▸ Changes in our geographic footprint or product and service offerings may subject us to additional business, operational, financial, competitive, and compliance risks.· · · ● 1 ▸ Changes in tax laws, tax treaties, regulations, guidance or the interpretation of them, including the Inflation Reduction Act and the OBBBA· · · ● 1 ▸ Changing political and geopolitical conditions could adversely impact our business, our financial results, and the global energy market.· · · ● 1 ▸ Emerging issues related to the development and use of artificial intelligence could give rise to legal or regulatory action, damage our reputation, or otherwise materially harm of our business.· · · ● 1 ▸ Our ability to implement our new ERP system could adversely impact our business and operations.· · · ● 1 ▸ Disruption to our business operations as a result of the evolving conflict in Israel and otherconditions in Israel that affect our operations may limit our ability to develop, produce and sell our products.· · ● ● 2 rw ▸ Natural disasters, public health events, significant disruptions of information technology systems, data security breaches, or other catastrophic events could adversely affect our operations.· · ● ● 2 ▸ Our ability to be profitable in the future.· · ● ● 2 ▸ Our ability to successfully operate our global operations with a reduced work force· · ● ● 2 ▸ Reductions in customer spending in response to unfavorable or uncertain macroeconomic and market conditions, globally or in a particular region where we operate, would adversely affect our business, results of operations and financial condition.· · ● ● 2 ▸ The loss of key executives, and our ability to retain key personnel and attract additional qualified personnel· · ● ● 2 ▸ The rapidly evolving and competitive nature of the solar industry makes it difficult to evaluate our future prospects.· · ● ● 2 ▸ We are subject to risks related to corporate social responsibility and sustainability, including the impact of evolving legal and regulatory requirements.· · ● ● 2 ▸ We have discontinued our e-Mobility business, energy storage business, and PV Tracker business, resulting in the write-off of tangible and intangible assets.· · ● ● 2 rw ▸ We may not be able to raise additional capital to execute on our current or future business opportunities on favorable terms, if at all, or without dilution to our stockholders.· · ● ● 2 ▸ We may not realize expected benefits from our cost reduction and restructuring efforts, and our profitability or our business otherwise might be adversely affected.· · ● ● 2 ▸ Occasionally, we enter into derivative financial instruments to hedge the exchange rates impacts on our assets, liabilities and certain transactions denominated in Israeli Shekels, Euro, and other currencies.· ● ● ● 3 rw ▸ A change in tax law, tax treaties, and regulations or the interpretation of them, including the Inflation Reduction Act.· · ● · 1 ▸ Complications with the design or implementation of our new ERP system could adversely impact our business and operations.· · ● · 1 ▸ Disruption in our global supply chain and rising prices of oil and raw materials as a result of the conflict between Russia and Ukraine may adversely affect our businesses and results of operations.· · ● · 1 ▸ In November 2024, the Company announced that it intends to discontinue its Energy Storage business related to the manufacture of batteries, mainly at our Sella2 location in South Korea in order to focus on the Company's core solar business.· · ● · 1 ▸ Our share repurchase program may be subject to certain risks.· · ● · 1 ▸ We are subject to risks related to corporate social responsibility.· ● · · 1 ▸ We face risks related to the ownership of our common stock, including those related to: Related to the Ownership of Our Common Stock· ● · · 1 ▸ Conditions in Israel affect our operations and may limit our ability to develop, produce and sell our products.● ● · · 2 ▸ If demand for solar energy solutions does not continue to grow or grows at a slower rate than anticipated, our business and results of operations will suffer.● ● · · 2 rw ▸ If we fail to build our non-solar businesses and future growth effectively, we may be unable to execute our business plan, maintain high levels of customer service, or adequately address competitive challenges.● ● · · 2 ▸ Lithium-Ion used in our battery cells and packs can potentially catch fire or vent smoke and cause damage or injury.● ● · · 2 rw ▸ Our expansion into new geographic markets or new product lines or services could subject us to additional business, financial, and competitive risks.● ● ● · 3 rw ▸ The ongoing Covid-19 pandemic, and global measures taken in response thereto have adversely impacted, and may continue to adversely impact, our operations and financial results.● ● · · 2 ▸ The unprecedented and continuously evolving nature of Covid-19, other pandemics or epidemics, could also have the effect of amplifying many of the other risks described in this Item 1A, Risk Factors.● ● · · 2 rw ▸ We cannot be certain that we will sustain our current level of profitability in the future.● ● · · 2 ▸ A drop in the retail price of electricity derived from the utility grid or from alternative energy sources may harm our business, financial condition, results of operations, and prospects.● ● ● ● 4 ▸ Any unauthorized access to, disclosure, or theft of confidential or personal information we gather, store, or use could harm our reputation and subject us to claims or litigation.● ● ● ● 4 rw ▸ Attempts by third parties, our employees, or our vendors might gain unauthorized access to our network or seek to compromise our products and services.● ● ● ● 4 rw ▸ Changes to net metering policies may reduce demand for electricity from PV systems and harm our business.● ● ● ● 4 rw ▸ Defects or performance problems in our products could result in loss of customers, reputational damage, and decreased revenue, and we may face warranty, indemnity, and product liability claims arising from defective products.● ● ● ● 4 ▸ Developments in alternative technologies or improvements in distributed solar energy generation may have a material adverse effect on demand for our offerings.● ● ● ● 4 ▸ Fluctuations in currency exchange rates may negatively impact our financial condition and results of operations.● ● ● ● 4 ▸ If our goodwill or other intangible assets become impaired, our financial condition and results of operations could be negatively affected.● ● ● ● 4 ▸ If we fail to protect, or incur significant costs in defending our intellectual property and other proprietary rights, our business and results of operations could be materially harmed.● ● ● ● 4 ▸ It may be difficult to enforce a judgment of a U.S. court against our officers and directors, to assert U.S. securities laws claims in Israel, or to serve process on our officers and directors.● ● ● ● 4 ▸ Mergers in the solar industry among our current or potential customers may adversely affect our competitive position.● ● ● ● 4 ▸ Our certificate of incorporation includes a forum selection clause, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us.● ● ● ● 4 ▸ Our entry into business engagements with South Korean military bodies as our customers in the lithium-ion battery and energy storage business embodies a risk for potentially large-scale and uncapped liability.● ● ● ● 4 rw ▸ Our stock price has been, and may continue to be, subject to significant volatility.● ● ● ● 4 rw ▸ Provisions in our certificate of incorporation and by-laws may have the effect of delaying or preventing a change of control or changes in our management.● ● ● ● 4 ▸ group Risks Related to Intellectual Property● ● ● ● 4 ▸ group Risks Related to Legal, Compliance and Regulations● ● ● ● 4 ▸ group Risks Related to our Notes and the Ownership of Our Common Stock● ● ● ● 4 rw ▸ group Risks related to Our Business and Our Industry● ● ● ● 4 ▸ The reduction, elimination or expiration of government subsidies and economic incentives for on-grid solar electricity applications could reduce demand for PV systems and harm our business.● ● ● ● 4 rw ▸ The solar industry has historically been cyclical and experienced periodic downturns.● ● ● ● 4 ▸ The tax benefits that are available to us under Israeli law require us to meet various conditions and may be terminated or reduced in the future, which could increase our costs and taxes.● ● ● ● 4 ▸ Third parties may assert that we are infringing upon their intellectual property rights, which could divert management’s attention, cause us to incur significant costs, and prevent us from selling or using the technology to which such rights relate.● ● ● ● 4 ▸ We do not intend to pay any cash dividends on our common stock in the foreseeable future.● ● ● ● 4 ▸ We may become subject to claims for remuneration or royalties for assigned service invention rights by our employees, which could result in litigation and adversely affect our business.● ● ● ● 4 ▸ We may experience delays, disruptions, or quality control problems in our manufacturing operations.● ● ● ● 4 ▸ We rely on distributors and large installers to assist in selling our products, and the failure of these customers to perform as expected could reduce our future revenues.● ● ● ● 4 
