RE: MBLY Tender IC] DI

This is what is on Pershing's IFA system. It would appear the client is not a resident of Israel, and therefore would be subject to the max withholding date of 25%. It would also appear the shares will be delisted and if they choose not to participate by not filing any paperwork, then they will get nothing. So it would appear their best course of action would be to elect into the tender and if they are going to be subject to the max withholding rate then they might as well file as such going in.

Items For Attention - Voluntary Offer Details
View Text

Description: MOBILEYE NV
Symbol: MBLV
CUSIP: N51488117
Offer: ELECTION
Offer Description: EXEMPT FROM TAX
Subject To IRC 302 Withholding: NO
Other Offers Available:

ELECTION2
ELECTION3

Offer Dates
Cut-Off Date: 06/16/2017
Cut-Off Time: 19.00.00

Chris Harvey

Stewart Oldfield

Thanks again for this Chris, and apologies (again) for missing this email.

Can the client simply sell his position in markets to avoid this process?

Vahe Stepanian

Stewart Oldfield

As long as there is a market that is always an option.