Sarine Technologies Ltd.

Transaction in Own Shares • Dec 22, 2021

SHARE BUY BACK - DAILY SHARE BUY-BACK NOTICE::DAILY SHARE BUY-BACK NOTICE 22 DECEMBER 2021

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

23-Dec-2021 00:19:51

Status

New

Announcement Sub Title Daily Share Buy-Back Notice 22 December 2021

Announcement Reference SG211223OTHRPQV0

Submitted By (Co./ Ind. Name)

Amir J.Zolty

Designation

Company Secretary

Effective Date and Time of the event 22/12/2021 17:00:00

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

Daily share Buy-back by way of market acquisition.

Additional Details

Start date for mandate of daily share buy-back 27/04/2021

Section A

Name of Overseas exchange where company has dual listing

Tel Aviv Stock Exchange

Maximum number of shares authorised for purchase

17,491,596

Purchase made by way of market acquisition

Yes

	Singapore Exchange	Overseas Exchange
Date of Purchase	22/12/2021	22/12/2021
Total Number of shares purchased	200,000	0
Number of shares cancelled	0	0
Number of shares held as treasury shares	200,000	0

Highest/ Lowest price per share

Highest Price per share	SGD 0.59
Lowest Price per share	SGD 0.585
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares	SGD 117,999.38

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	550,000	0.15
By way off Market Acquisition on equal access scheme	0	0
Total	550,000	0.15

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 351,090,280

Number of treasury shares held after purchase 4,390,200