Telsys Ltd.

Related Party Transaction • Aug 25, 2025

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.

TELSYS LTD.

TELSYS LTD.

Registration Number: 520038100

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T053 (Public) Transmitted via MAGNA: 25/08/2025 Israel Securities Authority Email: www.isa.gov.il Tel Aviv Stock Exchange Email: www.tase.co.il Reference: 2025-01-063522

Immediate Report on an Event or Matter Outside the Ordinary Course of the Corporation's Business

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

Results of an offering must be reported in T20 and not in this form.

A report on the rating of bonds or a corporation rating must be submitted via Form T125.

Report on: [ ] Delayed report

Nature of the Event:

Sale and granting of options to purchase by the controlling shareholder and interested party

1. The company is honored to announce that ARLEDAN INVESTMENTS LTD. ("ARLEDAN INVESTMENTS") and ARLEDAN HOLDINGS (1982) LTD. ("ARLEDAN HOLDINGS"), companies controlled by the controlling shareholder of the company, sold in an offexchange transaction 118,000 shares of the company and 339,247 shares of the company, respectively, at a price of 21,870 agorot per share.

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.

Simultaneously, ARLEDAN HOLDINGS purchased in an off-exchange transaction 135,800 shares of the company from Ohad Yaniv and Ofer Osterlitz in equal parts (half from each of them) at a price of 21,870 agorot, and ARLEDAN HOLDINGS undertook the lock-up restrictions under Section 15 of the Securities Law, 1968 and the regulations thereunder, which apply to the shares purchased from Ohad Yaniv and Ofer Osterlitz. In addition, ARLEDAN HOLDINGS intends to grant the same purchaser an option for a period of 9 months to purchase 457,494 shares of the company at a price of 23,500 agorot and to receive an option for a period of 9 months to purchase 135,800 shares of the company from Ohad Yaniv and Ofer Osterlitz in equal parts (half from each of them) at a price of 23,500 agorot. ARLEDAN HOLDINGS will undertake the lock-up restrictions under Section 15 of the Securities Law, 1968 and the regulations thereunder, which apply to the shares to be purchased from Ohad Yaniv and Ofer Osterlitz.

• 1. The date and time the corporation first became aware of the event or matter: 25/08/2025 at 09:47.
• 1. If the report was delayed the reason for the delay: __________
• 1. On date __________ at time __________ the impediment to reporting was removed.
• 1. The company is a shell company as defined in the Stock Exchange regulations.

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Boaz Finkelstein	Other: Deputy CEO Finance and Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the Authority's website: Click here.

Reference numbers of previous documents on the subject (the mention does not constitute inclusion by reference):

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

Short name: TELSYS

Address: Granit 5, Petah Tikva 4951404 Phone: 03-7657666, 03-7567622 Fax: 03-6497407 Email: boaz@telsys.co.il Company website: www.telsys.co.il

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.

Previous names of the reporting entity:

Electronic signatory name: Boaz Finkelstein Position: Deputy CEO Finance and Company Secretary Employer company name:

Address: Granit 5, Petah Tikva 4900102 Phone: 03-7657622 Fax: 03-6497407 Email: boaz@telsys.co.il