SILC · Silicom Ltd.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These restricted stock units vested in full on the transaction date.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These restricted stock units vested in full on the transaction date.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These restricted stock units vested in full on the transaction date.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These restricted stock units vested in full on the transaction date.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These restricted stock units vested in full on the transaction date.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These restricted stock units vested in full on the transaction date.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These restricted stock units vested in full on the transaction date.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These restricted stock units vested in full on the transaction date.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

Each restricted stock unit (RSU) represents the right to receive at settlement one ordinary share. This transaction represents the settlement.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

This Form 4 is being filed late due to an administrative oversight.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.79 to $45.64 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

These securities do not include 87,300 ordinary shares of the Issuer held by a trustee pursuant to the Issuer's equity incentive plan.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.20 to $45.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

These securities are held by a trustee pursuant to the Issuer's equity incentive plan.

These securities were held by a trustee pursuant to the Issuer's equity incentive plan. The reporting person no longer holds any ordinary shares of the Issuer through the trustee.