Isrotel Ltd.

Major Shareholding Notification • Oct 27, 2025

ISROTEL LTD.

Registration Number: 520042482

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public)

Broadcast on MAGNA: 27/10/2025 Reference Number: 2025-01-080387

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting ^a change in the holdings of securities of the reporting corporation only. For reporting ^a change in the holdings of securities of ^a subsidiary of the reporting corporation when its activity is material to the reporting corporation's activity, use form T121.

version. For more information, please review the legal disclaimer.
Holder's Name / Corporate Name: Amit Bahat
EN: AMIT BAHAT
Type of ID Number: Identity Card Number
Holder's ID Number: 24496838
Type of Holder: Senior officer who is not CEO or director and is not an interested party by virtue of holdings
The hedge fund has the right to appoint a director or its representative to the company's board:
Is the holder a representative for the purpose of this report of several shareholders who jointly hold the corporation's securities: No
Name of controlling shareholder in the interested party: -
ID Number of controlling shareholder: -
Citizenship / Country of Incorporation or Registration: Individual with Israeli citizenship
Country of Citizenship / Incorporation or Registration:
TASE Security Number: 1152552
Name and Type of Security: Warrants 2018
Nature of Change: Decrease, Other
Other: Exercise of employee options (non-tradable)
Was the change in one transaction or a number of transactions (aggregate change): Single transaction
Date of Change: 27/10/2025
Transaction Price: 0 agorot
Are these dormant shares or securities convertible to dormant shares: No
Previous holding balance (in quantity): 82,051
Previous holding percentage of same security: 3.87%
Change in number of securities: 2,188-
Current holding (in quantity): 79,863
Current holding percentage of same security: 3.77%
Holding percentage after the change: in capital: 0%
In voting rights: 0%
Explanation: The holding percentage after the change does not refer to convertible securities.
Holding percentage after the change on fully diluted basis: in equity: 0.13%
In voting rights: 0.14%

Note number: _________

Note: If a value for increase due to a forced purchase of lent securities or a decrease due to a forced sale of lent securities is selected, then lent securities that were not returned to the lender and thus the loan became a forced purchase and the lending an forced sale.

Explanatory Table

No.	Note
1

_________

				1. Was the full consideration paid at the date of the change: Yes
--	--	--	--	-------------------------------------------------------------------	--	--	--	--	--	--	--	--

If not, indicate date of completion: _________

1. If the change was through signing a loan agreement, indicate details regarding the termination of the loan:

Explanation: Indicate holding rates taking into account all securities held by the interested party.

• 1. Date and time the corporation first became aware of the event or matter: 27/10/2025 at 10:00
• 1. Details of actions that caused the change: _________

Authorized signatories for the corporation:

No.	Name	Role
1	Asaf Beck	Other (Legal advisor, company secretary, and business development manager)

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

Previous reference numbers on this subject (mention does not constitute incorporation by reference):

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

Short name: Isrotel

Address: Hamared 29, 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's name: Cohen Mirit

Position: Treasurer

Employer company name: ISROTEL LTD.

Address: Yitzhak Sadeh 8, Tel Aviv 6777508

Phone: 03-5197700 Fax: 03-5104646

Email: mirit@isrotel.co.il

Form structure last updated: 04/02/2025