On a corporate action affecting ordinary shares of Western Digital Corporation (WDC)

On February 3, 2025, Western Digital Corporation announced details about its plan to spin-off of Sandisk Corporation. Western Digital Corporation stockholders will receive one-third (1/3) of one share of Sandisk Corporation common stock for each share of Western Digital Corporation that they own to be effective on February 21, 2024. Trading of Sandisk Corporation common stock on the Nasdaq is expected to begin on February 24, 2025, under the symbol “SNDK.” For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.