Apollo Power : INvestors Presentatio- June2024

Moving Forward

| I N V E S T O R S P R E S E N T A T I O N | J U N E 2 0 2 4

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, for example, reference to the Company's estimate with regard to the manufacturing plant in Mevo Carmel (slide 8), the Company's expectation regarding the commercial delivery of VW's order (slide 17) and its focus in the near future (slide 26). 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.

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.

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Our Mission:

Develop and create innovative,

ground-breaking ways of harnessing

solar energy

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Towards becoming the world's leading supplier of flexible solar technologies

Continuous growth

~150 employees	~20 patents	~300% increase in sales
(granted and PCTs)	(Q1 24 to Q1 23)

Empowering world's truck and bus fleets

Leading in lightweight roofs markets

Thousands of solar kits installed world-wide

Global installations on lightweight construction

Sales and distribution agreements with world leaders

New development and distribution agreements

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Co-Founders and Leadership

Oded Rozenberg	Eran Maimon
CEO	CTO

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Team of experienced and dedicated leaders

Oded Rozenberg		Ram Bar Gil, CPA	Dr. Yaron Tidhar
Chief Executive Officer		Chief Financial Officer	Chief Scientist

Eran Maimon	Dr. Ramon Albalak	Rony Tzukerman
Chief BD and
Chief Technology Officer	VP R&D	Strategy Officer

Elad Sharabi	Asaf Katz		Tzippy Birger
Chief Business Officer	Chief Operating Officer		Chief Quality Officer

Sharli Besnaino		Haggai Manor	Michal Dagan, Adv.
Chief Supply		CHRO and
Chain Officer		Chief Product Officer	Company Secretary

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Flexibility, durability, efficiency

IEC Certified

Highly suitable for lightweight constructions, automotive and large surfaces

Quick and low cost installation

Rollable to a radius of 6 inches

Easy to ship and deploy

Lightweight -

less than 3Kg/sqm (~1/6 comparing to traditional panel)

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Apollo Carmel

World's Largest Flexible Solar Factory

190 MWp/y (expected) automatic factory built in Israel

Established 2023

State-of-the-art facility equipped with advanced machinery, cutting-edge standards, and AI technology

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Entering the

American

Market

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Strategic agreement with Lippert

Lippert will exclusively distribute the solar awning with Apollo's solar fabric in the US and Canada for the caravan and marine markets

The awning sold by Lippert provides up to 600 watts of solar energy

Lippert, valued at around $3 billion, is traded on the NYSE.

In 2023, it achieved $3.8 billion in sales, dominating the US caravan products market

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