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

May 26, 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 |
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| DANEL (ADIR YEOSHUA) LTD |
| Company number in the registry: 520037565 |
| To: Israel Securities Authority
www.isa.gov.il | To: Tel-Aviv Stock Exchange Ltd
www.tase.co.il | T076 (Public) | Filed via MAGNA: 26/05/2026
Reference: 2026-01-048583 |
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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 recorded in the Companies Registrar 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 purposes of reporting on a number of shareholders who hold, together with him, securities of the corporation: No

Name of the controlling shareholder of the interested party -

Identification number of the controlling shareholder of the interested party -

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

Country of citizenship / incorporation or registration: _____

Stock exchange security number: 1198654

Name and type of the security: Danel W 2023

Nature of the change: Decrease due to sale on the stock exchange

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 carried out in this manner.

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

Date of change: 26/05/2026

Transaction price: 46,120 Currency agorot

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

Balance (in quantity of securities) in the last report: 5,501 Percentage of holding out of all securities of the same type in the last report: % 6.94

Change in quantity of securities: 5,501-

Current balance (in quantity of securities): 0 Current percentage holding out of all securities of the same type: % 0

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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.

Percentage holding after the change: In equity: % 0.06 In voting power: % 0.06

Explanation: Percentage holding after the change does not relate to convertible securities.

Percentage holding after the change on a fully diluted basis: In equity: % 0.05 In voting power: % 0.06

Note number

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

No.	Note
1	_____

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

If the full consideration was not paid on the date of the change, please indicate the date of completion of payment:

1. If the change is by way of signing a lending agreement, please specify details regarding the manner in which the lending will be terminated:

Explanation: The percentage holdings must be stated taking into account all securities held by the interested party.

1. The date and time on which the corporation first became aware of the event or matter 26/05/2026 At time 11:20
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 the persons authorized to sign on behalf of the corporation. The staff's position paper on this matter can be found on the Authority's website: Click here.

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

Securities of the corporation are listed for trading on the Tel-Aviv Stock Exchange Form structure update date: 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: Yitzhaki ErezPosition: Legal counselName of employing company:

Address: Aba Hillel 12, Ramat Gan5250606Telephone: 03-7564032Fax: 03-7564031E-mail: erezy@edanel.co.il