Formula Systems (1985) Ltd. — AGM Information 2016

Nov 16, 2016

2016 ANNUAL GENERAL MEETING OF SHAREHOLDERS OF FORMULA SYSTEMS (1985) LTD.

December 21, 2016

Please date, sign and mail your proxy card in the envelope provided as soon as possible. ↓Please detach along perforated line and mail in envelope.↓

THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" EACH OF PROPOSALS 1 TO 5 BELOW PLEASE SIGN, DATE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. PLEASE MARK YOUR VOTE IN BLUE OR BLACK INK AS SHOWN HERE S

2016 ANNUAL GENERAL MEETING OF SHAREHOLDERS OF FORMULA SYSTEMS (1985) LTD. December 21, 2016 Please date, sign and mail your proxy card in the envelope provided as soon as possible. ↓Please detach along perforated line and mail in envelope.↓ THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" EACH OF PROPOSALS 1 TO 5 BELOW PLEASE SIGN, DATE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. PLEASE MARK YOUR VOTE IN BLUE OR BLACK INK AS SHOWN HERE S
				Important Instructions for Item 4A relating to Proposal 4 PLEASE BE CERTAIN TO FILL IN THE BOX "FOR" OPPOSITE ITEM 4A TO CONFIRM THAT YOU DO NOT HAVE A CONFLICT OF INTEREST IN THE APPROVAL OF PROPOSAL 4.	1. To re-elect Mr. Marek Panek to Company's Board of Directors, for a expiring at our next annual general meeting of shareholders.	FOR our ¨ term	AGAINST ¨	ABSTAIN ¨
				Under the Companies Law, you cannot be counted towards the special majority required for Proposal 4 unless you provide the foregoing important confirmation. If you actually do have a conflict of interest in the approval of Proposal 4, you may vote on that proposal by contacting the Company's Chief Financial Officer, Asaf Berenstein,, at +972-3-538-9487	2 . To re-elect Mr. Rafal Kozlowski to Company's Board of Directors, for a expiring at our next annual general meeting of shareholders;	our ¨ term	¨	¨
or ir@formula.co.il who will provide to you a proxy card that is designed for you (and in that case, you should not vote under this proxy card with respect to Proposal 4 and should not fill in the box for Proposals/Item4A). If you hold your securities via a broker or other nominee, please contact	3. To re-elect Ms. Dafna Cohen to Company's Board of Directors, for a expiring at our next annual general meeting of shareholders;	our ¨ term	¨	¨
him, her or it, and inform such broker or other nominee that it should contact the Company as described above.	4. To approve an amended and compensation policy, subject to, and accordance with, the provisions of the Companies Law, 5759-1999 (the "Companies Law"); 4A. The undersigned does not have a conflict	restated ¨ in Israeli of ¨	¨	¨
	interest (referred to as a "personal under the Israeli Companies Law, as described in the Proxy Statement) in the approval Proposal 4;	interest" of
	6. To approve the re-appointment of Kost Gabbay & Kasierer, registered accounting firm, a member firm of Ernst Young Global, as our independent registered public accounting firm for the year December 31, 2016 and until our next annual general meeting of shareholders, and authorize our Company's Board of Directors and/or its Audit Committee to fix accounting firm's annual compensation.	Forer ¨ public & ending to such	¨	¨
To change the address on your account, please check the box at the ¨ right and indicate your new address in the address space above. Please note that changes to the registered name(s) on the account may not be submitted via this method.
Signature of shareholder Date	Signature of shareholder		Date

Note: Please sign exactly as your name or names appear on this Proxy. When shares are held jointly, each owner should sign. When signing as executor, administrator, attorney, trustee or guardian, please give full title as such. If the signer is a corporation, please sign full corporate name by a duly