ISROTEL LTD.

Registration Number: 520042482

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd.

Form T076 (Public)

Broadcast on MAGNA: 24/12/2025

Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il

Proof: 2025-01-103014

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting changes in the holdings of securities of the reporting corporation only. To report changes in the holdings of securities of a held company, if its activity is material to the reporting corporation, use Form T121.

Holder Information

Name of Corporation/Last and First Name of Holder:

Golan Cohen

Name of Corporation/Last and First Name of Holder in English as registered with the Companies Registrar or in the passport:

GOLAN COHEN

Type of ID Number:

ID Card Number

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.

Holder's ID Number:

22144026

Type of Holder:

Senior Officer who is not the CEO or ^a director and is not an interested party by virtue of holdings

The hedge fund has the right to appoint a director or its representative to the company's board:

Is the holder acting as representative for the reporting of several shareholders holding securities of the corporation along with him?:

Name of controlling shareholder in the interested party:

ID number of the controlling shareholder in the interested party:

Citizenship/ Country of incorporation or registration:

Individual with Israeli citizenship

Country of Citizenship / Incorporation or Registration:

Security number on the exchange:

1152552

Name and type of the security:

Warrants 2018

Nature of change:

Decrease

Other

Details (Other):

Exercise of non-tradable employee warrants

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.

Note: Purchase or sale of shares on the stock exchange by a matching transaction, as defined in the third part of the exchange rules, will be classified as an off-exchange transaction, with disclosure in this free-text field that the transaction was performed in this way.

Is this a change in one transaction or several transactions (cumulative change):

One transaction

Date of change:

24/12/2025

Transaction price:

Currency:

Agorot (ag')

Are these dormant shares or securities convertible into dormant shares?:

Balance (in quantity of securities) in last report:

79,703

Holding percentage of total of same type of securities in last report: 3.85%

Change in number of securities:

-1,807

Current balance (in quantity of securities):

77,896

Current holding percentage of total of same type of securities: 3.9%

Holding percentage after change:

In capital: 0% In voting rights: 0%

Explanation: The holding percentage after change does not refer to convertible securities.

Holding percentage after full dilution:

In capital: 0.1% In voting rights: 0.1%

Note number:

Note: If an increase value is chosen due to a forced purchase of borrowed securities or a decrease value is chosen due to a forced sale of borrowed securities, then borrowed securities not returned to the lender become, as a result, a forced purchase and the lending becomes a forced sale.

No.	Note
1

Was the entire consideration paid at the date of the change? Yes

If not, indicate the payment completion date:

If the change is by signing a lending agreement, please indicate details regarding the manner of ending the lending:

Explanation: Please state the holding percentages considering all securities held by the interested party.

The date and time the corporation first learned of the event or matter:

24/12/2025 Time: 10:00

Details of actions that caused the change:

Details of authorized signatories on behalf of the corporation:

	Name of Signatory	Role
1	Mirith Cohen	Accountant

Explanation: According to regulation 5 of the Periodic and Immediate Reports Regulations (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 can be found on the Authority's website: Click Here.

Reference proof numbers of previous documents on the subject (non-inclusive by reference):

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

Form structure update date: 04/02/2025

Short name: Isrotel

Address: 29 HaMered St., Tel Aviv 6812511

Phone: 03-5197777, 03-5197758

Fax: 03-5104646

Email: [email protected]

Previous names of reporting entity: King Solomon's Palace Hotel Ltd

Electronic reporter name:

Mirith Cohen

Function: Accountant

Employer company name: ISROTEL LTD.

Address: 8 Yitzhak Sadeh St., Tel Aviv 6777508

Phone: 03-5197700 Fax: 03-5104646