This exchange offer (the “Offer”) is being made for the ordinary shares of Magic Software Enterprises Ltd. (the “Issuer”) by Matrix IT Ltd. (the “Offeror”), each of which is a company incorporated in Israel. The Offer and information distributed in connection with the Offer are subject to disclosure requirements of Israel that are different from those of the United States. Financial statements and financial information included in the document, if any, have been prepared in accordance with International Financial Reporting Standards (IFRS Accounting Standards) that may not be comparable to the financial statements or financial information of United States companies.

It may be difficult for you to enforce your rights and any claim you may have arising under U.S. federal securities laws in respect of the Offer, since the Issuer and the Offeror are located in Israel, and some or all of their officers and directors may be residents of Israel or other countries outside the U.S. You may not be able to sue a company incorporated outside the U.S. or its officers or directors in a non-U.S. court for violations of U.S. securities laws. It may be difficult to compel a company incorporated outside the U.S. and its affiliates to subject themselves to a U.S. court’s judgment.

You should be aware that the issuer may purchase securities otherwise than under the exchange offer, such as in open market or privately negotiated purchases.

Immediate Report on Meeting Results
Article 36D of the Securities Regulations (Periodic and Immediate Reports), 5730-1970
Article 13 of the Securities Regulations (Transaction Between a Company and a Controlling
Shareholder), 5761-2001
Article 22 of the Securities Regulations (Private Offering of Securities by a Listed Company), 5760-2000

Explanation: This form is used to report all types of meetings.
Clarification: This form must be completed for each type of security with respect to which a notice
convening a meeting was published (F460).

TASE security number granting eligibility to participate in the meeting: 445015

Explanation: List the subjects in the order they appeared in the last F460 notice published in connection with this meeting.

1. a. Summary of subject: Approval of the Company’s entry into a reverse triangular merger transaction with Magic Software Enterprises Ltd.

b. The meeting resolved: To approve.

c. Resolution related to matter: Other

	Quantity	Vote For	Vote Against
Total voting rights	63,638,357
Shares / securities that participated in the vote	54,418,087
Shares / securities included in the quorum for the vote	54,418,087	Quantity: 54,417,687 Percentage of quantity: 99.99%	Quantity: 400 Percentage of quantity: 0.01%
Shares / securities that participated in the vote and were not classified as having a personal interest (1)	23,794,848	Quantity: 23,794,448 Rates (2): 99.99%	Quantity: 400 Rates (2): 0.01%

General: Percentage is always calculated based on the “quantity” column in the same row.

(1): The number of shares / securities that participated in the vote and were not classified as shares whose holders have a personal interest, or shares held by the controlling shareholder, and for the purpose of appointing external directors, are not holders of a personal interest in approving the appointment, except for a personal interest that does not arise from ties with the controlling shareholder.

(2): The percentage of votes in favor of / against approval of the transaction out of the total voters who are not holders of a personal interest in the transaction / who are not controlling shareholders or holders of a personal interest in approving the appointment, except for a personal interest that does not arise from ties with the controlling shareholder.

Percentage of votes in favor from all voters who are not controlling shareholders in the Company / not holders of a personal interest: 99.99%

Percentage of votes against from total voting rights in the Company: 0.01%

___________

Explanation: An explanation must be provided if the number of shares participating in the vote is larger than the number of shares included in the quorum of votes for the purpose of the vote.

The Company did not classify a shareholder who voted against as a holder of a personal interest.
The Company did not classify a shareholder differently from the shareholder’s self-classification.

2. a. Summary of subject: Increase the Company’s registered share capital and amend the Company’s Articles of Incorporation.

b. The meeting resolved: To approve.

c. Resolution related to matter: ________

	Quantity	Vote For	Vote Against
Total voting rights	_____________
Shares / securities that participated in the vote	_____________
Shares / securities included in the quorum for the vote	_____________	Quantity: _______ Percentage of quantity: ______%	Quantity: _______ Percentage of quantity: ______%
Shares / securities that participated in the vote and were not classified as having a personal interest (1)	_____________	Quantity: __________ Rates (2): _____%	Quantity: __________ Rates (2): _____%

General: Percentage is always calculated based on the “quantity” column in the same row.

Percentage of votes in favor from all voters who are not controlling shareholders in the Company / not holders of a personal interest: ____%

Percentage of votes against from total voting rights in the Company: ____%

___________

Explanation: Add an explanation if the number of shares that participated exceeds the number counted for voting.

________The Company classified a shareholder voting against the transaction as a holder of a personal interest

________ The Company classified a shareholder in a manner that differs from how the shareholder classifies itself.

Note: Following the Notice to Corporations, one must use the “Vote Processing Tool” available on the ISA website. Responsibility for accuracy and completeness remains with the reporting corporation.

Explanation: Pursuant to Article 5 of the Periodic and Immediate Reports Regulations (5730-1970), a report submitted under these Regulations shall be signed by those authorized to sign on behalf of the Corporation. A Staff Position on the matter may be found on the Authority’s website: click here.

Reference numbers of previous documents on the matter (the reference does not constitute incorporation by reference):

The Corporation’s securities are listed for trading on the Tel Aviv Stock Exchange

Email: yifatg@matrix.co.il; Company website: https://www.matrix-globalservices.com/

Report	Publication Date	Reference No.
Original	Nov. 3, 2025	2025-01-083233
Amended	Dec. 7, 2025	2025-01-097364