DANEL (Adir Yeoshua) Ltd. — Major Shareholding Notification 2026

May 7, 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 www.isa.gov.il
To: The Tel-Aviv Stock Exchange Ltd www.tase.co.il
T076 (Public)
Filed via MAGNA: 07/05/2026
Reference number: 2026-01-042192

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. For reporting 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 should be used.

1. Name of corporation / surname and first name of the holder: Universal Motors Israel Ltd
   Name of corporation / surname and first name of the holder in English as registered with the Registrar of Companies or in the passport:
   UNIVERSAL MOTORS ISRAEL LTD
   Type of identification number: Number in the Israeli Registrar of Companies
   Identification number of the holder: 511809071
   Type of holder: Interested party that does not meet any of the other definitions
   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 for several shareholders holding together with it securities of the corporation: No
   Name of the controlling shareholder in the interested party See Note 1 below
   Identification number of the controlling shareholder in the interested party See Note 1 below
   Citizenship / Country of incorporation or registration: Incorporated in Israel
   Country of citizenship / incorporation or registration:
   Stock exchange security number: 314013
   Name and type of the security: Danel ordinary share
   Nature of the change: Change
   Transfer of 177,818 shares by the interested party (Universal Motors Israel Ltd) to a trustee - Fisher Bachar & Co. Trustees Ltd. See details in Note 2 below.
   Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the TASE Regulations, shall be classified as an off-exchange transaction, while disclosing 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 the change: 06/05/2026
   Transaction price: 0 Currency Agorot
   Whether they are dormant shares or securities convertible into dormant shares: No
   Balance (in quantity of securities) in the last report: 1,350,952 Holding percentage of the total securities of the same type in the last report: % 22.68
   Change in the quantity of securities: 0+
   Current balance (in quantity of securities): 1,350,952 Current holding percentage of the total securities of the same

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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.

type: % 22.68

Holding percentage after the change: In equity: % 22.68 In voting power: % 22.94

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

Holding percentage after the change on a fully diluted basis: In equity: % 22.42 In voting power: % 22.67

Note no. 2

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

No.	Note
1	According to what was provided to the company by the interested party, the controlling shareholders in the interested party are Hamizrach Holdings Ltd, Reg. No. 511041659, which holds approx. 39.68% of the issued and paid-up share capital of the interested party ("Hamizrach") and Comasco Ltd, Reg. No. 510407869 ("Comasco"), which holds approx. 39.68% of the issued and paid-up share capital of the interested party. The shareholders of Hamizrach are Messrs. David Eini, Daniel Meir Eini, Keren Gabay, Yoram Eini, Iris Sandra Leibitzky-Eini, Eliyahu Eini, Roni Fortis and Lior Henry Fortis. The shareholders of Comasco (through Comasco Holdings (1993) Ltd, Reg. No. 511787178) are Messrs. Chaim Danon, Eran Danon, Efrat Taller and Inbar Danon Laub.
2	As was provided to the company by the interested party, on May 6, 2026 the interested party transferred to the trustee – Fisher Bachar & Co. Trustees Ltd, Reg. No. 513084798 (the "Trustee") 177,818 shares of the company, constituting 2.99% of the company's share capital and 3.02% of the voting power (the "Excess Shares"). Pursuant to the provisions of the trust deed, during the period in which the Excess Shares are held by the Trustee, the Trustee shall not exercise the voting power in connection therewith in any matter whatsoever.

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 specify the date of completion of the payment:

1. If the change is by way of signing a lending deed, please specify details regarding the method of ending the lending:

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 06/05/2026 at 16:55
2. Details of the actions that caused the change

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

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

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, a report filed under these regulations shall be signed by the persons authorized to sign on behalf of the corporation. The Staff's 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 incorporation by reference):

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

Date of last form structure update: 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:

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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.

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