Company Shemen Industries Ltd. TEL AVIV STOCK EXCHANGE

Shemen Yielding Real Estate Ltd, formerly known as Shemen Industries Ltd, is an Israel-based company engaged primarily in the real estate sector. The Company is engaged in activities related to the management and rental of real estate in the domestic market in Israel. The Company is also engaged in locating commercial properties for purchase and improvement purposes. The Company owns multiple properties in Israel in places such as Haifa, among others. All properties which are not in an improvement or development stage are rented to various commercial bodies. The properties owned by the Company are in various sectors with the business and storage properties being an important part of the Company’s portfolio. The Company focuses its activities on a high-yielding property.