The Board of Directors of Ideal announces that the proceeds of the Public Offering from the issuance of the Common Bond Loan (the "CBL") (the "Issuance") amount to €100 million, while the Issuance expenses are estimated at approximately €4.2 million and will be deducted from the total raised funds of the Issuance.

The total valid demand from investors that participated in the Public Offering was €188.58 mil. The broad demand from investors resulted in an oversubscription of the Public Offering by 1.89 times, while the total number of participant investors was 3,559.

The offering price of the Bonds is at par, namely at €1,000 per Bond. The final yield of the Bonds was set at 5.50% and the Bonds’ interest rate at 5.50% per annum.

The Bonds were allocated based on the valid demand at the yield of 5.50%, as follows:

a) 60,000 Bonds (60% of the total number of issued Bonds) to Retail Investors, out of a total number of 79,576 Bonds for which valid offers were submitted (namely, a percentage of 75.40% of the expressed demand in this specific category of investors was satisfied at the specific yield) and

b) 40,000 Bonds (40% of the total number of issued Bonds) to Qualified Investors, out of a total number of 105,555 Bonds for which valid offers were submitted (namely, a percentage of 37.89% of the expressed demand in this specific category of investors was satisfied at the specific yield).