M.L.R.N PROJECTS AND TRADE LTD.

MLRN Projects and Trade Ltd is an Israel-based company principally actives in field of financials. The Company is engaged in providing credits to small and medium-sized business to business (B2B) companies, with specialization in the Arab-Israeli sector. Most of the Company's activities in Israel are carried out by the Company itself, in the United States MLRN Projects and Trade Ltd operates through its subsidiaries Lugano and Drive On. In United States MLRN Projects and Trade Ltd is active in the field of providing non-bank credit for the purchase of second-hand vehicles which are guaranteed in those vehicles, by Lugano, and partially realized through a second-hand vehicle agency operated by Drive On.