INTELLIGENCE ON

TRACK
Forward-looking Information
This presentation and oral statements made regarding the subject of this presentation contain “forward-looking statements” that involve substantial risks and uncertainties. Such statements
include, without limitation, references to the Company’s predictions or expectations of future business or financial performance and its goals and objectives for future operations, financial and
business trends, performances, strategies or expectations. Forward-looking statements include, but are not limited to, statements about: our lack of operating history; our current and future
capital requirements and our belief that our existing cash and the net proceeds from this offering will be sufficient to fund our operations for at least the next 12 months; our ability to
manufacture, market and sell our products and to generate revenues; our ability to maintain our relationships with key partners and grow relationships with new partners; our ability to
maintain or protect the validity of our U.S. and other patents and other intellectual property; our ability to launch and penetrate markets in new locations and new market segments; our ability
to retain key executive members and hire additional personnel; our ability to maintain and expand intellectual property rights; interpretations of current laws and the passages of future laws;
our ability to achieve greater regulatory compliance needed in existing and new markets; the overall demand for passenger and freight transport; our ability to achieve key performance
milestones in our planned operational testing; and acceptance of our business model by investors.

In some cases, you can identify forward-looking statements by the words “may,” “might,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “objective,” “anticipate,”
“believe,” “estimate,” “predict,” “potential,” “continue” and “ongoing,” or the negative of these terms, or other comparable terminology intended to identify statements about
the future. These forward-looking statements may not materialize, in whole or in part, or may materialize differently than expected, or may be affected by factors that cannot
be assessed in advance. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue
reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking
statements we make. You are cautioned not to place undue reliance on forward-looking statements. For a discussion of the factors that may cause our actual results,
performance or achievements to differ materially from any future results, performance or achievements expressed or implied in such forward-looking statements, see the
“Risk Factors” section included in our most recently filed Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission. Except as otherwise indicated,
the forward-looking statements contained in this presentation speak only as of the date of this presentation and the Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Market, Industry and Other Data

This presentation includes statistical, market and industry data and forecasts which we obtained from publicly available information and independent industry publications
and reports that we believe to be reliable sources. These publicly available industry publications and reports generally state that they obtain their information from sources
that they believe to be reliable, but they do not guarantee the accuracy or completeness of the information. Although we are responsible for all of the disclosures contained
in this presentation, including such statistical, market and industry data, we have not independently verified any of the data from third-party sources, nor have we ascertained
the underlying economic assumptions relied upon therein. In addition, while we believe the market opportunity information included in this presentation is generally reliable
and is based on reasonable assumptions, the industry in which we
operate is subject to a high degree of uncertainty and risk due to a variety of important factors that could cause results to differ materially from those
expressed in the estimates made by third parties and by us.
 AT A
GLANCE

State-of-the-Art Technology Systems for Autonomous-Drive Trains and for Accident Prevention

Founded by four 60 employees Awards and Prizes $63 Million Strategic investor
founders in 2016 (46 R&D personnel) Winner of the raised The world leader in train systems
Deutsche Bahn Traded on the NASDAQ:
MINDBOX competition RVSN

3 All rights reserved @Rail Vision 2022

 Potentially gives Rail Vision access to hundreds of
blue-chip customers worldwide.

A world leader in Traded at a Strategic investor:

valuation of Global presence
braking & peripheral 29,700 employees $25 million over
systems. 110 years €10.23 billion on two investment
the Frankfurt Stock at 100 sites
in the railway cycles and exercise
market. Exchange. over 30 countries. of warrants.
Total sales in 2021
€ 6.7 billion.

Data from Feb 21, 2023

4 All rights reserved @Rail Vision 2022

 THE PROBLEM
Railway accidents, loss of life, and financial losses for train companies.

Obstacles and faulty Severe railway accidents -

the braking distance is Loss of life and substantial
railway infrastructure. financial losses for the train
substantially longer than
the driver’s visual companies.
Huge infrastructure investments - the total
investment in railway track infrastructure capacity.
maintenance and renewal in Europe 2019 - over 1,552 severe railway accidents in
in 2016 was € 25 billion* the European Union countries alone.**

5 All rights reserved @Rail Vision 2022 *https://www.mckinsey.com/industries/public-and-social-sector/our-insights/using-analytics-to-get-european-rail-maintenance-on-track

**https://www.era.europa.eu/sites/default/files/library/docs/safety_interoperability_progress_reports/report_on_railway_safety_and_interoperability_in_the_eu_2020_en.pdf
ALTERNATIVES
CURRENTLY AVAILABLE IN THE RAILWAY MARKET

Attempts to use Static cameras

technologies from the incapable of
automotive world monitoring the
which are unsuitable railway
for the railway world infrastructure.
(speed and distance).

Technologically Focus on level

inferior solutions - crossings, lacking a
short ranges and solution for the
inadequate route.
resolution.

6 All rights reserved @Rail Vision 2022

THE SOLUTION
Technological progress for the railway world

• Artificial intelligence (AI)-based systems.

• Able to detect objects over 1 mile away.
• Obstacle detection and identification on and near the
track.
• Ability to function under severe weather and
conditions of limited visibility.
• Big Data collection for preventive maintenance.
• Passive, autonomous, and long-range detection
systems.

7 All rights reserved @Rail Vision 2022

 Passenger and Shunting Yards
Freight Train System
System

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 MARKET SIZE AND
TRENDS
The freight train industry in the United States
is estimated at approximately $80 billion*.
*https://railroads.dot.gov/rail-network-development/freight-rail-overview

The business activity in the global train industry

is growing at approximately $5.6 billion per
year*.
*https://www.railjournal.com/in_depth/sci-study-forecasts-upturn-in-global-rail-market

Global after-market sales reached approx.

$78 billion in 2020 and is growing at approx.
$3.5 billion per year*.
* https://www.gminsights.com/industry-analysis/railway-aftermarket

McKinsey - the solution for reducing

maintenance costs is in data collection and
9 Alladoption
rights reserved of innovative
@Rail Vision 2022 technologies*.
*https://www.mckinsey.com/industries/public-and-social-sector/our-
insights/using-analytics-to-get-european-rail-maintenance-on-track
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 PREDICTIVE MAINTENANCE ON
TRAINS AND INFRASTRUCTURE

United States
$25 billion of the profits of
freight train companies are
invested in infrastructure and in The use of Rail Vision
increasing transport volume**. systems potentially enables
savings of hundreds of
millions of dollars by
switching from breakdown
maintenance to preventive
Europe maintenance
Per annum investment of over
$25 billion on maintenance of
railway infrastructure in 2016*.

* https://www.mckinsey.com/industries/public-and-social-sector/our-insights/using-analytics-to-get-european-
rail-maintenance-on-track
10 All rights reserved @Rail Vision 2022 **https://railroads.dot.gov/rail-network-development/freight-rail-overview
THE
BUSINESS
MODEL

1 2 3 4
Sale of the Company’s Focusing on international Provision of Big data solutions designed to
systems and services, operators of passenger complementary solutions create recurring revenue
including maintenance, train, freight lines, and for preventive opportunities, with other
warranty, and system operational locomotives. maintenance. applications such as target
updates. advertising sustainability data
applications and more.
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RAIL VISION SYSTEM
Installed on an SBBC (Swiss Federal Railways) Cargo locomotive

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SALES PROCESS TO RIO TINTO AUSTRALIA

The world’s second-largest mining

and metals company. HQ London UK
ASX:RIO.

Operations in 35 countries,
with 47,500 employees.

Operates iron mines in Australia

using autonomous trains,
a world first.

An order has been received for a

paid Proof of Concept.

LTP Completed
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STRATEGIC
COLLABORATION
WITH ISRAEL
RAILWAYS

Strategic collaboration MOU with Israel Railways signed for a Israel Railways are
with Israel Railways on long-term pilot and delivery of 6-10 considering the installation
the Company’s systems. units, with a potential for an additional of Switch-Yard systems
200 units. due to safety benefits.

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 LOOKING
FORWARD
Continuous monitoring of track routes for preventive

maintenance purposes

Advanced visual information-based navigation

Big data services

Interfacing with Smart City systems

Integration with the world automatic train systems

15
THE PEOPLE
AND THE EXPERIENCE

Mark Cleobury Shahar Hania Ofer Naveh

Chairman of the Board CEO & Co-Founder CFO

Mark Cleobury is a senior executive in the rail industry, He has been working in the field of advanced electro-optical Over 15 years of experience in financial and
currently serving as Senior Vice President of Knorr-Bremse's systems for many years and has gained a reputation as a accounting roles in publicly-traded companies in
Rail Systems Division. Of his over 40 years experience in the respected expert in his field. He has a wealth of experience Israel and in the United States. Holds a B.A. in
Rail sector, he has been for more than 20 years in various leading complex development projects, including those at Accounting and Business and an M.A. in Law
leadership roles at Knorr-Bremse having previously held Elbit Systems and Bird Aerosystems, both well-known from Bar-Ilan University.
sales and leadership positions at other companies in the rail companies in the industry. He received an undergraduate
industry. He is considered a valuable asset for Rail Vision degree from The Jerusalem College of Technology and a
due to his extensive experience in the railway business. graduate degree from Ben-Gurion University of the Negev.

Ofer Grisaro Amit Klir Zachi Bar-Yehoshua

VP Marketing & Sales VP R&D COO & CIO

Extensive experience in international marketing and Extensive experience in managing multidisciplinary Extensive experience in project management,
sales with a proven track record in business with teams and has been a product manager and leader in a service management, operations, and computing.
multinational corporations such as 3M, the defense variety of projects. He has set up and led the
industry, and in hi-tech companies, such as Elbit development of medical products, products combining
Systems. video-processing, signals, and advanced algorithms in a
variety of leading hi-tech companies such as Continues
Biometrics, Radvision, and Comverse.

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FINANCIAL DATA

$63 million has been invested in the

Company, of which approx. $25 million by
Knorr-Bremse.

$7.8 million. Net cash flows used for

operating activities in nine months ended
September 30, 2022.

$10.4 million cash balance as of September

30, 2022.

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SUMMARY OF
INVESTMENT
HIGHLIGHTS

Strategic Investor, Addressing multi-

Knorr-Bremse, a billion market with Strong
the most advanced Systems already Long-term revenue management team
worldwide leader in
train accident under contract with sources with Big with deep industry
the train industry,
prevention major train Data potential experience
provides access to
technology in operators application
global customer list
the world

18 All rights reserved @Rail Vision 2022

THANK YOU!