ORMAT TECHNOLOGIES, INC. — Major Shareholding Notification 2015

Feb 8, 2015

Ormat Technologies, Inc.

Cautionary note to reader: The stockholder(6) data in the table below is partially based on documents that are publicly filed by Ormat Technologies, Inc., or the relevant stockholder with the U.S. Securities and Exchange Commission.

Name of Stockholder	Common Stock (#)	Holdings (%)	Options (#) (1)	Common Stock and Options (#)	Holdings (fully diluted) (%) (3)
Principal Stockholder:
Ormat Industries Ltd.†	27,206,580 (2)	59.75%	---	27,206,580	58.63%
Clal Insurance Enterprises Holdings Ltd. ††	3,680,759	8.08%	---	3,680,759	7.93%
Directors:
Yehudit Bronicki†	---	---	---	---	---
Yoram Bronicki†	---	---	---	---	---
Gillon Beck†††	---	---	22,500	22,500	0.05%
Ami Boehm†††	---	---	22,500	22,500	0.05%
Dan Falk†††	---	---	22,500	22,500	0.05%
Robert F. Clarke†††	2,000	0.00%	37,500	39,500	0.09%
David Granot†††	---	---	18,750	18,750	0.04%
Robert E. Joyal†††	---	---	22,500	22,500	0.05%
Executive Officers:
Isaac Angel†	---	---	---	---	---
Directors and Executive Officers as a group	---	---	146,250	148,250	0.32%
Total Common Stock (4)	45,537,162	Total Common Stock and Options (5)	46,407,613
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Footnotes to Table:

† c/o Ormat Industries Ltd., Industrial Area, P.O. Box 68, Yavne 81100, Israel. †† 48 Menachem Begin Road, Tel Aviv 66180, Israel. The information provided for Clal Insurance Enterprises Holdings Ltd. ("Clal") is based on Clal's Schedule 13G/A filed with the SEC on February 14, 2014. Clal reported shared voting and dispositive power with regard to all of the 3,680,759 shares beneficially held by Clal. ††† c/o Ormat Technologies, Inc., 6225 Neil Road, Reno, Nevada 89511. (1) The details regarding options are described in accordance with the U.S. Securities and Exchange Commission beneficial ownership reporting requirements, i.e. convertible securities exercisable within 60 days from February 5, 2015, the date of publication of the registration document with the Israel Securities Authority and Tel-Aviv Stock Exchange. (2) The Board of Directors of Ormat Industries Ltd. ("Ormat Industries") has voting power and investment power over approximately 59.75% of our outstanding common stock. The directors of Ormat Industries include Yehudit Bronicki and Yoram Bronicki, who, collectively with other members of their family, beneficially owned approximately 14.21% of the ordinary shares of Ormat Industries through their holdings in Bronicki Investments Ltd. as of February 5, 2015. FIMI ENRG Limited Partnership and FIMI ENRG L.P., both of which are controlled by FIMI Opportunity IV L.P., currently have voting power and investment power over approximately 24.22% of the ordinary shares of Ormat Industries as of February 5, 2015. Gillon Beck, a partner of FIMI Opportunity Funds, also serves as a director of Ormat Industries. (3) The calculation of the fully diluted holdings assumes the exercise of options granted to directors and employees convertible within 60 days from February 5, 2015, the date of publication of the registration document with the Israel Securities Authority and Tel-Aviv Stock Exchange. The calculation excludes stock attainable by the exercise of 1,715,802 Stock Appreciation Rights (SARS) based on the stock price upon exercise. (4) The number of outstanding common stock provided is as of February 5, 2015. (5) The number of outstanding common stock and options provided is as of February 5, 2015.

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(6) The information in the table above does not reflect the closing of the Share Exchange Agreement and Plan of Merger. Upon the closing, the public float of the Company is expected to be approximately 76%. For additional details, see page 68 of the definitive information statement filed by the Company with the SEC on December 11, 2014.