GALMED PHARMACEUTICALS Ltd. Ordinary Shares (par value NIS 0.01 per share) AT- THE-MARKET EQUITY OFFERING SALES AGREEMENTGalmed Pharmaceuticals Ltd. • December 22nd, 2017 • Pharmaceutical preparations • New York
Company FiledDecember 22nd, 2017 Industry JurisdictionGalmed Pharmaceuticals Ltd., a corporation formed under the laws of the State of Israel (the “Company”), confirms its agreement (this “Agreement”) with Stifel, Nicolaus & Company, Incorporated (the “Agent”), as follows: