Sarine Technologies Ltd. — Share Issue/Capital Change 2023

Apr 24, 2023

SARINE TECHNOLOGIES LTD

(Israel Registration No. 51 1332207)

Disclosure In Compliance With Rule 704(29) - Grant of Employee Share Options

Sarine Technologies Ltd. (the "Company") hereby discloses in accordance with Rule 704(29) the details of the grant of employee share options as follows:

1.	Date of grant	24 April 2023
2.	Exercise price of options granted	S\$0.446
3.	Number of options granted	4,480,000
4.	Market price of its securities on the date of grant	S\$.0.445
5.	Number of options granted to directors and controlling shareholders (and their associates), if any	2,550,000
6.	Validity period of the options	24 April 2023 – 23 April 2029

By Order of the Board

Sarine Technologies Ltd.

Submitted by Amir Jacob Zolty, Company Secretary, on 24.4.2023 to the SGX