Isracard Ltd. — Major Shareholding Notification 2026

May 20, 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.

Isracard Ltd

Number at the Registrar: 510706153

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

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

T078 (Public)
www.tase.co.il

Transmitted by MAGNA: 20/05/2026
Reference: 2026-01-047092

Immediate report on 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: ____

Surname/Name of corporation: Companies in the Meitav Investment House Ltd. group

Surname/Name of corporation in English: MEITAV INVESTMENT HOUSE LTD

Type of identification number: Number in the Israeli Companies Registrar ☐ The holder is a corporation

Identification number: 520043795

Citizenship/Country of incorporation or registration: Incorporated in Israel

Country of citizenship/incorporation or registration: ____

Address: 1 Jabotinsky, Bnei Brak

Is the holder acting as a representative for the purpose of reporting several shareholders who hold together with him securities of the corporation: Yes

Name of the controlling shareholder in the interested party: See Section 5.

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

2. Details of the action following which the holder became an interested party in the corporation:

a. Nature of the action Increasedue to purchase on the stock exchange
b. Name and type of the security that is the subject of the action: Isracard ordinary share
c. Security number on the stock exchange: 1157403
d. Date of execution of the action 19/05/2026
e. Quantity of securities which are the subject of the action: 735,230
f. Price at which the action was executed: 1,345.28agorot
g. Whether these are dormant shares or securities convertible into dormant shares No
h. Whether the entire consideration was paid at the date of the change Yes

If the entire consideration was not paid at the date of the change, please specify the date of completion of payment

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1. a. Holdings of the interested party after the action:

Name, type and series of the security	Security number on the stock exchange	Quantity of securities	Dormant*	Holding rate		Holding rate (full dilution)
				% Capital	% Voting	% Capital	% Voting
Isracard ordinary share	1157403	16,389,004	No	5.03	5.03	4.89	4.89

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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	Security number on the stock exchange	Quantity of securities	Dormant*	Holding rate		Holding rate (full dilution)
				% Capital	% Voting	% Capital	% Voting
Isracard BONDS B	1205129	23,270,708	No	d d		d d
Isracard BONDS C	1228337	18,901	No	d d		d d

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 purchased and held by a fund and their maximum rates), 5755-1994.
☐ The hedge fund has the right to appoint a director or its representative to the board of directors of the company
☐ The holder is a member of an institutional reporting group.

Below is a breakdown of its holdings:

The holder	Name, type and series of security	Security number on the stock exchange	Quantity of securities	Dormant
Companies managing mutual funds for joint investments in trust	Isracard ordinary share	1157403	6,548,008	No
Provident funds and companies managing provident funds	Isracard ordinary share	1157403	9,851,383	No
Market maker	Isracard ordinary share	1157403	0	No
Companies managing mutual funds for joint investments in trust	Isracard BONDS B	1205129	7,527,092	No
Provident funds and companies managing provident funds	Isracard BONDS B	1205129	15,746,669	No
Market maker	Isracard BONDS B	1205129	0	No
Market maker	Isracard BONDS C	1228337	18,901	No

Explanations:

1. If the interested party holds more than one type of security, the holding rates should be indicated taking into account all the securities held by him only in one of the rows.
2. A report must also be made on the holding of other securities, including other securities that are not listed for trading.
3. In a case where the interested party is a subsidiary, the holdings should be split between shares purchased before the Companies Law, 5759-1999 came into force, and shares purchased after it came 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 wholly owned (100%) by a single controlling shareholder, the "Name of holder" field should state the name of the single controlling shareholder and the details of the corporation or corporations through which the shares are held, together with any other relevant detail, will be provided in the notes at the bottom of the form. By contrast, if the interested party is a corporation held by more than one controlling shareholder, or held by several interested parties, the "Name of holder" field should state the name of the holding corporation and the details of the controlling shareholders or interested parties who hold in the holding corporation will be provided in the notes at the bottom of the form.
6. A report regarding a holder of a material means of control in a banking corporation without a core controlling interest shall be reported in report T121.

7. It must 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 detailed below:

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

Type of identification 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.

Identification number: ____

Country of incorporation or registration: _Country: _

Nature of relationship to the reporting corporation:

Type of security: _ Security number: _

Quantity of securities: ____

Holding rate of the total securities of the same type: % ____

Holding rate in capital: % _ Holding rate in voting power: % _

1. Additional details:

According to a notice received by the company on May 20, 2026, the controlling shareholders in Meitav Investment House Ltd. ("Meitav") are: (1) Mr. Avner Stepak ID No. 027378058 through Maya Holdings (Yaelim) Ltd., companies under his control and directly. (2) Mr. Eli Barakat ID No. 058368143 through Berem Finance Ltd. The ultimate shareholders of Berem Finance Ltd. are: Mr. Eli Barakat ID No. 058368143 who holds 34% of the shares (through companies under his control) and also holds in trust the shares of Mr. Nir Barakat ID No. 056092430, which constitute 33% and are held through Nir Barkat Ltd. Reg. No. 512702036 (Messrs. Eli and Nir Barakat are brothers), and Mr. Yuval Rachavi ID No. 058142431, who holds 33% of the shares (through companies under his control). Further to that stated in Section 2.f above, as informed to the company by Meitav Investment House Ltd., the price indicated as the price at which the transaction was executed is a weighted average price. The purchase was executed in several separate transactions, where the maximum price was 1,437 agorot per share and the minimum price was 1,300 agorot per share. The remaining holdings of the market maker, as detailed in Section 3.b above, are negative and reflect short sale transactions (Short), as detailed below: Isracard ordinary share (10,387-) and Isracard BONDS 2' (3,053-). In the absence of a possibility to present negative balances in the form, they are presented as zero balances. The market making is carried out through two companies in the Meitav Investment House Ltd. group.

1. The date and time on which the corporation first became aware of the event or matter 20/05/2026 at 11:35

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

Name of signatory	Position
Adv. Yotam Kweller	Company Secretary

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730-1970), a report submitted pursuant to 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 mention does not constitute incorporation by reference):

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange

Form structure update date: 04/02/2025

Short name: Isracard

Address: Bar Kokhba12, Bnei Brak; P.O.B. 20255112001 Telephone: 03-6895166, Fax: 03-6895374

Email: ykweller@isracard.co.il Company website: http://digital.isracard.co.il

Previous names of reporting entity:

Name of electronic reporter: Kweller Yotam Hillel Position: Company Secretary Name of employing company:

Address: Bar Kokhba12, Bnei Brak; 20255112001 Telephone: 03-6895166 Fax: 03-6895374 Email: ykweller@isracard.co.il