Notification of Major Interest in Shares

For filings with the FCA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights are Emblaze Ltd.attached:ii 2. Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which may resultin the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the Fortissimo Capital Management Ltdnotification obligation:iii 4. Full name of shareholder(s) N/A (if different from 3.):iv 5. Date of the transaction and date onwhich the threshold is crossed or 20 February, 2014reached: v 6. Date on which issuer notified: 23 February, 2014 7. Threshold(s) that is/are crossed or 5%reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/ Situation previous Resulting situation after the triggering transactiontype of to the triggeringshares transaction if Number Number Number Number of voting % of voting rights xpossible of of of shares rightsusing Shares Votingthe ISIN RightsCODE Indirect Direct Direct xi xii Direct Indirect Ordinary 8,883,757 0 (see item 13) 5,541,524 0 (see item 13) 5,541,524 0% (see item 13) 5.04%Shares B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of votinginstrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi Resulting situation after the triggering transaction Type of Exercise price Expiration Exercise/ Number of voting rights % of voting rightsfinancial date xvii Conversion period instrument refers to xix, xxinstrument xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 5.04% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi Fortissimo Capital Management Ltd, is the management company of the followingaffiliated funds on whose behalf it acquired shares: Fortissimo Capital Fund(Israel) LP; Fortissimo Capital Fund (Israel-DP), LP; Fortissimo Capital Fund,LP; and Fortissimo Capital Fund II (Israel) LP. See item 13 as well. Proxy Voting: 10. Name of the proxy holder: Israel 18 B.V. 11. Number of voting rights proxy holder will cease 5.04%to hold: 12. Date on which proxy holder will cease to hold Aug 14, 2015voting rights: Granted call option to Israel 18 B.V. (previously Chabad13. Additional information: 770 B.V.) to acquire remaining holdings by the end of April 2014 as well as a proxy to vote all of Fortissimo's shares through Aug 14, 2015. 14. Contact name: Marc Lesnick 15. Contact telephone number: +972 3 915 7466