Otonomo Results Presentation Deck

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Otonomo

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May 2022

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#1otonomo Q1 2022 EARNINGS CALL May 17, 2022 CALDE AMULCEEEY HE WALL#2DISCLAIMER This presentation contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Otonomo Technologies Ltd. ("Otonomo"), the anticipated technological capability of Otonomo, the markets in which Otonomo operates and Otonomo's projected future financial and operational results. These forward-looking statements generally are identified by the words "expect," "strategy," "future," "opportunity," "plan," "may," "will continue," and "intends" and similar expressions. Forward- looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this presentation, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive data marketplace. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Otonomo's annual report on 20-F filed with the SEC on March 31, 2022, and other documents filed by Otonomo from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Otonomo assumes no obligation and does not intend to update or revise these forward- looking statements, whether as a result of new information, future events, or otherwise. Otonomo gives no assurance that it will achieve its expectations. In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, Otonomo uses the non-GAAP measure of operating loss, which excludes from income, as applicable, share-based compensation expenses, amortization of intangible assets, depreciation of property and equipment and merger and acquisition related expenses. Otonomo's management believes the non-GAAP financial information provided in this presentation is useful to investors' understanding and assessment of Otonomo's ongoing core operations and prospects for the future. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the operating loss to the most directly comparable GAAP financial measure is included in an appendix to this presentation. Management uses both GAAP and non-GAAP information in evaluating and operating business internally and as such has determined that it is important to provide this information to investors. otonomo 2#3Otonomo Q1 Earnings Call Ben Volkow CEO, Co-Founder & Director otonomo Bonnie Moav CFO Doron Simon EVP Corporate Development & Strategy 3#4Otonomo Q1 Earnings Call Market Update otonomo 得 all Business Update The Floow Strategy Update 4#5otonomo The Platform for the Mobility Economy 5#6A new wave of distinctive experiences and services Fleets Precisely understand the exact moment to service, expand and retire fleet to enhance the bottom line otonomo Transportation & Mobility Planning Build smart cities, optimize traffic flow, optimize public transportation in new ways to delight citizens and free up tight budgets EV Exact positioning of charging stations to shape demand and accelerate EV adoption Insurance Truly equitable and oriented to predict and prevent 6#7DERIVED DATA Weather Data IN Events Data Road Signs otonomo Front object CCD camera ASCD Front airbag sensors Nighttime pedestrian warning Drowsiness sensors Front object laser radar Nighttime warning lift sensor Lane departure system Active park assist Night vision Vehicle Data is Our Core Tire pressure sensor Rear object monitor CCD camera Cross traffic alert Central computer Wheel speed sensor Tire pressure sensor Collision sensor Side airbag SRS Rear camera Adaptive cruise control Steering angle sensor Automatic break actuator Tire pressure sensor Lane departure system DERIVED DATA XI Traffic Data Friction Data D Trips Data 7#866 Connected cars G **************** otonomo Powering The Mobility Economy Vehicles + Mobility Data + Insights EM 66 Omo 00 لمه 8#9Otonomo: Smart Mobility Data Platform P otonomo Bin THE MOBILITY ECOSYSTEM OF APPLICATIONS AND SERVICES ACCELERATED INSIGHTS CURATED ACTIVE DATA SETS CONTINUOUS DATA PROCESSING Vin-Based Data Privacy Consent Management Mobile Device Data 430M+ Devices GPS Locations & Time Stamps REFINED DATA DICTIONARY TO ONE API 12 Otonomo Dashboards, Feeds, Workflows Derived Data (FCD, Road Signs, Weather, Fleet, Etc.) Streaming Data Pipeline And Machine Learning Algorithms (x-EEEE ADDRESSABLE MOBILITY DATA Connected Vehicle Data 50M+ Vehicles 150+ Real-time & Historical Parameters Otonomo Normalized, Standardized, Cleansed And Unified Data Aggregated Data Privacy Compliance Mobility Infrastructure Data Public transportation networks, EVCS infrastructure, MaaS routes and stations 9#10Otonomo: Smart Mobility Data Platform D WITZE True Mobility Picture Broad, curated, diverse data set with one API/one contract otonomo CURATED ACTIVE DATA SETS Derived Data (FCD, Road Signs, Weather, Fleet, Etc.) CONTINUOUS DATA PROCESSING Streaming Data Pipeline And Machine Learning Algorithm -Based Data Privacy Consent Management Aggregated Data Privacy Compliance REFINED DATA DICTIONARY Otonomo Normalized, Standardized, Cleansed And Unified Data e Data ices ime Stamps ADDRESSABLE MOBILITY DATA Connected Vehicle Data 50M+ Vehicles 150+ Real-time & Historical Parameters Purpose-built Platform Standards-based, normalizes, anonymizes, scales for volume Mobility Int Public transpor infrastructure, M Opetur Distribucian D FIRM. Senda 136 ERE O HEAD 214 Charge BIL THE E SHEILA 2 Integrated Insights Specialized IP drives multiple mobility use cases & decision certainty 10 SAN FRANGS00 NOCH#11otonomo www.w www The Floow an otonomo company 11#12The Floow: A new generation of connected Insurance services Data Collection SDK OEM Data Third Parties OBD's and Black Boxes otonomo KEY PRODUCTS Data Interpreting H Data Products Insurance Risk Scoring Driver Passenger Journey Mode Classification Crash Detection Data Quality Fraud Detection User Experience Q Floow Drive FloowFleet EIGHTEEN CUSTOMERS & PARTNERS PROGRESSIVE® Direct Line Group Munich RE 4044#13The insurance industry is undergoing massive transformation 1 Catalyst is data Vehicle, mobile device, 3rd party HW otonomo O 75 wom Tudy Max Apr LAIN 21 °C A/C Telekom.de OHEAVEN 882 2 HOW you drive vs WHO you are Behavioral vs demographic 21 °C 3 Predict & Prevent vs Detect & Repair Reduce risk, save lives 13#14otonomo OEM's and Insurance Carriers Accelerate utilization of their data, create new products & improve customer experiences otonomo + O The Floow Policy holders Safer, smarter, greener driving experience, equitable insurance products 14#15Otonomo: Accelerating Market Momentum 23 OEM contracts 50M+ Addressable otonomo connected vehicles 61% Increase in backlog² 40% Increase in quarterly recurring revenue¹ 2X Bookings of recurring revenue¹ (1) Compared to previous quarter. (2) Backlog - Secured future revenue as of end of quarter. (3) Booking -Total value of contract that was signed during the reporting quarter over the full term of the contract. 10 New customers 30% Reduction in average sales cycle time¹ 15#16Otonomo: Delivering Customer Value waycare A SUBSIDIARY OF REKOR SYSTEMS, INC. MANAGING TRAFFIC Vehicle data as the basis for insights to underpin traffic management for local, city and state government agencies in the United States otonomo Total Traffic & Weather Network REDUCING COSTS Streaming car data calculates average roadway speed automatically instead of paying drivers to do the same, reducing time and cost to solution Xouba DRIVEN by DATA DERIVING INSIGHTS Use connected car data to revolutionize the way Spanish road authorities are able to improve the safety and efficiency of road operations. 16#17Otonomo: Q1 2022Financials REVENUE $0.20M YoY% $1.03M 380% otonomo COST OF REVENUE AND OPEX $(4.56) M $(16.15)M YOY % (255%) Q1 2021 Q1 2022 GAAP OPERATING LOSS $(4.34)M $(15.12) M Yo Y% (248%) NON-GAAP OPERATING LOSS $(3.77) M $(12.47)M YOY % (231%) 17#18y H 12 40 20 0 100 km/h 120 140 18.0°C 16 ܬ ܢܬ 88-435 la D227739C 2 22 240 260 1 otonomo The Platform for the Mobility Economy REST 28 OFF A/C AUTO#19Hoooo otonomo APPENDIX .... TE 399#20Reconciliation of GAAP to NON-GAAP Financial Information RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION (in $ thousands) GAAP operating Loss Share-based compensation (1) Amortization and depreciation (2) Non-GAAP operating Loss 1. Share-based compensation: Research and development Sales and marketing General and administrative 2. Amortization and depreciation: Technology amortization Depreciation of property and equipment Three-months Period Ended March 31 2022 (15,121) 2,197 455 2,652 (12,469) 519 665 1,013 2,197 417 38 455 2021 (4,339) 539 31 570 (3,769) 274 111 154 539 31 31

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