Daniel Barel Increases Stake in REE Automotive Ltd. to 7.2% Following RSU Vesting

On May 15, 2026, Daniel Barel filed an amendment to his Schedule 13D reporting an increase in his beneficial ownership of Class A Ordinary Shares in REE Automotive Ltd. As of the event date of May 1, 2026, Barel beneficially owns 2,251,335 Class A Ordinary Shares, representing 7.2% of the class. This increase is primarily attributed to the quarterly vesting of equity awards, specifically an additional 430,107 Restricted Stock Units (RSUs) that have vested or will vest within 60 days of the reporting date. The filing also corrects a technical error regarding the original event date from December 2025 to January 22, 2026, due to the timing of shareholder approval for authorized capital increases. In addition to his Class A holdings, Barel holds 1,390,287 Class B Ordinary Shares, which carry 10 votes per share. Collectively, his total holdings represent approximately 27.3% of the Issuer's outstanding voting power. Barel currently serves as a reporting person with no present plans for major corporate changes but reserves the right to adjust his investment strategy.