Isrotel Ltd. — Share Issue/Capital Change 2026

Feb 5, 2026

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Isrotel Ltd.
ISROTEL LTD

Number in Registrar: 520042482

To: Israel Securities Authority To: Tel-Aviv Stock Exchange Ltd. T087 ( Public ) Filed via MAGNA: 05/02/2026 www.isa.gov.il www.tase.co.il Reference: 2026-01-012938

Capital status, granting of rights to purchase shares and the registers of the corporation's securities and changes therein Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970 Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970 Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Nature of the change: Issuance of shares following exercise of warrants (not traded)

Explanation: briey describe the nature of the change

			Reference numbers of previous reports on the matter:,,
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1. The corporation's securities status after the change:

			Issued and paid-up capital
Name and type of security	Security no. on the stock exchange	Quantity in registered capital	Quantity in last report	Current quantity	Quantity registered under the name of the Registration Company
Ordinary shares	1080985	80,000,000	59,984,017 60,017,642		60,017,641
2018 warrants	1152552	0	1,945,217 1,884,734		0
Restricted stock units (RSU)	1212430	0	25,384 25,384		0
Warrants for shares – other	1212422	0	25,253 25,253		0

Explanation: list all of the company's securities, including securities that are not listed for trading.

		2. The corporation announces that:
--	--	------------------------------------	--	--

• On the date _________
• From date 01/01/2026 to date 31/01/2026

Holder's balance in this security after the change: 59,991,517

There was 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 Issuance of shares following exercise of warrants (not traded) Explanation: describe the full details of the transaction or action that caused the change in the corporation's securities.

Name of registered holder for whom the change occurred: Mizrahi Tefahot Company for Registration Ltd. 1
Type of ID number: Number in the Israeli Companies RegistrarID number: 510422249
Nature of the change: Exercise of warrants
Date of change: 01/01/2026Executed via the stock exchange clearing house: No
Type and name of securities in which change occurred: Isrotel ordinary share
Security no. on the stock exchange: 1080985
Holder's balance in the security in last report: 59,984,017

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Total quantity of securities by which there was a decrease/increase: 7,500
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:
Number of shares that will result from full exercise/conversion of the security:
Total exercise premium that will be received from full exercise/conversion of the security into shares:
Period during which the security may be exercised: Fromto
The securities allotted will be registered for trading:
The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
Name of registered holder for whom the change occurred: I.B.I. Trust Management 2 Type of ID number: Number in the Israeli Companies RegistrarID number: 515020428
Nature of the change: Exercise of warrants Date of change: 01/01/2026Executed via the stock exchange clearing house: No
Type and name of securities in which change occurred: 2018 warrants Security no. on the stock exchange: 1152552
Holder's balance in the security in last report: 1,945,217
Holder's balance in this security after the change: 1,932,922
Total quantity of securities by which there was a decrease/increase: 12,295
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:
Number of shares that will result from full exercise/conversion of the security:
Total exercise premium that will be received from full exercise/conversion of the security into shares:
Period during which the security may be exercised: Fromto
The securities allotted will be registered for trading:
The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program

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	Other.
	Name of registered holder for whom the change occurred: Mizrahi Tefahot Company for Registration Ltd.
3	Type of ID number: Number in the Israeli Companies RegistrarID number: 510422249
	Nature of the change: Exercise of warrants Date of change: 20/01/2026Executed via the stock exchange clearing house: No
	Type and name of securities in which change occurred: Isrotel ordinary share Security no. on the stock exchange: 1080985
	Holder's balance in the security in last report: 59,991,517
	Holder's balance in this security after the change: 59,999,263
	Total quantity of securities by which there was a decrease/increase: 7,746
	Is this a grant of rights to purchase shares No
	Total consideration for the securities that were allotted:
	The stock exchange number of the share that will result from exercise of the security:
	Number of shares that will result from full exercise/conversion of the security:
	Total exercise premium that will be received from full exercise/conversion of the security into shares:
	Period during which the security may be exercised: Fromto
	The securities allotted will be registered for trading:
	The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
	Name of registered holder for whom the change occurred: I.B.I. Trust Management
4	Type of ID number: Number in the Israeli Companies RegistrarID number: 515020428
	Nature of the change: Exercise of warrants
	Date of change: 20/01/2026Executed via the stock exchange clearing house: No
	Type and name of securities in which change occurred: 2018 warrants Security no. on the stock exchange: 1152552
	Holder's balance in the security in last report: 1,932,922
	Holder's balance in this security after the change: 1,918,202
	Total quantity of securities by which there was a decrease/increase: 14,720
	Is this a grant of rights to purchase shares No

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Number of shares that will result from full exercise/conversion of the security: Total exercise premium that will be received from full exercise/conversion of the security into shares: Period during which the security may be exercised: Fromto The securities allotted will be registered for trading: The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other. Name of registered holder for whom the change occurred: Mizrahi Tefahot Company for Registration Ltd. 5 Type of ID number: Number in the Israeli Companies RegistrarID number: 510422249 Nature of the change: Exercise of warrants Date of change: 22/01/2026Executed via the stock exchange clearing house: No Type and name of securities in which change occurred: Isrotel ordinary share Security no. on the stock exchange: 1080985 Holder's balance in the security in last report: 59,999,263 Holder's balance in this security after the change: 60,003,540 Total quantity of securities by which there was a decrease/increase: 4,277 Is this a grant of rights to purchase shares No Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security: Number of shares that will result from full exercise/conversion of the security: Total exercise premium that will be received from full exercise/conversion of the security into shares: Period during which the security may be exercised: Fromto The securities allotted will be registered for trading: The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.	Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:

⁶ Name of registered holder for whom the change occurred: I.B.I. Trust Management

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Type of ID number: Number in the Israeli Companies RegistrarID number: 515020428
Nature of the change: Exercise of warrants Date of change: 22/01/2026Executed via the stock exchange clearing house: No
Type and name of securities in which change occurred: 2018 warrants Security no. on the stock exchange: 1152552
Holder's balance in the security in last report: 1,918,202
Holder's balance in this security after the change: 1,911,702
Total quantity of securities by which there was a decrease/increase: 6,500
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:
Number of shares that will result from full exercise/conversion of the security:
Total exercise premium that will be received from full exercise/conversion of the security into shares:
Period during which the security may be exercised: Fromto
The securities allotted will be registered for trading:
The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
Name of registered holder for whom the change occurred: Mizrahi Tefahot Company for Registration Ltd.
7 Type of ID number: Number in the Israeli Companies RegistrarID number: 510422249
Nature of the change: Exercise of warrants Date of change: 26/01/2026Executed via the stock exchange clearing house: No
Type and name of securities in which change occurred: Isrotel ordinary share Security no. on the stock exchange: 1080985
Holder's balance in the security in last report: 60,003,540
Holder's balance in this security after the change: 60,003,666
Total quantity of securities by which there was a decrease/increase: 126
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:
Number of shares that will result from full exercise/conversion of the security:

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Total exercise premium that will be received from full exercise/conversion of the security into shares:
Period during which the security may be exercised:
Fromto
The securities allotted will be registered for trading:
The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
Name of registered holder for whom the change occurred: I.B.I. Trust Management
8 Type of ID number: Number in the Israeli Companies RegistrarID number: 515020428
Nature of the change: Exercise of warrants
Date of change: 26/01/2026Executed via the stock exchange clearing house: No
Type and name of securities in which change occurred: 2018 warrants Security no. on the stock exchange: 1152552
Holder's balance in the security in last report: 1,911,702
Holder's balance in this security after the change: 1,911,424
Total quantity of securities by which there was a decrease/increase: 278
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:
Number of shares that will result from full exercise/conversion of the security:
Total exercise premium that will be received from full exercise/conversion of the security into shares:
Period during which the security may be exercised: Fromto
The securities allotted will be registered for trading:
The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
Name of registered holder for whom the change occurred: Mizrahi Tefahot Company for Registration Ltd. 9
Type of ID number: Number in the Israeli Companies RegistrarID number: 510422249 Nature of the change: Exercise of warrants

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Date of change: 28/01/2026Executed via the stock exchange clearing house: No
Type and name of securities in which change occurred: Isrotel ordinary share Security no. on the stock exchange: 1080985
Holder's balance in the security in last report: 60,003,666
Holder's balance in this security after the change: 60,017,108
Total quantity of securities by which there was a decrease/increase: 13,442
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:
Number of shares that will result from full exercise/conversion of the security:
Total exercise premium that will be received from full exercise/conversion of the security into shares:
Period during which the security may be exercised: Fromto
The securities allotted will be registered for trading:
The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program
Other.
Name of registered holder for whom the change occurred: I.B.I. Trust Management
10 Type of ID number: Number in the Israeli Companies RegistrarID number: 515020428
Nature of the change: Exercise of warrants
Date of change: 28/01/2026Executed via the stock exchange clearing house: No
Type and name of securities in which change occurred: 2018 warrants Security no. on the stock exchange: 1152552
Holder's balance in the security in last report: 1,911,424
Holder's balance in this security after the change: 1,885,540
Total quantity of securities by which there was a decrease/increase: 25,884
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:
Number of shares that will result from full exercise/conversion of the security:
Total exercise premium that will be received from full exercise/conversion of the security into shares:

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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.

	Fromto
	The securities allotted will be registered for trading:
	The said allotment of securities is further topublished onand its reference number is
	The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
11	Name of registered holder for whom the change occurred: Mizrahi Tefahot Company for Registration Ltd.
	Type of ID number: Number in the Israeli Companies RegistrarID number: 510422249
	Nature of the change: Exercise of warrants
	Date of change: 29/01/2026Executed via the stock exchange clearing house: No
	Type and name of securities in which change occurred: Isrotel ordinary share Security no. on the stock exchange: 1080985
	Holder's balance in the security in last report: 60,017,108
	Holder's balance in this security after the change: 60,017,641
	Total quantity of securities by which there was a decrease/increase: 533
	Is this a grant of rights to purchase shares No
	Total consideration for the securities that were allotted: The stock exchange number of the share that will result from exercise of the security:
	Number of shares that will result from full exercise/conversion of the security:
	Total exercise premium that will be received from full exercise/conversion of the security into shares:
	Period during which the security may be exercised: Fromto
	The securities allotted will be registered for trading:
	The said allotment of securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
12	Name of registered holder for whom the change occurred: I.B.I. Trust Management
	Type of ID number: Number in the Israeli Companies RegistrarID number: 515020428
	Nature of the change: Exercise of warrants
	Date of change: 29/01/2026Executed via the stock exchange clearing house: No
	Type and name of securities in which change occurred: 2018 warrants Security no. on the stock exchange: 1152552

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Holder's balance in the security in last report: 1,885,540
Holder's balance in this security after the change: 1,884,734
Total quantity of securities by which there was a decrease/increase: 806
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted:
The stock exchange number of the share that will result from exercise of the security:
Number of shares that will result from full exercise/conversion of the security:
Total exercise premium that will be received from full exercise/conversion of the security into shares:
Period during which the security may be exercised:
Fromto
The securities allotted will be registered for trading:
The said allotment of securities is further topublished onand its reference number is
The security has been fully paid up and the consideration has been fully received.
The security has been fully paid up, but the consideration has not been fully received.
Issued for an ATM program
Other.
Explanations: 1. If the change affects more than one security, specify the effect of the change in a separate line for each security. 2. Date of change – all changes of the same type, in the same security, that were executed on one day, shall be summarized in a single line. For this purpose – separate between changes executed via the stock exchange clearing house and changes executed directly in the company's books. 3. The change – for a decrease add the sign "-". 4. In all quantity elds, ll in quantity of securities and not NIS par value.
There was a change only in the corporation's register of holders of securities (without a change in the quantity of the corporation's securities) as a result of:
Description of the nature of the change
Explanation: describe the full details of the transaction or action that caused the change in the register
1 Name of registered holder for whom the change occurred:
Type of ID number: ID number:
Date of change: Executed via the stock exchange clearing house:
Type and name of securities in which change occurred:
Security no. on the stock exchange:
Quantity of change:

1. Main details of the shareholders register as of the report date are as follows:

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No.	Name of registered shareholder	Type of ID number	ID number	Security number on the stock exchange	Type of shares and their par value	Number of shares	Does he hold the shares as trustee
1	Mizrahi Tefahot Company for Registration Ltd.	Number in the Israeli Companies Registrar	510422249 1080985		Ordinary, NIS 1 par value	60,017,641	No
2	Yehuda Bar Lev	ID card number	64837198 1080985		Ordinary, NIS 1 par value	1	No

1. Attached is a le of the shareholders register in accordance with the provisions of Section 130 of the Companies Law, 5759 - 1999 _________

2. Attached is an updated le of the corporation's securities registers, including the warrants holders register and the BONDS holders register Securities_register_of_Isrotel_-31126_isa.pdf

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

Name of signatory Position
1 Asaf Beck	Other
	General Counsel, Company Secretary

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

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

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

Form structure update date: 06/08/2024

Short name: Isrotel

Address: Hamered 29 , Tel Aviv6812511 Telephone: 03-5197777 , 03-5197758Fax: 03-

5104646

E-mail: beckasaf@isrotel.co.il

Previous names of reporting entity: King Solomons Palace Hotel Ltd

Name of electronic reporter: Cohen MiritPosition: AccountantName of employing company: Isrotel Ltd. Address:Yitzhak Sadeh8 , Tel Aviv6777508Telephone: 03-5197700Fax: 03-5104646E-mail: mirit@isrotel.co.il