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 €9.6 million for the year ended December 31, 2020, compared to approximately €19 million for the year ended December 31, 2019. The decrease is mainly due to
the sale of the Company’s Italian PV portfolio (the “Italian PV Portfolio”) in December 2019. 2020 revenues were also impacted by the decrease in demand and prices of the European
electricity markets due to the Covid-19 pandemic, partially offset by an increase in revenues in one of the Company’s biogas plants in the Netherlands resulting from increased operational
efficiency

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