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Accelerating Fish Growth Nissim Chen | Ph.D., M.B.A., Founder & CEO

October 2018

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Legal disclaimer

IMPORTANT NOTICE

This presentation has been prepared by AquiNovo Ltd. (the “Company”) solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be complete or to contain all of the information a prospective or existing investor may desire. In all cases, interested parties should conduct their own investigation and analysis of the Company and the data set forth in this information. The Company has prepared this presentation based on information available to it, including information derived from public sources that have not been independently verified. The Company makes no representation or warranty as to the accuracy or completeness of this information and shall not have any liability for any representations (expressed or implied) regarding information contained in, or for any errors omissions in, this presentation. This presentation includes certain statements and estimates provided by the Company with respect to the projected future performance of the Company. Such statements, estimates and projections reflect various assumptions by management concerning possible anticipated results, which assumptions may or may not be correct. No representations are made as to the accuracy of such statements, estimates or projections. This presentation may contain statements that are not historical facts, referred to as “forward looking statements.” The Company’s actual future results may differ materially from those suggested by such statements. No assurance can be given that future events will occur or that projections will be achieved. Past performance is not a reliable indication of future performance. This presentation is not, and nothing in it should be construed as, an offer, invitation or recommendation in respect of the Company’s securities, or an offer to sell, or a solicitation of an offer to buy, the Company’s securities in any jurisdiction. Neither this presentation nor anything in it shall form the basis of any contract or commitment. Prospective investors should not construe the contents of this presentation as business, legal, tax, investment or other advice. Each prospective investor should make his, her or its own inquiries and consult his, her or its own advisors as to the appropriateness and desirability of an investment in the Company and as to business, legal, tax and related matters concerning an investment in the Company.

An investment in the Company shall be allowed only to such number and category of investors in accordance with applicable laws and regulations and pursuant to a predetermined process. Accordingly, detailed information in connection with the investment shall be revealed and delivered only to a limited number of qualifying investors as provided by law.

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Food Challenge: Feeding a Growing Population

Population Growth

Water & Land Resources

Urbanization

Middle Class Growth

Life Style & Diet Change

Growing demand for food Need to increase food production & efficiency in sustainable manner

20% animal protein for additional 3B

Primary animal protein source for 1B people

Consumption per capita more than doubled since 1960’s

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Addressing a Key Challenge of a Growing Industry

Source: FAO 2016

26%

39%

50%

Fish production for human consumption

AquiNovo addresses this challenge

Aquaculture Key challenge: Sustainable Increase of Fish Yield

* Percentage of aquaculture production from total fish production

*

*

*

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Disruptive Technology Accelerates Growth

Proprietary short peptides

Enhances growth

Administered via feedControl

AquiNovo peptides

Non-GMONon-hormonal

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Value Proposition

Faster growth

Lower total production costs

Less exposure time to catastrophic events

(disease, weather)

Increase revenues

Enables more growing cycles

using same infrastructure

Shorter timeto market

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Significant Achievements

$1.5 Million InvestmentGlobal leader: animal nutrition & health

PoC Tilapia – Lab scale Positive initial safety data Successful transition from lab to field scale PoC in field scale Salmon lead identified (in-vitro) Commercial production process under development First strategic partner:

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Targeting Large Markets in a Growing Industry

Catfish3.9 M

Carp

30.5 M

Tilapia5.9 M

1st target

Salmonids3.4 M2nd target

Over ~US$ 550 million addressable market potential (2022)

Finfish Market > 54 million tonnes (2016)

Top four farmed fish consumed by humans Fish production ( Million tonnes 2016) 3rd target

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Working With The Market

Go to Market Strategy Manufacture, sell peptides to fish feed producers

Feed producers

Incorporate AquiNovo products into their feed

Sell to end users: hatcheries and fish farms

Ongoing dialog with end users and potential customers

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AquiNovo’s Senior Team

Nissim Chen; Founder & CEO. Ph.D., M.B.A. >17 years’ experience in technologycommercialization and international business development in biotech and ag-bio industries;formerly VP BD at FuturaGene Group; Director BD at Ramot - Tel Aviv University technologytransfer company; Ph.D., biology, Hebrew University of Jerusalem; M.B.A., Tel Aviv University

Freddy Shaviv, Head of Production, Expert manager with proven track record in strategicplanning, production, and operations in pharmaceutical and chemical industries; former CEOChemAgis and Agis Industries; served as board member of various biotech firms; M.Sc.mechanical engineering Ben Guryon University, B.Sc. chemical engineering Technion.

Limor Ziv, R&D Manager, Ph.D., Expert Scientist in the field of fish endocrinology and neurologywith strong scientific track record as well as lab establishment and management; B.Sc. and M.Sc.in Animal sciences from the Agriculture Faculty of the Hebrew university, Ph.D., biology, Tel AvivUniversity

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Inventors & Expert Advisors

Prof. Berta Levavi-Sivan – Senior Advisor Professor at Hebrew University of Jerusalem; world renowned specialist of aquaculture; B.Sc. in life science, M.Sc. and Ph.D. in Zoology from Tel Aviv University; research focused on the endocrine axis that leads to fish reproduction and introduction of new species to Israeli aquaculture; 91 publications; 2 patents

Prof. Berta Levavi-Sivan Wins 2017 Kaye Innovation Awardhttp://hatcheryinternational.com/research/a-new-way-to-grow-fish-faster/

Prof. Chaim Gilon – Senior AdvisorProfessor Emeritus of the Faculty of Science, Hebrew University; globally recognized expert in organic chemistry; co-founder of/consultant to several biotech companies; research focused on molecular mechanism of memory, development of technologies for conversion of bioactive peptides and active regions in proteins into drugs, and signal transduction therapy; 270 peer-reviewed publications; 40 patents

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Disruptive Technology For a Growing Market

Sustainable Increase of fish yields:

non-hormonal

non-GMO

easy-to-use feed additive

Immense markets

Increased farmers revenues

Less exposure time to catastrophic events

Strong IP position

Highly experienced team

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Raising Additional Funds

Poised to meet the industry’s key challenge and capture tremendous market opportunity

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Thank YouAquiNovo: Increasing Aquaculture Yields

Contact

Dr. Nissim Chen, CEOnissim@AquiNovo.com