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| ☐ | REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|------------------------------------------------------------------------------------------------|

| ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|--------------------------------------------------------------------------------------|

| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|------------------------------------------------------------------------------------------|

| ☐ | SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---------|---------------------------------------------------------------------------------------------|

|  Title of each class               |   | Trading Symbol(s) |   | Name of each exchange on which registered |
|-----------------------------------------|--------|-------------------|--------|-------------------------------------------|
| Ordinary Shares, NIS 3.00 Nominal Value |   | ELTK              |   | NASDAQ Capital Market                     |

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| Large accelerated filer ☐ | Accelerated filer ☐     |
|---------------------------------|-------------------------------|
| Emerging growth company ☐ | Non-accelerated filer ☒ |
| U.S. GAAP ☒ | International Financial Reporting Standards as issued by the International Accounting Standards Board ☐ | Other ☐ |
|-------------------|---------------------------------------------------------------------------------------------------------------|---------------|

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|  | • | pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of our company; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of our company                      are being made only in accordance with authorizations of management and directors of our company; and |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our company’s assets that could have a material effect on our financial statements. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | ELTEK LTD.By: /s/ Eli YaffeName:   Eli YaffeTitle:     Chief Executive OfficerBy: /s/ Alon MualemName:  Alon MualemTitle:    Chief Financial Officer |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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