$SEDG Third Quarter 2019 Highlights • Record revenues of $410.6 million • Record revenues from solar products of $387.8 million • GAAP gross margin of 33.9% • GAAP gross margin from sale of solar products of 35.0% • Non-GAAP gross margin from sale of solar products of 35.4% • GAAP net income of $41.6 million • Record Non-GAAP net income of $63.6 million • GAAP net diluted earnings per share (“EPS”) of $0.81 • Record Non-GAAP net diluted EPS of $1.21 • 1.5 Gigawatts (AC) of inverters shipped