Tikun Olam Cannbit Pharmaceuticals Ltd. — Capital/Financing Update 2021

May 30, 2021

הבורסה לניירות ערך תל אביב TEL AVIV STOCK EXCHANGE May 30, 2021 390501

Tikun Olam-Cannbit – Rights Offering and Identifying Details for New Security

1. On Sunday, 6 June 2021, the shares of Tikun Olam-Cannbit Pharmaceuticals, Ltd. (Security ID 1084367 / ISIN IL0010843675) will be traded ex-rights.

2. The ex-rights base price of Tikun Olam-Cannbit shares shall be A, as stipulated below:

$$ A = \operatorname{Min} \left(\frac{20 \times B + 536}{21}, B\right) $$

Where:

B = the closing price of Tikun Olam-Cannbit shares on Thursday, 3 June 2021.

1. Rights trading will take place on Thursday, 17 June 2021.

2. Identifying details for the new security shall be as follows:

Security ID	Security Name	ISIN	Symbol
1175900	TIKUN OLAM R3	IL0011759003	TKUN.R3

Respectfully,

（—）

Trading and Indices Unit

הבורסה לניירות ערך בתל אביב בע"מ 03-5105379 :פקס, 076-8160411 :טל' 6129001, תל אביב 29060 :ת"ד 6525216 • 2.תל אביב 6525216 www.tase.co.il