Tel Aviv Stock Exchange Ltd. — Capital/Financing Update 2023

Jul 5, 2023

Further to the stated in section 1.3.1 of the �Description of the Company�s Business� chapter, which is included in the Company�s periodic report for 2022, published on March 28, 2023 (reference no.: 2023-01-033528) (hereafter: �the Periodic Report�), the Company hereby updates as follows:In the period subsequent to the publication of the Periodic Report until July 4, 2023, following the sale of 703,000 ordinary shares of the Company that are Arrangement Shares (as defined in the Periodic Report) by various shareholders of the Company, the Company has received an amount of approximately NIS 10 million, representing the excess consideration in respect thereof. It should be noted that the selling shareholders, as above, are three banking corporations that are TASE members, which had held shares of the Company on the date of approval of the TASE restructuring arrangement, as described in section 1.3.1 of the Periodic Report.For additional information regarding the calculation method of the excess consideration and the adjustment to dividends that have been or that will be distributed, see section 1.3.1 of the Periodic Report. The information that is provided in the Periodic Report is included herein by way of reference. false

������ ������� ��� ��� - ���� ��"�	1 818
THE TEL-AVIV STOCK EXCHANGE LTD
Corporation no: 520020033	14267
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	Israel Securities Authority			Tel Aviv Stock Exchange		�150 ( Public )		Reported via MAGNA:	05/07/2023
	www.isa.gov.il			www.tase.co.il				Reference:	2023-01-063334	Time of broadcast: 17:48 17:48

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English language report to Israeli corporateThis form is for reports that has been translated to English (convenience translation) and should be published alongside with the report in Hebrew in accordance with the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970.

References of previous reports relating to this matter:   _________   _________   _________

Re: Sale of the Arrangement Shares and Receipt of the Excess Consideration in Respect Thereof - Update

Attached hereto is a report on

Further to the stated in section 1.3.1 of the �Description of the Company�s Business� chapter, which is included in the Company�s periodic report for 2022, published on March 28, 2023 (reference no.: 2023-01-033528) (hereafter: �the Periodic Report�), the Company hereby updates as follows: In the period subsequent to the publication of the Periodic Report until July 4, 2023, following the sale of 703,000 ordinary shares of the Company that are Arrangement Shares (as defined in the Periodic Report) by various shareholders of the Company, the Company has received an amount of approximately NIS 10 million, representing the excess consideration in respect thereof. It should be noted that the selling shareholders, as above, are three banking corporations that are TASE members, which had held shares of the Company on the date of approval of the TASE restructuring arrangement, as described in section 1.3.1 of the Periodic Report. For additional information regarding the calculation method of the excess consideration and the adjustment to dividends that have been or that will be distributed, see section 1.3.1 of the Periodic Report. The information that is provided in the Periodic Report is included herein by way of reference.

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	Reference to parallel Hebrew report:	2023-01-063328
	This report was not reported in Hebrew.

Details of the authorized signatories to sign on behalf of the corporation:

	Name of the signer	Corporate Role
1	Ittai Ben Zeev	CEO _________

Note: According to Rule 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these Regulations will be signed by the authorized persons to sign on behalf of the corporation. For the ISA staff notice Click here .2 2

References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
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Stock Exchange/Market: ������ ���� ���	Date of revision of form structure: 20/06/2023
Address: ����� ��� 2, �"� 29060 ����� 6129001 , �� ���� 6525216   , Tel: 076-8160571 , Fax: 076-8160331
E-mail address: gilc@tase.co.il   Company site: tase.co.il
Previous names of reporting entity:
Name of the Signatory: �'��'� ��� Position of Signatory in the reporting corporation: Name of Employer Company:
Address: ����� ���� 23 , �� ���� 65136 Telephone: 03-5119340 Facsimile: 03-5119301 E-mail: gilc@wblaw.co.il 1