Matrix IT Ltd. — Interim / Quarterly Report 2026

May 19, 2026

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.

Matrix I.T. Ltd.

MATRIX IT LTD

Number in the Registrar: 520039413

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. T930 ( Public ) Filed via MAGNA: 18/05/2026 www.isa.gov.il www.tase.co.il Reference: 2026-01-045857

The corporation will schedule the report for publication on 19/05/2026 07:00

Report on the financial position

Is this a report of a Periodic report/Quarterly report of an insurance corporation? No

Explanation: As of the financial statements for the first quarter of 2017, a corporation that is an insurer (that is, it reported in the past within the framework of Form T932) shall report within this form and shall mark "Yes" in this field, the other corporations may proceed to the following sections.

Periodic report according to Chapter B of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Quarterly report according to Chapter D of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970 Semi-annual report according to Regulation 5D of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Small corporation

In the reporting period the corporation meets the definition of a "small corporation" No

Explanation: According to the definition of "small corporation" as stated in Regulation 5G of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

(1) On the determining date the following conditions are met in the corporation: ___

(2) The corporation chose to apply the reliefs in the following matters:

Reporting in a semi-annual format

Attaching highly material valuation reports

Attaching financial statements of an associate company

Reporting regarding effectiveness of internal control

• The corporation did not adopt any relief

I Periodic report

1. Attached herewith is a Periodic report for the year _which was signed on _.

1. Date of the meeting - to the extent that a meeting of shareholders has been convened at which the financial statements will be presented: ___.

3. Details of the signatories to the Periodic report:

Name of signatory Position of signatory

---

II Financial statements

1. Attached herewith:

Periodic report for the year ___

Quarterly report for the period ended on 31/03/2026.

Which was signed on 18/05/2026.

Do the attached financial statements include a correction of an error by way of restatement of comparative figures as a "restatement due to an immaterial adjustment of comparative figures": 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.

Do the attached financial statements include a correction of a material error by way of "restatement" of comparative figures: No

5. Attached herewith is Review report of the independent auditor

Date of signature of the independent auditor on the opinion/review: 18/05/2026.

6. Name of the auditing accounting firm

1 Ziv Haft, Accountants

---

Name of the independent auditor signing the opinion: ___

License number of the independent auditor: ______

1. A. The opinion is given in an unqualified wording ___

B. The review report is given in an unqualified wording Yes

C. There is an emphasis of matter in the financial statements Yes

Emphasis of matter Other

"Without qualifying our above conclusion, we draw attention to the contents of Notes 1(E) and 4(A) Quoted text of the to the interim financial statements, regarding the merger between the Company and Magic emphasis of matter: Software Industries Ltd."

D. Type of change or addition to the standard wording:

Explanation: If "No" was marked in Section 7(A) or 7(B), it is mandatory to mark one of the following fields.

Qualification

Adverse opinion

Disclaimer of opinion

Quoted text of the paragraphs that are not required in the standard wording: ___

Explanation: If the auditors' opinion or the review report is not in the standard wording or includes additions to the standard wording, specify the change and present from the auditors' opinion or the review report additional paragraphs that are not required in the standard wording (emphasis of matter, qualification, etc.).

8. Date of approval of the financial statements: 18/05/2026

9. Details of the signatories to the financial statements:

Name of signatory	Position of signatory	Position of signatory
Guy Bernstein	Chairman of the Board ___
Mordechai (Motti) Gutman	CEO _	__
Nevo Brenner	VP Finance ___

10. Details of material associates whose financial statements are attached:

1 Company name

---

Do the attached financial statements include a correction of an error by way of restatement of comparative figures as a "restatement due to an immaterial adjustment of comparative figures": ___

Do the attached financial statements include a correction of a material error by way of "restatement" of comparative figures: ___

11. Details of guarantor companies whose financial statements are attached:

1 Company name

---

Do the attached financial statements include a correction of an error by way of restatement of comparative figures as a "restatement due to an immaterial adjustment of comparative figures": ___

Do the attached financial statements include a correction of a material error by way of "restatement" of comparative figures: ___

1. Has the corporation made early application of an accounting standard 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.

Explanation: If "Yes" is selected, please specify which accounting standard is involved

---

III Board of Directors' report - presentation

1. A. Attached herewith is the Board of Directors' report signed on 18/05/2026.

B. Details of the signatories to the Board of Directors' report:

Name of signatory	Position of signatory
Guy Bernstein	Chairman of the Board ___
Mordechai (Motti) Gutman	CEO ___

C. Does the corporation have obligations that require disclosure under Regulations 9D and 38E of the Securities Regulations (Periodic and Immediate Reports), 5730 – 1970: No

Regarding how to fill in this section and the exemption granted to companies from parallel reporting in Form 126, see FAQ No. 105.37 at the following link: Link

D. Does the company publish separate financial statements ("solo" statements):

Yes

No

(1). Cash and cash equivalents, securities held for trading and short-term deposits on the basis of data from the company's separate financial statements ("solo" statements) (in thousands of NIS): 4,233

(2). Cash and cash equivalents, securities held for trading and short-term deposits on the basis of data from the company's consolidated financial statements (in thousands of NIS): 1,011,451

Explanation: The data will include only balances that are not pledged.

E. Disclosure regarding projected cash flow pursuant to Regulation 10(b)(14)(A) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970 (Note: This subsection is not relevant to an insurance corporation):

1. Has the corporation issued debentures that are held by the public at the date of signature of the report? No

2. Does one or more of the warning signs set in the Regulation apply to the company? No

3A. Mark all the warning signs that apply to the company:

Deficit in equity.

Emphasis of matter referring to the company's financial condition, excluding emphasis of matter regarding significant doubts about the company's ability to continue as a going concern.

• Deficit in working capital or in working capital for a period of twelve months along with a continuous negative cash flow from operating activities (in the consolidated statements and also in the separate financial statements according to Regulation 9G or Regulation 38D, as applicable).

Deficit in working capital or in working capital for a period of twelve months or a continuous negative cash flow from operating activities, and the Company's Board of Directors has not determined that this does not indicate a liquidity problem in the company.

Emphasis of matter regarding significant doubts about the company's ability to continue as a going concern.

• 3B. Fill in one or more of the following options according to the consolidated financial statements:

The company has a deficit in working capital or in working capital for a period of twelve months.

• The company has a continuous negative cash flow from operating activities.

The company does not have a deficit in working capital or in working capital for a period of twelve months and does not have a continuous negative cash flow from operating activities.

3C. Fill in one or more of the following options according to separate financial information (Regulation 9G or 38D, as applicable):

The company has a deficit in working capital or in working capital for a period of twelve months.

The company has a continuous negative cash flow from operating activities.

• The company does not have a deficit in working capital or in working capital for a period of twelve months and does not have a continuous negative cash flow from operating activities.

The company is not required to publish separate financial information according to Regulation 9G or 38D, as applicable.

1. Mark the section relevant to the company:

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.

• The company included in the Board of Directors' report disclosure regarding projected cash flow due to the existence of a warning sign.

• At the end of one of the periods included in the disclosure regarding projected cash flow, is a negative cash balance expected? ___

The Company's Board of Directors determined that the existence of a deficit in working capital or a deficit in working capital for a period of twelve months or a continuous negative cash flow from operating activities does not indicate a liquidity problem in the company.

F. Compliance with covenants regarding debentures:

1. Does the corporation meet all the financial covenants stipulated in the trust deeds? ___

2. Does the failure to meet the financial covenants give rise to grounds for immediate redemption of the debentures?

---

G. Details regarding the corporation's independent auditor:

1 Total fee paid to the independent auditor ___for:

Audit services ___ Non-audit services ___

Note: The total fee paid to the auditor for audit services, services related to the audit, including tax services related to the audit.

Details regarding the independent auditor of material consolidated corporations:

The data must be entered separately for each accounting firm.

1 Total fee paid to the independent auditor _ _

of material consolidated corporations of the corporation for: Audit services ___ Non-audit services ___

ISOX IV Report on internal control

14. Is the company exempt from implementing internal control? No

Explanation: If "Yes" is selected, please specify the reason for the exemption from implementing internal control

___

A. A management report on internal control, in the wording set out in the Regulations, updated to the date of the statements, was attached (according to the Ninth Addendum - Periodic report - Regulation 9B; Quarterly report - Regulation 38(C)) Yes

If it is not in the wording set out in the Regulations, specify the content of the change

---

B. Internal control as of the date of this report was found to be: Effective

C. Has the Board of Directors' conclusion regarding control effectiveness changed compared to the last report submitted (that is, from effective control to ineffective and vice versa)? No

D. Management statements

1. Was the CEO's statement attached in the standard wording set out in the Regulations (Periodic report – Regulation 9B(D)

(1); Quarterly report according to Regulation 38G(D)(1)) with emphasis on Sections 1, 4(A) and 5(A)? Yes

1. Was the statement of the senior officer in the finance field attached, in the standard wording set out in the Regulations – Annual report 9B(D)(2); Quarterly report Regulation 38G(D)(2)? Yes

2. Was the wording in Section 4 of the management statements adjusted according to that set out in the Regulations - Annual report 9B(D)(1)(2); Quarterly report according to Regulation 38G(D)(1)(2), in a case where there is a financial statements committee that is not an audit committee? Yes

3. Are the management statements signed as required (name of the officer and date of signature as of the date of signing the statements)? Yes

V Attached files

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.

15. A. Periodic report in IXBRL format: ___

Regarding attaching Periodic reports in iXBRL format, see the ISA position here

Periodic report in PDF format: 2026_1רבעון_םייכספ_דוחות_isa.pdf The quarterly report

B. The following is the file of highly material valuation reports whose attachment is required pursuant to Regulation 8B or Regulation 49 of the Securities Regulations (Periodic and Immediate Reports) 5730 - 1970, as applicable ___

C. _Explanation of the information attached in the file: _

Are the attached PDF files in textual format that allows searching? Yes

Do the financial statements include all comparison periods required under accounting standards and Securities Regulations? Yes

VI Financial data (excluding earnings per share) in: ThousandsILS (Israel, New Shekels)

Representative exchange rate of the reporting currency against the NIS at the end of the reporting period: ___

16. Data from the consolidated statement of financial position

The amounts of assets and liabilities shall be recorded as a positive amount, i.e. with a "+" sign, whereas amounts appearing in the company's statements in parentheses (such as deficit in equity) shall be recorded as a negative amount, i.e. with a "-" sign.

Assets

1. Total current assets

1.	Total current assets	3,982,272
2.	Total non-current assets	2,437,310
3.	Total assets	6,419,582
Liabilities
4.	Total current liabilities	3,236,528
5.	Total non-current liabilities	1,056,487
6.	Total liabilities	4,293,015
Equity
7.	Total equity attributable to owners of the parent company	1,969,081
8.	Non-controlling interests	157,486
9.	Total equity	2,126,567
10. Total equity and liabilities		6,419,582

17. The method of presenting the statement of profit or loss is:

Presentation by function of expense

Presentation by nature of expense

1. Data from the consolidated statement of profit or loss: For the period of three months ended on the balance sheet date

In quarterly reports, fill in the data in the statement of profit or loss for a period of 3 months and not for the cumulative period. In the semi-annual report, fill in the data in the statement of profit or loss for a period of six months. Negative totals (such as loss from ordinary operations) shall be recorded as a negative amount, i.e. with a "-" sign. If the item does not appear in the company's financial statements, select the appropriate checkbox.

1. Revenue		2,127,581
2. Gross proft Not applicable		382,718
3. Proft (loss) from operating activities	Not applicable	203,070
4. Proft (loss) before tax		179,291
5. Proft (loss)		136,840
6. Proft (loss) attributable to:
6.1 Proft (loss) attributable to owners of	the parent company	120,736
6.2 Proft (loss) attributable to non-controlling interests		16,104

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.

7. Earnings per share

7.1 Total basic earnings (loss) per share 7.2 Total diluted earnings (loss) per share

8. Total comprehensive income

8.1. Comprehensive income attributable to owners of the parent company

8.2. Comprehensive income attributable to non-controlling interests

1.3 1.3 129,797 113,698 16,099

1. Data from the statement of cash flows: For the period of three months ended on the balance sheet date Cash flows used for activities will be recorded as a negative amount, i.e. with a "-" sign

Cash fows used for activities will be recorded as a negative amount, i.e. with a "-" sign
(1) Net cash fows from (used in) operating activities	-123,134
(2) Net cash fows from (used in) investing activities	-41,955
(3) Net cash fows from (used in) fnancing activities	-24,261
(4) Effect of exchange rate changes of foreign currency on cash and cash equivalents	-6,549
(5) Additional effects not refected in items 1-4 above	0
Increase (decrease), net in cash and cash equivalents during the period	-195,899
Cash and cash equivalents balance at the beginning of the period	1,207,350
Cash and cash equivalents balance at the end of the period	1,011,451

1. A. As of the date of the financial report, is the company a shell company as defined in the TASE Regulations? No B. As of the date of publication of the financial report, is the company a shell company as defined in the TASE Regulations? ___

We hereby declare that we have filled in the form in accordance with the data in the full financial statements.

Details of the authorized signatories signing on behalf of the corporation:

Name of signatory Position VP Finance 1 Nevo Brenner ___

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730 – 1970), a report submitted according to 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 ISA website: Click here .

Reference numbers of previous documents on the subject (the reference does not constitute inclusion by way of reference):

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

Date of last update of the form structure: 09/12/2025

Short name: Matrix Address: Atir Yeda 3 , Kfar Saba 4464303 Telephone: 09-9598810 , Fax: Email: yifatg@matrix.co.il Company website:https://www.matrixglobalservices.com/

Previous names of reporting entity: Romtech Electronics Ltd.

Name of electronic reporter: Brenner NevoPosition: Senior VP FinanceName of employing company: Address: Atir Yeda3 , Kfar Saba4464303Telephone: 09-9598850Fax: 077-6070016Email: nevobr@matrix.co.il