Slide 1: Q2 2025 Earnings Call Presentation
Q2 2025 Earnings Call Presentation August 13, 2025 1
Slide 2: Disclaimer
Disclaimer All statements in this presentation, other than those relating to historical facts, are "forward‐looking statements.” Forward-looking statements contained in this presentation include, but are not limited to, statements regarding Gauzy’ Ltd.’s (the “Company”) strategic and business plans,
Slide 3: Q2 2025 Highlights
Q2 2025 Highlights Nasdaq: GAUZ Record Backlog Supports Continued Adoption of Gauzy’s Innovative Technologies Purchase Order Backlog of $43M, up $7M New Strategic Customers and Product Releases Across Segments Q2 Revenues of $20.1M and Gross Margin of 21.4% $15M of Bank Debt Raised at Favorable Rate
Slide 4: A Global Leader in Vision & Light Control
A Global Leader in Vision & Light Control Manufacturing Sites Israel – Tel Aviv Patents (1) 4 Germany – Stuttgart France – Lyon 147 Granted Global USA – Melbourne, FL Employees (1) 17 Pending 712 LTM Q2 2025A $96.8 million Headquarters Tel Aviv, Israel Customers Global 1,300+ Distribution (1) Office
Slide 5: Four Business Divisions Defined by Distinct End Markets
Four Business Divisions Defined by Distinct End Markets Aeronautics Architecture Automotive Safety-Tech Top Tier 1 vendor of custom and serial Interior and exterior LCG® for built Serving automotive customers as a Technologies including camera monitor LCG® and traditional shading products spaces acr
Slide 6: Strong Multi-Year Backlog to Drive Compounding Growth
Strong Multi-Year Backlog to Drive Compounding Growth REVENUE PIPELINE REVENUE +$1B Contracted & uncommitted revenue expected to realize over 10 years CONTRACTED BACKLOG (Q4 2024) $409M Minimum contracted & committed revenue expected to realize over 10 years ~$135M Expected 2025 revenue at the midpo
Slide 7: Strong Backlog & Long-Term Supply Agreements Drive Visibility
Strong Backlog & Long-Term Supply Agreements Drive Visibility A strong backlog and long-term supply agreements give us exceptional visibility into future demand, enabling us to deliver consistent results and sustained growth. $ in millions Purchase Orders(2) ✓Up $7.2M compared to Q1 2025 Aeronautics
Slide 8: Financial Highlights Q2 2025
Financial Highlights Q2 2025 $ in millions Revenue Gross Profit Adjusted EBITDA YoY YoY Growth (17.8%) +22.4% (35.0%) +64.0% -$4.8M +680bps Growth Q2 2024 Q2 2025 $6.6 $24.4 $20.1 $4.3 ($3.9) ($8.7) Q2 2024 Q2 2025 Q2 2024 Q2 2025 Margin 27.0% 21.4% (16.0%) (43.4%) 8
Slide 9: Adoption Trends Driving Long-Term Revenue Growth
Adoption Trends Driving Long-Term Revenue Growth $ in millions YoY 7.9% 41.9% 7.9% Growth $96.8 $89.7 35.7 39.2 Aeronautics 12.8 Architecture 11.5 4.0 Automotive 3.4 Safety-Tech 44.3 35.6 LTM Q2 2024 LTM Q2 2025 9
Slide 10: Q2 2025 Segment Performance
Q2 2025 Segment Performance (1) ($ in Millions) Aeronautics Architecture Automotive Safety Tech Revenue $6.9 $2.5 $1.4 $9.3 YoY Change (31.7%) (5.2%) 54.1% (14.1%) Gross Profit $1.6 $0.8 $0.2 $1.6 Gross Margin 23.0% 33.9% 15.6% 17.7% • Multiple segments experienced shifts in the timing of deliveries
Slide 11: Strong Liquidity Profile Supports Business Plan Execution
Strong Liquidity Profile Supports Business Plan Execution ($ in Millions) June 30, 2025 December 31, 2024 Cash and Cash Equivalents 1.2 5.6 Since April 2025, Closed on $15 Million of Debt Undrawn Credit Line 35.0 35.0 Financing with Mizrahi Bank, Including $5 Million Total Available Liquidity (inclu
Slide 12: Reaffirms Strong Full Year 2025 Guidance
Reaffirms Strong Full Year 2025 Guidance • Revenue growth of >30% at the midpoint reflects strong demand across all four segments, growing adoption of Gauzy technologies, and expanded production capacity in place to meet demand REVENUE • Expect first ever full year of positive Adjusted EBITDA $130-1
Slide 13: Investment Highlights
Investment Highlights 1. Rapidly growing light and vision control company, 33% year over year growth(1) 2. Addressing multiple TAMs in excess of $44B 3. Top tier customers with established relationships 4. Global, asset light operations approach poised for significant growth 5. Strong and differenti
Slide 14: Reconciliations
Reconciliations 14
Slide 15: Reconciliation of Net Loss to Adjusted EBITDA
Reconciliation of Net Loss to Adjusted EBITDA Three Months Ended Six Months Ended June 30, June 30, (in thousands of USD) 2025 2024 2025 2024 Net Loss $(10,736) (23,087) $(21,514) (36,334) Income tax expense (income) $16 22 $71 84 Financial (income) expenses, net $(1,790) 15,274 $240 18,828 Deprecia