INVESTORS PRESENTATION/Q1 2019

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Gervais Moody
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1 INVESTORS PRESENTATION/Q1 2019

Forward Looking Statements & Risk Disclosure No securities commission or securities regulatory authority or other regulatory authority has reviewed, passed upon or endorsed the accuracy or adequacy

2 Forward Looking Statements & Risk Disclosure No securities commission or securities regulatory authority or other regulatory authority has reviewed, passed upon or endorsed the accuracy or adequacy of this document. Any representation to the contrary is unlawful, and is expressly disclaimed by Water Ways Technologies Inc. This document is not, and under no circumstances is to be construed as a prospectus, a public offering or an offering memorandum as defined under applicable securities anywhere in Canada, the United States, Israel or in any other jurisdiction. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States of America except in transactions that are exempt from the registration requirements of such laws. The information contained in this presentation does not purport to be all-inclusive or to contain all information that prospective investors may require. Prospective investors are encouraged to conduct their own analysis and reviews of Water Ways Technologies Inc. the "Company") and of the information contained in this presentation. Prospective investors should read the entire prospectuses and consult their own professional advisors to assess their potential investment in the Company. The remarks contained in this presentation ("Presentation") may contain forward-looking statements relating to the Company s operations or to its business environment. Such statements are based on the Company s operations, forecasts, and projections, but are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or control. A number of factors could cause actual outcomes and results to differ materially from those expressed. Although any such forward-looking statements are based upon what management believes to be reasonable assumptions, the Company cannot guarantee that actual results will be consistent with these forward-looking statements. In addition, the Company disclaims any obligation to update or revise any forward looking statements, for any reason. We also do not commit in any way to guarantee that we will continue reporting on items or issues that arise. This Presentation has been provided to the recipient for information purposes only and no representation or warranty, express or implied, is made as to the completeness or accuracy of the information contained herein. The contents are not to be reproduced or distributed to the public or press. The information contained herein is not guaranteed as to its accuracy or completeness. Throughout this Presentation various logos and trademarks will be used. These trademarks and logos are the property of their respective owners. This summary financial information should only be read in conjunction with the prospectus dated December 27, 2018 filed on SEDAR, including the schedules and attachments thereto. This Presentation does not contain all of the information that may be important to you and your investment decision. You should carefully read the entire prospectus, including the matters set forth under "Risk Factors", "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the financial statements and related notes. Capitalized terms contained herein have the meaning attributed to them in the Definitions section of the prospectus. An investment in the Company's securities should be considered highly speculative. There is no guarantee that an investment in the Company will earn any positive return in the short or long term. An investment in the Company is appropriate only for investors who have the capacity to absorb a loss of some or all of their investment. There are certain risk factors associated with an investment in the Company s securities. 1

3 W a t e r W a y s T e c h n o l o g i e s I n c. ( T S X V : W W T ) A G L O B A L A G R I C U L T U R E T E C H N O L O G Y C O M P A N Y T H A T S P E C I A L I Z E S I N P R O V I D I N G W A T E R I R R I G A T I O N S O L U T I O N S T O A G R I C U L T U R A L P R O D U C E R S. 2

4 D E L I V E R S S M A R T T U R N K E Y I R R I G A T I O N S O L U T I O N S T O P R O J E C T S : FISH FARMS VINEYARDS WATER RESERVOIRS & MORE 3

5 TURN-KEY PROJECTS Design, supply & installation of turnkey irrigation projects (60% of revenue)² MANTAINS 2 STREAMS OF REVENUE EQUIPMENT SALES Sales of irrigation equipment (40% of revenue)² 2 - Percentages are based on IAT s revenues as presented in the IAT unaudited financial statements for the nine months ended September 30,

Aggressively targeting projects in the legal cannabis space, with the first project underway- CRONOS GROUP S ISRAELI JV Generated revenue of USD $10.6M & operating profit of USD $1.

6 Aggressively targeting projects in the legal cannabis space, with the first project underway- CRONOS GROUP S ISRAELI JV Generated revenue of USD $10.6M & operating profit of USD $1.02 in 2017 ³ Q1-Q3 18 revenue of USD $9.72M & operating profit of USD $770k ² Completed CAD $3.1M raise in March 2019 concurrently with listing on TSX-V 2 - Percentages are based on IAT s revenues as presented in the IAT unaudited financial statements for the nine months ended September 30, See IAT audited financial statements for the year ended December 31,

BUSINESS MODEL PROVIDING INNOVATIVE IRRIGATION PRODUCTS & SERVICES THROUGH TWO DISTINCT LINES OF BUSINESS² EQUIPMENT SALES 60% OF REVENUE¹ Design, supply & installation of turnkey irrigation projects

7 BUSINESS MODEL PROVIDING INNOVATIVE IRRIGATION PRODUCTS & SERVICES THROUGH TWO DISTINCT LINES OF BUSINESS² EQUIPMENT SALES 60% OF REVENUE¹ Design, supply & installation of turnkey irrigation projects TURNKEY PROJECTS 40% OF REVENUE¹ Sales of irrigation equipment assembled in-house & hardware produced by 3 rd party OEMs 1 - Percentages are based on IAT s revenues as presented in the IAT unaudited financial statements for the nine months ended September 30, The Company is developing new Project Financing Sub-Unit which is a sub-segment of its Projects Business Unit, which is expected to roll-out in

8 S M A R T I R R I G A T I O N S O L U T I O N S 7

transform otherwise infertile land into arable land Precise Irrigation uses technology

9 SMART IRRIGATION LEVERED T O GROWTH IN EMERGING MARKETS Economic growth in EMERGING MARKET is driving demand for agricultural products WWT s products & services aim to transform otherwise infertile land into arable land Precise Irrigation uses technology to collect data from the field & external data sources, to make recommendations to farmers 8

10 GUATEMALA Greenhouse project for blueberries ISRAEL Irrigation system cannabis GLOBAL PROJECTS E X E C U T I O N C A P A B I L I T I E S ECUADOR Irrigation system Asparagus farm PERU Irrigation system Avocado & Mango NIGERIA Water supply for catfish farm ETHIOPIA Irrigation system & water supply for vineyards CHINA Apple plantation & nursery 9

11 GLOBAL PROJECTS CHINA GUATEMALA E THIOPIA PERU PLANTATION & IRRIGATION SYSTEM WATER SUPPLY & IRRIGATION SYSTEM NURSERY / BLUEBERRIES IRRIGATION SYSTEM / AVOCADO & MANGO / SHANDONG APPLES / VINEYARD 10

12 G L O B A L P R O J E C T E X E C U T I O N C A P A B I L I T I E S 11

F INANCIAL PERFORMANCE¹ ($USD MM) PROJECT INFORMATION 2018 $10.8 $8.8 $10.58 $9.72 COUNTRIES OF FOCUS: China, Guatemala, Nigeria, Peru, Ethiopia, Israel, Ecuador $6.8 $4.8 $6.17 $5.

13 F INANCIAL PERFORMANCE¹ ($USD MM) PROJECT INFORMATION 2018 $10.8 $8.8 $10.58 $9.72 COUNTRIES OF FOCUS: China, Guatemala, Nigeria, Peru, Ethiopia, Israel, Ecuador $6.8 $4.8 $6.17 $5.22 PROJECT FOCUS: Fruits, Vegetables, Cannabis, Vineyards & Fish Farms $2.8 $0.8 -$0.07 -$0.06 $1.02 $0.77 AVERAGE PROJECT SIZE: ~ USD $1.5M ($1.2) Q1-Q3 2018* REVENUE OPERATING PROFIT (LOSS) 1 - WWT s audited financial information for the financial years ended December 31, 2015, 2016 and 2017, derived from IAT s audited financial statements for the financial years ended December 31, 2015, 2016 and WWT s unaudited financial information for the nine months ended September 30, 2018, derived from IAT s unaudited interim financial statements for the nine months ended September 30,

GROWTH STRATEGY WWT S STRATEGY IS TO SCALE ITS BUSINESS GLOBALLY & ACCELERATE

INNOVATION GEOGRAPHIC EXPANSION PROJECT FINANCING Develop relationship within

System Open additional sales offices in new & existing markets Take advantage

Estimated $600K to complete development & commercialize Estimated USD $500K

14 GROWTH STRATEGY WWT S STRATEGY IS TO SCALE ITS BUSINESS GLOBALLY & ACCELERATE GROWTH THROUGH THE FOLLOWING INITIATIVES: ORGANIC GROWTH TECHNOLOGICAL INNOVATION GEOGRAPHIC EXPANSION PROJECT FINANCING Develop relationship within the small & medium farmers Complete development of its Precise Irrigation System Open additional sales offices in new & existing markets Take advantage of business opportunities to finance turnkey projects Target 25% YoY growth Estimated $600K to complete development & commercialize Estimated USD $500K cost to enter a new market Three shovel-ready projects identified in South America 13 New business sub-unit

15 COUNTRY DESCRIPTION CURRENT PROJECT PIPELINE PERIOD SIGNED EST. AMOUNT (USD) 1 China Irrigation system of organic vegetable greenhouses Q $440K China Irrigation system of Shandong Apple Orchard Q $220K Guatemala Restoration project of an existing greenhouse project blueberries Q $420K Guatemala Irrigation system of a blueberries field Q $2.8M Peru Irrigation system of an avocado and mango farm Q $2.125M Peru Irrigation system of a lettuce farm Q $770K Ecuador Irrigation of an asparagus farm Q $290K Ethiopia 120 hectare irrigation system upgrade for vineyards Q $175K Nigeria Water supply for 1500 ton/year catfish farm Q $2.035M Israel Irrigation system for Gan-Shmuel Cannabis Greenhouse 2 Q $500K 1 - The estimated amount represents the amounts that have been invoiced by Irri-Al-Tal net of transportation cost. 14 TOTAL $9.775M

16 The PIS seeks to allow operators to remotely access a data gathering & analytics platform PRECISE IRRIGATION The PIS aims to bring to market a technological solution to enable farmers to make data-driven decisions as to how to irrigate their operation. SYTEM (PIS) The PIS is currently in the prototype stage of research & development¹ I N _ H O U S E T E C H N O L O G Y D E V E L O P M E N T 1 - Estimated $350,000 to complete development and an additional $250,000 to commercialize.. 15

17 PRECISE IRRIGATION HOW IT WORKS Primary data entry to the user's database Real-time data collection through sensors Communication & synchronization between the land & the server/cloud On-going data analysis & processing in the cloud Processed data is sent to the user (mobile /desktop/app) 16

A NEW MARKET OPPORTUNITY GLOBAL CANNABIS SECTOR CANNABIS COMPANIES ARE FINDING INNOVATIVE IRRIGATION TECHNOLOGIES TO REDUCE COSTS GIVEN THE

Current order of Irrigation System for Cannabis: Project: licensed Cannabis Project in Israel by a joint-venture between Cronos Group & Kibbutz

18 A NEW MARKET OPPORTUNITY GLOBAL CANNABIS SECTOR CANNABIS COMPANIES ARE FINDING INNOVATIVE IRRIGATION TECHNOLOGIES TO REDUCE COSTS GIVEN THE INCREASINGLY COMPETITIVE MARKET WWT COMBINES ITS DRIP IRRIGATION ACUMEN & PRECISE IRRIGATION SYSTEM TO OFFER OPTIMAL CONDITIONS FOR CULTIVATION Current order of Irrigation System for Cannabis: Project: licensed Cannabis Project in Israel by a joint-venture between Cronos Group & Kibbutz Gan Shmuel¹ ESTIMATED SCOPE: USD $500, See "Information Concerning Irri-Al-Tal Principal Markets Kibbutz Gan-Shmuel Project in the final prospectus. 17

19 COMPETITIVE ADVANTAGES Experienced team & Management With over 30 years experience & an understanding of the high-tech segment of the ag sector. Global Project Execution Capabilities Clients extending across five continents. Experience operating in regions with infrastructure challenges & limited access to clean water. Relationship with clients & suppliers Serve as a technical and commercial information hub for both clients & suppliers. Business Model Targeting the underserved small to medium projects segment of the market. Not exclusive to a single product or supplier. Relationship within the Industry Relationship with Israeli irrigation corporations, the world leaders in efficient micro/drip irrigation. 1 - See "Information Concerning Irri-Al-Tal Principal Markets Kibbutz Gan-Shmuel Project in the final prospectus. 18

OUR COMPETITORS DESCRIPTION TARGET World s largest manufacturer of drip irrigation equipment with

Large-scale projects Focuses on hardware sales such as drip and micro-spray products and provides

Large-scale projects Offers dripline systems, micro and mini sprinklers and metal and plastic ag

Large-scale customized solutions Focuses on micro-irrigation products and various types of

20 OUR COMPETITORS DESCRIPTION TARGET World s largest manufacturer of drip irrigation equipment with 30% of the global market share with customers of over 110 countries. Large-scale projects Focuses on hardware sales such as drip and micro-spray products and provides design services in project execution with 15 factories around the world. Large-scale projects Offers dripline systems, micro and mini sprinklers and metal and plastic ag sprinklers across more than 100 countries worldwide. Large-scale customized solutions Focuses on micro-irrigation products and various types of pipelines. General suitable solutions Independent, customer-oriented irrigation technology company offers turnkey projects and equipment sales across five continents. Small-to-medium customized projects 19

WHY CANADA The agriculture industry is 01 03 Canadian companies are world leaders extensive in Canada with sparse in cannabis cultivation & WWT offers land areas requiring irrigation irrigation

21 WHY CANADA The agriculture industry is Canadian companies are world leaders extensive in Canada with sparse in cannabis cultivation & WWT offers land areas requiring irrigation irrigation technology, leading the market in the wake of recent recreational legalization 02 Canada has a robust public venture 04 capital market that favors cash flow & growth in the technology sector There is a growing investor interest in Israeli- based companies in Canada¹ 1 - See TSX Looks to Court Israeli Firms in The Canadian Jewish News. 20

OHAD HABER CEO & Director EXECUTIVE OFFICERS Ohad has over 30 years of experience in project management, sales & marketing in the agricultural industry.

Zada is a certified public accountant & has over 13 years of public accounting experience. Between January 2012 & January 2013 Ms. Zada served as the CFO of Supermom SuperCom Ltd.

He brings a depth of experience designing & managing the installation of turnkey irrigation projects located in developing regions TAL WEIL Head Agronomist Mr.

22 OHAD HABER CEO & Director EXECUTIVE OFFICERS Ohad has over 30 years of experience in project management, sales & marketing in the agricultural industry. Former sales and operation manager of Latin America at Dan Sprinklers an Israeli manufacturer of sprinklers and irrigation systems MEIRA ZADA CFO Ms. Zada is a certified public accountant & has over 13 years of public accounting experience. Between January 2012 & January 2013 Ms. Zada served as the CFO of Supermom SuperCom Ltd. (NASDAQ:SPCB) AMIR EYLON VP of Operations & Project Mr. Eylon has 30 years of experience in the area of pressurized irrigation & agricultural products. He brings a depth of experience designing & managing the installation of turnkey irrigation projects located in developing regions TAL WEIL Head Agronomist Mr. Weil has over ten years of experience in open field vegetable growing, operating irrigation & fertilization systems. Mr. Weil also has experience in the legal cannabis sector, as he was involved with a legal cannabis cultivation project over a period of two years in Western United States TOMER BACHAR CTO Mr. Bachar held the position of Water System and Irrigation Engineer in Metzerplas, as well as in NaanDanJain designing irrigation & water supply systems for numerous projects 21

BOARD OF DIRECTORS RONNIE JAEGERMANN YEHUDA DORON OHAD HABER ADAM K.

Tel-Aviv-based boutique investment bank focused on helping Israeli companies

hearing aid retail & manufacturing company and a Chairman of Polymer G, an

President and CEO of WWT Partner at Fogler, Rubinoff LLP and Chairman of

23 BOARD OF DIRECTORS RONNIE JAEGERMANN YEHUDA DORON OHAD HABER ADAM K. SZWERAS JAMES LANTHIER Head of Investment Banking Advisory at Aloni Haft, a Tel-Aviv-based boutique investment bank focused on helping Israeli companies navigate international capital markets Managing Director at Medton Hedim, a hearing aid retail & manufacturing company and a Chairman of Polymer G, an sraelibased chemical products company. President and CEO of WWT Partner at Fogler, Rubinoff LLP and Chairman of Foundation Markets Inc., &FMI Capital Advisory Inc. James has vast experience in senior management & director capacities with public Canadian technology & media companies 22

24 CAPITAL STRUCTURE NUMBER OF SECURITIES Currently shares outstanding 89,410,650 Warrants outstanding ($ ) 11,219,141 Broker Warrants ($ ) 1,701,800 TOTAL FULLY DILUTED: 102,331,591 Insider Ownership: ~61M shares Cash in the Bank: ~CAD $3.0M Bank Debt: ~CAD $500K Enterprise Value (CAD $0.25 per share): ~CAD $19M Previous Financings: May CAD $0.175 with ½ $0.25 March CAD $0.25 with ½ $

T H A N K Y O U OHAD HABER MEIRA ZADA RONNIE JAEGERMANN Water Ways Technologies Inc. CEO & Director T: 972-54-5612231 E: ohad@waterwt.

25 T H A N K Y O U OHAD HABER MEIRA ZADA RONNIE JAEGERMANN Water Ways Technologies Inc. CEO & Director T: E: ohad@waterwt.com Water Ways Technologies Inc. CFO T: E: meira@waterwt.com Water Ways Technologies Inc. Director T: E: ronnie@waterwt.com 24

26 A P P E N D I X 25

27 Targeting Organic Revenue Growth of 25% YoY FINANCIAL KPI SUMMARY¹ Revenue Composition: 60% - Projects, 40% - Equipment Sales 1 Estimated Gross Margins: 20% - Projects, 12% - Equipment Sales 1 Estimated G&A Cost: ~USD $100K per month Targeting to increase revenue mix to gain cannabis revenue to comprise 20-30% of the total revenue Current Project Pipeline: 10 project contracts totaling USD $9.8M in scope Estimated Cost to Enter a New Market: USD $500K 1 - WWT s unaudited financial information for the nine months ended September 30, 2018, derived from IAT s unaudited interim financial statements for the nine months ended September 30,

28 EXAMPLES OF PAST PROJECTS A P P E N D I X 27

29 EXAMPLES OF PAST PROJECTS A P P E N D I X EXAMPLES OF PAST PROJECTS 28

30 NAME COUNTRY DESCRIPTION SCOPE OF PROJECT Seka Ethiopia Drip irrigation system and water supply for 500Ha mango plantation. $USD2,500,000 Desta Farm Ethiopia 2Ha vegetables greenhouse and 50 Ha open field irrigation system $USD500,000 29

31 Risk Factors The company is seeking to expand its current business by pursuing projects in new geographies, which inherently contains a high degree of risk. Potential investors in the Company s securities are cautioned to review and consider the following risk factors, relating to the Company, including, but not limited to: (i) New Business Areas and Geographic Markets, and the Company's Ability to Implement the Business Strategy In those Markets; (ii) Dependence on Key Personnel and Employees; (iii) Credit Risk; (iv) Inability to Manage Rapid Growth and Retain its Customers; (v) Foreign Operations; (vi) Liquidity Risk; (vii) Competition; (viii) Lack of Revenue Growth; (ix) Limited Number of Customers; (x) Defects in Products and Services; (xi) The Company may be Unable to Respond to Customers' Demands; (xii) Operational and Financial Infrastructure; (xiii) Cyclicality; (xiv) Uncertain Economic Health of the Wider Economy; (xv) Currency Fluctuations; (xvi) Potential Political, Economic and Military Instability in Middle East and Israel, where the Company's Corporate Office are Located; (xvii) Reduction of Project Backlog; (xviii) Reliance on Independent Manufacturing Companies for Supply of Products; (xix) Crime and Business Corruption Risk; (xx) International Operations and Markets; (xxi) Components; (xxii) Rapid Technology Developments; (xxiii) Use of Proceeds of the Offering and Additional Funding Requirements; (xxiv) Changes in Taxation; (xxv) Risks Related to Intellectual Property Protection; (xxvi) Environmental Risks and Hazards; (xxvii) Reliance on Collaborative Partners; (xxviii) Differences Between the Canadian Law and Applicable Provisions of the Israeli Law; (xxix) Additional Risks to Doing Business Internationally; (xxx) Difficulty in Enforcement of Judgements; (xxxi) Risk of Litigation; (xxxii) User Data/Cybersecurity; (xxxiii) Internal Controls; (xxxiv) Insurance Risks; (xxxv) Difficulty Enforcing Canadian Law Against an Israeli Company; (xxxvi) Transaction Risk; (xxxvii) Major Shareholder; (xxxviii) Absence of Operating History as a Public Company; (xxxix) Substantial Capital Requirements; (xxxx) Future Sales of Common Shares by Existing Shareholders; (xl) Market Price and Trading Volume of Common Shares; (xli) Dividend Policy; (xliii) Lack of Liquidity for Common Shares; (xliv) An Active Trading Market for the Common Shares; (xlv) The Market Price of the Common Shares May be Volatile; (xlvi) No Market for Unit Warrants; (xlvii) Conflicts of Interest; (xlviii) Market Research and Reports; (xlix) Non-Operating Parent Corporation Structure; and (l) TSX Venture Exchange Restrictions on Business. 30

AMNEAL PHARMACEUTICALS, INC.

AMNEAL PHARMACEUTICALS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event