Item 4 — Purpose of Transaction
On July 27, 2026, the Reporting Persons delivered a demand letter to the Issuer pursuant to the Israeli Companies Law, 5759-1999, and the Issuer's Amended and Restated Articles of Association (the "Articles of Association") requesting that the Issuer convene a special general meeting of shareholders. A copy of the demand letter is attached hereto as Exhibit 3 and is incorporated herein by reference. In the demand letter, the Reporting Persons requested that the agenda for such meeting include proposals to amend certain provisions of the Issuer's Articles of Association relating to the election and removal of directors, remove certain incumbent directors, elect four director nominees proposed by the Reporting Persons and approve compensation, exemption, indemnification and insurance arrangements for such nominees. The Reporting Persons intend to continue engaging with the Issuer's board of directors, management, shareholders and other interested parties regarding the foregoing matters and may take such actions as they deem appropriate in connection therewith, including seeking shareholder support for the proposals described in the demand letter and exercising any rights available to them under applicable law.