SUMMARY TERM SHEET The information contained in this sununary term sheet is a summary only and is not meant to be a substitute for die nwre detailed description and information contained in this Offer to Purchase (the "Offer to Purchase"). the related Letter of Transmittal (the "Letter of Transmittal"), and other related materials. You are urged to read carefully the Offer to Purchase, the Letter of Transmittal, and other related materials in their entirety. which. as each may be amended or supplemented from time to time, we collectively refer to as the "Offer." Purchaser has included cross-references in this summary term sheet to other sections of the Offer to Purchase where you will find more complete descriptions of the topics mentioned below. The information concerning Mobileye N.V,. a public limited liability company (naamloze vennootschap) organized under the laws of The Netherlands registered with the trade register in The Netherlands under file number 34158597 ("Mobileve"), contained herein and elsewhere in the Offer to Purchase has been provided to Purchaser (as defined below) ln• Mobileye or has been taken front or is based upon publicly available documents or records of Mobileye on fde with the United States Securities and Exchange Commission (the "SEC"l or other public sources at the time of the Offer and Purchaser has not independently verified the accuracy and completeness of such information. Securities Sought All outstanding ordinary shares, nominal value E0.01 per share, of Mobileye (the "Shares"). Price Offered Per Share $63.54 per Share, less any applicable withholding taxes and without interest, to the holders thereof and payable in cash (the "Offer Consideration"). Scheduled Expiration of Offer 5:00 p.m.. New York City time, on June 21, 2017, unless the Offer is extended or earlier terminated (the "Expiration Time•'). See Section I — "Terms of the Offer." Purchaser Cyclops Holdings. LLC, a Delaware limited liability comp