Company Pitch by Spottitt at the NOAH Conference 2018 in London, Old Billingsgate 30-31 October 2018.

1. Self - Service Satellite Analytics
for the
Energy, Environment and
Infrastructure Sectors

2. Three Conferences, One Mission: Empower the European Digital Ecosystem
To provide a physical marketplace
that facilitates funding of
digital European companies
at all stages
Mission Mission Mission
To promote Israel - European
relationships and enable funding
To bring together future-shaping
executives and investors active
across segments driven
by digital revolution
Connecting
Capital with
Entrepreneurs
Connecting European
Champions
and Challengers
Connecting Israel’s Startups
with Large Corporates
and Investors
30-31 October 2019
Old Billingsgate, London
13-14 June 2019
STATION Berlin
9-10 April 2019
Hangar 11, Tel Aviv

3. Time consuming
Manual feasibility studies are
time consuming
Unreliable
Manual activities are
inefficient and error prone
Costly
For a 100 MW project: manual
activities responsible for an est.:
• Missed revenues: up 2M GBP in
Year 1
• Extra 1 -2 development months
• Extra 50k GBP costs
our insight: current wind farm
development is problematic

4. our
solution: a Geospatial Application
3
Unique SaaS solution
Unique self-service
imagery access & analysis
SaaS platform
Proprietary tech with
global coverage –
designed to optimise
operations in Energy,
Environment and
Infrastructure
Custom design
01 02
0304
AI and Machine Learning
Proprietary Artificial
Intelligence for image
recognition, and Machine
Learning for data analysis
Available since 2018,
already generating
revenues via sales of
subscriptions
Commercially viable

5. Self-service
Fully automated SaaS
solution, leveraging
Cloud Tech. & Machine
Learning
Sector Experts
As opposed to a
competitive landscape of
generalists
We are so confident in our
tech that we publish the
results of our validation work
Tech Leadership

6. meet our
top management
5
Lucy Kennedy
MSc Engineering,
15+ years in
management,
operations, IT
CEO
Paolo Senes
MSc Eng. INSEAD
MBA
20 years in
strategy,
marketing,
renewable energy
CFO
Marcello Deplano
MSc BA, INSEAD
MBA
20+ years in
finance, M&A,
banking,
operations
CMO

7. a global growing opportunity, in a
not so crowded space
6
Global market with < 30
players overall
TAM of 3 Billion GBP
(Energy 0.5, Environment 1.0
and Infrastructure1.5)
driven by continuing
dropping costs for both
satellite images & AI
CAGR 5%
Players in Business Intelligence
Historical data Fresh data
High cost/
Bespoke
projects
Low cost /
self service
Medium cost /
Dataset
generation
Skywatch – Canadian company not yet
in the market still in R&D.
Spaceknow – American company
focusing on car/truck counting

8. use of
funds [GBP]
7
18.541 44.489
39.633 19.126
63.682
32.272
36.282
47.017
95.972
62.377
R&D payroll
S&M payroll
Other payroll
IT
Marketing
Administration
Other
19,901 11,234
6,610 2,864
Year 1 Year 2
280,621
219,379
We are SEIS/EIS
approved by HMRC
Our need: 500k GBP
We want to multiply x10
within 5 years from now
and be worth 40M GBP
Our valuation: 3M
GBP

9. table
financials [GBP]
8
# Year 1 Year 2 Year 3 Year 4 Year 5
No. of clients
- wind/solar
- other
- new
16
0
16
37
11
33
92
44
92
181
395
452
247
877
606
Avg. annual spent by:
- wind/solar client
- other client
6,972
0
11,735
8,000
12,109
8,000
12,455
10,000
14,472
10,000
Churn rate
Acquisition cost 1
client
7%
4,436
8%
4,485
9%
4,134
10%
1,869
11%
2,775
Revenues 113,647 529,746 1,484,156 6,239,265 12,394,549
Costs 394,267 744,954 1,406,201 2,305,036 3,600,858
EBITDA (245,533) (145,033) 183,149 4,074,580 8,969,129
EBIT (280,621) (215,208) 77,885 3,934,339 8,739,691
Average LTV for one client: 64,501 GBP

10. Lucy Kennedy – CEO and co-founder
Spottitt Ltd. – Electron Building, Fermi Ave, Harwell OX11 0QR, UK
info@spottitt.com
www.spottitt.com

11. Selected Completed NOAH Transactions
Focus on Leading European Internet companies
Covering over 400 companies across 25 online
verticals, a broad range of over 500 investors as
well as 100+ online-focused corporates
Deep understanding of industry dynamics
Ability to add value beyond banking advice
Facilitates overall process and minimizes
management distraction
NOAH Advisors is globally well connected
and has direct access to virtually all key
players in the industry
Knowledge of and strong relationships with
potential buyers’ key decision makers
Proactively finds and unlocks attractive
investment opportunities for leading investors
Annual NOAH Conference in its 8th year
Over 40 years of combined relevant M&A experience
Routine execution of M&A and financing transactions
with sizes of several billion euros
25+ successfully completed NOAH Advisors transactions
underline successful transfer of M&A competencies to
the Internet sector
Entrepreneurial mind-set, focused on growing the
business and establishing a reputation for excellence
Ability to deliver top results in short time frames
Highly success-based compensation structures align
interests of clients and NOAH Advisors, and demonstrate
conviction to deliver top results
Creative deal solutions
December 2014
October 2014 May 2014
Sale of 100% of
for $800m to
Exclusive Financial Advisor to
Fotolia and the Selling Shareholders
Sale of 100% of
for €80m to
Exclusive Financial Advisor to
Trovit and its Shareholders
sold 100% of
for $228m to a joint venture between
Exclusive Financial Advisor to Yad2
and its Shareholders
Unique Industry Know-How
Unmatched Network and Relationships
Strong Investment Banking Competence
Full Commitment - We Are Entrepreneurs!
EUROPE’S LEADING INTERNET
CORPORATE FINANCE BOUTIQUE
October 2016
July 2018
December 2016
®
The NOAH Advisors Core Banking Team
Investment in
Exclusive Financial Advisor to KäuferPortal
and its Shareholders
by
84% Ownership
Exclusive Financial Advisor to
PromoFarma and its shareholders
Financial Advisor to Silver Lake
Investment in
by
September 2018
August 2017
Financial Advisor to 10bis and its shareholders
Financial Advisor to EMK Capital
Acquisition of a Majority Stake in
by
at a valuation of $200m
Marco Rodzynek
Managing Director & Founder
Jan Brandes
Managing Director
Nikhil Parmar
Director
Olek Skwarczek
Analyst
Lukas Schlund
Analyst
Sale of 100% in
to
Sale of 100% in
for €135m to
10Bis