IES Holdings Ltd. — Share Issue/Capital Change 2026

May 11, 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

Number in the Registrar: 520039132

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

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

T085 (Public)

Filed via MAGNA: 11/05/2026

Reference: 2026-01-043417

Immediate report on the creation of dormant shares in the issued share capital of the corporation, a 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

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

Reference numbers of previous reports on the subject: _, _, ____.

We hereby report that ☐ on the date 11/05/2026

☐ from date _ to date _

A change has occurred in the number of dormant shares in the corporation's capital

1 Name of the holder of the dormant shares: I.E.S Holdings Ltd.

Name of the holder in English: I.E.S HOLDINGS LTD

Type of identification number: Number in the Israeli Companies Registrar Identification number: 520039132

Type of holder: The reporting corporation

Citizenship / Country of incorporation or registration: Incorporated in Israel

Country of citizenship / incorporation or registration: ____

TASE security number: Other431015

Name of the share: I.E.S share par value 1 NIS

Nature of the change: Decrease ____ Off-exchange sale

Prospectus number: ____

Explanation: For internal use of the Authority - in the case of use of an ATM program, the number of the prospectus by virtue of which the ATM program applies must be entered.

Date on which the transaction was executed: 11/05/2026

Transaction price in New Israeli Shekel: 631.0

Par value of total securities in _: _

Total consideration amount calculated in New Israeli Shekel: 189,300,000

Reference number of the shelf offering report _, which was reported on _

The number of dormant shares held by the holder before the change was: 4,790,312

Number of shares subject to the change: -300.000

The number of dormant shares held by the holder after the change is: 4,490,312

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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.

The percentage of the corporation's issued share capital held after the change by the holder of the dormant shares is: % 43.57

Were the shares acquired pursuant to a share buyback program approved by the company: ____

Cumulative execution rate of the program after the change: % ____

Date of report on the buyback program: ____

Position of the corporation's dormant shares:

1 Name of the share: I.E.S share Security number: 431015

Number of shares in the registered capital: 100,000,000

Number of shares in the issued and paid-up capital: 10,306,369

Number of dormant shares under Section 308 or for purposes of an ATM program: 4,490,312

Number of shares without rights under Section 333(a): ____

Number of shares without rights under Section 340: ____

Number of shares without rights under Section 181: ____

Total shares without rights in capital and without voting rights: 4,490,312

% of shares without rights out of the issued and paid-up capital: 43.57

Number of dormant shares under Section 309(b) ("subsidiary dormant"): 0

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

Number of shares without voting rights under Section 333(b): ____

% of shares lacking voting rights but having capital rights out of the total issued capital of this security: ____

Number of shares for calculation of voting rights: 5,816,057

Number of shares for calculation of capital rights: 5,816,057

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

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

Name of signatory	Position
Saar Amran	Controller

Explanation: Pursuant to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 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: 06/08/2024

Short name: I.E.S

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

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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.

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: ControllerEmploying company name:

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