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Investor Presentaiton

Market Accessibility Median* Market Accessibility Ratings (June 2021) Israel EM Middle East DM Europe ++ ++ EM Europe DM APAC (Pacific) ++ ++ ++ + ++ ++ ++ EM APAC ++ ++ ++ ++ ++ ++ Market Accessibility Assessments • Israel has a ++ rating for all criteria except for: Criteria Investor qualification requirement ++ Foreign ownership limit (FOL) level Foreign room level ++ -/? ++ ++ ++ + ++ Equal rights to foreign investors ++ ++ ++ ++ ++ ++ Capital flow restriction level ++ ++ ++ ++ ++ ++ Foreign exchange market ++ ++ ++ liberalization level Investor registration & account set ++ up Market regulations ++ Information flow + Clearing and settlement + Custody ++ Registry/Depository ++ Trading ++ Transferability ++ Stock lending ++ Short selling ++ Availability of investment ++ ++ instrument + ‡ ‡ + + ‡ ‡ ‡ ++ ++ + ++ ++ ++ ++ + ++ ++ ++ + ++ + ++ ++ ++ ++ ++ ++ ++ ++ ++ ++ ++ ++ ++ ++ -/? ++ ++ ++ + • -/? ++ + ++ + -/? ++ + ++ + ++ ++ ++ ++ Stability of institutional framework ++ + ++ ++ ++ + - Information Flow: Corporate actions information is occasionally incomplete or not always disclosed in a timely manner. - Clearing and Settlement: The settlement cycle is set at T+1 and the DVP mechanism is different from international standards. Trading at the Tel Aviv Stock Exchange occurs from Sunday to Thursday. MSCI * The median for each criteria was calculated by ordering each market's ratings from highest to lowest. Based on the MSCI 2021 Global Market Accessibility Review Report. Information Classification: GENERAL 7
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