Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040

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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE

    Issuance of Equity Participation Units
                         March 2021

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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
PROPER DISCLOSURE AND FORWARD-LOOKING INFORMATION

    This presentation was prepared by HIVE 2040 (hereinafter: “The Fund") for the purpose of a general presentation about the fund, and therefore, the information contained therein is only a
    summary, and does not exhaust the full data about the fund and its activities. Therefore, this presentation does not describe the fund 's activities in full and in detail, and it is not intended to
    replace the need to review the fund’s public reports, including completion prospectus and off-page prospectus of the fund (the "prospectus"), which should be read in conjunction with the reports
    published by the fund, by virtue of law on the Tel Aviv Stock Exchange website and the Securities Authority website. The information contained in this presentation does not purport to encompass
    or contain any information that may be relevant for the purpose of making any decision regarding the investment in the securities of the fund. The fund though does not undertake to update
    or change the information contained in the presentation to reflect events or editing, processing, or segmentation different from the way the presentation is presented or changes that will occur
    after the date of preparation. This presentation contains forward-looking information, as defined in the Securities Law, 1968, including forecasts, assessments, estimates and other information
    regarding events and matters that will occur or may occur in the future, including in connection with the revenue and profitability forecast, the realisation of which is uncertain or controlled by
    the fund. Forward-looking information in the presentation is based on estimates and assumptions. The fund management as of the date of preparation of the presentation, which are inherently
    uncertain as they involve risks for the activities of the fund, and which are not controlled by the fund, each of which, or a combination of them, may harm the results of the fund's activities and
    in any case the realisation of the said assessments and forecasts. The presentation includes data and statistics published by third parties, Whose content has not been reviewed by the fund and
    .the fund is not responsible for their correctness. The information contained in the presentation does not constitute an offer or invitation to make offers for the purchase of the fund’s securities

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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
INTRODUCTION

          HIVE 2040 is a research and development VC           The fund was established by the Avnon Group, in collaboration
         fund to be lisited on the Tel Aviv stock exchange.       with leading financial and strategic partners - like Migdal
                                                               Group and Meitav Dash, experienced managers, entrepreneurs
                                                                     and experts with a proven track record in business
                                                                   development and promotion of technological advancement.

       The partnership will invest in innovative technology                 The fund’s team has vast experience in
     companies with high growth potential and experienced                companies betterment, alongside an extensive
    staff, that operate in the Smart Economy and Public Safety           history of Large-scale investments and leading
     domains, accelerating their exit in the foreseeable future.                         M&A’s and IPO’s.

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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
FUND MANAGEMENT

    AVIAD GRINFELD CO-CEO              AVI KOCHVA CO-CEO                     KOBI NIR CFO                           STACY DOTAN CMO
     Deputy President Avnon Group.      CEO Avnon Fintech Division.           Vast experience leading complex        Member of the Board of
                                                                              international transactions, fund       Directors at several of the
     Former Chief Credit Officer and    Former commander of MAMRAM in         raising and IPOs. Former M&A leader    Avnon Group companies.
     BD Director for Bank Leumi.        the IDF and holds the rank of full    at IAI, CFO at Arkin Holdings Group
                                        Col. (retired).                       & Sol-Gel Technologies, leading        Vast experience leading
     Member of the board for several                                                                                 pre - IPO marketing strategies.
     of the Avnon Group companies       Former Global Account Manager at      the IPO in NASDAQ. Board member
     and Chairman of Comparts ltd.      HPE, Deputy CEO at Bank Hapoalim,     of Sphera Global Healthcare &          Previously led the marketing
                                        a member of the Management            Investments Committee member &         activities at Logic Industries
     B.A in Economics & Business        Board and Head of the Innovation      CFO at Accelmed.                       and business development
     Management and an MS in Law        Division and Director on the Board                                           at Crystal Systems Solutions
     from Bar Ilan University.                                                B.A political science from
                                        of Isracard.                          University of Haifa, B.A Economics     Formula Group.
                                        Member of the Advisory Board of       & Accounting from The Hebrew
                                        several start-up companies.           University and an MBA in
                                                                              Business Admin. & Financial Risk
                                        B.A. in Economics from the Bar-Ian    Management from IDC Herzliya.
                                        University, MBA Graduate and PhD
                                        candidate at the ABS International
                                        University of Switzerland.
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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
INVESTMENT COMMITTEE

    TOMER AVNON                               YOHANAN DANINO                            TAMIR PARDO
                                              CHAIRMAN OF THE BOARD
     Founder and CEO of the Avnon Group.                                                 Former Director of the Mossad
                                               Former Chief of the Israeli               (2011-2016) – The national
     Over 32 years of proven experience in     Police force, leading the Unit of         intelligence agency of Israel and
     execution and delivery of large scale,    International Crime, Intelligence         one of the main entities in the
     international HLS projects.               & Investigations Dept.                    Israeli Intelligence Community.
     Established his fist company,             Former Chairman at Migdal                 Co-Founder and President of XM.
     tar ideal in 1989.                        Insurance Company.
                                                                                         One of the most respected public
     Vast experience stablishing               Senior Advisor at McKinsey                figures in Israel and around the
     companies from ground-up.                 & Company and ICT at IDC.                 world.
                                               Chairman of the board of Hard
                                               Digital, Together Pharma, Advisory
                                               board of Black cube and Sosa.
                                               B.A in Law from Tel Aviv University
                                               and MBA in Public Policy and Political
                                               Science from Haifa University.
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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
INVESTMENT COMMITTEE

    JOSEPH WEISS                             JACK BALANGA                              BUKY CARMELI
     Former president and CEO of IAI          ADV. MBA, certified accountant            Former head of the National Cyber
     and Chairman of the Board of ELTA.       & financial advisor.                      Security Authority the M.O.D.
                                                                                        Cyber and Technology Defence.
     Member of the Board of Directors         Former Vice President of the Institute
     at Spacecom, BSEL and UVision.           of Certified Public Accountants           Ex-officer at one of the IDF’s
                                              & Chairman of the Tax Committee.          elite technological units.
     Consultant to local and international
     aerospace companies.                     Founding partner of one of the            Entrepreneur and founder with
                                              largest accountancy firms in Israel.      over 30 years of experience
     Technion Institute of Technology                                                   leading large C5I R&D teams.
     Haifa – Member of the honorable          Member of the Board of Auditors of
     Board of Directors.                      the Ministry of Justice and member        B.Sc., Master in Science, The
                                              of the Board of Directors (Central        Department of Electronics
                                              Committee) of the Institute               & Computers engineering,
                                              of Certified Public Accountants.          Ben-Gurion University, Israel.

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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
ABOUT AVNON GROUP
      Founded by Tomer Avnon, former Isareli Navy Seal, an         Diverse Deal flow of companies developing
      entrepreneur with extensive experience in establishing        advanced technologyies, allows us to identify
      and developing companies from the ground up.                  early stage oopportunities in accordance with
                                                                    international market trends and the needs
      Annual revenue turnover stands at hundreds of
                                                                    of our customers.
      millions of dollars.
                                                                    A vast ecosystem of financing and business
      Specialising in providing integrative solutions and
                                                                    development organisations, financial institutions,
      advanced technologies to financial organisations,
                                                                    international experts, research institutes and
      governmental bodies, and HLS agencies in the public
                                                                    thousands of clients, to provide target companies
      safety sectors.
                                                                    with holistic support for rapid growth.

    Avnon Group in Numbers

    280 14 7 70
     Employees   companies    Global     countries
                             Locations

    The Avnon Group operates in 4 vectors
                        Venture           Integrated
    Manufacturing                                      Technology
                        Capital            Solutions

                                                                                                                         View company profile
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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
OUR ECO-SYSTEM
    The Avnon Group has a unique ability to examine investment opportunities and actual technology applications due
    to an established network of diverse business partners and its many customers in over 70 countries.

             DEAL FLOW

             VALUE CREATION

             GROWTH

             FUNDING

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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
FUND MANAGEMENT SUCCESS STORIES

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Issuance of Equity Participation Units - HIVE - EMERGING TECHNOLOGIES FOR A SAFER FUTURE March 2021 - HIVE 2040
INVESTMENT STRATEGY

                         SMART                            PUBLIC                     SMART                              CYBER
                         CITIES                           SAFETY                   ECONOMY                             SECURITY

     The fund will invest in companies delivering     Investments embodying significant holding rates   Companies betterment and acceleration
     innovative technologies in the fields of Smart   that allow us to utilise the fund’s managerial    of the the Go-To-Market strategy through
     Economy and Public Safety, with high growth      skills to deliver significant ROI.                a unique methodology, based on synergy
     potential and an experienced team, whose                                                           between business development processes
     path to an Exit is in the foreseeable future.                                                      and technological acceleration, alongside
                                                                                                        professional guidance and comprehensive
                                                                                                        logistical support.

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SCALE-UP PROCESS
                                                                                              5
                                                                             4
                                                           3                               Growth
                                 2                                      Business           towards
           1                                          • Due Diligence   Developmemt        an M&A /IPO
                           • Eco-System               • Investment      (Implementation)
                                                        Committee
     • Market analysis     • Deal flow
       & customer          (After POC & validation)
       requirements

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HIGH GROWTH MARKETS
                                            TOTAL MARKET WORTH OF 1.5 TRILLION USD

      PUBLIC SAFETY                                                                          CYBER SECURITY                                                                                SMART CITY
      Global public safety market                                                            Global cyber security market                                                                  Global smart city market
      (BUSD,2020-2027)                                                                       (BUSD,2020-2027)                                                                              (BUSD,2020-2027)
      The Homeland security Market offers products,                                          The cyber market is recording exceptional growth,                                             Going forward, increasing popularity of digital
      services and systems to government and private                                         mainly as a result of an increase in the number of                                            payments, exponential growth of e-commerce and
      organisations to protect the public from various                                       businesses dependent on technologies and ongoing                                              online entertainment, 5G technology, urban population
      internal and external threats.                                                         digitisation, which are increasing the prevalence of                                          growth and the effects of the covid-19 pandemic are
                                                                                             cyber attacks.                                                                                expected to lead to market growth.

                                                                                  $ 812.7B                                                                                                                                                                        $ 463.9B

                                            R 1 2.8 %                                                                                       R 10%
                                        CAG                                                                                            C AG                               $ 335.4B
                                                                       $ 722.2B
                                                                                                                                                                                                                      G R 2 4.7 %                      $ 349.3B
                                                                                                                                                               $ 304.2B
                                                                                                                                                                                                                    CA
                                                            $ 640.3B                                                                                                                                                                        $ 263.1B
                                                                                                                                                    $ 277.2B
                                                 $ 567.6B                                                                                $ 252.1B                                                                                $ 198.1B
                                      $ 503.2B                                                                                $ 229.1B                                                                                $ 149.2B
                           $ 446.1B                                                                                $ 208.3B                                                                              $ 112.3B
                $ 395.4B                                                                                $ 189.3B                                                                               $ 84.6B
                                                                                    2027                                                                                    2027                                                                                    2027
     $ 350.6B                                                            2026                $ 172.2B                                                            2026                $ 63.7B                                                             2026
                                                             2025                                                                                    2025                                                                                    2025
                                                   2024                                                                                    2024                                                                                   2024
                                        2023                                                                                    2023                                                                                    2023
                             2022                                                                                    2022                                                                                  2022
                  2021                                                                                    2021                                                                                  2021
       2020                                                                                    2020                                                                                   2020

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BENEFITS

     FOR START-UPS                                             FOR INVESTORS
       set of managerial, human and technological
      A                                                         High exposure to evolving
     resources In the relevant areas of activity.              technologies in it’s early stages.
     Exposure to the Avnon Group’s global customer base.        Investment in companies according
                                                                to close 43 of the Innovation Authority.
      ccess to financial resources, exposure to the capital
     A
     market , investors and comprehensive & diverse             The partnership is an open fund,
     capital raising options.                                   with no expiration date.
     Growth acceleration towards an exit.                       Liquidity - Unobstructed participation
                                                                units that allow entry / exit at any time.
                                                                Option to redeem profits immediately
                                                                in case of value overflow (M&A/IPO).

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FUND STRUCTURE

     Fund structure: Research and development partnership
     Scope of fund raising: Tens of millions of NIS
     G
      eneral Partners: Avnon Group, Leader Capital Markets,
     APEX Issuances, Migdal Group and Meitav Dash
     G
      eneral partner investment: NIS 10 million
     (of which NIS 4 million by the Avnon Group)

     S
      lim and efficient expense structure:
     Management Fee: $ 25,000 monthly.
     position holders do not receive salaries
     or management fees from the fund
     Initiation fee:
     Up to 100% return - 20% of profit
     Over 100% return - 30% of profit
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SUMMERY

         Senior staff with many years of                Agreements signed with           Accompanying the companies by the          Investing in quality opportunities
     background and experience in the fields          three innovative companies         fund's management team in order to         while achieving maximum return
     of management, business, technology,               with unique technology         improve the proposed value proposition       on investment and in a short time
          IPOs and investment bodies

                               The cheapest management fees in             Orderly and professional           The Avnon Group will significantly
                             the market, the officers do not attract       screening processes for             promote the sales of the target
                           salaries from the fund, contributes to the      examining the quality of             companies among its many
                         coordination of interests between the fund's            investments                    customers around the world
                            investors and the fund's management

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Thank you!

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