Sarine Technologies Ltd.

Transaction in Own Shares • May 18, 2022

Issuer & Securities

Issuer/ Manager SARINE TECHNOLOGIES LTD. SHARE BUY BACK - DAILY SHARE BUY-BACK NOTICE::DAILY SHARE BUY-BACK NOTICE 18 MAY 2022

Securities

SARINE TECHNOLOGIES LTD - IL0010927254 - U77

Stapled Security

No

Announcement Details

Announcement Title

Share Buy Back - Daily Share Buy-Back Notice

Date &Time of Broadcast

18-May-2022 23:56:01

Status

New

Announcement Sub Title Daily Share Buy-Back Notice 18 May 2022

Announcement Reference SG220518OTHRDUV4

Submitted By (Co./ Ind. Name)

Amir J. Zolty

Designation

Company Secretary

Effective Date and Time of the event

18/05/2022 17:00:00

Description (Please provide a detailed description of the event in the box below)

Please note that Sarine Technologies Ltd. bought back 14300 shares today.

Additional Details

Start date for mandate of daily share buy-back 26/04/2022

Section A

Name of Overseas exchange where company has dual listing

Tel Aviv Stock Exchange

Maximum number of shares authorised for purchase

17,554,514

Purchase made by way of market acquisition

Yes

	Singapore Exchange	Overseas Exchange
Date of Purchase	18/05/2022	18/05/2022
Total Number of shares purchased	14,300	0
Number of shares cancelled	0	0
Number of shares held as treasury shares	14,300	0

Price Paid per share

Price Paid per share	SGD 0.46	ILS 0
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares	SGD 6,596.2	ILS 0

Section B

Purchase made by way of off-market acquisition on equal access scheme No

Section C

Cumulative No. of shares purchased to date^	Number	Percentage#
By way of Market Acquisition	180,500	0
By way off Market Acquisition on equal access scheme	0	0
Total	180,500	0

Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution

^From the date on which share buy-back mandate is obtained

Section D

Number of issued shares excluding treasury shares after purchase 351,107,175

Number of treasury shares held after purchase 4,570,700