Cellcom Israel Schedules Key Shareholder Meeting to Discuss Governance and Compensation Policies

Cellcom Israel Prepares for Crucial Shareholder Meeting on April 23, 2026

Cellcom Israel Ltd. is poised for a significant General Meeting scheduled for April 23, 2026, at 3:00 p.m. in Netanya, Israel. The company has arranged for an adjourned meeting on April 30, 2026, should the need arise. As the telecommunications market evolves, this meeting marks a pivotal moment for shareholders to deliberate on crucial governance issues impacting the company's strategic direction. The record date for shareholders eligible to participate is set for March 25, 2026, illustrating the company's commitment to engaging stakeholders in its governance processes.

Central to the meeting's agenda is the approval of an updated Compensation Policy for the company's officers, alongside a proposed equity compensation grant to CEO Eli Adadi. This initiative highlights Cellcom's approach to aligning management incentives with long-term shareholder interests, particularly in a competitive telecommunications landscape where strategic foresight is essential for sustained growth. By revising the compensation framework, Cellcom aims to enhance performance accountability while rewarding leadership that drives innovation and operational efficiency.

Shareholders play a vital role in shaping these policies, and Cellcom provides comprehensive resources to facilitate participation. Voting materials, including the summon statement and voting card, are accessible on the Magna distribution website and the Tel-Aviv Stock Exchange site. Shareholders can cast their votes electronically until six hours before the meeting, while options for written voting are also available. The mechanisms in place emphasize transparency and inclusivity, ensuring that all shareholders, regardless of their registration status, can voice their opinions on compensation matters that may significantly influence the company’s trajectory.

Additionally, the company encourages shareholders to familiarize themselves with the meeting documents, underscoring the importance of informed decision-making in corporate governance. For further assistance, Gadi Attias, CFO, and Elad Levy, Investor Relations Manager, remain available to address inquiries and provide support to stakeholders.

This General Meeting stands as a crucial opportunity for Cellcom Israel's shareholders to actively participate in decision-making that shapes the company's future, particularly as the telecommunications industry faces rapid changes and competitive pressures. Through this dialogue, Cellcom reaffirms its commitment to aligning corporate policies with stakeholder expectations, fostering an environment conducive to responsible and strategic management.