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NNDM NASDAQ : NNDM | © 2020 Nano Dimension Nano Dimension is a Developer & Provider of Intelligent Machines and Consumable Conductive & Dielectric Materials (Inks) for the Fabrication of Additively Manufactured Electronics (AME), a/k/a Printed Electronics (PE) July 2020 Nasdaq: NNDM NASDAQ : NNDM www.nano-di.com1 www.nano-di.com | © 2020 Nano Dimension. All rights reserved. Nano Dimension Printed Electronics (“PE”) , or Additively Manufactures Electronics (“AME”) Forward Looking Statements This presentation of Nano Dimension Ltd. (the “Company”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward- looking statements when it discuss the potential of its products, strategic growth plan, the size of its addressable market, market growth, and expected recurring revenue growth. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report for the year ended December 31, 2019, filed with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. NASDAQ : NNDM 2 www.nano-di.com | © 2020 Nano Dimension. All rights reserved. AME Machines and Consumable Materials (Polymers & Silver) https://www.youtube.com/watch?v=UFaWb0aUjPk&list=PLW7Y0iWnWhTShewSmy657p-0GnD2lotVr High Performance Electronic Devices: Hi-PEDs • Growth Play, Protected & Proven Technology • First-to-Market advantage • The Only Digital Machine: Fully Multi Layered PCBs>>>>>> • Industry leader: Awards & grants • Blue chip customers: 57 systems sold (2018-19) AME-3D-Printers Nano-Particles- • Increasing Recurring Revenue of proprietary ‘Inks’ -Inks • The 3 main usages: • Shortening Prototyping cycle - Hi-PEDs in house. • Unique device solutions, miniaturized, lower weight. • Fabricated in High Mix/Low Volumes only by 3D-printing. NASDAQ : NNDM 3 www.nano-di.com | © 2020 Nano Dimension. All rights reserved. A Rapidly Growing Market for High Performance Electronic Devices (Hi-PEDs) High Performance Electronic Devices (Hi-PEDs) are integral enablers of: RESEARCH INSTITUTES INDUSTRY VERTICALS ADDITIVE SERVICES • Academic institutions and • Defense • Additive Service Bureaus universities • Aerospace • PCB Service Bureaus • Research & innovation centers • Intelligent drones • In-house Print Services • Government Agencies • Autonomous Automotive • NaNoS (Nano Services) Leverage Corona-related Development “recovery” budgets • Robotics • Commercial aviation • ‘In vivo’ medical devices NASDAQ : NNDM 4 www.nano-di.com | © 2020 Nano Dimension. All rights reserved. Razor-Razorblade Nano Dimension’s Solutions Business Model AME/PE Machines (controlled by AI algorithms) produce electronic devices by simultaneous 3D- injection of polymer dielectric and silver conductive materials to fabricate, within hours: High Performance Electronic Devices: Hi-PEDs Including sensors, antennas, capacitors, convertors, unique geometries & complex devices We develop and produce Proprietary Consumable Chemical Inks to be used by the AME machines All are mission critical and economical for our customers NASDAQ : NNDM 5 www.nano-di.com | © 20202019 Nano Dimension. All rights reserved. BUSINESS MODEL: Recurring Revenue Model that Scales Razor-Razorblade Model: As the installed base of systems Consumable Revenue Growth grows, the recurring revenues from consumables increases. Positive trend of increased ink consumption by customers is a validation to our recurring- revenue business model. 2018/1Q 2018/2Q 2018/3Q 2018/4Q 2019/1Q 2019/2Q 2019/3Q 2019/4Q 2020/1Q Printed Electronics (“PE” or “AME”): Consumable Materials: Recurring & High GM Revenue NASDAQ : NNDM 6 www.nano-di.com | © 2020 Nano Dimension. All rights reserved. Nano Dimension: Financial Data NASDAQ Year-Over-Year Growth NNDM $7,070,000 ADS ratio: 1:1 $5,100,000 8000000 Stock Outstanding: 6000000 * As of June 30th, 2020, ~46.4M 4000000 ADS* $800,000 2000000 $70M invested mostly in R&D, over 5 years 0 2017 2018 2019 As of June 30th, 2020: • Cash: $49.5 M • Debt: $0.22 M (Corona-US government loan) • Revenue growth of ~39% in 2019 compared to previous year • Significant trend of Gross Margin improvements NASDAQ : NNDM 7 www.nano-di.com | © 2020 Nano Dimension. All rights reserved. New US Management for Nano Dimension • Yoav Stern – President & CEO (Joined January 2020) – Investor and Chairman Cyber, Fintech and Mobile/Visual Tech (USA). President & CEO DVTEL Inc. (Sold to FLIR Systems) (NJ, London, Tel Aviv, New Delhi, Adelaide, Singapore, Hong Kong, Taiwan). A turn-around executive in the Homeland Security Industry. Co-Chairman Bogen Corporation (New Jersey, Memphis, Florida, Germany), one of its main investors and a member of its Executive Committee, Audit Committee and Compensation Committee. Managing Partner Helix Capital LLC, (San Francisco, New York), private M&A and Turn-Around Advisory Firm. Executive Chairman of the Board Kellstrom Industries Inc. (Florida), A $300M aerospace corporation. President of WordStar International, Inc. (San Francisco), a $50M publicly traded software company. Mr. Stern led the company’s turnaround process and structured the business combination of WordStar with two other public companies, similar sizes. He was VP M&A & Business Development Elron Electronic (Nasdaq: ELRNF) a multinational industrial investment holding company with annual revenues in excess of $1.5 billion. Elron invested in companies active in the fields of Advanced defense electronics; Data communications; Internet-software products; Semiconductors equipment; Telecommunications. Mr. Stern is a Graduate of NYU, B.Sc. Degree, Magna Cum Laude in Mathematics and Computer Science, Engineering Diploma in Mechanics & Automation Magna Cum Laude. Graduate of the Air Force Academy. Air Force Service: Lt. Colonel (Ret.), Fighter Pilot, D. Squadron Commander, F-15. • Ofir Baharav – Chairman (Joined 2017) – A Leader of HW and SW companies in Semiconductors, 3D Printing, PC Security, Healthcare Informatics and Digital Print. Lived and conducted business in Shanghai. Partner Stratus Venture Group, VP Product Portfolio Stratasys, Founder And CEO, Xjet Ltd. EVP Products Credence Systems Corporation (NASDAQ CMOS), President, Optonics and SVP GM Diagnostics & Characterization Division (DCG) Credence. MBA - Warwick Business School, UK. Named on over 10 patents (SW and HW architectures). • Dr. Jaim Nulman – EVP Products & CTO (Joined 2018) – VP of Applied Materials, where he commercialized the Endura PVD system, the most successful semiconductor manufacturing product reaching market share from 0 to over 60% and a $1B in revenue in less than 5 years, with one of the highest gross margins in the company. While at Applied he also represented the company on the board of directors of some of the companies in which Applied invested as well as developed product commercialization methods that reduce the cost and time to market. Dr. Nulman served as research associate at the Submicron center at Cornell University where he pioneered rapid thermal processes for the semiconductor industry. He was an invited Lecturer at NATO Advanced Studies Institute and the University of Berkeley Extension. Dr. Nulman has published over 100 publications, and over 50 patents. He is an MSc and PhD from Cornell University all in electrical engineering, and an Executive MBA from Stanford University. NASDAQ : NNDM 8 www.nano-di.com | © 2020 Nano Dimension. All rights reserved. Management – Industry Background • Ziki Peled – COO, CRO (Joined 05/2020) – Seasoned turn around executive from FLIR Systems, Inc. (Nasdaq: FLIR), which develops, manufactures, markets, and distributes thermal imaging systems, visible-light imaging systems, locator systems, measurement and diagnostic systems, and advanced threat detection systems. With annual turnover of $1.8 billion & a market cap of $7 billion. He was the CEO of Apollo Network Services Ltd. where he managed large projects in the field of Defense, Energy and Transportation for Finmeccanica,
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