Telsys Ltd.

Major Shareholding Notification • Aug 25, 2025

TELSYS LTD.

TELSYS LTD.

Registration Number: 520038100

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T079 (Public) Sent via MAGNA: 25/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-063521

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: ARLEDAN INVESTMENTS LTD.
• Last Name/Corporation Name in English: ARLEDAN INVESTMENTS LIMITED
• Type of Identification Number: Number in the Israeli Companies Registrar
• Identification Number: 520032277
• Citizenship/Country of Incorporation or Registration: Incorporated in Israel
• Country of Citizenship/Incorporation or Registration: _________
• Address: 20 Ahad Ha'am, Jerusalem
• Is the holder acting as a representative for the purpose of reporting several shareholders holding together securities of the corporation: No

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

• Nature of the Action: Decrease
• Due to sale outside the stock exchange
• Other: _________
• Name and Type of Security Subject to the Action: TELSYS LTD.
• Security Number on the Stock Exchange: 354019
• Date of Action: 25/08/2025
• Quantity of Securities Subject to the Action: 118,000
• Price at which the action was performed: 21,870 agorot
• Other: _________
• Are they dormant shares or securities convertible into dormant shares: No
• 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 payment: _________

3. A. Holdings after the Action:

Name, Type, and Series of Security	Security Number on the Stock Exchange	Quantity of Securities	Dormant*	Holding Percentage	% Equity	% Voting	Holding Percentage (Full Dilution)	% Equity	% Voting
TELSYS LTD.	354019	0	No	0.00	0.00	0.00	0.00	0.00	0.00

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 are the details of his holdings:

Holder	Name, Type, and Series of Security	Security Number on the Stock Exchange	Quantity of Securities	Dormant
_	___	___	___	__

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 only in one row.
• 1. It is also necessary to report the holding of other securities, including those not listed for trading.
• 1. In the case where 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:

5. The date and time the corporation first became aware of the event or matter: 25/08/2025 at 09:47

Authorized Signatories on Behalf of the Corporation:

	Name of Signatory	Position
1	Boaz Finkelstein	Other
		Deputy CEO Finance and Company Secretary

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. Staff 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: TELSYS LTD.

Address: 5 Granit, Petah Tikva 4951404 Phone: 03-7657666, 03-7567622 Fax: 03-6497407 Email: boaz@telsys.co.il Company Website: www.telsys.co.il

Previous names of the reporting entity:

Electronic Reporter Name: Finkelstein Boaz Position: Deputy CEO Finance and Company Secretary Employer Company Name:

Address: 5 Granit, Petah Tikva 4900102 Phone: 03-7657622 Fax: 03-6497407 Email: boaz@telsys.co.il

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