Noked Israel Ltd

Person Signing this Report on Behalf of Reporting Manager:

Investment discretion with regard to the securities reported herein is exercised by Noked Equity L.P ("Noked Equity"), Noked Long L.P ("Noked Long"), Noked Opportunity L.P ("Noked Opportunity") and Noked Global Equity L.P ("Noked Global") (jointly, the "Partnerships"). The Partnerships are managed, controlled, and operated by their general partners, as follows: Noked Capital Ltd. ("Noked Capital") is the general partner of Noked Opportunity. Noked Global Investments Ltd. is the general partner of Noked Global, and 50% of its shares are held by Noked Capital. Noked Equity Investments Ltd. is the general partner of both Noked Equity and Noked Long, and 64% of its shares are held by Noked Capital. Noked Capital is held as follows (each, a "Noked Capital Shareholder"): 13.8% of its shares are held by Taga S.P. (a company fully-owned by Ariel Hilkiyahu), 50.2% of its shares are held by Noked Israel (2011) Ltd. (a company fully-owned by Roy and Michal Vermous) and 36% of its shares are held by G.I.O. (a company fully-owned by Shlomi Bracha). This Form 13F shall not be construed as an admission by Noked Capital, the general partners, any of Noked Capital Shareholders (including their ultimate shareholders) or any of the Partnerships that it is the beneficial owner of any of the securities covered by this Form 13F, and each of Noked Capital, the general partners, the Noked Capital Shareholders and the Partnerships disclaim beneficial ownership of any such securities. Per informal guidance received from the Division of Investment Management, section 13(f) securities that are dual listed on a U.S. stock exchange and the Tel Aviv Stock Exchange were included in this Form 13F only if they were purchased in the U.S.