On setting a condition under which Sell Orders may not be submitted in respect of Class A ordinary shares of VOXX International Corporation (VOXX), ordinary shares of IAC Inc. (IAC) and ordinary shares of Pulmatrix, Inc. (PULM) effective 24.03.2025

Herewith ITS Ltd. informs that effective on 24.03.2025 Sell Orders may not be submitted in respect of Class A ordinary shares of VOXX International Corporation (ISIN US91829F1049, VOXX), ordinary shares of IAC Inc. (ISIN US44891N2080, IAC) and ordinary shares of Pulmatrix, Inc. (ISIN US74584P3010, PULM), hereinafter referred to as the Qualified Investments, provided that the following condition is met:

SO_N > CM.AccB_N + CM_Cl.N – CM_Ob.N – USO_N, where:

• SO_N - number of securities indicated in the Sell Order submitted in respect of the Qualified Investments.
• AccB_N - number of securities recorded in the Trading and Clearing Account specified in the Sell Order in respect of the Qualified Investments.
• CM_N - number of securities which constitute Clearing and Trading Member’s claims in the Qualified Investments that will be recorded in the Trading and Clearing Account specified in the Sell Order at the time of Sell Order submission.
• CM_N - number of securities which constitute Clearing and Trading Member’s obligations that will be recorded in the Trading and Clearing Account specified in the Sell Order at the time of Sell Order submission.
• USO_N - number of securities indicated in the unfulfilled Trading Member’s Sell Orders, which contain reference to the Trading and Clearing Account that coincides with Trading and Clearing Account referred to in the submitted Sell Order.

The present condition shall not apply to Category A Trading Members, provided that Sell Orders contain reference to short codes and/or Trading and Clearing Accounts specified in agreements on maintaining prices, demand and offer and (or) turnover.