Immediate Release

Maytronics Ltd.
(The "Company")
Notice of Annual Shareholders Meeting

Notice is hereby given that the 2020 Annual Shareholders Meeting of Maytronics Ltd. will be held via conference call (phone number: 03-9786688, Meeting ID: 7353900178#) on Thursday, May 7, 2020 at 2:00 p.m. local time, which agenda shall consist of the following matters:

1. Discussion on the Company's financial statements and the Board of Director's report for the year ended December 31, 2019.

2. Re-appointment of Kost Forer Gabbay & Kasierer' a member of Ernst & Young Global, as the Company's External Auditors, and submission of a report regarding its compensation for the year 2019.

3. Re-election of the current incumbent members of the Board of Directors (except for the external directors, whose term of service shall continue in accordance with the provisions of the law).

4. To elect Ms. Moran Kuperman as a director on the Board of Directors of the Company.

5. To elect Mr. Ron Cohen as a director on the Board of Directors of the Company.

The effective date for entitlement to participate and vote at the said annual general meeting shall be Sunday April 5th 2020 at the end of the trade day at the Tel Aviv Stock Exchange. The last date for submission of position statements to the Company shall be Monday April 27th 2020; The last date for voting via electronic voting system shall be 6 hours before the convening of the annual meeting. The Company's shareholders may attend and vote in the annual meeting personally or by proxy who was lawfully authorized to vote, provided that such power of attorney has been submitted to the Company's registered offices, no later than 48 hours prior to the time set for annual meeting convention.

Further information regarding the matters on the agenda of the meeting may be found in the immediate report published by the Company on March 26th 2020 (reference No. 2020-01-026470) which may be found at the Tel Aviv Stock Exchange Ltd.'s Website and at Israel Securities Authority's distribution site


Maytronics Ltd.

This is a translation-for-convenience of the Hebrew Notice of Special Shareholders Meeting. Only the Hebrew version of this document, as published on Company's website, shall be deemed as a binding notice.