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

May 10, 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 registry: 520037565 |
| To: Israel Securities Authority
www.isa.gov.il | To: Tel Aviv Stock Exchange Ltd.
www.tase.co.il | T076 (Public) | Submitted via MAGNA: 10/05/2026
Reference: 2026-01-042947 |
| --- | --- | --- | --- |

Immediate report on changes in holdings of interested parties and senior officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

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 an investee 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 _
   Does the holder serve 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: _
   Security number on the stock exchange: 314013
   Name and type of security: Danel ordinary share
   Nature of the change: Increasedue 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, will 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 the 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 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 all securities of the same type in the last report: % 22.68
   Change in quantity of securities: 298,546+
   Current balance (in quantity of securities): 1,649,498 Current holding percentage of all securities of the same type: % 27.69

---

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: % 27.69 In voting power: % 28.01

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

Holding percentage after the change on a fully diluted basis: In equity: % 27.37 In voting power: % 27.68

Note no. 2

Note: If the value "Increase due to forced purchase of borrowed securities" is selected, or the value "Decrease due to forced sale of borrowed securities", then borrowed securities that were not returned to the lender and consequently 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 approximately 39.68% of the issued and paid-up share capital of the interested party ("Hamizrach"), and Comasco Ltd., Reg. No. 510407869 ("Comasco"), which holds approximately 39.68% of the issued and paid-up share capital of the interested party. The shareholders in Hamizrach are Messrs. David Eini, Daniel Meir Eini, Keren Gabay, Yoram Eini, Iris Sandra Leibitzky-Eini, Eliyahu Eini, Roni Portis and Lior Henry Portis. The shareholders in Comasco (through Comasco Holdings (1993) Ltd., Reg. No. 511787178) are Messrs. Haim Danon, Eran Danon, Efrat Teller and Inbar Danon Laub.
2	As provided to the company by the interested party, on May 6, 2026 the interested party transferred to a trustee – Fischer Bechar & Co. Trustees Ltd., Reg. No. 513084798 (the "Trustee") – 177,818 shares of the company, constituting 2.99% of the company's equity and 3.02% of the voting power (the "Excess Shares"). In accordance with 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 payment:

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

Explanation: The holding percentages shall 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 09/05/2026 At time 20:22
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	Company Legal Counsel

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) 5730-1970, a report filed under these Regulations shall be signed by the persons authorized to sign on behalf of the corporation. The staff position on this matter can be found on the ISA website: Click here.

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

Securities of the corporation 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

Email: ilanov@edanel.co.il

Previous names of reporting entity:

---

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: Yitzhaki ErezPosition: Legal CounselName of employing company:

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