Israel Canada (T.R) Ltd.

M&A Activity • Oct 30, 2025

Israel-Canada (T.R) Ltd.

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

To: The Tel Aviv Stock Exchange Ltd. (the Exchange) www.tase.co.il

October 30, 2025

Subject: Israel Tax Authority Approval for DNA and Israel Canada Hotels Merger Transaction

Further to the immediate report of the Company dated September 30, 2025¹ (the reference report), regarding the merger transaction (as dened in the reference report), the Company is pleased to update that on October 29, 2025, approval was received from the Israel Tax Authority as part of a tax ruling agreement (pre-ruling). Additionally, as of the date of this report, Israel Canada Hospitality Ltd. (Israel Canada Hotels) has received written approvals from all relevant nancing entities.

As of the date of this report, the remaining conditions precedent for completion of the merger transaction, as dened in the reference report, are the approval of the merger transaction and additional transactions, as a package, at the general assembly of DNA Group (T.R) Ltd. (DNA), which has been convened for November 5, 2025, in accordance with DNA's assembly invitation report dated September 30, 2025² (DNA Invitation Report), and the approval of the Exchange for listing the allocated shares for trading.

For further details regarding the merger transaction, see the reference report and the DNA Invitation Report. Terms not expressly dened in this report shall have the meanings ascribed to them in the reference report.

Respectfully,

Israel-Canada (T.R) Ltd. Signed by: Guy Kanada Deputy CEO

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Reference number 2025-01-073502, the information of which is brought in this report by way of reference. ¹

Reference number: 2025-01-073475, the information of which is brought in this report by way of reference. ²