Holding of Restricted Shares

Reznik Paz Nevo Trusts provides services for holding restricted shares in accordance with applicable tax laws, mandatory lock up of shares on IPOs, and regulatory requirements.

Services include:

• Holding restricted shares under Sections 103 and 104 of the Israeli Income Tax Ordinance

• Holding shares under Tax Authority pre-rulings and decisions

• Administering lock-up restrictions on IPO-issued shares, in compliance with stock
  exchange regulations