Next Vision Stabilized Systems Ltd.

Major Shareholding Notification • Aug 12, 2025

NEXT VISION STABILIZED SYSTEMS LTD

Company number: 514259019

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T079 (Public) Sent via MAGNA: 11/08/2025 Israel Securities Authority website: www.isa.gov.il Tel Aviv Stock Exchange website: www.tase.co.il Reference: 2025-01-059556

Immediate Report on a Person Who Ceased to be an Interested Party in the Corporation

According to Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: Wherever reference is made to an interested party, it also refers to a holder of a significant means of control in a banking corporation without a control core.

1. Holder Details:

• First Name: _________
• First Name in English as appears in passport: _________
• Last Name/Corporation Name: MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD.
• Last Name/Corporation Name in English: Migdal Insurance and Financial Holdings Ltd
• Type of Identification Number: Company number in the Israeli Companies Registrar
• Identification Number: 520029984
• Citizenship/Country of Incorporation or Registration: Incorporated in Israel
• Country of Citizenship/Incorporation or Registration: _________
• Address: 4 Afek Street, Petah Tikva
• Is the holder acting as a representative for the purpose of reporting on several shareholders holding together securities of the corporation: Yes

2. Details of the Action as a Result of Which the Holder Ceased to be an Interested Party in the Corporation:

• A. Nature of the action: Decrease, due to sale on the stock exchange
• Other: _________
• B. Name and type of security subject to the action: NEXT VISION STABILIZED SYSTEMS Share
• C. Security number on the stock exchange: 1176593
• D. Date of action: 07/08/2025
• E. Quantity of securities subject to the action: 182,379
• F. Price at which the action was performed: 13,260 agorot
• Other: _________
• G. Are these dormant shares or securities convertible into dormant shares: No
• H. Was the entire consideration paid at the time of the change: Yes
• If not all the consideration was paid at the time of the change, please specify the date of completion of the payment: _________

3. A. Holdings after the action:

Name, Type, and Series of Security	Security Number on TASE	Quantity of Securities	Dormant*	Holding Percentage	Holding Percentage (Full Dilution)
NEXT VISION STABILIZED SYSTEMS Share	1176593	3,944,738	No	4.85% equity, 4.85% voting	4.61% equity, 4.61% voting

• B.
  • The holder is not a member of an institutional reporting group.
  • The holder is not a member of an institutional reporting group, but serves/served as an office holder in the company who is not a CEO or director and was not an interested party by virtue of his holdings.
  • The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Assets Permitted to be Purchased and Held by a Fund and Their Maximum Rates), 1994.
    • The hedge fund has the right to appoint a director or representative on the company's board: _________
  • The holder is a member of an institutional reporting group. Below is a breakdown of his holdings:

Holder	Name, Type, and Series of Security	Security Number on TASE	Quantity of Securities	Dormant
Participating Life Insurance Accounts	NEXT VISION STABILIZED SYSTEMS Share	1176593	2,593,296	No
Companies Managing Mutual Fund Investments	NEXT VISION STABILIZED SYSTEMS Share	1176593	1,351,442	No

Explanations:

• 1. If the interested party holds more than one type of security, the holding percentages should be indicated considering all securities held by him in only one row.
• 1. It is also necessary to report the holding of other securities, including those not listed for trading.
• 1. If the interested party is a subsidiary, the holdings should be split between shares acquired before the entry into force of the Companies Law, 1999, and shares acquired after its entry into force.
• 1. When the holder is not a member of an institutional reporting group, only section 3A should be completed. When the holder is a member of an institutional reporting group, sections 3A and 3B should be completed.
• Please indicate whether these are dormant shares or securities convertible into dormant shares.

4. Additional Details:

To the best of the company's knowledge, as of the report date, Mr. Shlomo Eliyahu is the ultimate controlling shareholder of the company and holds 48.45% of the issued and paid-up share capital of the company ["share capital"], through ELIAHU ISSUES LTD. ELIAHU ISSUES LTD is wholly owned by Eliyahu 1959 Ltd. To the best of the company's knowledge, the shareholders of Eliyahu 1959 Ltd are: Mr. Shlomo Eliyahu, holding 25.14% of the capital and 98% of the management shares, Mrs. Chaya Eliyahu, holding 0.02% of the capital and 2% of the management shares, Shlomo Eliyahu Holdings Ltd, holding 61.7% of the capital, and Achim Eliyahu Trust and Investments Ltd, holding 13.14% of the capital. The shareholders of Shlomo Eliyahu Holdings Ltd are Mr. Shlomo Eliyahu holding 83.31% and Mrs. Chaya Eliyahu holding 16.69%. The sole shareholder of Achim Eliyahu Trust and Investments Ltd is Eliyahu 1959 Ltd, whose shareholders are as detailed above. The holdings in the company's shares listed under participating life insurance accounts are held by the partnership "Migdal Sal – Israel Shares" (the "Partnership"). The partnership is a registered partnership, all of whose rights holders are companies of the Migdal institutional reporting group. The partnership itself is not a participating life insurance account and/or a management company. According to the agreements among the partners in the partnership, the holding rate of the rights holders in the partnership changes frequently, according to the mechanism set in the partnership agreement.

5. The date and time the corporation first became aware of the event or matter:

11/08/2025 at 10:30

Authorized Signatories on behalf of the Corporation:

#	Name of Signatory	Position
1	Chen Golan	Chairman of the Board

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

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

Short name: NEXT VISION STABILIZED SYSTEMS

Address: 9 Dafna St., Ra'anana 4366223 Phone: 077-5342041 Fax: 077-5442040

Email: chen.g@nextvision-sys.com

Previous names of the reporting entity:

Electronic reporter name: Lavi Alex Position: Accountant and CFO Employer company name:

Address: 17 Hatidhar St., Ra'anana 4366519 Phone: 077-5342041 Fax: 077-5342040 Email: alex.l@nextvision-sys.com