Slide 1: Business Update
Radar Revolution. Delivered. Business Update Kobi Marenko Co-Founder and CEO, Arbe Investor Presentation 1
Slide 2: Disclaimer
Disclaimer v This press release and the earnings call contain "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words "expect," "believe," "estimate," "in
Slide 3: 2022 Accomplishments
2022 Accomplishments Graduating from proof-of-concept phase to the production and the commercial stage Providing true safety for L2+ vehicles Collaborating with top OEMs Securing global Tier 1 partnerships On track to full production in Q4 2023 Investor Presentation 3
Slide 4: Tier 1s Positioning Arbe for Success in 2023 and Beyond
Tier 1s Positioning Arbe for Success in 2023 and Beyond 2022 2030 50M radars 250M radars per year per year 340,000 Radar Chipset Preliminary Order Investor Presentation 4
Slide 5: Tier 1 Entered the Next Stage
Tier 1 Entered the Next Stage Developing radar systems based on Arbe chipset Considerable Deploying Developing financial dedicated software utilizing investments teams the radar’s data Investor Presentation 5
Slide 6: Engagements with Significant OEMs
Engagements with Significant OEMs 2022 2023 Actively engaged To achieve 2 design ins with 12 out of the in the Chinese market, top 15 automakers and 2 design ins in worldwide Europe and the US Investor Presentation 6
Slide 7: The Japanese Market: A New Large Opportunity
The Japanese Market: A New Large Opportunity Arbe obtained the Japanese Telecommunication and Radio certification, for its mass Production RF chipset A leading Japanese automotive company began a development project Conducting pilot programs with leading OEMs and Tier-1s in the region Investor Prese
Slide 8: Transitioning from POC to Mass Production
Transitioning from POC to Mass Production Completed the chipset mass production line, with Global Foundries Chipsets are now going through the AEC-Q100 qualification process On track to begin mass production in Q4 2023 Investor Presentation 8
Slide 9: Great Success at CES 2023
Great Success at CES 2023 v v v Investor Presentation 9
Slide 10: Great Success at CES 2023
Great Success at CES 2023 v v v Investor Presentation 10
Slide 11: 2023 Goals
2023 Goals v Enter mass 4 OEM Drive v v production design-ins innovation in Q4 forward Investor Presentation 11
Slide 12: Financial Results
Radar Revolution. Delivered. Financial Results Karine Pinto Flomenboim CFO Investor Presentation 12
Slide 13: Revenue
Revenue v Q4 Revenue ($M) 2022 Revenue ($M) 3.5 0.5 Increase of 56% 2.2 v v 0.15 Q4 2021 Q4 2022 2021 2022 13
Slide 14: Gross Margin
Gross Margin v Q4 Gross Margin 2022 Gross Margin Q4 2021 Q4 2022 63.5% 37.7% v v 36% -45.8% 2021 2022 14
Slide 15: Operating Expenses
Operating Expenses v Q4 Operating Expenses ($M) 2022 Operating Expenses ($M) 2022 Operating Loss ($M) 14.2 14 50.0 34.1 v v 11.6 10.8 36.7 33.3 28.6 47.7 Q4 2021 Q4 2022 2021 2022 R&D R&D 2021 2022
Slide 16: Profitability
Profitability v Q4 Net Loss ($M) 2022 Net Loss ($M) Adjusted EBITDA ($M)* Includes Includes Includes Includes $1.7M ($3.0M) $24.8M ($7.2M) financial financial financial financial -2.7 expenses income expenses income -3.3 -3.7 -4.1 v v -6.4 -40.5 -11.1 -8 -8.6 -8.4 -9.5 -58.1 -15.8 -11.5 -12 2021 202
Slide 17: Balance Sheet | Dec 31, 2022
Balance Sheet | Dec 31, 2022 v $ 54.2M v v Cash and cash equivalents with no debt. 17
Slide 18: 2023 Guidance
2023 Guidance v $ Revenue 5M-$7M v v ($ 32M)-($35M) Adjusted EBITDA* * Adjusted EBITDA - a Non-GAAP measurement, which excludes expenses for non-cash share-based compensation and for non-recurring items. 18
Slide 19: Thank You
Radar Revolution. Delivered. Thank You investors@arberobotics.com Investor Presentation 19