March 29, 2018
Notice from the Interim Chairman
An immediate report is hereby given that at a meeting of the Company's Board of Directors held on March 28, 2018, the Interim Chairman of the Board of Directors, Mr. David Granot, stated that insofar as he is elected as a director in the framework of the annual and special general meeting of the Company that was summoned on April 26, 2018, he does not intend to present his candidacy to serve as Chairman of the Company's Board of Directors.
The above information constitutes a translation of theImmediate Reportpublished by the Company. The Hebrew version wassubmitted by the Company tothe relevant authorities pursuant to Israeli law, and represents the bindingversion and the only onehaving legal effect. This translation was preparedfor convenience purposes only.