Apollo Power : Presentation - APOLLO CARMEL

Launch

25.01.2023

This presentation regards the business activity of Apollo Power Ltd. (TASE:APLP) (the "Company"). For the sake of clarity, this presentation does not constitute a proposal to purchase the Company's securities or an invitation to receive such offers, and it is intended solely for the provision of information to investors.

This presentation was made for a convenient and concise presentation, and is not exhaustive and does not pretend to encompass the full data about the company and its activities and/or all the information that may be relevant for making any decision regarding investment in the Company's securities and in general, and is not a substitute for independent data collection and analysis and/or to review the reports that the Company publishes and will publish to the public. In addition, the information under this presentation does not constitute a substitute for investment advice by a licensed investment advisor who takes into consideration the data and the special needs of each person and/or investor. The presentation includes data, estimates, forecasts and projections of the Company concerning its operation, which fall under the category of forward-looking information, as defined in the Securities Law, 5728-1968, the realization of which is uncertain and is mostly beyond the Company's control. Forward-looking information is based on Company's management's estimates, which are based, inter alia, on information known to the management when preparing this presentation. There is no certainty that such data and/or estimates and/or forecasts and/or projections may realize, in whole or in part, and they may differ from those included in the presentation, due to, inter alia, their dependency on external factors beyond the Company's control, such as changes in the business and competitive landscape or the realization of any risk factor which affects the Company. In this regard, the presentation includes reference to the Company's estimate with regard to reaching full production capacity in the Company's plant later this year and the daily production capacity. Thus, readers of this presentation are warned that the actual results and achievements of the Company in the future may be substantially different from those presented in the forward-looking information under this presentation. Moreover, the presentation may include data obtained from external sources, which were not independently verified by the Company. Furthermore, the presentation may include information which hasn't been included in the Company's periodic and immediate reports, and/ or displayed and processed differently from the way it appears in the presentation (see in this context, slide 5, which includes the name of the European vehicle group that entered into an agreement with the Company in May 2022 in an amount of Euro 33 million).

For the sake of clarity, the presentation is not in lieu of the immediate and periodic reports published by the Company, and in any case of a contradiction between information in this presentation and information released to the public, information released to the public in aforementioned reporting will prevail. The forecasts and estimates in this presentation are based on information available to the Company at the time of its preparation, and the Company does not undertake to update and/or change any such forecast and/ or estimate to reflect events and/or circumstances occurring after the date of preparation of this presentation. Finally, it is clarified that the image appearing in slide 11 is intended for illustration purposes only and does not include the Company's products.

From Apollo's

Vision and

Strategy plan:

Apollo's	We believe that	Our goal
vision is to	energy technologies	isn't better solar
turn the dream	are far from being	panels, but to
of limitless	fully explored and aim	power new
usable energy	to create disruptive	perceptions and
into a reality"	breakthroughs in the	uses of energy"
	energy industry"

Apollo in 2022

Apollo in 2022

February: Purchase order from Amazon - solar roof and solar pavement

April: Winning of the JEC innovation award with Audi

May:	September:
a 33M Euro	Establishment
order from VW	of Mei-Golan
	floating solar site

July:	November:
Installation	Presentation of
order from	Hyundai car with
Osem-Nestle	solar bonnet