Isrotel Ltd.

Share Issue/Capital Change • Aug 6, 2025

ISROTEL LTD.

ISROTEL LTD.

Registration Number: 520042482

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Transmitted via MAGNA: 06/08/2025 Reference: 2025-01-058230

Capital Structure, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and 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:

Issuance of shares following the exercise of (non-tradable) options and expiration of options

Explanation: Please briefly describe the nature of the change.

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 TASE	Quantity in Registered Capital	Issued and Paid Up Capital	Last Reported Quantity	Current Quantity	Quantity Registered in the Name of the Registration Company
Ordinary Share	1080985	80,000,000		59,787,597	59,878,438	59,878,437
Warrants 2018	1152552	0		2,474,193	2,226,390	0
Restricted Stock Units (RSU)	1212430	0		25,384	25,384	0
Options for Shares - Other	1212422	0		25,253	25,253	0

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

2. The corporation announces that:

From date: 01/07/2025 to date: 31/07/2025

A change occurred in the quantity and register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: Issuance of shares following the exercise of (nontradable) options and expiration of options

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Explanations:

• 1. If the change affects more than one security, the effect of the change must be detailed in a separate row for each security.
• 1. Change date all changes of the same type, in the same security, made on one day, will be summarized in one row. In this context – changes made through the TASE clearinghouse must be separated from changes made directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities must be entered, not NIS par value.

A change occurred only in the register of holders of the corporation's securities (without a change in the quantity of the corporation's securities) as a result of:

Description of the nature of the change: _________

Explanation: Please describe all details of the transaction or action that caused the change in the register.

3. Main points of the register of shareholders as of the report date are as follows:

No.	Name of Registered Shareholder	Type of ID Number	ID Number	Security Number on TASE	Type and Par Value of Shares	Quantity of Shares	Holds Shares as Trustee
1	Mizrahi Tefahot Registration Company Ltd.	Company Number in Israel	510422249	1080985	Ordinary, NIS 1 par value	59,878,437	No
2	Yehuda Bar Lev	Identity Card Number	64837198	1080985	Ordinary, NIS 1 par value	1	No

• 1. Attached is a file of the register of shareholders in accordance with Section 130 of the Companies Law, 1999
• 1. Attached is an updated file of the corporation's securities registers, including the register of option holders and the register of bondholders

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Asaf Beck	Other (Legal Counsel, Company Secretary, and Business Development Manager)

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on the matter can be found on the Authority's website: Click here.

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

Form structure update date: 06/08/2024

Short name: ISROTEL

Address: HaMered 29, Tel Aviv 6812511 Phone: 03-5197777, 03-5197758 Fax: 03-5104646

Email: beckasaf@isrotel.co.il

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

Electronic reporter name: Kohen Mirit Position: Accountant Employer company name: ISROTEL LTD.

Address: Yitzhak Sadeh 8, Tel Aviv 6777508 Phone: 03-5197700 Fax: 03-5104646 Email: mirit@isrotel.co.il