Security Type

Security Class Title

Fee
Calculation

Rule

Amount
Registered⁽¹⁾

Proposed
Maximum
Offering Price
Per Share⁽²⁾

Maximum
Aggregate
Offering
Price

Fee Rate

Amount of
Registration
Fee

Equity

Ordinary shares, no par value per share, reserved for issuance pursuant to the 2021 Share Incentive Plan (the “2021 Plan”)⁽³⁾

Other

2,386,893

$146.19

$348,939,887.67

0.00011020

$38,453.18

Equity

Ordinary shares, no par value per share, reserved for future issuance under the 2021 Employee Share Purchase Plan (the “ESPP”)⁽⁴⁾

Other

593,196

$146.19

$86,719,323.24

0.00011020

$9,556.47

Total Offering Amounts

$48,009.65

Total Fee Offsets

—

Net Fee Due

$48,009.65

(1)

Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional ordinary shares, no par value (“Ordinary Shares”) of monday.com Ltd. (the “Registrant”) that become issuable under the 2021 Plan and the ESPP by reason of any share dividend, share split, recapitalization or similar transaction effected without the Registrant’s receipt of consideration which would increase the number of outstanding Ordinary Shares.

(2)

Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(h) and Rule 457(c) promulgated under the Securities Act. The Proposed Maximum Offering Price Per Share is based on the average of the high and the low price of the Registrant’s Ordinary Shares as reported on the Nasdaq Global Select Market on March 7, 2023.

(3)

Represents the additional Ordinary Shares reserved for issuance under the 2021 Plan resulting from an automatic annual increase as of January 1, 2023.

(4)

Represents the additional Ordinary Shares reserved for issuance under the ESPP resulting from an automatic annual increase as of January 1, 2023.