Delta Israel Brands Ltd. — Major Shareholding Notification 2026

May 20, 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.

| Delta Israel Brands Ltd |
| --- |
| DELTA ISRAEL BRANDS LTD |
| Number in the Register: 516250107 |
| ______________________________________________________________________________________________________________________ |
| To: Israel Securities Authority
www.isa.gov.il
To: Tel Aviv Stock Exchange Ltd
www.tase.co.il
T079 (Public)
Filed via MAGNA: 20/05/2026
Reference: 2026-01-046987 |

Immediate report on a person who has ceased to be an interested party in the corporation

Pursuant to Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: In every place where reference is made to an interested party, the intention is also to a holder of a material means of control in a banking corporation without a controlling core

1. Details of the holder:

First name: ____

First name in English as it appears in the passport: ____

Surname / corporation name: Migdal Insurance and Financial Holdings Ltd

Surname / corporation name in English: Migdal Insurance and Financial Holdings Ltd

Type of identification number: Number in the Israeli Companies Register

Identification number: 520029984

Citizenship / country of incorporation or registration: Incorporated in Israel

Country of citizenship / incorporation or registration: ____

Address: 4 Efal St., Petah Tikva

Is the holder acting as a representative for the purpose of reporting for a number of shareholders who hold securities of the corporation together with him: No

2. Details of the transaction as a result of which the holder ceased to be an interested party in the corporation:

a. Nature of the transaction Decreased to sale on the stock exchange

b. Name and type of the security which is the subject of the transaction: Delta Brands

c. Stock exchange security number: 1173699

d. Date of execution of the transaction 19/05/2026

e. Quantity of securities which are the subject of the transaction: -150,755

f. The price at which the transaction was executed: 11,690.32agorot

g. Whether they are dormant shares or securities convertible into dormant shares No

h. Whether the entire consideration was paid on the date of the change Yes

If the entire consideration was not paid on the date of the change, please specify the date of completion of payment

3. a. Holdings after the transaction:

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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.

Name, type and series of the security	Stock exchange security number	Quantity of securities	Dormant*	Holding percentage		Holding percentage (full dilution)
				% capital	% voting	% capital	% voting
Delta Brands	1173699	1,241,632	No	4.96	4.96	4.68	4.68

b. ☐ The holder is not a member of an institutional reporting group.

The holder is not a member of an institutional reporting group, but serves/served as an officer in the company who is not a CEO or director and was not an interested party by virtue of his holdings.
The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Assets that may be bought and held in a fund and their maximum rates), 1995.
The hedge fund has the right to appoint a director or its representative to the company's board of directors
The holder is a member of an institutional reporting group. The following are details of its holdings:

The holder	Name, type and series of security	Stock exchange security number	Quantity of securities	Dormant
Participating life insurance policies accounts	Delta Brands	1173699	986,869	No
Companies managing mutual funds	Delta Brands	1173699	254,763	No
Nostro account	Delta Brands	1173699	0	No

Explanations:

1. If the interested party holds more than one type of security, the holding percentages, taking into account all the securities held by him, must be stated in only one of the rows.
2. A report must also be made of holdings of other securities, including other securities that are not listed for trading.
3. In a case where the interested party is a subsidiary, the holdings must be split between shares acquired prior to the coming into force of the Companies Law, 1999, and shares acquired after its coming into force.

4. When the holder is not a member of an institutional reporting group, only section 3(a) must be completed. When the holder is a member of an institutional reporting group, sections 3(a) and 3(b) must be completed.

5. It must be stated whether these are dormant shares or securities convertible into dormant shares

4. Additional details:

To the best of Migdal's knowledge, as of the date of the report Mr. Shlomo Eliahu is the ultimate controlling shareholder in Migdal and holds $45.49\%$ of the issued and paid-up share capital of Migdal [the "share capital"], through Eliahu Issuances Ltd. Eliahu Issuances Ltd is a company wholly owned by Eliahu 1959 Ltd. To the best of Migdal's knowledge, the shareholders of Eliahu 1959 Ltd are: Mr. Shlomo Eliahu, who holds $25.14\%$ of the capital and $98\%$ of the management shares, Mrs. Chaya Eliahu, who holds $0.02\%$ of the capital and $2\%$ of the management shares, Shlomo Eliahu Holdings Ltd, which holds $61.7\%$ of the capital, and Achim Eliahu Trustee and Investment Company Ltd, which holds $13.14\%$ of the capital. The shareholders of Shlomo Eliahu Holdings Ltd are Mr. Shlomo Eliahu, who holds $83.31\%$ , and Mrs. Chaya Eliahu, who holds $16.69\%$ . The sole shareholder of Achim Eliahu Trustee and Investment Company Ltd is Shlomo Eliahu Holdings Ltd, whose shareholders are the shareholders detailed above. The holdings in the company shares that appear under participating life insurance policies accounts are held by a registered partnership all of whose rights holders are companies of an institutional reporting group from the Migdal group. The partnership itself is not participating life insurance accounts and/or a management company. In accordance with the understandings between the partners in the partnership, the holding rate of the rights holders in the partnership changes on an ongoing basis, in accordance with the mechanism set out in the partnership agreement.

1. The date and time on which the corporation first became aware of the event or matter 20/05/2026At 12:30

Details of the authorized signatories on behalf of the corporation:

	Name of signatory	Position
1	Alham Odeh	Controller

Explanation: Pursuant 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's 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 inclusion by reference):

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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.

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange	Date of last form structure update: 04/02/2025
Short name: Delta Brands
Address: HaEshel45, Caesarea3088900	Telephone: 076-8177229, Fax: 076-8177280
E-mail: tal.peretz@deltagalil.com	Company website: www.delta-israel.com
Previous names of reporting entity:
Name of electronic reporter: Odeh Aiham	Position: Controller
Name of employing company:
Address: HaEshel45, Caesarea3088900	Telephone: 076-8177285
Fax: E-mail: aiham.odeh@deltagalil.com