Sol-Gel Technologies Ltd. 1,250,000 Ordinary Shares (Par Value NIS 0.1 Per Share) UNDERWRITING AGREEMENTUnderwriting Agreement • August 8th, 2019 • Sol-Gel Technologies Ltd. • Pharmaceutical preparations • New York
Introductory. Sol-Gel Technologies Ltd., a company organized under the laws of the State of Israel (the “Company”), proposes to issue and sell to the several underwriters named in Schedule A (the “Underwriters”) an aggregate of 1,250,000 ordinary shares of the Company, par value NIS 0.1 per share (the “Ordinary Shares”). The 1,250,000 Ordinary Shares to be sold by the Company are called the “Firm Shares.” In addition, the Company has granted to the Underwriters an option to purchase up to an additional 187,500 Ordinary Shares as provided in Section 2. The additional 187,500 Ordinary Shares to be sold pursuant to such option are called the “Optional Shares.” The Firm Shares and, if and to the extent such option is exercised, the Optional Shares are collectively called the “Offered Shares.” Jefferies LLC (“Jefferies”) has agreed to act as representative of the several Underwriters (in such capacity, the “Representative”) in connection with the offering and sale of the Offered Shares. To
