Legal Disclaimer - Clal Industries Ltd. Website

GENERAL Please read these Terms carefully before using this Site.The following terms constitute the entire agreement between Clal Industries Ltd. ("CI") and you, visitor of the website (the "Site"), with respect to your use of the Site (the "Terms"). LEGAL NOTICES This Site is provided by CI and may be used for informational purposes only. By accessing the Site or downloading information and materials from the Site, including but not limited to, text, photos, graphics and audio regarding CI, its subsidiaries, affiliated companies and other third party entities or persons (the "Materials"), you signify your agreement with and understanding of the Terms. If you do not agree to the Terms, you may not use the Site or download any Materials from the Site, and should exit immediately.You may not assign any of your rights or obligations under any of the Terms. USE OF THE SITE You shall use the Site for lawful purposes only. You shall not post or transmit through the Site any information or material which violates or infringes, in any way, the rights of others, or which is unlawful, threatening, abusive, defamatory, invasive of privacy or publicity rights, vulgar, obscene, profane, harassing, or otherwise objectionable. Nor shall you post or transmit through the Site any information or material which encourages conduct that would constitute a criminal offense, give rise to liability or otherwise violate any law or administrative ruling or guidelines, is in violation of these Terms, or which, without CI's prior written approval, contain advertising or any solicitation with respect to products or services. Any conduct by you that, in CI's opinion, restricts or inhibits any other user from using or enjoying the Site will not be permitted.

Anyone visiting the Site should review all contents of the Site in its entirety. The Materials contained in the Site are updated from time to time but are not necessarily up-to-date at any specific time, are intended for informational purposes only and are not intended to provide any financial, investment or other professional advice or solicitation of any nature. You acknowledge by the use of the Site that any reliance on any such Materials shall be at your sole risk. Actionable security prices can be obtained only on a real-time, expressly agreed upon basis. Therefore security prices which are or may be posted on the Site are not to be considered as accurate and require further inquiry on your part. CI is under no obligation to provide any Materials of any type, even if a Site visitor requests such Materials. The Site is provided on an "as is" basis. CI specifically disclaims any and all warranties of any kind, explicit or implied, including but not limited to, any Materials contained in or transmitted via the Site, or regarding the accuracy of Site's content, or freedom from typographical errors or any warranty of merchantability, or suitability for a particular purpose, or non-infringement of suitability of a particular purpose, or non-infringement of the rights of third parties.

Without prejudice to the aforesaid, it is hereby clarified that the annual, quarterly and all other reports and information appearing on the Site do not constitute as periodical reports according to the Securities Regulations (periodical and immediate reports),1970, and are intended solely for the convenience of visitors to the Site, and therefore have no legal status. It should be noted that all information appearing on the Site in English, is merely translation of Hebrew versions of such information, and that the Hebrew version of all information, including CI's reports, shall prevail.

The immediate reports appearing on the Site are selected reports detailing various events and transactions, and include financial statements. The full reports submitted by CI are available at the Israel Securities Authority’s distribution website (http://www.magna.isa.gov.il), and at the website of the Tel Aviv Stock Exchange (http://maya.tase.co.il). NON SOLICITATION Under no circumstances should any Material at the Site be used or considered as an offer or solicitation to purchase the securities of CI, of its subsidiaries or of any other issuer. In no event will CI be liable for lost profits or losses resulting from investments in any securities of CI, of its subsidiaries or of any other issuer, or for any incidental, consequential or punitive damages, even if CI has been apprised in advance of the possibility of such damages. LIMITATION OF LIABILITY Your use and browsing of the Site is at your risk. If you are dissatisfied with any of the Materials contained in the Site, or with any of these Terms, your sole and exclusive remedy is to discontinue accessing and using the Site. Under no circumstances will CI, its suppliers or other third parties mentioned at, or involved in creating, producing, or delivering the Site be liable for any direct, incidental, consequential, indirect, special or punitive damages whatsoever (including without limitation, costs and expenses of any type incurred, lost data or programs, and business interruption) arising out of your access to, use, inability to use or the results of use of the Site, or all or part of the Materials contained in the Site, any web sites linked to the site, or any Materials contained at any or all such sites (including but not limited to those caused by or resulting from a failure of performance; error; omission; linking to other web sites; interruption; deletion; defect; delay in operation or transmission; computer virus; communication line failure; or destruction, unauthorized access to, alteration of, or use of any computer system), whether based on warranty, contract, tort, negligence, strict liability, or any other legal theory and whether or not CI was advised of the possibility of such damages. CI shall have no liability for any acts, omissions, or conduct of any user or other third party.CI also makes no warranties, explicit or implied, regarding the security of the Site or any damages resulting from the transmission of any computer program or other Materials via the Site or from any unauthorized use of the Site. CI assumes no responsibility, and shall not be liable for any damages to, or viruses that may affect, your computer equipment or other property on account of your access to, use of, or browsing in the Site, or your downloading of any Materials from the site. THIRD PARTY SITES AND MATERIALS The web sites of CI's subsidiaries, affiliated companies and other third party entities or persons are each owned, operated and provided by such parties. CI may provide as a convenient to you, links to web sites operated by CI's subsidiaries, affiliated companies and other third party entities or persons, and/or incorporate any such subsidiaries, affiliated companies and other third party entities or persons materials within the site, but makes no representations whatsoever about any other web site which you may access through the Site, nor about such materials. CI has not reviewed any of the sites linked to the Site, and is not responsible for the content of these sites. Any link to any web site does not mean that CI endorses or accepts any responsibility for the content, or the use of such web site. If you use these sites, you will leave this Site doing so at your own risk. CI makes no warranty or representation regarding, and does not sponsor or endorse, any linked web sites or the information and materials appearing thereon, or any of the products and services described thereon. Furthermore, links do not imply that CI is affiliated or associated with, or that any linked site is authorized to use any trademark, trade name, logo, or copyright of CI.

THIRD PARTY CONTENT Any opinions, statements, services, offers or other Materials or content expressed or made available in the Site regarding or by any third party are those of the respective author(s) or distributor(s) and not of CI. SAFE HARBOR The Materials at the Site may contain various forward-looking statements which may be based on or include assumptions, concerning CI's operations, future results and prospects. These forward-looking statements are based on current expectations and are subject to risk and uncertainties. In connection with such forward-looking statements, CI provides the following cautionary statement identifying important economic, political and technology factors which, among others, could cause the actual results or events to differ materially from those set forth or implied by the forward-looking statements and related assumptions. Such factors include among others, the following: (1) changes in the current and future business environment, including interest rates and capital and consumer spending; (2) competitive factors and competitor responses to CI's initiatives; (3) successful development and market introductions of anticipated products; (4) changes in government laws and regulations, including taxes; (5) unstable governments and business conditions in emerging economies; (6) continuation of the favorable environment to make acquisitions, domestic and foreign, including regulatory requirements and market values of candidates. CHANGES CI reserves the right, at its sole discretion, to change, modify, add or remove any portion of these Terms, in whole or in part, at any time, and correct any errors or omissions in any portion of the Site and Materials. CI is also entitled to discontinue or revise any or all aspects of the Site or the Site itself, at its sole discretion and without notice. Materials contained in the Site may also be changed, modified, added, or removed and updated without notice at any time; however, CI does not undertake and is under no obligation to update or keep current the Site or any Materials contained therein at any time. CI may also make changes in the products, services, programs, or prices (if any) described in the Site at any time without notice. Your continued use of the Site a�er any change to the Site will be considered acceptance of those changes. You should revisit these Terms from time to time to review the then-current Terms, as these will be the applicable binding Terms. INFORMATION PROVIDED BY YOU It has been and remains CI’s policy not to accept or consider ideas, suggestions or Materials other than those that CI has specifically requested from you. Accordingly, CI does not want you to, and you should not, send any confidential or proprietary information or Material to CI through the Site unless specifically requested by CI. Please note that any unsolicited information or Material sent to CI will be deemed not confidential and/or proprietary. By submitting information and Material to the Site, you automatically grant to CI (or warrant that the owner of such information and Material has expressly granted to CI) a royalty-free, perpetual, irrevocable, unrestricted right and license to use, reproduce, display, perform, modify, adapt, publish, translate, transmit and distribute, or otherwise make available to other such information and Material (in whole or in part and for any purpose) worldwide and/or to incorporate it in other works in any form, media, or technology now known or herea�er developed. You also agree that CI is free to use any ideas, concepts, know-how, or techniques that you sent CI for any purpose free of any charge, including without limitation, any royalties or other payments of any kind. As further provided above, CI does not want to receive, and you are deemed to covenant and agree

through the use of the Site not to provide, any information or Materials to CI that are defamatory, threatening, obscene, harassing, in violation of any law, governmental requirements or otherwise unlawful, or that incorporate the proprietary information or Materials of another person or entity.You shall not upload, post or otherwise make available in the Site any information and Material protected by copyright, trademark or other proprietary right without the express written permission of the owner of such right(s). You shall be solely liable for any damages resulting from any infringement of copyright, proprietary rights, or any other harm resulting from such a submission. TRADEMARKS AND COPYRIGHTS The Site contains Materials, which are derived in whole or in part from information and Materials supplied by CI and other sources, and are protected by international copyright, trademark and other laws.The entire content of the Site is copyrighted as a compilation under international copyright laws. Subject to the Terms, CI hereby grants Site users a non-transferable, non-exclusive limited license to access, use and display the Site for personal, non-commercial use only. In addition, one copy of the Site content may be downloaded and printed on a single computer for personal, non-commercial use only provided all copyright and other proprietary notices are adhered to, and no change in or deletion of author attribution is made. This limited authorization is not a transfer of title in the Site’s contents and by your use of the Site, you acknowledge that you do not acquire any license, ownership or other rights to the Site’s contents. Modification of the Site’s Materials or use of such Materials for any other purpose is a violation of CI's or such other sources' copyright, trademark and other proprietary rights and may violate other laws. The use of any such materials on any other Web site or networked computer or environment is prohibited without CI's express written consent. If you breach any of these Terms, your authorization to use the Site automatically terminates and you must immediately destroy any downloaded or printed Materials from the site.No Material from the Site, including - without limitation - any logos and text, may be copied, reproduced, republished, uploaded, transmitted or distributed in any way, unless the Material clearly indicates so to the contrary. Modification of the Materials or use of the Materials contained in the Site for any other purpose is a violation of CI's copyright and other proprietary rights. GOVERNING LAW The Site is owned and provided by CI from its offices in Israel. The Terms are to be governed solely by the laws of the State of Israel, and all disputes regarding them or relating to the Site in any manner will be determined solely by the competent courts in Tel Aviv-Jaffa, Israel, without giving effect to the principle of conflicts of laws. If any provision of these Terms shall be unlawful, void, or for any reason unenforceable, then such provision shall be severable from these Terms, and shall not affect the validity and enforceability of any remaining provisions.Any cause of action you may have with respect to your use of the Site must be commenced within 6 months a�er the claim or cause of action arises.

Legal Disclaimer - Clal Industries Ltd. Website

GENERAL Please read these Terms carefully before using this Site.The following terms constitute the entire agreement between Clal Industries Ltd. ("CI") and you, visitor of the website (the "Site"), with respect to your use of the Site (the "Terms"). LEGAL NOTICES This Site is provided by CI and may be used for informational purposes only. By accessing the Site or downloading information and materials from the Site, including but not limited to, text, photos, graphics and audio regarding CI, its subsidiaries, affiliated companies and other third party entities or persons (the "Materials"), you signify your agreement with and understanding of the Terms. If you do not agree to the Terms, you may not use the Site or download any Materials from the Site, and should exit immediately.You may not assign any of your rights or obligations under any of the Terms. USE OF THE SITE You shall use the Site for lawful purposes only. You shall not post or transmit through the Site any information or material which violates or infringes, in any way, the rights of others, or which is unlawful, threatening, abusive, defamatory, invasive of privacy or publicity rights, vulgar, obscene, profane, harassing, or otherwise objectionable. Nor shall you post or transmit through the Site any information or material which encourages conduct that would constitute a criminal offense, give rise to liability or otherwise violate any law or administrative ruling or guidelines, is in violation of these Terms, or which, without CI's prior written approval, contain advertising or any solicitation with respect to products or services. Any conduct by you that, in CI's opinion, restricts or inhibits any other user from using or enjoying the Site will not be permitted.

Anyone visiting the Site should review all contents of the Site in its entirety. The Materials contained in the Site are updated from time to time but are not necessarily up-to-date at any specific time, are intended for informational purposes only and are not intended to provide any financial, investment or other professional advice or solicitation of any nature. You acknowledge by the use of the Site that any reliance on any such Materials shall be at your sole risk. Actionable security prices can be obtained only on a real-time, expressly agreed upon basis. Therefore security prices which are or may be posted on the Site are not to be considered as accurate and require further inquiry on your part. CI is under no obligation to provide any Materials of any type, even if a Site visitor requests such Materials. The Site is provided on an "as is" basis. CI specifically disclaims any and all warranties of any kind, explicit or implied, including but not limited to, any Materials contained in or transmitted via the Site, or regarding the accuracy of Site's content, or freedom from typographical errors or any warranty of merchantability, or suitability for a particular purpose, or non-infringement of suitability of a particular purpose, or non-infringement of the rights of third parties.

Without prejudice to the aforesaid, it is hereby clarified that the annual, quarterly and all other reports and information appearing on the Site do not constitute as periodical reports according to the Securities Regulations (periodical and immediate reports),1970, and are intended solely for the convenience of visitors to the Site, and therefore have no legal status. It should be noted that all information appearing on the Site in English, is merely translation of Hebrew versions of such information, and that the Hebrew version of all information, including CI's reports, shall prevail.

The immediate reports appearing on the Site are selected reports detailing various events and transactions, and include financial statements. The full reports submitted by CI are available at the Israel Securities Authority’s distribution website (http://www.magna.isa.gov.il), and at the website of the Tel Aviv Stock Exchange (http://maya.tase.co.il). NON SOLICITATION Under no circumstances should any Material at the Site be used or considered as an offer or solicitation to purchase the securities of CI, of its subsidiaries or of any other issuer. In no event will CI be liable for lost profits or losses resulting from investments in any securities of CI, of its subsidiaries or of any other issuer, or for any incidental, consequential or punitive damages, even if CI has been apprised in advance of the possibility of such damages. LIMITATION OF LIABILITY Your use and browsing of the Site is at your risk. If you are dissatisfied with any of the Materials contained in the Site, or with any of these Terms, your sole and exclusive remedy is to discontinue accessing and using the Site. Under no circumstances will CI, its suppliers or other third parties mentioned at, or involved in creating, producing, or delivering the Site be liable for any direct, incidental, consequential, indirect, special or punitive damages whatsoever (including without limitation, costs and expenses of any type incurred, lost data or programs, and business interruption) arising out of your access to, use, inability to use or the results of use of the Site, or all or part of the Materials contained in the Site, any web sites linked to the site, or any Materials contained at any or all such sites (including but not limited to those caused by or resulting from a failure of performance; error; omission; linking to other web sites; interruption; deletion; defect; delay in operation or transmission; computer virus; communication line failure; or destruction, unauthorized access to, alteration of, or use of any computer system), whether based on warranty, contract, tort, negligence, strict liability, or any other legal theory and whether or not CI was advised of the possibility of such damages. CI shall have no liability for any acts, omissions, or conduct of any user or other third party.CI also makes no warranties, explicit or implied, regarding the security of the Site or any damages resulting from the transmission of any computer program or other Materials via the Site or from any unauthorized use of the Site. CI assumes no responsibility, and shall not be liable for any damages to, or viruses that may affect, your computer equipment or other property on account of your access to, use of, or browsing in the Site, or your downloading of any Materials from the site. THIRD PARTY SITES AND MATERIALS The web sites of CI's subsidiaries, affiliated companies and other third party entities or persons are each owned, operated and provided by such parties. CI may provide as a convenient to you, links to web sites operated by CI's subsidiaries, affiliated companies and other third party entities or persons, and/or incorporate any such subsidiaries, affiliated companies and other third party entities or persons materials within the site, but makes no representations whatsoever about any other web site which you may access through the Site, nor about such materials. CI has not reviewed any of the sites linked to the Site, and is not responsible for the content of these sites. Any link to any web site does not mean that CI endorses or accepts any responsibility for the content, or the use of such web site. If you use these sites, you will leave this Site doing so at your own risk. CI makes no warranty or representation regarding, and does not sponsor or endorse, any linked web sites or the information and materials appearing thereon, or any of the products and services described thereon. Furthermore, links do not imply that CI is affiliated or associated with, or that any linked site is authorized to use any trademark, trade name, logo, or copyright of CI.

THIRD PARTY CONTENT Any opinions, statements, services, offers or other Materials or content expressed or made available in the Site regarding or by any third party are those of the respective author(s) or distributor(s) and not of CI. SAFE HARBOR The Materials at the Site may contain various forward-looking statements which may be based on or include assumptions, concerning CI's operations, future results and prospects. These forward-looking statements are based on current expectations and are subject to risk and uncertainties. In connection with such forward-looking statements, CI provides the following cautionary statement identifying important economic, political and technology factors which, among others, could cause the actual results or events to differ materially from those set forth or implied by the forward-looking statements and related assumptions. Such factors include among others, the following: (1) changes in the current and future business environment, including interest rates and capital and consumer spending; (2) competitive factors and competitor responses to CI's initiatives; (3) successful development and market introductions of anticipated products; (4) changes in government laws and regulations, including taxes; (5) unstable governments and business conditions in emerging economies; (6) continuation of the favorable environment to make acquisitions, domestic and foreign, including regulatory requirements and market values of candidates. CHANGES CI reserves the right, at its sole discretion, to change, modify, add or remove any portion of these Terms, in whole or in part, at any time, and correct any errors or omissions in any portion of the Site and Materials. CI is also entitled to discontinue or revise any or all aspects of the Site or the Site itself, at its sole discretion and without notice. Materials contained in the Site may also be changed, modified, added, or removed and updated without notice at any time; however, CI does not undertake and is under no obligation to update or keep current the Site or any Materials contained therein at any time. CI may also make changes in the products, services, programs, or prices (if any) described in the Site at any time without notice. Your continued use of the Site a�er any change to the Site will be considered acceptance of those changes. You should revisit these Terms from time to time to review the then-current Terms, as these will be the applicable binding Terms. INFORMATION PROVIDED BY YOU It has been and remains CI’s policy not to accept or consider ideas, suggestions or Materials other than those that CI has specifically requested from you. Accordingly, CI does not want you to, and you should not, send any confidential or proprietary information or Material to CI through the Site unless specifically requested by CI. Please note that any unsolicited information or Material sent to CI will be deemed not confidential and/or proprietary. By submitting information and Material to the Site, you automatically grant to CI (or warrant that the owner of such information and Material has expressly granted to CI) a royalty-free, perpetual, irrevocable, unrestricted right and license to use, reproduce, display, perform, modify, adapt, publish, translate, transmit and distribute, or otherwise make available to other such information and Material (in whole or in part and for any purpose) worldwide and/or to incorporate it in other works in any form, media, or technology now known or herea�er developed. You also agree that CI is free to use any ideas, concepts, know-how, or techniques that you sent CI for any purpose free of any charge, including without limitation, any royalties or other payments of any kind. As further provided above, CI does not want to receive, and you are deemed to covenant and agree

through the use of the Site not to provide, any information or Materials to CI that are defamatory, threatening, obscene, harassing, in violation of any law, governmental requirements or otherwise unlawful, or that incorporate the proprietary information or Materials of another person or entity.You shall not upload, post or otherwise make available in the Site any information and Material protected by copyright, trademark or other proprietary right without the express written permission of the owner of such right(s). You shall be solely liable for any damages resulting from any infringement of copyright, proprietary rights, or any other harm resulting from such a submission. TRADEMARKS AND COPYRIGHTS The Site contains Materials, which are derived in whole or in part from information and Materials supplied by CI and other sources, and are protected by international copyright, trademark and other laws.The entire content of the Site is copyrighted as a compilation under international copyright laws. Subject to the Terms, CI hereby grants Site users a non-transferable, non-exclusive limited license to access, use and display the Site for personal, non-commercial use only. In addition, one copy of the Site content may be downloaded and printed on a single computer for personal, non-commercial use only provided all copyright and other proprietary notices are adhered to, and no change in or deletion of author attribution is made. This limited authorization is not a transfer of title in the Site’s contents and by your use of the Site, you acknowledge that you do not acquire any license, ownership or other rights to the Site’s contents. Modification of the Site’s Materials or use of such Materials for any other purpose is a violation of CI's or such other sources' copyright, trademark and other proprietary rights and may violate other laws. The use of any such materials on any other Web site or networked computer or environment is prohibited without CI's express written consent. If you breach any of these Terms, your authorization to use the Site automatically terminates and you must immediately destroy any downloaded or printed Materials from the site.No Material from the Site, including - without limitation - any logos and text, may be copied, reproduced, republished, uploaded, transmitted or distributed in any way, unless the Material clearly indicates so to the contrary. Modification of the Materials or use of the Materials contained in the Site for any other purpose is a violation of CI's copyright and other proprietary rights. GOVERNING LAW The Site is owned and provided by CI from its offices in Israel. The Terms are to be governed solely by the laws of the State of Israel, and all disputes regarding them or relating to the Site in any manner will be determined solely by the competent courts in Tel Aviv-Jaffa, Israel, without giving effect to the principle of conflicts of laws. If any provision of these Terms shall be unlawful, void, or for any reason unenforceable, then such provision shall be severable from these Terms, and shall not affect the validity and enforceability of any remaining provisions.Any cause of action you may have with respect to your use of the Site must be commenced within 6 months a�er the claim or cause of action arises.

Legal Disclaimer - Clal Industries Ltd. Website

GENERAL Please read these Terms carefully before using this Site.The following terms constitute the entire agreement between Clal Industries Ltd. ("CI") and you, visitor of the website (the "Site"), with respect to your use of the Site (the "Terms"). LEGAL NOTICES This Site is provided by CI and may be used for informational purposes only. By accessing the Site or downloading information and materials from the Site, including but not limited to, text, photos, graphics and audio regarding CI, its subsidiaries, affiliated companies and other third party entities or persons (the "Materials"), you signify your agreement with and understanding of the Terms. If you do not agree to the Terms, you may not use the Site or download any Materials from the Site, and should exit immediately.You may not assign any of your rights or obligations under any of the Terms. USE OF THE SITE You shall use the Site for lawful purposes only. You shall not post or transmit through the Site any information or material which violates or infringes, in any way, the rights of others, or which is unlawful, threatening, abusive, defamatory, invasive of privacy or publicity rights, vulgar, obscene, profane, harassing, or otherwise objectionable. Nor shall you post or transmit through the Site any information or material which encourages conduct that would constitute a criminal offense, give rise to liability or otherwise violate any law or administrative ruling or guidelines, is in violation of these Terms, or which, without CI's prior written approval, contain advertising or any solicitation with respect to products or services. Any conduct by you that, in CI's opinion, restricts or inhibits any other user from using or enjoying the Site will not be permitted.

Anyone visiting the Site should review all contents of the Site in its entirety. The Materials contained in the Site are updated from time to time but are not necessarily up-to-date at any specific time, are intended for informational purposes only and are not intended to provide any financial, investment or other professional advice or solicitation of any nature. You acknowledge by the use of the Site that any reliance on any such Materials shall be at your sole risk. Actionable security prices can be obtained only on a real-time, expressly agreed upon basis. Therefore security prices which are or may be posted on the Site are not to be considered as accurate and require further inquiry on your part. CI is under no obligation to provide any Materials of any type, even if a Site visitor requests such Materials. The Site is provided on an "as is" basis. CI specifically disclaims any and all warranties of any kind, explicit or implied, including but not limited to, any Materials contained in or transmitted via the Site, or regarding the accuracy of Site's content, or freedom from typographical errors or any warranty of merchantability, or suitability for a particular purpose, or non-infringement of suitability of a particular purpose, or non-infringement of the rights of third parties.

Without prejudice to the aforesaid, it is hereby clarified that the annual, quarterly and all other reports and information appearing on the Site do not constitute as periodical reports according to the Securities Regulations (periodical and immediate reports),1970, and are intended solely for the convenience of visitors to the Site, and therefore have no legal status. It should be noted that all information appearing on the Site in English, is merely translation of Hebrew versions of such information, and that the Hebrew version of all information, including CI's reports, shall prevail.

The immediate reports appearing on the Site are selected reports detailing various events and transactions, and include financial statements. The full reports submitted by CI are available at the Israel Securities Authority’s distribution website (http://www.magna.isa.gov.il), and at the website of the Tel Aviv Stock Exchange (http://maya.tase.co.il). NON SOLICITATION Under no circumstances should any Material at the Site be used or considered as an offer or solicitation to purchase the securities of CI, of its subsidiaries or of any other issuer. In no event will CI be liable for lost profits or losses resulting from investments in any securities of CI, of its subsidiaries or of any other issuer, or for any incidental, consequential or punitive damages, even if CI has been apprised in advance of the possibility of such damages. LIMITATION OF LIABILITY Your use and browsing of the Site is at your risk. If you are dissatisfied with any of the Materials contained in the Site, or with any of these Terms, your sole and exclusive remedy is to discontinue accessing and using the Site. Under no circumstances will CI, its suppliers or other third parties mentioned at, or involved in creating, producing, or delivering the Site be liable for any direct, incidental, consequential, indirect, special or punitive damages whatsoever (including without limitation, costs and expenses of any type incurred, lost data or programs, and business interruption) arising out of your access to, use, inability to use or the results of use of the Site, or all or part of the Materials contained in the Site, any web sites linked to the site, or any Materials contained at any or all such sites (including but not limited to those caused by or resulting from a failure of performance; error; omission; linking to other web sites; interruption; deletion; defect; delay in operation or transmission; computer virus; communication line failure; or destruction, unauthorized access to, alteration of, or use of any computer system), whether based on warranty, contract, tort, negligence, strict liability, or any other legal theory and whether or not CI was advised of the possibility of such damages. CI shall have no liability for any acts, omissions, or conduct of any user or other third party.CI also makes no warranties, explicit or implied, regarding the security of the Site or any damages resulting from the transmission of any computer program or other Materials via the Site or from any unauthorized use of the Site. CI assumes no responsibility, and shall not be liable for any damages to, or viruses that may affect, your computer equipment or other property on account of your access to, use of, or browsing in the Site, or your downloading of any Materials from the site. THIRD PARTY SITES AND MATERIALS The web sites of CI's subsidiaries, affiliated companies and other third party entities or persons are each owned, operated and provided by such parties. CI may provide as a convenient to you, links to web sites operated by CI's subsidiaries, affiliated companies and other third party entities or persons, and/or incorporate any such subsidiaries, affiliated companies and other third party entities or persons materials within the site, but makes no representations whatsoever about any other web site which you may access through the Site, nor about such materials. CI has not reviewed any of the sites linked to the Site, and is not responsible for the content of these sites. Any link to any web site does not mean that CI endorses or accepts any responsibility for the content, or the use of such web site. If you use these sites, you will leave this Site doing so at your own risk. CI makes no warranty or representation regarding, and does not sponsor or endorse, any linked web sites or the information and materials appearing thereon, or any of the products and services described thereon. Furthermore, links do not imply that CI is affiliated or associated with, or that any linked site is authorized to use any trademark, trade name, logo, or copyright of CI.

THIRD PARTY CONTENT Any opinions, statements, services, offers or other Materials or content expressed or made available in the Site regarding or by any third party are those of the respective author(s) or distributor(s) and not of CI. SAFE HARBOR The Materials at the Site may contain various forward-looking statements which may be based on or include assumptions, concerning CI's operations, future results and prospects. These forward-looking statements are based on current expectations and are subject to risk and uncertainties. In connection with such forward-looking statements, CI provides the following cautionary statement identifying important economic, political and technology factors which, among others, could cause the actual results or events to differ materially from those set forth or implied by the forward-looking statements and related assumptions. Such factors include among others, the following: (1) changes in the current and future business environment, including interest rates and capital and consumer spending; (2) competitive factors and competitor responses to CI's initiatives; (3) successful development and market introductions of anticipated products; (4) changes in government laws and regulations, including taxes; (5) unstable governments and business conditions in emerging economies; (6) continuation of the favorable environment to make acquisitions, domestic and foreign, including regulatory requirements and market values of candidates. CHANGES CI reserves the right, at its sole discretion, to change, modify, add or remove any portion of these Terms, in whole or in part, at any time, and correct any errors or omissions in any portion of the Site and Materials. CI is also entitled to discontinue or revise any or all aspects of the Site or the Site itself, at its sole discretion and without notice. Materials contained in the Site may also be changed, modified, added, or removed and updated without notice at any time; however, CI does not undertake and is under no obligation to update or keep current the Site or any Materials contained therein at any time. CI may also make changes in the products, services, programs, or prices (if any) described in the Site at any time without notice. Your continued use of the Site a�er any change to the Site will be considered acceptance of those changes. You should revisit these Terms from time to time to review the then-current Terms, as these will be the applicable binding Terms. INFORMATION PROVIDED BY YOU It has been and remains CI’s policy not to accept or consider ideas, suggestions or Materials other than those that CI has specifically requested from you. Accordingly, CI does not want you to, and you should not, send any confidential or proprietary information or Material to CI through the Site unless specifically requested by CI. Please note that any unsolicited information or Material sent to CI will be deemed not confidential and/or proprietary. By submitting information and Material to the Site, you automatically grant to CI (or warrant that the owner of such information and Material has expressly granted to CI) a royalty-free, perpetual, irrevocable, unrestricted right and license to use, reproduce, display, perform, modify, adapt, publish, translate, transmit and distribute, or otherwise make available to other such information and Material (in whole or in part and for any purpose) worldwide and/or to incorporate it in other works in any form, media, or technology now known or herea�er developed. You also agree that CI is free to use any ideas, concepts, know-how, or techniques that you sent CI for any purpose free of any charge, including without limitation, any royalties or other payments of any kind. As further provided above, CI does not want to receive, and you are deemed to covenant and agree

through the use of the Site not to provide, any information or Materials to CI that are defamatory, threatening, obscene, harassing, in violation of any law, governmental requirements or otherwise unlawful, or that incorporate the proprietary information or Materials of another person or entity.You shall not upload, post or otherwise make available in the Site any information and Material protected by copyright, trademark or other proprietary right without the express written permission of the owner of such right(s). You shall be solely liable for any damages resulting from any infringement of copyright, proprietary rights, or any other harm resulting from such a submission. TRADEMARKS AND COPYRIGHTS The Site contains Materials, which are derived in whole or in part from information and Materials supplied by CI and other sources, and are protected by international copyright, trademark and other laws.The entire content of the Site is copyrighted as a compilation under international copyright laws. Subject to the Terms, CI hereby grants Site users a non-transferable, non-exclusive limited license to access, use and display the Site for personal, non-commercial use only. In addition, one copy of the Site content may be downloaded and printed on a single computer for personal, non-commercial use only provided all copyright and other proprietary notices are adhered to, and no change in or deletion of author attribution is made. This limited authorization is not a transfer of title in the Site’s contents and by your use of the Site, you acknowledge that you do not acquire any license, ownership or other rights to the Site’s contents. Modification of the Site’s Materials or use of such Materials for any other purpose is a violation of CI's or such other sources' copyright, trademark and other proprietary rights and may violate other laws. The use of any such materials on any other Web site or networked computer or environment is prohibited without CI's express written consent. If you breach any of these Terms, your authorization to use the Site automatically terminates and you must immediately destroy any downloaded or printed Materials from the site.No Material from the Site, including - without limitation - any logos and text, may be copied, reproduced, republished, uploaded, transmitted or distributed in any way, unless the Material clearly indicates so to the contrary. Modification of the Materials or use of the Materials contained in the Site for any other purpose is a violation of CI's copyright and other proprietary rights. GOVERNING LAW The Site is owned and provided by CI from its offices in Israel. The Terms are to be governed solely by the laws of the State of Israel, and all disputes regarding them or relating to the Site in any manner will be determined solely by the competent courts in Tel Aviv-Jaffa, Israel, without giving effect to the principle of conflicts of laws. If any provision of these Terms shall be unlawful, void, or for any reason unenforceable, then such provision shall be severable from these Terms, and shall not affect the validity and enforceability of any remaining provisions.Any cause of action you may have with respect to your use of the Site must be commenced within 6 months a�er the claim or cause of action arises.

Legal Disclaimer - Clal Industries Ltd. Website

GENERAL Please read these Terms carefully before using this Site.The following terms constitute the entire agreement between Clal Industries Ltd. ("CI") and you, visitor of the website (the "Site"), with respect to your use of the Site (the "Terms"). LEGAL NOTICES This Site is provided by CI and may be used for informational purposes only. By accessing the Site or downloading information and materials from the Site, including but not limited to, text, photos, graphics and audio regarding CI, its subsidiaries, affiliated companies and other third party entities or persons (the "Materials"), you signify your agreement with and understanding of the Terms. If you do not agree to the Terms, you may not use the Site or download any Materials from the Site, and should exit immediately.You may not assign any of your rights or obligations under any of the Terms. USE OF THE SITE You shall use the Site for lawful purposes only. You shall not post or transmit through the Site any information or material which violates or infringes, in any way, the rights of others, or which is unlawful, threatening, abusive, defamatory, invasive of privacy or publicity rights, vulgar, obscene, profane, harassing, or otherwise objectionable. Nor shall you post or transmit through the Site any information or material which encourages conduct that would constitute a criminal offense, give rise to liability or otherwise violate any law or administrative ruling or guidelines, is in violation of these Terms, or which, without CI's prior written approval, contain advertising or any solicitation with respect to products or services. Any conduct by you that, in CI's opinion, restricts or inhibits any other user from using or enjoying the Site will not be permitted.

Anyone visiting the Site should review all contents of the Site in its entirety. The Materials contained in the Site are updated from time to time but are not necessarily up-to-date at any specific time, are intended for informational purposes only and are not intended to provide any financial, investment or other professional advice or solicitation of any nature. You acknowledge by the use of the Site that any reliance on any such Materials shall be at your sole risk. Actionable security prices can be obtained only on a real-time, expressly agreed upon basis. Therefore security prices which are or may be posted on the Site are not to be considered as accurate and require further inquiry on your part. CI is under no obligation to provide any Materials of any type, even if a Site visitor requests such Materials. The Site is provided on an "as is" basis. CI specifically disclaims any and all warranties of any kind, explicit or implied, including but not limited to, any Materials contained in or transmitted via the Site, or regarding the accuracy of Site's content, or freedom from typographical errors or any warranty of merchantability, or suitability for a particular purpose, or non-infringement of suitability of a particular purpose, or non-infringement of the rights of third parties.

Without prejudice to the aforesaid, it is hereby clarified that the annual, quarterly and all other reports and information appearing on the Site do not constitute as periodical reports according to the Securities Regulations (periodical and immediate reports),1970, and are intended solely for the convenience of visitors to the Site, and therefore have no legal status. It should be noted that all information appearing on the Site in English, is merely translation of Hebrew versions of such information, and that the Hebrew version of all information, including CI's reports, shall prevail.

The immediate reports appearing on the Site are selected reports detailing various events and transactions, and include financial statements. The full reports submitted by CI are available at the Israel Securities Authority’s distribution website (http://www.magna.isa.gov.il), and at the website of the Tel Aviv Stock Exchange (http://maya.tase.co.il). NON SOLICITATION Under no circumstances should any Material at the Site be used or considered as an offer or solicitation to purchase the securities of CI, of its subsidiaries or of any other issuer. In no event will CI be liable for lost profits or losses resulting from investments in any securities of CI, of its subsidiaries or of any other issuer, or for any incidental, consequential or punitive damages, even if CI has been apprised in advance of the possibility of such damages. LIMITATION OF LIABILITY Your use and browsing of the Site is at your risk. If you are dissatisfied with any of the Materials contained in the Site, or with any of these Terms, your sole and exclusive remedy is to discontinue accessing and using the Site. Under no circumstances will CI, its suppliers or other third parties mentioned at, or involved in creating, producing, or delivering the Site be liable for any direct, incidental, consequential, indirect, special or punitive damages whatsoever (including without limitation, costs and expenses of any type incurred, lost data or programs, and business interruption) arising out of your access to, use, inability to use or the results of use of the Site, or all or part of the Materials contained in the Site, any web sites linked to the site, or any Materials contained at any or all such sites (including but not limited to those caused by or resulting from a failure of performance; error; omission; linking to other web sites; interruption; deletion; defect; delay in operation or transmission; computer virus; communication line failure; or destruction, unauthorized access to, alteration of, or use of any computer system), whether based on warranty, contract, tort, negligence, strict liability, or any other legal theory and whether or not CI was advised of the possibility of such damages. CI shall have no liability for any acts, omissions, or conduct of any user or other third party.CI also makes no warranties, explicit or implied, regarding the security of the Site or any damages resulting from the transmission of any computer program or other Materials via the Site or from any unauthorized use of the Site. CI assumes no responsibility, and shall not be liable for any damages to, or viruses that may affect, your computer equipment or other property on account of your access to, use of, or browsing in the Site, or your downloading of any Materials from the site. THIRD PARTY SITES AND MATERIALS The web sites of CI's subsidiaries, affiliated companies and other third party entities or persons are each owned, operated and provided by such parties. CI may provide as a convenient to you, links to web sites operated by CI's subsidiaries, affiliated companies and other third party entities or persons, and/or incorporate any such subsidiaries, affiliated companies and other third party entities or persons materials within the site, but makes no representations whatsoever about any other web site which you may access through the Site, nor about such materials. CI has not reviewed any of the sites linked to the Site, and is not responsible for the content of these sites. Any link to any web site does not mean that CI endorses or accepts any responsibility for the content, or the use of such web site. If you use these sites, you will leave this Site doing so at your own risk. CI makes no warranty or representation regarding, and does not sponsor or endorse, any linked web sites or the information and materials appearing thereon, or any of the products and services described thereon. Furthermore, links do not imply that CI is affiliated or associated with, or that any linked site is authorized to use any trademark, trade name, logo, or copyright of CI.

THIRD PARTY CONTENT Any opinions, statements, services, offers or other Materials or content expressed or made available in the Site regarding or by any third party are those of the respective author(s) or distributor(s) and not of CI. SAFE HARBOR The Materials at the Site may contain various forward-looking statements which may be based on or include assumptions, concerning CI's operations, future results and prospects. These forward-looking statements are based on current expectations and are subject to risk and uncertainties. In connection with such forward-looking statements, CI provides the following cautionary statement identifying important economic, political and technology factors which, among others, could cause the actual results or events to differ materially from those set forth or implied by the forward-looking statements and related assumptions. Such factors include among others, the following: (1) changes in the current and future business environment, including interest rates and capital and consumer spending; (2) competitive factors and competitor responses to CI's initiatives; (3) successful development and market introductions of anticipated products; (4) changes in government laws and regulations, including taxes; (5) unstable governments and business conditions in emerging economies; (6) continuation of the favorable environment to make acquisitions, domestic and foreign, including regulatory requirements and market values of candidates. CHANGES CI reserves the right, at its sole discretion, to change, modify, add or remove any portion of these Terms, in whole or in part, at any time, and correct any errors or omissions in any portion of the Site and Materials. CI is also entitled to discontinue or revise any or all aspects of the Site or the Site itself, at its sole discretion and without notice. Materials contained in the Site may also be changed, modified, added, or removed and updated without notice at any time; however, CI does not undertake and is under no obligation to update or keep current the Site or any Materials contained therein at any time. CI may also make changes in the products, services, programs, or prices (if any) described in the Site at any time without notice. Your continued use of the Site a�er any change to the Site will be considered acceptance of those changes. You should revisit these Terms from time to time to review the then-current Terms, as these will be the applicable binding Terms. INFORMATION PROVIDED BY YOU It has been and remains CI’s policy not to accept or consider ideas, suggestions or Materials other than those that CI has specifically requested from you. Accordingly, CI does not want you to, and you should not, send any confidential or proprietary information or Material to CI through the Site unless specifically requested by CI. Please note that any unsolicited information or Material sent to CI will be deemed not confidential and/or proprietary. By submitting information and Material to the Site, you automatically grant to CI (or warrant that the owner of such information and Material has expressly granted to CI) a royalty-free, perpetual, irrevocable, unrestricted right and license to use, reproduce, display, perform, modify, adapt, publish, translate, transmit and distribute, or otherwise make available to other such information and Material (in whole or in part and for any purpose) worldwide and/or to incorporate it in other works in any form, media, or technology now known or herea�er developed. You also agree that CI is free to use any ideas, concepts, know-how, or techniques that you sent CI for any purpose free of any charge, including without limitation, any royalties or other payments of any kind. As further provided above, CI does not want to receive, and you are deemed to covenant and agree

through the use of the Site not to provide, any information or Materials to CI that are defamatory, threatening, obscene, harassing, in violation of any law, governmental requirements or otherwise unlawful, or that incorporate the proprietary information or Materials of another person or entity.You shall not upload, post or otherwise make available in the Site any information and Material protected by copyright, trademark or other proprietary right without the express written permission of the owner of such right(s). You shall be solely liable for any damages resulting from any infringement of copyright, proprietary rights, or any other harm resulting from such a submission. TRADEMARKS AND COPYRIGHTS The Site contains Materials, which are derived in whole or in part from information and Materials supplied by CI and other sources, and are protected by international copyright, trademark and other laws.The entire content of the Site is copyrighted as a compilation under international copyright laws. Subject to the Terms, CI hereby grants Site users a non-transferable, non-exclusive limited license to access, use and display the Site for personal, non-commercial use only. In addition, one copy of the Site content may be downloaded and printed on a single computer for personal, non-commercial use only provided all copyright and other proprietary notices are adhered to, and no change in or deletion of author attribution is made. This limited authorization is not a transfer of title in the Site’s contents and by your use of the Site, you acknowledge that you do not acquire any license, ownership or other rights to the Site’s contents. Modification of the Site’s Materials or use of such Materials for any other purpose is a violation of CI's or such other sources' copyright, trademark and other proprietary rights and may violate other laws. The use of any such materials on any other Web site or networked computer or environment is prohibited without CI's express written consent. If you breach any of these Terms, your authorization to use the Site automatically terminates and you must immediately destroy any downloaded or printed Materials from the site.No Material from the Site, including - without limitation - any logos and text, may be copied, reproduced, republished, uploaded, transmitted or distributed in any way, unless the Material clearly indicates so to the contrary. Modification of the Materials or use of the Materials contained in the Site for any other purpose is a violation of CI's copyright and other proprietary rights. GOVERNING LAW The Site is owned and provided by CI from its offices in Israel. The Terms are to be governed solely by the laws of the State of Israel, and all disputes regarding them or relating to the Site in any manner will be determined solely by the competent courts in Tel Aviv-Jaffa, Israel, without giving effect to the principle of conflicts of laws. If any provision of these Terms shall be unlawful, void, or for any reason unenforceable, then such provision shall be severable from these Terms, and shall not affect the validity and enforceability of any remaining provisions.Any cause of action you may have with respect to your use of the Site must be commenced within 6 months a�er the claim or cause of action arises.