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

Nov 4, 2025

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 YEOSHUA) LTD.

Registry number: 520037565

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Broadcast on MAGNA: 04/11/2025

Reference: 2025-01-083753

Capital Status, Granting Rights to Purchase Shares, Corporate Securities Registers, and Changes Therein

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

Nature of the change: Exercise of warrants into ordinary shares of the company

Reference numbers of previous reports on this subject: _________ , _________ , _________ .

1. The company's securities register after the change:

Name and type of security	TASE security number	Amount in registered capital	Issued and paid-up capital: Most recent report	Issued and paid up capital: Current	Quantity recorded by nominee company
Ordinary Share	314013	10,000,000	6,247,626	6,247,919	6,247,901
DANEL Warrant 2021	3140167	0	7,334	4,065	0
DANEL Warrant 2023	1198654	0	106,836	106,836	0

Explanation: All company securities must be detailed, including non-traded securities.

1. The corporation announces that: From date: 29/10/2025 until date: 30/10/2025

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.

A change occurred in both the amount and in the register of holders of securities (including rights to purchase shares) in the corporation as a result of: Description of nature of change: Exercise of 3,269 DANEL Warrant 2021 into 293 ordinary shares of the company. Explanation: Must describe all details of the transaction or action causing the change in the corporation's securities.

[Section detailing changes by registered holder:]

• 1. Name of registered holder affected by the change: IBI Benefit Plan (2000) Ltd. Type of ID number: Israel Companies Registrar Number ID Number: 512907718 Nature of change: Exercise of warrants Date of change: 29/10/2025 Executed via TASE Clearing House: Yes Type and name of security affected by the change: DANEL Warrant 2021 TASE security number: 3140167 Holder's balance of security in the last report: 7,334 Holder's balance of security after the change: 4,199 Total change in amount of security: 3,135 Is this a grant of rights to purchase shares: No The security has been fully paid up and all consideration received.
• 1. Name of registered holder affected by the change: Mizrahi Tefahot Registration Company Ltd. Type of ID number: Israel Companies Registrar Number ID Number: 510422249 Nature of change: Exercise of warrants Date of change: 29/10/2025 Executed via TASE Clearing House: Yes Type and name of security affected by the change: DANEL, ordinary share TASE security number: 314013 Holder's balance of security in last report: 6,247,608 Holder's balance of security after the change: 6,247,889 Total change in amount of security: 281 Is this a grant of rights to purchase shares: No The security has been fully paid up and all consideration received.
• 1. Name of registered holder affected by the change: IBI Benefit Plan (2000) Ltd. Type of ID number: Israel Companies Registrar Number ID Number: 512907718 Nature of change: Exercise of warrants Date of change: 30/10/2025 Executed via TASE Clearing House: Yes Type and name of security affected by the change: DANEL Warrant 2021 TASE security number: 3140167 Holder's balance of security in the last report: 4,199 Holder's balance of security after the change: 4,065 Total change in amount of security: 134 Is this a grant of rights to purchase shares: No The security has been fully paid up and all consideration received.
• 1. Name of registered holder affected by the change: Mizrahi Tefahot Registration Company Ltd. Type of ID number: Israel Companies Registrar Number ID Number: 510422249 Nature of change: Exercise of warrants Date of change: 30/10/2025 Executed via TASE Clearing House: Yes Type and name of security affected by the change: DANEL, ordinary share TASE security number: 314013 Holder's balance of security in last report: 6,247,889 Holder's balance of security after the change: 6,247,901 Total change in amount of security: 12 Is this a grant of rights to purchase shares: No The security has been fully paid up and all consideration received.

Explanations:

• 1. If the change affects more than one security, specify the effect for each security in a separate row.
• 1. Date of change all changes of the same kind, in the same security, made on one day, should be summed in one row. For this purpose, distinguish between changes made via TASE Clearing House and those performed directly in the company's books.
• 1. For reductions, precede the quantity with "-".
• 1. All amount fields refer to number of securities and not to par value.
• 1. Main shareholders register as of the report date is as follows:

No.	Name of registered	Type of ID	ID	TASE security	Type and par	Number of	Holding as
	shareholder	number	Number	number	value of shares	shares	trustee?
1	Mizrahi Tefahot Registration Company Ltd.	Israel Companies Registrar No.	510422249	314013	Ordinary	6,247,901	No

• 1. Attached is a file of the shareholders register according to Section 130 of the Companies Law, 1999.
• 1. Attached is an updated file of the company's securities registers, including the option holders register and bond holders register:

[Attachment: Marsha_Neyarot_Erech_Updated_M_04112025_Accessible_isa.pdf]

Authorized signatory details for signing on behalf of the corporation:

No.	Name of signatory	Position
1	Ilan Ovadia	CFO

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.

Explanation: According to Regulation 5 to the Periodic and Immediate Reports Regulations (1970), a report submitted pursuant to these regulations shall be signed by the persons authorized to sign on behalf of the corporation. Staff's position on this matter can be found on the Authority's website: Click here

Previous names of the reporting entity:

Electronic reporting person name: Erez Yitzhaki Position: Legal Advisor

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

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

Short name: Danel

Date of form structure update: 06/08/2024

Registered office: Aba Hillel 12, Ramat Gan, 5250606 Tel: 03-7564032 Fax: 03-7564031 Email: ilanov@edanel.co.il