Isrotel Ltd. — Share Issue/Capital Change 2026

Apr 20, 2026

Isrotel Ltd ISROTEL LTD Registrar number: 520042482

	To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd T087 ( Public ) Transmitted by MAGNA: 20/04/2026
www.isa.gov.il	www.tase.co.il	Reference:	2026-01-036557

Share capital status, grant of rights to purchase shares and the corporation's securities registers and the 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 (non-tradable) Explanation: A brief description is required of the nature of the change

Reference numbers of previous reports on the subject: _________, _________, _________.

1. The corporation's securities position after the change:

Name and typeof security			Issued and paid-up capital
	Security no. on thestock exchange	Amount in theregistered capital	Quantity inlast report	Currentquantity	Quantity registered in the nameof the company for registrations
Ordinary shares	1080985	80,000,000	60,023,730 60,034,993		60,034,992
2018 warrants	1152552	0	1,864,249 1,839,345		0
Restricted shareunits (RSU)	1212430	0	25,384 25,384		0
Share warrantsothers–	1212422	0	25,253 25,253		0

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

1. The corporation announces that:

On the date _________

• From date 01/03/2026 to date 31/03/2026
• A change occurred 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 (non-tradable)

Explanation: All transaction or action details that gave rise to a change in the corporation's securities must be described.

1

Name of the registered holder in respect of whom the change has occurred: Mizrahi Tefahot Company for Registrations Ltd

Type of I.D. number: Number in the Israeli Registrar of CompaniesI.D. number: 510422249

Nature of the change: Exercise of warrants _________

Date of change: 05/03/2026Performed via the stock exchange clearing house: No

Type and name of security in which a change occurred: Isrotel ordinary share Security no. on the stock exchange: 1080985

Holder's balance in the security in last report: 60,023,730

	Holder's balance in this security after the change: 60,027,070
	Total quantity of securities in which there was a decrease/increase: 3,340
	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 securities: _________
	Number of shares that will result from full exercise/conversion of the securities: _________
	Total exercise premium that will be received from full exercise/conversion of the securities into shares:
	_________The period in which the securities may be exercised: _________From _________until _________
	The securities allotted will be registered for trading: _________
	The said securities allotment is further to _________published on _________and 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 programOther.
2	Name of the registered holder in respect of whom the change has occurred: I.B.I Trust Management
	Type of I.D. number: Number in the Israeli Registrar of CompaniesI.D. number: 515020428
	Nature of the change: Exercise of warrants _________Date of change: 05/03/2026Performed via the stock exchange clearing house: No
	Type and name of security in which a change occurred: 2018 warrantsSecurity no. on the stock exchange: 1152552
	Holder's balance in the security in last report: 1,864,249
	Holder's balance in this security after the change: 1,855,546
	Total quantity of securities in which there was a decrease/increase: 8,703
	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 securities: _________

Number of shares that will result from full exercise/conversion of the securities: _________

Total exercise premium that will be received from full exercise/conversion of the securities into shares:

_________

The period in which the securities may be exercised: _________

From _________until _________

The securities allotted will be registered for trading: _________

The said securities allotment is further to _________published on _________and 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.

_________

3 Name of the registered holder in respect of whom the change has occurred: Mizrahi Tefahot Company for Registrations Ltd

Type of I.D. number: Number in the Israeli Registrar of CompaniesI.D. number: 510422249

Nature of the change: Exercise of warrants _________

Date of change: 08/03/2026Performed via the stock exchange clearing house: No

Type and name of security in which a change occurred: Isrotel ordinary share Security no. on the stock exchange: 1080985

Holder's balance in the security in last report: 60,027,070

Holder's balance in this security after the change: 60,034,993

Total quantity of securities in which there was a decrease/increase: 7,923

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 securities: _________

Number of shares that will result from full exercise/conversion of the securities: _________

Total exercise premium that will be received from full exercise/conversion of the securities into shares:

_________

The period in which the securities may be exercised: _________ From _________until _________

The securities allotted will be registered for trading: _________

The said securities allotment is further to _________published on _________and 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.

_________

4

Name of the registered holder in respect of whom the change has occurred: I.B.I Trust Management Type of I.D. number: Number in the Israeli Registrar of CompaniesI.D. number: 515020428

Nature of the change: Exercise of warrants _________

Date of change: 08/03/2026Performed via the stock exchange clearing house: No

Type and name of security in which a change occurred: 2018 warrants Security no. on the stock exchange: 1152552

Holder's balance in the security in last report: 1,855,546

Holder's balance in this security after the change: 1,839,345

Total quantity of securities in which there was a decrease/increase: 16,201

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 securities: _________
Number of shares that will result from full exercise/conversion of the securities: _________
Total exercise premium that will be received from full exercise/conversion of the securities into shares:
_________The period in which the securities may be exercised: _________From _________until _________
The securities allotted will be registered for trading: _________
The said securities allotment is further to _________published on _________and 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 programOther.

Explanations:

1. If the change affects more than one security, the effect of the change on each security must be detailed in a separate line.

2. Date of change – all changes of the same type, in the same security, carried out on one day, shall be summed in one line. For this purpose – a distinction must be made between changes carried out through the stock exchange clearing house and changes carried out directly in the company's books.

3. The change – for a decrease, the sign "-" must be added.

4. In all quantity elds, the quantity of securities and not NIS par value must be lled in.

There was a change 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: All transaction or action details that gave rise to a change in the register must be described

1 Name of the registered holder in respect of whom the change has occurred: _________
Type of I.D. number: _________ I.D. number: _________
Date of change: _________ Performed via the stock exchange clearing house: _________
Type and name of security in which a change occurred:

_________

Security no. on the stock exchange: _________

Amount of change: _________

Holder's balance in this security after the change: _________

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

No.	Name of registeredshareholder	Type of I.D. number	I.D.number	Security numberon the stockexchange	Type of sharesand their parvalue	Number ofshares	Does he/shehold the sharesas trustee
1	Mizrahi TefahotCompany forRegistrations Ltd	Number in theIsraeli Registrar ofCompanies	510422249 1080985		Ordinary of NIS1 par value	60,034,992	No

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.

No.	Name of registeredshareholder	Type of I.D. number	I.D.number	Security numberon the stockexchange	Type of sharesand their parvalue	Number ofshares	Does he/shehold the sharesas trustee
2	Yehuda Bar Lev	Identity cardnumber	64837198	1080985	Ordinary of NIS1 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_-31326_isa.pdf

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

Name of signatory Position
	Other
1 Asaf Beck	Legal Advisor, Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under 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 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

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