Goto Ltd.

Investor Presentation • Sep 14, 2023

GoTo Global

Mobility as a service

September 2023

Disclaimer

The Information included in this presentation does not purport to be comprehensive or to contain all information on GoTo Global Mobility and its subsidiaries (the "Company"), and its business, and is given to you only for the provision of general, concise and preliminary information.

The information included in this presentation does not substitute for reviewing information about the Company and its business included in SHAGRIR GROUP VEHICLE SERVICES LTD financial reports as published on www.magna.isa.gov.il.

This presentation includes forecasts, estimates, assessments, and other information pertaining to future evets and/or matters. No representation or undertaking is given regarding the realization or reasonableness of any forecasts regarding the future chances of the Company. The forward-looking information in the presentation, as defined in the Securities Law, 5728-1968, may not materialize, in whole or in part, or may appear differently than expected, or may be affected by factors that cannot be assessed in advance.

This presentation is not an offer nor invitation to buy or subscribe for any securities of the Company. This presentation and anything contained herein is not a basis for any contract or undertaking and are not to be relied upon in such context. The information provided in the presentation is not a basis for the making of any investment decision, nor a recommendation or opinion, nor a substitute for the discretion of a potential investor.

This presentation has been prepared to provide preliminary information about the company to a limited number of prospective sophisticated and experienced investors, to assist them in determining whether they have an interest in investing in the company. No legally binding obligations will be created, implied, or inferred from this presentation.

The information in this presentation, which does not purport to be comprehensive, has not been independently verified as to accuracy or completeness by the Company. The presentation does not constitute or serves as a substitute for an audit, due diligence, or a similar review. It also does not purport to give or serve as a substitute for legal, tax, or financial advice.

With the exception of trademarks owned by the Company and/or trademarks which the Company has rights to use, any trademarks mentioned in this presentation are the property of their owners and are used in the presentation for the sole purpose of understanding the context.

Please notice that in his report on review of the Company's Q2 consolidated financial statements, the Auditor, without qualifying his conclusion, drawn attention to the Company's financial position in note 1c in the financial statements, and the plans devised by its management and board of directors in this context.

A True Pioneer Of Shared Mobility

Born over 15 years ago in Tel Aviv, GoTo is driven by the clear goal of unlocking the spirit and value of the sharing economy within the mobility space.

We've worked tirelessly and continue to reinvent ourselves, in line with market evolution, to prove that shared mobility is the future and can deliver true consumer convenience in a sustainable model!

Our Vision

We believe in cities free of congestion and pollution! Making access to vehicles simple and efficient and ownership an avoidable burden

Our Mission

To reinvent the wheels, empowering people to own their journeys, not vehicles.

2023> An exciting year so far!

H1 2023 Highlights

• Focus on Sustainable Growth & Profitability
• Recorded 7.3 % YOY revenue growth
  • 17% in Germany to 9.2M
  • 3.5% in Israel to 24.3M

.

• Registered positive EBITDA of 4.3M ILS for the first time in 5 years, +21M VS. last year
• Positive gross profit of 2.4M [VS. -1.2M last year]
• Trinity > net profit of 2.6M [VS. -6M last year]
• 32.7M cash in the bank, +4.6M VS. last year Israeli Shekels are used for all numbers

Huge opportunity: \$675BN global shared mobility market

Growth driven in part by EU cities policies to push away private cars from city centers

\$675BN global shared mobility market by 2025; \$134BN in EU

https://www.haaretz.com/israel-news/.premium-cabinet-to-impose-toll-on-cars-entering-tel-aviv-beginning-2024-1.10080993

Global shared mobility market (in billion of US dollars)

Sources: https://www.statista.com/statistics/1229470/shared-mobility-market-size-worldwide-by-region/ https://tfl.gov.uk/modes/driving/congestion-chargehttps://nypost.com/2019/04/08/london-has-started-taxing-older-cars-to-help-fight-air-pollution/ https://www.theguardian.com/cities/2018/nov/30/its-the-only-way-forward-madrid-bans-polluting-vehicles-from-city-centre https://www.thelocal.it/20200514/italy-offers-city-dwellers-up-to-500-to-buy-a-new-bike/ https://www.bloomberg.com/news/articles/2019-03-29/amsterdam-s-plan-to-eliminate-11-000-parking-spots https://slate.com/business/2021/09/paris-cars-bicycles-walking-david-belliard-anne-hidalgo.html

From car sharing >

Vehicles Lifecycle

Flexible Mobility From a single ride to a 36-month lease

One app giving you the asset you need for the duration you need it

GoTo Subscription

Democratizing MAAS.

Car Catalog

Supply sources:

Israel

Car sharing for business

2023 > Growth In Germany

The German Moped Landscape

After a highly competitive phase, the German shared moped market has been thrown into flux.

GoTo decided to acquire felyx Germany.

This development opens up a scenario that would see Emmy (GoTo Germany) acting as the sole operator in three key German cities (Berlin, Hamburg & Munich).

Outcome Of The Deal For Emmy

2023 H1 Vs. 2022 H1

Germany Main KPI

*In Euro ,

The German opportunity

• Focus on B2B and delivrey
• Potsdam Launch
• Adding subscription car service through a JV with the car operator
• Sixt Sharing Platform integration
• Contracting new co-branding partners

GoTo > growth engines:

• 1. Net growth can be achieved without investing in more assets from JVs with rental companies.
• 2. Germany > Obtaining operational and business synergies from the acquisitions and mergers undertaken.
• 3. B2B entering the business sector and signing agreements with companies with large vehicle fleets
• 4. JV Continuing to increase services through cooperation with global players
• 5. Selling or Bringing in a Partner for the activity of the AI platform in audio advertising, Trinity Audio

H1/2023 Financial statements

23

²⁴ Profit & loss – Main results

2022 1-6/2022 1-6/2023

Balance Sheet – Main

	As of June 30	As of June 30	As of December 31
	2023	2022	2022
	ILS in Thousands
Cash and Cash Equivalents	32,775	72,904	28,086
Restricted cash	7,764	6,996	7,664
Fixed assets, net	20,936	22,389	8,309
Loans from banks and others	27,501	20,575	3,016
Assets held for sale	20,978	11,922	20,483
Total equity	119,774	225,024	100,894

Consolidated Balance Sheet - Assets ²⁶

	As of June 30	As of June 30	As of December 31
	2023	2022	2022
	ILS in Thousands
CURRENT ASSETS:
Cash and Cash Equivalents	32,775	72,904	28,086
Trade receivables	9,906	6,953	8,037
Other accounts receivable	9,961	6,950	4,272
Financial Derivative	2,257	4,578	1,686
Assets held for sale	20,978	11,922	20,483
	75,877	103,307	62,564
NON-CURRENT ASSETS:
Restricted cash	7,764	6,996	7,664
Other property, net	5,405	8,968	6,367
Intangible assets, net	9,792	21,707	15,990
Fixed assets, net	20,936	22,389	8,309
Goodwill	0	61,657	0
	43,897	121,717	38,330
	119,774	225,024	100,894

Consolidated Balance Sheet – Liabilities ²⁷

	As of June 30	As of June 30
	2023	2022	2022
	ILS in Thousands
CURRENT LIABILITIES:
Credit and current maturities of loans from banks and others	9,821	12,377	2,689
Loans from non controlling interests	13,605	11,905	12,496
Current maturities of
leases	6,329	12,592	11,360
Trade payables	9,727	17,247	13,457
Other accounts payables	18,172	11,229	10,773
Liabilities held for sale	4,718	6,514	3,939
	62,372	71,864	54,714
NON-CURRENT LIABILITIES:
Trade payables Loans from banks and	3,740	4,610	3,839
others	17,680	8,198	327
Lease liabilities	3,579	9,736	5,242
Long-term deferred
revenues	0	43	0
	24,999	22,587	9,408
Total	87,371	94,451	64,122

Consolidated P&L ²⁸

For the 6-month period ending on June 30		For the year that ended on December 31
2023	2022	2022
ILS in Thousands
33,555	31,255	69,360
31,170	32,496	64,824
2,385	)1,241(	4,536
3,288	3,019	5,689
3,930	5,980	11,948
13,943	16,923	31,346
)14,509(	)3,089(	)5,487(
0	11,567	78,100
)4,267(	)35,641(	)117,060(
)1,836(	)1,013(	)334(
)2,431(	)34,628(	)116,726(
1	0	457
)2,432(	)34,628(	)117,183(
)4,136(	)10,399(	)22,635(
)6,568(	)45,027(	)139,818(

Heading In the Right Direction

Backed by Israeli, American, German & Spanish Investors

Highly reputable investors coming from the automotive, technology and shared economy world

DBSI / Yossi Ben Shalom

Co-founder of DBSI Private Equity Group ("DBSI") with investments in businesses with exits of above \$1BN. GoTo Chairman

DQuadrat / Alexander Schmidt

D² Equity Partner is the private investment vehicle of a Stuttgartbased family of entrepreneurs.

Nazare/ Adam Neumann

Founded the leading co-working company, WeWork, in 2010. It operates in 120 cities with 800 co-working spaces.

IBB Ventures/ Stephan Schulze

Founded in 1997 IBB Ventures is one of the most active and most experienced VC investor in Germany.

Talcar Corporation Ltd. / Gadi Ungar

A leading importer and distributor of international car brands, the Ungar family has vast experience in the maritime and automotive.

Bonventure / Jochen Herdrich

First investment company in the German-speaking region that focuses on the social impact of companies, founded in 2003.

Astara Group/ Sebastian Canadell

one of the largest automotive groups in the world with presence in three continents, 16 countries, with annual turnover of €4 billion and over 200,000 vehicle sales per year.

Summary

• Focus on profitability and profit in each of the operating segments
• Increase market share and entry into additional products
• Optimizing and maximizing company assets
• Leveraging technological advantage and duplication of development agreements
• Reaching financial independent

Thank You & Enjoy The Journey