SavorEat Ltd.

M&A Activity • Sep 11, 2024

This is an English translation of the Company's immediate report in Hebrew that was published on September 11, 2024 [Reference no.: 2024-01-602604] (the "Hebrew Version"). This English version is only for convenience purposes. This is not an official translation and has no binding effect. Whilst reasonable care and skill have been exercised in the preparation hereof, no translation can ever perfectly reflect the Hebrew Version. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

סבוריט בע"מ SAVOREAT LTD. (the "Company")

To To www.isa.gov.il www.tase.co.il

The Israeli Securities Authority The Tel Aviv Stock Exchange Ltd.

Dear Sir and Madam,

Re: Immediate Report

The Company wishes to update, that following the announcement¹ of an investment agreement between the Company and 2B AHEAD Ventures Fonds 02 GmbH & Co. KG (a German venture capital fund), that all conditions precedent (for closing the transaction) have been met.

The Company will report on the changes that are expected due to the completion of the investment

agreement, all in accordance with the applicable laws and regulations.

About SavorEat Ltd.

SavorEat is developing a technological platform that enables the manufacturing of various types of food products through advanced digital production and cooking, the purpose of which is to provide the consumer with a unique and personalized eating experience for his preferences on-site at the catering place.

About the 'Robot-Chef'

The 'Robot-Chef' System is a hi-tech integrated unit for advanced digital production (allowing the use of AI and 3D printing capabilities) and for cooking (including roasting) food products, using an integral heating unit. The System enables the autonomous simultaneous systematic and automatic on-site production of food products, without human interfering, at the catering point (the place where the unit is placed).

About the Company's Food Products

The Company has completed the development of a series of plant-based meat substitutes food products, such as beef hamburger, turkey patty and ham (pork) sausage. The Company is examining the development of additional food products, which are not in the category of meat substitutes, and the development of food products that are not necessarily plant-based and that may include components of animal origin.

Respectfully, SavorEat Ltd.

11 September 2024

Approved for reporting on behalf of the Company by: Racheli Vizman, CEO and Director Yossi Hatan, CFO

¹ The Company's immediate report, filed with the MAGNA, on July 28, 2024 [reference number 2024-01-079483], included here by reference.