WEEBIT NANO LTD — Major Shareholding Notification 2019

Feb 26, 2019

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To _Company Name/Scheme	Weebit Nano Ltd (ASX: WBT) _________
ACN/ARSN	146 455 576

1. Details of substantial holder (1)

		Amiram Borenstein - 102 Capital Management as trustee for Dr
Name	Borenstein Ltd
ACN/ARSN (if applicable)	N/A
The holder ceased to be a substantial holder on		21/02/2019
The previous notice was given to the company on		04/01/2019
The previous notice was dated		07/01/2019

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Dr $$0.736***$ Various Borenstein Share sales Ltd	Fully paid 564,844^ ordinary shares
*** Average selling price as calculated based on individual sales between 7 Jan and 21 Feb 2019. Pre Share Consolidation for the $1:25$ Share Consolidation that occurred 2019.	^Includes pre and post Share Consolidation share sales between 7 January and 21 February 2019. The pre Share Sales adjusted Consolidation sales have been adjusted to reflect the $1:25$ Share on 13 February Consolidation.

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association
N/A

4. Addresses

The addresses of persons named in this form are as follows:

605 Page 2 of 2 15 July 2001

102 Capital Management	Eham Ha'am 9, Tel Aviv Shalom Tower, Israel
, Dr Borenstein Ltd Dr. Amiram Borenstein	: 18 Raines St. Tel-Aviv, Israel 18 Raines St. Tel-Aviv, Israel

Signature

print name Dr Amiram Borenstein capacity Personally sign here date 26/02/2019

仏ロル

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the DIRECTIONS If there are a minimos or substantial notices with similar or related relevant interests (eg. a corporation and its related corporations, or a manager and trustee of an equity trust), the names could be included in an anne theregor and process or an equity mast, are names could be introduce in an annexure to the form. In the refevent interests of a group of
persons are essentially similar, they may be referred to throughout the form as a spe group, with the names and addresses of members is dearly set out in paragraph 4 of the form.

See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001, $(3)$

AmiRam

See the definition of "associate" in section 9 of the Corporations Act 2001.

$(4)$ Include details of:

$(2)$

$(6)$

• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ any relevant agreement of onter envarious expense of minds are change in relevant interior populacy, it subsequent of representation of representation of representation of representation of representation of representation accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

$(5)$

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was
acquired has, or may, become entitled to receive in relation to that acquisition. Details m acquired has, or may, become entitient to receive in relation to that acquisition. Details must be intimuous over it the benefit to co
On the happening or not of a contingency. Details must be included of any benefit paid an arc happening of the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

$(7)$

Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

The voting shares of a company constitute one class unless divided into separate classes.