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El Al Israel Airlines Ltd.

Major Shareholding Notification Jan 9, 2026

6759_rns_2026-01-09_79863331-a1c0-4ac8-92d3-2f8adf5a25f8.pdf

Major Shareholding Notification

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EL AL ISRAEL AIRLINES LTD

Registration Number: 520017146

To:

  • Israel Securities Authority (www.isa.gov.il)
  • Tel Aviv Stock Exchange Ltd (www.tase.co.il)
  • Form Number: T076 (Public)
  • Transmission Date in MAGNA: 09/01/2026
  • Reference No.: 2026-01-004390

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

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

Note: This form is intended solely for reporting changes in holdings of the securities of the reporting corporation. To report a change in holdings of securities of a subsidiary with significant operations for the corporation, use Form T121.

1. Details of Security Holder

Name/Family and Given Name:

Amikam Ben Zvi

Type of ID Number: Identity Card Number ID Number of Holder: 50213362 Type of Holder: Director/CEO The hedge fund has
the right to appoint a director or its representative to the company board: Is the holder a representative for
reporting collective shareholders? No Controlling shareholder in the interested party: - ID of controlling shareholder in
the interested party: - Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship Country
of citizenship/incorporation/registration:

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.

Details of the Security

Security Number on TASE: 1191014 Name and type of security: EL AL Warrant 11/22 Nature of change: Increase (due to private placement) Other: _________ Note: Purchase or sale of shares on the stock exchange via a matched transaction, as defined in the exchange article, will be classified as an off-market transaction, along with disclosure in the free-text field.

Is the change a result of a single transaction or cumulative transactions? Single transaction

Date of change: 08/01/2026 Transaction price: 0 Agorot Are they dormant shares or securities convertible to dormant shares? No

Amounts and Percentages

  • Balance in previous report (number of securities): 1,150,000
  • Holding percentage of total securities of same type in last report: 9.72%
  • Change in quantity: +925,250
  • Current balance: 2,075,250
  • Current percentage of total shares of this type: 16.27%
  • Holding percentage after change (capital): 0%
  • Holding in voting rights after change: 0%
  • Note: The holding percentage after change does not refer to convertible securities.
  • Holding percentage after change on full dilution (capital): 0.4%
  • Holding percentage after change on full dilution (voting rights): 0.4%
  • Note number: _________

2. Details of Security Holder

Name/Family and Given Name:

Amikam Ben Zvi

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.

Type of ID Number: Identity Card Number ID Number of Holder: 050213362 Type of Holder: Director/CEO The hedge fund has
the right to appoint a director or its representative to the company board: Is the holder a representative for
reporting collective shareholders? No Controlling shareholder in the interested party: - ID of controlling shareholder in
the interested party: - Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship Country
of citizenship/incorporation/registration:
Details of the Security
Security Number on TASE: 1087824 Name and type of security: EL AL Nature of change: Increase (due to private placement)
Other: Note: Purchase or sale of shares on the stock exchange via a matched transaction, as defined in the exchange
article, will be classified as an off-market transaction, along with disclosure in the free-text field.
Is the change a result of a single transaction or cumulative transactions? Single transaction
Date of change: 08/01/2025 Transaction price: 0 Agorot Are they dormant shares or securities convertible to dormant
shares? No
Amounts and Percentages
Balance in previous report (number of securities): 0
Holding percentage of total securities of same type in last report: 0%
Change in quantity: +128,743

Current balance: 128,743

  • Current percentage of total shares of this type: 0.02%
  • Holding percentage after change (capital): 0.02%
  • Holding in voting rights after change: 0.02%
  • Note: The holding percentage after change does not refer to convertible securities.
  • Holding percentage after change on full dilution (capital): 0.02%
  • Holding percentage after change on full dilution (voting rights): 0.02%
  • Note number: _________

Note: If 'increase due to forced purchase of lent securities' or 'decrease due to forced sale of lent securities' is selected, then lent securities that were not returned to the lender are considered as forced purchase/sale.

Additional Information

1. Was full consideration paid at the date of change? Yes If not, specify the date of payment completion:
----------------------------------------------------------------------------------------------------------- -- -- -- --
  1. If the change is by signature on a loan agreement, specify how the loan ends: _________

Explanation: The holding percentages should be calculated including all securities held by the interested party.

    1. Date and time the corporation first became aware of the event: 08/01/2026 at 12:00
    1. Details of activities leading to the change: _________

Details of Authorized Signatories on behalf of the Corporation

# Name Function
1 Sharon Brownstone Zeit Other - Deputy CEO, Company Legal Adviser
2 Inbal Carmi Other - Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed under these regulations must be signed by those authorized to sign on behalf of the corporation. ISA positions on the matter can be found at the ISA website.

Securities of the corporation are listed 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: [email protected]

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.

Former names of reporting entity:

Electronic reporter name: Nahum Mitelman Function: Legal Advisor Employer Company:

Reporter Contact: P.O. Box 41, Ben Gurion Airport 70100 Phone: 03-9716713 Email: [email protected]

Last form structure update: 04/02/2025

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