expenses, including business travel, professional and business association dues and expenses, for which Formula reimburses its officers; and

filing / May 13, 2026 / receipt

(IaaS), continues to expand, enabling greater agility, scalability and cost efficiency. This trend increases the need for integration

filing / May 13, 2026 / receipt

Severance expenses for the years 2025, 2024 and 2023 were $ 53,972 , $ 53,228 and $ 47,076 , respectively. iii. Other long-term employee benefits: Certain employees of the Group are entitled to benefits in respect of adaptation grants.

filing / May 13, 2026 / receipt

Given that over recent years we have expanded our global presence and offer our software solutions and services to new markets, particularly in the United States, the U.K.

filing / May 13, 2026 / receipt

embrace innovation, create digital-first business models, reduce operating costs, and generate new revenue streams. ● Deliver rich 360-degree business experiences.

filing / May 13, 2026 / receipt

Magic Software leases its and our office space, constituting approximately 32,404 square feet, under a lease agreement entered in November 2019.

filing / May 13, 2026 / receipt

Marek Panek | 56 | Chairman of the Board of Directors | 2025 annual shareholders meeting

filing / May 13, 2026 / receipt

Guy Bernstein | 58 | Chief Executive Officer | No formal arrangement regarding expiration of term of office

filing / May 13, 2026 / receipt

Asaf Berenstein | 48 | Chief Financial Officer | No formal arrangement regarding expiration of term of office

filing / May 13, 2026 / receipt

Maya Solomon-Ella | 48 | Chief Operational Officer | No formal arrangement regarding expiration of term of office

filing / May 13, 2026 / receipt

Rafal Kozlowski | 52 | Director | 2025 annual shareholders meeting

filing / May 13, 2026 / receipt

Karolina Rzonca-Bajorek | 40 | Director | 2025 annual shareholders meeting

filing / May 13, 2026 / receipt