Delek Automotive Systems Ltd.

Major Shareholding Notification • Nov 4, 2025

DELEK AUTOMOTIVE SYSTEMS LTD

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) to the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is designated for reporting changes in holdings in securities of the reporting corporation only. For reporting changes in holdings in securities of a subsidiary whose activity is material to the reporting corporation's activity, use Form T121.

Details of Interested Parties/Senior Officers Whose Holdings Changed

1. ALTSHULER SHAHAM PROVIDENT FUNDS LTD

2. Type of holder: Provident funds and companies managing provident funds

3. Holder ID type: Israeli Companies Registrar number
4. Holder ID: 513173393
5. Controlling shareholders: Gilad Altshuler and Kalman Shaham, via companies (IDs: 514305200; 514305218)
6. Incorporation country: Incorporated in Israel
7. Security number (TASE): 829010
8. Name and Type of Security: Delek Motors Ordinary Shares
9. Essence of change: Decrease
10. Due to sale on the stock exchange
11. Was the holder acting as a representative for other shareholders in this report? No
12. Previous balance (number of securities): 10,700,542
13. Previous holding percentage: 11.03%
14. Change in quantity: -2,834,000
15. Current balance (number of securities): 7,866,542
16. Current holding percentage: 8.11%
17. Current holding in capital and voting rights: 8.11%
18. Full dilution percentage (capital & voting): 8.11%
19. Type of transaction: Multiple transactions
20. Date of change: 30/10/2025
21. Transaction rate: 2,705.95 agorot (Ag')
22. Are they dormant shares or convertibles to dormant shares? No

2. ALTSHULER SHAHAM MUTUAL FUNDS MANAGEMENT LTD

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.

• Type of holder: Companies managing joint investment trust funds
• Holder ID type: Israeli Companies Registrar number
• Holder ID: 511944670
• Controlling shareholders: Gilad Altshuler and Kalman Shaham, via companies (IDs: 514305200; 514305218)
• Incorporation country: Incorporated in Israel
• Security number (TASE): 829010
• Name and Type of Security: Delek Motors Ordinary Shares
• Essence of change: Decrease
• Due to sale on the stock exchange
• Was the holder acting as a representative for other shareholders in this report? No
• Previous balance (number of securities): 1,095,403
• Previous holding percentage: 1.13%
• Change in quantity: -357,322
• Current balance (number of securities): 738,081
• Current holding percentage: 0.76%
• Current holding in capital and voting rights: 0.76%
• Full dilution percentage (capital & voting): 0.76%
• Type of transaction: Multiple transactions
• Date of change: 30/10/2025
• Transaction rate: 2,705.95 agorot (Ag')
• Are they dormant shares or convertibles to dormant shares? No

Additional Remarks:

	1. Was full consideration paid at the time of change? Yes

1. If not paid in full, date of final payment completion: _________

					3. In case of a loan agreement, details on loan conclusion:

• 1. Timestamp when the corporation first became aware of the event: 03/11/2025 at 10:00
• 1. Details of the actions resulting in the change: _________

Authorized Signatories for the Corporation:

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	Position
Ronit Bachar	CFO
Gil Agmon	CEO & Director

Previous Names: Gal Industries Weizfilr Ltd

Stock Exchange Listing: Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange (TASE)

Short name: Delek Motors

Address: P.O. Box 200, Moshav Nir Zvi, 72905

Phone: 08-9139804, 08-9139864

Fax: 08-9139946

Email: r.bachar@delekmotors.co.il

Electronic Signatory: Oded Meir Porat (Legal Advisor & Company Secretary)

Phone: 08-9139804 Fax: 08-9139996

Email: o.porat@delekmotors.co.il

Explanation: Per Regulation 5 to the Periodic and Immediate Reports Regulations, a report submitted in accordance with these regulations must be signed by the persons authorized to sign on behalf of the corporation.

For further details, refer to the Israel Securities Authority website: Click here

Form structure updated: 04/02/2025

Note: If a value is chosen as an increase due to a forced purchase of borrowed securities or a decrease due to a forced sale of borrowed securities, then securities that were not returned to the lender are considered a forced purchase or sale, respectively.