Enter Presentation Title Here Company Presentation

Enter Presentation Subtitle Here March 2021

Date Name

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 2019, 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 reports of the Company up to this day, 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 Company's periodic and current reports. 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.

This presentation includes forecasts, estimates, assessments and other information pertaining to future events and/or matters, whose materialization is uncertain and is beyond the Company's control, and which constitute forward-looking information, as defined in the Securities Law, 5728-1968. Such information may not materialize, in whole or in part, or may materialize in a manner significantly different from such forecast. Forward-looking information is based solely on the Company's subjective assessment, based on facts and data regarding the current condition of the Company's business and macroeconomic facts and figures, all as known to the Company at the time of preparation of this presentation. The materialization or nonmaterialization of the forward-looking information will be affected, inter alia, by risk factors characteristic of the Company's activity, as well as by developments in the general environment, in market conditions and in external factors affecting the Company's activity, including technological changes, changes in binding regulation, changes in standards, lack of funding sources, changes in competition, non-completion of the Company's research and development, decrease of demand for the Company's products and their prices, failure to obtain required approvals, and other such events which cannot

be estimated in advance and which are beyond the Company's control. The Company does not undertake to update and/or change any such forecast and/or assessment to reflect events and/or circumstances postdating this presentation.

This presentation includes information that is based on external sources and studies, which have not been independently reviewed by the Company. This information shall consist as general and nonbinding information. The Company's management relies on external publications as part of the Company's day-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 conjunction with the periodic report of the Company for 2019, which was published on April 26, 2020 (reference number: 2020-01-041784) and the current reports and the presentations released thereby, as reported to the ISA via the Magna distribution site.

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The World Is Going Electric

Scalable and sustainable EV charging solution is required

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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), BloombergBNF (Electric Vehicle Outlook 2020).

Fleet Owners Challenges in EV Transition

CAPEX requirements for charging infrastructure and big real estate footprint

CAPEX & Real Estate Scalability of Batteries Grid Dependency

Size, weight and price; battery degradation with fast charging

Cost and complexity of grid connections and high energy demand during peak hours

High operating costs, time cost of plug-in charging, fleet underutilization due to downtime required to charge; not AV compatible

Efficiency & Future Proofing Shared Charging Infrastructure

No one charging solution fits all; different vehicle types and sizes each require different solution

No scalable and sustainable charging solution to suit every fleet type

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Existing Plug-In EV Charging Solutions Are Not Scalable and Sustainable

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Existing solutions compete on charging time and are not Autonomous Vehicle-compatible

Wireless EV charging Solutions will facilitate and accelerate fleet transport electrification by reducing total cost of ownership and increasing ease of use

ElectReon is an Established Market Leader

ElectReon's Mission

Accelerating the world's transition to electric transport by leveraging existing road infrastructure and ElectReon's proprietary wireless charging technology to eliminate range anxiety and lower total costs of electric fleet ownership

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The ElectReon Product Suite

Introducing the most advanced wireless charging solutions to meet a wide variety of customer needs

Dynamic

For vehicles in-motion along their daily routes, for infinite continuous driving

Semi-dynamic

For slow-moving vehicles e.g. queuing taxis waiting for passengers, entry to logistics hubs and ports, and traffic lights

Static

For stationary charging e.g bus terminals at the end of bus/P2P routes, depots and loading docks, on-street parking & car parks

ElectReon Wireless Charging Technology

Road Infrastructure

Copper coils under road surface transfer power to vehicle receiver.

Vehicle Receiver

Installed in every vehicle to transmit energy directly to engine and battery. No driver intervention required.

Management Unit

Installed under or at the roadside. Safely transfers energy from the electric grid to the road infrastructure.

Real-time Management System

Provides fleet orchestration & smart data on all vehicles. Meters, monitors and manages optimal EV fleet charging.

Technology Roadmap to Global Leadership In all road vehicle categories and charging states*

Company Deck * This slide contains forward-looking information, as defined in the Securities Law, 5728-1968, and therefore must be read with the legal disclaimer on slide 2.

The Steps on the Road to Commercialization*

Restricted - External 1 Company Deck * This slide contains forward-looking information, as defined in the Securities Law, 5728-1968, and therefore must be read with the legal disclaimer on slide 2.

ElectReon's Projects

Current company projects and near future opportunities*

Gotland Island Project

Use Case: Electric bus and Electric heavy duty truck
Product:: Dynamic wireless charging
Status: Pilot has been launched with an electric truck and electric bus
Next steps: National tender for deployment of the electric road system on a 30km road used by trucks

Karlsruhe Project

Use Case: Electric bus
Product:: Dynamic and static wireless charging
Status: Static wireless charging system has been deployed
Next Steps: Deployment of the dynamic wireless charging system

BASt Project

Use Case: Electric Van
Product: Dynamic and static wireless charging
Status: Pre-deployment; expected deployment in H1 2022
Next Steps:National tender for deployment of the electric road system

Tel Aviv Project

Use Case: Electric public bus
Product:: Dynamic and static wireless charging
Status: 700m pilot has been launched with a public electric bus
Next Steps: Tenders for deployment of the electric road system

Lombardy Project

Use Case: Electric heavy duty vehicle
Product: Dynamic wireless charging
Status: Pre-deployment; expected deployment in H2 2021
Next Steps: Tender for deployment of the electric road system on both sides of A35 toll road (~70 km each)

Country in which ElectReon has projects Focus for near future opportunities

Strong Global Partners Facilitate Global Expansion with Demonstrated Commercialization Capability

Strong Global Partners Facilitate Global Expansion

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ELECTREON

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Focus on Fleets

Focusing on fleets that drive longer distances and consume large amounts of energy, allowing them to join the electrification revolution at lower costs with maximal utilization

Source: IEA Energy Technology perspectives, HIS Portfolio of Power-Trains for Europe (2010); Thiel (2014), Hydrogen Council. 1. In fleet and autonomous vehicle applications.

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Fleet Segment

ELECTREO

Urban bus fleets

Use Case

Static charging at depot and terminals and dynamic charging along the route

Market Opportunity

~882k units

Total addressable charging units market size by 2030

~\$15B

Annual addressable charging segment market value by 2030

Source: Figures based on EY fleet Electrification Report, 2021 Statistica - Total US bus registrations

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Wireless Bus Charging Lowering total fleet ownership costs*

Charging Stations Cost (per up to 90 Kwh, per 10 buses) Total Maintenance Costs (annual)

Minimum Investment, Maximum Charging

Lower capital costs

Lower maintenance costs

enabled by underground and robust infrastructure

Option for additional 40% vehicle cost reduction

by adding dynamic charging to charging mix and reducing vehicle battery capacity

Delivering Best in Class Performance

Enables 24/7 fleet operation with unlimited range No lost real estate changes or visual changes No change to driver or fleet operational behavior required Manage entire depot charging needs with just 1 MU* enabling reduced capital investment

*MU - Management Unit

Restricted - External * This slide includes forward-looking information, which is based on the Company's forecasts and estimates made in accordance with the information and data the Company currently holds. Such forward looking information may not materialize, in whole or in part, or may materialize in a manner significantly different from such forecast. Therefore such information must be read while considering the legal disclaimer on slide 2 of this presentation.

Fleet Segment

Haulage and delivery fleets

Use Case

Static charging at loading docks of distribution facilities and semi dynamic charging at entry/exit queue

Market Opportunity

Total addressable charging units market size by 2030

~\$100B

Annual addressable charging segment market value by 2030

Source: Figures based on Mckinsey truck report, 2020 ELECTREO N

External

Company Deck Restricted

ELECTREO N ELECTREON

Wireless Haulage & Delivery Fleet Charging Lowering total fleet ownership costs*

Charging Stations Cost (per up to 90 Kwh, per 10 vehicles) Total Maintenance Costs (annual)

Minimum Investment, Maximum Charging

Lower capital costs

Lower maintenance costs

enabled by underground and robust infrastructure

Option for additional 40% vehicle cost reduction

by adding dynamic charging to charging mix and minimizing vehicle battery capacity

Delivering Best in Class Performance

Enables 24/7 fleet operation with unlimited range No lost real estate changes or visual changes Utilizes every available second to charge No change to driver or fleet operational behavior Manage entire depot charging needs with just 1 MU* enabling reduced capital investment

*MU - Management Unit

Company Deck

Restricted - External * This slide includes forward-looking information, which is based on the Company's forecasts and estimations made in accordance with the information and data the Company currently holds. Such forecasts may not materialize, in whole or in part, or may materialize in a manner significantly different than described. Therefore such information must be read while considering the legal disclaimer on slide 2 of this presentation.

Fleet Segment

Shared and on -demand MaaS fleets

Use Case

Static and semi -dynamic charging at taxi queues in urban transport hubs and dedicated parking areas

Market Opportunity

~3.3M units

Total addressable charging units market size by 2030

~\$66B

Annual addressable charging segment market value by 2030

Source: Figures based on Statistica ride hailing vehicle fleet

Wireless MaaS Fleet Charging Lowering ownership costs*

Minimum Investment, Maximum Charging

Lower capital costs Lower maintenance costs enabled by underground and robust infrastructure

Delivering Best in Class Performance

Enables 24/7 fleet operation with unlimited range Only at scale viable charging option for built up urban centers Fits existing driver and operational habits Zero driver intervention

no moving parts means no risks from theft, vandalism or daily use damage