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 |
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| DANEL (ADIR YEOSHUA) LTD |
| Number in the Registrar: 520037565 |
| To: Israel Securities Authority
www.isa.gov.il | To: Tel-Aviv Stock Exchange Ltd
www.tase.co.il | T076 (Public) | Transferred by MAGNA: 10/05/2026
Reference: 2026-01-043101 |
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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. 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 must be used.

1 Name of corporation / surname and first name of the holder: Harel Insurance Investments & Financial Services Ltd

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

Harel Insurance Investments & Financial Services Ltd

Type of identification number: Number in the Israeli Registrar of Companies

Identification number of the holder: 520033986

Type of holder: Nostro account

The hedge fund has the right to appoint a director or its representative to the company's board of directors

Does the holder act as a representative for the purpose of reporting a number of shareholders who hold together with it securities of the corporation: Yes

Name of the controlling shareholder in the interested party See Note 1

Identification number of the controlling shareholder in the interested party See Note 1

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: Ordinary share, Danel

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 several transactions (cumulative change): Several transactions

Date of change: 10/05/2026

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: 82,465 Holding percentage of total securities of the same type in the last report: % 1.38

Change in quantity of securities: 15,212-

Current balance (in quantity of securities): 67,253 Current holding percentage of total securities of the same type: % 1.13

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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 capital: % 1.13 In voting power: % 1.14 Explanation: The holding percentage after the change does not refer to convertible securities.
Holding percentage after the change on a fully diluted basis: in capital: % 1.12 In voting power: % 1.13
Note no. 1
2 Name of corporation / surname and first name of the holder: Harel Insurance Investments & Financial Services Ltd Name of corporation / surname and first name of the holder in English as registered with the Registrar of Companies or in the passport: Harel Insurance Investments & Financial Services Ltd Type of identification number: Number in the Israeli Registrar of Companies
Identification number of the holder: 520033986
Type of holder: Companies for the management of mutual funds in trust The hedge fund has the right to appoint a director or its representative to the company's board of directors __
Does the holder act as a representative for the purpose of reporting a number of shareholders who hold together with it securities of the corporation: Yes
Name of the controlling shareholder in the interested party See Note 2
Identification number of the controlling shareholder in the interested party See Note 2
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: Ordinary share, Danel Nature of the change: Decrease __ due to sale off 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 several transactions (cumulative change): Several transactions
Date of change: 10/05/2026
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: 239,025 Holding percentage of total securities of the same type in the last report: % 4.01
Change in quantity of securities: 74,332-
Current balance (in quantity of securities): 164,693 Current holding percentage of total securities of the same type: % 2.76
Holding percentage after the change: in capital: % 2.76 In voting power: % 2.80 Explanation: The holding percentage after the change does not refer to convertible securities.
Holding percentage after the change on a fully diluted basis: in capital: % 2.73 In voting power: % 2.76
Note no. 2

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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.

3 Name of corporation / surname and first name of the holder: Harel Insurance Investments & Financial Services Ltd Name of corporation / surname and first name of the holder in English as registered with the Registrar of Companies or in the passport: Harel Insurance Investments & Financial Services Ltd Type of identification number: Number in the Israeli Registrar of Companies Identification number of the holder: 520033986 Type of holder: Provident funds and companies for the management of provident funds The hedge fund has the right to appoint a director or its representative to the company's board of directors _ Does the holder act as a representative for the purpose of reporting a number of shareholders who hold together with it securities of the corporation: Yes Name of the controlling shareholder in the interested party See Note 3 Identification number of the controlling shareholder in the interested party See Note 3 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: Ordinary share, Danel 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 several transactions (cumulative change): Several transactions Date of change: 10/05/2026 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: 590,820 Holding percentage of total securities of the same type in the last report: % 9.92 Change in quantity of securities: 48,163- Current balance (in quantity of securities): 542,657 Current holding percentage of total securities of the same type: % 9.11 Holding percentage after the change: in capital: % 9.11 In voting power: % 9.22 Explanation: The holding percentage after the change does not refer to convertible securities. Holding percentage after the change on a fully diluted basis: in capital: % 9.00 In voting power: % 9.11 Note no. 3

Note: If the value "Increase due to forced purchase of loaned securities" or the value "Decrease due to forced sale of loaned securities" is chosen, then any loaned securities that were not returned to the lender and therefore the lending transaction became a forced purchase and the lending action became a forced sale.

No.

Note

1

Yair Hamburger ID 007048671, Gideon Hamburger ID 007048663 and Nurit Manor ID 051171312. The holding of the controlling shareholders in the company is mainly through G.Y.N. Economic Consulting and Investment Management 2017 Limited Partnership (partnership number 550272587) ("G.Y.N Partnership"). A partnership controlled and fully owned by the controlling shareholders, in which they hold as limited partners, through private companies wholly

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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.

No.	Note owned by them, and also hold the general partner in the G.Y.N Partnership. These are several transactions carried out between the dates 3.4.2026 and 7.5.2026 at transaction prices between 45,285 agorot and 48,500 agorot, where the "transaction price" is the maximum transaction price at which transactions were executed (48,500 agorot).
2	Yair Hamburger ID 007048671, Gideon Hamburger ID 007048663 and Nurit Manor ID 051171312. The holding of the controlling shareholders in the company is mainly through G.Y.N. Economic Consulting and Investment Management 2017 Limited Partnership (partnership number 550272587) ("G.Y.N Partnership"). A partnership controlled and fully owned by the controlling shareholders, in which they hold as limited partners, through private companies wholly owned by them, and also hold the general partner in the G.Y.N Partnership. These are several transactions carried out between the dates 3.4.2026 and 8.5.2026 at transaction prices between 45,750 agorot and 48,500 agorot, where the "transaction price" is the maximum transaction price at which transactions were executed (48,500 agorot).
3	Yair Hamburger ID 007048671, Gideon Hamburger ID 007048663 and Nurit Manor ID 051171312. The holding of the controlling shareholders in the company is mainly through G.Y.N. Economic Consulting and Investment Management 2017 Limited Partnership (partnership number 550272587) ("G.Y.N Partnership"). A partnership controlled and fully owned by the controlling shareholders, in which they hold as limited partners, through private companies wholly owned by them, and also hold the general partner in the G.Y.N Partnership. These are several transactions carried out between the dates 29.4.2026 and 7.5.2026 at transaction prices between 45,820 agorot and 48,500 agorot, where the "transaction price" is the maximum transaction price at which transactions were executed (48,500 agorot).

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 state the date of completion of payment:

1. If the change is by way of signing a lending agreement, please provide details on the method of ending the loan:

Explanation: The holding percentages must 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 10/05/2026 at 13:45
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) (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 this 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 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

Former names of the 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