Plus500 : Results of EGM - 24 July 2023

Company number: 514142140

24 July 2023

In accordance with Listing Rule 9.6.2, the following is the resolution that does not constitute ordinary business that was passed at the extraordinary general meeting of Plus500 Ltd. (the "Company") on 24 July 2023.

Authority to purchase own shares

1 To authorise the Company to make purchases of up to 8,240,829 ordinary shares (representing approximately 10 per cent. of the Company's issued share capital (excluding shares held in treasury) as at 16 June 2023) for cash, provided that:

1. The minimum price which may be paid for an ordinary share is ILS 0.01, such minimum price being exclusive of any expenses;
2. The maximum price which may be paid for an ordinary share is not more than the higher of: (i) an amount equal to 105 per cent. of the average of the market value for an ordinary share as derived from the London Stock Exchange plc Daily Official List for the five business days immediately preceding the day on which that ordinary share is contracted to be purchased; and (ii) an amount equal to the higher of the price of the last independent trade of an ordinary share and the highest current independent bid for an ordinary share on the London Stock Exchange at the time the purchase is carried out, such maximum price being exclusive of any expenses;
3. This authority shall expire at the conclusion of the Annual General Meeting of the Company to be held in 2024 or, if earlier, at the close of business on 5 August 2024, unless such authority is renewed prior to this time; and
4. Under the authority conferred by this Resolution, the Company may before the authority expires make an offer or enter into an agreement to purchase ordinary shares under this authority which would or might be executed wholly or partly after such expiry, and the Company may make a purchase of ordinary shares in pursuance of such an offer or agreement as if the power conferred in this Resolution had not expired in any manner permissible under applicable law.