The Tel-Aviv Stock Exchange Ltd. announced engagement in an agreement with a financial institution for the receipt of a loan in an amount of up to ILS 150 million, this to ensure the surplus liquidity required pursuant to the models implemented by the TASE Group. TASE announced that, on 28 December 2023, it entered into a loan agreement with a bank (hereafter: the Loan Agreement- and -the Bank-, respectively) all as: 1. The Bank will extend to TASE a NIS loan in an amount of ILS 150 million (hereafter: -the Loan-). The loan shall be repayable (principal) in 36 equal monthly installments, starting on January 2024.

2. The loan will bear annual interest at the rate of Prime with the addition of a 0.5% margin (to the date of this immediate report - 6.75%). The interest on the Loan will be repayable in equal monthly installments as above, through to the final repayment of the principal of the Loan. 3. As part of the terms of the Loan Agreement, TASE has undertaken to the Bank to comply with the following covenants (hereafter: -the Covenants-): 3.1. The amount of equity (as defined in the Loan Agreement) of TASE at all times shall not fall below an amount equal to 45% of TASE-s net asset value.

According to the company-s financial statements as of 30.9.2023, the amount of equity is equal to 75% of TASE-s net asset value. 3.2. The debt service ratio (as defined in the Loan Agreement) of TASE at all times shall not fall below 1.25. According to the company-s financial statements as of 30.9.2023, the debt service ratio is 1.5. 3.3. The debt service coverage ratio (as defined in the Loan Agreement) of TASE at all times shall not exceed 2.5. According to the company-s financial statements as of 30.9.2023, the debt service coverage ratio is 1.4. The Covenants will be reviewed every quarter, subsequent to the approval of the financial statements of TASE.