Carmel Corp. Ltd. — Capital/Financing Update 2024

Mar 10, 2024

March 10, 2024 440069

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CARMEL CORP LTD - Rights Offering and Identifying Details for New Securities -correction

Due to the publication of an amendment to the shelf registration, see a change in section 3 on the rights trading date:

1. On Sunday, 10 March 2024, the following securities will be traded ex-rights: CARMEL CORP(Security ID 1147685/ ISIN IL0011476855).

2. The ex-rights base price shall be A, as stipulated below

• A = Min ((100x B + 28,050) / 115, B)

B= Closing price of the share on 7 March 2024

1. Rights trading will take place on Monday, 25 March 2024

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

Security ID	Security Name	ISIN	Symbol
1204361	CARMEL CORP R1	IL0012043613	CRML.R1

Respectfully, (-)

Trading and Indices Unit

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