El Al Israel Airlines Ltd.

Declaration of Voting Results & Voting Rights Announcements • Dec 17, 2025

EL AL ISRAEL AIRLINES LTD

Company Number: 520017146

To:

• The Israel Securities Authority (www.isa.gov.il)
• The Tel Aviv Stock Exchange Ltd (www.tase.co.il)

Form Number: T087 (Public) Filed via MAGNA: 17/12/2025 Reference: 2025-01-100533

Statement of Capital, Grant of Rights to Purchase Shares, and the Corporation's 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 change:
-------------------	--	--

Realization of warrants (Series 3)
Explanation: Please briefly describe the nature of the change.
Previous report references:,,

1. The Company's Securities Post-Change:

Name and Type of Security	TASE Security Number	Quantity in Registered Capital	Issued & Paid-Up Capital (Last Report)	Issued & Paid-Up Capital (Current)	Quantity on Registering Company's Name
Ordinary Share	1087824	1,875,000,000	553,154,652	553,406,652	553,406,060
Special State Share	1087865	1	1	1	0
EL AL Warrant 3	1205467	35,734,366	35,986,366	35,734,366	35,734,366
EL AL Warrant 11/22	1191014		12,984,666	12,984,666	0

Explanation: List all company securities, including securities not listed for trading.

2. The Corporation Reports That:

On 16/12/2025, a change in the quantity and register of company security holders (including rights to purchase shares) occurred as a result of: Realization of options

Explanation: Describe the transaction or action leading to the change in the company's securities.

Details:

Holder for whom the change applies: The Tel Aviv Stock Exchange Registration Company Ltd

Identification type: Other Identifier
ID Number: 515736817
Nature of Change: Realization of options
Date of Change: 16/12/2025
Executed via TASE Clearing House: Yes
Type and name of changed security: EL AL Ordinary Share
TASE Security Number: 1087824
Holder's security balance in last report: 553,154,060
Holder's security balance post-change: 553,406,060
Total securities increased or decreased: 252,000
Is it a grant of rights to purchase shares: No
Total consideration for issued securities:
TASE number of shares resulting from realization:
Quantity of shares resulting from full realization/conversion:
Total additional amount to be received from realization/conversion:
Period in which securities can be realized:
From date:
To date:
Securities allocated will be registered for trade:
The allocation is following:
Published on date:
Reference number:
The security was fully paid, and the consideration was fully received.
The security was fully paid, but the consideration was not fully received.
Issued for ATM program.
Other. Remarks:

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, describe its effect in a separate line for each security.
• 1. Change date: All same-type changes for a security made on the same day are summarized in one line. For this, separate changes made via the stock exchange clearing house and those made directly in company records.
• 1. For reductions, add the sign "-".

Issued for ATM program.

Other. Remarks: __________

1. All quantity fields should indicate securities quantity and not NIS par value.

The security was fully paid, and the consideration was fully received.

The security was fully paid, but the consideration was not fully received.

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

#	Name of Registered Shareholder	ID Type	ID Number	TASE Security Number	Type of Shares and Nominal Value	Quantity of Shares	Holds as Trustee?
1

4. Attached is the shareholder register file according to Section 130 of the Companies Law, 1999:

(pdf.isa_-_דיווחים למגנא/מרשם בעלי מניות/מרשם - מימושים/מרשם_בעלי_מניות_:/161225Z](pdf.isa - 161225 Register Shareholder[

Alt text: Shareholder Register 161225 - isa.pdf

5. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bond holders:

(pdf.isa_דיווחים למגנא/מרשם בעלי מניות/מרשם - מימושים/מרשם_ניירות_ערך_:/161225Z](pdf.isa 161225 Register Securities[

Alt text: Securities Register 161225 isa.pdf

Details of the 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
1	Gil Feldman	Deputy CEO of Finance
2	Inbal Carmi	Other (Company Secretary)

Explanation: According to Regulation 5 of the Securities (Periodic and Immediate Reports) Regulations, ^a report submitted under these regulations should be signed by the authorized signatories of the corporation. For staff stance on the matter, see the Israeli Securities Authority website: Click here

Other Details:

Short Name: El Al

Address: P.O.Box 41, Ben Gurion Airport, 70100

Phone: 03-9716202, 03-9716203

Fax: 03-9717334

Email: CORPORATE@ELAL.CO.IL

Previous Entity Names:

Name of Electronic Reporter: Nahum Meitlman

Position: Legal Counsel

Email: nahumm@elal.co.il

Phone: 03-9716713

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

Form Structure Updated: 06/08/2024