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 €32.8 million for the nine months ended September 30, 2021, compared to approximately €6.8 million for the nine months ended September 30, 2020. The revenue
increase is mainly attributable to the achievement of PAC (preliminary acceptance certificate) of the photovoltaic plant held by Talasol Solar S.L. (the “Talasol PV Plant” and “Talasol”,
respectively) on January 27, 2021, upon which the Company commenced recognition of revenues. The increase is also attributable to the Groen Gas Gelderland B.V. biogas facility (the
“Gelderland Biogas Plant”) acquisition, in December 2020 and to improved operational efficiency at the Company’s biogas plants in the Netherlands.

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