Report Publication Announcement • Dec 16, 2025
Report Publication Announcement
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16 December 2025
To: Israel Securities Authority www.isa.gov.il To: Tel Aviv Stock Exchange Ltd. www.tase.co.il
The Company is pleased to announce that, on December 15, 2025, the Company received an order from a third party, who is not related to the Company and/or its interested parties (hereinafter: the customer)¹, for the purchase of cameras of the Company,
for a total consideration of approximately \$76.8 million (excluding VAT) (hereinafter: the order and the consideration,
respectively).
The consideration will be paid within 30 days from the date on which the Company issued the invoice for each shipment of products, according to the agreed dates between the parties. The Company will supply the order according to the dates
agreed upon until the end of 2026.
The order includes a mechanism that allows the customer to upgrade the products at pre-agreed prices in a manner
that increases the total amount of the order by up to \$2.9 million.
The parties agreed that they will reach an agreement regarding the terms that will apply to the order. Until such an agreement is reached,
the terms of both parties will apply to the orders. If disagreements between the terms of the parties arise, the parties will reach understandings by agreement. Sincerely,
Signed by: Chen Golan, Chairman of the Board
¹ The customer is an existing customer of the company.
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