NAVYA Signs a Memorandum of Understanding With the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia

NAVYA (FR0013018041- Navya), a leader in the field of autonomous mobility
systems, has signed at the French Ministry of Transport in Paris an
agreement with the Ministry of Transport and Logistic Services of the
Kingdom of Saudi Arabia to support the implementation of autonomous vehicles
in the Kingdom of Saudi Arabia.

The projects relate to the deployment of self-driving electric and shared
shuttles for the transportation of people, together with the deployment of
electric tow tractors for the transportation of goods at airports and
industrial sites.

Under the patronage of Jean-Baptiste Djebbari, French Minister of Transport,
H.E. Engineer Saleh bin Nasser Al-Jasser, Saudi Minister of Transport and
Logistic Services, and Sophie Desormière, CEO of NAVYA, met in Paris for the
official signing of the agreement.

The agreement aims at implementing pilot projects, validating use-cases,
defining regulation, and building up local competencies in order to prepare
and speed up the large-scale deployment of fleets of level 4 autonomous
vehicles over the whole of the Arabian Peninsula. It will support the
Kingdom of Saudi Arabia, which is already a smart cities pioneer, to become
one of the first markets in the world to deploy large shuttle fleets on its
territory.

The carbon-free, shared fleets will play an essential role in the building
of cities of the future, providing clean air and a better quality of life,
in accordance with the Kingdom of Saudi Arabia’s “Vision 2030”.

NAVYA’s share of the autonomous mobility market for people already stands at
75% in the GCC countries, including 6 shuttles in operation in the Kingdom
of Saudi Arabia. This strongly contribute to the company’s global leadership
position with 200 shuttles sold across the world.

The final agreement, together with the support provided by the Kingdom of
Saudi Arabia, will enable NAVYA to take its research and development to a
higher level with the development of new first and last mile use cases in
town centers, smart cities, airports, theme parks and industrial sites.

Jean-Baptiste Djebbari, French Minister of Transports, stated: “NAVYA is a
pioneer in autonomous electrical road shuttles, bringing sustainable and
high quality services to people and communities all over the world.
Autonomous mobility is beginning to scale and will be a game changer in
public transportation, with more services, comfort and safety for smart
cities and less dense areas. I am particularly enthusiast about the
reinforced collaboration between NAVYA and the Ministry of Transport and
Logistic Services of the Kingdom of Saudi Arabia, and look forward to seeing
the concrete projects that will result from this agreement.”

Dr. Mansour Alturki, Deputy Minister of Planning & Information, commented:
“Signing the MoU represent another testimony for the depth of the
Saudi-French collaboration in the Transport and logistics sector. The
Ministry of Transport and Logistic Services has a commitment to enable the
adoption of new mobility and technologies across all modes, as part the
Sector National Strategy to be a futuristic sector and a model of seamless
mobility. Such a collaboration with NAVYA, will allow for leading companies
to support Saudi in ensuring the right and timely regulatory frame works are
in place to allow for wide-scale adoption in the future and early piloting
of autonomous and connected transportation across the Kingdom. Which will be
essential to drive investments in the Saudi Transport and Logistics sector
in new technologies, and improve the quality of the mobility in Saudi
cities.”

Sophie Desormière, CEO of NAVYA took the opportunity of the signing of the
agreement to state: “We look forward to the start of a fruitful
collaboration with the Kingdom of Saudi Arabia to speed up the deployment of
new fleets for people and goods and to contribute to the building of an
autonomous and shared future. Ecological and connected transportation will
not only advance mobility, but also benefit the whole community. The
agreement will bring us closer to achieving our vision of the mobility of
the future on a large scale.”

About NAVYA

Created in 2014, NAVYA is a leading French name specialized in the supply of
autonomous mobility systems and associated services. With 280 employees in
France (Paris and Lyon), in the United States (Michigan) and in Singapore,
NAVYA aims at becoming the leading player in Level 4 autonomous mobility
systems for passenger and goods transport. Since 2015, NAVYA has been the
first to market and put into service autonomous mobility solutions. The
Autonom® Shuttle, main development axis, is dedicated to passenger
transport. Since its launch, more than 200 units have been sold in 25
countries as of 31 December 2021. The Autonom® Tract is designed to goods
transport. Engaged in an ambitious CSR approach, the Company has an active
policy in this area, as illustrated by the obtaining of the ISO 9001
certification in September 2021. The Valeo and Keolis groups are among
NAVYA’s historical shareholders.

NAVYA is listed on the Euronext regulated market in Paris (ISIN code:
FR0013018041- Navya).

For more information visit: www.navya.tech