SCHEDULE: Meitav Investment House Boosts Enlight Renewable Stake

Meitav Investment House Ltd. reports an 8.52% beneficial ownership stake in Enlight Renewable Energy Ltd., holding over 11.2 million ordinary shares.

Summary

• Meitav Investment House Ltd. (the "Reporting Person") beneficially owns 11,226,015 ordinary shares of Enlight Renewable Energy Ltd.
• This ownership represents 8.52% of Enlight Renewable Energy Ltd.'s outstanding ordinary shares.
• The percentage is based on 131,822,051 ordinary shares outstanding as of September 25, 2025.
• The shares are held by various direct or indirect, majority or wholly-owned subsidiaries of Meitav Investment House Ltd.
• Specific subsidiary holdings include: Meitav Mutual Funds Ltd. with 2,128,894 shares (1.61%), Meitav Provident Funds & Pension Ltd. with 6,363,738 shares (4.83%), and Meitav Portfolio Management Ltd. with 2,739,295 shares (2.07%).
• The Reporting Person and its subsidiaries disclaim that the securities were acquired or are held for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 7

Explanation: The filing indicates a significant institutional investment, which is generally a positive signal of confidence in the company. However, it is purely a disclosure of ownership and does not provide operational or financial performance updates.

Positives

• Increased institutional ownership by a significant investment house like Meitav Investment House Ltd. can signal confidence in Enlight Renewable Energy Ltd.'s prospects.
• The substantial stake of 8.52% indicates a notable commitment from a major institutional investor.

Future Outlook

The filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or the Reporting Person's future investment intentions beyond the certification of not seeking control.

Management Comments

• "The securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

Enlight Renewable Energy operates in the renewable energy sector, a growing industry driven by global sustainability initiatives. Meitav Investment House Ltd. is an Israeli institutional investor, and its significant stake reflects continued institutional interest in the renewable energy market.

Stakeholder Impact

• Shareholders may view the increased institutional ownership as a positive indicator of confidence in the company's value and future prospects, potentially leading to increased investor interest.

Key Dates

Recommendation

The filing reveals a substantial institutional stake by Meitav Investment House, which is a positive signal of confidence in Enlight Renewable Energy. However, a Schedule 13G is an ownership disclosure, not a performance report or a strategic update. While increased institutional backing is generally favorable, it does not provide new fundamental data to warrant a 'buy' or 'sell' recommendation based solely on this filing. Investors should 'hold' and consider this information alongside other financial and operational reports.

Keywords

Enlight Renewable Energy, MEITAV Investment House, Schedule 13G, Beneficial Ownership, Institutional Investor, Renewable Energy, Israel, Ordinary Shares