Sarine Technologies Ltd.

Transaction in Own Shares • May 19, 2022

SHARE BUY BACK - DAILY SHARE BUY-BACK NOTICE::DAILY SHARE BUY-BACK NOTICE 19 MAY 2022

Issuer & Securities

Issuer/ Manager

SARINE TECHNOLOGIES LTD.

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

19-May-2022 22:41:39

Status

New

Announcement Sub Title Daily Share Buy-Back Notice 19 May 2022

Announcement Reference SG220519OTHR3ZPB

Submitted By (Co./ Ind. Name)

Amir J. Zolty

Designation

Company Secretary

Effective Date and Time of the event

19/05/2022 17:00:00

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

Please note that Sarine Technologies Ltd. bought back 25,000 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	19/05/2022	19/05/2022
Total Number of shares purchased	25,000	0
Number of shares cancelled	0	0
Number of shares held as treasury shares	25,000	0

Highest/ Lowest price per share

Highest Price per share	SGD 0.46	ILS 0
Lowest Price per share	SGD 0.45	ILS 0
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares	SGD 11,503.51	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	205,500	0
By way off Market Acquisition on equal access scheme	0	0
Total	205,500	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 351,082,175

Number of treasury shares held after purchase 4,595,700