Allot Ltd.

Hello everyone and welcome to the Allot Investor Day 2021. It's a big day for us. Today we're going to share a lot about our company and where we're headed, and we're very excited about the future. I'm Barry Spielman, Director of Product Marketing for Cybersecurity, and you're going to hear quite a bit about cybersecurity over the next couple of hours and how it's becoming a central pillar in the company's growth strategy. In that context, this Virtual Investor Day and the information we will be sharing marks an important milestone on Allot's journey, and we're thrilled to have you with us for the ride. Today, I'm joined by Allot's senior management, our chief executive officer, Erezin Tebi, our senior vice president for cybersecurity and head of the cybersecurity business unit, Dr. Yael Vila, and Allot's chief financial officer, Ziv Leitman. Before we begin our presentations, I'd like to remind everyone of our safe harbor disclaimer. Certain statements in today's presentation and responses to various questions may constitute forward-looking statements that represent our outlook and current expectations. We caution you that other additional factors not anticipated by management may cause actual results to differ materially from those projected in these forward-looking statements. We recommend that you refer to the risk factors contained in our most recent annual report on Form 20F and subsequent filings with the U.S. Securities and Exchange Commission. In addition, on this call, we will make reference to certain non-GAAP financial measures, including non-GAAP gross profit and non-GAAP net income. The reconciliation of these non-GAAP measures to the most directly comparable GAAP measures can be found in the appendix to the investor presentation and in the company's first quarter 2021 earnings release, which is posted on the company's investor relations website. I want to point out that a recording of today's session will be available on the investor section of the Allot website as well. Now to get things rolling, I'd like to kick off the day with a short video clip about Allot's cybersecurity business, setting the stage for today's sessions, which will demonstrate to you, we believe, why Allot is literally revolutionizing consumer cybersecurity.

According to the FBI, over the past three years, cyber attacks on American consumers have nearly tripled. In 2020 alone, 86% of UK consumers experienced such attacks. Almost 2% of all emails are phishing attempts and 97% of users simply cannot identify them. Clearly, consumers are increasingly under attack. Although research shows that they are willing to pay for and even switch to a communication service provider that provides them with cybersecurity services, current solutions aren't working. has less than 5% of consumers actually adopt them. Why? Because they're just not willing or able to go through the hassle required to find a trusted app, download it, and then configure it to all of their devices. In other words, consumers can't be their own CISO. A lot is revolutionizing consumer cybersecurity. It enables communication service providers to secure consumers from the network, stopping attacks before they even reach the end user's device. Consumers enjoy zero-touch, client-less security from their broadband provider wherever they are, blocking malware, phishing attacks, viruses, and bots. This solution, already used by over 20 million subscribers globally, overcomes the mass market adoption barrier. In some countries where it was launched, it has gained adoption rates up to 50% of consumers who paid a 5-8% premium for the communication service provider cybersecurity service. This offering turns the communication service provider from a transparent broadband provider into a secure one, increasing revenue and customer loyalty. With Allat's revenue-sharing business model, communication service providers can finally benefit from the huge addressable market of 3 billion potential subscribers willing to pay for trusted cybersecurity services. Revolutionizing consumer cybersecurity. Allat.

Before I turn over the microphone, I want to quickly go through the agenda and what we have planned for you today. We will start with a briefing by our CEO, Erezin Tevi, who will show you how Allot is revolutionizing consumer cybersecurity. He will describe the huge business opportunity for both CSPs and for Allot. We will then share with you a discussion our CEO recently had with Mark Ruan, Executive Vice President and Chief Network Officer at DISH. Allot recently signed a deal with DISH to provide end-to-end user plan protection against DDoS and botnet attacks on DISH's cloud-native, Open RAN-based 5G network, as well as to provide cybersecurity threat protection for DISH consumer, MVNO, and SMB customers. We will then move on to Dr. Yael Vila, our SVP for cybersecurity, who will give an overview on the technology that makes it all happen. Following Yael's presentation, we will share a couple of additional short testimonials from our customers who will discuss how Allot's solutions help them achieve significant growth. And finally, Ziv Leitman, our CFO, will discuss Allot's revenue sharing business model. We will have plenty of time to answer your questions during the Q&A session. If you have any questions, feel free to send them via the questions tab on the platform at any time, and we will answer them during the Q&A. Okay, I think we're ready to get started. I'm pleased to hand it over to our CEO, Erez Entebbe.