IES Holdings Ltd. — Major Shareholding Notification 2026

May 19, 2026

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.

I.E.S. HOLDINGS LTD
I.E.S HOLDINGS LTD
Company Registrar No.: 520039132

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

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

T078 (Public)
www.tase.co.il

Filed via MAGNA:
Reference No.: 2026-01-046451

19/05/2026

Immediate report on a person who has become an interested party in the corporation
Regulation 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

1. Details of the holder:

First name: ____

First name in English as it appears in the passport: ____

Last name/Name of corporation: Mor Provident Funds and Pension Ltd.

Last name/Name of corporation in English: MORE PROVIDENT FUNDS AND PENSION LTD

Type of identification number: Company Registrar number in Israel ☐ The holder is a corporation

Identification number: 514956465

Citizenship/Country of incorporation or registration: Incorporated in Israel

Country of citizenship/incorporation or registration: ____

Address: 2 Derech Ben Gurion, Ramat Gan 5257334

Is the holder acting as a representative for the purpose of reporting a number of shareholders who hold together with him securities of the corporation: No

Name of the controlling shareholder of the interested party: See section 5.

Identification number of the controlling shareholder of the interested party: See section 5.

2. Details of the transaction as a result of which the holder became an interested party in the corporation:

a. Nature of the transaction Increase Other

It is noted that the increase was carried out within the framework of a private placement of ordinary shares from the dormant shares held by the Company, in the scope of 287,300 shares. For further details regarding the allocation of the Company's dormant shares and warrants exercisable into dormant shares, which were allotted to the aforesaid interested party, see the immediate report published by the Company on May 11, 2026 (reference number: 2026-01-043304), incorporated herein by reference.

b. Name and type of security which is the subject of the transaction: I.E.S share NIS 1 par value

c. Stock exchange security number: 431015

d. Date of execution of the transaction 11/05/2026

e. Quantity of securities which are the subject of the transaction: 287,300

f. Price at which the transaction was carried out: 63,100Agorot

g. Whether they are dormant shares or securities convertible into dormant shares No

h. Was all the consideration paid on the date of the change Yes

If all the consideration was not paid on the date of the change, please specify the date of completion of payment

3. a. Holdings of the interested party after the transaction:

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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.

Name, type and series of the security	Stock exchange security number	Quantity of securities	Dormant*	Rate of holding		Rate of holding (full dilution)
				% Capital	% Voting	% Capital	% Voting
I.E.S share NIS 1 par value	431015	287,300	No	4.94	4.94	7.58	7.58
Warrants to others	1241371	166,634	No

b. ☐ The holder is not a member of an institutional reporting group.
☐ The holder is not a member of an institutional reporting group, but serves as a senior officer who is not a CEO or director and is not an interested party by virtue of his holdings.
☐ The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Assets that may be bought and held by a fund and their maximum rates), 5755-1994.
☐ The hedge fund has the right to appoint a director or a representative on its behalf to the company's board of directors
☐ The holder is a member of an institutional reporting group.

Details of its holdings are as follows:

The holder	Name, type and series of the security	Stock exchange security number	Quantity of securities	Dormant
Provident funds and companies for the management of provident funds	I.E.S share NIS 1 par value	431015	287,300	No
Provident funds and companies for the management of provident funds	Warrants to others	1241371	166,634	No

Explanations:

1. If the interested party holds more than one type of security, the rates of holdings, taking into account all securities held by him, should be stated in only one of the lines.
2. Holdings of other securities, including other securities that are not listed for trading, must also be reported.
3. If the interested party is a subsidiary, the holdings should be split into shares acquired prior to the entry into force of the Companies Law, 5759 - 1999, and shares acquired after its entry into force.
4. When the holder is not a member of an institutional reporting group, only section 3a. should be completed. When the holder is a member of an institutional reporting group, sections 3a. and 3b. should be completed.
5. If the interested party is a corporation that is wholly (100%) owned by a single controlling shareholder, the "Name of holder" field shall state the name of the sole controlling shareholder, and in notes at the bottom of the form the details of the corporation or corporations through which the shares are held will be given, together with any other relevant detail. Conversely, if the interested party is a corporation that is held by more than one controlling shareholder, or is held by several interested parties, the "Name of holder" field shall state the name of the holding corporation and, in notes at the bottom of the form, the details of the controlling shareholders or interested parties who hold the holding corporation shall be given.
6. A report regarding a holder of a material means of control in a banking corporation without a core controlling interest shall be reported on form T121.

7. It should be stated whether these are dormant shares or securities convertible into dormant shares

8. ☐ The interested party does not hold shares or other securities in a held company, if its activity is material to the activity of the reporting corporation
   ☐ The interested party holds shares or other securities in a held company, if its activity is material to the activity of the reporting corporation, as follows:

1 Name of the held company, if its activity is material to the activity of the reporting corporation:

Type of identification number:

Identification number:

Country of incorporation or registration: Country:

Nature of the connection to the reporting corporation:

Type of security: Security number:

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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.

Quantity of securities: ____

Rate of holding out of all securities of the same type: % ____

Rate of holding in capital: % _Rate of holding in voting power: % _

1. Additional details:

Mor Provident Funds and Pension Ltd. (Reg. No. 514956465) ("Mor Provident Funds and Pension") is a company controlled by Y.D. Mor Investments Ltd. ("Mor Investments"), which holds approximately 65.89% of the issued and paid-up share capital of Mor Provident Funds and Pension. In addition, Mr. Binyamin Meirov and Mr. Yosef Meirov, controlling shareholders in Mor Investments, also hold shares of Mor Provident Funds and Pension. Mor Investments is a public company jointly controlled by Messrs. Eli Levy (ID No. 039038260); Yosef Levy (ID No. 055311187); Binyamin Meirov (ID No. 051376754); Yosef Meirov (ID No. 052364395); Michael Meirov (ID No. 031720915); Dotan Meirov (ID No. 037560158), who together hold approximately 50.08% of the issued and paid-up share capital of Mor Investments. [] Eli Levy holds Mor Investments through a company wholly (100%) owned by him, Aldot Ltd. (Reg. No. 515616761). [**] Yosef Meirov holds Mor Investments directly, as well as through B.Y.M Investments Ltd. (Reg. No. 515566750) ("B.Y.M"), which is held by Yosef Meirov (50%), Dotan Meirov (25%) and Michael Meirov (25%). Michael Meirov and Dotan Meirov (sons of Binyamin Meirov, one of the controlling shareholders in Mor Investments) hold Mor Investments only through B.Y.M. For details regarding the holdings of the other companies in the Mor Investments group, see the immediate report published concurrently with this report.

1. Date and time on which the corporation first became aware of the event or matter 17/05/2026At 18:30

Details of the signatories authorized to sign on behalf of the corporation:

	Name of signatory	Position
1	David Mizrahi	Acting General Manager
2	Saar Amran	Chief Accountant

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730 - 1970), a report submitted under these Regulations shall be signed by those authorized to sign on behalf of the corporation. The staff's position on this matter can be found on the Authority's website: Click here.

Reference numbers of previous documents on the subject (such reference does not constitute incorporation by reference):

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

Date of last form structure update: 04/02/2025

Short name: I.E.S

Address: Montefiore33, Tel-Aviv65201 Telephone: 03-7133222, Fax: 03-7133223

E-mail: or.h@ies.com Company website:www.ies.com

Previous names of the reporting entity: I.E.S. ELECTRONIC INDUSTRIES LTD

Name of electronic reporter: Amran SaarPosition: Chief AccountantName of employing company:

Address: Montefiore33, Tel Aviv65201Telephone: 03-7133222Fax: 03-7133223E-mail: Saar@ies.com