Electreon Wireless Ltd. — Investor Presentation 2021

Oct 6, 2021

The Road to the Future of EV Charging

Investors Webinar Oct, 2021

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ELECTREON

Oren Ezer Co -Founder & CEO

Legal Disclaimer

The following applies to the presentation with respect to Electreon Wireless 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 or form part of, and should not be construed as an offer or the solicitation of an offer to subscribe for or purchase the securities of the Company, and nothing contained therein shall form the basis of or be relied on in connection with any contract or commitment whatsoever, nor does it constitute a recommendation regarding the securities. The information included in this 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 inspection of the Periodic Report for 2020, the Company's current reports and the presentations released thereby, as reported to the ISA via the Magna distribution site (the "Public Information"). The information contained in this presentation is incomplete, is subject to and does not replace the Public Information.

This presentation shall not be relied upon and shall not be construed as any representation or obligation, including with regard to the completeness or accuracy of the information included therein. The presentation may include information presented differently as to the way it has been presented in the Public Information, viz., this presentation may include data presented and/or characterized and/or edited and/or segmented differently from the way it is included in the Public Information. The presentation presents a set of data (including data that is presented in the presentation and has not yet been included in the Company's reports or have not yet been presented in the manner presented in the presentation, and which are correct to the best of the Company's knowledge as of the date on which the data is presented). This presentation includes data and information based on the Company's subjective assessments, estimates and expectations and therefore this data and information should be treated accordingly.

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All numbers and figures in this presentation are approximate.

Anyone reading the presentation must read it in conjunction with the periodic report of the Company for 2020, which was published on March 29, 2021 (reference number: 2021-01-049917) and the current reports and the presentations released thereby, as reported to the ISA via the Magna distribution site.

The World is Going Electric

Global EV Sales Were Up 160% in H1, 2021

...Driving Fleet Owners to Develop Electrification Plans

Source: The international council on clean transportation (Growing momentum: Global overview of governments targets for phasing out sales on new internal combustion engine vehicles, November 2020), BloombergNEF (Electric Vehicle Outlook 2020).

THE PROBLEM

Existing plug -in solutions limit current fleet operations, require additional real estate allocation, are not future -proof, and result in high Total Cost of Ownership (TCO)*

*Future proof – wireless charging fits AVs

Move to an invisible shared charging platform tailored to the fleet 's operational needs, that requires no above -ground real estate, is future proof, lowers TCO and requires no upfront capital requirement

The ElectReon Product Suite

Introducing highly advanced wireless charging solutions for every location

Dynamic Charging

For vehicles in-motion along their daily routes, e.g. buses and P2P truck routes

Semi-dynamic Charging

For slow-moving vehicles e.g. queuing taxis, entry/exit to logistics hubs and ports

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Static Charging

For stationary charging e.g. bus stations/terminals, loading docks and parking lots

To the best of the company's knowledge - ElectReon is the only company to have demonstrated its wireless charging solution in real public roads

ElectReon' s Wireless Charging System

Management Unit Above-ground or underground Safely transfers energy from the grid to the charging infrastructure

Roadway Infrastructure

Under-road copper coils Transfer power to the vehicles' receivers

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Vehicle Receiver(s)

Transmit energy directly to battery and engine

Real-time Management

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System

The cloud system meters, monitors and manages optimal EV charging at fleet scales

Scalable architecture - supports up to 60 vehicles per Management Unit

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ElectReon's Wireless Charging Offers Smooth EV Transition

Eliminating the headache of fleet electrification

Shared Platform for All EVs

No Visual Impacts with Minimum Real Estate Use

Easy Development

Simple Vehicle Integration

Battery & Vehicle Manufactuer Agnostic

Scalable & Modular Infrastructure

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Focusing on fleets that drive longer distances and consume large amounts of energy

Source: Hydrogen Scaling Up – a sustainable pathway for the global energy transition (Hydrogen Council, Nov. 2017). 1. Focusing on taxis and commercial vehicles.

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Target Market Segmentation

SHORT-TERM

Products

Stationary (static) charging stations Semi-dynamic (slow-moving) charging stations

Customer Segments

Buses – at terminals/stations Taxis – at taxi stands/queues Last-mile delivery fleets – at loading docks & entry/exit points

Advantages

Private companies and land owners – quick wins CaaS business model – favored by clients Only company in field to be able to deliver a solution for every segment*

*To the best of the company's knowledge - ElectReon is the only company to have demonstrated its dynamic wireless charging

Products

Wireless Electric Road Systems (ERS)

Customer Segments

P2P fleets – logistics fleets, buses, then all road users

Advantages

Only company in the world with proven wireless dynamic solution in real public roads

Market Opportunities US

One-mile wireless Michigan RFP

Europe

Sweden – 2,000 km by 2030, Germany – 4,000-8,000 km on autobahn network, France – plans to begin 4,000 km by 2026, Italy – phase 1 of 140 km begins Q4, 2021

Huge Interest From OEMs to Collaborate

Integrating ElectReon 's Wireless Charging Platforms

Publically Disclosed Collaborations

• Renault private vehicles
• Stellantis 2 private vehicles
• Voltswagen a van
• Iveco a bus
• Higer 3 buses
• Eforce a truck

Tier 1 Collaborations -Under NDA

• R&D vehicle integrations with tier 1 OEMs currently underway
• 4 advanced discussions with tier 1 OEMs
• Growing pipeline of OEMs who approached us

Commercial -Sales Enabled R10 approval received last month CE approvals in final stages

LIVE PILOT UPDATES

Current Target Markets Focus

Current Pilot Project Updates

Validating offering in live public projects across Europe & MENA

2022 US Demo

Utah

50m showcase of dynamic electric charging road for trucks and passenger vehicles

Gotland Island Project

Use Case: Electric truck and bus Status: Live and operational one-mile stretch Near-term opportunity: Tender release for next section of ERS pilot expected by Dec 2021

BASt Project

Use Case: Electric Van

Status: Pre-deployment planning work and vehicle integration planning Next Steps: Deployment expected in H1, 2022

Karlsruhe Project

Use Case: Electric bus

Status: Static charging station and 100m of dynamic at EnBW facilities deployed,

Near-term opportunity: 500m dynamic deployment

Lombardy Project

Use Case: Electric bus and private vehicles Product: Dynamic wireless charging Status: Pre-deployment work underway, infrastructure shipped to site Next Steps: Deployment and launch expected in November, 2021

Use Case: Electric public bus Status: Pilot launched Next Steps: Planning of 200-bus charging at Tel Aviv terminals commercial project

Company Updates

Deal with Dan Bus Company will be a world class showcase of our wireless charging technology

• 5-year project to charge 200 buses across Dan terminals in Tel Aviv and Southern District
• Phase 1 - charging 50 buses at Central Tel Aviv terminals
• Expansion of ongoing strategic collaboration with Dan Bus Company
• Validates CaaS business model – Dan will pay monthly fee of 770 USD p/bus p/month

Other Company Updates President Rivlin joined as company president

The Road to the Future of EV Charging

Investors Webinar Oct, 2021

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ELECTREON

Oren Ezer Co -Founder & CEO