Hilan Ltd.

Major Shareholding Notification • Oct 19, 2025

HILAN LTD

HILAN LTD

Registration number: 520039942

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form number: T077 (Public) Sent via MAGNA: 19/10/2025 Israel Securities Authority website: www.isa.gov.il Tel Aviv Stock

Exchange website: www.tase.co.il Reference: 2025-01-077075

Immediate Report on the Holdings of Interested Parties and Senior Officers

Regulation 33(c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970
Reference numbers of previous reports on the subject: , ,
Below is the status as of 30/09/2025:

A. Interested Parties in the Corporation (including CEO and directors, and any other employee holding five percent or more of the issued share capital of the corporation or its voting power):

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Equity	% Voting	Holding Percentage (Fully Diluted)	% Equity	% Voting
1	D.C.L.B.A INVESTMENTS LTD	Ordinary share	7,050,657	30.72	30.72	30.72	30.68	30.68
2	Elias Zybert	Ordinary share	18,825	0.08	0.08	0.08	0.21	0.21
3	Elias Zybert	Restricted shares	30,000	0	0	0	0	0
4	MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD Participating Life Insurance	Ordinary share	1,825,023	7.95	7.95	7.95	7.94	7.94
5	MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD Mutual Funds	Ordinary share	477,458	2.08	2.08	2.08	2.08	2.08
6	Harel Insurance Investments & Financial Services Ltd - Nostro Account	Ordinary share	100,140	0.44	0.44	0.44	0.44	0.44
7	Harel Interested Parties Mutual Funds (Consolidated with ETFs)	Ordinary share	493,612	2.15	2.15	2.15	2.15	2.15

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Equity	% Voting	Holding Percentage (Fully Diluted)	% Equity	% Voting
8	Harel Insurance Investments & Financial Services Ltd - Provident Funds	Ordinary share	1,464,483	6.38	6.38	6.38	6.37	6.37
9	Noked Opportunity L.P.	Ordinary share	0	0	0	0	0	0
10	Noked Equity L.P.	Ordinary share	0	0	0	0	0	0
11	Noked Long L.P.	Ordinary share	0	0	0	0	0	0

Total Holding Percentage

Total Holding Percentage	% Equity	% Voting	Total Holding Percentage (Fully Diluted)	% Equity	% Voting
49.8	49.8	49.87	49.87

B. Senior Officers in the Corporation (excluding CEO and directors, and any other employee holding five percent or more of the issued share capital of the corporation or its voting power):

Do not hold securities of the corporation.

Total Holding Percentage

Total Holding Percentage	% Equity	% Voting	Total Holding Percentage (Fully Diluted)	% Equity	% Voting
0	0	0	0

Explanations:

• 1. It is required to report also on the holding of other securities, including those not listed for trading.
• 1. If the interested party holds more than one type of security in the corporation, the holding percentage (including fully diluted) should be stated considering all securities held by him in a single row only.
• 1. This form should detail the holdings of all interested parties, including those whose holdings have not changed.
• 1. If the interested party is a held company with significant activity for the corporation, the holdings should be split between shares acquired before the Companies Law, 1999 came into effect (granting rights in equity and voting), and shares acquired after its effect which are dormant shares.
• 1. If the interested party is a corporation, also state the first name(s) of the ultimate controlling shareholder(s) in this corporation. If there is no controlling shareholder, provide details of the interested parties in it.
• 1. If a senior officer holds five percent or more of the issued share capital of the corporation or its voting power, his holdings should be detailed in the "Interested Parties" table as detailed in section A above.
• 1. If the interested party or senior officer also holds securities in a held company, if its activities are significant to the corporation, details of these holdings should be provided in the "Remarks" field in the holder's details.

Section: Holder Details

1. D.C.L.B.A INVESTMENTS LTD

2. Holder name in English as appears in passport: D.C.L.B.A INVESTMENTS LTD

3. Holder number: 1
4. Holder type: Interested party not meeting any other definitions
5. The hedge fund has the right to appoint a director or representative to the company's board: _________
6. ID number type: Company Registrar number in Israel
7. ID number: 513214668
8. Controlling shareholder in the holder: D.C.L.B.A INVESTMENTS LTD is a private company wholly owned by Avi Baum Investments Ltd, a private company wholly owned by Mr. Avi Baum, who serves as chairman of the company's board.
9. Citizenship / Country of incorporation or registration: Incorporated in Israel
10. Country of citizenship / incorporation or registration: _________
11. Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: No
12. Is the holder allowed to report the change in holding cumulatively: No
13. Are the held shares dormant shares: No
14. Security number on the stock exchange: 1084698
15. Balance in previous summary report (quantity of securities): 7,050,657
16. Change in quantity of securities: 0
17. Maximum holding rate of the holder in the security during the report period: 30.72%
18. Minimum holding rate of the holder in the security during the report period: 30.72%
19. Remarks: _________

2. Elias Zybert

• Holder name in English as appears in passport: Elias Zybert
• Holder number: 2
• Holder type: Reporting corporation
• The hedge fund has the right to appoint a director or representative to the company's board: _________
• ID number type: Identity card number
• ID number: 017018060
• Controlling shareholder in the holder: -
• Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: No
• Is the holder allowed to report the change in holding cumulatively: No
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 24,625
• Change in quantity of securities: -5,800
• Maximum holding rate of the holder in the security during the report period: 0.11%
• Minimum holding rate of the holder in the security during the report period: 0.08%
• Remarks: Mr. Elias Zybert holds the securities through Zybert Investments Ltd (company no. 513725564), a private company wholly owned by him.

3. Elias Zybert

• Holder name in English as appears in passport: Elias Zybert
• Holder number: 3
• Holder type: Director/CEO
• The hedge fund has the right to appoint a director or representative to the company's board: _________
• ID number type: Identity card number
• ID number: 017018060
• Controlling shareholder in the holder: _________
• Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: No
• Is the holder allowed to report the change in holding cumulatively: No
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1203918
• Balance in previous summary report (quantity of securities): 30,000
• Change in quantity of securities: 0
• Maximum holding rate of the holder in the security during the report period: 100%
• Minimum holding rate of the holder in the security during the report period: 100%
• Remarks: Mr. Elias Zybert holds the securities through Zybert Investments Ltd (company no. 513725564), a private company wholly owned by him.

4. MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. - Participating Life Insurance

• Holder name in English as appears in passport: MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD
• Holder number: 4
• Holder type: Participating life insurance accounts
• The hedge fund has the right to appoint a director or representative to the company's board: _________
• ID number type: Company Registrar number in Israel
• ID number: 520029984
• Controlling shareholder in the holder: To the best of the company's knowledge, as of the report date, Mr. Shlomo Eliyahu (ID 043661602) is the ultimate controlling shareholder in Migdal Holdings and holds 45.50% of the issued and paid-up share capital of Migdal Holdings ("share capital"), through ELIAHU ISSUES LTD. ELIAHU ISSUES LTD is a company wholly owned by Eliyahu 1959 Ltd.
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: Yes
• Is the holder allowed to report the change in holding cumulatively: Yes
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 1,864,171
• Change in quantity of securities: -39,148
• Maximum holding rate of the holder in the security during the report period: 8.12%
• Minimum holding rate of the holder in the security during the report period: 7.95%
• Remarks: [continued] To the best of the company's knowledge, the shareholders of Eliyahu 1959 Ltd are: Mr. Shlomo Eliyahu, holding 25.14% of the capital and 98% of the management shares, Mrs. Chaya Eliyahu, holding 0.02% of the capital and 2% of the management shares, Shlomo Eliyahu Holdings Ltd, holding 61.7% of the capital, Achi Eliyahu Trust and Investments Ltd, holding 13.14% of the capital. The shareholders of Shlomo Eliyahu Holdings Ltd are Mr. Shlomo Eliyahu holding 83.31% and Mrs. Chaya Eliyahu holding 16.69%. The sole shareholder in Achi Eliyahu Trust and Investments Ltd is Shlomo Eliyahu Holdings Ltd, whose shareholders are Mr. Shlomo Eliyahu and Mrs. Chaya Eliyahu as detailed above. The holdings in the company shares listed under participating life insurance accounts are held by the partnership "Migdal Sal – Israeli Shares" (the "partnership"). The partnership is a registered partnership, all rights in it are held by institutional reporting group companies from the Migdal group. The partnership itself is not a participating life insurance account and/or a management company. According to the agreements between the partners in the partnership, the holding rate of the rights holders in the partnership changes frequently, according to the mechanism set in the

partnership agreement. Below are the holding rates in the partnership of the rights holders as of September 2025: Insurance for participating life insurance accounts - 39.94%, pension and provident - 60.06%.

5. MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. - Mutual Funds

• Holder name in English as appears in passport: MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD
• Holder number: 5
• Holder type: Companies managing mutual funds
• The hedge fund has the right to appoint a director or representative to the company's board: _________
• ID number type: Company Registrar number in Israel
• ID number: 520029984
• Controlling shareholder in the holder: To the best of the company's knowledge, as of the report date, Mr. Shlomo Eliyahu (ID 043661602) is the ultimate controlling shareholder in Migdal Holdings and holds 45.50% of the issued and paid-up share capital of Migdal Holdings ("share capital"), through ELIAHU ISSUES LTD. ELIAHU ISSUES LTD is a company wholly owned by Eliyahu 1959 Ltd.
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: Yes
• Is the holder allowed to report the change in holding cumulatively: Yes
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 424,199
• Change in quantity of securities: 53,259
• Maximum holding rate of the holder in the security during the report period: 2.10%
• Minimum holding rate of the holder in the security during the report period: 1.85%
• Remarks: [continued] To the best of the company's knowledge, the shareholders of Eliyahu 1959 Ltd are: Mr. Shlomo Eliyahu, holding 25.14% of the capital and 98% of the management shares, Mrs. Chaya Eliyahu, holding 0.02% of the capital and 2% of the management shares, Shlomo Eliyahu Holdings Ltd, holding 61.7% of the capital, Achi Eliyahu Trust and Investments Ltd, holding 13.14% of the capital. The shareholders of Shlomo Eliyahu Holdings Ltd are Mr. Shlomo Eliyahu holding 83.31% and Mrs. Chaya Eliyahu holding 16.69%. The sole shareholder in Achi Eliyahu Trust and Investments Ltd is Shlomo Eliyahu Holdings Ltd, whose shareholders are Mr. Shlomo Eliyahu and Mrs. Chaya Eliyahu as detailed above.

6. Harel Insurance Investments & Financial Services Ltd - Nostro Account

Holder name in English as appears in passport: Harel Insurance Investments & Financial
Services Ltd

Holder number: 6

Holder type: Nostro account

The hedge fund has the right to appoint	a director or representative to	the company's
board:

• ID number type: Company Registrar number in Israel
• ID number: 520033986
• Controlling shareholder in the holder: To the best of the company's knowledge and according to the holder's report, the controlling shareholders in the holder are Yair Hamburger, ID: 007048671, Gideon Hamburger, ID: 007048663, and Nurit Manor, ID: 051171312. The holding of the controlling shareholders in the company is mainly through G.Y.N. Economic Consulting and Investment Management 2017 Limited Partnership (partnership number 550272587) ("G.Y.N. Partnership"). A partnership under their full control and ownership, in which they hold as limited partners, through private companies wholly owned by them, and also hold the general partner in the G.Y.N. Partnership.
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: Yes
• Is the holder allowed to report the change in holding cumulatively: Yes
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 113,918
• Change in quantity of securities: -13,778
• Maximum holding rate of the holder in the security during the report period: 0.50%
• Minimum holding rate of the holder in the security during the report period: 0.44%

Remarks:

7. Harel Interested Parties Mutual Funds (Consolidated with ETFs)

• Holder name in English as appears in passport: Harel Insurance Investments & Financial Services Ltd
• Holder number: 7
• Holder type: Companies managing mutual funds
• The hedge fund has the right to appoint a director or representative to the company's board: _________
• ID number type: Company Registrar number in Israel
• ID number: 520033986
• Controlling shareholder in the holder: To the best of the company's knowledge and according to the holder's report, the controlling shareholders in the holder are Yair Hamburger, ID: 007048671, Gideon Hamburger, ID: 007048663, and Nurit Manor, ID: 051171312. The holding of the controlling shareholders in the company is mainly through G.Y.N. Economic Consulting and Investment Management 2017 Limited Partnership (partnership number 550272587) ("G.Y.N. Partnership"). A partnership under their full control and ownership, in which they hold as limited partners, through private companies wholly owned by them, and also hold the general partner in the G.Y.N. Partnership.
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: Yes
• Is the holder allowed to report the change in holding cumulatively: Yes
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 558,183
• Change in quantity of securities: -64,571
• Maximum holding rate of the holder in the security during the report period: 2.58%
• Minimum holding rate of the holder in the security during the report period: 2.14%

Remarks:

8. Harel Insurance Investments & Financial Services Ltd - Provident Funds

• Holder name in English as appears in passport: Harel Insurance Investments & Financial Services Ltd
• Holder number: 8
• Holder type: Provident funds and companies managing provident funds
• The hedge fund has the right to appoint a director or representative to the company's board: _________
• ID number type: Company Registrar number in Israel
• ID number: 520033986
• Controlling shareholder in the holder: To the best of the company's knowledge and according to the holder's report, the controlling shareholders in the holder are Yair Hamburger, ID: 007048671, Gideon Hamburger, ID: 007048663, and Nurit Manor, ID: 051171312. The holding of the controlling shareholders in the company is mainly through G.Y.N. Economic Consulting and Investment Management 2017 Limited Partnership (partnership number 550272587) ("G.Y.N. Partnership"). A partnership under their full control and ownership, in which they hold as limited partners, through private companies wholly owned by them, and also hold the general partner in the G.Y.N. Partnership.
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: Yes
• Is the holder allowed to report the change in holding cumulatively: Yes
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 1,307,483
• Change in quantity of securities: 157,000
• Maximum holding rate of the holder in the security during the report period: 6.38%
• Minimum holding rate of the holder in the security during the report period: 5.69%
• Remarks: The holdings listed under provident funds include direct holdings of the provident funds in the security (0 par value), holdings of the partnership "Beta Israel Shares ETF" (the "partnership") totaling 0 par value, and holdings of the partnership "Harel Amithim Israeli Shares" (the "partnership") totaling 1,464,483 par value. The partnerships are registered partnerships, all rights in them are held by institutional reporting group companies from the Harel group. The partnerships themselves are not companies managing provident funds. According to the partnership agreements between the rights holders in the partnerships, the holding rate of the rights holders in the partnerships changes frequently, according to the mechanism set in the partnership agreements.

9. Noked Opportunity L.P.

• Holder name in English as appears in passport: Noked Opportunity L.P.
• Holder number: 9
• Holder type: Hedge fund as defined in the Joint Investment Trust Regulations (Permitted Assets and Maximum Rates), 1994
• The hedge fund has the right to appoint a director or representative to the company's board: No
• ID number type: Partnership Registrar number in Israel
• ID number: 550251409
• Controlling shareholder in the holder: To the best of the company's knowledge, the general partner is Noked Capital Ltd (company no. 514956846). The controlling shareholders in Noked Capital Ltd are Roy and Michal Vermus through Noked Israel (2011) Ltd (39.55%) and Shlomi Bracha through G.I.O. Investments Ltd (28.37%).
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: No
• Is the holder allowed to report the change in holding cumulatively: Yes
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 619,340
• Change in quantity of securities: -619,340
• Maximum holding rate of the holder in the security during the report period: 2.70%
• Minimum holding rate of the holder in the security during the report period: 0%
• Remarks: Ceased to be an interested party due to a decrease in his holdings. For more details, see the company's immediate report dated 7.8.25 (reference number 2025-01- 058845)

10. Noked Equity L.P.

• Holder name in English as appears in passport: Noked Equity L.P.
• Holder number: 10
• Holder type: Hedge fund as defined in the Joint Investment Trust Regulations (Permitted Assets and Maximum Rates), 1994
• The hedge fund has the right to appoint a director or representative to the company's board: No
• ID number type: Partnership Registrar number in Israel
• ID number: 550258941
• Controlling shareholder in the holder: To the best of the company's knowledge, the general partner is Noked Equity Investments Ltd (company no. 515419356). The controlling shareholder in Noked Equity Investments Ltd is Noked Capital Ltd (100%).
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: No
• Is the holder allowed to report the change in holding cumulatively: Yes
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 586,701
• Change in quantity of securities: -586,701
• Maximum holding rate of the holder in the security during the report period: 2.56%
• Minimum holding rate of the holder in the security during the report period: 0%
• Remarks: [continued] The controlling shareholders in Noked Capital Ltd are Roy and Michal Vermus through Noked Israel (2011) Ltd (39.55%) and Shlomi Bracha through G.I.O. Investments Ltd (28.37%). Ceased to be an interested party due to a decrease in his holdings. For more details, see the company's immediate report dated 7.8.25 (reference number 2025-01-058845)

11. Noked Long L.P.

• Holder name in English as appears in passport: Noked Long L.P.
• Holder number: 11
• Holder type: Hedge fund as defined in the Joint Investment Trust Regulations (Permitted Assets and Maximum Rates), 1994
• The hedge fund has the right to appoint a director or representative to the company's board: No
• ID number type: Registrar number in the country of incorporation abroad
• ID number: HS-98967
• Controlling shareholder in the holder: To the best of the company's knowledge, the general partner is Noked Equity Investments Ltd (company no. 515419356). The controlling shareholder in Noked Equity Investments Ltd is Noked Capital Ltd (100%).
• Citizenship / Country of incorporation or registration: Incorporated in Israel
• Country of citizenship / incorporation or registration: _________
• Is the holder a representative for reporting purposes for several shareholders holding together with him securities of the corporation: No
• Is the holder allowed to report the change in holding cumulatively: Yes
• Are the held shares dormant shares: No
• Security number on the stock exchange: 1084698
• Balance in previous summary report (quantity of securities): 353,289
• Change in quantity of securities: -353,289
• Maximum holding rate of the holder in the security during the report period: 1.54%
• Minimum holding rate of the holder in the security during the report period: 0%
• Remarks: [continued] The controlling shareholders in Noked Capital Ltd are Roy and Michal Vermus through Noked Israel (2011) Ltd (39.55%) and Shlomi Bracha through G.I.O. Investments Ltd (28.37%). Ceased to be an interested party due to a decrease in his holdings. For more details, see the company's immediate report dated 7.8.25 (reference number 2025-01-058845)

C. As of the date of submission of this report and according to the law, is there a controlling shareholder in the corporation:

Yes

The controlling shareholder in the corporation is:

D.C.L.B.A INVESTMENTS LTD

ID type: Company Registrar number in Israel

ID number: 513214668

Was control transferred during the period described in the report: No

Total holding percentage (%) in the corporation's equity by all controlling shareholders: 30.72

Authorized signatories for the corporation:

No.	Signatory Name	Position
1	Bat-Sheva Boker	Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on the subject 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: HILAN

Address: Meitav 8, Tel Aviv 67898 Phone: 03-6383333, 03-6383300 Fax: 03-6870088 Email:

BAUM@HILAN.CO.IL

Previous names of the reporting entity: HILAN TECH LTD, Teleweb LTD

Electronic signatory name: Bat-Sheva Boker Position: Company Secretary Employer company

name: Address: Raul Wallenberg 36, Tel Aviv-Yafo 61581 Phone: 054-5650852 Fax: 03-

7693589 Email: bat-sheva.boker@ness-tech.co.il

Note: All company and glossary names have been translated as per instructions. No images were present in the original document.