P.V. Nano Cell Ltd.

Climate Impact & Sustainability Data (2018, 2021, 2022, 2023)

Significant losses since inception and substantial doubt regarding ability to continue as a going concern.
Minimal revenue from product sales.
Limited marketing and sales capabilities.
Manufacturing risks (raw material availability, price fluctuations, malfunctions).
Competition from companies with greater resources.
Risks related to nanotechnology (health effects, public perception).
International expansion risks.
Dependence on key personnel.
Compliance with environmental, health, and safety laws.
Dependence on a license for additives.
Risks related to intellectual property (patent protection, trade secrets).

Best Innovative Material From 3D Printing (IDTech)
One of the 100 companies to follow in the cleantech field (Global Cleantech Group)

Significant losses since inception, raising substantial doubt about ability to continue as a going concern.
Limited revenues insufficient to sustain operations.
Limited cash resources.
Need to raise significant additional funds.
COVID-19 constraints negatively impacting global economy and operations.
Fluctuations in silver prices (main raw material).
Fluctuations in raw material prices.
Compliance with environmental, health, and safety regulations.
Competition in the market.
Rapid technological change.
Ink product compatibility with printers.
Limited marketing and sales capabilities.
Manufacturing risks.
International expansion risks.
Unknown health effects of nanotechnology.
Public perception of nanotechnology.
Dependence on key personnel.
Political, economic, and military instability in Israel.
Restrictions on manufacturing and technology transfer due to Israeli government grants.
Exchange rate fluctuations between USD and NIS.
Israeli law and Articles of Association may hinder acquisitions.
Adverse tax consequences if characterized as a passive foreign investment company (PFIC).
Significant costs of operating as a public company.
Disclosure obligations as a foreign private issuer.

Seeking alternative financing to fund operations.
Adjusting working mode to comply with government guidelines during COVID-19.
Raising product prices to counter silver price increases.
Testing anti-viral activity of nanoparticles.
Intending to upgrade facilities to increase production capacity.
Intending to engage third-party manufacturers.
Developing and implementing production and operating infrastructure.
Developing and implementing our Complete Solution Approach.
Increasing market awareness of products and technologies.
Seeking partnerships with digital inkjet manufacturers.
Applying technology to other fields.
Participating in European Horizon 2020 R&D programs.
Implementing remediation plans for material weaknesses in internal control over financial reporting (e.g., hiring outsourced CFO, establishing Audit and Compensation Committees).

Environmental, social and corporate governance (“ESG”) issues, including those related to climate change and sustainability, may have an adverse effect on our business, financial condition and results of operations and damage our reputation.

ESG issues, including those related to climate change and sustainability, may have an adverse effect on our business, financial condition and results of operations and damage our reputation.
Complying with ESG demands or requirements could cause us to incur additional manufacturing, operating or product development costs.
If our ESG practices fail to meet regulatory requirements or investor, employee or other stakeholders’ evolving expectations and standards for responsible corporate citizenship in areas including environmental stewardship, support for local communities, Board of Director and employee diversity, human capital management, employee health and safety practices, product quality, supply chain management, corporate governance and transparency, our reputation and employee retention may be negatively impacted, and our suppliers may be unwilling to continue to do business with us.

We intend to take appropriate and reasonable steps to make the necessary improvements to remediate these deficiencies, provided that we have the resources to implement them.