Nano Dimension Ltd · NASDAQ:NNDM
Nano Dimension — Investor Presentation (February 2020)
39 slides from Nano Dimension's investor presentation, Feb 3, 2020
Slide 1: Electrifying Additive Manufacturing
NODIMENSION Electrifying Additive Manufacturing® Intelligent Machines Consumable Conductive Dielectric Materials (Inks) A M E AME www.nano-di.com
Slide 2: Forward Looking Statements
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,” “es
Slide 3: AME Machines and Consumable Materials (Polymers & Silver)
Nano Dimension — AME Machines and Consumable Materials (Polymers & Silver) https://www.youtube.com/watch?v=UFaWbO0aUjPk&list=PLW7YOiIWnWhTShewSmy657p-0GnD2lotVr aS RAKISDINENSION High Performance Electronic Devices: Hi-PEDs rasona/ OM Fabricated the AME Machines (“3D-Printers”) AME Machines (Printer
Slide 4: Financial Data
Financial Data Nasdaq / TASE NNDM ADS ratio: 1:50 Shares outstanding 212.5M 4.25M ADS* * As of January 30, 2020 BIS NNANODIMENSION - - _ _ —_ Revenues 2017: $0.8M 2018: $5.1M 2019: $7.1M Revenue growth of *39% compared to previous year 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,00
Slide 5: Business Model: Recurring Revenue Model that Scales
BUSINESS MODEL: Recurring Revenue Model that Scales Consumables Revenues USD Thousands Razor and blades model: As the installed base of systems grows, the recurring revenues from consumables increases. 300 250 200 Positive trend of increased ink 150 consumption by customers is a io validation to our
Slide 6: New USA Management for Nano Dimension
New USA Management for Nano Dimension Yoav Stern — Incoming President & CEO Investor and Chairman Cyber, Fintec 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 Ho
Slide 7: Management — Industry Background (1)
Management — Industry Background (1) ¢ Ofir Baharav — Chairman. 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
Slide 8: Management — Industry Background (2)
Management — Industry Background (2) ¢ Amit Dror —CCSO, Co-Founder. ECI Telecom Ltd., Comverse Technology, Inc., Eternegy Ltd. ¢ Dr. Ram - VP R&D. Physical Chemist, Post Doctoral in Chemistry and Biochemistry, and an MBA. Head of R&D in Medinol, developing in vivo medica! equipment. ¢ Yael Sandler —
Slide 9: Market for High Performance Electronic Devices
Soot! "Market for High Performance lectronic Devices “Hi-PEDs” | Hi-PEDs Necessitate ¢ Fast time-to-market ; ¢ IP safety (in-house rapid prototyping and production) ¢ Iterative development. ¢ Device performance gains Control of fabrication facilities (Defense & Homeland _ Security Industries) PEDs.
Slide 10: The Challenge: Bridging The Gap
The Challenge: Bridging The Gap Nano Dimension’s AME Machines & Inks: Design >> Proof of Concepts >> Prototype & Short-Run Fabrication of in ated-PCB Additive : e ircuit B : Traditional: Integrated Circuits (JC, Chips, CPU, | ASICs) > DIMENSION NASDAQ /TASE:NNDM. 10
Slide 11: Cutting-Edge Applications
Cutting-Edge Applications Breakthrough innovations enable applications never additively manufactured before: Built-in battery DC to DC PCB side- Sensors: Packaging socket converter contact touch, torque, ey . strain gauge integrated circuits Produced in a single step, by converting ej _—_ digital fi
Slide 12: Typical High-Performance Electronic Devices (Hi-PED)
Typical High-Performance Electronic Devices (“Hi-PED”) NASDAQ TASE:NNDM. 12 RF antennas Applications: Communications, cell phones, radar, loT Market size: $21B in 2019, 6.9% CAGR by 2025 Segment leaders: Murata, Cobham, Antcom Their challenge: Weight BGA component support Specialized Technological c
Slide 13: The Problem: New Electronic Applications Create The Gap
The Problem: New Electronic Applications Create “The Gap” Between: Integrated Circuits Printed Circuits Boards High performance miniaturized Electrical-Circuits- Lower performance Printed circuit boards (“PCB”) that Devices (“Chips”, “IC”) that are extremely costly to are costly to develop through p
Slide 14: Economic Models of Present Fabrication Technologies Fail to Meet Market Needs
Economic Models of Present Fabrication Technologies Fail to Meet Market Needs be Integrated Circuit (IC, “Chips”) Printed Circuit Boards (PCB) Fabrication renders high performance Fabrication renders lower cost than IC devices but at an extreme and often but also lower performance devices that prohi
Slide 15: The Challenge: Bridging The Gap
The Challenge: Bridging The Gap Traditional: Integrated Circuits (/C, Chips, CPU, | ASICs) DIMENSION a
Slide 16: A Rapidly Growing Market for High Performance Electronic Devices
A Rapidly Growing Market for High Performance Electronic Devices (Hi-PEDs) High Performance Electronic Devices (Hi-PEDs) are integral enablers of: ;woustry RESEARCH ADDITIVE institutes VERTICALS SERVICES f * Defense ¢ Academic ¢ Additive ¢ Aerospace institutions ad Intelligent drones service univers
Slide 17: 2019 Vs. 2018 Sales Breakdown - per Industry
2019 Vs. 2018 Sales Breakdown - per Industry 2018 2019 Resellers _ 15% | _Defense Reseters 30% Defense o\ / 41% Research/Univ. y, J Health 26% =~ 6% Research/Univ- \Tech/PCB CB 17% 7% 18% ak
Slide 18: 2019 Vs. 2018 Sales Breakdown - per Region
2019 Vs. 2018 Sales Breakdown - per Region 2018 2019 DD = 30 systems in 2018 27 systems in 2019 aes
Slide 19: Worldwide Reach and Expansion
Worldwide Reach and Expansion eo) Distributors (e] Customers 9 Headquarters aes NANODIMENSION
Slide 20: First Mover, Advantage and Timing
Nano Dimension: First Mover, Advantage and Timing 3D Printed Electronics Market: Growth Forecast* Analysts predict 3D printed electronics (USD Millions) will be the next high-growth 3000 application for product innovation: 2500 2000 2017 3D printed electronics market size is estimated at $176 millio
Slide 21: Evolution of Nano Dimension
Evolution of Nano Dimension Add materials with new applications Functional Electronic Deliver hybridized capabilities that combine mechanical functionality within electrified geometries DragonFly™ LDM DragonFly™ ai | r Materials Pro — DragonFly™ Fast Prototyping and LowVolume re-g Production Additiv
Slide 22: Nano Dimension's Solutions
Nano Dimension’s Solutions A AME Machines (controlled by Al 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,
Slide 23: DragonFly LDM System — Introduced Only Since July 2019
DragonFly LDM™ System — Introduced Only Since July 2019 July 2019: DragonFly Lights-Out Digital Manufacturing (LDM) Machines using 3D printing technology ¢ The only Prototyping & Fabrication Machine; ¢ Around-the-clock 3D-printing of electronic circuitry (AME); = = = * Cost effective for small-mediu
Slide 24: In Summary: The Technological Edge
In Summary: The Technological Edge High precision inkjet technology Rei Sees NANODIMENSION NASDAQ /TASE :NNOM Multi- material 3D printing Combining conductive Nano-silver & dielectric polymers First additive manufacturing for functional 3D electronics
Slide 25: Compelling Value Proposition
Compelling Value Proposition @ TIME Reduces development cycles times. Enables on-site prototyping in a matter of hours instead of weeks, even for complex designs. e; COMPONENT CONSOLIDATION Multi-material additive manufacturing enables functional, compact, denser, non-planar electronics parts. Riww
Slide 26: Case Study: Harris Corporation: RF Amplifier to Space
Case Study: Harris Corporation: RF Amplifier to Space Joint project for space systems communication satellites: 3D printed RF antenna designed to operate at 5.2 GHz and an RF amplifier with operation up to 6 GHz. Received a 2" grant approval from the Israel Innovation Authority, in cooperation with
Slide 27: Growth: 2020-2021
Growth: 2020-2021 2nd priority id Asia sales, engineering id customer support force to fit market scale Re-design and implement APAC Go-To-Market strategy 1st priority ¢ Build USA headqu * — Re-build USA sales, engineering and custo} support force & knowledge toa full scale * — Re-design and impleme
Slide 28: Key Highlights
Key Highlights Growth company with significant technology and first mover advantage. Successfully transitioned from an R&D company to commercial sales. Rapidly increasing customer’s base and established global presence. Recognized by industry leaders, won prestigious awards and national grants. 57 s
Slide 29: Slide 29
Slide 30: Nano Dimension's Solutions
Nano Dimension’s Solutions Nano Dimension systems concurrently integrate in-situ — ; capacitors, antennas, coils, transformers and electromechanical mponents, to function at unprecedented performance. Dimension BRIDGES THE GAP between PCB and ~ tegrated circuits. A revolution at the click of a i \Dt
Slide 31: DIMENSION,
DIMENSION, NASDAQ /TASE :NNOM 3 1
Slide 32: Open-Ended Revenue Growth Potential
Open-Ended Revenue Growth Potential RESEARCH INSTITUTES INDUSTRY VERTICALS ADDITIVE SERVICES *Academic institutions and *Defense * Additive service bureaus universities ¢ Aerospace °PCB service bureaus ¢Research & innovation centers Autonomous Automotive ¢In-house print services Development * Medica
Slide 33: Appendix
NASDAQ TASE:NNOM DIMENSION 33 Hi-PEDs
Slide 34: Case Study: The Next Generation in Additive Manufacturing
Case Study: The Next Generation in Additive Manufacturing First tested by HENSOLDT, global defense & security pioneer: The DragonFly LDM™ Lights-Out Digital Manufacturing system is the industry's only comprehensive additive manufacturing platform for round-the-clock 3D printing of electronic circuit
Slide 35: Strategic Growth Plan
Strategic Growth Plan Growth by monetizing commercially available products for additive electronics design & prototyping Deliver manufacturing-grade machines for low volume of Hi-PEDs using AME ¢ Add materials with new applications * Deliver hybridized capabilities that combine mechanical functional
Slide 36: Company Timeline
Company Timeline Be * 2014: Listed on TASE TEL STOCK EXCHANGE * 2016: Listed on Nasdaq * 2019 revenues: $7.1m fe Nasdaq * 2018 revenues: $5.1m 57 systems sold WW until 12/2019 FORTUNE * 2016-2017: Early access * Built global sales and * Increased revenues trials with Fortune 500 operations infrastru
Slide 37: 2019 Highlights
2019 Highlights 57 systems sold to leading companies and organizations worldwide until 12/2019 Further expansion in the U.S. defense industry. In Q3- four additional sales to leading defense organizations SS Increased ink consumption validates the company's recurring revenue model Leading technology
Slide 38: Experienced Leadership Team
Experienced Leadership Team ecco eco eco Yoav Stern Yael Sandler Jaim Nulman Ofir Baharav President & CEO CFO cTo Chairman of the Board di A eco eee eee coo Amit Dror Sela Chen Gilad Reshef Dan Abraham Customer Success Officer VP Customer Support VP Sales VP Operations " Co-Founder aD
Slide 39: Thank You
THANK YOU Follow us:
Nano Dimension — Investor Presentation (February 2020) on 6ix