Nano Dimension Ltd · NASDAQ:NNDM

Nano Dimension — Investor Presentation (April 2020)

36 slides from Nano Dimension's investor presentation, Apr 6, 2020

1. Slide 1: Nano Dimension Corporate Presentation April 2020

   1 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Nano Dimension is a Developer & Provider of Intelligent Machines and Consumable Conductive & Dielectric Materials (Inks) for the Fabrication of A dditively M anufactured E lectronics ( AME ), a/k/a P rinted E lect

2. Slide 2: Forward Looking Statements

   2 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 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

3. Slide 3: AME Machines and Consumable Materials

   3 NASDAQ / TASE : NNDM 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 H igh P erformance E lectronic D evices: Hi - PEDs • Growth Play, P

4. Slide 4: A Rapidly Growing Market for High Performance Electronic Devices

   4 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. A Rapidly Growing Market for H igh P erformance E lectronic D evices ( Hi - PEDs ) High Performance Electronic Devices (Hi - PEDs) are integral enablers of: INDUSTRY VERTICALS • Defense • Aerospace • Intelligent d

5. Slide 5: Nano Dimension's Solutions

   5 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 5 NASDAQ / TASE : NNDM www.nano - di.com | © 2019 Nano Dimension. All rights reserved. Nano Dimension ’ s Solutions AME/PE Machines (controlled by AI algorithms ) produce electronic devices by simultaneous 3 D - i

6. Slide 6: Business Model: Recurring Revenue Model that Scales

   6 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. BUSINESS MODEL : Recurring Revenue Model that Scales Razor - Razorblade Model: As the installed base of systems grows, the recurring revenues from consumables increases . Positive trend of increased ink consumptio

7. Slide 7: Nano Dimension: Financial Data

   7 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. NASDAQ / ( TASE * ) : NNDM ADS ratio: 1:50 ADS Outstanding: ~8.2M ADS * Nano Dimension: Financial Data * As of April 5 th, 2020 * $ 70 M invested mostly in R&D, over 5 years * Cash , March 31 st, 2020 : $ 4.5 M *

8. Slide 8: New US Management for Nano Dimension

   8 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. New US Management for Nano Dimension • Yoav Stern – Incoming President & CEO (Joined January 2020 ) Investor and Chairman Cyber, Fintec and Mobile/Visual Tech (USA) . President & CEO DVTEL Inc . (Sold to FLIR Syst

9. Slide 9: Management – Industry Background

   9 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Management – Industry Background • Ofir Baharav – Chairman . (Joined 2017 ) A Leader of HW and SW companies in Semiconductors , 3 D Printing , PC Security , Healthcare Informatics and Digital Print . Lived and con

10. Slide 10: Management – Industry Background

    10 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. • Amit Dror – CCSO, Co - Founder . (Founded 2013 ) ECI Telecom Ltd . , Comverse Technology, Inc . , Eternegy Ltd . • Dr . Shlomit Chappel Ram – VP R&D . (Joined 2019 ) Physical Chemist, Post Doctoral in Chemistry

11. Slide 11: First Mover, Advantage and Timing

    11 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Nano Dimension: First Mover, Advantage and Timing Analysts predict 3 D printed electronics will be the next high - growth application for product innovation: 2017 3 D printed electronics market size is estimated

12. Slide 12: Post Corona World: Moving Supply Chain 'In House'

    12 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. “ Even as China comes back online, we are beginning to wonder if Covid - 19 will impact other supply - oriented geographies … While China is improving, the supply chain for the electronics industry may yet see su

13. Slide 13: Post Corona World: Moving Supply Chain 'In House'

    13 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Post Corona World: Moving Supply Chain ‘ In House ’ • "The global supply chain right now is disrupted; we are seeing disruptions across the board... the high - tech industry is heavily reliant on China and parts

14. Slide 14: A Rapidly Growing Market for High Performance Electronic Devices

    14 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. A Rapidly Growing Market for H igh P erformance E lectronic D evices ( Hi - PEDs ) High Performance Electronic Devices (Hi - PEDs) are integral enablers of: INDUSTRY VERTICALS • Defense • Aerospace • Intelligent

15. Slide 15: Hi-PEDs Necessitate

    15 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 15 NASDAQ / TASE : NNDM www.nano - di.com | © 2019 Nano Dimension. All rights reserved. Hi - PEDs Necessitate • Fast time - to - market • IP safety (in - house rapid prototyping and production) • Iterative develo

16. Slide 16: Economic Models of Present Fabrication Technologies Fail to Meet Market Needs

    16 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Economic Models of Present Fabrication Technologies Fail to Meet Market Needs Integrated Circuit ( “ IC ” , “ Chips ” ) Fabrication renders high performance devices but at an extreme & often prohibitive cost; dev

17. Slide 17: The Challenge: Bridging The Gap

    17 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Traditional Printed Circuit Boards (PCB) Traditional Integrated Circuits ( IC, Chips, CPU, ASICs) The Challenge : Bridging The Gap 17 NASDAQ / TASE : NNDM A dditively M anufactured E lectronics ( AME ) Nano Dimen

18. Slide 18: DragonFly LDM System

    18 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. DragonFly LDM™ System – Introduced during Q3/2019 • The only Prototyping & Fabrication Machine • 24 / 7 , 3 D - printing of electronic circuitry ( AME ) • Cost effective for small - medium size quantities 30+ PAT

19. Slide 19: 2019 vs. 2018 Sales Breakdown - Industry & Region

    19 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 2019 vs. 2018 Sales Breakdown - Industry & Region Defense 30% Health 6% Tech/PCB 7% Research/Univ. 17% Resellers 40 % 2018 In number of systems 2019 Defense 41% Tech/PCB 18% Research/ Univ. 26% Resellers 15% US 5

20. Slide 20: Evolution of Nano Dimension

    20 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Evolution of Nano Dimension Basic Testing 2013 - 17 DragonFly™ Early Adopters 2018 - 2019 D ragonF l y ™ Pro Fast Prototyping & Low Volume Production Q 3 / 2019 & Since Then: 45 % of Customers upgraded Pro>>>LDM

21. Slide 21: Compelling Value Proposition

    21 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Compelling Value Proposition   30+ PATENT APPLICATIONS TIME Reduces development cycles times. Enables on - site prototyping in a matter of hours instead of weeks, even for complex d

22. Slide 22: Customers: Harris Corporation and Hensoldt

    22 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 22 NASDAQ / TASE : NNDM www.nano - di.com | © 2019 Nano Dimension. All rights reserved. • Harris Corporation & Space Florida (2019) Defense Contractor; https://www.harris.com/ * • Hensoldt AG, Germany ( $1.3B Def

23. Slide 23: Case Study: Harris Corporation: RF Amplifier to Space

    23 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Case Study: Harris Corporation : RF Amplifier to Space “ Results showed similar RF performance between the 3 D printed version and the baseline amplifier, clearly demonstrating the viability of 3 D printed electr

24. Slide 24: 3D Printed Electronic Components – Next Level of AM Applications

    24 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. 3D Printed Electronic Components –Next Level ofAM Applications Rolf Baltes, AndreasSalomon, JörgSander 16.03.2020 3D Printed Electronic Components –Next Level ofAM Applications Rolf Baltes, AndreasSalomon, JörgSa

25. Slide 25: The Printer - Facts

    25 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. THE PRINTER -facts • Dragonfly LDM –Printer installed in Feb.2019 • Ink-Jet printer with two print heads: silver andpolymer • Print from scratch: real 3D structurespossible • Duration of prints: up to 80hours • C

26. Slide 26: Application of 3D PCB Printing for Rapid Prototyping

    26 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. The way from the layout to fully functionalelectronics Layout (Gerber-files) PrintJob SWITCH Printed Board 20 –80h PostProcessing (PP) Printed Board withacceptable conductivity Fullyfunctional circuit First proto

27. Slide 27: Example Rapid Prototyping at HENSOLDT

    27 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Fewdays Population Example Rapid Prototyping atHENSOLDT Layout Conventional production ACB 60h +8h Print +PP 4months PCB MaterialSample Populated Front Populated Back FinishedBoard March 16,2020 This document and

28. Slide 28: Special Designs, Unique Devices

    28 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. March 16,2020 This document and its content is the property of HENSOLDT Sensors GmbH. It shall not be communicated to any third party without the owner’s written consent. © Copyright HENSOLDT Sensors GmbH 2019. A

29. Slide 29: Growth Plan

    29 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. NASDAQ: NNDM Growth Plan

30. Slide 30: Plan for 2020: Riding the Elephant

    30 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. There is an Elephant in the Room: i. Tackle: March – April / 2020 ii. Mitigate: April – September / 2020 iii. Leverage: June – December / 2020 iv. Growth: Q 4 / 2020 – 2021 Plan for 2020 : Riding the Elephant

31. Slide 31: Plan for Q1/2020: Tackle

    31 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. i . Tackle : February – March / 2020 – DONE * - Reduced salary cost : ~ 30 % : $ ( 2 , 000 , 000 ) annually * - Reduced non - salary cost : ~ 20 % : $ ( 1 , 000 , 000 ) annually * - Total cost reduction : $ ( 3 ,

32. Slide 32: Mitigate and Leverage: March – December 2020

    32 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. ii . Mitigate : March – September 2020 : A - Expand NaNoS (Printing Electronic Design Services ) - until Corporations ’ Capex are ‘ released ’ . Build USA Sales Force & GTM & NaNoS Fabrication Facility (DragonFly

33. Slide 33: Growth: Q4/2020 – 2021

    33 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Footprint As of January 2020 Resellers – continued Nano Dimension ’ s New HQ iv. Growth : Q 4 / 2020 – 2021 Continue Growth Plan Plan for 2020 - 21: Growth * Continue Product Engineering improvements to fit produ

34. Slide 34: Capitalization Table

    34 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Capitalization Table (1) Employees, officers, directors and consultants Securities Outstanding as of April 1, 2020 Outstanding ADSs 8,162,537 Treasury ADSs 10,541 Options 1 (WAEP: $14) 587,478 Warrants (WAEP: $6.

35. Slide 35: Key Highlights

    35 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Key Highlights: Growth company with significant technology and first mover advantage. Successfully transitioned from an R&D company to commercial sales . Rapidly increasing customer base and establishing global p

36. Slide 36: Thank You

    36 NASDAQ / TASE : NNDM www.nano - di.com | © 2020 Nano Dimension. All rights reserved. Nano Dimension® Copyright © 20 20 Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension. Printed April 2020 DragonFly ™ NASDAQ: NNDM THANK YOU Follow us: @

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