IATI 3 rd MULTI-NATIONAL R&D CENTERS

IATI 3 rd MULTI-NATIONAL R&D CENTERS Annual Conference October 18 th 2015 with the support of: In partnership with: State of Israel Ministry of Foreign Affairs

Israel Advanced Technology Industries ISRAEL'S LARGEST UMBRELLA ORGANIZATION for the High-Tech and Life Science Industries iat i.co.il For more information about IATI please contact: T: +972 (0)73 713 3401 Bldg E, 89 Medinat HaYehudim St., Herzliya Pituach, Israel E: iat i@iat i.co.il

Israel s Largest Umbrella Organization for the High Tech and Life Science Industries Israel Advanced Technology Industries (IATI) is Israel s largest umbrella organization for companies, organizations, and individuals in the high tech and life science industries. In a country like Israel where innovation is a national mindset, IATI s mission is to strengthen these two industries across the whole value chain while creating global, technological and innovational leadership. The IATI researches, develops and advocates policies and actions that promote all of Israel's high tech, increasing awareness of its strengths and innovations worldwide. It creates a favorable environment for Israeli high tech and life science companies to innovate, develop, produce and deliver products that benefit society. Our members come from every level and aspect of the industry: entrepreneurs, start-ups, R&D centers of multi-national companies, local and international venture capital funds, private investors, tech-transfer companies, incubators, accelerators and service providers. What all members have in common is an interest in becoming global leaders in their field. By providing the platform for communication and collaboration, IATI gives its members not only the opportunities to learn from successful individuals but to also gain access to R&D, marketing, financial service providers, the world s top tier venture capital funds as well as other investors. In recognition of the social needs of Israel and in line with the social responsibilities undertaken by the high tech industry, the organization encourages its members to promote and develop the community in Israel through promoting the level of education in general, while emphasizing the education for inventive and creative thinking in particular. In addition our association endorses organizations that encourage the exposure of young people to technological advances and an entrepreneurial approach. IATI adds value for its members by offering: Business development opportunities for IATI members only Participation in industry-specific forums and committees to promote key issues and discuss potential solutions - open for IATI members only Frequent high-level professional networking seminars, webinars and round tables complimentary registration for members Involvement with the industry s voice through direct contact with government ministries and agencies One-on-one meetings and speed dating with local and international senior executives A gateway to Israel's senior officials around the world ambassadors and commercial attaches A presence at local and international industry events which IATI co-initiates or sponsors, and exposure as a player in the advanced technology industry Ongoing exposure of your news & press coverage via IATI's media and new media Inclusion in the most comprehensive and updated database in Israel Exclusive access to IATI's most comprehensive data base in Israel Free access to daily local industry news, the latest research publications, most notably the comprehensive annual industry report Complimentary entrance and significant discounts for many IATI activities, events and our annual conference Involvement and discount to Israel s largest annual life science and high tech IATI conference IATI Member badge that can be assimilated onto your company website and other publications For more information about IATI and how you can benefit, please contact T: +972 (0)73 713 3401 iati@iati.co.il www.iati.co.il

IATI Multinational Companies (MNC) Forum Current workgroups are: Education Work Group: This workgroup focuses on growing the engineering and technical capacity of hi-tech in Israel by taking actions that will increase the number and quality of students graduating from high-school and universities with a diploma in Engineering, Computing, Science & Math. Human Capital: HR Managers collaborate to address the hightech industry challenges as well as the unique issues of Israeli sites of Multi National Companies. Academic Collaboration Work Group: This workgroup is focused on expanding various aspects of MNC collaboration with academic institutions, including how to enable and simplify IP transfer and sharing, how to efficiently utilize academic expertise, exposing MNCs to academic research and vice versa, organizing joint events, etc. The IATI MNC Forum unites the leaders of the leading Multinational R&D centers in Israel to promote and advance common interests of these centers in Israel. There are many shared common interests and goals among the Multi-National Companies despite obvious competition. The IATI MNC Forum is the leading Forum, where the MNCs cooperate and collaborate in order to promote their joint objectives. IATI (Israel Advanced Technology Industries) is Israel s largest umbrella organization for the high tech and life science industries. In a country like Israel where innovation is a national mindset, IATI s mission is to represent and support the entire advanced technology "ecosystem in order to leverage its strengths and expand its network. The IATI MNC Forum is run by IATI and led by a Steering Team headed by Yoram Yaacovi of Microsoft. The Forum is comprised of and operates via various workgroups which convene quarterly. The MNC Forum meets every quarter in order to be updated on recent progress of the work group activities, to hear relevant guest speakers as well as networking & collaborative purposes. Government Collaboration Work Group: The Israeli government is aware that the hi-tech industry is a critical part of Israel s success. Thus, this workgroup reviews existing government programs and how to use them effectively (ex. employment grants for headcount growth). The workgroup also seeks opportunities to improve government processes and policies that will encourage additional investments of global companies in Israel. Positioning and Communications Work Group: The objective of this workgroup is to handle all communication aspects of the forum including press presence, get relevant information to members, track changes in the industry, and provide facts about Israel and the hi-tech ecosystem, including creating a presentation for the use of the members. Collaboration Work Group: This workgroup seeks opportunities for the MNCs in Israel to collaborate where competitive reasons do not prevent that from happening. For more information and for joining the IATI MNC Forum please contact Roni Yore: roni@iati.co.il T: +972 (0)73 713 3401 www.iati.co.il

Welcome to the IATI 2015 Multinational R&D Annual Conference This unique conference gathers the world's largest advanced technology R&D Centers operating in Israel, presenting some of the most exciting developments in advanced technologies that are taking place in Israel today. Top-tier global companies are opening new R&D centers and investing in accelerator programs in Israel. This brings invaluable international expertise to Israel and strengthens the corporate culture, helping Israel to stay ahead of the game in the global technology sector in spite of its small size. The Israeli high-tech and life sciences industries continue to be Israel s main economic growth engines. Yet they currently face many challenges, among them: increasing competition, global economic slowdown and regulatory changes. We, at the Israel Advanced Technology Industries (IATI), Israel's largest umbrella organization for the high-tech and life sciences industries, continue to promote and support innovation, entrepreneurship and growth. IATI is committed to providing support for the hi-tech world at all levels, from start-ups to multinational players, and promoting industry-academia collaboration. We run collaborative seminars, workshops and webinars, and constantly create business development opportunities for startups and for the entire ecosystem. We have initiated and maintained a variety of active sector and subject-based committees. We have continuous dialogue with government officials about the needs and challenges of our industry. Our experience has taught us the value of committed partners and shared goals. The combined talent, brainpower, and entrepreneurial energy of our members holds enormous promise for our industries as well as for Israel. Together, we will handle the challenges effectively and efficiently. We will promote hi-tech employment and technology education, and advance regulation to support all facets of the industry. The IATI will continue to help Israeli companies become global leaders in their respective areas and will assist them in penetrating new emerging markets. We feel extremely fortunate to have strong partners across the industries, and we are eager to continue working with you to realize our common dreams. For more information, please contact us at: iati@iati.co.il or +972-(0)73-7136313. Yours, Yaki Yanai President & COO Pluristem Therapeutics IATI Co-Chairman Karin Mayer Rubinstein IATI CEO Erez Tsur General Manager EMC IATI Co-Chairman

I am very pleased to welcome you to the third Annual Conference of the IATI Multi-National Companies (MNC) Forum. Israel has the highest concentration of large multi-national companies per a square kilometer, and per capita. Many multi-national companies have recognized the unique skills of the Israeli engineers, and the innovation of the startup nation high-tech ecosystem, and this resulted in many such companies setting up their R&D centers in Israel. Whether through an acquisition of one or more companies, the move of a senior executive from the global company back to Israel, or a direct decision to open an R&D center here the result is the same Israeli engineers, developers, managers and other professionals working for large international corporations performing key R&D for the company. The MNC s became a significant segment of the Israeli hi-tech industry - currently there are about 250 global companies with 28,000 employees in Israel. 45% of R&D employees in Israel are employed by MNCs. As such, the MNC forum is an important part of the IATI. The Forum creates a unique opportunity for the managers of the R&D centers to interact, exchange ideas and best practices, and advance subjects and issues which are common to all of them. Being part of large corporations, these centers have the need and the bandwidth to take the strategic point-of-view, and long-term planning to make an impact on the high-tech industry in Israel, the education system and the government approach to high-tech. As such, talent and education are central to the MNCs and to their ability to continue to grow and bring value to their companies and to Israel. Today s conference is part of this strategy we will discuss the challenges we face in our efforts to stay competitive next to the world and the different relevant aspects-creating new talents through improving STEM education (science, technology, engineering and mathematics) and including more sectors in the industry. The intent is to share with our guests and with each other the magnitude and the quality of the work being done here, and encourage synergies and collaboration where possible, adding even more value to the presence in Israel. I hope you will enjoy the conference and benefit from it. You are welcome to approach me or any of the IATI reps for any further information you may need. Yoram Yaacovi General Manager Microsoft R&D Center, Israel Chair of the IATI MNC Forum

IATI 3 rd MULTI-NATIONAL R&D CENTERS Annual Conference Agenda Conference Moderator: Oded Meirav, Manger, GE Global Research Israel Technology Center 13:45-14:30 Networking & light lunch 14:30-14:40 Opening Words: Erez Tsur, Co-Chairman (High Tech) IATI, GM EMC Israel Karin Mayer Rubinstein, CEO, IATI Yoram Yaacovi, Chairman, IATI MNC Forum, GM Microsoft Israel R&D Center 14:40-14:50 Opening Words: Avi Hasson, Chief Scientist of the Ministry of Economy 14:50-15:10 Staying Competitive in the R&D Global Environment Yoram Yaacovi, GM Microsoft Israel R&D Center 15:10-15:30 Improving R&D Efficiency and Effectiveness in the High-Tech Industry Vinod J. Devan, Consulting Partner, Monitor Deloitte 15:30-16:15 Panel: Creating Diversity in the Israeli High-Tech Industry Opening words: MK Robert Ilatov, Chairman, Lobby for the High Tech Industry in Israel Moderator: Zika Abzuk, VP Business Development, Cisco Israel Participants: Sari Roth, CEO, Bontact; Itzik Frid, CEO & Managing Partner, Takwin Labs; Moshe Bublil, VP R&D, Rachip; Basma Khalaf, Engineer, Intel; 16:15-16:20 MK Tzipi Hotovely, Deputy Minister of Foreign Affairs 16:20-16:40 Refreshments 16:40-17:40 Panel: Relevant Regulatory Issues: Tax, IP, Employment Moderator: Raffi Margaliot, GM HP Software Israel Participants: Orly Gerby, Partner, HFN; Avi Ordo, Partner, S. Horowitz & Co; Yaniv Erlich, Partner, GKH 17:40-18:30 Panel: The Role of the High-Tech Industry in Building its Next Generation Moderator: Shahar Bar-Or, GM SanDisk Israel Participants: Gadi Singer, GM Intel Israel; Itzik Turgeman, CEO, Rashi Foundation; Ido Sharir, Director General, Ministry of Science, Technology and Space; Dafna Dor, CEO, Different Lesson; Tomer Talgam, Engineer and Cyber Educational Assistant; Karin Pascal, High School Student

Israel is the world s spiritual hub for innovation and a powerhouse for pioneering technologies. Israeli thinkers, makers and doers are changing the world of Media&Internet, Cyber Security, Water Technology, AgriTech, Health&Life Sciences, Financial Technology, Automotive Industry, High-Tech&Smart Manufacturing. If you are looking for ways to grow your business, Israel is the place to be. First, we have an increasingly strong and resilient economy. Israel has seen consecutive years of significant GDP growth above the OECD and the US, what s more, our 5% unemploy ment rate is one of the lowest in the world. Thus, despite the regional geopolitical challenges the Israel economy has been identified as one of the most secure and healthy in the world. Second, our renowned academic system has afforded us with an extraordinary talented workforce. Israeli scientific institutions are ranked No.1 for quality and No.4 in the world for research personnel. Moreover, Israel has the highest concentration of engineers and PhDs per capita in the world, laying the foundation for influential research and innovation. Third, Israel is an R&D and technology leader. No.1 in the world R&D investment as a percentage of GDP, with more than 3,000 high-tech companies and start-ups (the highest concentration in the world after the Silicon Valley). Israel also has the largest number of NASDAQ listed companies outside North America. Fourth, we are open for business The Ministry of Economy is position to promote foreign investments in Israel, with programs and services designed to address your needs during every phase of the investment process and as you grow your business in Israel. Comprehensive governmental incentives make Israel one of the world s most attractive places for investors. Fifth, Israel has by far outperformed other countries in VC volume per capita, and many of the world s leading multina tional companies have made their home in Israel. Microsoft, Motorola, Google, Apple, Facebook, Berkshire-Hathaway, Intel, HP, Siemens, GE, IBM, Toshiba and Cisco head the long list of over 300 MNCs who have realized that Israel is their ideal choice for investment. Our message is clear: If you are considering expanding your business, searching for inspiring technologies or looking for attractive opportunities invest in Israel. Amit Lang Director General Ministry of Economy

The world around us is changing. Manufacturing, business models, marketing and finance all changing at a pace faster than ever. In this fast moving world the only way to "stay in the game" is to constantly adapt and innovate. There are few places in the world that can match Israel in the quality of innovation. This is the main reason that around 300 multi-national corporations (MNCs) are operating in Israel, taking a big part of the R&D activity in the "start-up nation". The MNCs are a crucial component in Israel's innovation ecosystem working in harmony with the investors, start-ups, SMEs, mature firms, academia and government to form one of the greatest hubs of innovation in the world. We all understand that despite the benefits of being a part of this ecosystem, the decision to operate here is not always easy. Our promise is that those who choose to do so will find a partner in the Israeli government. Indeed, the office of the chief scientist at the ministry of economy (OCS) has been a partner of the MNCs for more than 40 years. The OCS is currently in a midst of a strategic transformation to become the National Authority of Technological Innovation. The main goal of this transition is to better serve all parts of the ecosystems, including, of course the MNCs. We are certain that the fruitful cooperation we established over the years will continue to thrive in the future. Avi Hasson Chief Scientist Ministry of Economy State of Israel Ministry of Foreign Affairs It is a great pleasure to congratulate IATI on the occasion of its third annual conference. The IATI MNC FORUM provides an excellent opportunity to showcase Israeli entrepreneurship and ingenuity. The Ministry of Foreign Affairs is proud to partner with IATI in this effort. Israeli innovation in the world of advanced technology spans the range of high-tech industry from biotechnology to cyber security, fromcommunications to sustainable clean-tech projects. The Ministry of Foreign Affairs promotes the Government of Israel's commitment to facilitate between multi-national companies and Israeli initiatives who are keen to partner. Tools such as favorable financial policies provide essential boosts and incentives. Together with the Office of the Chief Scientist and other government authorities, we invest this effort in advancing bilateral R&D agreements, B2B meetings, seminars and exhibitions with the aim of helping each connection realize its full potential. Wishing all participants stimulating and fruitful collaborations, Dore Gold Director General Ministry of Foreign Affairs

R&D in science, technology and space is a key lever for economic growth, increasing social resilience and strengthening Israel's standing in the international community. Over the years, Israel has managed to maintain its position in these areas, and has reached impressive and ground breaking achievements, including 8 Nobel Prize laureates in the fields of science, which helped improving the quality of life for mankind. These achievements are the fruit of investments made in Israel decades ago, and should not be taken for granted. In order to preserve Israel's position at the fore front of global technology we must continue to invest in and nurture the future generations, and make sure they are taught the fundamental disciplines in science and technology, including mathematics and physics. To make this happen, we must think time and again and continue asking ourselves how we can attract children and teenagers to study science and to pursue it as their career later on in their future lives. Unfortunately, in recent years we have witnessed a decline in government investments that are directed to areas of science, technology, R&D and scientific education among children and youth. Recently we could perceive the first signs ofa beginning of change in this trend. It is not without reason that the vision of the Ministry of Science, Technology and Space is "to be a leading factor in advancing the state of Israel in the fields of science, technology and space as a lever for economic growth, increasing social resilience and strengthening its international position". One of the main goals of the Ministry is to makescience more accessible to the community and encouraging excellence in science and technology. And indeed, the Ministry of Science operates on many levels and runs numerous programs, both for students and youth in the framework of informal education and also for students and researchers in institutions of higher education, which implement the vision and goals of the ministry, for the sake of the future of the State of Israel. Ido Sharir Director General Ministry of Science, Technology and Space

Israel Advanced Technology Industries (IATI) Bldg. E, 89 Medinat HaYehudim St., Herzliya Pituach, Israel T: +972 (0)73 713 3401 F: +972 (0)73 713 6314 iat i@iat i.co.il www.iat i.co.il