El Al Israel Airlines Ltd.

Major Shareholding Notification • Sep 3, 2025

EL AL ISRAEL AIRLINES LTD.

EL AL ISRAEL AIRLINES LTD.

Registration Number: 520017146

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Sent via MAGNA: 03/09/2025 Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il Reference: 2025-01-066572

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. To report 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

• Name of corporation/Last name and first name of holder: Nadav Hanin
• Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in the passport: Nadav hanin
• Type of identification number: Identity card number
• Holder's identification number: 032756298
• Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings
• The hedge fund has the right to appoint a director or its representative to the company's board: _________
• Is the holder acting as a representative for the purpose of reporting on several shareholders holding together securities of the corporation: No
• Name of controlling shareholder in the interested party: -
• Identification number of controlling shareholder in the interested party: -
• Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship/incorporation or registration: _________
• Security number on the stock exchange: 1191014
• Name and type of security: EL AL Warrant 11/22
• Nature of change: Decrease; In convertible securities due to their conversion to shares or redemption
• Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction
• Date of change: 01/09/2025
• Transaction rate: 0 agorot
• Are these dormant shares or securities convertible to dormant shares: No
• Balance (in number of securities) in the last report: 709,664
• Holding percentage of total securities of the same type in the last report: 5.23%
• Change in number of securities: 100,000-
• Current balance (in number of securities): 609,664
• Current holding percentage of total securities of the same type: 4.53%
• Holding percentage after the change: In capital: 0%; In voting rights: 0%
  • Explanation: The holding percentage after the change does not refer to convertible securities.
• Holding percentage after the change on a fully diluted basis: In capital: 0.10%; In voting rights: 0.10%

• Note number: _________

• Name of corporation/Last name and first name of holder: Nadav Hanin

• Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in the passport: Nadav Hanin
• Type of identification number: Identity card number
• Holder's identification number: 032756298
• Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings
• The hedge fund has the right to appoint a director or its representative to the company's board: _________
• Is the holder acting as a representative for the purpose of reporting on several shareholders holding together securities of the corporation: No
• Name of controlling shareholder in the interested party: -
• Identification number of controlling shareholder in the interested party: -
• Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship/incorporation or registration: _________
• Security number on the stock exchange: 1087824
• Name and type of security: EL AL Ordinary Share
• Nature of change: Increase; In shares due to conversion of securities
• Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction
• Date of change: 01/09/2025
• Transaction rate: 0 agorot
• Are these dormant shares or securities convertible to dormant shares: No
• Balance (in number of securities) in the last report: 181,576
• Holding percentage of total securities of the same type in the last report: 0.03%
• Change in number of securities: 97,805+
• Current balance (in number of securities): 279,381
• Current holding percentage of total securities of the same type: 0.05%
• Holding percentage after the change: In capital: 0.05%; In voting rights: 0.05%
  • Explanation: The holding percentage after the change does not refer to convertible securities.
• Holding percentage after the change on a fully diluted basis: In capital: 0.04%; In voting rights: 0.04%

• Note number: _________

• Name of corporation/Last name and first name of holder: Nadav Hanin

• Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in the passport: Nadav Hanin
• Type of identification number: Identity card number
• Holder's identification number: 032756298
• Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings
• The hedge fund has the right to appoint a director or its representative to the company's board: _________
• Is the holder acting as a representative for the purpose of reporting on several shareholders holding together securities of the corporation: No
• Name of controlling shareholder in the interested party: -
• Identification number of controlling shareholder in the interested party: -
• Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship/incorporation or registration: _________
• Security number on the stock exchange: 1087824
• Name and type of security: EL AL Ordinary Share
• Nature of change: Decrease; Due to off-exchange sale
• Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction
• Date of change: 01/09/2025
• Transaction rate: 1,404 agorot
• Are these dormant shares or securities convertible to dormant shares: No
• Balance (in number of securities) in the last report: 279,381
• Holding percentage of total securities of the same type in the last report: 0.05%
• Change in number of securities: 97,805-
• Current balance (in number of securities): 181,576
• Current holding percentage of total securities of the same type: 0.03%
• Holding percentage after the change: In capital: 0.03%; In voting rights: 0.03%
  • Explanation: The holding percentage after the change does not refer to convertible securities.
• Holding percentage after the change on a fully diluted basis: In capital: 0.03%; In voting rights: 0.03%
• Note number: _________

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

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

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 way of signing a loan agreement, please specify details regarding the manner of ending the loan:

Explanation: The holding percentages should be stated 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: 02/09/2025 at 10:00

2. Details of the actions that caused the change: _________

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Sharon Braunstone Zeit	Other; Deputy CEO, Legal Counsel 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.

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: Julia Zagut Position: Attorney/Legal Advisor Employer company name:

Address: Ben Gurion Airport 41, Lod 7110001 Phone: 03-9716760 Fax: Email: yuliaz@elal.co.il

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