Transaction Expected to Close in Q3 2025

SatixFy Communications Ltd. ("SatixFy" or the "Company") (NYSE:SATX), today announced that at a special meeting of shareholders (the "Meeting") on May 23, 2025, holders of the majority of outstanding ordinary shares of SatixFy voted to approve the Agreement and Plan of Merger (the "Merger Agreement") with MDA Space Ltd. ("MDA Space"), as amended and announced on May 20, 2025, pursuant to which MDA Space agreed to acquire SatixFy in an all-cash transaction (the "Merger").

Over 99% of the Company's outstanding ordinary shares that were voted at the Meeting in person or by proxy were voted in favor of the adoption of the Merger Agreement and the Merger.

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