DANEL (Adir Yeoshua) Ltd. — Director's Dealing 2026

May 24, 2026

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.

Danel (Adir Yehoshua) Ltd
DANEL (ADIR YEOSHUA) LTD
Number in the register: 520037565
To: Israel Securities Authority
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www.isa.gov.il

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 holdings in securities of the reporting corporation only. To report a change in holdings in securities of a held company of the reporting corporation, if its activity is material to the activity of the reporting corporation, Form T121 must be used.

1 Name of corporation / surname and first name of the holder: Dror Palenbaum

Name of corporation / surname and first name of the holder in English as registered in the Companies Register or in the passport:

DROR PALENBAUM

Type of identification number: Identity card number

Identification number of the holder: 031871593

Type of holder: Senior officer who is not a 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 of directors

Is the holder acting as a representative for the purpose of reporting of several shareholders who hold together with him securities of the corporation: No

Name of the controlling shareholder in the interested party -

Identification number of the controlling shareholder in the interested party -

Citizenship / country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship / incorporation or registration: _____

Security number on the stock exchange: 314013

Name and type of the security: Danel, ordinary share

Nature of the change: Decrease _____ due to tender offer

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in Part Three of the TASE Regulations, shall be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was executed in this manner.

Is this a change in a single transaction or several transactions (cumulative change): Single transaction

Date of change: 07/05/2026

Transaction price: 48,500 Currency agorot

Whether these are dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 3,944 Holding percentage of total securities of the same type in the last report: % 0.07

Change in quantity of securities: 636-

Current balance (in quantity of securities): 3,308 Current holding percentage of total securities of the same type: % 0.06

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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.

Holding percentage after the change: in equity: % 0.06 In voting power: % 0.06

Explanation: Holding percentage after the change does not refer to convertible securities.

Holding percentage after the change on a fully diluted basis: in equity: % 0.15 In voting power: % 0.15

Note no. ____

Note: If an increase value was chosen due to forced purchase of borrowed securities or a decrease value due to forced sale of borrowed securities, then borrowed securities that were not returned to the lender and therefore the lending transaction became a forced purchase and the lending action a forced sale.

No.	Note
1	_____

1. Was all the consideration paid on the date of the change Yes

If all the consideration was not paid on the date of the change, please specify the date of completion of the payment:

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1. If the change is by way of signing a loan deed, please specify details regarding the manner of termination of the loan:

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Explanation: The holding percentages should be stated taking into account all the securities held by the interested party.

1. The date and time on which the corporation first became aware of the event or matter 24/05/2026 At time 12:30

2. Details of the actions that caused the change ____

Details of the signatories authorized to sign on behalf of the corporation:

	Name of signatory	Position
1	Ilan Ovadia	Chief Financial Officer
2	Erez Yitzhaki	Legal Counsel of the Company

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

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

The corporation's securities are listed for trading on the Tel-Aviv Stock Exchange

Date of last update of the form structure: 04/02/2025

Short name: Danel

Address: Aba Hillel12, Ramat Gan5250606 Telephone: 03-7564032, Fax: 03-7564031

E-mail: ilanov@edanel.co.il

Previous names of reporting entity:

Name of electronic reporter: Erez Yitzhaki Position: Legal Counsel Name of employing company:

Address: Aba Hillel 12, Ramat Gan5250606 Telephone: 03-7564032 Fax: 03-7564031 E-mail: erezy@edanel.co.il