Exhibit 99.1 Press Release Eltek Reports 2021 Third Quarter Financial Results • Revenues of $8.0 million in the third quarter of 2021 compared to $9.3 million in the third quarter of 2020 • Net loss of $26,000 in the third quarter of 2021 compared to net profit of $598,000 in the third quarter of 2020 • EBITDA of $553,000 in the third quarter of 2021 compared to EBITDA of $1.0 million in the third quarter of 2020 • Cash and cash equivalents as of September 30, 2021 were $8.9 million PETACH-TIKVA, Israel, No ...