El Al Israel Airlines Ltd.

Major Shareholding Notification • Sep 2, 2025

EL AL ISRAEL AIRLINES LTD

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

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

Note: This form is intended for reporting changes in holdings of securities of the reporting corporation only. For reporting changes in holdings of securities of a subsidiary of the reporting corporation, if its activity is material to the activity of the reporting corporation, use Form T121.

1. Holder Details

2. Name of corporation/Last name and first name of holder: Dina Ben Tal Ganancia

3. Name in English as registered in the Companies Registrar or in the passport: Dina Ben Tal Ganancia
4. Type of identification number: Identity card number
5. Holder's identification number: 031886500
6. Type of holder: Director/CEO
7. Does the hedge fund have the right to appoint a director or representative to the company's board? _________
8. Is the holder a representative for the purpose of reporting several shareholders holding together securities of the corporation? No
9. Name of controlling shareholder in the interested party: -
10. Identification number of controlling shareholder in the interested party: -
11. Citizenship/ Country of incorporation or registration: Private individual with Israeli citizenship
12. Country of citizenship / incorporation or registration: _________
13. Security number on the stock exchange: 1191014
14. Name and type of security: EL AL ISRAEL AIRLINES LTD. Warrant 11/22
15. Nature of change: Decrease
16. Other: _________
17. Explanation: Decrease in convertible securities due to their conversion to shares or redemption
18. Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction
19. Date of change: 31/08/2025
20. Transaction rate: 0 agorot
21. Are these dormant shares or securities convertible to dormant shares: No
22. Balance (in number of securities) in the last report: 652,261
23. Holding percentage of total securities of the same type in the last report: 5.7%
24. Change in number of securities: -400,000
25. Current balance (in number of securities): 252,261
26. Current holding percentage of total securities of the same type: 1.86%
27. Holding percentage after the change: In capital: 0% In voting rights: 0%
28. Explanation: The holding percentage after the change does not refer to convertible securities.
29. Holding percentage after the change on a fully diluted basis: In capital: 0.05% In voting rights: 0.05%
30. Note number: _________

[...]

Note: If the value "increase due to forced purchase of loaned securities" or "decrease due to forced sale of loaned securities" is selected, then loaned securities not returned to the lender, and thus the lending action became a forced purchase and the lending action a forced sale.

Explanatory Notes Table

No.	Note
1	___

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

If not all the consideration was paid at the time of the change, please specify the date of completion of the payment:

1. If the change is by signing a loan agreement, please specify details regarding the termination of the loan:

Explanation: Please specify the holding percentages taking into account all securities held by the interested party.

• 1. The date and time the corporation first became aware of the event or matter: 01/09/2025 at 10:00
• 1. Details of the actions that caused the change:

Authorized signatories for the corporation:

No.	Name of Signatory	Position
1	Sharon Brownstone Zait	Other (Deputy CEO, Legal Advisor of the Company)
2	Inbal Carmi	Other (Company Secretary)

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

Previous reference numbers of documents on the subject (the mention does not constitute inclusion by reference):

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

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 names of the reporting entity:

Name of electronic reporter: Zagot Yulia Position: Attorney/Legal Advisor Employer company name: Address: Ben Gurion Airport 41, Lod 7110001 Phone: 03-9716760 Email: yuliaz@elal.co.il

Note: Please specify the holding percentages considering all securities held by the interested party.

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

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 names of the reporting entity:

Name of electronic reporter: Zagot Yulia Position: Attorney/Legal Advisor Employer company name: Address: Ben Gurion Airport 41, Lod 7110001 Phone: 03-9716760 Email: yuliaz@elal.co.il

This is a translation of the original Hebrew document. In case of any discrepancy, the Hebrewversion shall prevail.