ELSIGHT LIMITED — Investor Presentation 2017

Nov 26, 2017

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INVESTOR PRESENTATION

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DISCLAIMER
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This presentation has been prepared by Elsight Limited. (“Elsight” or the “Company”) based on information available to it as at the date of this presentation. The information in this presentation is provided in summary form and does not contain all information necessary to make an investment decision.

This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in Elsight, nor does it constitute financial product advice or take into account any individual’s investment objectives, taxation situation, financial situation or needs. An investor must not act on the basis of any matter contained in this presentation but must make its own assessment of Elsight and conduct its own investigations. Before making an investment decision, investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. Elsight is not licensed to provide financial product advice in respect of its securities or any other financial products. Cooling off rights do not apply to the acquisition of Elsight securities.

Although reasonable care has been taken to ensure that the facts stated in this presentation are accurate and that the opinions expressed are fair and reasonable, no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Elsight its officers, directors, employees and agents, nor any other person, accepts any responsibility and liability for the content of this presentation including, without limitation, any liability arising from fault or negligence, for any loss arising from the use of or reliance on any of the information contained in this presentation or otherwise arising in connection with it.

The information presented in this presentation is subject to change without notice and Elsight does not have any responsibility or obligation to inform you of any matter arising or coming to their notice, after the date of this presentation, which may affect any matter referred to in this presentation.

The distribution of this presentation may be restricted by law and you should observe any such restrictions.

This presentation contains certain forward looking statements that are based on the Company’s management’s beliefs, assumptions and expectations and on information currently available to management. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results or performance of Elsight to be materially different from the results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the political and economic environment in which Elsight will operate in the future, which are subject to change without notice. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecast. To the full extent permitted by law, Elsight and its directors, officers, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates or revisions to information to reflect any change in any of the information contained in this presentation (including, but not limited to, any assumptions or expectations set out in the presentation).

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Company Overview
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o Operating since 2009

• Innovative Multichannel technology providing live video, audio and other data transmission with unprecedented reliability, security and bandwidth

• Multichannel product extends existing bandwidth capabilities, reliability and security of transmissions through aggregation of an unlimited number of network links with nearly zero latency, even during physical movement from one geographic location to another

• Already generating Significant Revenues

• Market leaders in video compression and optimisation

• Exclusive supplier of Multichannel systems to Homeland Security Office, Israeli Police and the Office of the Prime Minister of Israel

• Pipeline of more than 30 commercial projects

• Team members consist of former IDF (Israeli Defence Forces) special tech division and special forces

• Blue Sky opportunity from emerging Autonomous Vehicles, Telemedicine, Drones and Broadcasting verticals

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Meet Our Team
Experienced Management and Board – Military and Technology Background
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NIR GABAY

Managing Director

Nir Gabay has more than 20 years experience in communications, security and surveillance including a mobile cellular provider, local municipality, and high tech companies. During the past ten years Nir has been involved in a number of technological and business achievements among them, is the establishment of ElSight Ltd, which became a dominant player in live video/audio other data transmission from the field.

MAJ. GEN. (RET.) AMI SHAFRAN

Non-Executive Chair

Former Head of IDF’s ICT (C4i and Cyber) Command. Head of the Centre for Cyber Technology at Ariel University. Over the course of his extensive career Shafran held numerous prestigious and prominent positions in the Defense and Intelligence forces of the IDF, including IDF’s Chief Scientist, Chief of Staff of the Ministry of Defense, and the R&D Attaché at the Israeli Embassy in Washington DC.

DAVID FURSTENBERG

Non-Executive Director

Held various senior CEO, Chairman, Board member and VP Global sales positions in a number of publicly traded and privately owned companies such as Comverse (NASDAQ: CNSI) and Audiocodes (NASDAQ: AUDC), Enure and Vista (a subsidiary of Israel Aerospace Industries) and most recently active Chairman at NovelSat and CEO at InsurBit. Specializes in high-tech company’s turnaround through product and market repositioning.

ROEE KASHI

VP Research & Development

Roee has over 9 years of experience and expertise in building and developing digital video systems, some of them in the IDF. Roee has been responsible for some major technological achievements including the development of the core software on ElSight that is responsible for video encoding and transmission, user interface design and construction of the system, etc. Roee serves as the Vice-President of El-Sight Israel, responsible for research and development of existing and new products, where the Company considers his previous experience and knowledge in founding El-Sight Israel and building the existing products will serve the Company moving forward.

DR ANTON UVAROV

Non-Executive Director

Anton has significant experience as an equity analyst both in Australia and overseas. Prior to moving to Australia, he was with Citigroup Global Markets, New York. Upon moving to Australia he spends his time as a corporate advisor and investor, having played key roles in several M&A and reverse takeover transactions.. Dr Uvarov is currently an Executive Director of Neuroscientific Biopharmaceuticals and Founding Director of Renaissance Equities, an investment firm with the focus on technology companies based in Israel and North America.

HOWARD DIGBY

Non-Executive Director

Howard began his career at IBM and has spent 25 years managing technology related businesses in the Asia Pacific region. More recently, he was with The Economist Group as Regional Managing Director. Prior to this, he held senior regional management roles at Adobe and Gartner. Upon returning to Perth, Howard spends his time as an advisor and investor, having played key roles in several M&A and reverse takeover transactions. Mr. Digby is a non-executive Director of 4DS Memory Limited (ASX:4DS), an advisor to several private startup technology businesses and Founding Director of Renaissance Equities.

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Capital Structure
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• Performance Milestone A: upon achieving aggregate revenue of AU$1,000,000 in a year from the sale of products for broadcast or to consumers or to manufacturers of consumer or safety products or any business in the distribution chain of consumer or safety products

TOP 10 SHAREHOLDERS

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||||||
|---|---|---|---|---|
|NIR GABAY|26,052,974|31.25%|
|o|Performance Milestone B:|upon achieving aggregate revenue of|
|AU$4,000,000 in a year from total sales of products|
|LEARNICON LLC|13,600,304|16.31%|
|o|Performance Milestone C:|upon achieving aggregate revenue of|
|AU$10,000,000 in a year from total sale of products|
|INTERVEST HK LTD|3,250,000|3.90%|
|JP MORGAN NOMINEES|3,177,499|3.81%|Issued Capital|Metrics|
|ROEE KASHI|2,894,775|3.47%|Total shares on issue|83.4 million|
|GNAT PTY LTD|2,641,999|3.17%|Shares escrowed (6-24 mos from IPO)|54.9 million|
|FINELINE PCB (CYPRUS) LTD|2,125,000|2.55%|
|Share Price|$1.51|
|ANTON UVAROV|1,708,334|2.05%|Market Capitalisation|$125.9 million|
|Cash (as of September quarter)|$1.9 million|
|HOWARD DIGBY|1,708,334|2.05%|
|Enterprise Value|$124.0 million|
|AWZ HLS INVESTMENT|1,500,000|1.80%|
|FUND|
|Options (ex price $0.30c, 24mos escrow)|7 million|
|TOP 10 TOTAL|58,659,219|70.35%|
|Performance Options (ex price $0.20, 24mos escrow)|30 million|
|Management Options (ex price $0.20 voluntary escrow)|8.6 million|

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PRODUCT FAMILIES

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Elsight Multichannel
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• Combines top video encoding technology with top transmission technology.

 Aggregates several 3G/4G links, Wi-Fi, satellite or any ETH connection into a secured wide-bandwidth network pipe.

• Automatically adjusts video encoding parameters according to the total network availability.

 Chosen by the Defense and Police departments around the world as the most secured live transmission solution among all others (mobile video transmission tenders).

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Multichannel as a Network Solution
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 The highest quality transmission of the video, voice and data in real time from the field to the decision makers  Creates secured VPN tunnel between all Multichannel end-points and the server ensuring highest level security  Acts as a network hub for connecting other Elsight products.

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VPN
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Multichannel in a Back Pack
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• Elsight’s dedicated light-weight Back Pack for live video transmission from the field contains:

• Multichannel

• Energy for several hours

• Small video camera

• Analog/HD input

• Two-way voice communication

• Suitable for various applications and verticals

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Mobile DVR /NVR Series
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 Rider series are designed to fit into any vehicle where high quality video recording and live transmission are essential to fulfill the proper surveillance purposes.

 Elsight’s DVR/NVR products offers excellent encoding resolution (WD1) on all channels (4/8) for transmission or recording, Wi-Fi automatic off load of recorded files, storage Hard-Disk Shock vibration proof, 2-way audio between the Command and Control Center and the vehicle where it is installed into.

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Wearable Video Transmitter – MA2016
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• Tactical Wearable Video Transmitter –MA2016 transmits video and audio stream via 3G / 4G mobile or Wi-Fi networks

• With the built-in GNSS module, blue tooth module and high-definition internal camera, the MA2016 provides multiple functionalities, such as device positioning, picture capturing, video and audio recording, and more.

• Water-proofing and shock resistance (IP66)

• Supports full duplex two-way audio

• 16G internal storage space and 32GB Micro SD card slot

• Built-in GPS module

• Panic button

• Internal G-Shock alarm

• Automatically switch to power saving mode

• Up to Full HD recording and transmission

• Fingerprint security protection

• Secured Server connection – VPN

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Cameras
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 Large selection of IP or Analog cameras

 Ability to connect PTZ cameras

• Supports thermal cameras

 Selection of wearable cameras including cameras mounted on helmets, or pin/body surveillance cameras

• Can be connected to existing perimeter cameras

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Commander360 – Elsight Control Center
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• Central Based System: all system clients and modules are connected to the main server, synchronized and limited according to permissions

• Video Distribution: video stream pulled from the field is duplicated and distributed to multiple viewers without affecting the source quality

• Video Dispatch: operator can dispatch video stream to remote passive clients such as an intervention team headed to the scene

• Shared Information: alarms, video tags, log book and GPS notifications are all displayed and shared among all (permitted) clients

• Quick Record & Analyze: direct access and debriefing from 3 recordings sources – remote device, recordings server and local client PC

• Flexible License: Each module can be licensed separately to gain revenues

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Commander360 Platform - VMC
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Easy and intuitive drag & drop from Supports live video feeds from 64 the devices list to the video areachannels simultaneously

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Commander360 Platform – GPS Services
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• Online location tracking

• Two-way voice PTT communication

• Live video on map

• Alarms popup

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Front Camera
Rear Camera
Slide Door Camera
Stock Camera
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VERTICALS & SOLUTIONS

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Broadcasting
Our Verticals
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Logistics

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HLS & Defense

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Telemedicine

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Drones

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Autonomous Vehicles

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HLS and Law Enforcement
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 Transmits video from the field right to the decision makers in real time

 Provides 4 level security suited for tactical operations

 Redundant, always on operation

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Transportation & Logistics
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 Full 360 degree view of the Vehicle

 Live transmission on alert

 Prevents thefts and crimes

 Piece of mind and security

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Broadcast
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• Broadcast quality HD video

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• Transmit image from camera in real time to broadcast station

• Real news available in real time

• Easy and simple to use

• Light weight comfortable to carry

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Drones
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 Transmits image from drone’s receiver in real time anywhere

 Broadcasts highest quality HD video

 Plug & Play integration

 Light weight comfortable to carry

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Autonomous
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 Next generation autonomous cars requires high bandwidth, highly secured two way connectivity in real time with Redundancy.  Elsight’s innovative technologies are perfect solution for Mobile, Reliable & Secured real-time data transfer

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Telemedicine - SmartMedicase
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 Complete solution for emergency services in one suitcase  highly available transmission with the highest security levels  Transmits the real time patient info and video to allow fast decision making by doctors saving lives  Simple to use and fitting for any type of weather conditions

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THANK YOU

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RM Corporate Finance

Nathan Barbarich +61 8 6380 9200 +61 (0) 403 185 194 nbarbarich@rmcf.com.au

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