OTC: CHEV

On April 24, 2021, Charging Robotics invested $250,000 and purchased
19.99% of the share capital of Revoltz Ltd. (“Revoltz”), an Israeli private company focusing on research, development and
production of micro-mobility vehicles for the urban environment for the business and the private markets. On June 24, 2025, Charging Robotics
entered into a securities exchange agreement (the “Exchange Agreement”) with Revoltz, and three shareholders of Revoltz (the
“Revoltz Shareholders”), pursuant to which Charging Robotics issued to the Revoltz Shareholders an aggregate of 12.3% of
its issued and outstanding capital stock on a pro rata and post-closing basis, equal to 1,385,002 shares of Charging Robotics’s
common stock, in exchange for 32.74% of Revoltz’s issued and outstanding share capital on a fully diluted and post-closing basis,
equal to 37,476 Revoltz ordinary shares (the “Acquisition”). The Acquisition closed on June 26, 2025 and resulted in Revoltz
becoming a majority-owned subsidiary of Charging Robotics. Revoltz was consolidated into Charging Robotics’s financial statements
as of June 24, 2025.

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On
March 27, 2024, Revoltz announced a $2.7 million exclusive distribution agreement with the completion of the first batch production of
50 PORTO Micro-Mobility EVs for the last-mile delivery market. Completing the production is a significant step in Revoltz’s preparation
for its first shipment in accordance with the distribution agreement it signed this past year. On April 10, 2025, Revoltz announced the
official launch of its commercial phase in Israel for the PORTO EV by delivering the first 50 units to its exclusive distributor in Israel,
initiating sales operations across key urban centers. Also in April 2025, Revoltz secured its first institutional client for the PORTO
EV, a prominent logistics provider that will integrate PORTO EVs into its urban delivery fleet, and also installed a system for wireless
charging of electric vehicles with a leading supplier of robotic parking facilities, which is intended to be used for charging EVs while
reporting charge data to the cloud and managing the charging process based on available electricity and customer needs.

Revoltz
has made significant strides in the EV industry with the launch of PORTO, which provides a seamless blend of functionality, sturdy design,
and agility, designed specifically for the growing last-mile delivery market. The PORTO vehicle, capable of 100 km with a delivery payload
of 250L on a single charge, offers a similar payload capacity to a small hatchback car, at a fraction of the cost and with the ability
to maneuver in tight urban environments. PORTO uses an advanced tilting suspension mechanism, ensuring best-in-class stability,
even bearing a full load. With high volume loading spaces integrated over both axles, the cargo weight is distributed evenly, making
for a safe and confident ride with unmatched vehicle dimensions.

The
EV Market

The
EV market is growing globally, due to favorable government policies and support (e.g., subsidies and grants), growing sensitivity toward
a cleaner environment and demand for zero-emission vehicles, and resulting heavy investments in R&D from vehicle manufacturers. EV
market growth requires charging infrastructure to grow as well. EV chargers are used to provide charging to EVs with a battery and the
electrical source that helps to charge the battery. Currently the most common and leading solution are charging cables. Under a scenario
where EV will hit 30% market share by 2030, the International Energy Agency forecasts that as many as 30 million public chargers would
be needed to serve regular passenger vehicles – a number 50 times more than today’s installation-based vehicles.

We
aim to become world’s first wireless charging solution that is set on an autonomous robot, for seamless charging experience. Our
growth strategy is to primarily focus on public parking lots. Later in our growth strategy we aim to address private mass markets. In
addition to entering markets with our technology, we aim to expand our development, design, and manufacturing capabilities.

Industry
Overview and Market Challenges

After
entering commercial markets in the first half of the decade, EV sales have soared to 7.2M vehicles in 2019, surpassing 2018 – already
a record year. According to updated forecast reports from Statista, the unit sales of the EV market are anticipated to reach 18.84m vehicles
units by 2029.

In
2025, the revenue in the Electric Vehicles market is projected to reach a staggering US$828.6bn worldwide. Looking ahead, it is expected
that the market will demonstrate a steady compounded annual growth rate (CAGR) of 6.95% from 2025-2029, and according to some research
entities, developing public charging infrastructures to meet the demand is a key challenge to the EV industry.

The
lack of sufficient charging stations, particularly in rural and suburban areas, continues to challenge EV adoption. According to an ongoing
study by the California Energy Commission and the University of California Davis, almost 30% of EV charge attempts have failed for reasons
such as charger congestion, damaged chargers, and difficulty locating the charging stations. While urban centers see improvements,
the industry needs widespread infrastructure to provide convenient charging options.

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Some
countries are also taking major actions to face the challenge of EV charging. By way of example, the U.S. Bipartisan Infrastructure Law passed
in November 2021, and includes a budget of $7.2 billion, designated solely to EV charging infrastructure.

Currently,
the main charging solution that is adopted globally is cable charging. But this is about to change. Wireless charging technology for
the automotive industry is expected to be the fastest growing segment of the wireless charging solutions entire market by the year 2027.

The
automotive wireless charging market is highly driven by an increase in sales of EVs and their demand for the safer, convenient, and faster
wireless charging system compared to cables.

According
to recent research companies, the global wireless EV charging market is expected to reach some 568 billion U.S. dollars by 2030. According
to this source wireless recharging is currently not faster, but it may be more accessible. Inductive chargers use electromagnetic oscillations
to efficiently produce electric current that recharges a battery, without the need to plug in any wires.

EV
charging, which will eventually replace the traditional method of connecting the car to a power source. EVs may eventually be able to
function similarly to conventional internal combustion engine (ICE) vehicles thanks to wireless or inductive charging.

The
market is anticipated to be driven by increasing EV demand, wireless technology R&D, and the implementation of fast-charging infrastructure.

Our
Solution

Our
current product which was pilot tested with an APS supplier in Israel is a system that wirelessly charges EVs in APSs. Upon arrival at
the APS, the driver parks the EV on a plate used by the APS to transport the EV to the final parking location. The EV remains on the
plate until it is retrieved by the APS and the driver enters the EV departs. When a driver parks an EV on these chagrining plates, they
connect a regular charging cable to a socket installed on the plate, at which point the plate moves through the APS via conveyors and
elevators to the parking location. Our system is installed in two parts. The electricity receiving component is installed on the plate
and consists of a receiving coil and supporting electronics and a socket where the driver connects a cable to the charging socket of
the EV. The system’s transmitting component is installed in the APS facility and consists of a transmitting coil and the supporting
electronics. As the driver parks the EV and connects the cable from the plate to the EV, he initiates that charging using our mobile
application. Once initiated, the system goes into standby mode. Upon the plate arriving at its final parking location, charging of the
EV begins. When the plate and EV are in the final parking position, the transmitting coil and the receiving coil are in proximity and
by way of electromagnetic induction, electricity passes from the stationary part (transmitting) of the system to the moving (receiving)
part of the system. This enables the charging of EVs in places where drivers can not enter and manually connect a plug.

Although
we have decided to currently focus on the solution for APSs, longer term future products will include the robotic solutions on which
the Company was founded. We have succeeded in developing a tethered robotic solution. This robot was intended to charge an EV of a disabled
driver and offer an automatic method for wireless charging of EVs. This solution will offer a big benefit for disabled drivers who have
difficulty using a regular plug-and-cable-based charger. For these drivers, it is merely impossible to exit the EV, go to the charger,
take the cable and connect the plug to the EV. Using our solution, charging will be performed automatically using the tethered robot.
As the driver parks the EV, that robot will recognize the EV and will automatically navigate under the EV and charge it wirelessly. For
this we have developed a patent-pending technology to navigate to the EV using data obtained by lidar (laser-based) sensors viewing only
the EV’s wheels.

Competition

Wireless
charging solutions that are currently being developed are usually in the form of a pad or surface. Companies developing such technology
include Robert Bosch GmbH (Germany), Continental AG (Germany), WiTricity Corporation (U.S.), ZTE Corporation (China), and HELLA KGaA
Hueck & Co. (Germany), Qualcomm Technologies Inc./WiTricity Corporation, to name a few.

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Below
is a competitive analysis of our solution in comparison to other EV charging technologies, either existing or currently in development.
Analysis is based on the Company’s best knowledge and understating.

Strategy
and Business Model

Our
goal is to become a global leader in EV wireless charging by providing efficient, effortless, affordable, and scalable solutions. We
intend to achieve our goal by implementing the following strategies:

B2B
channel as a market penetration. Our go-to-market strategy is based on offering our solutions on a B2B basis. We intend
to market our solution to owners and/or operators of public parking spaces of many varieties, such as shopping malls, office buildings,
entertainment centers, hospitals, sports centers etc.

Variety
of business models. The Company will sell three different products, each utilizing different business models:

1.
EV
Wireless Charging System. These systems will be used to charge vehicles in APSs. These systems will be sold to the end-user as
capital equipment with payment at the installation of the system and recurring revenues for services after the warranty period has
concluded.

2.
Software
as a Service (SaaS). The user interface that is used to operate our system is developed in cooperation with Make My Day (a company
specializing in app development for EV fleet management). This user interface is used by the driver to get recommendations for a
driving route that optimizes EV electricity consumption, and also has functions which assist the driver in utilizing our system upon
arrival to an APS. Based on the benefits that this solution provides drivers, we intend to monetize it to generate another revenue
stream by way of subscription fees and/or advertisements once we’ve sufficiently scaled to reach a wider driver audience.

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3.
Electricity
for Charging. We may offer a service of EV charging using our proprietary wireless charging system. We will offer the
driver a service that ensures that their vehicle is always charged when parked over our charger. For this we will install
our systems at the parking facility and we will use them to charge the vehicles. The driver will be offered various plans
for purchasing electricity from us. One option can be a fixed price that ensures the car is always charged, another is an
option to pay for the electricity purchased and many others. For this we will purchase electricity from the power utility
at better rates (due to economies of scale) and we will use our wireless charging systems to sell electricity to the driver at a profit. We
will also be able to install electricity storage system for increasing this profit by purchasing electricity at low rates, storing it
and selling it at peak demand times at a premium. The main benefit of this business model is that it offers a recurring revenue
stream for the company.

We
intend to offer these different types of business models to increase our technology adoption. Such business models are selling robots
to end users, operating the robots and generating revenues from selling electricity, renting robots to end users and charging a subscription
fee for the app used to optimize EV battery usage.

Addressing
niche markets that require alternative to cable charging. Since the foundation of our Company, we came across other potential
niche EV charging markets that are in search for alternatives to traditional cable-based charging. As mentioned above, a prime example
where our solution could make a significant difference for users is with respect to charging stations for handicap people. Our robotic
technology could potentially be a unique and optimal solutions for EV handicap people who struggle with cable charging for their EVs.

Cooperation
with EV charging infrastructure companies and EV manufacturers. Part of our strategy is to establish cooperation or joint
ventures with EV charging infrastructure companies and EV manufacturers. We believe that, with such partnerships, we could work on additional
robotic-based solutions, enhance relevant robot or charging capabilities and create faster go-to-market channels.

Building
a brand. We believe the Company can become a global known brand for robotic charging solutions. We intend to make significant
efforts in growing our brand recognition and building a global market footprint and market position.

Investment
in Electric Micro Delivery Last-Mile Delivery Market

We
are leveraging our unique experience in wireless charging systems for electric vehicles for electric micro vehicles tailored for last-mile
delivery. The electric micro delivery and last-mile delivery market encompasses electric vehicles and related technologies designed to
support the final stage of goods transportation from distribution hubs to end customers, primarily in urban and densely populated areas.
This market includes electric cargo bicycles, scooters, compact electric delivery vehicles, and supporting charging and fleet-management
infrastructure used to transport small parcels and goods over short distances.

Last-mile
vehicles are the critical link in this evolving logistics chain. Unlike long-haul trucks and shipping networks that move goods efficiently
over large distances, last-mile vehicles are specifically optimized for delivery speed, route flexibility, and accessibility in complex
urban landscapes. They include a broad range of form factors—from compact vans and three-wheel electric vehicles to autonomous
ground robots and cargo e-bikes. Their design priorities focus on minimizing operational cost per delivery, reducing traffic footprint,
and navigating narrow streets, residential areas, and high-density population centers with agility and efficiency.

The
demand for innovative last-mile solutions is also driven by sustainability goals. Traditional delivery trucks contribute significantly
to urban congestion, noise pollution, and carbon emissions. With growing regulatory pressure and corporate commitments to environmental
responsibility, logistics providers and retailers alike are investing heavily in electric and zero-emission last-mile fleets. These solutions
not only reduce environmental impact, but also lower fuel and maintenance costs, improve air quality in urban neighborhoods, and align
with municipal policies aimed at curbing emissions from transport sectors.

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This
widespread electrification significantly elevates the importance of automated charging solutions. Automated charging systems—such
as robotic plug-in chargers, wireless charging pads, or fully autonomous docking stations—enable vehicles to recharge with minimal
human intervention, ensuring consistent energy replenishment while reducing downtime and operational complexity.

For
autonomous and semi-autonomous last-mile vehicles, automated charging is not just an efficiency upgrade but a functional requirement.
Vehicles designed to operate continuously across extended delivery windows must be able to return to charging stations, align themselves
precisely, and recharge without human assistance. This capability allows fleet operators to scale deployments, operate around the clock,
and optimize fleet utilization in dense urban environments where space, labor, and time are constrained.

In
this context, automated charging solutions become a critical enabler of the last-mile ecosystem. They support the economic viability
of electric fleets, improve energy management, and integrate seamlessly with digital fleet platforms that schedule charging based on
route planning, battery health, and demand forecasting. As cities push toward zero-emission logistics and delivery volumes continue to
rise, the convergence of electric last-mile vehicles and automated charging infrastructure will play a decisive role in shaping the future
of urban mobility and delivery networks.

By
investing in Revoltz, we see not just an investment in a high demand, fast growing market of small electrical vehicles we also expect
a synergy to happen by providing our charging technology and integrate it as part of the infrastructure that adopts Revoltz vehicles.

As
of March 19, 2026, we hold a 51.07% stake in Revoltz, an innovative hi-tech company developing high-end mini electric vehicles for single-rider
transportation focused on the last-mile delivery market.

On June 24, 2025, Charging Robotics entered into the Exchange Agreement
with Revoltz, and three Revoltz Shareholders, pursuant to which Charging Robotics issued to the Revoltz Shareholders an aggregate of 12.3%
of its issued and outstanding capital stock on a pro rata and post-closing basis, equal to 1,385,002 shares of Charging Robotics’s
common stock, in exchange for 32.74% of Revoltz’s issued and outstanding share capital on a fully diluted and post-closing basis,
equal to 37,476 Revoltz ordinary shares. The Acquisition closed on June 26, 2025 and resulted in Revoltz becoming a majority-owned subsidiary
of Charging Robotics.

According
to Research and Markets, the global electric last-mile delivery market was estimated to be approximately $29.17 billion in 2024 and and
is projected to reach $139.41 billion by 2033, growing at a CAGR of 19.4%, driven by rising e-commerce demand and stringent urban emission
regulations. Demand for electric micro delivery solutions has increased in recent years, driven by the continued growth of e-commerce,
rising consumer expectations for rapid and flexible delivery options, and increasing regulatory and commercial focus on reducing vehicle
emissions, noise, and congestion in urban environments. Electric micro delivery vehicles are generally well-suited for short, high-frequency
delivery routes due to their lower operating costs, reduced environmental impact, and ability to navigate congested city streets more
efficiently than traditional internal combustion engine vehicles.

With
groundbreaking design and engineering, Revoltz is creating high-end, mini electric vehicle’s, that bring innovation and truly elevate
single rider transportation, briding ridge the gap between the traditional automotive world and the emerging style of micro mobility
vehicles. Revoltz’s flagship product, the PORTO EV, is a compact, high-function electric micro-vehicle engineered to support efficient,
sustainable delivery operations in dense urban environments by combining robust cargo capacity, full-day operational range on a single
charge, and agile handling tailored to congested city settings.

In
early 2025, Revoltz received approval from the Israeli Standards Institute to sell and market the PORTO EV micro-vehicle in Israel, enabling
operation without a driver’s license for users aged 16 and over and facilitating broader commercial adoption in urban markets.
Shortly thereafter, the company delivered its first commercial units as part of a multi-year distribution agreement and has since reached
notable sales milestones, including the sale of 30 PORTO EV units to customers in Israel by October 2025. These developments reflect
the company’s transition from product development into active commercial deployment and initial market penetration.

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Revoltz’s
business is concentrated primarily in the Israeli market, where it has secured distribution partnerships and begun scaling operations
with local logistics customers. The company continues to explore opportunities to expand its presence internationally and to serve a
broader range of commercial delivery fleets seeking compact, zero-emission transportation solutions.

Government
Regulation

We
are subject to the same regulations as regular charging stations. Since governments are globally playing a major role in the growth of
the EV Supply Equipment market, as they mandate policies and set targets related to the adoption of EVs and charging infrastructure,
there are markets where more regulation has the potential to positively impact our growth and success. Our automated parking systems
and electric vehicle (“EV”) charging solutions must comply with applicable laws, regulations, standards and permitting requirements
relating to construction, electrical systems, product safety, environmental matters and data protection. Compliance with these requirements
may increase costs, require design or operational modifications and result in delays in project execution or system deployment. We intend
to focus on these markets and countries where we believe regulation could boost adoption of our solution and our sales.

Building,
Zoning and Construction Regulation

The
installation and operation of automated parking systems and EV charging infrastructure are subject to building codes, zoning regulations,
planning laws and permitting requirements that vary by jurisdiction. Projects typically require approvals from local or regional authorities
and may be subject to inspections and ongoing compliance obligations.

Applicable
regulations may impose constraints on system design, structural specifications, accessibility requirements and integration with existing
buildings or infrastructure. Differences in local interpretation or changes in applicable regulations could result in increased costs,
project delays or limitations on deployment.

Electrical,
Grid Connection, Utility Interconnection and Charging Regulation

Our
EV charging solutions and automated parking systems that incorporate charging functionality are subject to electrical safety standards,
grid interconnection requirements and other regulations governing electrical installations. Compliance may require certifications, coordination
with utilities or grid operators and adherence to technical standards applicable to charging equipment and energy usage, such as compliance
with grid codes (voltage stability, frequency tolerance), power quality standards (harmonics, power factor), load management and demand
response capability (in some markets) Regulatory developments relating to EV charging infrastructure, including standards for interoperability,
pricing transparency and consumer protections, could affect system specifications, pricing models or deployment strategies.

Product
Safety and Equipment Regulation

Our
automated parking systems involve mechanical, electrical and software-controlled equipment and are subject to applicable product safety,
machinery and workplace safety regulations. These requirements govern system design, manufacturing, installation, operation and maintenance
such as : Compliance with recognized electrical safety standards (e.g., IEC, UL, EN), protection against overcurrent, short circuits,
ground faults, and overheating, safe enclosure design (ingress protection, insulation, grounding) and certification by accredited testing
laboratories Failure to comply could result in required modifications, operational restrictions, liability exposure or reputational harm.

Environmental
Regulation

Our
operations and installations are subject to environmental laws and regulations relating to construction activities, waste management,
noise and the handling, storage and disposal of certain materials. Compliance with environmental requirements may increase project costs
or affect installation and operating timelines.

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Data
Protectionand Cybersecurity

Our
systems rely on software platforms that collect, transmit and process operational data and, in some cases, personal or vehicle-related
information. We are subject to data protection, privacy and cybersecurity laws in the jurisdictions in which we operate, including requirements
relating to data security, use, retention and cross-border transfers. Cybersecurity incidents or non-compliance with applicable data
protection laws could result in regulatory enforcement, liability, service disruptions and reputational harm.

Permits,
Licenses and Approvals

Certain
aspects of our business may require permits, licenses or approvals to install, operate or maintain automated parking systems or EV charging
infrastructure. Delays in obtaining or renewing such approvals, or changes in regulatory requirements, could adversely affect project
timelines, revenues and customer relationships.

Communication
Protocols & Interoperability

To
ensure chargers can work with different vehicles, networks, and management platforms, regulators and industry bodies require adherence
to standardized communication protocols. These often include: vehicle-to-charger communication standards, charger-to-backend (network)
protocols and roaming and interoperability requirements between charging networks.

Electromagnetic
Compatibility (EMC) & Radio Compliance.

EV
chargers emit electromagnetic signals that can interfere with nearby electronics or communications devices. Regulations in this category
cover limits on electromagnetic emissions, immunity to external electromagnetic interference and certification under EMC directives or
equivalent frameworks

Intellectual
Property

We
currently own several intellectual property (IP) assets, at various stages. In the past we held an exclusive license to some patents
owned by the Ben Guryon University but we terminated this agreement in the last year. The following table summarizes our IP assets as
of the date of this annual report:

Patent
Title or Published Patent Application Title

Jurisdiction

Estimated

Expiration

System
and method for Wireless Vehicle Battery Charging

US

2041

System
and method for Wireless Vehicle Battery Charging

US

2041

Wireless
Charging in Automated Parking Garages

PCT

2042

A
Method for Introducing An Autonomous or Partially Autonomous Robot Under A Parked Vehicle

US
prov.

2043

We
also rely on trade secrets, know-how, and continuous innovation to develop and maintain our competitive position. We cannot be certain
that patents will be granted with respect to any patent applications filed by us in the future, nor can we be assured that any patents
granted to us in the future will be commercially useful in protecting our technology.

Our
success depends, in part, on an IP portfolio that supports future revenue streams and erects barriers to our competitors.

Despite
these measures, any of our IP and proprietary rights could be challenged, invalidated, circumvented, infringed or misappropriated. IP
and proprietary rights may not be sufficient to permit us to take advantage of current market trends or otherwise to provide competitive
one.

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Employees

Currently,
we have two senior management positions (CEO and CFO), who we engage in part-time capacities, including our CEO is engaged via a consulting
agreement. In addition, we have eight (8) employees working for us in full-time and part-time capacities in general and administrative,
financial and accounting and research and development functions. All of these individuals are located in Israel. None of our employees
are represented by labor unions. We believe that we maintain good working relationships with our management and our engineers. As a result
of Charging Robotics being located in Israel, we are subject to certain Israeli labor laws, regulations and national labor court precedent
rulings, as well as certain provisions of collective bargaining agreements applicable to us by virtue of extension orders issued in accordance
with relevant labor laws by the Israeli Ministry of Economy and which apply such agreement provisions to our employees even though they
are not part of a union that has signed a collective bargaining agreement.

All
of our consulting agreements include undertakings by our personnel with respect to confidentiality, non-competition and assignment to
us of IP rights developed in the course of their engagement. Our consulting agreement with our CEO includes provisions with respect to
assignment to us of intellectual property rights developed in the course of employment and confidentiality. The enforceability of such
provisions is subject to Israeli law.

Properties

Our
corporate headquarters are located at 20 Raul Wallenberg Street, Tel Aviv, Israel 6971916, under a lease held by our shareholders, free
of rent to the company.

In
January 2025, the Company rented an office, lab and assembly and integration area in an innovation and startup hub located in “The
Rupin Technological Campus”, approximately 40km north of Tel Aviv. The monthly rental fee is 4,000 NIS (approximately $1,100).
The lease term requires only one month termination notice.

In
September 1, 2025, we started to rent additional office space at Nechoshet 10 St., Tel Aviv, Israel. The monthly rental fee is 13,000
NIS (approximately $3,600 per month). The lease term requires only 2 month termination notice.

Legal
Proceedings

We
are not aware of any pending or threatened legal proceedings involving our Company or its assets.

Company
Information

Our
principal executive offices are located at 20 Raul Wallenberg Street, Tel Aviv, Israel 6971916, and our telephone number is +972-3-717-5777.
Our website address is www.chargingrobotics.com. Any information contained on, or that can be accessed through, our website is
not incorporated by reference into, nor is it in any way a part of, this Annual Report on Form 10-K.

We
use our website (www.chargingrobotics.com) as a channel of distribution of Company information. The information we post through
this channel may be deemed material. Accordingly, investors should monitor our website, in addition to following our press releases,
SEC filings and public conference calls and webcasts. The contents of our website are not, however, a part of this Annual Report on Form
10-K.

Corporate
History

Charging
Robotics Inc. (was incorporated in the State of Delaware on March 25, 2008, as Silver Hill Management Services, Inc. On August 24, 2011,
the Company amended its Certificate of Incorporation and changed its name to Fuel Doctor Holdings, Inc., and on April 23, 2024, the Company
changed its name to Charging Robotics Inc.

CR
Israel was formed in February 2021, as an Israeli corporation, with the main goal of developing an innovative wireless electric vehicles
(EV) charging technology. At the heart of the technology is a wireless power transfer module that uses resonance coils to transfer electricity
wirelessly. This module can be used for various products such as robotic and stationary platforms. The robotic platform includes a component
which is small enough to fit under the vehicle, and which automatically positions itself for maximum-efficiency charging, and upon charging
completion automatically returns to its docking station. CR Israel also developed a Wireless EV Charging System for automatic parking
lots based on our wireless electricity transfer module.

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On
March 28, 2023, the Company entered into a Securities Exchange Agreement (the “Acquisition Agreement”) with the stockholders
of CR Israel. Pursuant to the Acquisition Agreement, at the closing, which occurred on April 7, 2023 (the “Closing”), the
Company acquired 100% of the issued and outstanding stock of CR Israel (the “Acquisition”), making CR Israel a wholly owned
subsidiary of the Company, in exchange for the issuance of a total of 6,146,188 newly-issued shares of the Company’s common
stock to the former shareholders of CR Israel.

On
April 6, 2023, the Company issued a total of 910,000 newly issued shares of common stock of the Company, par value $0.0001 per share,
in respect of a private placement for total proceeds of $501 thousand.

On
August 28, 2023, the Company filed an amended and restated certificate of incorporation (the “Amended and Restated Certificate
of Incorporation”), to (i) change its name to Charging Robotics Inc. (the “Name Change”); and (ii) effect a one-for-one
hundred fifty reverse stock split (the “Reverse Stock Split”) of its outstanding shares of common stock. Also on August 28,
2023, the Company submitted an Issuer Company-Related Action Notification Form to the Financial Industry Regulatory Authority, Inc. (“FINRA”)
regarding the Name Change and Reverse Stock Split. On April 23, 2024, the Company received notice from FINRA that the Name Change and
the Reverse Stock Split was announced on FINRA’s daily list and would take effect at market open on the Market Effective Date.
Accordingly, the FINRA corporate action to effect the Name Change and the Reverse Stock Split was completed on April 23, 2024.

On
November 22, 2023, the Company announced that CR Israel received approval for funding from the Israel Innovation Authority (the “IIA”)
for a pilot project to include installing and demonstrating its solution for wireless charging of electric vehicles (EVs) in automated
parking systems (“APS”). The total approved budget for this project was approximately $445 thousand, of which the IIA would
finance 50%. The Company is now engaged in the pilot project to implement the solution in an APS in Tel Aviv. As of December 31, 2024,
CR Israel received a total of $136 thousand from the IIA.

On
December 2, 2024, the Inc. filed another amended and restated certificate of incorporation, to reduce the Company’s authorized
shares of common stock from 2,990,000,000 to 50,000,000.

In
December 2024, the Company sold a total of 412,123 newly issued shares of common stock to a total of seven investors for a total of $410
thousand.

In January and March 2025, the Company issued a total of 185,211
shares of common stock (including 111,688 finders’ fees shares) in a private placement offering for aggregate gross proceeds of
$306 thousand.

On June 24, 2025, Charging Robotics entered into the Exchange Agreement
with Revoltz, and three Revoltz Shareholders, pursuant to which Charging Robotics issued to the Revoltz Shareholders an aggregate of 12.3%
of its issued and outstanding capital stock on a pro rata and post-closing basis, equal to 1,385,002 shares of Charging Robotics’s
common stock, in exchange for 32.74% of Revoltz’s issued and outstanding share capital on a fully diluted and post-closing basis,
equal to 37,476 Revoltz ordinary shares. The Acquisition closed on June 26, 2025 and resulted in Revoltz becoming a majority-owned subsidiary
of Charging Robotics. Revoltz was consolidated into Charging Robotics’s financial statements as of June 24, 2025.

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