El Al Israel Airlines Ltd.

Legal Proceedings Report • Dec 24, 2025

EL AL ISRAEL AIRLINES LTD

Company registry number: 520017146

To:

Israel Securities Authority (www.isa.gov.il)

Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form number: T053 (Public)

Report sent via MAGNA: 24/12/2025

Reference number: 2025-01-102900

Immediate Report on an Event or Matter Deviating from the Ordinary Business of the Corporation

Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: Results of an issuance should be reported in Form T20 and not with this form.

Note: Reports regarding rating of BONDS or corporation rating should be submitted using Form T125.

Report on:

Delayed report submitted

Nature of the event:

Court judgment regarding withdrawal from a motion for approval of a class action lawsuit

1.

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

Further to the company's report on 25 September 2024 (reference number: 2024-01-605605), and further to Note 16.B.10 to the company's annual report for 2024, as published on 12 March 2025 (reference number: 2025-01-016342), regarding a motion for approval of a class action lawsuit which was filed against it and against the subsidiary El Al Frequent Flyer Ltd., in the District Court in Tel Aviv ("the approval motion"), in the sum of 120,000,000 NIS, addressing three issues:

• 1. The applicants alleged that the company sometimes does not credit at all, and at times credits belatedly, club members with diamonds and points, where it is claimed that such members are entitled to accrue diamonds and points;
• 1. The applicants alleged that the company charges club members for choosing a SPACE seat and/or an upgraded seat, even though it is claimed these club members are entitled to a free SPACE seat;
• 1. The applicants alleged that the company offers a certain preferred seat for sale even after it has already been sold previously.

The company hereby updates that on 24 December 2025, a court judgment was issued approving the applicants' withdrawal from the approval motion, without an order for costs, determining that the approval motion presented significant difficulties, including regarding the assessment of the alleged damage as well as the scope of the alleged group members.
2.
		The date and time the corporation first became aware of the event or matter: 24/12/2025 at 09:00
3.
		If the report was delayed - the reason for the delay in its submission:
4.
		On date:, at time: the preclusion to report was lifted.

5.

[ ] The company is a shell company as defined in the Exchange bylaws.

Details of the authorized signatories:

Name	Position
Sharon Brownstone Zait	Other: Deputy CEO, Chief Legal Counsel of the company
Inbal Carmi	Other: Company Secretary

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, reports submitted in accordance with these regulations shall be signed by those authorized to sign on behalf of the corporation. The staff's position on the subject can be found on the Authority's website: Click here.

Previous related document reference numbers (reference does not constitute incorporation by reference): 2024-01-605605 2025-01-016342

The securities of the corporation are listed for trading on the Tel Aviv Stock Exchange.

Short name: El Al

Address: P.O. Box 41, Ben Gurion Airport, 70100 Phone: 03-9716202, 03-9716203 Fax: 03-9717334 Email: CORPORATE@ELAL.CO.IL

Electronic reporter name: Zagut Yulia

Position: Legal Counsel

Company email: yuliaz@elal.co.il Address: 41, Ben Gurion Airport, Lod 7110001

Phone: 03-9716760