SATIVUS TECH CORP.

SATIVUS TECH CORP. was formed on January 16, 2015, in Delaware. Prior to July 2020, the company produced a plant growing device for herbs and vegetables, managed by an artificial intelligent algorithm. Due to financial and operational difficulties, these operations ceased in 2020. On July 19, 2020, the company formed a new wholly-owned subsidiary in Israel, Hachevra Legiduley Pkaot Beisrael Ltd., which translates to "The Company for Growing Bulbs in Israel Ltd." This subsidiary was established to develop a fully automated and remotely managed system for growing saffron and other vegetables. On November 5, 2020, the New Subsidiary changed its name to Saffron-Tech Ltd. As of the date of this report, SATIVUS TECH CORP. owns 54% of Saffron Tech. Through Saffron Tech, the company focuses on developing agriculture and technological products for exotic plants. Saffron Tech has developed a comprehensive agronomic and agrotechnical protocol for saffron cultivation and innovated proprietary Controlled Environment Agriculture (CEA) technology to execute, monitor, and optimize this protocol. Additionally, Saffron Tech has established a meticulous extraction protocol for high-quality saffron extract. Saffron Tech is preparing to launch its proof of concept pilot site for commercial saffron cultivation, introducing an advanced CEA system for year-round cultivation, ensuring continuous and dependable yield of consistent quality and quantity. Saffron is used in the culinary realm, natural cosmetics, and the nutraceuticals industry.