Shagrir Group Vehicle Services Ltd.

Investor Presentation • Mar 10, 2022

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.

Meet the GoTo Leadership

The GoTo Leadership team will walk you through the GoTo proven multimodal business model, Proprietary technology and operational set up.

Global shared mobility market (in billion of US dollars)

*Global shared mobility market forecast 2021-2028, Statista, April 2021. Includes: rail, public transportation, ride hailing, ride pooling, car sharing and micro mobility sharing, car rental

The opportunity

\$675B Shared Mobility Market by 2025 20% in Europe

Vehicle Ownership isn't working

Cities pushing away private cars from city centers

Sources:

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

https://www.calcalist.co.il/real-estate/article/skvvbszif https://www.globes.co.il/news/article.aspx?did=1001388674#

Apple building: ZERO parking Toha 2 building:

1 parking per 100 employees

Office Buildings are Built with NO Parking Employers seeking mobility solutions for their employees

Cities Prioritize Citizens' Leisure vs. Private Cars

NYC, 2021

Enabling Sustainable Cities and Communities SDG #11

https://sdg-tracker.org/

8	8	8	g	a
8	8	8	8	a
a	8	8	8	and
8	a	8	8	are
8	8	8

Our Mission

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

GoTo believes in cities free from congestion and pollution.

Our Vision

Source: (Catarina Belova / Shutterstock.com)

After the presentation

GoTo

~50% from Europe, Israel is profitable

~5,800 Assets

620 EV Cars 720 Cars 3,750 EV Mopeds 750 EV Micromobility

~2.8M

Trips

GoTo Multimodal Active Users account for 23% and generate:

+160% Rides per User 4 Vs. monomodal

+140% Revenue per User 4

Vs. monomodal

+170% Retention⁵ Vs. monomodal

~450K Registered Users

⁴ Madrid and Malta avg Multimodal and Monomodal Active users who did at least 1 ride per month. Data from 04-09/2021 ⁵Madrid and Malta Multimodal Active Users (users that did +1 ride in the period from 04-09/2021)

\$12M¹ \$23M 20 21 22 \$35M² Revenues

~75K Monthly Active Users³

¹2020 revenues exclude emmy's #s

² 2022 forecast revenues include adding/growing services in our existing countries, without opening new countries

³ Monthly Active users Q3 2021 average data

The mobility paradox

Multi -needy people require different modes to cater to different needs and occasions!

Source: Survey by Telling Insights March 2021 of over 2000 users in Madrid and Barcelona

76% of Madrideans want one app for all their mobility needs! They are tired of needing 20 apps to move around the city

GoTo addresses diverse user needs by providing a one–stop-shop multimodal mobility service

The Mobility Paradox

HIGH CAC

LOW CAC

GoTo solved the mobility paradox!

CAC CAC

Cities Are Failing The Travel Needs Of Their Citizens By the Mobility Wallet GoTo effectively converts users to multimodality

GoTo's loyalty and rewards keep users in the service.

Multimodality is Proven!

Madrid- Multimodality decreases the CAC, increases the ARPU and increases the Lifetime

Data of 2743 moped multimodal active riders in Madrid (out of 6258 moped active riders) from 04/21-09/21. Madrid moped conversion looks at active riders who did at least 1 ride that month- avg 04/21-09/21. CAC active rider look at the marketing and promotion cost to acquire a rider who did at least 1 ride in the service. Life Time of active riders looks at riders who did at least one multimodal ride in the months between 04/21-09/21. Active riders Life time is calculated as 1/churn

Multimodality was launched in Madrid in April 2021 after a few months of round-trip car sharing pilot which began in Nov 2020.

OpEx Direct Cost: Fuel (Petrol and Electricity), Parking, Insurance costs, Periodical Treatments, Repairs, Fleet Carwash costs, Towing expenses, Battery maintenance, Operation car brandings, car communication (SIM), Billing of software for cars, Write off assets and others, Credit card fees, Fines, employees clothes. Revenue from rides and membership fee.

Proven profitability on RT Cars with 81% gross margin

Round Trip cars, Unit Economic, August 2021, Israel

+2.8M

Trips

OpEx Direct Cost: Electricity, Insurance costs, Periodical Treatments, Repairs, Fleet, wash costs, Battery maintenance, Operation brandings, communication (SIM), Billing of software for mopeds, Write off assets and others, Credit card fees, Fines, employees clothes.

Proven profitability on Mopeds with 48% gross margin

Moped, Unit Economic, July 2021 Berlin

+2.8M

Trips

We are ready for growth

via the merger with emmy Accelerating Growth into Germany

Cities Are Emmy - the market leader in the biggest European market

Present in 3 cities, >300K registered users, >3K mopeds

emmy Tier eddy evosharing felyx franke rhingo stella

Hamburg Business area: 77 km² 800 mopeds 65k reg. customers

Berlin Business area: 120 km² 1.540 mopeds 161k reg. customers

Munich Business area: 59 km² 700 mopeds 71k reg. customers

Goal: Convert emmy users to multimodality

Emmy's users are already multimodal!

Survey conducted by Emmy of their users in Hamburg.

\$XX¹

\$XX² +300%

Moped Multimodal

Monthly ARPU

¹Moped ARPU of Emmy Active Riders in Hamburg avg 2021. ²Estimated Multimodal ARPU for once emmy becomes multimodal. It's based on Spain and Malta's conversion ratio from monomodal to multimodal

\$275M Potential in Converting Germany into Multimodality

Revenue per year GoTo Germany. In M\$

\$XX¹

\$XX²

+300%

Moped Multimodal

Monthly ARPU

Goal: Convert emmy users to multimodality

¹Moped ARPU of Emmy Active Riders in Hamburg avg 2021. ²Estimated Multimodal ARPU for once emmy becomes multimodal. It's based on Spain and Malta's conversion ratio from monomodal to multimodal

GoTo acquisition of emmy happened in Oct 2021.

We got what it takes to scale

Technology built for multimodality from day one

User App & Marketing Field Technician App

automation tools

End to End Multimodal AI fleet optimization tool

Technology

Connecting any vehicle type, enabling user monetization and generating operational efficiency

Driven by a Mobility and Scale Up experts

Gil Laser / CEO

Former CEO and partner of Pioneer Israel, opened five new business lines and launched 20 additional brands. MBA and MA in philosophy from Tel Aviv University

Shirly Kalush / CSO

Former BlaBlaCar Expansion and Business Development Manager. Launched and managed a taxi hailing app. Has 10 years in mobility, lived and worked in 7 countries and speaks 5 languages. MA from LSE.

Tomer Geller / CFO

Former EY financial executive, experienced in managing large accounting operations at hypergrowth companies. Certified Public Accountant (CPA). MBA from Tel Aviv University

Bertrand Attard / COO

Experienced business leader in advertising, food service, tech and automotive. Held the role of CEO of a McDonald's Developmental Licensee, a Technology Investment company and a Toyota Dealership Group.

Liliya Miringof / CMO

Former head of global marketing at Gett, in charge of EMEA markets, and former Global Marketing Director at Appnext. MBA in marketing and strategy from Tel Aviv University

Yonathan Shalev / CTO

Strong technical leader with over 20 years of experience managing technical teams and building enterprise software products. Leads the development of GoTo in-house tech platform

Roni Liberman / CPO

Product leader with over 20 years experience as Co-founder and VP Product of QuiCargo, A Labs Venture, Pronovo, Pelephone Roni has a BA in Business Administration.

Marie Lindström / CM Spain

Experienced market leader, delivering growth strategies in the beverage industry, where she held diverse positions, most recently as CM of Carlsberg in Mexico and then Spain. Lived in 5

countries and speaks 5 languages.

Gali Taub Sarig / CM Israel

Former Chief Market Place and Growth Officer at Gett (4 yrs) and Director of Marketing at Coca Cola (9yrs). She has an MBA in marketing and a BA in Communications.

Alexander Meiritz/ CM Germany

Co-founder and CEO of Emmy moped sharing. MSc in Industrial Engineering and Business from Technische Universität Berlin.

Zach Bergerson / CM Malta

Former Director of Operations and Finance of QuiCargo, MBA and BA in Economics and Management. Lived in 5 countries.

Valerian Seither / CM Germany

Co-founder and CEO of Emmy moped sharing. MSc in Industrial Engineering and Business from Technische Universität Berlin.

Team coming from:

Backed by Israeli, American & German Investors

DBSI / Yossi Ben Shalom

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

Nazare/ Adam Neumann

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

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.

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

DQuadrat / Alexander Schmidt

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

IBB Ventures/ Stephan Schulze

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

Bonventure / Jochen Herdrich

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

07/2020 Nazare

02/2021 Talcar Corporation Ltd.

10/2021 emmy merger deal

Where we are heading

Upselling additional Products & services

Increasing Fleet Utilization Growing B2B Market

Converting Germany into multimodal

Berlin, Munich and Hamburg

Subscription vehicle Multi asset routing RoboTaxi

Business mobility suite Priority & better planning Usage & sustainability reports

Future growth will come from these 3 levers:

We are going public!

On Tel Aviv Stock Exchange (TASE)

NerTech Media(NRTK.TA)

Reverse Merger The Day Before

NerTech

(\$43M valuation post, Inc.\$13M Cash)

Asset for sale valued at +\$30M *\$15M downside protection

Reverse Merger The Day After

\$45M-\$60M cash* \$163M valuation post

GoTo Shareholders

*Before tax

GoTo opportunity:

• 1. With this round we will have all the cash needed (~\$30M) to reach >\$100M in revenues & become financially independent in 2024
• 2. Realistic valuation of \$102M pre money > x4 2021 Revenues > upside potential
• 3. Additional \$15M-\$30M without dilution
• 4. Merging into a shell company (no redemption , no extra options)
• 5. Preferred share > converted to ordinary at 1.2 ratio
• 6. Dual listing in a foreign stock exchange
• 7. Zero risk process – DD by top 4 accounting firms

Fair valuation of 4x LTM Revenues as comparable valuation analysis suggests a valuation range of 7x to 10x LTM Revenues

npany	Investment	Post	Revenues	Valuation	Comments	Sources
	Transaction	Money	LTM in SM	Revenues
	date/Stock	Valuation/		multiple
	Price date	Stock
		Market
		Price in SM
					Did a Reverse Merger SPAC on Nov 2021.Rev	NYSE: BRDS, Bird Investor Presentation Nov 20
ird	Feb 9, 22	978	200	4.9	figures for 2021 are extrapolation from first 9 months
					Raised \$523m in Nov 2021 in convertible debt from	Crunch hase.
					Abu Dhabi Growth Fund, Fidelity Management &	https://www.theverge.com/2021/11/5/22764064fir
me	Nov-21	N/A	N/A	N/A	Research and Uber. Raised a total of \$1,5BN. Went	electric-scooter-investment-public, https://techorunch.com/2020/03/27/limes-valuatio
					from \$2BN valuation to \$400M during COVID.	variable-costs-and-diverging-categories-of-on-
					Planning to go IPO in 2022.	demand-companies/
					Raised \$200M in Oct 2021 from Softbank vision fund Tier scools of with \$200M, all-equily first closel
ler"	Oct-2	2,000	100	20.0	and more, reaching a total of \$660M raised. Revenue	Saries D TechCrunch
					estimates based on market knowledge
					VOI raised another \$115m in Dec 2021 by Raine	https://www.standard.co.uk/business/escooter-
OF	Dec-21	1,000	80	12.5	Group and NVN, totaling \$515M raised. Planning to go	startup-voi-raises-115-million-uk-market-share- plans-ipo-b973107.html
					PO in 2022. Revenue estimates based on market
					knowledge
					Raised \$70 in Jan 2022 and \$85M in Apr 2021,	Crunchbase,
ott"	Jan-22	N/A	45	N/A	reaching a total of \$210M raise. Abrdn and Sofina led	https://techorunch.com/2022/01/31/european- micromobility-startup-dot-grabs-70-million
					this round as a mix of debt and equity. Valuation and
					revenue estimates based on market knowledge
					SOCAR's is planning to go IPO in H1 22 and	Korean car-sharing startup SOCAR has
Car	Jan-22	2,000	N/A	N/A	estimated valuation is to be \$2.5 billion. SOCAR	filed for an IPO TechCrunch
					reached ~\$834 billion valuation after raising \$50.7M in
					Oct 2020. It raised a total of ~\$275M.
reen					Greenmobility is listed on Danish Nasdaq. Rev	DKK: GREENM, https://www.greenmability.com
	Feb 9, 22	65	9		7.2 figures for 2021 are extrapolation from first 9 months	content/uploads/2021/11/GM Q32021- TradingStatement.pdf
bility
					Helbiz Reverse Merger SPAC has not been a	Nasdaq: HLBZ, Helbiz Q3 Report https://investors.halbiz.com/static-files/13odc9e0
lbiz	Feb 9, 22	118	12	9.8	success. The Company Revenues were to jump from	:263-43d2-9ffb-771205024871
					\$4m in 2020 to \$80M in 2021. It finished 1st 9 months
					of Q3 with \$8.7M in revenues.
estimates based on market knowledge				10.89	Total Average V/Revenues valuation multiple
				7.3	Average Sub Billion player V/ Revenues valuation multiple