Tel Aviv Stock Exchange Ltd. — M&A Activity 2026

Jan 21, 2026

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January 21, 2026

Tel Aviv Stock Exchange Ltd.

(hereinafter: the Company)

Immediate Report - Negotiations for the Sale of the Indices Activity and Strategic Cooperation with an International Entity

Signicant

Further to the immediate report published by the Company on 18.6.2025 (reference number: 2025-01-043541) and Section 3.8 to the update of the Company's business description included in the Q3 2025 report published by the Company on 11.11.2025 (reference number: 2025-01-086140), in which the Company announced that the approval of the Board of Directors of the Exchange was granted to the management of the Exchange to examine strategic moves in the indices activity, including a partial or full sale of the activity, or partnership with a leading international entity, as well as to negotiate and examine the feasibility of the transaction and also to engage with the leading investment bank Jefferies to accompany the Exchange in the process, the Company is pleased to announce that it is currently negotiating a transaction for the sale of the Exchange's indices activity and strategic cooperation with a signicant international entity. (Jefferies) at this time.

It is claried that at this stage, there is no certainty as to when, if at all, the aforementioned process will be nalized into a binding agreement and what its nal terms will be, and even if a binding agreement is signed, there is no certainty that the transaction will be completed. The Exchange's entry into a binding agreement will be subject to board approval. The realization of the process into a binding agreement constitutes forward-looking information as such term is dened in the Securities Law, 1968, the realization of which depends, among other things, on factors not under the control of the Company. In light of the foregoing, the above information may not materialize, or may materialize only partially or differently (even materially) from what was assessed.

Sincerely,

Tel Aviv Stock Exchange Ltd. Signed by: Ittai Ben Zeev, CEO