Metalink Ltd. announced an upcoming shareholder meeting scheduled for December 30, 2025.

• Metalink Ltd. announced an upcoming shareholder meeting to be held on December 30, 2025 [N1].

Metalink's strong liquidity position and low operating expenses provide a stable financial base. The company's focus on exploring strategic alternatives, including business combinations or going private transactions, could lead to new operational opportunities or value realization for shareholders. The controlling ownership by a significant shareholder may facilitate decisive strategic actions.

Metalink has no ongoing business operations, no revenues since 2016, and no active research and development since 2010, which limits its ability to generate future income from operations. The company faces risks related to its strategic alternatives process, including uncertainty about timing and outcomes. The accumulated deficit and limited business activity may reduce investor interest and liquidity in its shares. Additionally, contingent liabilities related to past government grants pose potential financial risks.

Metalink's historical moat was based on its development of DSL chipsets and strategic OEM partnerships in telecommunications. However, the company has exited active product development and sales, with no ongoing R&D since 2010 and no revenues since 2016. The sale of its WLAN business and the end of its DSL product line have significantly reduced its operational moat. Currently, Metalink's value lies primarily in its cash and investments and potential strategic alternatives rather than active competitive advantages in technology or markets.

• Lack of Operating Business: Metalink has ceased active product development and sales, with no revenues since 2016 and no ongoing research and development since 2010, limiting its operational viability.
• Strategic Uncertainty: The company is focused on exploring strategic alternatives including business combinations or going private transactions, with no assurance of successful execution or timing.
• Liquidity and Financial Risks: While currently holding cash and short-term investments, the company has an accumulated deficit and limited sources of income beyond financial income, which may impact long-term sustainability.
• Contingent Liability: Metalink faces a disputed claim from the Israel Innovation Authority regarding royalties from the sale of its WLAN business, which could result in financial obligations.
• Market and Share Liquidity Risks: Shares trade on the OTC Pink market with limited liquidity, and the limited market for shares may increase volatility and difficulty in trading.

• Metalink Ltd. is incorporated in Israel since 1992 with principal executive offices in Beit-Yitzhak, Israel.
• Historically, Metalink developed and sold DSL chipsets and previously had a wireless LAN business which was sold in 2010.
• The company completed delivery of its last DSL product order in 2015 and has had no sales since 2016.
• Since 2010, Metalink has not engaged in research and development activities.
• Metalink's current plan is to consider strategic alternatives including possible business combinations or going private transactions.
• The company had no revenues in 2024 and 2025, and operating losses of $39,000 in 2024 and $23,000 in 2025, with net income of $78,000 in 2024 and $86,000 in 2025 primarily from financial income.
• As of December 31, 2025, Metalink had cash and cash equivalents of $37,000 and short-term investments of approximately $1.89 million, with a strong liquidity position (current ratio 12.19, cash ratio 12.2).
• No capital expenditures were made in 2023, 2024, and 2025.
• The company’s shares are quoted on the OTC Pink market under the symbol MTLK.
• Metalink announced an upcoming shareholder meeting scheduled for December 30, 2025.
• The company has an accumulated deficit in equity and limited ongoing operations, relying mainly on interest income from deposits.
• Metalink has a controlling shareholder, Daniel Magen, who owns approximately 53.4% of the shares.
• There are no significant recent developments or major business activities since January 1, 2025.
• Metalink has a contingent liability related to a claim by the Israel Innovation Authority regarding royalties from the sale of its WLAN business, which the company disputes.
• The company’s financial statements are prepared under US GAAP and its functional currency is the US dollar.