Revenue and Financial Performance - Revenues in 2022 were $6.0 million, up 10% compared to $5.5 million in 2021[1] - 2023 revenues are targeted in the range of $12-15 million, with new NRE bookings targeted at $20-40 million[10] LiDAR Unit Volumes and Order Book - LiDAR unit volumes increased 99% in 2022 compared to 2021[1] - The Company increased its forward-looking order book by +165% in 2022, ahead of its stated goal of +30%[10] - The Company's pipeline for potential LiDAR orders is now over 20 million units, with NRE bookings estimated at $150-250 million[15] Liquidity and Cash Position - Innoviz maintains significant liquidity with approximately $186.2 million in cash, short-term deposits, and marketable securities as of December 31, 2022[3] - Cash and cash equivalents increased to $55,718 thousand in 2022 from $23,640 thousand in 2021, a 135.7% increase[20] - Bank deposits decreased to $80,684 thousand in 2022 from $230,483 thousand in 2021, a 65% decrease[20] - Marketable securities increased to $41,681 thousand in 2022 from $11,607 thousand in 2021, a 259.1% increase[20] Operating Expenses and R&D - Operating expenses in 2022 were $124.6 million, down 18% compared to $152.6 million in 2021[16] - Research and development expenses in 2022 were $95.1 million, slightly up from $93.3 million in 2021[9] Assets and Liabilities - Total current assets decreased to $187,553 thousand in 2022 from $274,429 thousand in 2021, a 31.7% decrease[20] - Property and equipment, net increased to $30,489 thousand in 2022 from $14,502 thousand in 2021, a 110.2% increase[20] - Total long-term assets increased to $67,880 thousand in 2022 from $52,791 thousand in 2021, a 28.6% increase[20] - Total liabilities increased to $63,416 thousand in 2022 from $28,418 thousand in 2021, a 123.1% increase[20] - Total shareholders' equity decreased to $192,017 thousand in 2022 from $298,802 thousand in 2021, a 35.7% decrease[20] - Accumulated deficit increased to $(511,834) thousand in 2022 from $(384,962) thousand in 2021, a 33% increase[20] - Additional paid-in capital increased to $703,851 thousand in 2022 from $683,764 thousand in 2021, a 2.9% increase[20] Strategic Developments and Product Launches - Innoviz added Steven Schondorf as a senior strategic advisor to accelerate its evolution as a leading Tier 1 LiDAR supplier[15] - Innoviz 360 debuted at CES 2023, receiving significant customer interest for its 360-degree LiDAR solution[15]

Innoviz Technologies Ltd. (NASDAQ:INVZ) Q4 2022 Earnings Conference Call March 1, 2023 9:00 AM ET Company Participants Rob Moffatt – Vice President-Business Development and Investor Relations Omer Keilaf – Chief Executive Officer Eldar Cegla – Chief Financial Officer Steven Schondorf – Chief Engineer-ADAS systems-Ford Conference Call Participants Mark Delaney – Goldman Sachs Jared Maymon – Berenberg Andres Sheppard – Cantor Kevin Cassidy – Rosenblatt Securities Operator Welcome to Innoviz Fourth Quarter and ...

Full Year 2022 Earnings Presentation Many factors could cause actual future events, and, in the case of our forward-looking order book and NRE book, actual orders, to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the possibility that NRE would be set off against liabilities and indem ...

Exhibit 99.1 Innoviz Technologies Provides Commercial Updates and Reports Third Quarter 2022 Financial Results New customer win in Asia expands Innoviz's geographic footprint and adds new leading autonomous driving platform partner Innoviz grew its forward-looking order book to $6.9 billion, upgraded production throughput, shipped D-Sample units to customers, and accelerated its momentum in non-automotive markets TEL AVIV, Israel, November 9, 2022 – Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or ...

Innoviz Technologies Ltd. (NASDAQ:INVZ) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET Company Participants | --- | --- | |--------------------------|-----------------------------------------------------------------------------| | | | | | Omer Keilaf - Chief Executive Officer Eldar Cegla - Chief Financial Officer | | | Conference Call Participants | | | Mark Delaney - Goldman Sachs | | Jared Maymon - Berenberg | | | Andres Sheppard - Cantor | Samik Chatterjee - JPMorgan | | | McClain Culver - ...

INNOVIZ TECHNOLOGIES right = 500 Q3 2022 Earnings Presentation November 9th, 2022 Forward Looking Statements This presentation contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, Innoviz's forward-looking order book, and Innoviz's projected future results. These forward-looking statements generally ar ...

Exhibit 99.1 INNOVIZ TECHNOLOGIES LTD. AND ITS SUBSIDIARIES INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2022 UNAUDITED INDEX | | Page | | --- | --- | | Interim Consolidated Balance Sheets | F-2 - F-3 | | Interim Consolidated Statements of Operations | F-4 | | Interim Statements of Changes in Convertible Preferred Shares and Shareholders' Equity (Deficit) | F-5 | | Interim Consolidated Statements of Cash Flows | F-6 - F-7 | | Notes to Interim Consolidated Financial Statements | F-8 - F-18 | | - ...

Financial Data and Key Metrics Changes - Revenues for Q2 2022 were $1.8 million, compared to $1 million in Q2 2021, indicating a significant increase [29] - Operating expenses in Q2 2022 were $28.8 million, a decrease from $170.7 million in Q2 2021, primarily due to a reduction in share-based compensation [30] - Research and development expenses for Q2 2022 were $21.9 million, down from $32.1 million in Q2 2021 [31] - The company maintains a high liquidity level of approximately $246 million in cash and marketable securities as of June 30, 2022 [27][28] Business Line Data and Key Metrics Changes - The Volkswagen Group nomination has increased Innoviz's order book by $4 billion, totaling $6.6 billion [7] - The company expects to supply LiDAR sensors for at least 8 million cars over the lifetime of the Volkswagen program, with a projected revenue ramp-up starting in three to four years [26][45] Market Data and Key Metrics Changes - Innoviz's overall automotive market share increased by 12% to a total of 15% [20] - The company is managing 12 automotive RFIs and RFQs at different stages, with expectations for two to three programs to be decided in the next six months [20][41] Company Strategy and Development Direction - Innoviz aims to become the world's leading tier one supplier for LiDAR and perception software in the automotive industry, focusing on partnerships with major car manufacturers like Volkswagen and BMW [5][10] - The company is investing in technology and perception software while ramping up production capabilities for InnovizTwo [22][23] - Innoviz is also exploring opportunities in non-automotive markets, leveraging the maturity of its products [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the contractor's ability to supply tier 1 and other brands, with positive dynamics in discussions with various brands [39] - The company is optimistic about additional brands being included in the Volkswagen program, which could further enhance revenue potential [40] - Management believes that being recognized as a tier 1 supplier has increased credibility with other OEMs, facilitating discussions for new contracts [50][52] Other Important Information - Innoviz has appointed country managers for the U.S. and Japan to capitalize on growth opportunities following the Volkswagen nomination [12] - The company is hosting events to strengthen collaboration with leading platform vendors, including a workshop with NVIDIA [9][10] Q&A Session Summary Question: Understanding CARIAD and its impact on the order book - Management confirmed confidence in the contract with Volkswagen and stated that integration discussions are ongoing with each brand [39] Question: Likelihood of winning additional programs - Management expressed strong positioning for upcoming programs, emphasizing the competitive advantage from guaranteed volume with Volkswagen [42] Question: Details on revenue ramp-up from the BMW partnership - Revenue is expected from both NRE and sales of cars equipped with LiDARs, with material revenue anticipated towards the end of next year [47] Question: Confidence in securing agreements with prospective customers - Management indicated that Innoviz is on the shortlist for all 12 prospective agreements, with a higher probability of success due to recent wins [48] Question: Impact of tier 1 status on credibility with OEMs - Management noted that tier 1 status has significantly improved credibility and opened doors for additional opportunities with car makers [50][52]

Company Vision and Strategy - Innoviz aims to become the world's leading Tier 1 supplier of LiDAR and perception software[2] - The company is expanding its global footprint, leveraging its success in Germany to target the EU, Japan, China, and the USA[7, 8] - Innoviz is transitioning to a direct supplier business model (Tier 1) to reduce costs for customers and increase revenue contribution[9] Key Partnerships and Market Position - Innoviz was selected by two leading car makers, representing 15% of the automotive market[6] - The company has established collaborations with market leaders, including BMW Group and Qualcomm[5] - Innoviz is targeting a 15% automotive market share[14] Product Development and Manufacturing - Innoviz is ramping up volume production of INNOVIZTWO B1 samples, expected to begin in early 2023[16] - First integration of INNOVIZ360 B samples is planned for Q3/Q4 2022, with engineering samples available by the end of 2022[16] - The company utilizes design for automation and relies on contract manufacturing to avoid additional investment in volume manufacturing[10] Financial Performance and Targets - Innoviz reported revenues of $1.8 million for Q2 2022, compared to $1.0 million in Q2 2021[17] - The company maintains a high liquidity level of $246 million in cash, short-term deposits, and marketable securities[17] - Innoviz has a $6.6 billion order book, representing total lifetime projected revenues from awarded accounts[14]

INNOVIZ TECHNOLOGIES the the 2 the See the Q1 2022 Earnings Presentation 11th May, 2022 Forward Looking Statements This presentation contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, Innoviz's forward-looking order book, and Innoviz's projected future results. These forward-looking statements genera ...