INVESTOR PRESENTATION MAR 2021

UTILIZING ADVANCED TECHNOLOGY TO MAKE PEOPLE’S LIVES & BUSINESSES BETTER

OUROFFERINGS

stolen vehicle recovery

fleet management

connected car services

USAGE-BASEDINSURANCE

InsurancePersonalizationLaunched April 2019

WHY?

The driving experience

Improvingefficiencies

Lower risk premium

REACHING OURCUSTOMERS

After market sales

OEM/car manufacturers

Insurance companies

RECURRING REVENUE MODEL

70%+Recurring

subscription fees from

30%one-time product fees bringing the customer initially

1.77msubscribers

GLOBAL PRESENCE HEADQUARTERED DISTRIBUTOR

Canada

United states

Mexico

Colombia

Ecuador

Argentina

Brazil

South Africa

Congo

Spain

UKUkraine

Japan

India

MalaysiaIndonesia

Singapore

Israel

SELECTED PARTNERS AND CUSTOMERS

SUBSCRIBER GROWTH

263 33

9 396 44

4 511 56

1 604

623 66

7 741 81

7 948 1,05

7 1,16

0

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

organic 10%CAGR# subscribers ‘000s at period-end

489

2019

after-market subs

OEM subs

After-market subscribers typically expected growth rate of ~20k per quarter

549

2018

1,22

1

1,29

2

1.77mtotal subs

440

1,32

8

2020

After-market sub growth at

142170 181

205183

57.6

68.772.0

74.6

62.7200

239253

279

246

2016 2017 2018 2019 2020

59.670.1

77.5 71.760.8

2016 2017 2018 2019 2020

FINANCIAL PERFORMANCE & MODEL

RevenueEBITDA*

LONG-TERM HISTORICAL GROWTH

services

products

29.9%29.4%

30.6% 25.7%

EBITDAmargin

*2019 & 2020 excludes impairment charges related to the acquisition of Road Track Holdings

24.8%

QUARTER’S RESULTS FOURTH QUARTER 2020

services$45.8m

product$17.9m

Revenue

services$44.5

product$15.8m

$60.3m

$63.6m

Q3’20 Q4 ‘20

EBITDA

Q3’20 Q4’20

margin26.1%margin

24.9%

$16.6m$15.0m

Net income

10.7%$6.8m

$9.3m

Q3’20 Q4’20

17.0%

Continued sequential improvement in revenues & income After-market subscriber increase: 21k net OEM subscriber loss: 5k net In local current terms, EBITDA grew 17% $16.5m in operating cash flow CEO: “We expect the positive trend to continue in the

quarters ahead.”

COMPARED WITH PRIOR QUARTER

FY2020 IMPACT FROMCORONA PANDEMIC

Resilient business model: Recurring revenue from ~1.7m+ subscribers

Slowdown in new subscribers adds due to lower new car sales somewhat balanced by lower churn rate

Early cost cutting initiatives & efficiency measures in H1 2020 protecting profitability: maintained profitability & strong cash flow despite revenue decline

$280MIN RETURNS TO SHAREHOLDERS SINCE 2005

CURRENTMARKET CAP

~$500M

$273MDIVIDENDS ISSUED

Q4 2020 • restarted dividend payments • Issued $10m dividend• New quarterly policy of $3m+

$6MSHARES BOUGHT BACK

VENTURING INTO NEW AREAS

Indian market:

registered vehicles 250m+

MOBILITY INNOVATION CENTER

powering Israel’s smart mobility

Mission CriticalDelivery & Fulfillment

SaaS technology to rapidly improve pickup and delivery speed, capacity, and customer experience at scale.

19%Ituranholdingsin Bringg

April 2020: Raised $30m at valuation of over $200m*; total funding to date $88m

Bringg recorded at book value of $0.7m on Ituran’s balance sheet

Other investors include:Coca-Cola, Viola, Salesforce, OG Tech, GLP, Next47, Aleph, Pereg, Cambridge Capital

*based on reports in the local press

THANK YOU!