Next Vision Stabilized Systems Ltd. - Interim / Quarterly Report 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.

Next Vision Stabilized Systems Ltd.

NEXT VISION STABILIZED SYSTEMS LTD

Number in the Registrar: 514259019

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd.

www.tase.co.il

T930 (Public)

www.tase.co.il

Transmitted by MAGNA: 11/05/2026

Reference: 2026-01-043284

The corporation will schedule the report for publication on 11/05/2026 12:00

Report on the financial position

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

Explanation: Beginning with the financial statements for the first quarter of 2017, a corporation that is an insurer (that is, reported in the past by means of Form T932) shall report by means of this form and shall mark "Yes" in this field; the rest of the corporations may proceed to the following sections.

☐ Periodic report under Chapter B of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970
☐ Quarterly report under Chapter D of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970
☐ Semiannual report under Regulation 5D of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Small corporation

In the reporting period the corporation meets the definition of "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) As of the determining date, the following conditions are met in the corporation: ____

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

☐ Reporting on a semiannual basis
☐ Attachment of highly material valuation reports
☐ Attachment of financial statements of an equity-accounted investee
☐ Reporting regarding effectiveness of internal control
☐ The corporation did not adopt any relief

I Periodic report

Attached herewith is a Periodic report for the year _ which was signed on _.
Date of the meeting – if a shareholders' meeting was convened at which the financial statements will be presented: ____.
Details of the signatories of the Periodic report:

Name of signatory	Position of signatory
_____	_____

II Financial statements

Attached herewith:

☐ Periodic report for the year ____
☐ Quarterly report for the period ended on 31/03/2026.

Which was signed on 10/05/2026.

Do the attached financial statements include correction of an error by means of restatement of comparative figures as "restatement due to an immaterial adjustment of comparative figures": No

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

Attached herewith Review report of the independent auditor

Date of signing of the independent auditor on the opinion/review: 10/05/2026.

Name of the independent audit firm

1 Ziv Haft, Accountants

Name of the independent auditor signing the opinion:

License number of the independent auditor:

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 No

Emphasis of matter

Quoted wording of the emphasis of matter:

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 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 review report additional paragraphs that are not required in the standard wording (emphasis of matter, qualification, etc.).

Date of approval of the financial statements: 10/05/2026
Details of the signatories of the financial statements:

Name of signatory	Position of signatory
Chen Golan	Chairman of the Board of Directors
Michael Grossman	CEO
Alex Lavi	VP Finance

Details of material equity-accounted investees whose financial statements are attached:

1 Name of company

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

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

Details of guarantor companies whose financial statements are attached:

1 Name of company

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

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

Has the corporation carried out early application of an accounting standard No

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

III Directors' report – presentation

a. Attached herewith is the Directors' report which was signed on 10/05/2026.

b. Details of the signatories of the Directors' report:

Name of signatory	Position of signatory
Chen Golan	Chairman of the Board of Directors
Michael Grossman	CEO

c. Does the corporation have obligations for which disclosure is required in accordance with Regulations 9D and 38E of the Securities Regulations (Periodic and Immediate Reports), 5730 – 1970: No

Regarding the manner of filling in the section and the exemption granted to companies from parallel reporting in Form 126, see Q&A 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 based on data from the separate financial statements of the corporation ("solo" statements) (in thousands of NIS): ____

(2). Cash and cash equivalents, securities held for trading and short-term deposits based on data from the consolidated financial statements of the corporation (in thousands of NIS): 1,716,592

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

e. Disclosure regarding projected cash flows 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):

Has the corporation issued debentures held by the public as of the date of signing the report? No
Does one or more of the warning signs set out in the Regulation apply to the company? No

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

☐ Deficit in shareholders' equity.
☐ Emphasis of matter referring to the company's financial condition, except for emphasis of matter regarding material uncertainties as to the company's ability to continue as a going concern.
☐ Deficit in working capital or in working capital for a period of twelve months together with ongoing negative cash flows from operating activities (in the consolidated financial statements and also in the separate financial statements pursuant to Regulation 9G or Regulation 38D, as applicable).
☐ Deficit in working capital or in working capital for a period of twelve months or ongoing negative cash flows 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 material uncertainties as to the company's ability to continue as a going concern.

3b. One or more of the following shall be completed 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 ongoing negative cash flows from operating activities.
☐ The company has no deficit in working capital or in working capital for a period of twelve months and no ongoing negative cash flows from operating activities.

3c. One or more of the following shall be completed according to separate financial information (Regulation 9G or 38D, as applicable):

Mark the clause relevant to the company:
☐ The company included in the Directors' report disclosure regarding projected cash flows due to the existence of a warning sign.

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

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

f. Compliance with financial covenants under debentures:

Does the corporation meet all the financial covenants stipulated in the deeds of trust?
Does non-compliance with the financial covenants give rise to a cause for immediate repayment of the debentures?

g. Details regarding the independent auditor of the corporation:

1 Total remuneration paid to the independent auditor __ for:

Audit services

Services other than audit services

Note: The total remuneration 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 investees:

The data must be entered separately for each audit firm.

1 Total remuneration paid to the independent auditor
of material consolidated investees of the corporation for:

Audit services

Services other than audit services

ISOX IV Report on internal control

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 prescribed in the Regulations, updated to the date of the statements, was attached (according to the Ninth Schedule – Periodic report – Regulation 9B; Quarterly report – Regulation 38(c)) Yes

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

b. The internal control as of the date of this report was found to be: Effective

c. Has the Board of Directors' conclusion regarding the effectiveness of control changed from the last report submitted (i.e. from effective control to ineffective and vice versa)? No

d. Management statements

Was a CEO statement attached in the standard wording prescribed in the Regulations (Periodic report – Regulation 9B(d) (1); Quarterly report under Regulation 38G(d)(1)), with emphasis on Sections 1, 4(a) and 5(a)? Yes
Was a statement of the senior officer in the finance field attached, in the standard wording prescribed in the Regulations – Annual report 9B(d)(2); Quarterly report Regulation 38G(d)(2)? Yes
Was the wording in Section 4 of the management statements adjusted in accordance with the provisions of the Regulations – Annual report 9B(d)(1)(2); Quarterly report under Regulation 38G(d)(1)(2), in a case where there is a financial statements committee that is not an audit committee? No
Are the management statements signed as required (name of the officer and his signing date as of the date of signing the statements)? Yes

V Attachments

a. Periodic report in IXBRL format:

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

Periodic report in PDF format: Financial Report Q1 2026.isa.pdf The quarterly report

b. The following is a file of highly material valuation reports, the attachment of which is required under 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 a textual format that allows search? Yes

Do the financial statements include all comparative periods required under accounting rules and Securities Regulations? Yes

VI Financial data (excluding earnings per share) in: Thousands of USD (United States of America, Dollars)

Representative exchange rate of the reporting currency against NIS at the end of the reporting period: 3.165

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 that appear in the company's balance sheet in parentheses (such as a deficit in equity) shall be recorded as a negative amount, i.e. with a “-” sign.

Assets
1. Total current assets	637,264
2. Total non-current assets	11,698
3. Total assets	648,962
Liabilities
4. Total current liabilities	32,153
5. Total non-current liabilities	5,699
6. Total liabilities	37,852
Equity
7. Total equity attributable to owners of the parent company	611,110
8. Non-controlling interests	0
9. Total equity	611,110
10. Total equity and liabilities	648,962

Method of presenting the statement of profit or loss:

$\bigcirc$ Presentation by function of expense
$\bigcirc$ Presentation by nature of expense

Data from the consolidated statement of profit or loss: For the three-month period ended on the balance sheet date

In quarterly reports, the data in the statement of profit or loss shall be completed for a period of 3 months and not for the cumulative period. In a semiannual report, the data in the statement of profit or loss shall be completed for a period of six months. Negative totals (such as loss from ordinary activities) shall be recorded as a negative amount, i.e. with a “-” sign. If the item does not appear in the company's financial statements, the appropriate check box shall be selected.

Revenue 67,389
Gross profit $\square$ Not relevant 45,295
Profit (loss) from operating activities $\square$ Not relevant 38,348
Profit (loss) before tax 44,221
Profit (loss) 38,263
Profit (loss) attributable to:
6.1 Profit (loss) attributable to owners of the parent company 38,263
6.2 Profit (loss) attributable to non-controlling interests 0
Earnings per share

7.1 Total basic earnings (loss) per share 0.419
7.2 Total diluted earnings (loss) per share 0.403

Total comprehensive income 38,263

8.1. Comprehensive income attributable to owners of the parent company 38,263
8.2. Comprehensive income attributable to non-controlling interests 0

Data from the statement of cash flows: For the three-month period ended on the balance sheet date

Cash flows used for activities shall be recorded as a negative amount, i.e. with a "-" sign

(1) Net cash flows provided by (used in) operating activities 31,347
(2) Net cash flows provided by (used in) investing activities -42,965
(3) Net cash flows provided by (used in) financing activities -45,708
(4) Effect of changes in foreign exchange rates on cash and cash equivalents -146
(5) Additional effects not reflected in items 1-4 above 0

Net increase (decrease) in cash and cash equivalents during the period -57,472

Cash and cash equivalents at beginning of period 85,440

Cash and cash equivalents at end of period 27,968

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 on behalf of the corporation:

Name of signatory	Position
Chen Golan	Chairman of the Board of Directors

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 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 incorporation by 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: Next Vision

Address: Dafna9, Ra'anana4366223 Telephone: 077-5342041, Fax: 077-5442040

E-mail: [email protected]

Previous names of the reporting entity:

Name of electronic reporter: Lavi AlexPosition: Controller and Finance ManagerName of employing company:

Address: HaTidhar17, Ra'anana4366519Telephone: 077-5342041Fax: 077-5342040E-mail: [email protected]

AI assistant

Next Vision Stabilized Systems Ltd. Interim / Quarterly Report 2026

6945_rns_2026-05-11_c91e8647-f319-4c97-81ff-92d68f0e3d17.pdf

Small corporation

I Periodic report

II Financial statements

AI assistant

Next Vision Stabilized Systems Ltd. — Interim / Quarterly Report 2026

6945_rns_2026-05-11_c91e8647-f319-4c97-81ff-92d68f0e3d17.pdf

Small corporation

I Periodic report

II Financial statements

More from Next Vision Stabilized Systems Ltd.

Next Vision Stabilized Systems Ltd. Interim / Quarterly Report 2026