Holders of Nano Dimension’s ordinary shares, which are traded on The Tel Aviv Stock Exchange, are entirely unaffected by the new exchange ratio for ADS

NESS ZIONA, Israel, October 7, 2019 – Nano Dimension Ltd., a leading additive electronics provider for electronics (NASDAQ, TASE: NNDM), announced today that it will change the ratio of its American Depositary Shares (“ADSs”) to ordinary shares from each ADS representing five ordinary shares (1:5) to each ADS representing fifty (50) ordinary shares (1:50). This will result in a 1 for 10 reverse split on the ADR program. The ratio change will be effective on October 22, 2019.

For ADS holders, the ratio change will have the same effect as a 1 for 10 reverse ADS split. On the effective date, each ADS holder will be required to exchange every ten (10) ADSs then held for one (1) new ADS. The Bank of New York Mellon, as depositary bank, will arrange for the exchange of the current ADSs for the new ones. There is no change to Nano Dimension’s underlying ordinary shares, and the ADSs will continue to trade on the Nasdaq Capital Market under the symbol “NNDM”. Holders of Nano Dimension’s ordinary shares, which are traded on The Tel Aviv Stock Exchange, are entirely unaffected by the new exchange ratio for ADSs.

No fractional new ADSs will be issued in connection with the change in the ADS ratio. Instead, fractional entitlements to new ADSs will be aggregated and sold by the depositary bank and the net cash proceeds from the sale of the fractional ADS entitlements (after deduction of fees, taxes and expenses) will be distributed to the applicable ADS holders by the depositary bank.

As a result of the change in the ADS ratio, the ADS price is expected to increase proportionally, enhancing the suitability of the ADSs for trading on the Nasdaq Capital Market, although Nano Dimension can give no assurance that the ADS price after the change in the ADS ratio will be equal to or greater than ten times the ADS price before the change.

About Nano Dimension

Nano Dimension (Nasdaq, TASE: NNDM) is a leading electronics provider that is disrupting, reshaping, and defining the future of how cognitive connected products are made. With its unique 3D printing technologies, Nano Dimension is targeting the growing demand for electronic devices that require increasingly sophisticated features. Demand for circuitry, including PCBs - which are the heart of every electronic device - covers a diverse range of industries, including consumer electronics, medical devices, defense, aerospace, automotive, IoT and telecom. These sectors can all benefit greatly from Nano Dimension’s products and services for rapid prototyping and short-run manufacturing. For more information, please visit www.nano-di.com.