Electreon Wireless Ltd. — Investor Presentation 2020

Aug 23, 2020

ELECTRESON CHARGING THE WAY FORWARD

LEGAL DISCLAIMER

The following applies to the presentation with respect to Electeon Wireles LTD and its subsidiaries and affiliates (collectively, the "Company"). In accessing the presentation, you agree to be bound by the following terms and conditions.

The presentation does not constitute of form part of the solicitation of an offer to subscribe for or purchase the securities of the Company, and nothing contained there in or be relied on in connection with any contract or commitment whatsoeve, nor does it constitute a recommendation regarding the securities . The presentation is a summary only and does not exhaust all of the information regarding the Company and its business, nor is it a substitute for including to 2019, the Company's current reports and the presentations released the GA via the Magna distibution site (he "Public his presentation is incomplete, is subject to and does not replace the Public Information. This presentation shall not be relied upon and shall not be obligation, including with regard to the completenss or accuracy of the information included therein. The presented differently as to the way it has been pesented in the public reports of the Company up to this day viz, his presentation may include data reserted and or segmented differently from the way it is included in the Company s periodic and curent reports. The presents a set of cala including data that is presentation and has not yet been included in the Company's reports or have not yet been presented in the presentation, and which are correct to the Company's howledge as of the date on which the data is presentation includes data and information based on the Company's subjective assessments, estimates and therefore this data and information should be treated accordingly.

This presentation includes forecass, estimates and other information pertaining to thure events and or matters, whose materialization is uncertain and is beyond the Company's control, and which constitute in the Securities Law, 572-966. Such information nay not materialize, in whole or in part, or may materialize in a manner significantly of breast. Forward-loking information is based soley on the Company's ubjective assessment, based on facts and data regarding the current condition of the company is tast and figures, all as known to the Ume of preparation of this presentation. The materialization of the boward-coking information will be affected, inter all, by risk bactors characteristic of the Company s activity as well as by delepments in market conditions and in external foctors affecting the Company's octivity, including technological change, changes in binding regulation, charges, changes in competition, non-completion of the Company's research and development, decrease of demand for the Company's products and the required opprovals and other such events which cannot be estimated in advance and which are beyond the Company's control. The Company does and or change any such forecast and or assessment to relect events and or circumstances postdating this presentation.

This presentation includes information that is baces and studes, which have not been independently reviewed by the Company. This information shall consit as general and not hinding information. The Company's none of the Company's ag-to-day management and / or setting its goals and strategy. All numbers and figures in this presentation are approximate.

Anyone reading the presentation must read it in the periodic report of the Company for 2019, which was published on April 26, 2020 (reference number: 2020-01-04784) and the current released thereby, as reported to the SA via the Magna distribution site

COMPANY PROFILE

ElectReon is a publicly traded Israeli company

Fully owned subsidiary in Sweden

Last round ~\$50M (June / 2020)

Market cap ~\$483M (30/6/2020)

Leader in wireless dynamic charging for all electric vehicle types

Three ongoing projects in Israel, Sweden and Germany

19 patents (registered & pending)

ELECTRO-MOBILITY FIGHTS POLLUTION

Global and urban pollution from transportation is on the rise, and the need for a scalable solution is urgent

• · So far, 14 countries, representing over 50% of total vehicle market unit sales, have declared a ban on new internal combustion engine vehicle sales by dates ranging from 2020 to 2040
• A growing number of cities are implementing policies to promote clean public and private transportation
• · Market penetration of EV is projected to increase significantly in coming years

EV share of annual vehicle sales by segment

Source: BloombergNEF. Note: Passenger car and bus figures are global. Commercial vehicle segment adoption figures cover the main markets of China, Europe and the U.S.

CHALLENGES

Public transportation, fleet operators and heavy duty trucks are required to shift towards electrification

Batteries are the main constraint:

• · High CAPEX -
• · Large batteries are expensive
• · High charging infrastructure investment
• · Allocation of real-estate for charging infrastructure

· High OPEX -

• · Large batteries are heavy up to 7 tons (on the account of cargo/ passengers capacity)
• · Range limitation

Croin

• · Degredation
• · Decreased utilization downtime during charging
• · At scale, has a high toll on electric grid connection
• · Environmental impact battery manufacturing and recycling processes are highly polluting

Minimal battery size and weight:

• · Lower CAPEX
• · Increased energy efficiency and passenger/cargo capacity

EVs with minimal batteries are the most environmentally sustainable solution*

ELECTREON'S SOLUTION THE WIRELESS CHARGING WHILE DRIVING

Customized charging power based on each EV requirements

CON NG THE WAY FORWAR

Shared infrastructure

000

No visual impact

BEFORE

AFTER -

TECHNOLOGY ELECTREON - WIRELESS DYNAMIC CHARGING

Management unit on the side of the road transfers the energy from the electric grid to the road infrastructure

Receivers are installed on the floor of every vehicle to transmits the energy directly to the engine and the battery. Driver habits are not affected

Infrastructure of copper coils covered by rubber

TECHNOLOGY ELECTREON - WIRELESS DYNAMIC CHARGING

Real-time management system provides fleet orchestration and smart data on all vehicles: metering, monitoring, location, state of charge and energy management

ELECTREON'S SOLUTION CHARGING AS A SERVICE

Significant savings on batteries- decrease of up to 90% in battery size*

No need to finance, build and operate complicated charging infrastructure

Eliminates range anxiety and dependency on battery performances

Optimized fleet size

Fleet management services

ElectReon offers a cost effective solution - Charging as a Service per use only

TARGET USE CASES

· Cities

• · Base user buses
• · Additional users fleets of delivery trucks, shuttles, taxies, municipality service

• Highways/Ports/Industrial zones

• Base users long haul/drayage trucks
• · Additional users- intercity buses and passenger EV
• Only a combined solution of dynamic electric roads in cities and inter-city roads can provide 100% electrification
• Dynamic electric roads are optimal for continuous driving of autonomous vehicles™

ONGOING PROJECTS TEL AVIV PILOT

• · Urban e-bus shuttle, charged by a wireless electric road system
• · 600m long electric road, part of a 2km route between train station and Tel Aviv University in Israel
• · A static charging station, to be used by the bus in between rounds
• · Majority of the project is financed by the Israel Innovation Authority · Project scope: \$2.9M

ONGOING PROJECTS SMARTROAD GOTLAND

• · The world's first wireless electric inter-city road system charging of an e-bus and an e-truck
• · 1.6 km long electric road, part of a 4.1 km route between the airport and town center of Visby on Gotland island, Sweden
• · Majority of the project is financed by the Swedish government to reduce CO2 emissions from heavy transportation
• · Project scope: \$12M

ONGOING PROJECTS ENBW PILOT

• · E-bus shuttle, charged by the first wireless electric road system (ERS) in Germany
• · The wireless ERS will power a bus line that will connect the new EnBW training centre in Karlsruhe's Rhine harbour to the local public transport system
• · The bus will be operated by the Karlsruhe Transport Company -VBK, the municipal transport company of the city of Karlsruhe

TECHNOLOGY READINESS INFRASTRUCTURE

Training session for EU partners in Israel

11/2019

First deployment on a public road in Sweden

NEAR TERM OPPORTUNITIES

The Company's near tern opportunites constitue forward-ooking internet on materialize, in whole or in part,
or may materialize in a manner significant from such brecat.
The

ELECTREON EXPECTED REVENUE STREAMS

• · Sales of equipment/licenses
• · Project integration and setup
• · Operation and maintenance fees
• · Infrastructure fees/ROI in cases where ElectReon partakes in a PPP project consortium
• · Providing smart data to government/city/grid/EV operator
• · Expanding services to other types of EVs, such as delivery trucks, shuttles, private

The Company's expected revens consitiue forward-ooking information, which may not materialize, in whole or in part,
or may materialize in a manner significantly the legal dis

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