Early Warning Filing by The Edna Gareh Spousal Trust

Executive Summary

• The Edna Gareh Spousal Trust filed an early‑warning report after acquiring control of Revroy Enterprises Ltd., which holds approximately 48.3% (1,170,929 shares) of Senvest Capital Inc. following the death of Victor Mashaal.
• Control of Revroy transferred to the Trust on December 25 2025; prior to that the Trust held no beneficial interest in Senvest shares.
• The trustees indicated no immediate plans regarding voting or disposition of the shares but retain the ability to act on the holdings in the future.

Key Details

• Trigger Event: Death of Mr. Victor Mashaal on 2025‑12‑25 resulted in control of Revroy Enterprises Ltd. passing to the Edna Gareh Spousal Trust (a Québec testamentary trust).
• Ownership Impact: Revroy now owns 1,170,929 common shares of Senvest, representing ~48.3% of total outstanding shares.
• Trustees: Richard Mashaal, Frank Daniel, and George Malikotsis (acting by majority to determine voting of the controlled shares).
• Pre‑event Position: The Trust did not beneficially own or control any Senvest common shares immediately before the event.
• Post‑event Position: The Trust now exercises control over Revroy and, indirectly, the 48.3% shareholding in Senvest.
• Future Actions: The Trust has no current plans concerning items (a)–(k) of Item 5 of the report but may acquire additional shares or dispose of holdings at its discretion, subject to securities laws and applicable terms.
• Contact for Report: George Malikotsis – (514) 281‑8082; address: 1000 Sherbrooke Street West, Suite 2400, Montréal, Québec H3A 3G4.

Notable Quotes

(No direct quotes were provided in the release.)