3Rd Annual Capital Markets Conference in Israel

3rd Annual Capital Markets Conference in Israel

Tuesday 13 November 2018 InterContinental David Tel Aviv

Sponsors Partners Agenda

08:00 Registration & Networking Breakfast 11:30 Panel II – IPO Preparation – Perspectives and key insights from listed companies, investors, branding and PR, 09:00 Opening Address and banking for the journey towards listing in London Nikhil Rathi CEO, LSE Plc & Director of International Development, LSEG Moderator: Justine Zwerling Head of Primary Markets – Israel, LSEG 09:10 Keynote Speech Speakers: The Rt. Hon. Lord Pickles Parliamentary Chairman (Lords), Conservative Friends of Israel Vered Toledo COO, Shefa Yamim Giora Bitan EVP & CFO, ECI Telecom 09:20 Keynote Address Dru Danford Head of Corporate Advisory, Shore Capital David Quarrey British Ambassador to Israel Emma Burdett Partner, Maitland/AMO Anthony Carey Partner, Mazars 09:30 ELITE – SMEs & Capital Markets as the Growth Engine of the Economy – ELITE model for Israel – One year on 12:10 Opportunities to Raise Finance Through Global Bond Offering – Scaling, growth and investment through ELITE Darko Hajdukovic Head of Fixed Income, Funds & Analytics, UK Primary Markets, LSEG – Case Study: Israeli Companies on ELITE 12:20 A View from the Deck – Developments in Secondary Markets Moderator: Thomas Tyler Global Head of Sales, ELITE Massimo Butti Derivatives & Cash Trading, LSEG Speakers: Ronen Assia Co-founder and Chief Product Officer, eToro 12:35 ETF Trends & Outlook Moshit Yaffe Co-Founder & CEO, Zirra Fergus Slinger Managing Director and Head of iShares EMEA Sales, BlackRock 10:10 Panel I – Equity Raising Environment in London 12:45 London Stock Exchange Issuer Services Platform – Expanding global investor reach & profile via a London listing Itricia Roberts Internal Services and Spark Manager, LSEG – Latest capital market trends and outlook – Attractiveness for Israeli issuers & case studies 12:55 Closing Remarks – Legal and accounting implications of raising capital in London Tom Attenborough Head of International Business Development – Primary Markets, LSEG Moderator: Simon Fine CEO, Shore Capital 13:00 Networking Lunch Speakers: Penny Judd Chairman, Plus500 14:30 Conference Closes Panos Benos CFO, Energean Tom Attenborough Head of International Business Development – Primary Markets, LSEG Nick Davis CEO, Memery Crystal 10:50 Coffee Break 11:20 Presentation – Mythbusting IPOs James Clark Head of Tech and Lifesciences – Primary Markets, LSEG

One-on-one investor meetings will be available to corporates all day between 8am and 6pm.

3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel Sponsors A world-leading BLACKROCK MAITLAND/AMO IPO market Established in 1988, BlackRock is the leading global Maitland/AMO is Europe’s leading financial, asset manager, serving many of the world’s largest corporate & political communications consultancy companies, pension funds, foundations, and public providing trusted advice and strategic counsel. institutions as well as millions of people from all walks of life. We have the depth of experience to provide you with trusted advice on any communication issue BlackRock has world-class capabilities designed you might encounter, whether your organisation 100+ IPOs £41bn+ for the clients’ greatest needs, with a comprehensive is facing a barrage of press criticism, planning an We saw over 100 IPOs on London Stock Raised in London through IPOs and range of products and services across capital investor roadshow or wants to launch a campaign market sectors as well as asset allocation, portfolio involving a key piece of Government policy. Exchange in 2017, an increase of +66% follow-on capital combined this 2017, management, financial modeling, and risk by number of IPOs compared to 2016, 36% higher than in 2016 management disciplines. We provide company leaders and the heads of and more than anywhere else in Europe major organisations with the communications BlackRock helps investors build better financial strategy they need to win over the audiences that futures and provides the investment and technology matter most to them. We then advocate tirelessly solutions they need when planning for their most for our clients among crucial opinion formers in important goals. the financial community, the media and the political world. As a fiduciary for its clients and as public company, £14.8bn+ 9/10 BlackRock focus is long-term sustainability. We understand the issues companies face in BlackRock aims to be a responsible corporate citizen dealing with the capital markets – whether More than £14.8bn was raised through London’s IPOs became even more and to take into account environmental, social and navigating a difficult earnings announcement, IPOs, nearly 4 times higher than the next international in 2017, with 9/10 of the top governance issues that have real and quantifiable preparing a company and management team European competitor IPOs by size coming from outside of the UK financial impacts over the long-term for the firm for IPO, broadening the mix of a shareholder and the firms in which invest. Long-term responsibility base or expanding sell-side coverage. We provide and sustainability are integrated into the business investor relations training for senior personnel and model and shareholder value creation framework. offer corporate governance best practice advice.

With 70 offices in 30 countries and 135 investment maitland.co.uk teams, BlackRock is a truly global firm that can 20 49 combine the benefits of worldwide reach with local North American companies chose In 2017, 49 companies floated on AIM, service and relationships. As of September 30, 2018, the firm managed approximately $6.44 London for their listing in 2017 the world’s leading international growth trillion in assets on behalf of investors worldwide. market, raising over £2bn blackrock.com £5bn+ Over £5bn has been raised on AIM in follow-on fundraising from existing issuers in 2017, +23% compared to 2016

02 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 03 Think outside the bo

Memery Crystal is entrepreneurial in spirit, commercially aware, international in outlook and pragmatic in approach.

Our market-leading expertise within Capital Markets covers:

- How to list on the London Stock Exchange - Various markets of the London Stock Exchange including Premium, Standard & AIM - Navigating the London process - Key eligibility criteria and applications - Expertise in assisting Israeli companies list in London - Hebrew speakers on our Israeli desk.

We are well-connected to sponsors, nomads and brokers and regularly make introductions for our clients and contacts to the right adviser.

If you are preparing for an IPO why not join the conversation? We speak your language.

memerycrystal.com

J001917 - Thinking outside the box ad_148x210mm.indd 1 18/09/2018 11:25 Sponsors Think MAZARS MEMERY CRYSTAL Think Mazars is a global player in the fields of audit, Memery Crystal is an international law firm, tax and advisory employing more than 20,000 based in London. The firm is commercially aware, professionals in 86 countries, through 300 offices entrepreneurial in spirit, international in outlook outside as a fully integrated partnership. In the UK we are and pragmatic in approach. The firm has a strong outside 2,000 people spread across 18 offices. international focus, with considerable cross-border transactional and dispute resolution experience We work with clients of all sizes, from SMEs to and a strong relationship with other independent mid-caps and global players, as well as start-ups the bo law firms around the world. The firm is a recognised and large listed companies at every stage of their the bo leader in a number of sectors, including corporate, development. We offer a different perspective and commercial, media & technology, natural resources, are committed to providing valuable insights and real estate, banking & finance and retail and leisure. developing enduring relationships. By combining our global thinking with technical expertise, we The corporate team advise on all aspects of equity deliver trust and create value for our clients. capital markets, M&A, debt and private equity for UK and international companies, institutions, Our Israel desk was established to give full service investors and entrepreneurs. We are acknowledged support to Israeli companies in their international market leaders in the small and mid-cap markets activities, monitor and share cross border investment arena advising on IPOs and dual listings on the Memery Crystal is entrepreneurial in spirit, commercially aware, opportunities and assist overseas companies Memery Crystal is entrepreneurial in spirit, commercially aware, Main Market and AIM. We also advise on all international in outlook and pragmatic in approach. establishing a presence in Israel or joint venturing aspects of public and private mergers, acquisitions international in outlook and pragmatic in approach. with Israeli partners. Services are co-ordinated on and disposals with a strong expertise in handling a global basis and are designed to meet our clients’ international M&A transactions. We are consistently needs for multijurisdictional support. We provide Our market-leading expertise within Capital Markets covers: ranked highly in The Legal 500, Chambers UK and Our market-leading expertise within Capital Markets covers: the highest quality services in a proactive and the AIM Advisers Rankings. cost-effective manner and, due to our in-depth - How to list on the London Stock Exchange understanding of local processing nuances, - How to list on the London Stock Exchange memerycrystal.com - Various markets of the London Stock Exchange including Premium, Standard & AIM we can ensure compliance with the laws and - Various markets of the London Stock Exchange including Premium, Standard & AIM regulations of different jurisdictions worldwide. - Navigating the London process - KeyNavigating eligibility the criteria London and process applications The desk is led by Gavriel on the ground in Israel - Key eligibility criteria and applications and is fuelled by international experts who share - Expertise in assisting Israeli companies list in London the same vision and collaborative mindset. - HebrewExpertise speakers in assisting on our Israeli Israeli companies desk. list in London - Hebrew speakers on our Israeli desk. mazars.co.uk We are well-connected to sponsors, nomads and brokers and regularly make introductionsWe are well-connected for our clients to sponsors and contacts, nomads to theand right brokers advis ander. regularly make introductions for our clients and contacts to the right adviser.

If you are preparing for an IPO why not join the conversation? If you are preparingWe for speak an IPO your why language. not join the conversation? We speak your language.

04 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel memerycrystal.com 05 memerycrystal.com

J001917 - Thinking outside the box ad_148x210mm.indd 1 18/09/2018 11:25 J001917 - Thinking outside the box ad_148x210mm.indd 1 18/09/2018 11:25 Sponsors

SHORE CAPITAL

Shore Capital Markets is a leading independent securities business offering institutional and corporate client’s investment banking, research, sales and trading services. Since 2014, we have Excellence Integrated raised over £6bn for our clients. £6bn+ Shore Capital Markets is a leading Shore Capital is represented across the UK offering Raised since an extensive research and sales capability with Jan 2014 independent securities business comprehensive distribution to institutions and small offering institutional and corporate and mid-cap companies. Our distribution capability is complemented by our experienced Corporate client’s investment banking, Advisory and Corporate Broking teams, dedicated research, sales and trading to offering innovative and valued advice to companies on AIM and the Main Market. Shore Capital Markets services. is also one of the largest market makers in the London market; being the third largest market maker on AIM by number of stocks traded.

Our research on over 200 companies is distributed to an extensive institutional client base and covers a wide range of sectors including Consumer, Financials, Healthcare, Natural Resources, Real Estate, Support Our Corporate Broking and Advisory Team have extensive experience advising Services, Technology, Media, Travel and Leisure, and Israeli businesses on how best to approach the London markets, to realise their small and mid-cap companies. We currently have approximately 75 retained corporate clients with an ambitions and objectives to build businesses that deliver value to stakeholders. average market capitalisation of over £350 million. Shore Capital is represented across the UK offering an extensive research and sales shorecapmarkets.co.uk capability with comprehensive distribution to institutions and small and mid-cap companies. Our distribution capability is complemented by our experienced Corporate Advisory and Corporate Broking teams, dedicated to offering innovative and valued advice to companies on AIM and the Main Market. Shore Capital Markets is also one of the largest market makers in the London market; being the third largest market maker on AIM by number of stocks traded. Our research on over 200 companies is distributed to an extensive institutional client base and covers a wide range of sectors including Consumer, Financials, Healthcare, Natural Resources, Real Estate, Support Services, Technology, Media, Travel and Leisure, and small and mid-cap companies. We currently have approximately 75 retained corporate clients with an average market capitalisation of over £300 million.

For more information please contact: Simon Fine | Chief Executive Officer Dru Danford | Head of Corporate Advisory [email protected] [email protected]

www.shorecapmarkets.co.uk Follow Shore Capital Shore Capital and Corporate Limited and Shore Capital Stockbrokers Limited are authorised and regulated by the Financial Conduct Authority (FRNs 06 3rd Annual Capital Markets Conference in Israel 1466293rd Annual and 124784 Capital respectively). Markets ShoreConference Capital inStockbrokers Israel Limited is also a member of the London Stock Exchange. 07

Shore Capital_LSE Isreal Conference 2018.indd 1 10/09/2018 15:00:52 Partners RELEASE THE BEAST ISRAEL ADVANCED TECHNOLOGY IVC RESEARCH CENTER INDUSTRIES (IATI)

IATI is Israel’s umbrella organization of the high-tech, IVC Research Center is the leading online provider life science and other advanced technology industries, of data and analyses on Israel’s high-tech, venture with hundreds of paying members from every level capital, and private equity industries. and aspect of the ecosystem - including Venture Capital Funds, Israeli R&D Centers of Multinational Its information is used by all key decision-makers, Companies, Start-Ups, Incubators & Accelerators, strategic and financial investors, government Tech Transfer Organization, Academic Institutions, agencies, and academic and research institutions Innovation Centers, Hospitals, Municipalities, Leading in Israel. IVC-Online Database (www.ivc-online.com) Stock Exchanges, Service Providers and more. Through showcases over 8,000 Israeli technology startups, this broad range of members, IATI connects Israel’s and includes information on high-tech companies, tech ecosystem, provides solutions and support at investors, venture capital and private equity all levels, and integrates the various sectors of the funds, angels, incubators, accelerators, investment industry with strategic and ongoing governmental firms, professional service providers, investments, goals. We are active in the fields of local and global financings, exits, acquisitions, founders, key networking, business development, Knesset lobbying, executives, and multi-national corporation centers. promotion of STEM education, and event and Publications include newsletters; Daily Alerts; the conference hosting. We represent Israel in strategic IVC Magazine; surveys; research papers and reports; cooperation agreements with various foreign countries and interactive dashboards. IVC Industry Analytics – and regions to promote mutual R&D and trade interests analysis, research and insights into the status, main and provide our members with access to top-tier R&D, trends, and opportunities related to exits, investments, marketing, and financial service providers, venture investors, sectors, and stages, as well as API services capital investors, top-tier global delegations, and much allowing customers to integrate their information more. We also support government activity, advocate systems with IVC-Online Database. for public policies that encourage Israeli innovation and entrepreneurship; represent Israel in strategic ivc-online.com cooperation agreements with various foreign countries and regions to promote mutual R&D and trade interests; and actively generate global business opportunities for our members. Our Forums and Committees meet on ASTON MARTIN ISRAEL INVITES YOU TO DISCOVER THE ALL-NEW VANTAGE, a regular basis to brainstorm and launch projects to support Industry interests such as; tax policies, IP AN INTENSE AND BEAUTIFUL DESIGN CREATION AND THE PERFECT DRIVING MACHINE. protection, STEM education, and more. We aim to advance the high-tech & life science industries and position them as leadingIsraeli and global trades. Aston Martin showroom: Lechi 24, Bnei Brak | To schedule your private viewing: iati.co.il Gilad Rahat: 052-2662226

6 Vantage

15 8 14.2 Vantage 08 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 09 Issuer Services

London Stock Exchange’s Issuer Services is a new online portal designed to give issuers access to a wide range of products, services and content. This new digital platform allows issuers to create their own story for the investors community, whilst also accessing all London Stock Exchange Group services in one place.

How do I log in? How can I add users? In order to gain access to Issuer Services, Click on the wheel in the top right-hand you will need to register with us. corner to add a colleague and designate 2. Access your data What will viewers see? them one of the following roles: Not only showing the real-time data, we First-time users will need to register at Issuer The viewers will see the branded pages of the are the only exchange in the world to share Services via [email protected] or — Administrator – can add colleagues and company, consisting of: Artificial Intelligence analysis insights with click ‘Email Us’ at the Issuer Access. The edit the company profile page our issuers through partnership with Irithmics. 1. Company overview Issuer Services platform can be accessed — Editor – can edit the company profile page This gives you the tools to be proactive and 2. About via www.lsegissuerservices.com but not add colleagues reactive to your share price. 3. Prices and trades For registered users, a Magic Link will be sent 4. Fundamentals — User – can only view the contents from [email protected] to the 3. Discover LSEG services of the platform. registered email address. The new Magic Link Set up in a simple, understandable way for will need to be used every time you log off. This can be done by simply adding the issuers to use our LSEG services with exclusive Magic Link individual’s email address and sending. offers to most of our issuers. Access to these services through the Issuer Services platform will not be possible without The portal requires an individual at each 4. Find out more about registering for the Magic Link. of the issuers to be an Administrator. Marketplace companies Once registered, the Administrator can invite Sign in Marketplace is a repository for services which colleagues to use the platform. Enter the email address registered with us are relevant to our issuers. It is an online business Contact us to receive the Magic Link. to business, vetted by the Issuer Services team, If you have any further questions, Not registered with Issuer Services? What can I do after I log in? presented and curated for the issuers. please contact the Issuer Services Team. Email Us 1. Edit your company profile 5. Watch inspiring content Telephone +44 (0)20 7797 1735 LSE is the only exchange in the world to give Email address Spark is a thought leadership platform through [email protected] issuers access to update their profile pages. digital and events with a diverse group of Add any media and content you like, including advisors, investors and companies. Digital social media, to connect with customers Send Magic Link knowhow and thought leadership content you and investors. can author and distribute to circa 2 million unique visitors per month.

10 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 11

/s ZĞƐĞĂƌĐŚĞŶƚĞƌ KƵƌDĂŝŶ^ĞƌǀŝĐĞƐ

Speakers /s ZĞƐĞĂƌĐŚĞŶƚĞƌŽĨĨĞƌƐƚŚĞŵŽƐƚƵƉĚĂƚĞĚĚĂƚĂ͕ĞŵĞƌŐŝŶŐƚƌĞŶĚƐ ĂŶĚƵƐĞĨƵůŝŶƐŝŐŚƚƐĂďŽƵƚƚŚĞ/ƐƌĂĞůŝŚŝŐŚƚĞĐŚĞĐŽƐǇƐƚĞŵƐŝŶĐĞϭϵϵϳ͕ ĞŶĂďůŝŶŐĐůŝĞŶƚƐƚŽŝĚĞŶƚŝĨǇŽƉƉŽƌƚƵŶŝƚŝĞƐǁŝƚŚĂĐĐĞƐƐƚŽƚŚĞůĂƚĞƐƚ Ronen Assia Panos Benos ŶĞǁƐ͕ƚƌĞŶĚƐĂŶĚĚĞǀĞůŽƉŵĞŶƚƐ͘ Co-founder and Chief Product Officer, eToro CFO, Energean For the past 20 years, Ronen has been Mr. Benos has extensive experience successfully merging technology and of working on international projects KŶůŝŶĞĂƚĂďĂƐĞ design together into useful and accessible in the oil & gas sector, both in banking &ĞĂƚƵƌĞƐ͗ŵŽƌĞƚŚĂŶϴ͕ϬϬϬ͕/ƐƌĂĞůŝŚŝŐŚͲƚĞĐŚ͕ĐŽŵƉĂŶŝĞƐ͕sĨƵŶĚƐ͕W͕ĨƵŶĚƐ͕ĂŶŐĞů products, defining interactive experiences and industry, with a long track record of ŝŶǀĞƐƚŽƌƐ͕ĂĐĐĞůĞƌĂƚŽƌƐ͕ŝŶĐƵďĂƚŽƌƐĂŶĚĚĞƚĂŝůƐŽŶŵŽƌĞƚŚĂŶϰϬ͕ϬϬϬĞǆĞĐƵƚŝǀĞƐ across various devices and platforms. upstream financings in emerging markets. Prior to co-founding eToro in 2007, Ronen has He joined Energean from Standard Chartered Bank, designed products ranging from medical devices, where he worked as a Director in their London Oil & /ŶĚƵƐƚƌǇŶĂůǇƚŝĐƐ household appliances as well as numerous desktop Gas team to deliver a number of significant projects and web applications. Ronen holds a BA in Industrial and acquisitions in Africa, Asia and Middle East. dŚĞ/ƚŽŽůƉƌŽǀŝĚĞƐŝŶƐŝŐŚƚƐĂŶĚŵĂĐƌŽůĞǀĞůĂŶĂůǇƐŝƐŽĨƚŚĞ/ƐƌĂĞůŚŝŐŚͲƚĞĐŚŝŶĚƵƐƚƌǇ Design from Bezalel Academy of Art and Design, Mr. Benos previously worked for ConocoPhillips, Jerusalem and an MA in Product Design from the where he held positions in European Treasury, North Royal College of Art, London. Today Ronen oversees Sea Economics and International Downstream, with ^ĐŽƵƚŝŶŐ^ĞƌǀŝĐĞƐ the product and engineering departments for eToro. a focus on the North Sea, Central Europe and Middle ƐĞƌǀŝĐĞĨŽƌůŽĐĂƚŝŶŐ/ƐƌĂĞůŝƐƚĂƌƚƵƉƐ͗ŽĨĨĞƌŝŶŐŽŶĞͲŽŶͲŽŶĞŵĞĞƚŝŶŐƐǁŝƚŚůŽĐĂů East business. Mr. Benos began his career with Royal /ƐƌĂĞůŝŵĂŶĂŐĞŵĞŶƚ Tom Attenborough Bank of Scotland. He is a Chartered Accountant (ICAS) and holds an MSc in Shipping, Trade & Finance from Head of International Business Development – Cass Business School. Primary Markets, LSEG ƵƐƚŽŵŝǌĞĚZĞƉŽƌƚƐ /s ĐŽŶĚƵĐƚƐĂǁŝĚĞͲƐĐĂůĞƐĞĂƌĐŚŝŶƚŽƚŚĞ/ƐƌĂĞůŝŚŝŐŚͲƚĞĐŚĞĐŽƐǇƐƚĞŵ͕ĂŶĂůǇǌŝŶŐ Tom joined the London Stock Exchange Group in September 2013 and is Head Giora Bitan ŝŶĚƵƐƚƌǇƚƌĞŶĚƐĂƐŶĞǁǀĞƌƚŝĐĂůƐĂƌĞĚĞǀĞůŽƉĞĚ of International Business Development EVP & CFO, ECI Telecom within Primary Markets. In this role, Tom Giora Bitan rejoined ECI as EVP and advises UK and international companies Chief Financial Officer (CFO) in 2010, W/tĞď^ĞƌǀŝĐĞƐ and their owners on the process of going public having previously served in this position /s W/ŝƐĂƐĞƚŽĨǁĞďƐĞƌǀŝĐĞƐĞŶĂďůĞƐ/s’Ɛ ĐƵƐƚŽŵĞƌƐƚŽŝŶƚĞŐƌĂƚĞƚŚĞŝƌ and life as a listed company on London’s markets. from 2002 to 2007. Giora brings over ŝŶĨŽƌŵĂƚŝŽŶƐǇƐƚĞŵƐǁŝƚŚ/sͲKŶůŝŶĞĂƚĂďĂƐĞŝŶĂƐĞĂŵůĞƐƐƚƌĂŶƐƉĂƌĞŶƚǁĂǇ Prior to joining London Stock Exchange, Tom was 28 years of experience and leadership at Citigroup for over 15 years as a Managing Director in high technology. From 1982-1996, he worked in the Equity Capital Markets division, originating, at Scitex Corporation, then one of Israel`s leading /sDĂŐĂǌŝŶĞ structuring and executing equity and equity-linked NASDAQ-listed technology firms, including nine WƵďůŝƐŚĞĚƚǁŝĐĞĂǇĞĂƌĂŶĚŝŶĐůƵĚĞƐĂƐƵŵŵĂƌǇŽĨĐĂƉŝƚĂůƌĂŝƐŝŶŐ͕ĞǆŝƚƐ͕ transactions across UK, Europe, Middle East and Africa. years as the CFO. Giora has also spent part of his He has originated, structured and executed large career as a venture capitalist. From 1997-2002, ŵŽƐƚĂĐƚŝǀĞĨƵŶĚƐĂŶĚĚĞĂůƐ number of IPOs and follow-on capital raisings over he was a General Partner at Giza Venture Capital the years, including many involving a London listing. and more recently, he was the Managing General Prior to Citi, Tom worked in Kleinwort Benson’s Partner of Poalim Venture Partners. Giora holds ǀĞŶƚWƌŽĚƵĐƚŝŽŶ Equity Capital Markets team from 1994 to 1997. an MBA from UCLA and a BA in Economics and /s ŽĨĨĞƌƐƉƌŽĚƵĐƚŝŽŶƐƐĞƌǀŝĐĞƐ͕ŽƌŐĂŶŝǌŝŶŐĂŶĚƉƌŽŵŽƚŝŶŐǇŽƵƌ Tom graduated from Oxford University with a BA International Relations from the Hebrew ŶĞǆƚĞǀĞŶƚ͗ŐƵĞƐƚůŝƐƚ͕ƐƉĞĂŬĞƌƐ͕ǀĞŶƵĞ͕ŵĂƌŬĞƚŝŶŐĂŶĚŵŽƌĞ (Hons) degree in Philosophy, Politics and Economics. University in Jerusalem. ͲŝƌĞĐƚ ƵƐƚŽŵŝǌĞĚĞͲŵĂŝůĚŝƐƐĞŵŝŶĂƚŝŽŶ͗ĂŶĞĨĨĞĐƚŝǀĞǁĂǇƚŽƌĞĂĐŚƚĂƌŐĞƚĞĚ ĂƵĚŝĞŶĐĞŽƌƉŽƚĞŶƚŝĂůĐůŝĞŶƚƐĂŶĚƉƌŽŵŽƚĞǇŽƵƌĐŽŵƉĂŶǇΖƐƉƌŽĚƵĐƚƐĂŶĚ ƐĞƌǀŝĐĞƐ

12 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 13 ǁǁǁ͘ŝǀĐͲŽŶůŝŶĞ͘ĐŽŵ ŝŶĨŽΛŝǀĐͲŽŶůŝŶĞ͘ĐŽŵ Speakers

Emma Burdett Massimo Butti Partner, Maitland/AMO Derivatives & Cash Trading, LSEG Worked at Maitland/AMO for 10 years Max started his career in Switzerland as and sits on the Board of the Investor equity option and futures trader. He worked Relations Society and is also Chair of in derivatives sales, trading and structuring the Policy Committee. Emma is one of for global banks Societe’ Generale and the partners at Maitland/AMO and heads Merrill Lynch before joining LIFFE in 2001 the investor relations and governance practice and where he was responsible for Single Stock Futures, the has worked on a wide variety of key client projects acquisition of Cscreen and the launch of Bclear. From in this developing area, from unlisted to FTSE 100 2006 to 2010 he was Strategic Development Director at companies. Emma joined Maitland/AMO after 14 years Liquid Capital Securities. In 2011 he founded software as an equity investment analyst in the City. Her last consulting boutique Sofistar and in 2014 he joined LSEG senior role was at ABN Amro, where she was Global where he was appointed Head of Business Development Sector Director for the general retail sector. With an with responsibility for equity derivatives products in extensive network of investor and sell side analyst 2016. Max holds a BA in Philosophy, Politics and History contacts, Emma has also developed close working from Birkbeck College and is a Chartered Alternative relationships with many of the independent broking Investment Analyst. He is a member of the Financial houses as well as the traditional integrated banks. Derivatives Diploma Panel of the Chartered Institute Emma’s IR role at Maitland/AMO has included work for Securities and Investment and a holder of the on Halfords, Moneysupermarket, Nasdaq OMX, Cable Investment Management Certificate from the & Wireless Communications, Tesco, Premier Foods CFA Society of the UK. and Xchanging. Emma sits on the Board of the Investor Relations Society. She is also Chair of the Anthony Carey IRS Policy Committee, a significant influence in the Partner, Mazars UK regulatory and corporate governance environment, interacting regularly with regulators and key industry Anthony Carey is a partner and leads bodies. The IRS is Europe’s leading professional body the board practice in the UK. He also for IR practitioners and is responsible for assisting takes an active role in thought leadership the 400-plus corporate members achieve excellence issues and public interest issues related in investor relations, whilst representing their views to the profession especially in the areas to government, finance and industry. of corporate responsibility and human rights. Anthony is actively involved in Mazars’ Business. For Good initiative, is co-author of Mazars’ Board Charter for Sustainable Success and co-developed the firm’s Board Polarities model. He is also a lead for the Centre for Audit Committee and Investor Dialogue, a joint initiative between Mazars and a number of leading institutional investors. Anthony is a chartered accountant and chartered director and is an experienced facilitator of board effectiveness reviews across a range of sectors, including financial services. He is a member of the FRC Financial Reporting Lab Steering Group and also serves on the executive of the Quoted Companies Alliance. He is a past member of the FRC’s Financial Reporting Review Panel and was project director for the original Turnbull Report dealing with risk management and internal control.

14 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 15 Speakers

James Clark Nick Davis Head of Tech and Lifesciences CEO, Memery Crystal – Primary Markets, LSEG Nick Davis is Chief Executive of Memery James joined the London Stock Exchange Crystal and a senior corporate partner. in January 2016 in Business Development Nick specialises in corporate finance and with a sector focus on the Technology and is one of London’s leading lawyers in the Lifesciences industries. James brings this small and mid-cap equity capital markets sector focus to help startups and investors arena. Nick specialises in advising international by demolishing the myths around public markets. companies on accessing the public markets both James is based in London but integrates with colleagues the Main Market and AIM with an emphasis on the across Europe, Israel, Asia and the rest of the world. natural resources and technology sectors. Nick is Over nearly 20 years, James has developed a broad the only lawyer who sits on the AIM advisory group range of experience in marketing, policy and deep is recognised by both Chambers and Legal 500 for industry knowledge around venture funding and tech his expertise and commercial, no nonsense advice. startups. In recent years, as a “one man think tank” at the British Venture Capital Association, James Simon Fine published policy research into the role of technology CEO, Shore Capital and innovation. His three major research papers Tech Discover the Country, The Missing Piece, and VC Evolved, looked at Simon Fine has a 15 year track record how early stage entrepreneurship interacts with sources of success at Shore Capital since joining of growth funding. Alongside this work, James was a in 2002 as CEO of Shore Capital Markets, founding member of the Tech City UK Cluster Alliance and is responsible for all aspects of trading world’s leading as well as the founder of TLA Triage, a free advice and brokerage as well as the integration service for startups under the auspices of Tech London of related corporate broking activities. He is the former Advocates. James has an MBA from Cass Business Managing Director and Co-Head of Pan European School in London and a BA in Political Science from Equity Cash Trading at Lehman Brothers. Prior to growth market. Macquarie University in Sydney. that, Simon spent the previous 14 years at Dresdner Kleinwort Benson, latterly as Head of Pan European Equity Cash Trading – developing its UK operations Dru Danford into one of the leading players in the UK and Head of Corporate Advisory, Shore Capital German equities. Dru Danford is Head of Corporate Advisory at Shore Capital, having joined in 2004. He qualified as a Chartered Accountant Are you looking for long term growth capital with Ernst & Young in 1997 before moving into investment banking in 1999. Over the to fund your company ambitions? past 20 years, Dru has specialised in the quoted mid and small-cap segment of the market from both a Download out latest publication, A Guide for financial advisory and corporate broking perspective. Dru has successfully led numerous transactions Entrepreneurs, to gain insights from leading including IPOs, fundraisings, acquisitions, disposals and takeovers across a wide range of sectors on both founders of AIM companies. AIM and the Main Market.

www.londonstockexchange.com/AIMforgrowth 16 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 17 Speakers

Darko Hajdukovic Penny Judd Head of Fixed Income, Funds & Analytics, Chairman, Plus500 UK Primary Markets, LSEG A chartered accountant with over 30 Darko Hajdukovic is Head of Analytics, years City and financial services experience, Fixed Income and Funds for the specialising in Compliance, Governance, London Stock Exchange’s Capital Markets Regulation, Corporate Finance and responsible for primary market offering Audit. Extensive City network, executive for international companies, debt and management and Board experience. After graduating investment funds. Darko has extensive experience from UCL in Chemical Engineering Penny joined KPMG in equity and fixed income transactions on public in 1984 where she qualified as a chartered accountant markets. Darko joined the Exchange in 2007 as before undertaking a number of audit, advisory Debt product manager looking after primary fixed and corporate finance roles including a period of income business. Before joining the Exchange, secondment to the London Stock Exchange between he was an independent consultant specialising 1991 and 1992. In 1994 Penny left KPMG to join the in financial regulation and regulatory economics. UK Listing Authority (then part of the London Stock His previous engagements include working for Exchange) where she managed the Equity Markets the European Commission and DLA Piper, where Division responsible for admission of companies to he focused on various projects assessing the the Official List and AIM and regulation of listed effectiveness of the EU regulation and its impact companies. In 2000 Penny moved to a front office on the economic development. He also acted as a role at Cazenove bringing companies to the main consultant on several privatisations in Central and market as well as advising on some significant M&A Eastern Europe. Darko holds a doctorate in economics and capital-raising for listed large and small cap from University of London. Darko is a member of the companies. Penny joined UBS in 2003 becoming EMEA Royal Economic Society. Head of Compliance for the investment bank and also having UK Compliance management oversight for the wealth and asset management business before joining Nomura in 2012 as a member of the 12 strong European Executive Committee as EMEA Head of Compliance holding Senior Management Function 16. In 2016 Penny stood down from Nomura to pursue a portfolio career comprising Compliance consultancy, senior interim and non-executive roles and joined the Board of Plus500 as non-executive. In June 2017 Penny became non-executive Chairman of Plus500, a FTSE 250 listed company operating an online trading platform for retail customers to trade CFDs over more than 2,100 underlying global financial instruments comprising equities, indices, cryptocurrencies, commodities, options, ETFs and foreign exchange. Penny is also a non-executive Board member and Chair of Audit Committee for AIM listed companies Trufin plc, Alpha Financial Markets Consulting plc and Team17 plc. Penny has excellent contacts with key regulators and exchanges and has been an active member of a number of trade associations including acting as deputy chair of AFME Compliance Committee. She has spoken at a number of industry events and conferences including on Conduct Risk and ethics in banking.

18 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 19 Speakers

The Rt. Hon. Lord Pickles The Lord Polak CBE Parliamentary Chairman (Lords), Hon. President Conservative Friends of Israel Conservative Friends of Israel Lord Polak was elevated to the House Lord Pickles was the Conservative of Lords in October 2015. He has sat on the Member of Parliament for Brentwood EU Justice Sub-Committee since May 2016, and Ongar from 1992 until 2017. He was and the European Union Committee since the Secretary of State for Communities October 2018. Lord Polak was appointed and Local Government from 2010 to 2015, as only the second Director of Conservative Friends and the Chairman of the Conservative Party from 2009 of Israel in 1989, a position which he held until 2015 to 2010. Lord Pickles was appointed a Knight Bachelor when he was made Honorary President. In March in May 2015 for his services to local government, 2015, he was awarded the CBE for political services and was elevated to the House of Lords in June 2018. to Conservative Friends of Israel. Born in Liverpool Throughout his political career, Lord Pickles has in 1961 where he grew up and was educated, been a tireless advocate for Israel and the Jewish Lord Polak began his career working for the Board community. He has joined Conservative Friends of of Deputies of British Jews in 1984 as Education Israel (CFI) on numerous delegations to the Israel, Director. He has coordinated and led more than first visiting the country with CFI in 1994, and served 150 Conservative Friends of Israel delegations of as CFI’s Parliamentary Chairman from May 2015 politicians to Israel over 28 years and through this until he stood down as a Member of Parliament in he has developed extensive relationships with MPs, April 2017. He was appointed CFI’s Parliamentary Peers, MEPs and advisors throughout all levels of Chairman in the House of Lords after his ennoblement the Conservative Party. in June 2018. Lord Pickles currently leads the UK Government’s work on post-Holocaust initiatives, David Quarrey working with academics, survivors and educational British Ambassador to Israel and social organisations in the UK, having been appointed as the Prime Minister’s Special Envoy David Quarrey has been serving as for Post-Holocaust Issues in September 2015. British Ambassador to Israel since He has played an integral role in the planning for 2015. He joined the FCO (foreign and a new national Holocaust Memorial and Learning commonwealth office) in 1994. Before Centre. Lord Pickles was instrumental in the drafting being appointed as Ambassador to Israel of the International Holocaust Remembrance he was Director for the Near East and North Africa. Alliance’s (IHRA) definition of anti-Semitism, He has previously worked as a Private Secretary to which Prime Minister Theresa May announced the Prime Minister Blair and as Director for Foreign Policy UK would be adopting at CFI’s Annual Business Lunch in the National Security Secretariat. He has served in December 2016. The IHRA definition is now used overseas at the UK Mission to the United Nations by UK police, councils, universities, and schools. in New York, and in New Delhi and Harare. Lord Pickles has led a number of high profile CFI parliamentary delegations to Israel and the West Bank. In February 2017, Lord Pickles planted a tree at the Yad Kennedy Memorial in the Aminadav Forest in Jerusalem in honour of his knighthood, accompanied by three former Secretaries of State.

20 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 21 Speakers

Nikhil Rathi Fergus Slinger CEO, LSE Plc & Director of International Managing Director and Head of iShares Development, LSEG EMEA Sales, BlackRock Nikhil was appointed as Chief Executive Fergus Slinger is head of Scaled IATI Promotes and Supports the Entire High Tech and Life Officer of LSE plc in September 2015. Distribution and Strategic Clients for Science industries with Hundreds of Paying Members He also has Group-wide responsibilities iShares EMEA. Mr Slinger is also a member for International Development. of the iShares EMEA Executive Committee. He is a member of the LSEG Executive Mr. Slinger’s service with the firm dates Committee. He joined LSEG in May 2014 as Director back to 2014 where he was previously Co-Head of Entrepreneurs of International Development and Chief of Staff from iShares EMEA Sales and Head of UK Sales. Prior to the UK Treasury, where he held a number of senior this, from 2009-2013, Mr Slinger worked for Barclays positions over an eleven year period. Most recently Investment Bank as Head of UK and EMEA Equity Academia he was Director of the Financial Services Group, Derivative Sales. From 1997-2009 he worked at representing the UK Government’s financial services Deutsche Bank, initially in Equity Strategy/Quant/ interests in the EU and internationally. He served Economics Research and then Equity Derivative as the UK representative on the EU Financial Services Sales; lastly as Head of UK Institutional & EMEA Hospitals Committee. Prior to that, he was Head of the Financial Hedge Fund Teams. Mr. Slinger earned a BA, with R&D Centers Stability unit, overseeing a number of the UK’s honors, from the University of Durham in 1997. MatureCompanies Israeli financial stability interventions during the crisis. Mr. Slinger is also a CFA Charterholder. Innovation Nikhil also served as Private Secretary to the UK Centers Prime Minister for three years from 2005 to 2008. Vered Toledo Venture COO, Shefa Yamim Capital funds Itricia Roberts Vered Toledo, Chief Operating Officer, Multinational Internal Services and Spark Manager, LSEG has led Shefa Yamim’s exploration and Companies Itricia Roberts, Relationship Manager operations in Akko for over 19 years. Business development, Issuer Services. During this time, she has collaborated Tech Transfer Itricia joined the London Stock Exchange with some of the world’s leading experts O ces in November 2015. Since joining, Itricia has and international geologists. She is responsible Start-ups been responsible for delivering a new for field, plant and laboratory activities, as well ExchangesStock platform for issuers, which is focused on connecting as overseeing staff affairs. Vered has attended issuers with data, services and content. Prior to courses in Business and Administration and Rough joining Issuer Services Itricia helped companies Diamonds at the International Gemmological Centre. Development ProvidersService admit to trading. Itricia has over 5 years’ experience She has extensive in-field experience with a focus Incubators Economic working in financial services both in ECM and Leverage on gemstones and especially the rare, potential O ces finance at GE capital as a trade capture. Itricia Natural MoissaniteTM (SiC) and Carmel SapphireTM holds a master’s in international law and spent time discoveries. In the past, Vered served as a Private overseas interning at the United Nations Headquarters commander in the Israeli Air Force. investors in NYC, attending General Assembly hearing to discuss the Millennium Development Goals. Prior to this Itricia volunteered for ReneCassin, Jewish human rights NGO. Municipalities

Connecting Israel’s tech ecosystem

To learn more about joining IATI: T: +972 73713 6313 / [email protected] / www.iati.co.il Herzliya Pituach, Israel

22 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 23 Speakers

Thomas Tyler Justine Zwerling International Securities Market Global Head of Sales, ELITE Head of Primary Markets – Israel, LSEG Tom joined ELITE as Global Head of Sales Justine is an expert in assisting businesses in February 2017. Prior to joining ELITE, to achieve their goals of global growth. Tom was Global Head of Corporate and Working with private sector businesses ISM OVERVIEW PROCESS EFFICIENCY investors, ISM rules incorporate Investor Access business at Bloomberg. with global aspirations she examines, International Securities Market LSE is aware of the challenging simplified requirements relating He has worked extensively with public defines and successfully implements (ISM) is an exchange-regulated time frames under which issuers to a number of areas. and private corporates as well Government agencies market entry strategies utilizing the skills and the market which operates and their advisers have to operate alongside London Stock in the Eurobond market and are and other third parties across the globe in advising connections in her extensive professional network. KNOWLEDGEABLE DEBT TEAM Exchange plc’s (LSE) other fixed committed to ensuring a smooth and executing engagement with the investment With 20 years of senior level experience working Debt specialists will utilise income markets, offering a full and efficient process. LSE has a community. Prior to joining Bloomberg Tom spent across Europe the Middle East, Indo-China and Africa their strong relationships with suite of options for issuers. team of debt specialists who 12 years as a pan-European & mid-small cap specialist to help business grow and succeed in new geographical market practitioners to ensure where he was consistently ranked Top 3 broker markets, she has successfully built an unrivalled will consider eligibility for This innovative market is a collaborative approach where across mid-small cap sales in Europe. He ran research network and have earned her reputation “as someone admission to trading within targeted at professional issuers and their advisers are and sales teams at ING, Commerzbank after starting who achieves results”. strict turn-around timings. able to engage with LSE early on his as an analyst at HSBC. Tom has also worked investors from around the at the World Bank and graduated from University world. ISM has been designed in the application process. CUSTOMER-CENTRIC APPROACH of Edinburgh (MA Hons) U.S History & Politics. to meet the demands of Although ISM draws on issuers and investors to PRESTIGE Prospectus Directive rules, improve the effectiveness Listing on LSE offers issuers Moshit Yaffe it is not restricted by similar and competitiveness of the enhanced prestige and Co-Founder & CEO, Zirra prescriptive requirements. Based UK primary debt markets, recognition among the global Zirra is a technology company that on extensive dialogue with providing greater choice for a investor community. The analyses companies based on public market participants and variety of fixed income issuers. benefit of the London finance information and Artificial Intelligence (AI). Moshit is a seasoned investment ‘ecosystem’ means that debt and management professional. Prior to market specialists are close at founding Zirra, she founded a boutique investment hand to help ensure an efficient banking firm that successfully raised over $70M for listing process. 15+ clients. Prior to that, she was the CEO of Vigilant LSE can also help raise issuer Technologies and led the company through its IPO on LIQUID PROCESS profiles through Market Opens AIM. Moshit is an attorney who earned her LL.B. from and other dedicated events. the Interdisciplinary Center (IDC) Herzliya. MARKETS EFFICIENCY

LIQUID MARKETS LSE can provide issuers and investors with complementary fixed income trading services that can support market liquidity CUSTOMER- and price transparency. PRESTIGE CENTRIC APPROACH

For more information, KNOWLEDGEABLE contact the team at DEBT TEAM [email protected] or call +44 (0)20 7797 3921

24 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 25 Notes

26 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference in Israel 27 Notes

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28 3rd Annual Capital Markets Conference in Israel 3rd Annual Capital Markets Conference inin IsraelIsrael 29i Justine Zwerling Head of Primary Markets Israel, London Stock Exchange Group [email protected] +97 25 2398 3359

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