X0202 SCHEDULE 13G/A 0001178913-26-000330 0001429390 XXXXXXXX LIVE 7 American Depositary Shares, each representing one Ordinary Share, NIS 1 par value 03/31/2026 0001045986 FORMULA SYSTEMS (1985) LTD. 346414105 Yahadut Canada 1 Street Or Yehuda L3 6037501 Rule 13d-1(c) Harel Insurance Investments & Financial Services Ltd. L3 0.00 913042.00 0.00 919456.00 919456.00 N 6.0 CO * With regard to the date of event that requires filing, see the explanatory note in Item 4. With regard to Rows (6), (8) and (9), please see Item 4. Row (11) is based on 15,332,667 Ordinary Shares issued and outstanding as of June 30, 2025 (as reported by the Issuer in Exhibit 99.1 to its Report on Form 6-K filed with the Securities and Exchange Commission on July 22, 2025). FORMULA SYSTEMS (1985) LTD. Yahadut Canada 1 Street, Or Yehuda 1, Israel, 603750 Harel Insurance Investments & Financial Services Ltd. 3 Aba Hillel Street, Ramat Gan 52118, Israel Israel Y Of the 919,456 Ordinary Shares reported in this Statement as beneficially owned by the Reporting Person, (i) 912,598 Ordinary Shares are held for members of the public through, among others, provident funds and/or mutual funds and/or pension funds and/or insurance policies and/or exchange traded funds, which are managed by subsidiaries of the Reporting Person, each of which subsidiaries operates under independent management and makes independent voting and investment decisions, (ii) 6,414 Ordinary Shares are held by third-party client accounts managed by a subsidiary of the Reporting Person as portfolio managers, which subsidiary operates under independent management and makes independent investment decisions and has no voting power in the securities held in such client accounts, and (iii) 444 Ordinary Shares are beneficially held for its own account. Consequently, this Statement shall not be construed as an admission by the Reporting Person that it is the beneficial owner of more than 444 Ordinary Shares covered by this Statement. See Row (11) of the cover page of the Reporting Person above. 0 See Row (6) of the cover page of the Reporting Person above and note in Item 4 above. 0 See Row (8) of the cover page of the Reporting Person above and note in Item 4 above Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, 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. Harel Insurance Investments & Financial Services Ltd. /s/ Alon Kaufman 05/04/2026