John Marshall Valens

1. Confidential
WHAT WILL BE THE IN-
VEHICLE CONNECTIVITY GOLD
STANDARD FOR ADAS AND
AUTONOMOUS DRIVING?

2. Confidential | 2
Valens at a Glance
Confidential |2
300
Employees
2006
Established
NYSE:VLN
Trading on the
New York Stock
Exchange
HQ in Israel
with global
presence
IL
High-Performance Connectivity
• Superior technology for high-speed, long-distance,
error-free links.
• Versatile technology providing the most optimized
connectivity solution for any application.
• Developer of HDBaseT standard with thousands of
HDBaseT-enabled products; tens of millions of chips
delivered.
Leader in Audio-Video Market
• Reducing harness complexity, weight, and total
connectivity cost.
• First to market with MIPI A-PHY-compliant
chipsets. On the road in vehicles around the
world.
Innovator in Automotive
Driving Industry Standards
• Key contributor to technology standardization in
various industries.
~100
Patent
portfolio

3. Autonomous
Driving
There is a “Sensor Explosion” in the
Automotive Industry
Level 2 Level 3 Level 4 Level 5
Camera
Radar
Lidar
Display
Total
CAMERA
RADAR
LIDAR
LIDAR
RADAR
LIDAR
RADAR
RADAR
RADAR
RADAR
RADAR
RADAR
RADAR
RADAR
RADAR
CAMERA
CAMERA
CAMERA
Zero Latency
High Speed Long Reach
Prerequisites for ADAS connectivity

4. | 4
The Industry is Being Held Back by Low-
Bandwidth Connectivity
Low-performance legacy E/E infrastructures are a bottleneck impeding software-defined vehicles.

5. Confidential | 5
25
Valens is the First in the Industry with
A-PHY-Compliant Chipsets
MIPI A-PHY DRIVERS
› Best-in-class EMC performance
› Clear roadmap to ultra-high bandwidth
› Simple architecture
› End-to-end safety
› Seamless integration with CSI-2 and
DSI-2 interfaces
| 5

6. Confidential | 6
MIPI Liaisons:
ADOPTED BY IEEE STANDARDS ASSOCIATION
ADOPTING DP and eDP ADAPTATION LAYER FOR A-PHY
Automotive Ecosystem
COMPANIES CONTRIBUTING TO MIPI A-PHY DEVELOPMENT

7. Confidential | 7
Automotive Ecosystem
| 7
“We at Mobileye are working closely with Valens to make sure our
next-generation platforms will comply with the MIPI A-PHY architecture.“
Amnon Shashua, Founder & CEO
“We’re happy to be early adopters of this automotive connectivity standard. Valens
is in a leading position with A-PHY, which is why it is so important for us to start
this collaboration.”
Kenji Onishi, General Manager, Automotive Business Department
“At Denso, we take pride in assembling the most cutting-edge technologies for the market,
and we certainly consider A-PHY to be among them. We're now in the process of evaluating
A-PHY-compliant chipsets and preparing to incorporate the technology into our products so
that we can serve the needs of OEMs.”

8. Confidential | 8
Automotive Ecosystem
“MIPI A-PHY gives us the first standardized solution for zero latency, error-free, multi-gig
connectivity in the harsh electromagnetic in-car environment... We are also optimistic about
Valens’ unique ability to leverage the low-cost UTP channels for our connectivity infrastructure.”
| 8
“We acknowledge the momentum that the MIPI A-PHY standard is gaining in the industry… We’re
thrilled to partner with Valens, the leading supplier of A-PHY-compliant chipsets.”
Bob Zhang, General Manager
“It is a major step that the automotive industry can now work around a connectivity standard,
which is built from the ground up to deal with the specific challenges in the car while bringing
significant cost savings to the ecosystem as a whole. We look forward to taking our place in this
impressive new development around MIPI A-PHY.”
Boyd Fowler, Chief Technology Officer at OMNIVISION

9. Confidential | 9
Automotive Ecosystem
| 9
“At Sumitomo Electric, we view A-PHY as the connectivity infrastructure underlying the cars of
tomorrow, so it was important for us to make sure our cables meet this standard’s channel
requirements.”
“MIPI A-PHY solves a real bottleneck for sensor-ECU connectivity, which is why we're in the
process of evaluating the technology right now. We're highly expecting that we'll be able to
recommend this standard to our community of Japanese OEMs and Tier 1s in the near future.”
“The automotive market is racing towards standardization, and A-PHY is far and away the leading
connectivity solution… Valens [is] an early pioneer of A-PHY technology.”
Insoo Ryu, VP, Head of the Automotive Components & Electronics Business

10. | 10
A-PHY: From Analog to Digital
A Transformative, Standardized Technology
| 10
Yesterday
Today
Tomorrow
Proprietary Bridge Extension
Legacy, analog
CSI-2
ECU
SOC
A-PHY Standard Bridge Extension
Digital
CSI-2 CSI-2
ECU
SOC
Integrated A-PHY Standard Extension
Digital
CSI-2
ECU
SOC
CSI-2

11. | 11
Example A-PHY Integration: Sony
Sony’s new image sensors
will feature the standard
MIPI A-PHY interface.
Extension of CSI-2 over MIPI A-PHY
“We have already started A-PHY
prototype development and are
planning to have an interoperability
test with Valens’ A-PHY de-serializer.
In collaborating with Valens, we will
improve the technological maturity
and integrate A-PHY into the sensor.”
- Sony Semiconductor Solutions
Sony
Camera

12. | 12
VALENS FIRST IN THE INDUSTRY TO SHIP
ENGINEERING SAMPLES OF A-PHY CHIPSETS
Serializer, 2-4Gbps
Dual Deserializer Quad Deserializer Serializer, 2-8Gbps
VA7044
VA7042 VA7021 VA7031
VA7000 Chipset Family
Shipped to
30+
Customers/
partners
| 12

13. Confidential | 13
The Valens Edge:
Simplifying In-Vehicle Architecture with
Safe & Resilient High-Speed Connectivity
confidential |13
Fewer Devices Fewer Connectors Fewer Cables Less Complexity Lower BOM

14. Confidential | 14
Surround view:
Cost Savings Confirmed by 3rd
Party Benchmarking Firm
TOTAL SYSTEM
COST
15%
› 3rd-party system cost analysis done for a surround
view application (4 cameras).
› Showed significant savings when moving from
existing solution, which require shielded
cables/connectors, to Valens’ unshielded solution.
Full report by A2MAC1:
https://portal.a2mac1.com/form-costing-surroundviewsystem/

15. Confidential | 15
Wrapping
Up
› The automotive industry requires a standardized
high-speed solution for ADAS applications
› The Valens VA7000 chipsets are the first A-PHY
compliant solutions to hit market
› There is a growing ecosystem of suppliers emerging
to back MIPI A-PHY deployment
› MIPI A-PHY-based chipsets offer benefits to OEMs,
including reductions to total system cost
Confidential | 15
A-PHY

16. www.valens.com
Info@valens.com
Thank You
www.valens.com
Info@valens.com