Rights Exercise Notices by Insiders of BioLight

Tel Aviv (May 6, 2018) – As an update to Section 4 of the Rights Offering Report dated April
15, 20181, and by May 3rd, 2018, each of BioLight’s following insiders, Mrs. Israel Makov,
Mr. Dan Oren, Mr. Shanghvi Dilip and Mr. Lau Ngai Cheung, holding all together a total of
about 56.62% of BioLight’s issued and outstanding shares, have separately updated BioLight
that each individually have provided a notice to exercise his entire individual rights offered to
him in accordance with to the Rights Offering Report.

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