INVESTOR PRESENTATION

The Future Never Tasted So Good.

September 12, 2022

TASE: SVRT

Notice Re: Fair Disclosure and Forward-Looking Statements

The information contained in the presentation does not constitute an offer or invitation to make offers for the purchase of securities of SavorEat Ltd. (the "Company").

This presentation was prepared by the Company for the purpose of a general presentation of certain details about the Company, and therefore, the information contained therein is only concise, and does not exhaust the complete information about the Company and its activities.

This presentation is not intended to describe the Company's activities in full and in detail, and it is not intended to replace the need to review the Company's official public reports (the "Reports") through the Israeli Securities Authority's Distribution System (the MAGNA) and / or the Tel Aviv Stock Exchange's information distribution system (the MAYA), including the Company's complete and final prospectus ( "The Prospectus"), and should be read in conjunction with such Reports and Prospectus published by the Company by virtue of the provisions of the Securities Law, 5728-1968 and regulations thereunder.

The information contained in this presentation does not purport to encompass or contain any information that may be relevant for the purpose of making any decision regarding investment in the Company's securities.

The following presentation may contain forward-looking statements that include, but are not limited to, projections about our business and our future revenues, expenses and profitability. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual events, results, performance, circumstances or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements due to factors not under the Company's control, that include, but are not limited to: (1) Uncertainty in the global market; (2) Continued spread of the COVID-19 virus; (3) Exchange rate fluctuations; (4) Fluctuations in raw material prices and restrictions on their use; (5) Changes in regulation; (6) Fierce competition; (7) Lack of funding capabilities and sources for continued activities; (8) Technological developments and changes; (9) Slowdown in research and development process; (10) Dependence on professional and skilled manpower; (11) Failure to enter into cooperation agreements; (12) Intellectual property protection and Uncertainty regarding patent applications; (13) Failure in research and development plans; (14) lack of profitability in the coming years; (15) Restrictions by the Israeli Innovation Authority in connection with the transfer of production rights and / or the transfer of knowledge from the State of Israel.

The presentation includes data and statistical publications published by third parties, the content of which has not been independently reviewed by the Company, and for which the Company is not responsible. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this slides. The Company undertakes no obligation to update any forward-looking statements, to report events or to report the occurrence of unanticipated events that may lead to the actual events, results, performance, circumstances or achievements of the Company being different than as envisaged by such forward looking statements.

OVERVIEW

2022: The year of Food-Tech and the Future is even more Delicious

Locally:

This month, the State of Israel marked the critical R&D areas: biomed, food-tech, renewable energy and space. Most of the Ministry of Science and Technology research grants - amounting to NIS 180 million per year - will be devoted to these sectors.

Globally:

Food-tech value overall is up +45% since the end of 2020.

Software food-tech (relevant arena for SavorEat) startups raised the most capital in Q2 2022, overtaking capital-intensive Delivery startups

THE FUTURE is Here Food Trends & Opportunities

ALTERNATIVE MEAT

Today: 1% = value of 14 Billion USD

2029: 10% = value of 140 Billion USD

PERSONALIZED NUTRITION

80% of consumers are likely to purchase when brands offer personalization

Personalized nutrition market size to reach USD 16.70 billion by 2026

FOOD WASTE & SUSTAINABILITY

43% of consumers say that "reducing food waste" is the top action they are taking with their food choices as it pertains to the environment)

THE FUTURE is Here Foodservice Trends & Opportunities

LABOR SHORTAGES

continue to be the biggest pain point across Food Service.

99% of restaurants agree THAT INCREASED AUTOMATION for back-of-house operations would allow staff to focus on more important tasks.1

PERSONALIZED EXPERIENCE

99% 97% Restaurants will offer more personalization to their diners by leveraging data and technology. 78% surveyed say automation technology is critical for smooth operations and they feel that technology makes the experience efficient. 2

is a Game-Changing Food-Tech Platform.

Powered by one of a kind Smart Robot Chef - patented An end-to-end tech platform (IoT, AI) – digitally creates & cooks (including 3D technology) meat alternatives on the spot.

Helps solve for many food service industry challenges: labor shortages, operational inefficiencies, food waste, food safety, guest experience etc.

Enables the massive addressable market: HORECA (hotels, restaurants, catering, etc.) and/or end customer to personalize their meal (i.e. fats, protein) leading to greater satisfaction, experience & loyalty.

SAVOREAT Timeline: 2016-2021

THE TECHNOLOGICAL Groundwork

TASTY + PERSONAL = Incomparable

Compose YOUR OWN fresh & savory product on the spot and without human touch — in minutes!

Proprietary digital manufacturing technology in an automatic cooking machine, connected to the cloud and IoT allows us to control the Robot in any case, such as food safety issues.

Purely Plant-Based ingredients combined with a proprietary ingredient

Advanced tech allows us to store and process all customer-preference data and to address some of the largest challenges the market deals with - food waste, supply chain and more

SAVOREAT Intellectual Property

•Australia Patent Authority patent for the printing method, Patent Number: 2016290223
•3-Dimensional Printing of Food PCT/IL2016/050731. Status: national phase
•1 core patent application (projected expiry of any issued patents: 2033)
•The invention concerns a process and system for the production of a nutritional low- calorie food product, and food products printing
•The company holds an exclusive license from the Hebrew University for commercial use of the invention covered by the above patent

•A unique know-how for the production of an innovative raw material that will be used in the company products

5 Patents Submitted to Date, 1 Approved so far.

SAVOREAT Business Strategy

PHASE 1	Complete development of the company's holistic, Robotic Chef Solution (IoT-AI, powered) with company's unique food products (meat alternatives such as Plant-Based burger, Turkey burger, Breakfast Patty for food service.
PHASE 2	Commercial Reveal with company's strategic partners (i.e. Sodexo) in U.S. & Israel. Forming additional key, foundational partnerships.
PHASE 3	Commercialization in U.S. & Israel, with version 2.0 Robotic Chef Solution.
PHASE 4	Development of additional types of protein alternatives, such as seafood and poultry, along with adjustments to the production process, and further personalization.
PHASE 5	Development and commercialization of a home-use Robot Chef appliance

SAVOREAT'sBusiness Model

GO-TO-MARKET

Foodservice market: Quick Service & Fast-casual restaurants, corporate offices, universities etc. Commercialization in US & Israel, followed by additional markets.

DISTRIBUTION MODEL

External distributors and logistics companies (can be thru strategic partnerships)

Sale and/or leasing of Robot Chefs (Robots as a service RaaS) Sale of cartridges for the production of a variety of food products Most of the profits come from the sale of the cartridges Commercialization during H2 2023

Pre commercialization BUSINESS 2022-3 Targets Road Map

In addition to the above, and as part of the company's current course of action, the company is constantly looking at expanding its subcontractors in order to support the company's expanding range of activities, and in order to accelerate its development and commercialization activities, and in the process it receives inquiries from service contractors, business entities and various corporations, operating in the field The company's activity (and/or in complementary fields), regarding business collaborations, receiving or providing services, maintaining commercial relationships and creating strategic friendships, and holds various contacts and discussions with them, which are ordered at different stages. It should be noted that the aforementioned contacts and discussions have not yet matured or been formulated into binding understandings or agreements, and there is no certainty that it will be formulated into a binding agreement

The information about the market / business potential of the company is forward-looking information and as such the company has no control over it and it may be significantly different from what the company initially estimated

SAVOREAT 2022 Latest News and Activity

SAVOREAT

שיתופי פעולה אסטרטגיים קיימים

One of the largest food services and facilities management companies in the world providing catering services to approximately 100 million consumers every day in approximately 55 countries.

Commercial activity at two US universities will begin in the fall of this year.

yarzin Sella specializing in restaurants for over 30 years and provides culinary services and a hospitality experience within the leading global hi-tech arena in 9 different countries in the world.

The collaboration between SavorEat and Yerzin Sella is expected to start in this quarter in the local high-tech market.

One of the largest chains in the Middle East with 100 branches and several different brands in Israel.

A strategic partner since SavorEat was established. Following the reveal activity in Herzliya, the two are expected to start commercial activity in other branches in the near future.

SavorEat subsidiary

Develops egg substitutes for the food industry based on vegetable components derived from SavorEat's intellectual property. Taste, appearance, texture and functionality identical to a traditional egg and at a competitive price

\$2.1 B projected market by 2026
SavorEat has 82% of shares in the company
Egg'n'up raised \$2.34 million (at an \$8 million pre-money valuation
Currently in process of forming partnerships with food companies

Many, Diverse Technical Applications

^*source: GlobalNewsWire 16

alternatives

A GLIMPSE INTO THE FUTURE OF FOOD

For illustration purposes only.

SAVOREAT Financial Data

RESOURCES

\$19.5 M raised, including \$13M through IPO on TASE
The company received the Israeli Innovation Authority approvals for grants in total sum of approximately \$1.6 M for the developments of the company's product.

MAIN INVESTORS

Millenium Food-Tech
Mor Investment House
Altchuler-Saham (Psagot)
Meitav Dash

CAPITAL

Total available cash as of June 30 reports, published: 35 million NIS
As of June 30, average monthly burn rate of \$600k

THE CAPITAL RAISED IS DEDICATED TO

R&D:

Completing development of Robot Chef solution 2.0
Strengthening company's intellectual property assets
Continued development of additional food products, and expanding personalization options.