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El Al Israel Airlines Ltd.

Share Issue/Capital Change Nov 9, 2025

6759_rns_2025-11-09_a6796558-e9ee-4dee-b66b-44265b95ed11.pdf

Share Issue/Capital Change

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EL AL ISRAEL AIRLINES LTD

Registry Number: 520017146

To: Israel Securities Authority | www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd. | www.tase.co.il

Form T087 (Public)

Transmitted via MAGNA: 09/11/2025 Reference Number: 2025-01-084793

Statement of Share Capital, Granting of Rights to Purchase Shares, and Registers of the Corporation's Securities and Changes Therein

Regulation 31e of Securities (Periodic and Immediate Reports), 1970 Regulation 31(a) of Securities (Periodic and Immediate Reports), 1970 Regulation 31(b1) of Securities (Periodic and Immediate Reports), 1970 Regulation 32 of Securities (Periodic and Immediate Reports), 1970

Nature of the change:
-- -- -----------------------
Exercise of Warrants (Series 3)
Explanation: Please briefly describe the nature of the change.
Previous reference numbers:,,

1. The Corporation's Securities after the Change:

Name and
Type of
Security
Security
Number in
TASE
Quantity in
Registered
Capital
Issued and Paid-up
Capital: Last
Reported Quantity
Issued and Paid-up
Capital: Current
Quantity
Quantity
Recorded by
Nominee
Company
Ordinary
Share
1087824 1,875,000,000 551,188,116 551,268,116 551,267,524
Special State
Share
1087865 1 1 1 0
El Al Warrant
3
1205467 37,872,902 37,952,902 37,872,902 37,872,902
El Al Warrant
11/22
1191014 12,984,666 12,984,666 0

Explanation: All securities of the company should be detailed, including non-tradable securities.

2. The corporation announces that:

On date: 06/11/2025

A change occurred in the quantity and in the register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: Exercise of warrants

Explanation: The details of the transaction or action causing the change in the corporation's securities should be described.

Details:

1. Name of registered holder for whom the change occurred: The Nominee Company of the Tel Aviv Stock Exchange Ltd.
-- -------------------------------------------------------------------------------------------------------------------- -- --

Type of ID: Other identification number

ID Number: 515736817

Nature of the change: Exercise of warrants

Date of change: 06/11/2025

Executed via TASE clearing house: Yes

Type and name of security changed: El Al Ordinary Share

TASE Security Number: 1087824

Holder's balance in the last report: 551,187,524 Holder's balance after change: 551,267,524

Total change in number of securities: 80,000

Is this a grant of rights to purchase shares: No

Total proceeds for securities issued: _________

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

2. Name of registered holder for whom the change occurred: The Nominee Company of the Tel Aviv Stock Exchange Ltd.

Type of ID: Company Registrar Number in Israel

ID Number: 515736817

Nature of the change: Exercise of warrants

Date of change: 06/11/2025

Executed via TASE clearing house: No

Type and name of security changed: El Al Warrant 3

TASE Security Number: 1205467

Holder's balance in the last report: 37,952,902

Holder's balance after change: 37,872,902

Total change in number of securities: 80,000

Is this a grant of rights to purchase shares: No

Total proceeds for securities issued: _________

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

Explanations:

    1. If the change affects more than one security, specify the effect of the change separately for each security.
    1. Date of change all changes of the same type, in the same security, made on one day, should be summarized in one row. For this purpose, differentiate between changes executed via the clearinghouse and those made directly in the company's books.
    1. For reductions, add the sign "-".
    1. All quantity fields should state the number of securities, not par value in ILS.

3. Main items of the share register as of the reporting date are as follows:

# Name of Registered Type of ID TASE Security Type of shares Number of Holds shares
Shareholder ID Number Number and par value shares as trustee
1

Attached: Updated PDF file of the shareholders register per Section 130 of the Companies Law, 1999:

Meresham_Baalei_Maniyot_061125_isa.pdf

Attached: Updated PDF file of the Corporation's Securities Registers, including option register and debenture holders' register: Meresham_Neyarot_Erech_061125_isa.pdf

Authorized signatories on behalf of the corporation:

# Signatory Name Position
1 Sharon Braunstone Zeit Other: VP, Legal Counsel of the Company
2 Inbal Carmi Other: Company Secretary

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

Additional Corporate Details:

Short Name: El Al

Address: P.O. Box 41, Ben Gurion Airport, Zip 70100 Phone: 03-9716202, 03-9716203 | Fax: 03-9717334

Email: [email protected]

Electronic Reporter Details:

Name: Nahum Meitalman Position: Legal Advisor

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

Phone: 03-9716713

Email: [email protected]

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

Last Update of Form Structure: 06/08/2024

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