Form 3 Filing for Ami Shafran

Ami Shafran, a director at GILAT SATELLITE NETWORKS LTD, has filed a Form 3 to report beneficial ownership of securities. This filing was necessitated by Shafran becoming subject to Section 16 reporting requirements. The filing details stock options granted to Shafran, which vest in twelve equal quarterly installments starting August 9, 2024, contingent upon continued service. These options are exercisable on a net exercise basis and have an exercise price of $5.85, with an expiration date of May 9, 2030. The filing also includes a Power of Attorney document, appointing Oppenheimer Opco Israel Ltd. as attorney-in-fact to execute and submit necessary Section 16 filings on Shafran's behalf. Shafran has granted Oppenheimer broad authority to act in this capacity, with the understanding that responsibility for Section 16 compliance remains with Shafran. Shafran agrees to provide all necessary information and indemnifies the company and Oppenheimer against potential losses related to inaccurate information.