Isrotel Ltd. — Share Issue/Capital Change 2026

May 5, 2026

Isrotel Ltd. ISROTEL LTD Number in Registrar: 520042482

	To: Israel Securities Authority To: Tel-Aviv Stock Exchange Ltd. T087 ( Public ) Filed via MAGNA: 05/05/2026
www.isa.gov.il	www.tase.co.il	Reference:	2026-01-041460

Share capital status, grant 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 (non-tradable) Explanation: Describe briey the nature of the change.

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

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

	Security No. on theStock Exchange	Amount inregistered capital	Issued and paid-up capital
Name and type ofsecurity			Amount in lastreport	Currentamount	Amount registered in the nameof Registration Company Ltd.
Ordinary shares	1080985	80,000,000	60,034,993 60,039,906		60,039,905
2018 warrants	1152552	0	1,839,345 1,828,273		0
Restricted shareunits (RSU)	1212430	0	25,384 25,384		0
Share warrants –other	1212422	0	25,253 25,253		0

Explanation: Detail all the company's securities, including securities not listed for trading.

1. The corporation announces that:

On date _________

From date 01/04/2026 to date 01/05/2026

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

1

Name of registered holder for whom the change occurred: Mizrahi-Tefahot Registration Company Ltd.

Type of identication number: Number in the Israeli Companies RegistrarIdentication number: 510422249

Nature of the change: Exercise of warrants _________

Date of change: 20/04/2026Executed via TASE Clearing House: No

Type and name of security in which the change occurred: Isrotel ordinary share

Security No. on the Stock Exchange: 1080985

Holder's balance of this security in last report: 60,034,993

Holder's balance of this security after the change: 60,037,271

Total quantity of securities in which there was a decrease/increase: 2,278
Is this a grant of rights to purchase shares? No
Total consideration for allocated securities: _________
Security number on the Stock Exchange of the share deriving from exercise of the security: _________
Number of shares that will result from full exercise/conversion of the security: _________
Total exercise premium to be received from full exercise/conversion of the security into shares:
_________Period during which the security may be exercised: _________
From _________to _________
The allocated securities will be registered for trading: _________
The allocation of said securities is further to _________published on _________and its reference number is The security has been fully paid up and the consideration was fully received.The security has been fully paid up, but the consideration was not fully received.Issued for an ATM programOther.
Name of registered holder for whom the change occurred: I.B.I. Trustees Management
2Type of identication number: Number in the Israeli Companies RegistrarIdentication number: 515020428
Nature of the change: Exercise of warrants _________
Date of change: 20/04/2026Executed via TASE Clearing House: No
Type and name of security in which the change occurred: 2018 warrants
Security No. on the Stock Exchange: 1152552
Holder's balance of this security in last report: 1,839,345
Holder's balance of this security after the change: 1,832,664
Total quantity of securities in which there was a decrease/increase: 6,681
Is this a grant of rights to purchase shares? No

Security number on the Stock Exchange of the share deriving from exercise of the security: _________

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

Total exercise premium to be received from full exercise/conversion of the security into shares:

_________

Period during which the security may be exercised: _________

From _________to _________

The allocated securities will be registered for trading: _________

The allocation of said securities is further to _________published on _________and its reference number is _________

The security has been fully paid up and the consideration was fully received.

The security has been fully paid up, but the consideration was not fully received.

Issued for an ATM program

	Other._________
	Name of registered holder for whom the change occurred: Mizrahi-Tefahot Registration Company Ltd.
3	Type of identication number: Number in the Israeli Companies RegistrarIdentication number: 510422249
	Nature of the change: Exercise of warrants _________
	Date of change: 23/04/2026Executed via TASE Clearing House: No
	Type and name of security in which the change occurred: Isrotel ordinary shareSecurity No. on the Stock Exchange: 1080985
	Holder's balance of this security in last report: 60,037,271
	Holder's balance of this security after the change: 60,037,306
	Total quantity of securities in which there was a decrease/increase: 35
	Is this a grant of rights to purchase shares? No
	Total consideration for allocated securities: _________
	Security number on the Stock Exchange of the share deriving from exercise of the security: _________
	Number of shares that will result from full exercise/conversion of the security: _________
	Total exercise premium to be received from full exercise/conversion of the security into shares:
	_________Period during which the security may be exercised: _________
	From _________to _________The allocated securities will be registered for trading: _________
	The allocation of said securities is further to _________published on _________and its reference number is _________
	The security has been fully paid up and the consideration was fully received.The security has been fully paid up, but the consideration was not fully received.
	Issued for an ATM program
	Other.
	_________
	Name of registered holder for whom the change occurred: I.B.I. Trustees Management
4	Type of identication number: Number in the Israeli Companies RegistrarIdentication number: 515020428

Nature of the change: Exercise of warrants _________

Date of change: 23/04/2026Executed via TASE Clearing House: No

Type and name of security in which the change occurred: 2018 warrants Security No. on the Stock Exchange: 1152552

Holder's balance of this security in last report: 1,832,664

Holder's balance of this security after the change: 1,832,565

Total quantity of securities in which there was a decrease/increase: 99

Is this a grant of rights to purchase shares? No

Total consideration for allocated securities: _________
Security number on the Stock Exchange of the share deriving from exercise of the security: _________
Number of shares that will result from full exercise/conversion of the security: _________
Total exercise premium to be received from full exercise/conversion of the security into shares:
_________Period during which the security may be exercised: _________
From _________to _________
The allocated securities will be registered for trading: _________
The allocation of said securities is further to _________published on _________and its reference number is _________
The security has been fully paid up and the consideration was fully received.
The security has been fully paid up, but the consideration was not fully received.
Issued for an ATM programOther.
_________
Name of registered holder for whom the change occurred: Mizrahi-Tefahot Registration Company Ltd.
5Type of identication number: Number in the Israeli Companies RegistrarIdentication number: 510422249
Nature of the change: Exercise of warrants _________
Date of change: 28/04/2026Executed via TASE Clearing House: No
Type and name of security in which the change occurred: Isrotel ordinary share
Security No. on the Stock Exchange: 1080985
Holder's balance of this security in last report: 60,037,306
Holder's balance of this security after the change: 60,039,906
Total quantity of securities in which there was a decrease/increase: 2,600
Is this a grant of rights to purchase shares? No
Total consideration for allocated securities: _________
Security number on the Stock Exchange of the share deriving from exercise of the security: _________
Number of shares that will result from full exercise/conversion of the security: _________
Total exercise premium to be received from full exercise/conversion of the security into shares:

_________

Period during which the security may be exercised: _________

From _________to _________

The allocated securities will be registered for trading: _________

The allocation of said securities is further to _________published on _________and its reference number is _________

The security has been fully paid up and the consideration was fully received.

The security has been fully paid up, but the consideration was not fully received.

Issued for an ATM program

Other.

_________

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

Type of identication number: Number in the Israeli Companies RegistrarIdentication number: 515020428
Nature of the change: Exercise of warrants _________Date of change: 28/04/2026Executed via TASE Clearing House: No
Type and name of security in which the change occurred: 2018 warrantsSecurity No. on the Stock Exchange: 1152552
Holder's balance of this security in last report: 1,832,565
Holder's balance of this security after the change: 1,828,273
Total quantity of securities in which there was a decrease/increase: 4,292
Is this a grant of rights to purchase shares? No
Total consideration for allocated securities: _________Security number on the Stock Exchange of the share deriving from exercise of the security: _________
Number of shares that will result from full exercise/conversion of the security: _________
Total exercise premium to be received from full exercise/conversion of the security into shares:_________
Period during which the security may be exercised: _________From _________to _________
The allocated securities will be registered for trading: _________
The allocation of said securities is further to _________published on _________and its reference number is The security has been fully paid up and the consideration was fully received.The security has been fully paid up, but the consideration was not fully received.Issued for an ATM programOther.

Explanations:

1. If the change affects more than one security, detail the impact of the change in a separate line for each security.

2. Date of change – all changes of the same type, in the same security, made on one day, shall be summarized in one line. For this purpose – separate between changes executed via the TASE 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 the quantity of securities and not NIS par value.

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

Description of the nature of the change _________

Explanation: Describe all the 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 identication number: _________ Identication number: _________

Date of change: _________ Executed via TASE Clearing House: _________

Type and name of security in which the change occurred:

_________

Security No. on the Stock Exchange: _________

Amount of change: _________

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

3. The main shareholders' register as of the report date is as follows:

No.	Name of registeredshareholder	Type ofidenticationnumber	Identicationnumber	Securitynumber on theStock Exchange	Type of sharesand their parvalue	Number ofshares	Whether holdsthe shares astrustee
1	Mizrahi-TefahotRegistrationCompany Ltd.	Number in theIsraeli CompaniesRegistrar	510422249	1080985	Ordinaryshares of NIS 1par value	60,039,905	No
2	Yehuda Bar Lev	ID number	64837198	1080985	Ordinaryshares of NIS 1par value	1	No

1. Attached is a shareholders register le in accordance with 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 Share_register_of_Isrotel_-152026_isa.pdf

Details of the authorized signatories on behalf of the corporation:

Name of signatory Position
1 Assaf Beck	OtherGeneral Counsel, Company Secretary

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730–1970), a report submitted under these regulations shall be signed by the persons authorized to sign on behalf of the corporation. The staff's position on this matter can be found on the Authority's website: Click here .

Reference numbers of previous documents on the matter (the mention 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 Email: beckasaf@isrotel.co.il

Previous names of reporting entity: King Solomons Palace Hotel Ltd.

Electronic reporter's name: Cohen MiritPosition: ControllerEmployer company name: Isrotel Ltd.

Address:Yitzhak Sadeh8 , Tel Aviv6777508Telephone: 03-5197700Fax: 03-5104646Email: mirit@isrotel.co.il