Company: TSEM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001178913-25-001537
Chunk: 227

Company: TOWER SEMICONDUCTOR LTD
Filing Date: 2025-04-30
Form: 20-F
Item: Item 7
Chunk 227
---
 ITEM 7.  MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS
 
A. MAJOR SHAREHOLDERS
 
Information concerning the beneficial ownership (as defined in Rule 13d-3 under the Exchange Act) of our ordinary shares by any person who is known to us to beneficially own 5% or more of our issued and outstanding ordinary shares as of March 31, 2025 is set forth below. The percentage of beneficial ownership of our ordinary shares is based on 111,756,623 ordinary shares issued and outstanding as of March 31, 2025.
 
The voting rights of our major shareholders do not differ from the voting rights of other holders of our ordinary shares.
 

                                                            Ordinary Shares Beneficially Owned           
---------------------------------------------------------------------------------------------------------
Name of Beneficial Owner                            Number                                Percent (1)    
Menora Mivtachim Holdings Ltd.(2)                           8,592,362                            7.69   %
Migdal Insurance &amp; Financial Holdings Ltd.(3)           8,475,261                            7.58   %
Senvest Management, LLC (4)                                 8,059,407                            7.21   %
Phoenix Holdings Ltd.(5)                                    6,448,248                            5.77   %
Clal Insurance Enterprises Holdings Ltd.(6)                 5,631,160                            5.04   %
Point72 Asset Management, L.P.(7)                           5,616,207                            5.03   %

(1)   In accordance with the rules of the SEC, beneficial ownership includes the ordinary shares reported that the holder (i) has voting
        power or investment power over, and (ii) has the right to acquire beneficial ownership of within 60 days from March 31, 2025.   
----------------------------------------------------------------------------------------------------------------------------------------

(2)   Based solely upon, and qualified in its entirety with reference to, a notice provided to the Company by Menora Mivtachim Holdings
                                               Ltd., reflecting holdings as of March 31, 2025.                                         
---------------------------------------------------------------------------------------------------------------------------------------

(3)   Based solely upon, and qualified in its entirety with reference to, a notice provided to the Company by Migdal Insurance &amp; Financial
                                              Holdings Ltd., reflecting holdings as of March 31, 2025.                                        
----------------------------------------------------------------------------------------------------------------------------------------------

(4)   Based solely upon, and qualified in its entirety with reference to, a notice provided to the Company by Senvest Management, LLC