Investor Presentaiton

Sector Comparison Analysis The below exhibit shows the active sector exposure of the MSCI Israel Index against select regional indexes as of November 30, 2021. The exhibit on the right shows the yearly standard deviation of all active sector exposures between Israel and each regional index, plotted during the relevant history. Sector Weight MSCI Israel Index MSCI Europe Index MSCI Pacific Index Active Sector Exposure Energy Materials 0.0% 4.6% 1.1% MSCI EM GCC Countries Index 6.2% 5.8% 2.1% 0.8% 9.6% Industrials 3.7% 11.1% 14.1% -1.4% Cons. disc. 0.0% 11.7% 15.0% 1.3% Cons. stap. 0.0% 12.8% 6.0% 1.6% Health care 8.6% 6.0% 0.7% -7.5% Financials 35.3% -19.6% -16.9% 21.4% IT 43.0% -34.2% -31.7% -43.0% Comm. serv. 0.0% 3.7% 6.6% 10.1% Utilities 0.0% 4.3% 1.9% Real estate 3.7% -2.4% 2.3% 1.7% -0.1% Snapshot as of November 30, 2021 Standard deviation of active sector exposures Active Sector Exposure Deviations of Select Indexes Against MSCI Israel Index MSCI Europe Index 0.275 MSCI Pacific Index MSCI EM GCC Countries Index 0.250 0.225 0.200 0.175 0.150 0.125 0.100 I '07 '08 '09 110 '11 '12 '13 '14 '15 '16 '17 '18 19 '20 '21 Data from November 30, 2006 to November 30, 2021 MSCI Please see the disclosure at the end of this document regarding simulated and back tested data. Information Classification: GENERAL Historical Average: 0.183 Historical Average: 0.154 Historical Average: 0.166 6

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