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

Jan 21, 2026

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THE TEL-AVIV STOCK EXCHANGE LTD.

(hereafter: "the Company")

Date: January 21, 2026

Immediate Report - Negotiations for the Sale of the Index Activity and a Strategic Collaboration with a Significant International Entity

Further to the immediate report published by the Company on 18.6.2025 (reference no: 2025-01-043542) and to Section 3.8 of the update to the Company's business description included in the Company's Q3 2025 report published on 11.11.2025 (reference no: 2025-01-086141), in which the Company announced the approval issued by the Board of Directors of TASE to the management of TASE for considering strategic initiatives in connection with the index activity, including a partial or full sale of the activity, or a collaboration with a leading international entity, as well as for conducting negotiations and examining the feasibility of the transaction, and for the engagement of the leading investment bank, Jefferies, to guide TASE through the process, the Company is pleased to announce that it is currently conducting negotiations for an engagement in a transaction for the sale of TASE's index activity and for strategic collaboration with a significant international entity.

It is hereby clarified that, at this stage, there is no certainty as to when, if at all, said negotiations will mature into an engagement in a binding agreement and what its final terms will be, and even if a binding agreement is signed, there is no certainty that the transaction will be completed. TASE's engagement in a binding agreement shall be subject to approval by the Board of Directors. The evolvement of the negotiations into a binding agreement constitutes forward-looking information as defined in the Securities Law, 1968, the realization of which depends, inter alia, on factors beyond the Company's control. In light of the aforesaid, the information above may not be realized or may be realized in a partial or different (including materially different) manner than estimated.

Yours sincerely,

The Tel-Aviv Stock Exchange Ltd.

Signed by: Ittai Ben Zeev, CEO