IES Holdings Ltd. — Share Issue/Capital Change 2026

May 17, 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 Register: 520039132

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd.

www.tase.co.il

T087 (Public)

Filed via MAGNA: 17/05/2026

Reference:

2026-01-045347

Share capital structure, grant of rights to purchase shares and the registers of the corporation's securities and the changes therein

Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the change: Private placement of 174,000 warrants of the Company to classified investors

Explanation: A brief description of the nature of the change must be provided

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

1. The corporation's securities position after the change:

Name and type of security	Security number on the stock exchange	Amount in the registered capital	Issued and paid-up capital		Amount registered in the name of the Registration Company
			Amount in last report	Current amount
I.E.S ordinary shares of NIS 1 par value	431015	100,000,000	10,306,369	10,306,369	10,306,346
Warrants to others	000000	__	0	174,000	174,000

Explanation: All the company's securities must be detailed, including securities not listed for trading.

1. The corporation announces that:

☐ On the date 11/05/2026

☐ From date _ to date _

☐ There has been a change 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 Private placement of 174,000 warrants of the Company to classified investors

Explanation: The full details of the transaction or action resulting in a change in the corporation's securities must be described.

Name of the registered holder to whom the change relates: Mor Mutual Funds Management (2013) Ltd.

Type of identification number: Number in the Israeli Companies Register Identification number: 514884485

Nature of the change: Private placement ____

Date of change: 11/05/2026 Executed via the stock exchange clearing house: No

Type and name of the security in which the change occurred: Warrants to others

Security number on the stock exchange: 000000

Holder's balance in the security in the last report: 0

Holder's balance in this security after the change: 2,320

Total quantity of securities in which there was a decrease/increase: 2,320

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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.

Is this a grant of rights to purchase shares Yes
Total consideration for the securities allotted: The warrants were allotted without consideration as stated in the immediate report dated May 11, 2026 (reference number: 2026-01-043304).
The stock exchange number of the share that will result from exercise of the securities: 431015
Number of shares that will result from full exercise/conversion of the securities: 2,320
Total exercise amount that will be received from full exercise/conversion of the securities into shares: NIS 1,714,480
The period during which the securities may be exercised: 16 months
From 11/05/2026until 10/09/2027
The securities allotted will be registered for trading: No
The said allotment of securities is further to a private offering reportpublished on 11/05/2026and its reference number is 2026-01-043304
☐ The security has been fully paid up and the consideration has been received in full.
☐ The security has been fully paid up, but the consideration has not been received in full.
☐ Issued for the purpose of an ATM program
☐ Other.
Name of the registered holder to whom the change relates: Mor Provident and Pension Ltd.
Type of identification number: Number in the Israeli Companies RegisterIdentification number: 514956465
Nature of the change: Private placement
Date of change: 11/05/2026Executed via the stock exchange clearing house: No
Type and name of the security in which the change occurred: Warrants to others
Security number on the stock exchange: 000000
Holder's balance in the security in the last report: 0
Holder's balance in this security after the change: 166,634
Total quantity of securities in which there was a decrease/increase: 166,634
Is this a grant of rights to purchase shares Yes
Total consideration for the securities allotted: The warrants were allotted without consideration as stated in the immediate report dated May 11, 2026 (reference number: 2026-01-043304).
The stock exchange number of the share that will result from exercise of the securities: 431015
Number of shares that will result from full exercise/conversion of the securities: 166,634
Total exercise amount that will be received from full exercise/conversion of the securities into shares: NIS 123,142,526
The period during which the securities may be exercised: 16 months
From 11/05/2026until 10/09/2027
The securities allotted will be registered for trading: No
The said allotment of securities is further to a private offering reportpublished on 11/05/2026and its reference number is 2026-01-043304
☐ The security has been fully paid up and the consideration has been received in full.

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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 security has been fully paid up, but the consideration has not been received in full. ○ Issued for the purpose of an ATM program ○ Other. ——
Name of the registered holder to whom the change relates: Fidelity Gold Real Estate Markets Ltd. 3 Type of identification number: Number in the Israeli Companies RegisterIdentification number: 520033796
Nature of the change: Private placement Date of change: 11/05/2026Executed via the stock exchange clearing house: No
Type and name of the security in which the change occurred: Warrants to others Security number on the stock exchange: 000000
Holder's balance in the security in the last report: 0
Holder's balance in this security after the change: 5,046
Total quantity of securities in which there was a decrease/increase: 5,046
Is this a grant of rights to purchase shares Yes
Total consideration for the The warrants were allotted without consideration as stated in the immediate report securities allotted: dated May 11, 2026 (reference number: 2026-01-043304). The stock exchange number of the share that will result from exercise of the securities: 431015
Number of shares that will result from full exercise/conversion of the securities: 5,046
Total exercise amount that will be received from full exercise/conversion of the securities into shares: NIS 3,728,994
The period during which the securities may be exercised: 16 months From 11/05/2026until 10/09/2027
The securities allotted will be registered for trading: No
The said allotment of securities is further to a private offering reportpublished on 11/05/2026and its reference number is 2026-01-043304 ○ The security has been fully paid up and the consideration has been received in full. ○ The security has been fully paid up, but the consideration has not been received in full. ○ Issued for the purpose of an ATM program ○ Other. ——

Explanations:

1. If the change affects more than one security, the effect of the change must be detailed in a separate line for each security.
2. Date of change - all changes of the same type, in the same security, carried out on one day, shall be summarized in one line. For this purpose - changes executed via the stock exchange clearing house should be distinguished from changes made directly in the company's books.
3. The change - for a decrease the sign "-" must be added.
4. In all quantity fields the quantity of securities must be entered and not NIS par value.

There has been a change only in the register of holders of the corporation's securities (without any change in the number of the corporation's securities) as a result of:

Description of the nature of the change

Explanation: The full details of the transaction or action resulting in a change in the register must be described

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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.

1 Name of the registered holder to whom the change relates: ____

Type of identification number: _ Identification number: _

Date of change: _ Executed via the stock exchange clearing house: _

Type and name of the security in which the change occurred: ____

Security number on the stock exchange: ____

Quantity of the change: ____

Holder's balance in this security after the change: ____

1. The principal shareholders' register as of the report date is as follows:

No.	Name of the registered shareholder	Type of identification number	Identification number	Security number on the stock exchange	Type of shares and their par value	Number of shares	Holding the shares as trustee
1	The Tel Aviv Stock Exchange Registration Company Ltd.	Number in the Israeli Companies Register	515736817	431015	Ordinary shares of NIS 1 par value	10,306,346	No

1. Attached is a shareholders' register file in accordance with the provisions of Section 130 of the Companies Law, 1999

2. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of BONDS holders Shareholders_Register.pdf

Details of the authorized signatories on behalf of the corporation:

	Name of signatory	Position
1	David Mizrahi	Acting CEO
2	Saar Amran	Controller

Explanation: According 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 the matter can be found on the Authority's website: Click here.

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

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange Date of form structure update: 06/08/2024

Short name: I.E.S

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

Email: or.h@ies.com Company website:www.ies.com

Former names of reporting entity: I.E.S. Electronics Industries Ltd.

Name of electronic reporter: Amran SaarPosition: ControllerName of employing company:

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