DANEL (Adir Yeoshua) Ltd. — Share Issue/Capital Change 2026

Jan 25, 2026

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DANEL (ADIR YEOSHUA) LTD

Company Number: 520037565

To:

• Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd. (www.tase.co.il)
• Form No.: T087 (Public)
• Report sent via MAGNA: 25/01/2026
• Reference: 2026-01-009428

Statement of Capital, Grant of Rights to Purchase Shares, and Security Registers of the Corporation and Changes Thereto

Regulation 31e of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 32 of the Securities Regulations (Periodic and Immediate Reports) 1970 Nature of Change:

Realization of options into ordinary shares of the company.

Explanation: Briefly describe the nature of the change

Reference numbers for previous reports on the subject:

_________, _________, _________.

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1. Corporation's Security Position After the Change:

Name and Type of Security	Security Number	Quantity in Registered Capital	Issued and Paid Capital	Quantity Registered On Behalf of Registering Company
Ordinary share	314013	10,000,000	Last report: 6,252,359	6,254,341
			Current: 6,254,359
Danel Op 2021	3140167	0	Last report: 3,660	0
			Current: 3,660
Danel Op 2023	1198654	0	Last report: 102,591	0
			Current: 100,591

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

2. The corporation announces that:

On Date: 25/01/2026

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

Description of the nature of the change: Realization of 2,000 options of type Danel Op 2023 into 2,000 ordinary shares of the company.

Explanation: Please describe all details of the transaction or action causing the change in the securities of the corporation.

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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.

Holder Affected by the Change:

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Name: I.B.I. Benefit Plan (2000) Ltd.
Id Type: Company number in the Israeli Companies Register
Id Number: 512907718
Nature of Change: Option realization
Date of Change: 25/01/2026
Processed via the Exchange Clearing House: Yes
Type and Name of Security Changed: Danel Op 2023
Security Number: 1198654
Holder's Balance in Security - Last Report: 102,591
Holder's Balance in Security - After Change: 100,591
Total Quantity Changed (Decrease/Increase): 2,000
Does This Involve Grant of Rights to Purchase Shares: No
Total Consideration for Allocated Securities:
Stock Exchange Number for Share Derived from Realization:
Quantity of Shares to Result from Full Realization/Conversion:
Total Added Consideration from Full Realization/Conversion of Security into Shares:
Period in which Security May Be Realized:
From: to:
Allocated securities will be registered for trading:
The allocation is subsequent to: published on with reference number
☑ The security was fully redeemed and the payment was fully received.
☐ The security was fully redeemed, but payment was not fully received.
☐ Issued for an ATM program.
☐ Other:

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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.

Holder Affected by the Change:

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Name: Mizrahi Tefahot Registration Company Ltd.
Id Type: Company number in the Israeli Companies Register
Id Number: 510422249
Nature of Change: Option realization
Date of Change: 25/01/2026
Processed via the Exchange Clearing House: Yes
Type and Name of Security Changed: Danel, Ordinary share
Security Number: 314013
Holder's Balance in Security - Last Report: 6,252,341
Holder's Balance in Security - After Change: 6,254,341
Total Quantity Changed (Decrease/Increase): 2,000
Does This Involve Grant of Rights to Purchase Shares: No
Total Consideration for Allocated Securities:
Stock Exchange Number for Share Derived from Realization:
Quantity of Shares to Result from Full Realization/Conversion:
Total Added Consideration from Full Realization/Conversion of Security into Shares:
Period in which Security May Be Realized:
From: to:
Allocated securities will be registered for trading:
The allocation is subsequent to: published on with reference number
☑ The security was fully redeemed and the payment was fully received.
☐ The security was fully redeemed, but payment was not fully received.
☐ Issued for an ATM program.
☐ Other:

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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.

Explanations:

• 1. If the change affects more than one security, the effect should be detailed in a separate row for each security.
• 1. Date of change all changes of the same type in the same security conducted on one day are to be summarized in one line. In this regard, a distinction is made between changes done through the exchange clearing house and those made directly in the company's records.
• 1. Changes resulting in a decrease should be indicated with the mark "-".
• 1. All quantity fields should state the number of securities and not NIS par value.

3. Main Shareholder Register at the Reporting Date:

No.	Registered Shareholder Name	Id Type	Id Number	Security Number	Type and Nominal Value of Shares	Quantity of Shares	Holds as Trustee
1	Mizrahi Tefahot Registration Company Ltd.	Company number in the Israeli Companies Register	510422249	314013	Ordinary	6,254,341	No

4. Attached is a file of the shareholder registry in accordance with Section 130 of the Companies Law, 1999.

1. Attached is an updated file of the company's securities registers, including the register of option holders and the register of bond holders.

pdf.isa_מרשם_ניירות_ערך_מעודכן_מ_25012026_מונגש

Alt: Updated register of securities as of 25/01/2026 – accessible version for ISA.

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Details of the authorized signatories for the corporation:

No.	Name of Signatory	Position
1	Ilan Ovadia	CFO (Vice President Finance)

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), ^a report submitted per these regulations must be signed by those authorized to sign on behalf of the corporation. The staff's position on this can be found on the authority's website: Click here

Additional Information

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

Update date of form structure: 06/08/2024

Short name: Danel

Address:

Aba Hillel 12, Ramat Gan, 5250606

Phone: 03-7564032 Fax: 03-7564031

Email: ilanov@edanel.co.il

Former Names of the Reporting Entity:

Electronic Signatory Name: Erez Yitzhaki

Position: Legal Counsel

Employer Company Name:

Address: Aba Hillel 12, Ramat Gan, 5250606

Phone: 03-7564032 Fax: 03-7564031

Email: erezy@edanel.co.il

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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.

End of report