Blender Financial Technologies LTD — Capital/Financing Update 2022

Nov 15, 2022

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November 15, 2022 420143

Blender Technologies – Rights Offering and Identifying Details for New Security

1. On Monday, 21 November 2022, the following securities will be traded ex -rights: BLENDER (Security ID 1172097 / ISIN IL0011720971), BLENDER W1 (Security ID 1172113 / ISIN IL0011721136), BLENDER W2 (Security ID 1172121 / ISIN IL0011721219).

2. The ex- rights base price of BLENDER (Security ID 1172097 / ISIN

IL0011720971) shall be A, as stipulated below:

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Where:

B= the closing price of BLENDER on Sunday, 20 November 2022.

1. The ex- rights base price of BLENDER W1 (Security ID 1172113 / ISIN

IL0011721136) shall be C, as stipulated below:

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A= the ex- rights price of BLENDER

B= the closing price of BLENDER on Sunday, 20 November 2022.

D= the closing price of BLENDER W1 on Sunday, 20 November 2022.

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-2-

1. The ex- rights base price of BLENDER W2 (Security ID 1172121 / ISIN

IL0011721219) shall be E, as stipulated below:

𝐸= 𝑀𝑎𝑥[[] 𝐹−[(] 𝐵−𝐴[)] , 1[]]

A= the ex- rights price of BLENDER

B= the closing price of BLENDER on Sunday, 20 November 2022.

F= the closing price of BLENDER W2 on Sunday, 20 November 2022.

1. Rights trading will take place on Thursday, 1 December 2022.

2. Identifying details for the new security shall be as follows:

Security ID	Security Name	ISIN	Symbol
1190933	BLENDER R1	IL0011909335	BLND.R1

Respectfully,

– ) ( Trading and Indices Unit