TASE Israel: ELLO

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NYSE American: ELLO

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ellomay Investors Relations

Ellomay Capital Ltd., an Israeli based public company, whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol “ELLO”, is a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel

Financial Highlights

Revenues were approximately €7.2 million for the three months ended March 31, 2021, compared to approximately €1.9 million for the three months ended March 31, 2020. This increase is
mainly attributable to the achievement of PAC (Preliminary Acceptance Certificate) of the Talasol photovoltaic facility (the “Talasol PV Plant”) on January 27, 2021, upon which the
Company commenced recognition of revenues. The increase also resulted from the acquisition of the Groen Gas Gelderland B.V. biogas facility (the “Gelderland Biogas Plant”) in
December 2020 and improved operational efficiency at the Company’s biogas plants in the Netherlands

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