Eldav Investments Ltd. — Delisting Announcement 2023

Sep 26, 2023

September 26, 2023 433937.docx

To: TASE Members

Re: ELDAV INVESTMENTS LTD

1. As stated in the company's announcement dated September 26, 2023, the company has become a "shell company".

2. According to the fourth part of TASE's rules, the definition of a company as a "shell company" is a cause for transferring its securities to the maintenance list. In light of the above, the company's shares (ISIN IL0010836588) will be transferred to the maintenance list on Thursday, September 28, 2023.

3. Due to the definition of the company as a "shell company", the sector classification of the company will be changed, as of September 28, 2023 from "Investment & Holdings-Investment & Holdings" to "Investment & Holdings – Inactive+ Shell Companies".

4. Following the transition to the maintenance list, the letter M will be added to the company's name and to the names of its securities.

5. According to TASE's rules and regulations, shell company wishing to renew trading in its securities on the main list has to fulfill the conditions required of a new company first listed on TASE. These terms apply to the company.

6. According to TASE's rules, where a security is traded on the maintenance list, the security shall be de-listed from trade if 48 months have passed from the date on which the security ceased to be traded in the framework of the main list, and the conditions for the renewal of trade therein on the main list have not been fulfilled.

Sincerely

(-)

Listing companies compliance 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