Mr. Yossi Lapovsky reports

EVENTER TECHNOLOGIES LTD. ANNOUNCES SHARE CONSOLIDATION

In accordance with the articles of Eventer Technologies Ltd., the company will be implementing a consolidation of the outstanding common shares in the capital of the company on the basis of one new common share for every 10 currently outstanding common shares.

The company believes that the increase to the trading price of the common shares from effecting the consolidation could potentially and principally broaden the pool of investors that may consider investing or be able to invest in the company and enable the company to satisfy certain minimum trading price requirements of U.S. and other stock exchanges for a potential listing of the common shares.

The consolidation ratio was determined by the company's board of directors and the officers of the company in accordance with the parameters authorized by the company's articles. The consolidation is subject to final acceptance of the TSX Venture Exchange. The company intends to complete the consolidation at market open on or around Aug. 26, 2026, and the common shares are expected to commence trading on the TSX-V on a postconsolidation basis beginning at the open of markets on or around Aug. 26, 2026, under the existing name and symbol EVNT. Following the consolidation, the new Cusip number for the common shares will be 29975G203 and the new ISIN (international securities identification number) will be CA29975G2036 .

The company currently has 71,295,760 common shares issued and outstanding, and, upon completion of the consolidation, the company expects to have approximately 7,129,576 postconsolidation shares issued and outstanding, subject to any issuances prior to the consolidation and rounding for any fractional shares. No fractional shares will be issued as a result of the consolidation and the number of postconsolidation shares to be received by each shareholder will be rounded up to the nearest whole common share that such holder would otherwise be entitled to receive upon the implementation of the consolidation.

Holders of common shares who hold uncertificated shares (that is shares held in book-entry form and not represented by a physical share certificate), either as registered holders or beneficial owners, will have their existing book-entry account(s) electronically adjusted by the company's transfer agent or, for beneficial shareholders, by their brokerage firm, banks, trusts or other nominees that hold in street name for their benefit. Such holders do not need to take any additional actions to exchange their common shares for postconsolidation shares. If you hold your common shares with such brokerage firm, bank, trust or other nominee and if you have questions in this regard, you are encouraged to contact your nominee.

Registered shareholders holding share certificates will be mailed a letter of transmittal advising of the consolidation and instructing them to surrender their share certificates representing preconsolidation common shares for replacement certificates or a direct registration advice representing their postconsolidation common shares. Following the effective date of the consolidation and until surrendered for exchange, each share certificate formerly representing preconsolidation common shares will be deemed to represent the number of whole postconsolidation shares to which the holder is entitled as a result of the consolidation.

About Eventer Technologies Ltd.

Eventer is an Israeli technology company operating a software-as-a-service-based platform for the management and sale of tickets for live events, including performances, festivals, conferences, lectures, courses, nightlife events and other consumer experiences. The company provides event organizers with an end-to-end operational platform designed to support the full life cycle of an event, including ticket sales management, attendee administration, marketing tools, customer support services and event-entry solutions. In addition to its software platform, Eventer provides ancillary services to organizers, including sales and marketing support and secure payment processing solutions through third party service providers.

We seek Safe Harbor.