Mr. George Malikotsis reports

SENVEST CAPITAL INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2023

Senvest Capital Inc. had net income attributable to common shareholders of $21.2-million, or $8.58 per share, for the three months ended June 30, 2023. This compares with a net loss attributable to common shareholders of $356.1-million, or a loss of $142.71 per share, for the same period in 2022. For the six months ended June 30, 2023, the net income attributable to common shareholders was $65-million, or $26.24 per share, compared with a net loss attributable to common shareholders of $361.4-million, or a loss of $144.84 per share, for the prior year.

Financial statements are available on SEDAR.