Isrotel Ltd.

Major Shareholding Notification • Oct 21, 2025

ISROTEL LTD

ISROTEL LTD

Registration number: 520042482

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T077 (Public)

Sent via MAGNA: 21/10/2025 Reference: 2025-01-078320

Immediate Report on the Holdings of Interested Parties and Senior Officers

Regulation 33(c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970
Reference numbers of previous reports on the subject: , ,
Below is the status as of 30/09/2025:

A. Interested Parties in the Corporation (including CEO and directors, and any other employee holding five percent or more of the issued share capital or voting power):

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Equity	% Voting	Holding Percentage (Full Dilution)	% Equity	% Voting
1	ISROTEL HOTEL MANAGEMENT (1981) LTD	Ordinary Share	3,434,000	5.73	5.73	0	5.53	5.53	0
2	LFH international ltd	Ordinary Share	41,583,521	69.40	69.40	73.62	66.96	66.96	70.88
3	Lior Raviv	2018 Warrants	253,450	0	0	0	0.41	0.41	0.43
4	PHOENIX FINANCIAL LTD - Participation	Ordinary Shares	4,479,439	7.48	7.48	7.93	7.21	7.21	7.64
5	PHOENIX FINANCIAL LTD - Nostro	Ordinary Share	2,843	0	0	0.01	0	0	0
6	The Phoenix Investments House Ltd (Mutual Funds)	Ordinary Share	378,244	0.63	0.63	0.67	0.61	0.61	0.64
7	The Phoenix Investments House Ltd - Market Making	Ordinary Share	673	0	0	0	0	0	0

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Equity	% Voting	Holding Percentage (Full Dilution)	% Equity	% Voting
8	PHOENIX FINANCIAL LTD (Participating Life Insurance Accounts)	Ordinary Share	15,189	0.03	0.03	0.03	0.02	0.02	0.03

Total Holding Percentage

Total Holding Percentage	% Equity	% Voting	Total Holding Percentage (Full Dilution)	% Equity	% Voting
83.27	83.27	82.26	80.74	80.74	79.62

B. Senior Officers in the Corporation (excluding CEO and directors, and any other employee holding five percent or more of the issued share capital or voting power):

• Do not hold securities of the corporation.
• Below is the status of holdings of senior officers in the corporation:

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Equity	% Voting	Holding Percentage (Full Dilution)	% Equity	% Voting
9	Moshe Magid	Ordinary Share	10,000	0.2	0.2	0	0.02	0.02	0.02
10	Moshe Magid	2018 Warrants	154,214	0	0	0	0.25	0.25	0.26
11	Benny Levi	2018 Warrants	90,087	0	0	0	0.15	0.15	0.15
12	Benny Levi	Restricted Stock Units (RSU)	7,484	0	0	0	0.01	0.01	0.01
13	Golan Cohen	2018 Warrants	87,703	0	0	0	0.14	0.14	0.15
14	Amit Bahat	2018 Warrants	90,703	0	0	0	0.15	0.15	0.15
15	Yaron Regev	2018 Warrants	89,321	0	0	0	0.14	0.14	0.15
16	Sylvie Cohen Gabay	2018 Warrants	63,363	0	0	0	0.10	0.10	0.11
17	Yohai Engelsman	2018 Warrants	90,835	0	0	0	0.15	0.15	0.15

Total Holding Percentage

Total Holding Percentage	% Equity	% Voting	Total Holding Percentage (Full Dilution)	% Equity	% Voting
0.2	0.2	0	1.11	1.11	1.15

Explanations:

• 1. It is also required to report holdings of other securities, including those not listed for trading.
• 1. If an interested party holds more than one type of security in the corporation, the holding percentage (including full dilution) should be stated considering all securities held by him in a single row.
• 1. This form should detail the holdings of all interested parties, including those whose holdings have not changed.
• 1. If the interested party is a controlled company with significant activity for the corporation, holdings should be split between shares acquired before the Companies Law, 1999 came into effect (granting rights in equity and voting) and shares acquired after, which are dormant shares.
• 1. If the interested party is a corporation, also state the first name(s) of the ultimate controlling shareholder(s) in this corporation. If there is no controlling shareholder, provide details of the interested parties in it.
• 1. If a senior officer holds five percent or more of the issued share capital or voting power, his holdings should be detailed in the 'Interested Parties' table as specified in section A above.
• 1. If the interested party or senior officer also holds securities in a controlled company whose activities are significant for the corporation, details of these holdings should be provided in the 'Remarks' field in the holder's details.

C. As of the date of this report and according to the law, is there a

controlling shareholder in the	corporation:
Yes
No

The controlling shareholder in the corporation is: see note below ID number: 0000000 (Other identification number) Has control been transferred during the period described in the report: No

Total holding percentage (%) in the corporation's equity by all controlling shareholders: 69.4

Authorized signatories for the corporation:

Other: _________

#	Signatory Name	Position
1	Assaf Beck	Other: Legal Counsel, Company Secretary

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

To the best of the company's and directors' knowledge, the controlling shareholder of the company is LFH, which holds 73.79% of the issued and paid-up share capital of the company. To the best of the company's knowledge, LFH shares are held by members of the Lewis family directly and/or through various companies and trusts. About 21.5% of LFH shares are held (separately) by Bernard Lewis, Leonard Lewis, Simon Lewis, Benjamin Lewis, Julian Lewis, Clive Lewis, and Joseph Lewis (divided equally among them, with none holding more than 5% of LFH shares), who also serve as directors in LFH. The remainder of LFH shares is held (separately) by companies, trusts, or individuals from the Lewis family (divided equally among them, with none of the additional holders holding more than 12.5% of LFH shares). According to this information, and information provided to the company by LFH and its main shareholders, stating that there is no agreement or any other coordination among them regarding the management of their holdings in LFH, including their voting in the board or general meeting of LFH, the company's position is that LFH shareholders do not jointly hold its shares and that none of LFH's shareholders is a controlling shareholder in LFH and therefore also not in the company. The position of the Israel Securities Authority staff, as conveyed to the company, is that under the circumstances detailed above, including the family relationship between the shareholders, the Authority staff considers the LFH articles of association as an agreement creating joint holding among all LFH shareholders, given that the articles regulate, among other things, the decision-making process in the private company and therefore, according to this position, constitute a voting agreement among the shareholders. Therefore, according to the Authority staff's position, all shareholders in LFH, including shareholders in companies holding LFH shares and beneficiaries in trusts holding LFH, should be considered controlling shareholders in the company. Accordingly, the company has agreed to state the above and the Authority staff's position in relevant reports regarding interested party holdings in the company, and to report any transaction between the company and any of LFH's shareholders (except for an insignificant transaction) in an immediate report, including transactions under Regulation 3 of the Securities Regulations (Transaction between a company and its controlling shareholder), 2001, as amended, and in the periodic report under Regulation 22 of the Securities Regulations (Periodic and Immediate Reports), 1970, stating the Authority's position on the matter.

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

Form structure update date: 04/02/2025 Short name: ISROTEL Address: 29 HaMered St., Tel Aviv 6812511 Phone: 03-5197777, 03-5197758 Fax: 03-5104646 Email: beckasaf@isrotel.co.il

Previous names of the reporting entity: King Solomon's Palace Hotel Ltd

Electronic reporter name: Beck Assaf Position: Legal Advisor and Company Secretary Employer company name: ISROTEL LTD. Address: 29 HaMered St., Tel Aviv 68125 Phone: 03- 5197777 Fax: 03-5104646 Email: beckasaf@isrotel.co.il