CELLCOM ISRAEL LTD. Announcement of A Special General Meeting of The Shareholders of The Company

Rhea-AI Summary

Cellcom Israel Ltd. (TASE: CEL) announced a Special General Meeting of shareholders to be held on April 23, 2026, at 3:00 p.m. Israel time at the company's offices in Netanya; an adjourned meeting is scheduled for April 30, 2026.

The record date is March 25, 2026. Agenda items include an update to the company's officer compensation policy and approval of equity compensation for CEO Eli Adadi. Voting instructions and required documents are available through the company and TASE distribution sites.

Market Context

This announcement centers on a Special General Meeting to approve updates to the officers’ compensat...

Analysis

This announcement centers on a Special General Meeting to approve updates to the officers’ compensation policy and equity compensation for the CEO on April 23, 2026, with clear record and voting deadlines. Investors may focus on how proposed terms compare with prior policies and broader governance practices. Key items to watch include final approved compensation structures, any changes in equity-based incentives, and subsequent disclosures that might clarify longer-term implications for alignment between management and shareholders.

Key Figures

Meeting date: April 23, 2026, 3:00 p.m. Adjourned meeting date: April 30, 2026, 3:00 p.m. Record date: March 25, 2026 +5 more

8 metrics

Meeting date April 23, 2026, 3:00 p.m. Special General Meeting of Shareholders

Adjourned meeting date April 30, 2026, 3:00 p.m. If initial meeting is adjourned

Record date March 25, 2026 Eligibility to vote at Special General Meeting

Electronic voting deadline 6 hours Before assembly time of General Meeting

Written voting deadline 4 hours Before assembly time of General Meeting

Company address 10 Ha'gavish Street Location of General Meeting in Netanya, Israel

Agenda item count 2 items Compensation policy update and CEO equity compensation

Contact telephone +972-52-998-4774 Company and investor relations contact number

Key Terms

depositary trust company (dtc)

1 terms

depositary trust company (dtc) financial

"instead via a member of the Depositary Trust Company (DTC) or Shareholders who are"

A Depository Trust Company (DTC) is a centralized organization that holds securities in electronic form and handles the transfer, settlement and record-keeping of trades between brokers, acting like a secure, central post office or bank vault for stocks and bonds. For investors, DTC’s role matters because it speeds up trading, reduces the chance of paperwork or ownership errors, and ensures dividends, corporate actions and transfers are processed reliably.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

NETANYA, Israel, March 18, 2026 /PRNewswire/ -- Cellcom Israel Ltd. (TASE: CEL) (the "Company") announces that the Meeting will convene on Thursday, April 23, 2026, at 3:00 p.m. (Israel time), at the offices of the Company, 10 Ha'gavish Street, Netanya, Israel. An adjourned Meeting, if required, will be held on Thursday, April 30, 2026, at the same time and at the same place. The record date for the Meeting is Wednesday, March 25, 2026.

The Agenda of the Meeting

(1)  Approval of an update to the Company's Compensation Policy for officers of the Company, as attached in Appendix A to the General Meeting Summons Report;

(2)  Approval of the grant of equity compensation to the Company's CEO, Mr. Eli Adadi, as detailed in Section 3 of the General Meeting Summons Report.

Voting Instructions

The summon statement and the voting card published by the Company on Wednesday, March 18, 2026 regarding the convening of the Meeting (the "Meeting's Documents") may be viewed on the Magna distribution website at: www.magna.isa.gov.il and on the Tel-Aviv Stock Exchange Ltd. website at: https://maya.tase.co.il/.

Section 5.10 of the summon statement contains voting instructions for shareholders whose shares are not held via a member of the TASE Clearinghouse (for trading on the Tel Aviv Stock Exchange) but instead via a member of the Depositary Trust Company (DTC) or Shareholders who are registered directly with the Company's U.S. transfer agent, American Stock Transfer & Trust Company.

An Unregistered Shareholder is entitled to vote through the Electronic Voting System. Voting through an Electronic voting card shall be possible until six (6) hours before the assembly time of the General Meeting. In addition, an Unregistered Shareholder shall be entitled to deliver the certificate of ownership through the Electronic Voting System

A shareholder is also entitled to vote at the General Meeting through a voting card. Voting in writing shall be made by way of the second part of the voting card, which is attached to the Report.

The voting card and documents that must be attached thereto as set forth in the voting card, must be delivered to the Company's offices (including by registered mail) including the certificate of ownership (and with respect to a registered shareholder - including a photocopy of an identity card, passport, or certificate of incorporation, as applicable) until four (4) hours before the assembly time of the General Meeting. For this purpose, "time of delivery" is the time on which the voting card and the documents attached thereto arrived at the Company's offices.

 

Company Contact Gadi Attias Chief Financial Officer investors@cellcom.co.il Tel: +972-52-998-4774

Investor Relations Contact Elad Levy Investor Relations Manager investors@cellcom.co.il Tel: +972-52-998-4774

 

 

View original content:https://www.prnewswire.com/news-releases/cellcom-israel-ltd-announcement-of-a-special-general-meeting-of-the-shareholders-of-the-company-302717548.html

SOURCE Cellcom Israel Ltd.

FAQ

When is Cellcom (TASE: CEL) holding its Special General Meeting and what is the record date?

The Special General Meeting is set for April 23, 2026 at 3:00 p.m. Israel time. According to the company, the record date for voting is March 25, 2026, which determines shareholders entitled to vote at the meeting.

What are the main agenda items for Cellcom's (TASE: CEL) April 23, 2026 meeting?

The agenda requests approval of an updated officer compensation policy and the grant of equity compensation to CEO Eli Adadi. According to the company, full details are provided in the General Meeting Summons Report and Appendix A.

How can DTC or U.S. transfer agent shareholders vote in the Cellcom (TASE: CEL) Special General Meeting?

Shareholders holding shares via DTC or registered with the U.S. transfer agent can use the Electronic Voting System. According to the company, Section 5.10 of the summon statement provides step-by-step voting instructions for these shareholders.

What are the deadlines and document requirements to submit a written voting card for Cellcom (TASE: CEL)?

Written voting cards and required attachments must arrive at the company's offices no later than four hours before the meeting. According to the company, registered shareholders must include ID or incorporation documents and a certificate of ownership.

Can unregistered shareholders vote electronically for Cellcom's (TASE: CEL) April 23, 2026 meeting?

Yes. An unregistered shareholder may vote via the Electronic Voting System until six hours before the meeting assembly time. According to the company, the system also accepts delivery of the certificate of ownership electronically for voting validation.