Sarine Technologies Ltd.

Transaction in Own Shares • Dec 13, 2022

SHARE BUY BACK - DAILY SHARE BUY-BACK NOTICE::DAILY SHARE BUY-BACK NOTICE 12 DECEMBER 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

13-Dec-2022 17:27:17

Status

New

Announcement Sub Title Daily Share Buy-Back Notice 12 December 2022

Announcement Reference SG221213OTHRCWNX

Submitted By (Co./ Ind. Name)

Amir J.Zolty

Designation

Company Secretary

Effective Date and Time of the event

12/12/2022 17:00:00

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

Please note that Sarine Technologies Ltd. bought-back 35,000 shares yesterday by way of market acquisition.

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	12/12/2022	12/12/2022
Total Number of shares purchased	35,000	0
Number of shares cancelled	0	0
Number of shares held as treasury shares	35,000	0

Price Paid per share

Price Paid per share	SGD 0.385	ILS 0
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares	SGD 13,531	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	3,091,500	0.88
By way off Market Acquisition on equal access scheme	0	0
Total	3,091,500	0.88

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 348,966,195

Number of treasury shares held after purchase 7,481,700