SARINE TECHNOLOGIES LTD.

Corporate Presentation March 2024

2/22/2024

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Disclaimer

This presentation may contain statements regarding the business of Sarine Technologies Ltd and its subsidiaries (the "Group") that are of a forward looking nature and are therefore based on management's assumptions about future developments. Such forward looking statements are typically identified by words such as 'believe', 'estimate', 'expect', 'intend', 'may', and 'project' and similar expressions as they relate to the Group. Forward looking statements involve certain risks and uncertainties as they relate to future events. Actual results may vary materially from those targeted, expected or projected due to numerous factors. The reader is cautioned to not unduly rely on these forward-looking statements. We do not undertake any duty to publish any update or revision of any forward looking statements.

Potential risks and uncertainties include such factors as general economic conditions, industry-specific cycles, foreign exchange fluctuations, interest rate changes and regulatory developments. Such factors that may affect the Group's future financial results are detailed in our listing prospectus / circulars, listed in this presentation, or in the management discussion and analysis section of the Company's Annual Report and filings with the SGX. We will announce all material information about the Group on the SGXNET and TASE website in accordance with the rules of the SGX-ST Listing Manual and TASE requirements,

The information contained in this presentation has not been independently verified. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither Sarine Technologies nor any of its affiliates, directors, officers, advisers or representatives shall have any liability whatsoever for any loss arising, whether directly or indirectly, from any use or distribution of this presentation or its contents.

This presentation is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for shares in Sarine Technologies.

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Our Technologies Support The Entire Value Chain

Sarine Technologies, through its application of patented hardware solutions (proprietary mechanics, electronics, optics and lasers) and sophisticated software utilising artificial intelligence (AI), big data, cloud computing and GPU (aka "Nvidia") methodolgies, is a global leader in the development of technologies used throughout the entire diamond value chain, from mine to retail, from rough diamonds evaluation, planning and polishing to polished diamonds grading and trade.

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Public company

Leading provider

Largest technology

~100 million

Neutrally positioned

Investment of $100's

dual listing on SGX

of technological

installed base

diamonds

and not participating

of millions in R&D

Mainboard (2005) and

products and

across the entire

processed annually

directly in the trade

maintains innovation

TASE (2021)

services to the

industry value chain

using our systems

of rough or polished

and leadership

diamond industry

diamonds

from mine to

retailer

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Sarine Solutions For All Players In The Value Chain

MINER

Rough evaluation and sorting Digital tenders

Verifiable traceability

ROUGH TRADER

Rough evaluation and sorting Verifiable traceability Digital tenders

DIAMOND

MANUFACTURER

Optimal planning Quality control Verifiable traceability 4Cs AI-based grading

Diamond

Data

BRAND

Polished diamond evaluation and sorting

Verifiable traceability AI-based 4Cs grading

JEWELRY

MANUFACTURER

Polished diamond evaluation and sorting

Verifiable traceability

WHOLESALER / RETAILER

Polished diamond evaluation and sorting

Verifiable traceability AI-based 4Cs grading

Consumer information / experience

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Revolution Phase I

FROM TRADITIONALLY MANUAL PLANNING TO COMPUTERIZED PLANNING

  • Traditionally based on worker skill and experience: long training process and inconsistent results from different workers
  • Computerized planning eliminates most guesswork and risk and enables better utilization of rough diamond material.
  • Multiple polished diamonds from a single rough diamond (manually almost never more than two)
  • From 2006 initial use of manually indicated inclusions (very rudimentary diamond Clarity solution)

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Advisor® Software

THE MOST WIDELY USED ROUGH PLANNING SOFTWARE

Sarine's Advisor® revolutionized diamond planning, as the world's first automated, computerized planning software. Over the last 25 plus years, technological breakthroughs and efficiency features continuously implemented:

  • 2022 - Advisor® 8.0 new features and refinement of processes specifically for smaller rough stones.
  • 2024 - Cloud-computing and GPU enabled Most Valuable Plan (MVP) automates and optimizes planning to new levels. Immediate addressable market of 33 million stones processed in 2023. Should drive expansion to new customers and bolster capital equipment sales.
  • Over 25,000 installations - estimated 100 million rough diamonds

planned annually. Estimated 90% market share for stones >2 carat. Optimal use of rough diamond weight increased by nearly 50% from ~35% to over 50%.

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Revolution Phase II - Galaxy® Family

LEADING ROUGH PLANNING TECHNOLOGY

  • The world-leading solution for the fully automated detection and mapping of internal imperfections in rough diamonds. The patented Galaxy® scans rough diamonds and accurately maps all the inclusions in the diamond regardless of their type, size and location.
  • Price Per Carat model with >80% gross margin drives today over 40% of Group top line
  • Total installed base of 830 systems (as at 31 December 2023)
  • Various Galaxy® models effect solutions for higher clarities (VVS), larger diamonds up to 200 carats and the high-speed processing of small and very

small sizes down to hundreths of a carat. The Meteorite Plus system, released in 2022, expands technology affordability into the very small stone segment comprising 900 million stones annually, with a realistic additional addressable market of ~ 250 million stones annually, creating robust market for future sales of ~ 1000 systems and potential additional significant recurring revenue.

  • No legal competition for Group's patented technology; impaired by patent and copyright infringements.

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Digital Tenders

PREFERRED PLATFORM FOR ROUGH DIAMOND TRADING

  • Sarine's solution provides both rough diamond producers and secondary wholesale tender houses, along with rough diamond buyers, with the ability to trade rough diamonds more efficiently than ever before.
  • The diamonds are scanned on Sarine's DiaExpert® and Galaxy® systems for external and internal mapping of their features, and can be uploaded to traceability blockchain.
  • Covid-19was a catalyst for our digital tenders which have rapidly become an important online platform for rough diamond sales.

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Disclaimer

Sarine Technologies Ltd. published this content on 06 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2024 13:30:09 UTC.