El Al Israel Airlines Ltd.

Major Shareholding Notification • Jan 4, 2026

EL AL ISRAEL AIRLINES LTD

Company Registry Number: 520017146

To: Israel Securities Authority

To: Tel Aviv Stock Exchange (TASE) Ltd.

Form Number: T085 (Public) Report Transmission Date (by MAGNA): 04/01/2026

Reference Number: 2026-01-001273

Immediate Report on the Creation of Dormant Shares in the Issued Share Capital of the Corporation, Change in Their Number or in the Identity of Their Holder

Regulation 31(b) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 33(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This change should not also be reported on Form T-76.

Reference numbers of previous related reports: _____, _____, _____.

We hereby report that on 01/01/2026, dormant shares were generated in the share capital of the corporation.

Details:

• Name of dormant share holder: EL AL ISRAEL AIRLINES LTD
• Name in English: EL AL ISRAEL AIRLINES LTD
• Type of identification number: Israeli Companies Registrar Number
• Identification number: 520017146
• Type of holder: Reporting Corporation
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship/incorporation or registration: _____
• TASE security number: EL AL 1 NIS (1087824)
• TASE security code: 1087824
• Share name: EL AL 1 NIS

Explanation: For ISA internal use - in case of ATM program, enter the prospectus number under which the ATM program was authorized.
Transaction executed on: 01/01/2026
Transaction rate in NIS: 0
Par value total in:
Total consideration in NIS: 0
Reference number for shelf offering report:, reported on:
Number of dormant shares held prior to the change: 181,576
Quantity of shares in this change: +181,576
Number of dormant shares held after the change: 363,152
Percentage of issued share capital in the corporation held after the change by the holder of dormant shares: 0.07%
Were the shares acquired pursuant to a company-approved acquisition plan: No
Cumulative execution rate of the plan after the change, in %:
Report date of the acquisition plan:

Status of the corporation's dormant shares:

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.

Share Name	TASE Security Number	Number of Shares in Registered Capital	Number of Shares in Issued and Paid-up Capital	Number of Dormant Shares (Section 308 or ATM)	Number of Shares with Rights Deficiency (Section 333(a))	Number of Shares with Rights Deficiency (Section 340)	Number of Shares with Rights Deficiency (Section 181)	Total Shares with No Rights to Capital and No Voting Rights	% of Shares with No Rights from issued and paid-up capital	Number of Dormant Shares (Section 309(b) "Sub-dormant")	Number of Non-voting Shares (Section 333(b))	% Shares with no voting rights but with capital rights	Number of Shares for Calculating Voting Rights	Number of Shares for Calculating Capital Rights
Ordinary Share	1087824	1,875,000,000	554,859,288	363,152	0	0	0	363,152	0.07	0	0	0	554,496,136	554,496,136

(Not including shares held by ^a subsidiary under section 369 acquired before February 2000 which have full voting and capital rights)

Note: The following section numbers are from the Companies Law, 1999.

Details of the authorized signatories on behalf of the corporation:

Name	Position
Sharon Braunstone-Zeit	Other: Deputy CEO, Legal Counsel of the Company
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 guidance on this matter can be found on the authority's website: Click here

Following the discussions held with the Tel Aviv Stock Exchange and further to the corrective report dated August 14, 2025 (Reference Number 2025-01-060729)

Reference numbers of previous documents on this topic (the mention does not constitute incorporation by reference):

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

Abbreviated 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 reporting entity:

Name of electronic reporter: Nahum Mitelman Position: Legal Advisor Employer company name:

Address: P.O. Box 41, Ben Gurion Airport, 70100 Phone: 03-9716713 Fax: Email: nahumm@elal.co.il

Form structure update date: 06/08/2024

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