DANEL (Adir Yeoshua) Ltd.

Major Shareholding Notification • Jan 14, 2026

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DANEL (ADIR YEOSHUA) LTD

Registration number: 520037565

To: Israel Securities Authority | www.isa.gov.il

To: The Tel Aviv Stock Exchange Ltd. | www.tase.co.il

Form number: T078 (Public) Report transmitted via MAGNA: 14/01/2026 Reference: 2026-01-006454

Immediate Report Regarding a Person Becoming an Interested Party in a Corporation

Regulation 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 1970

1. Holder Details:

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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.
First name:
First name in English as appears in passport:
Last name / Corporation name: Phoenix Investment House Ltd.
Last name / Corporation name in English: The Phoenix Investments House Ltd
Type of identification number: Israel Companies Registrar number
Holder is a corporation
Identification number: 520041989
Citizenship / Country of incorporation or registration: Incorporated in Israel
Country of citizenship / Incorporation or registration:
Address: 3 Metzada St., Bnei Brak
Is the holder acting as a representative for reporting the holdings of several shareholders who, together with the holder, hold securities of the corporation? Yes
Name of controlling shareholder of interested party: The company does not have a control core.
Identification number of the controlling shareholder: -
2. Details of the Transaction Leading to Holder Becoming an Interested Party in the Corporation:
A. Nature of the action: Increase due to purchase on the stock exchange Other:
B. Name and type of security subject to the action: Ordinary share, Danel C. Security number on the stock exchange: 314013
D. Transaction execution date: 14/01/2026 E. Quantity of securities in the transaction: 60 F. Price at which the transaction was executed: 47,880 Agorot Other:

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G. Are they dormant shares or securities convertible into dormant shares? No H. Has the entire consideration been paid at the time of the change? Yes If not paid, indicate the date for completion of the payment: _________

3. A. Holdings of the Interested Party after the Transaction:

Name, Type and Series of Security	Security Number		Dormant?	Holding (%)	Full Dilution Holding (%)
Ordinary share, Danel	314013	166,224	No	Equity: 2.81, Voting: 2.84	Equity: 2.76, Voting: 2.79

B.

The holder is a member of an institutional reporting group.

Details of holdings:

Holder Type	Name, Type, Series of Security	Security Number	Quantity	Dormant?
Companies managing mutual investment fund trusts	Ordinary share, Danel	314013	168,122	No
Market Maker	Ordinary share, Danel	314013	0	No

Explanations:

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• 1. If the interested party holds more than one type of security, holding rates should be shown taking into account all securities held, only in one row.
• 1. The report should also refer to other securities, including those not registered for trading.
• 1. If the interested party is a subsidiary, split the holdings into shares purchased before and after the Companies Law, 1999 came into force.
• 1. If the holder is not a member of an institutional reporting group, fill out only section 3A. If the holder is a member of an institutional reporting group, fill out both 3A and 3B.
• 1. If the interested party is a corporation wholly (100%) owned by a single controlling shareholder, indicate the single controlling shareholder's name in the 'Holder Name' field and detail the corporation(s) through which the shares are held in the explanatory notes below. If the corporation is owned by multiple controlling shareholders or by several interested parties, state the corporation's name as holder and detail the controlling shareholders or interested parties holding the corporation.
• 1. Reporting in relation to a controlling shareholder in a bank corporation without a control core should be by form T121.

(* Indicate if the security is dormant or convertible into dormant shares)

4.

• The interested party does not hold shares or other securities in a held company, if its activity is material to the reporting corporation.
• The interested party holds shares or other securities in a held company, if its activity is material to the reporting corporation, as detailed below:

No.	Name of held company (if its activity is material)	Type of ID	ID number	Country of registration	Country	Nature of relationship to reporting corporation	Type of securities	Security number	Quantity	Percentage holding of this security type (%)	Percentage holding of equity (%)	Percentage holding of voting rights (%)
1

5. Additional Details:

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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.

As reported to the company by the interested party, the holder became an interested party in the company due to accumulated holdings together with Phoenix Phoenix Financial Ltd. (CR 520017450). Phoenix Financial Ltd. is a company without a control core. It is clarified that the market maker's holding balance (as detailed in section 3.b of the form) is negative and he holds -1,898 ordinary shares, Danel, i.e., short selling. See also the immediate report published concurrently with this immediate report, regarding the holdings of Phoenix Financial Ltd.

6. Date and Time the Corporation First Became Aware of the Event or Matter

Date: 14/01/2026 Time: 15:00

Details of the Authorized Signatories for the Corporation

No.	Signatory Name	Position
1	Ilan Ovadia	Deputy CEO Finance

Explanation: According to Regulation 5 of the Regulations on 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 is available on the Authority's website: Click here

Neyarot Erech Reshumim: The company's securities are listed for trading on the Tel Aviv Stock Exchange.

Short Name: Danel

Address: 12 Abba Hillel, Ramat Gan, 5250606

Phone: 03-7564032 Fax: 03-7564031

Email: ilanov@edanel.co.il

Previous names of the reporting entity:

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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.

Electronic reporter's name: Erez Yitzhaki

Position: Legal advisor

Employer company name:

Address: Abba Hillel 12, Ramat Gan 5250606

Phone: 03-7564032 Fax: 03-7564031

Email: erezy@edanel.co.il

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