KAMADA LTD

Cautionary Note Regarding Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts, including statements regarding: (1) the sufficiency of the Company's KedRAB inventory and manufacturing capacity to meet current and future U.S. demand; and (2) expectations regarding continued or increased demand for KedRAB in the United States. Forward-looking statements are based on Kamada's current knowledge and its present beliefs and expectations regarding possible future events and are subject to risks, uncertainties and assumptions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors, including, but not limited to: the unpredictable and seasonal nature of rabies exposure trends and the possibility that reported increases in demand do not continue or recur; Kamada's reliance on Kedrion as its sole distributor of KedRAB in the United States and any change in that relationship; Kamada's ability to manufacture sufficient quantities of KedRAB and to obtain adequate quantities of hyper-immune plasma and other raw materials on a timely basis; competition from other rabies immunoglobulin and rabies biologic products; the evolving nature of the conflicts in the Middle East and the impact of such conflicts in Israel, the Middle East and the rest of the world; the impact of these conflicts on market conditions and the general economic, industry and political conditions in Israel, the U.S. and globally; the effect of tariffs on overall international trade and specifically on Kamada's ability to maintain expected sales and profit levels in light of such tariffs; the effect on the establishment and timing of business initiatives; Kamada’s ability to leverage new business opportunities and integrate them with its existing product portfolio; unexpected results of clinical and development programs; regulatory delays; and other risks detailed in Kamada's filings with the U.S. Securities and Exchange Commission (the “SEC”), including those discussed in its most recent Annual Report on Form 20-F and in any subsequent reports on Form 6-K, each of which is on file with, or furnished to, the SEC and available on the SEC’s website at www.sec.gov. The forward-looking statements made herein speak only as of the date of this announcement and Kamada undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as otherwise required by law.