Majority Stake in Israeli Jobs Portal Drushim Sold to Yad2 NOAH Advisors acted as exclusive financial advisor to Drushim and its shareholders Transaction Summary September 2015 Sale of a 70% stake in On 3rd of September 2015, Drushim (www.drushim.co.il) - one of the leading job classifieds sites in Israel - announced the acquisition of a 70% stake by Yad2, a subsidiary of Axel Springer Digital Classifieds Drushim (“ASDC”) The acquisition of Drushim accelerates Yad2’s strategy of building the largest jobs classifieds offering in Israel, the only segment in which it is not already market leader ASDC has a portfolio of leading online classifieds brands across Europe, including SeLoger, StepStone and Immonet to Terms of the transaction were not disclosed Overview of Drushim Launched in 2006, Drushim is a leader in Israeli online job classifieds with ~1.5m monthly visits Exclusive Financial Advisor to Drushim and its Shareholders (Similarweb, June 2015) Drushim is a key source of job candidates for many large companies in Israel, with over 10,000 active job listings Drushim’s market leading technology allows for efficient job matching while offering outstanding ® usability, features and a high-level of customer service Hundreds of blue chip and SME clients; household names such as Coca Cola, Intel, SanDisk, GAP and Orange among others Deal Teams The Tel Aviv based company has 37 employees and is led by its founding co-CEOs Dror Epstein and Yair Cohen Dror Epstein, Yair Cohen Andrea Sixt, Philipp Raidt, NOAH Advisors’ Role Ansgar Schönborn, Jan Philipp Gräfe NOAH Advisors acted as exclusive financial advisor to Drushim and its shareholders Yavin Gill-More, Ariel Kessel A steadfast execution was facilitated based on previous deal experience in the region and in-depth knowledge of the company, the industry, and intelligence around the best potential acquirers Marco Rodzynek, Jan Brandes, NOAH Advisors had acted as exclusive financial advisor to Yad2 and its shareholder Walla! in its 100% Nikhil Parmar, Marija Sevcenko sale to Axel Springer in May 2014 for $228m ® 32