This Presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law. All statements contained in this Presentation that do not relate to matters of historical fact should be considered forward-looking statements, including statements relating to: the effect of the conditions in Israel, including Israel's conflicts with Hamas and other parties in the Middle East, as well as political and economic instability, on the Company's business operations; the impact of the conflict between Russia and Ukraine on the Company's operations; and the potential impact of the tariffs on imported goods into the United States on the Company's business operations. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential," or "continue" or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements are identified by these terms or expressions. In addition, statements that "we believe" and similar statements reflect management's beliefs and opinions on the relevant subject. These statements are based upon information available to management as of the date of this presentation, and while management believes such information forms a reasonable basis for such statements, such information may be limited or incomplete, and such statements should not be read to indicate that management has conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.

Management has based these forward-looking statements largely on their current expectations and projections about future events and financial trends that management believes may affect the Company's business, financial condition, and results of operations. The Company may not actually achieve the plans, intentions, or expectations disclosed in these forward-looking statements, including but not limited to, the risk factors set forth in the preliminary offering memorandum and the documents incorporated by reference therein.

In light of these assumptions, risks, and uncertainties, the results and events discussed in the forward-looking statements contained in this Presentation by reference might not occur. You should review this Presentation completely and with the understanding that the Company's actual future results may be materially different from what management expects and should not place undue reliance on the forward-looking statements, which speak only as of the date of this Presentation. Except as required by applicable law, the Company does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances, or otherwise.

Market data and industry information used throughout this Presentation are based on management's knowledge of the industry and the good faith estimates of management. Management also relied, to the extent available, upon management's review of independent industry surveys and publications and other publicly available information prepared by a number of third-party sources. All of the market data and industry information used in this Presentation involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. Although we believe that these sources are reliable, we cannot guarantee the accuracy or completeness of this information, and we have not independently verified this information. While we believe the estimated market position, market opportunity, and market size information included in this Presentation are generally reliable, such information, which is derived in part from management's estimates and beliefs, is inherently uncertain and imprecise. No representations or warranties are made by the Company or any of its affiliates as to the accuracy of any such statements or projections. Projections, assumptions, and estimates of our future performance and the future performance of the industry in which we operate are necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described above. These and other factors could cause results to differ materially from those expressed in our estimates and beliefs and in the estimates prepared by independent parties.

TODAY'S PRESENTERS

Alex Lavie CFO

Formerly:

• o Financial Controller, Lumos Global
• o Ernest & Young Israel
• o BA in business management and accounting, COLMAN Rishon LeZion

Michael Groszman CEO & Co-Founder

Formerly:

• o 8200 Technology R&D officer
• o SLYDE VP R&D
• o BL VP S&M
• o TAU MSC EE&M cum laude
• o TAU BSC EE summa cum laude

Chen Golan Chairman & Co-Founder

Formerly:

• o Jet Fighter Pilot, Israeli Air Force
• o BA in Business Administration and Entrepreneurship, IDC Herzliya

NEXTVISION STABILIZED SYSTEMS

• o NextVision Stabilized Systems ("NextVision" or, the "Company") is a leader in the global market for small, stabilized video solution systems powering missions across defense, civil and commercial applications
• o Systems can be mounted on ground, aerial and maritime platforms and are powered by an integrated software suite that enables customers to achieve maximum costeffectiveness
• o Provides a comprehensive stabilized video solution, with leading performance-to-sizeand-weight ratios, at a competitive price and with high reliability
• o Trusted by elite operators and commercial customers around the world

Other 5%

Israel 15%

Europe 55%

PURPOSE-BUILT TO PROVIDE RELIABLE SOLUTIONS FOR NEXT-GEN PLATFORMS

Vision

To continuously improve the offered solution to meet our customers' needs while maintaining reliability

EXPANSIVE PRODUCT OFFERING DESIGNED FOR THE MISSION

NextVision's systems span an array of sensor types and system sizes, offering varied solutions for a broad range of mission profiles

Continuous investment in R&D and innovation support an ever-advancing product portfolio

Video Processing Units Ready-to-Install Mounts Retracting Solutions Third-Axis Add-on Quick Release Adapters

Note: Numbers and multiples above NextVision's systems represent infrared camera photo resolution (expressed in pixels) and infrared camera zoom range (expressed as a multiple of DragonEye 2 range).

COMPREHENSIVE SOFTWARE SUITE DRIVES MISSION SUCCESS

Integrated Suite of Software Purpose Built for Ease of Use and Capable of Supporting the Full Mission Lifecycle

• o Purpose-built to maximize the operator's mission effectiveness, situational awareness and control
• o Integrates seamlessly with NextVision's products to support plug-and-play system capabilities
• o User friendly interface designed for ease-of-operation and minimal training requirements
• o Advanced embedded software features integrate seamlessly with its user-friendly interfaces and other tools
• o "One stop shop" system allows operators to plan, execute and review, all in the same environment

Planning

Intuitive UI allows planning in the same environment missions will be executed, ensuring preparedness

Simulation

Built-in simulation software allows operators to train as they'll perform, perfecting cadence ahead of time

Camera Control

In-house control software seamlessly integrates with NextVision's products, driving mission success

Video Distribution

Live screening directly from NextVision's products, enabling continuous monitoring of progress

Control (CCA/CCA2/CCA3)

Battle-Ready Upgrades

Built-In Configuration

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NEXTVISION SOFTWARE ENABLES EXTENSIVE ONBOARD PROCESSING

Onboard processing is critical to operating across dynamic environments to meet every mission's requirements

Software-Enabled Capabilities

TRIP Series Video Processors Integrate Seamlessly with NextVision Hardware, Offering Applications for Virtually Every Mission

CUTTING-EDGE TECH PIPELINE SUPPORTING THE BATTLEFIELD OF TOMORROW

NextVision is an innovation-driven company, with two or three game-changing new solutions generally released each year

New Products Released in 2025

~20% of NextVision's Employees are Solely Focused on R&D, a Testament to Its Commitment to Innovation

Cooled IR with high zoom

Built-in Range Finder

Applicable to a variety

Raven2.5

of platforms

2kg

Condor

1.5kg

3X Axes

Range Finder

Uncooled IR with high zoom

40 millijoule continuous pulsed illuminator

Combined EO and Targeting Solution

NightHawk2-V360 25IR

Rounds Out NextVision's 360 Continuous Systems Offering

360 Continuous Narrow Thermal Lens

TRIP6SSD

Next-generation platform designed to integrate user developments with NextVision capabilities

Enables 3rd-Party Application Integration on the TRIP6

Aerodynamic Design and Cooled IR

LEVERAGING TECHNOLOGY FOR SUSTAINED LEADERSHIP

Research and development is in NextVision's DNA, underpinning unmatched technological superiority across its family of systems

NextVision Has Assembled an Array of Tech-Enabled Capabilities and Solutions Through Continuous Innovation

NEXTVISION'S PRODUCTS WERE PURPOSE-DESIGNED TO ENABLE TODAY'S UNMANNED SYSTEMS

NextVision Serves a Highly In-Demand Portion of the Unmanned Systems Market

COMPETITIVE ADVANTAGES AND TAILWINDS FROM MARKET TRENDS

• Evolving Use of Unmanned Systems in Modern Warfare, with Global Leaders Taking Steps to Fill Their Arsenals
• Global Defense Spending is Reaching New Heights, Leading to Multi-Billion Dollar TAMs for Unmanned Systems
• Strategic Positioning within the US Defense Ecosystem as an Approved Vendor within the Blue UAS Framework
• NextVision's Products Were Purpose-Designed to Enable Today's Unmanned Systems
• A Leading Company with Field-proven Solutions and Broad Mission Relevance
• Trusted by the Most Demanding Customers Across a Broad Mission Set
• A Strong Financial Standing, Driven By a Solid Backlog and Long-standing Partnerships with Strategic Customers

EVOLVING USE OF UNMANNED SYSTEMS IN MODERN WARFARE…

Operation Rising Lion

Ungentlemanly Robots: Israel's Operation Rising Lion and the New Way of War

"Israel's strike, like Ukraine's earlier Operation Spider's Web, validates how small autonomous systems – when staged forward and synchronized with longrange fire – compress the timeline to relative superiority."

– Center for Strategic and International Studies June 2025

Operation Spider's Web

Operation Spider's Web: How Ukraine Rewrote the Rules of Drone Warfare

"Military analysts say the strike, launched in the early hours of June 1, 2025, is a wake-up call – not just for Russia, but for the world. It showed how accessible, low-cost technology, coupled with sharp strategy, can deliver devastating precision from hundreds of miles away."

– Scripps News July 2025

Source: Various news sources.

… WITH GLOBAL LEADERS TAKING STEPS TO FILL THEIR ARSENALS

US Executive Order to Unleash Drone Dominance Unlocks Transformational Whitespace for Unmanned Systems

• o Removes legacy procurement rules, enabling officers with the rank of Colonel or Captain to independently procure and test drones
• o Creates a "dynamic, AI-searchable Blue List," cataloguing approved drone components, vendors and performance ratings
• o Accelerates weaponization approvals, requiring a response to drone arming requests within 30 days of receipt

EU Urges Rapid Drone Production to Counter Russian Threat

Drones at the Forefront of the Self-Defense Forces' Modernization Efforts

German Military to Order Exploding Drones for the First Time, Sources Say

Indian Army Looks to Bolster Strength With Advanced Indigenous Drones

Source: Various news sources.

GLOBAL DEFENSE SPENDING IS REACHING NEW HEIGHTS…

The US Military is Placing New Emphasis on Low-Cost, High-Volume Drones and Backing It Up with Material Budget Dollars

Total US Defense Spending by Year

NATO's Reprioritization of Defense Spending Post-Ukraine Has Unlocked Billions in Spend on Next-Gen Warfare

Source: United States Under Secretary of Defense (Comptroller) FY2021 and FY2026 Defense Budget Materials, NATO press release titled "Defence Expenditure of NATO Countries (2014-2024)" and various news sources.

"We will power a technological leapfrog, arming our combat units with a variety of low-cost drones… Drone dominance is a process race as much as a technological race."

– Pete Hegseth US Secretary of Defense, July 2025

"You see now \$400 Ukrainian drones taking out multi-million dollar, in terms of cost, Russian tanks… Speed is of the essence, not perfection, to get these new technologies in."

– Mark Rutte NATO Secretary General, January 2025

… LEADING TO MULTI-BILLION DOLLAR TOTAL ADDRESSABLE MARKETS FOR UNMANNED SYSTEMS

Source: Technavio and Global Market Insights. Note: Small Drones are those weighing less than ~25 kg.

FIELD-PROVEN SOLUTIONS WITH BROAD MISSION RELEVANCE

2–3

New Products Generally Launched Annually

150+

Active Customers,(1) Up From ~100 at the Beginning of 2024

30+

Countries Fielding NextVision Products (2)

Field-Proven

Technologies In Use Around the Globe

NextVision Products in Action

NextVision's Cameras Integrated on BRINC's Responder Platform, the First Ever Purpose-Built 911 Response Drone

NextVision Products Are Spec'd-In on Uvision's HERO Family of Loitering Munitions, Ensuring Operator Visibility

NextVision's High-Fidelity Camera is Seamlessly Integrated on Quantum Systems' Multi-Sensor WASP Stealth Platform

(1) Active Customers defined as those customers that NextVision sells to in a given period. (2) Countries Fielding NextVision Products is as of June 30, 2025.

TRUSTED BY THE MOST DEMANDING CUSTOMERS ACROSS A BROAD MISSION SET

EXPONENTIAL REVENUE GROWTH FUELED BY UNMANNED SYSTEMS DEMAND

NextVision YoY Growth

Over 73% in 2022

Over 99% in 2023

Over 121% in 2024

Future Potential Revenue Drivers

• o Step-Change Growth in NATO Defense Spending
• o Global Prioritization of Low-Cost, Attritable Systems
• o Superior Product Offerings vs Closest Competitors

Note: 2025 Revenue Target represents target set by NextVision Board of Directors and is not an estimate or projection.

ROBUST BACKLOG AND DEEP CUSTOMER RELATIONSHIPS DRIVE ENVIABLE FINANCIAL POSITION

(1) Active Customers defined as those customers that NextVision sells to in a given period. (2) H1/2024 Order Backlog as of August 12, 2024. H1/2025 Order Backlog as of August 10, 2025.

H1 2025 FINANCIAL HIGHLIGHTS

(USD, Thousands)	6 Months Ended 6/30/2025	6 Months Ended 6/30/2024	12 Months Ended 12/31/2024
Key Income Statement Items
Revenues	\$73,243	\$55,278	\$114,934
Cost of Sales	(20,198)	(15,933)	(32,044)
Gross Profit	\$53,045	\$39,345	\$82,890
R&D	(2,276)	(1,199)	(2,517)
SG&A	(5,559)	(4,086)	(7,369)
Operating Profit	\$45,210	\$34,060	\$73,004
Net Profit	\$43,796	\$30,423	\$66,396
Key Cash Flow Item
Capex	\$210	\$71	\$432

Note: Complies with IFRS. Financials for 12 months ended 12/31/2024 audited. Financials for 6 months ended 6/30/2024 and 6/30/2025 unaudited.

STRATEGIC PILLARS UNDERPINNING OUR CONTINUED GROWTH STRATEGY

SUMMARY OFFER DETAILS

Issuer	Next Vision Stabilized Systems Ltd. o
Offer Structure	Security Type: Ordinary shares o Ticker: NXSN-IL o Listing: TASE (Tel Aviv Stock Exchange) o Offer Type: 100% primary (without pre-emptive rights) o	Use of Proceeds	Fund strategic growth initiatives, including the pursuit o of potential mergers and acquisitions aligned with its core business areas, general working capital and corporate purposes and R&D
	Raising gross proceeds of approximately \$400M o
Distribution	Rule 144A / Regulation S / Israeli Registered Offering o	Banking Syndicate	Sole Global Coordinator & Bookrunner: Jefferies o Sole Local Manager: Leader Capital Markets o
Lock-up	Company: 90 days o Directors / Officers: 90 days o