To whom it may concern:
Cancelon Ltd. 514617273 (the "Company") of 7 Jabotinsky street, Ramat-Gan, hereby announces that On March 26, 2020, it submitted to the Tel Aviv District Court an application for order to open proceedings regarding the Company. Such order is the Israeli equivalent of the U.S. law "Chapter 11". On March 26, 2020, the Court granted a temporary relief (one-sided stand), in accordance with Section 21(b) of the Israeli Insolvency and Economic Rehabilitation Law. The hearing will take place in the Tel Aviv Court, 1 Weizman street, Tel aviv, in the presence of the honorable judge Iris Lushi-Abudi on April 5, 2020 at 12:00 p.m (Israel time).