DANEL (Adir Yeoshua) Ltd. — Share Issue/Capital Change 2025

Sep 7, 2025

DANEL (ADIR YEOSHUA) LTD.

DANEL (ADIR YEOSHUA) LTD.

Registration Number: 520037565

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 07/09/2025 Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il Reference: 2025-01-067501

Capital Structure, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Their Changes

Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the Change:

Exercise of options into ordinary shares of the company.

Explanation: Please briefly describe the nature of the change.

Reference Numbers of Previous Reports on the Subject:

_________, _________, _________.

1. The Corporation's Securities Position After the Change:

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
Ordinary Share	314013	10,000,000	Last Report: 6,246,369	6,247,237
			Current: 6,247,255
DANEL Warrant 2021	3140167	0	Last Report: 7,700	0
			Current: 7,700
DANEL Warrant 2023	1198654	0	Last Report: 107,727	0
			Current: 106,841

Explanation: All securities of the company must be detailed, including securities not listed for trading.

2. The Corporation Announces That:

On the date: 07/09/2025

A change occurred in the quantity and in the register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change:

Exercise of 886 DANEL Warrant 2023 into 886 ordinary shares of the company.

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Section 1

• 1. Name of the registered holder affected by the change: I.B.I. Benefit Plan (2000) Ltd. Type of identification number: Number in the Israeli Companies Register Identification number: 512907718
• Nature of the change: Exercise of warrants
• Date of change: 07/09/2025
• Executed via the TASE clearing house: Yes
• Type and name of security affected: DANEL Warrant 2023
• Security number on TASE: 1198654
• Holder's balance in the security in the last report: 107,727
• Holder's balance in the security after the change: 106,841
• Total quantity of securities increased/decreased: 886
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• Security number on TASE of the share resulting from the exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period during which the security can be exercised: _________
• From: _________ To: _________
• Allocated securities will be registered for trading: _________
• The allocation of these securities is a continuation of: _________ published on: _________, reference number: _________
• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for the purpose of an ATM program
• Other: _________
• 1. Name of the registered holder affected by the change: Mizrahi Tefahot Registration Company Ltd.

Type of identification number: Number in the Israeli Companies Register Identification number: 510422249

• Nature of the change: Exercise of warrants
• Date of change: 07/09/2025
• Executed via the TASE clearing house: Yes
• Type and name of security affected: DANEL, Ordinary Share
• Security number on TASE: 314013
• Holder's balance in the security in the last report: 6,246,351
• Holder's balance in the security after the change: 6,247,237
• Total quantity of securities increased/decreased: 886
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• Security number on TASE of the share resulting from the exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period during which the security can be exercised: _________
• From: _________ To: _________
• Allocated securities will be registered for trading: _________
• The allocation of these securities is a continuation of: _________ published on: _________, reference number: _________
• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for the purpose of an ATM program
• Other: _________

Explanations:

• 1. If the change affects more than one security, the effect of the change must be detailed in a separate row for each security.
• 1. Date of change all changes of the same type, in the same security, performed on the same day, will be summarized in one row. For this purpose – changes performed via the TASE clearing house must be separated from changes performed directly in the company's books.
• 1. For a decrease, add the sign "-".
• 1. All quantity fields must be filled with the number of securities and not NIS par value.

A change occurred only in the register of holders of the corporation's securities (without a change in the quantity of the corporation's securities) as a result of:

Description of the nature of the change:

Explanation: Please describe all details of the transaction or action that caused the change in the register.

Section 2

• 1. Name of the registered holder affected by the change: _________
• Type of identification number: _________
• Identification number: _________
• Date of change: _________
• Executed via the TASE clearing house: _________
• Type and name of security affected: _________
• Security number on TASE: _________
• Quantity of change: _________
• Holder's balance in the security after the change: _________

3. Main Register of Shareholders as of the Reporting Date:

No.	Name of Registered Shareholder	Type of Identification Number	Identification Number	Security Number on TASE	Type and Par Value of Shares	Number of Shares	Holds Shares as Trustee
1	Mizrahi Tefahot Registration Company Ltd.	Number in the Israeli Companies Register	510422249	314013	Ordinary	6,247,237	No

• 1. Attached is a file of the register of shareholders in accordance with Section 130 of the Companies Law, 1999.
• 1. Attached is an updated file of the registers of the corporation's securities, including the register of warrant holders and the register of bond holders.

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Ilan Ovadia	CFO

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those 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

Previous reference numbers on the subject (the mention does not constitute incorporation by reference):

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

Short name: DANEL

Address: Aba Hillel 12, Ramat Gan 5250606 Phone: 03-7564032, Fax: 03-7564031

Email: ilanov@edanel.co.il

Previous names of the reporting entity:

Electronic reporter name: Erez Yitzhaki Position: Legal Advisor Employer company name:

Address: Aba Hillel 12, Ramat Gan 5250606 Phone: 03-7564032, Fax: 03-7564031 Email: erezy@edanel.co.il

Form structure update date: 06/08/2024