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Investor Presentaiton

Summary ⚫ The MSCI Israel Index was reclassified from Emerging Markets to Developed Markets coinciding with the May 2010 Semi-Annual Index Review after a public consultation that began in July 2008. - The index was included in the MSCI World Index, the MSCI EAFE Index, and the MSCI Europe & Middle East Index. ⚫ On June 2012, a survey was launched as part of the MSCI 2012 Annual Market Classification Review requesting feedback on the regional classification of the MSCI Israel Index and whether it should be part of the European investment opportunity set. - Based on feedback received from international institutional investors, most of them did not consider Israel to be part of their European investment opportunity set. -As a result, MSCI announced as part of the MSCI 2013 Annual Market Classification Review that Israel's regional classification was to remain unchanged. • MSCI is now seeking feedback from market participants on whether they still consider the MSCI Israel Index as part of the Middle East investment opportunity set in terms of index inclusion or if it should be regionally classified elsewhere. MSCI invites feedback from market participants on or before January 31, 2022 and will announce the results of the consultation on or before February 28, 2022. To participate in the consultation, please provide your feedback through an online survey available on: https://www.msci.com/consultation-Israel MSCI Information Classification: GENERAL 2
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