Tel Aviv Stock Exchange Ltd. — AGM Information 2020

Dec 22, 2020

A Snapshot of

Annual Press Conference – The Tel Aviv Stock Exchange December 22, 2020

Disclaimer

This presentation was prepared by the Tel Aviv Stock Exchange, Ltd. for the purpose of reviewing activities within the context of the exchange, which is managed by the Company, pursuant to its position as the party responsible inter alia for maintaining a fair and orderly market for securities under its scope.

The presentation does not constitute a recommendation, advice, opinion or an offer to acquire securities in general, or the Company's securities in particular, or an invitation to offer, and is intended solely for informational purposes.

The information included in this presentation is concise and basic, and to receive a fuller picture of the data, one is advised to read the periodic reviews, including the annual review, posted on the Tel Aviv Stock Exchange website.

In cases of contradictions or inconsistencies between the information in this presentation and information stipulated in the Company's filings, the contents of the Company's filings shall prevail. One should not rely on this presentation and it should not be construed as any kind of representation or obligation, including regarding the completeness or accuracy of the information contained therein. The presentation may include information and/or data presented in a different manner and/or characterization and/or editing and/or segmentation than that presented in the Company's filings. In any case, this presentation is not intended to be a substitute for the Company's filings and it is advised to refer to these filings.

With the exception of its obligation to disclose information under securities law, the Company does not undertake to update or modify any information included in this presentation, whether this stems from the release of new information, a future event or from other reasons.

This English version is only for convenience purpose. This is not an official translation and has no binding force. 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.

TASE - Strategic Goals

Being Competitive According to International Standards

Enhancing Liquidity

Reflecting Israeli Economy

Expanding Services

TASE - Strategic Goals

Enhancing Liquidity

Reflecting Israeli Economy

Expanding Services

High-Tech Gathers Momentum on TASE

Reflecting Israeli Economy

30 new companies joined TASE, including 3 dual listed companies

19 high-tech companies, including 5 R&D partnerships (Listed VCs)

6 high-tech companies joined the TA-35 flagship index

Dozens of companies

Dozens more hightech companies are headed for TASE

And this is only the beginning…

Listings on the Rise

Israeli Highest Number of New Companies Since 2007

Private companies raising and trading on a platform for accredited and institutional investors

Technology companies & venture capital funds

Institutional & accredited investors

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Reflecting Israeli Economy

TASE UP Pioneers

Raising target US\$ 100 million

Raising target US\$ 50 million

Highly Developed Bonds Market With Strong Raising and Trading Volumes Reflecting

TASE and International Share Indices

TASE and International Share Indices

New Markets Opening Up

MOU with the Abu Dhabi Securities Exchange Facilitates New Investments in Israeli High-Tech

5 New Indices

Two Green Indices Launched

Cleantech

Three Real Estate Indices Launched

Construction

Investment Properties Abroad

Investment Properties in Israel

TASE - Strategic Goals

Reflecting Israeli Economy Enhancing Liquidity Expanding Services

Enhancing Liquidity in the Market - New Types of TASE Members Enhancing

Liquidity

We have Reinvented the Securities Lending Market

Opening the Market to Competition

Price Transparency

Cost Reduction

Enhancing Liquidity

Trading Volumes on TASE 2016-2020

Enhancing Liquidity

Equity Market Average Daily Volume (in Million NIS)

* Including ETFs, as of 17/12/20.

Public Participation in Israel's Economic Growth

In 2020, Interested Parties Sold Shares With a Net Market Cap of NIS 3 Billion Raising Free Float to 64%

Liquidity

Public Participation in Israel's Economic Growth Enhancing

Significant Growth in New Accounts on TASE

In 2020* - 134,370 new accounts, compared to 98,000 in 2019.

154% surge among Investment Houses compared to 2019.

A record number of 21,000 new accounts created in March – an 87% increase compared to March 2019.

TASE - Strategic Goals

Reflecting Israeli Economy Enhancing Liquidity Expanding Services

Expanding Services

TASE Data Hub – New Data Products

Corporate Actions in Foreign Currency

Expanding Services

Which Major Company Will Dual List?

Expanding Services

* As of November 2020.

Looking to the Future…

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