Carmel Corp. Ltd. — Capital/Financing Update 2024

Feb 28, 2024

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TEL AVIV STOCK EXCHANGE

28 February 2024

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

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

$$ \mathrm{A} = \mathrm{Min} \left( \left( 100 \times \mathrm{B} + 28,050 \right) / 115, \mathrm{B} \right) $$

B = Closing price of the share on 7 March 2024

1. Rights trading will take place on Wednesday, 20 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,

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Trading Unit

THE TEL-AVIV STOCK EXCHANGE LTD

2 Ahuzat Bayit St., Tel-Aviv 6525216 Israel • POB 29060, Tel-Aviv 6129001 Israel

Tel: 972-76-8160411 • Fax: 972-3-5105379

www.tase.co.il

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