Isrotel Ltd.

Share Issue/Capital Change • Nov 6, 2025

ISROTEL LTD.

Registry number: 520042482

To: Israel Securities Authority To: The Tel-Aviv Stock Exchange Ltd. Form T087 (Public) Sent via MAGNA: 06/11/2025 Reference: 2025-

01-084519

Capital Table, Granting Rights to Acquire Shares, Registers of the Corporation's Securities, and Changes Therein

Regulation 31e to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 32 to the Securities Regulations (Immediate and Periodic Reports), 1970

Nature of the change: Issuance of shares following the exercise of (non-tradable) warrants
--------------------------------------------------------------------------------------------	--	--	--	--	--

Reference numbers of prior reports on the subject: _________, _________, _________.

1. The company's securities after the change:

Name & Type of Security	Security Number on the Exchange	Quantity in Registered Capital	Issued and Paid-In Capital (Most Recent Report)	Issued and Paid-In Capital (Current Quantity)	Quantity Registered to Nominee Company
Ordinary share	1080985	80,000,000	59,918,159	59,947,016	59,947,015
Options 2018	1152552	0	2,129,251	2,059,221	0
Blocked stock units (RSU)	1212430	0	25,384	25,384	0
Options for shares - others	1212422	0	25,253	25,253	0

Explanation: Please specify all securities of the company, including those not listed for trading.

1. The corporation notifies that: From date: 01/10/2025 To date: 31/10/2025

There has been a change in the quantity and register of holders of the corporation's securities (including rights to buy shares) as a result of: Nature of change: Issuance of shares following the exercise of (non-tradable) warrants Explanation: Please describe the transaction in detail or the action causing a change in the corporation's securities.

Below are the details for each transaction in securities:

1. Main shareholder register as of the reporting date:

No.	Registered Shareholder Name	Type of ID	ID Number	Security Number	Type and Par Value of Shares	Number of Shares	Holds shares as Trustee
1	Mizrahi Tefahot Registration Company Ltd.	Israeli Companies Registrar	510422249	1080985	Ordinary, NIS 1 par value	59,947,015	No
2	Yehuda Bar Lev	Identity Card Number	64837198	1080985	Ordinary, NIS 1 par value	1	No

Attached: Updated shareholder register file in accordance with Companies Law, 1999, section 130 (file attached in the report). Attached: Updated file of registers of the corporation's securities, including the register of warrant holders and bond holders: [Meresham_Niyarot_Haerech_Shel_Isrotel_isa.pdf]

Authorized signatories for the corporation:

1. Assaf Beck Other: Legal Advisor, Company Secretary, and Business Development Manager

Explanations:

• 1. If the change affects more than one security, specify the impact for each security in a separate line.
• 1. Date of the change all changes of the same type, in the same security, made on the same day, are summarized in one line. For this purpose, distinguish between changes made through TASE clearing and those done directly in the company's books.
• 1. For reductions, add the sign "-".
• 1. In all quantity fields, specify the quantity of securities (not NIS par value).

The corporation's securities are registered for trading on the Tel-Aviv Stock Exchange. Short name: Isrotel

Address: HaMered 29, Tel Aviv, 6812511 Phone: 03-5197777, 03-5197758 Fax: 03-5104646 Email: beckasaf@isrotel.co.il

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

Electronic reporter name: Cohen Mirit Role: Treasurer Employer: Isrotel Ltd. Address: Yitzhak Sade 8, Tel Aviv, 6777508 Phone: 03-

5197700 Fax: 03-5104646 Email: mirit@isrotel.co.il

Date of update to form structure: 06/08/2024