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Creatingagloballeaderininnovativecellularcommunicationsystems

WWW.SIYATAMOBILE.COM WWW.UNIDENCELLULAR.CA

INVESTORPRESENTATION

February2017

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DISCLAIMERThis presentation is not an offering of securities or an offering memorandum. Any offering of securities can onlybe made in compliance with applicable securities laws.

This presentation contains confidential and proprietary information and is the sole property of Siyata Mobile (the“Company”). This presentation and its contents may not be reproduced, in whole or in part, or distributed to anythird parties without prior written approval of Siyata Mobile.

This presentation may include forward-looking statements that are subject to risks and uncertainties. Allstatements within, other than statements of historical fact, are to be considered forward looking. Although theCompany believes the expectations expressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performance and actual results or developments maydiffer materially from those in forward-looking statements. Factors that could cause actual results to differmaterially from those in forward-looking statements include market prices, the ability of the Company to protectits intellectual property rights, the Company’s ability to retain customers, the Company’s ability to developtechnologies, continued availability of capital and financing, and general economic, market or businessconditions. There can be no assurances that such statements will prove accurate and, therefore, readers areadvised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update anyforward-looking statements except as required under the applicable laws.

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ABOUTSIYATASiyata Mobiledevelopsandsellsadvancedmobilecommunicationdevicesandmobileinfrastructuresystemsforbusinessesandconsumers

Weaimtoprovidethehighestqualityandmost technologically advancedmobilecommunicationdevicesforglobal corporateworkforces,fleets,homesandbuildings

Tobethedominantglobalplayerininnovativemobileproducts&systems

OBJECTIVE

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SIYATAOVERVIEW• Establishedin2011asTruckfone Inc.throughaspinoff/carveoutofAccel Telecom'sfleetdivision

• Servesthe“mobileconnectedvehicle”market,ahighgrowthsegmentpreviouslydominatedbyMotorolabutunderservedsinceMotorolawasacquiredbyGoogleinAugust2011

• Developedandlaunchedtheworld’sfirstcellular3Gfixedvehiclephonein2012andtheworldsfirst3Gvehiclesmartphonein2014

• NowheadquarteredinMontrealwithR&DandsalesofficeinTel-Aviv

• PubliclytradedontheCanadianTSXVentureexchangeonJuly27,2015underthetickersymbolSIM-V

• MajorshareholdersincludeAccel TelecomIsrael(48%)andShamrockIsraelGrowthFund(8%),aprivateequityfundaffiliatedwithRoyE.Disneyfamily

• AcquiredSignifi MobileinJune2016,acellularsignalboostermanufacturerinNorthAmericaandsecuredalicensingdealfortheUniden brandinSeptember2016

• StrongrevenuebaseinIsraelandagrowingmarketpresenceinNorthAmericaviarecentacquisitionandlicensingopportunities

• GlobalsalespresenceinNorthAmerica,EuropeandtheMiddleEast

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CORPORATESTRUCTURE

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Average Daily Volume: 122,069 (last 30 days)

Note: Market data as of February 1, 2016

MajorShareholders

Accel Telecom 33.3M48%

ShamrockIsraelGrowthFund 5.7M8%

CapitalizationStockPrice $0.40

CommonSharesOutstanding 69.3M

Warrants@$0.55StrikePrice 15.5M

Options@$0.31StrikePrice 7.1M

FullyDilutedSharesOutstanding 91.9M

MarketCapitalization $27.7M

Debt $250K

EnterpriseValue $23.7M

WorkingCapital $4.0M

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GPS Antenna GSM Antenna RSMMic SOS

UCP200:OURFLAGSHIPDEVICEWorld’s first integrated and dedicated 3G smartphone for commercial vehicles, trucks and fleets – introducing the next generation of Land Mobile Radio(1)

UCP200 is hardwired to the vehicle’s battery and additional attachments including an external antenna and in-vehicle microphone to provide unprecedented performance and functionality:

Attachment options:

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(1) Land Mobile Radio has long been the preferred communication network for a variety of industries that dispatch vehicle fleets or have mobile workforces

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REMOVINGTHECLUTTER

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CorporatePhoneforVoiceCommunication

CANbus BlackBox

FleetManagementTool

SecondPersonalPhone

LandMobileRadio(LMR/PTT)

NavigationSystem

UCP200 is the only in-vehicle all-in-one cellular based platform for voice, data, fleet management, PTT, applications and more

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Invehicleechoandsoundqualityproblems

Extremetemperaturesimpactingdeviceandscreen

Engineandroadnoises

Voltagedropsinvehiclebattery

Externalcellularantennacompatibility

PROBLEMSWESOLVE

Siyata Mobilehassubstantialexpertiseindevelopingcellularconnected-vehicledevicesforglobalcustomerswhichisaneffectivebarriertoentryintothismarket

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PRODUCTPORTFOLIO

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CellularBoosters

Signalboostersthatsignificantlyincreasecellularcoverageinboth

commercialandresidentialbuildingsandhomes

$400- $1000

CommercialVehicleCommunications

Permanentlyinstalledin-vehicledeviceforbest-in-classcommunicationsacross

commercialvehiclesandfleets

$600- $800

Uniden UCP100/200

RuggedMobilePhones

Androidbased,multi-purposeruggedmobilephonesforon-the-goworkersandoutdoorusers

$300

Uniden U620

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In-buildingcoverage

In-buildingcoverage

Mobilecoverage

INNOVATIVEINDOORCELLULARCOVERAGE

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Say goodbye to dropped calls -Uniden Cellular Booster kits extend the reach of cellular and non-cellular networks

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LEGACYSOLUTIONSBECOMINGOBSOLETEMajority of vehicle mounted cellular devices fall into two categories:

2GNetworks(iDEN,GSMandCDMA)

LMR(Two-WayRadio)

• 2Gnetworkfrequenciesareoutdatedandbeingreplacedby3G/4Gsolutions

• Telus andSprint,thetwomainiDEN operatorsinNorthAmericaarecurrentlyintheprocessofshuttingdowntheiriDEN networks

• Maintenancecostsarehighandthenumberofavailablehandsetsaredecliningeachyear

• LMRtwo-wayradiosystemsarecostlyforoperatorstoimplementandmaintain

• Rangeremainslimitedandserviceinaccessibleinrural/remoteareas

• Lackofadditionalfeaturesarecreatingadditionalproblemsforbusinesseseachyear

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MARKETOPPORTUNITY:US&CANADA

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Motorola2G Upgrade~$150M

TAM

~500K

~$300

Devices installed that need to be swapped out as networks

get shut down

Per Phone

Commercial Vehicles

~$5.5BTAM

~15M

~$500

US commercial vehicles with 2-way radios that need push-to-

talk compatible devices

Per Phone

Rugged Handsets~$1.7B

TAM

~5.6M

~$300

Rugged handsets with PoCcapability by 2019

Per Handset

• VeryfewcompetitorsinNorthAmerica• Multiplecellularoperators,over50dealersandleadingretailersofferingSiyata’sproductsbothinNorthAmericaandglobally

Signal Boosters~$30B

TAM

~75M

~$400

Homes, commercial buildings and fleets in with poor cell

coverage or requiring boosters

Per Booster

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CUSTOMERS

• ~70%ofrevenuescurrentlyfromIsraeland~30%fromNAwithastableandgrowingcustomerbase

• StrategicfocusongrowingNorthAmericanbusinesswithanewUniden brandandin-vehicledevices

• SellingthroughNorthAmericanmobileoperatorswouldquicklyreducegeographicconcentrationofrevenues

Uniden’s mobile communication devices can serve any industry that dispatches vehicle fleets or have mobile workforces

Public Safety Natural Resources Construction Transportation & Delivery

Geographies:Distribution:

• MajorityofsalesthroughdistributorsinNorthAmerica,Europe,andMiddleEast

• RecentlypartneredwithHotMobile,aIsraelimobileoperator,toselltheU620andUCP200

• StrongpushtowardspartneringwithNorthAmericanoperatorsforexclusivehighvolumedistribution

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UNIDENOVERVIEW

• Uniden is a Japanese manufacturer of wireless communications equipment and a pioneer of Citizens Band (CB)radios and cordless telephones

• The company was founded in 1966 and became a well-known brand by the 1970s via industry leading CB radios• By the 1980s, Uniden had become the world’s largest manufacturer of cordless telephones in additional to

television satellite equipment, mobile radios, and radio scanners• Today, Uniden’s brand continues to have strong recognition in the two way radio space and has become a

prominent contract manufacturer for leading cordless phone brands globally• Uniden operates globally, but its main commercial activities are situated in the United States and the company

does not have a strong sales presence in Canada• Uniden trades on the Tokyo Stock Exchange (TSE:6815)

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LegacyProducts(1970s– 1980s) CurrentProductLine

XE 200, 400, 600

PC 33, 55

Siyata acquired Signifi in June 2016 and thereafter rebranded its cellular signalboosters and all phones to Uniden in North America

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PUSH-TO-TALK(PTT)OVERCELLULAR(POC)

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U620UCP200

PTTenabledcellulardevicesisthenewstandardforinstantcommunications:

• Carrier-integratedserviceprovidesthehighestlongrangenetworkreliability

• Sub-secondcallperformance• Superiordeviceandapplicationfeatures• Highestaudioqualityavailable

TheNextGenerationforLandMobileRadio:

Carrier-basedPoC Solution

LandMobileRadioSystems

HandsetOSsupported AllOS types Proprietary

Contactmgmt.

Autopairing

1:1calls&groupcalls

Adhocgroupcall

APIfor3rd-partyapps

Latejoincapability Somesystems

Multimedia msgs. Limited

LocationTracking

Security AES256andFIPS140-2Level1

Variesgreatlyacrosssystems

LMR/cellularinteroperability

Withseparateequipment

Source: Frost & Sullivan, Push-to-talk Over CellularOn-The-GoIn-Vehicle

Launched in 2016 through two new devices – UCP 200 & U620

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COMPETITION

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RUGGEDDEVICES• Over1mmruggedcellulardevicessoldinNorthAmericaannuallydividedintolifestyledevicesforoutdoors,camping,bikingandmoresoldviaretailchainsvs.professionaldeviceswithPTTcapabilitiesforcorporatecustomerssoldviacellularoperators&dealers.

• MaincompetitorsincludeSonim,Kyocera,CATandSamsungruggeddevices.• Bothretailersandcellularprovidersneedcosteffective,highqualityruggeddevices.• Strongbrandimportantforimmediatemarketpenetrationwhichwilladdvaluebothintheconsumer&professionalmarkets.

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BestPrice/

Performanceforboth

Retailersandcellularoperators

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RUGGEDDEVICESRuggedizeddevicesaredesignedtoprotectmobiledevicesfromextremephysicaldamagethatwillinevitablyoccurattheworkplaceforpublicsafety,construction,andtransportationverticals

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• DevicesaredesignedwithmobileworkforcesinmindtoincorporateuniquefeaturessuchasadedicatedPTTbutton

• Singledevicetypeissimpletoimplementforenterprisecustomersandeasytoprovidesupportandmaintenance

• Abletorolloutdeviceswithnichehardwarefunctionality(e.g.specializedradiofrequencies)

• Onesetofaccessoriesthatareguaranteedcompatiblewithexistingworkplaceinfrastructure

• IntegratedwithleadingPTTsoftwaresolutions(KodiakandMobileRadio)

• Strongsecurityfeatures

RuggedizedEnterpriseDevices BYOD+RuggedizedCase

$300 $50

• Lowerinitialcostforenterprisesduetoemployeessubsidizingdevicecosts

• Lowerreplacementcostsintheeventthattheruggedizedcaseisdamaged

• ChallengingtoimplementandhighlongtermcostsduetothebroadITexpertiserequiredtoadminister,maintainandsupportthewiderangeofconsumerdevices

• Manymodelsrequireuniqueaccessoriesthatareincompatiblewithexistingworkplaceinfrastructure

VS

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SELECTDISTRIBUTORS&PARTNERS

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8.450.245

2.070253.1362525.0%

2012 2013 2014 2015 2016EYoYRevenueGrowth n/a 27.0% 50.2% 34.5% 26.1%GrossMargin% 17.7% 21.1% 23.7% 20.6%EBITMargin% (2.1%) (1.4%) 1.7% (9.4%)

$3,864$4,908

$7,370

$9,914

$12,500

FINANCIALPERFORMANCE

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Ann

ual R

even

ue($

thou

sand

s)

Note: Q4 2016 financials may change subject to auditor review

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OPERATINGTARGETS

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Maintain30%OrganicRevenueGrowthEmphasisoncommercialvehiclesolutionsinNorthAmerica

IncreaseOperatingScaleThroughStrategicAcquisitionsSeekingtoacquiresimilarproductswithcross-sellingopportunities

AchieveIndustryLeadingProfitability30%GrossMarginsand10%EBITDAMargins

$50M+Revenueby2020

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MANAGEMENT

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Marc Seelenfreund – CEO & Board Member

Gerald Bernstien – CFO

• Founder and CEO of Siyata as well as the founder of Accel Telecom, the parent company of Siyata, an Israel based company thatspecializes in importing and distributing innovative cellular and IP devices to fixed line operators and mobile providers within Israel

• Prior to establishing Accel, Mr. Seelenfreund was a VP at Sunrise Corporation in New York focusing on financing publicly tradedtechnology companies

• Mr. Seelenfreund has a law degree from Bar Ilan University, is a board member at Israel's leading private university Ono and hasserved as an Officer in the Israel Defense Forces

• Mr. Bernstein spend 20 years focusing on private equity financing and tax efficient corporate structuring in multi-jurisdictional arenas• Mr. Bernstein holds a Bachelor of Commerce as well as a Graduate Diploma in Public Accountancy- both from McGill University• Member of the Canadian Institute of Chartered Accountants since 1987 and a professional chartered accountant

Glenn Kennedy – VP Sales• Mr. Kennedy has over 25 years of sales experience in the telecommunications industry• Prior to joining Siyata in 2016, Mr. Kennedy has managed sales nationally for Motorola Canada, HTC Communications Canada and

Sonim Technologies• Mr. Kennedy holds an Bachelor of Arts in Honors Business Administration from the Richard Ivey School of Business at the University of

Western Ontario

Gidi Bracha – VP Technology• Mr. Bracha has served as Vice President of Technology since 2011 and has spearheaded the development of both the Truckfone and

the Voyager• Served in various key positions at Cellcom, Israel’s leading cellular provider, including Head of Car Mobility Products and Director of

Type Approvals• Mr. Bracha served as an engineer technician in the Anti-Aircraft division of the air force in the IDF and holds a BA in Engineering and

Business Management from the University of Derby

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BOARDOFDIRECTORS

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GilGurfinkel,ChairmanoftheBoard• VicePresidentatShamrockIsraelGrowthFundandhasabackgroundinprivateequity,businessstrategyandmanagementconsulting.• ChairmanandboardmemberonanumberofIsraeliandInternationalcompanies• Mr.Gurfinkel holdsaB.Sc inIndustrialandManagementEngineeringfromtheTechnion,theIsraelInstituteofTechnologyandanMBA

fromtheRecanati BusinessSchoolatTelAvivUniversity

StephenOspalak,BoardMember• Over20yearsintelecom,currentlySVPMarketing&OperationsatBMGInc.• Served asinterimCEOforAiTelecom;GlobalIntegrationOfficerforVirginManagementInc.;CanadianVP&BoardAdvisorforBrightstar,

andasSVPOperationsatIusacell• ServedasVPofProducts&ServicesatTelus CommunicationsInc. responsibleforanannualspend>$US1billioninwireless&wireline

equipment• LedtheplanningandexecutionofClearnet’s marketdebutandnationwidelaunchoftheiDEN andPCSCellularservices,settingtheNorth

AmericanPCSlaunchrecord.• HeldmanagementpositionsatAT&T

MichaelKron,BoardMember• Over20yearsofexperienceininvestmentandcorporatefinance,currentlyChairmanandCFOatAnywhereCommerce Inc.• Co-foundedZellersOpticalCentersandplayedakeyroleinthesaletoNationalVisionAssociatesofAtlanta• Co-founderandCFOofMiazzi VentureswherehefoundedMamma.comInc.andlatersoldtoIntasys Corporationata$44Mvaluation.• Mr.Kron holdsaBcomm fromConcordiaUniversityaswellasaGraduateDiplomainPublicAccountancyfromMcGillUniversity.Hehas

beenamemberoftheCanadianInstituteofCharteredAccountantssince1987

BrianBudd,BoardMember• Extensivemanagementandcorporatedevelopmentbackgroundwithover25yearsofentrepreneurialandsalesleadershipexperiencein

thehightechandresourceindustries• Mr.Buddservedasadirectorofsalesforamulti-billiondollarsoftwarecompanysellingintotheFortune500.Heexcelsintheareasof

penetratingnewmarkets,hiringanddevelopingsalesteams,implementingsalestechniquesandstrategiesandbuildingpipeline• Responsiblefordeliveringforecastedrevenuecontributing$250Minsalesoverhistenureandgrowingthebusinessyearoveryear

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INVESTMENTHIGHLIGHTSTrackRecordofDoubleDigitSalesGrowth- ProvenMarketPenetration•Compoundedannualsalesgrowthof37%from2013– 2015

Signifi MobileAcquisitionandRebrandingviaUniden®LicensingIncreasesRevenue,MarginsandNorthAmericanPresence•Strongbrandrecognition

PotentialRecurringRevenuefromPartnershipswithThirdPartyAppsLookingtoEntertheFleetMarket•150,000+installedcustomerbasetoleverage

DistributionandSaleswithMajorCellularOperatorsandLeadingRetailers•TELUS,Bell,Costco,BestBuy,TheSource,Amazon,andmore

$8.6MinEquity,$4MinWorkingCapital,MinimalDebtof$250K•Accel Telecom/Shamrock56%Shareholder

PortfolioofnewLTEproductscomingin2017

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ArlenHansen, PRESIDENTSIM@kincommunications.com

KINCOMMUNICATIONSSuite100– 736GranvilleSt.Vancouver,BCV6Z1G3

1(866)684-6730www.KINCOMMUNICATIONS.com

INVESTORRELATIONS

MarcSeelenfreund,CEOmarc@siyatamobile.com

CONTACT

SIGNIFIMOBILESuiteA-414– 1001LenoirSt.Montreal,QCH4C2Z6

1(800)215-7015www.UNIDENCELLULAR.ca

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CREATINGAGLOBALTELECOMLEADER

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