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This is an English convenience translation of the original Hebrew version. In case of any discrepancy, the binding version is the Hebrew original Israel Corporation Ltd.

Registrar Number: 520028010 Securities of the Corporation are listed in the Tel Aviv Stock Exchange Sort name: Israel Corporation Address: P.O.B. 20456, Tel Aviv 61204 Tel: 03-6844517, 6844500, Fax: 03-6844587 Email: MAYAAK@ISRAELCORP.COM Date of Transmission: 15/1/2014 Reference: 2014-01-016150

To:

To:

www.isa.gov.il www.tase.co.il Immediate Report The Event: Qoros Presentation - January 2014 Attached hereto an analysts presentation, which was presented at investors conference in which Qoros presented. The date when the event first became known to the corporation: January 14, 2014 Time: 12:00 The name of the authorized signatory to the report and the name of the authorized electronic signatory: Maya Alcheh-Kaplan Position: Vice President, General Counsel and Company Secretary Date of signing: January 15, 2014

Form 121 Public

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Important Legal Notes

Receipt of the information delivered or to be delivered to you by Israel Corporation Ltd. is subject to the following: The information delivered or to be delivered to you does not constitute an offer or a recommendation to do any transaction in Israel Corporation Ltd. securities and/or any of its affiliates (“IC Group”). Although our shares may be bought and sold on the Tel Aviv Stock Exchange (TASE) at any time, they do not constitute trade out of Israel, neither in the United States nor elsewhere and this presentation does not constitutive an offer or investment advice to any U.S. or other public at this time. If we ever do so, our offer will only be made by a prospectus or a registration statement conforming with the requirements of U.S. or any other applicable law. Certain statements in this presentation, the information delivered and/or other oral and written statements made by Israel Corporation Ltd. and any of its affiliates, officers, advisors and employees ("IC Group Officers") from time to time, are forward-looking statements, including, but not limited to, those that discuss strategies, goals, developments, outlook or other non-historical matters; or projected revenues, income, returns or other financial measures. These forward-looking statements may not materialize and are subject to risks and uncertainties not under the control of Israel Corp. and its subsidiaries which may cause actual results to differ materially from those contained in the statements, including, among others, the following: (a) the changes in worldwide economic and political conditions that impact, inter alia, on interest and foreign exchange rates, (b) the extent to which IC Group Officers are able to successfully integrate acquisitions and/or implement business strategies, (c) the extent to which IC Group Officers are able to achieve savings from its various plans, (d) new legislation and regulation applicable to IC Group, government funding or program approvals affecting IC Group and/or products being developed or sold under government programs, (e) cost and delivery performance under various contracts, or (f) other risks and uncertainties not under the control of Israel Corp. or its subsidiaries. IC Group cautions you that the above list of important factors is not comprehensive. For your convenience, we refer you to filings that we have made with the TASE. They may discuss new or different factors that may cause actual results to differ materially from this information. IC Group Officers do not undertake any obligation to update any information provided by it. IC Group Officers make no warranty of any kind with respect to the information provided by it. Furthermore, IC Group Officers shall not be liable for any damage (direct or indirect) which may arise in connection with such information or any detail contained therein. Some of the market and industry information is based on independent industry publications or other publicly available information, while other information is based on internal studies. IC Group Officers cannot assure you as to the accuracy or completeness of this information. Recipients and/or viewers are cautioned to consider all of the above mentioned risks and uncertainties and to not place undue reliance on such information. All the non-financial information in this presentation is presented on an aggregate group basis, not taking into account any minority share in the companies and/or assets. The information provided by IC Group Officers is provided solely as a convenience. In any case of any discrepancy between the information contained herein and the information contained in the official reports of the Company to the Israeli Securities Authority and the Tel Aviv Stock Exchange, the information recorded in such official reports shall prevail.

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“Chinese products have always been regarded as low quality and unsafe”

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Which was the safest car tested in 2013 by EuroNCAP?

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DOC ID

Analyst meeting Tel Aviv – January 14th, 2014

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Qoros team today

Volker Steinwascher Vice Chairman Stefano Villanti Executive Director Sales & Marketing

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Who is Qoros?

▪ A new international automaker that has

launched in 2013 in China and Europe

▪ A new company created with a mature,

passionate and expert team, and with no legacy

▪ A player ideally positioned to exploit new

• pportunities arising in China, the largest

and fastest growing automotive market

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We are an international car company headquartered in China

WE ARE A NEW KIND OF CAR COMPANY

▪ A company not satisfied with the status quo ▪ A company built from the ground up to take

• n a new approach

▪ A company with a single vision to provide our

drivers with more of what they need and less

• f what they don’t

▪ A company with determination and belief to

create an overall better driving experience… and beyond

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Our Founding Principle

The world doesn’t need another car company.

BUT IT DOES NEED A DIFFERENT ONE.

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How We Are Different

WE BUILD BETTER CARS FOR THE REAL LIVES OF THE MODERN METROPOLITAN PEOPLE.

Better because we are building cars that are designed to fit the modern metropolitan lifestyle. Fast moving, progressive and constantly changing.

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Today’s topics

▪ Company overview ▪ China market update ▪ Qoros 3 sedan ▪ Launch campaign ▪ Future growth

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Today’s topics

▪ Company overview ▪ China market update ▪ Qoros 3 sedan ▪ Launch campaign ▪ Future growth

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China passenger car sales All platforms and body sizes (excl. vans), million units 25 20 15 10 10 09 08 07 06 05 04 2003 5 2020 19 18 17 16 15 14 13 12 11

Dec 2013 data Jan 2012 data

China surpassed the US (~10 mn) to become the No. 1 single-country passenger car market in 2010

Source: IHS Automotive Light Vehicle Sales Forecast (Greater China, Sept-13); KPMG; McKinsey

China will even exceed North America (~17 mn) and Europe (~20 mn) to become the No. 1 area market by 2020 Previous forecast proved accurate

China auto market continues to grow at a fast pace and will become the No. 1 area market by 2020

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18 Source: IHS Automotive, CPCA, CAAM 1 Including light commercial vehicle but no heavy duty vehicle

2013 Penetration Rate1

(Per 1000 population)

20 89 187 295 560 567 584 739 Germany Japan US China Russia Brazil India UK

Growth potential is still huge as penetration rates are low compared to other countries

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19 Source: IHS Automotive

2020 24.2 0.5 2.0 8.7 2013 15.8 3.6 0.9 Sports E Full-Size D Mid-Size C Compact B Subcompact A Mini 12.7 5.5 1.7 0.1 3.4 0.8 0.1

Qoros focus

China car market volume by segment Million cars

Qoros C platform portfolio focuses on the largest market segment in China

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Share by Brand Origin in China Passenger Vehicle Market

Brand Preference

The higher the segment, the higher the share of European and U.S. brands (line-up in China based

• n their European products). And they are gaining popularity continuously, with share in the C-segment

about 40 percent, up 5 percent over the last three years

Source: China Passenger Car Association (CPCA) 1 U.S. brand C-cars in China are introduced from European units, e.g. Ford Focus, Buick Excelle GT/XT(Opel Astra)

100% D 48% 29% 23% E 40% 29% 31% 70% 23% 7% China Japan & Korea 91% 8% EU & U.S. C B A 35% 26% 39% Share sales volume, 2012

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21 Source: IHS Global Insight; McKinsey M-view; McKinsey China Premium Car Research (2012)

Global premium car sales ranking, thousands units 92 104 108 147 162 192 354 436 1,017 1,670 57 118 159 186 202 228 250 530 947 1,246 1,700 3,000 169 178 191 282 295 350 592 1,067 2,327 36 12 4

• 1

2 2 1

• 3

4 31 5 2 3 2

• 3

5 4 1 2012e 2002 2020e CAGR, Percent 2002-12e 2012-20e 2 1 9 7 8 3 5 4 6 10 14

McKinsey IHS Global Impact

. .

China is becoming the world’s largest premium car market

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22 Source: McKinsey China Premium Car Research (2012)

40 percent of buyers claim that they are open to considering a premium car from a local Chinese OEM… … but they only expect local OEMs to be ready with such a car after 2020 No yes 59% 41% 16% 18% 41% 24% 1% Never 5-10 years 10-20 years 1-2 years 2-5 years “Would you choose a premium car (RMB 400K+) from a Chinese brand (non-JV)?” “How soon do you think a Chinese OEM will be able to produce a premium car that is recognized worldwide (RMB 400K+)?”

Buyers are open to considering a premium car from a local Chinese OEM

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Today’s topics

▪ Company overview ▪ China market update ▪ Qoros 3 sedan ▪ Launch campaign ▪ Future growth

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RELENTLESS PURSUIT OF QUALITY ENDURING ELEGANCE

• Competence
• High standards
• Sophistication
• Dynamism
• Single-minded simplicity

Our Product Truths

BEYOND DRIVING

• Buying experience
• Balance
• Connectivity

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Relentless Pursuit of Quality

Best-in-class engineering, high quality production. Simply, a better drive.

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We made a historical moment - the first vehicle from China to receive the EURO NCAP 5 star rating!

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60 65 70 75 80 85 90 95 100 Adam Sandero Evalia Citan Mazda 6 Rav 4 C4 Picasso ZOE Space star Captur Corolla Trax CRV Octavia Auris IS300 3 Sedan

Safety: Qoros achieved the No.1 ranking in 2013 EuroNCAP with an overall score 3% ahead of the rest

Overall score

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70 75 80 85 90 95 100 Qoros 3 Sedan – second highest scoring1 BMW 5 Series Hyundai Sante Fe Opel Mokka BMW 3 Series

Additionally, Qoros achieved No. 2 ranking ever in EuroNCAP history

Overall score, calculated using 2013 protocols

1 When benchmarks are recalculated on 2013 protocols. Note: Euro NCAP protocols change annually, continually raising the bar to achieve high scores Comparing vehicles performance from different test years is difficult as the protocols change

Volvo V40 – the highest scoring car of all time

▪ Currently No. 2 of all cars

ever tested by Euro NCAP. Only beaten by Volvo V40

▪ Vehicles with this level of

performance normally have knee airbags, pop up hoods/pedestrian airbags with approx. 2,000 RMB more part cost than Qoros 3! Safety at an affordable price VW Golf

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Reliability: Extensive vehicle testing was conducted around the world as part of the engineering process

Winter test Summer test

Other performance test

Powertrain Calibration Vehicle Dynamics Winter Test Arvidsjaur, Sweden HVAC Winter Test, Rovaniemi, Finland Endurance Test HVAC Winter Test Yakeshi, China Vehicle Dynamics Winter Test Heihe, China Vehicle Dynamics, Durability Nardo, Italy Durability, Electrical, Graz, Austria Vehicle Dynamics Homologation, Idiada, Spain Misuse Tests, Durability Xiangyang, China Aerodynamics; Powertrain Cooling/HVAC; Durability Shanghai, China Chassis Misuse Wuhu, China Powertrain Calibration SummerTest /High Altitude Idiada/Granada Powertrain Cooling; Summer Test Upington, South Africa HVAC Summer Test,Corrosion test Hainan, China HVAC Summer Test Mount Isa, Australia HVAC, Powertrain, & ESC New Zealand

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RELENTLESS PURSUIT OF QUALITY ENDURING ELEGANCE

• Competence
• High standards
• Sophistication
• Dynamism
• Single-minded simplicity

Our Product Truths

BEYOND DRIVING

• Buying experience
• Balance
• Connectivity

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Enduring Elegance

Modern and sophisticated design gives feeling of grand presence. Simply elegant.

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RELENTLESS PURSUIT OF QUALITY ENDURING ELEGANCE

• Competence
• High standards
• Sophistication
• Dynamism
• Single-minded simplicity

Our Product Truths

BEYOND DRIVING

• Buying experience
• Balance
• Connectivity

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Beyond Driving

Intuitive connectivity and premium interior space enables more than just driving. Simply, enjoyable.

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QorosQloud is a digital ecosystem that connects you with your car and your digital world

Guide

▪ Trip planning ▪ Smart POI ▪ Dynamic parking info ▪ Sync navigation

Control

▪ Car location ▪ Driving behavior

monitoring Share

▪ Check-in ▪ Shared trips ▪ Social networks ▪ Badges

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INTUITIVE IMMEDIATE ACCESS

NO BUTTONS AND MENUS TO LEARN

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Every trim of Qoros 3 sedan provides more value/features than similarly priced competitors

Features

▪ Engine ▪ Transmission

Price Comfort

▪ Qoros MMH™ 8” capacitive

touch screen

▪ Bluetooth with handfree and

music streaming

▪ Keyless Start ▪ 16” alloy wheels ▪ Halogen headlamps ▪ Steering wheel 4-way adj. ▪ Classic cloth seats (manual) ▪ Manual AC ▪ 4-speakers ▪ LED daytime running lights

▪ 1.6 VVT ▪ Manual

119,900 Experience

▪ QorosQloud™ cloud enhanced

navigation and car care

▪ Rear view camera ▪ Stylish blend seats ▪ 6-speaker s ▪ ESC/TCS/EBD ▪ Side airbags ▪ Steering wheel leather wrapped ▪ Auto 2-zone AC ▪ Small chrome packages ▪ Rear seat 40/60 folding ▪ Door mirror heated ▪ Rear outlet

▪ 1.6 VVT ▪ Manual ▪ 1.6 VVT ▪ DCT

134,900 142,900 Experience+

▪ Sunroof ▪ Double exhaust pipes ▪ 17" alloy wheels ▪ Tire pressure indicator

▪ 1.6 VVT ▪ DCT ▪ 1.6 Turbo ▪ DCT

151,900 159,900 Elegance

▪ Leather seats (elec, 6-way driver

w/ memory, 4-way fr. Passenger)

▪ Cruise control & MF leather

Steering wheel

▪ Side air curtains ▪ Keyless entry ▪ Chrome packages ▪ Ambience light –full version ▪ PDC ▪ Passenger & rear seatbelt

reminder

▪ Glove box cooler ▪ Auto door mirror folding

▪ 1.6 Turbo ▪ DCT

167,900 Launched Launched

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▪ Company overview ▪ China market update ▪ Qoros 3 sedan ▪ Launch campaign ▪ Future growth

Today’s topics

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2,000,000 4,000,000 6,000,000

12M+ people visited our site… 30M page views

Interest in Qoros is building up significantly

In 2013

Feb Apr Jun Aug Oct

Qoros.com website monthly visits

Geneva and Shanghai Autoshows SEPT 26th – Euro NCAP NOV 1st – Launch Campaign NOV 21th – Guangzhou Autoshow

Dec

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Qoros delivers first customer car on Dec 31st 2013

▪ On December 31, 2013, Qoros handed over its first customer car in China. ▪ Mr Yu Min, a 28-year old interior designer from Shanghai, was handed the

key to his brand new Qoros 3 Sedan by Mr Volker Steinwascher.

▪ The press release is distributed nationwide together with online

communications.

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Overview of marketing communication activities during the launch phase

Media Online Co-branding Autoshow Events PR On-Going

TV Newspaper Magazine OOH Banners Videos Social medias National Geographics iApartment Guangzhou Autoshow Dealer openings & cf11 dealer launch CF 11 Dealer Road Show + Test Driving Auto media Test drive Mass media Test drive TBD Euro Ncap Tech Day

Baidu brandzone, baidu keywords, qoros and dealer websites, social media platforms (e.G., Weibo, weixin, bbs), crm, press coverage

Theatre

Launch phase Sep Oct Nov Dec Jan Feb

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Every prototype design were all nearly perfect. But, we were not satisfied enough. So we started all over again. Re-engineered, re- designed, re-tested and continued to surpass ourselves. Qoros 3 Sedan. New to the world

TVC: a grand announcement of CF11 product launch to build up awareness

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TV commercial

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Shanghai dealer picture

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Shanghai dealer picture

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48 City Coverage by 2013 YE City Coverage targeted by 2014 Q1 City Coverage targeted by 2014 Q2 City Coverage targeted by 2014 Q3 City Coverage targeted by 2014 Q4

By 2014 YE, 100+ PoS will be launched, covering ~80 cities

南宁 Nanning 西安 Xian 呼和浩特 Hohhot 西宁 Xining 长沙 Changsha 郑州 Zhengzhou 兰州 Lanzhou 哈尔滨 Harbin 拉萨 Lhasa 太原 Taiyuan 南昌 Nanchang 上海 Shanghai 武汉 Wuhan 重庆 Chongqing 成都 Chengdu 贵阳 Guiyang 北京 Beijing 昆明 Kunming 合肥 Hefei 杭州 Hangzhou 南京 Nanjing 福州 Fuzhou 广州 Guangzhou 天津 Tianjin 石家庄 Shijiazhuang 沈阳 Shenyang 长春 Changchun 济南 Jinan 银川 Yinchuan 乌鲁木齐 Wulumuqi

Dealer network focuses on major urban areas with 16 dealerships open to date

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Today’s topics

▪ Company overview ▪ China market update ▪ Qoros 3 sedan ▪ Launch campaign ▪ Future growth

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We will launch two more vehicles in 2014: CF14 and 14K

Sedan Hatchback Crossover/SUV Wagon BF14 BF11 BF16 CF14 CF11 CF14K CF16/ ERA CF16L CF18 CF18K DF11 DF18 DF18K B C D

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