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הבורסה TEL AVIV לניירות ערך STOCK תלאביב EXCHANGE THE TEL - AVIV STOCK EXCHANGE LTD REPORTED FIRST QUARTER 2021 RESULTS May 24 , 2021 ( Tel Aviv ) -Tel Aviv Stock Exchange Ltd ( TASE : TASE ) today announced its financial results for the first quarter ended March 31 , 2021.1 1 . General The first quarter of 2021 was characterized by the lifting of most of the coronavirus restrictions due to the expansion and progress of the national vaccination campaign and the resulting reduced number of cases in Israel , which , in turn contributed to the economy's gradual activity resumption and to an unemployment rate reduction . In the face of these occurrences , in the first quarter of 2021 there was a value increase of the assets traded on TASE and an increase in the number of new companies that carried out IPOs on TASE . At the same time , trading volumes on TASE in the first quarter of 2021 were more moderate compared to those recorded in the first quarter of 2020 , which was characterized by strong fluctuations and large trading volumes as a result of the uncertainty that prevailed at the outset of the coronavirus outbreak in Israel . 1.1 Highlights of TASE's Results for the First Quarter of 2021 First Quarter Results ■ May 24 , 2021 386017.docx ■ ■ TASE revenues amounted to NIS 78.4 million in the first quarter of 2021 , a decrease of 3 % compared to the corresponding quarter last year . The decrease is due mainly to revenue from trading and clearing services , and was partly offset by an increase in other revenue items . 1.2 Business and Corporate Highlights for the First Quarter of 2021 BUSINESS HIGHLIGHTS Adjusted EBITDA decreased in the first quarter of 2021 to NIS 24.6 million compared to NIS 28.9 million in the corresponding quarter last year , a decrease of 15 % . Adjusted net profit amounted to NIS 9.9 million in the first quarter of 2021 , compared to NIS 10.6 million adjusted net profit in the corresponding quarter last year , a decrease of 7 % . In the first quarter of 2021 , NIS 9.4 billion was raised on TASE in shares , an increase of 157 % over the corresponding quarter in the previous year , of which NIS 3.1 billion was raised in 33 IPO's mostly in the high - tech sector ( 27 IPOs total in 2020 ) . Since the end of the first quarter to date , 8 new companies joined TASE , bringing the total number of new companies that joined TASE since the beginning of 2021 to 41 . The leading indices TA - 35 , TA - 90 , TA - 125 and TA - SME60 rose by 7 % , 6 % , 6 % and 13 % respectively , in the first quarter of 2021. The average daily trading volume of shares amounted to 1 The Board of Directors of TASE today approved the Consolidated Financial Statement as of March 31 , 2021. The consolidated financial statements of the Company were prepared in accordance with IFRS . This is an English translation of parts of the information included in the approved financial statements . In the event of any discrepancy between the original Hebrew and the translation to English , the Hebrew version alone will prevail . The consolidated financial statements in the English Version will be published on the website by the end of June 2021 . 1