Item 4 — Purpose of Transaction
Item 4 of the Schedule 13D is amended to add the following: On June 26, 2025, VBF LP and Phoenix Insurance Company Ltd., through their external legal counsel, sent a letter to the Board of Directors of the Company (the "Demand Letter") requesting that the Company convene an extraordinary meeting of the Company's shareholders (the "Shareholders Meeting") under relevant provisions of the Israeli Companies Law, 5759-1999, and the Company's Amended and Restated Articles of Association (the "Articles"). Pursuant to the Demand Letter, the agenda for the Shareholders Meeting shall be (i) to amend the Articles to permit a general meeting of shareholders, by a simple majority, to cancel a rights plan and require that any similar rights plan adopted in the future become effective subject to approval of the general meeting of shareholders by a simple majority and (ii) subject to approval of item (i), above, to cancel the rights plan adopted by the Board of Directors on April 3, 2025. A copy of the Demand Letter translated from the original Hebrew is filed herewith as Exhibit 4 and incorporated herein by reference. The description of the Demand Letter contained in this Amendment is qualified in its entirety by reference to Exhibit 4 hereto. VBF LP and Phoenix Insurance Company Ltd. have independently concluded that it is in each such shareholder's interest to request a Shareholders Meeting. VBF LP and Phoenix Insurance Company Ltd. issued the Demand Letter solely for the purposes of complying with certain minimum thresholds under the Israeli Companies Law, 5759-1999, and the Articles. Except for the Demand Letter, there is no other agreement between VBF LP and Phoenix Insurance Company Ltd. regarding any cooperation, joint ventures, commitment to vote together or any other agreement of any kind concerning the Company's Ordinary Shares.