DANEL (Adir Yeoshua) Ltd.

Share Issue/Capital Change • Jan 7, 2026

DANEL (ADIR YEOSHUA) LTD

		Company Number: 520037565
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Addressed To:

Israel Securities Authority: www.isa.gov.il Tel Aviv Stock Exchange Ltd.: www.tase.co.il

Form: T087 (Public) | Filed on MAGNA: 07/01/2026 Reference: 2026-01-003210

Statement of Equity, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and their Changes

Regulation 31E to the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 31(a) to the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 31(b1) to the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 32 to the Securities Regulations (Periodic and Immediate Reports), 1970

Reference Numbers of Previous Reports on the Subject: _________, _________, _________.

Nature of Change:
Realization of options into the company's ordinary shares
Explanation: Briefly describe the nature of the change.

1. Corporation's Securities Capital Structure after the Change:

Name and Type of Security	Security Number	Quantity in Registered Capital	Issued and Paid-Up Capital: Most Recent Report	Current Quantity	Quantity Registered under Nominee Company
Ordinary Share	314013	10,000,000	6,249,924	6,250,378	6,250,360
Danel Warrant 2021	3140167	0	3,850	3,850	0
Danel Warrant 2023	1198654	0	104,836	104,382	0

Explanation: All company securities must be detailed, including non-listed securities.

2. The Corporation Announces That:

On the date: 07/01/2026

A change occurred in the quantity and in the register of the corporation's securities holders (including rights to purchase shares) as a result of:

Description of the Change's Nature:

Realization of 454 options of type Danel Warrant 2023 into 454 ordinary shares of the company.

Explanation: All transaction details or actions resulting in the securities' change must be described.

Section detailing impact per holder:

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.

1. Registered Holder Affected by the Change:

Name: I.B.I Benefit Program (2000) Ltd. ID Type: Company number in the Israeli Companies Register ID Number: 512907718 Nature of Change: Realization of options Change Date: 07/01/2026 Executed via TASE Clearing House: Yes Type and Name of Security: Danel Warrant 2023 Security Number: 1198654 Holder's Balance in Last Report: 104,836 Balance After Change: 104,382 Total Quantity Changed (Decrease/Increase): 454 Are these rights to purchase shares granted? No Total consideration for issued securities: Securities number for shares resulting from realization: Number of shares resulting from full realization/conversion: Total additional payment to be received from full realization/conversion: Period for realization of securities: From: To: Did the allocated securities register for trading: This securities allocation follows:, Published on:, Reference Number:
The security has been fully paid and full consideration received.
The security has been paid in full but not all consideration was received.
Issued for ATM program.
Other:
2. Registered Holder Affected by the Change:
Name: Mizrahi Tefahot Nominee Company Ltd. ID Type: Company number in the Israeli Companies Register ID Number: 510422249 Nature of Change: Realization of options Change Date: 07/01/2026 Executed via TASE Clearing House: Yes Type and Name of Security:
Danel, Ordinary Share Security Number: 314013 Holder's Balance in Last Report: 6,249,906 Balance After Change: 6,250,360 Total
Quantity Changed (Decrease/Increase): 454 Are these rights to purchase shares granted? No Total consideration for issued securities: Securities number for shares resulting from realization: Number of shares resulting from full realization/conversion: Total additional payment to be received from full realization/conversion: Period for realization of securities: From: To: Did the allocated securities register for trading: This securities allocation follows:
, Published on:, Reference Number:
The security has been fully paid and full consideration received.
The security has been paid in full but not all consideration was received.
Issued for ATM program.
Other:

Explanations:

• 1. If the change affects more than one security, each security's impact should be listed in a separate row.
• 1. Date of change all changes of the same type, in the same security, performed on the same day, will be summarized in one row. For this purpose, distinguish between changes via the stock exchange clearing house and those made directly in the company books.
• 1. For a decrease, add the "-" sign.
• 1. All quantity fields must state the number of securities, and not NIS par value.

3. Key Details From the Shareholders' Register as of Reporting Date:

No.	Name of Registered Shareholder	ID Type	ID Number	Security Number	Type of Shares & Par Value	Share Quantity	Holds as Trustee?
1	Mizrahi Tefahot Nominee Company Ltd.	Company number in the Israeli Register	510422249	314013	Ordinary	6,250,360	No

4. Attached is a shareholders register file pursuant to Section 130 of the Companies Law, 1999.

1. Attached is an updated file of the corporation's securities register, including option holders' and bondholders' registers.

pdf.isa_מרשם_ניירות_ערך_מעודכן_מ_07012026_מונגש

Alt text: Updated securities register file as of 07/01/2026

Authorized Signatories for the Corporation:

No.	Signatory Name	Position
1	Ilan Ovadia	VP Finance

Explanation: According to Regulation 5 of the (1970) Periodic and Immediate Reports Regulations, ^a report submitted under these regulations must be signed by the authorized signatories for the corporation.

For staff position on this issue, see the Securities Authority website: Click here

Short Name: Danel

Address: Abba Hillel 12, Ramat Gan 5250606 Phone: 03-7564032, Fax: 03-7564031 E-mail: ilanov@edanel.co.il

Previous names of the reporting entity:

Name of Electronic Reporter: Erez Itzhaki Position: Legal Advisor Company Name:

Address: Abba Hillel 12, Ramat Gan 5250606 Phone: 03-7564032, Fax: 03-7564031 E-mail: erezy@edanel.co.il

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange

Last form structure update: 06/08/2024

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