Ituran Location and Control Ltd. has announced the results of its annual general meeting held on November 12, 2026. This event is significant as it reflects the company's ongoing commitment to governance and transparency, which are crucial in today's competitive market.

During the meeting, shareholders approved the reappointment of the firm Fahn Kanne & Co. as the company’s independent auditors for the year ending December 31, 2026. This decision received overwhelming support, with 94.80% of votes in favor and only 593,976 votes opposed.

Additionally, shareholders elected several directors to serve in Class B for an additional term until the third succeeding annual general meeting. Mr. Nir Sheratzky was approved with 90.62% of votes, Mr. Yigal Shani with 69.75%, and Mr. Yehuda Kahane with 70.22% approval. Furthermore, Mr. Israel Baron was elected as an External Director for an additional three-year term starting December 21, 2026, with 89.25% of votes in favor.

Ituran Location and Control Ltd. operates in the wholesale-electronic parts and equipment sector, specifically focusing on mobility technology. The company provides a range of location-based services, including stolen vehicle recovery and fleet management, catering to various industries such as retail and insurance. With over 2.5 million subscribers, Ituran has established a strong market presence in Israel and Latin America.

The results from this meeting highlight Ituran's dedication to maintaining effective governance practices, which are essential for sustaining investor confidence and ensuring continued growth in the competitive mobility technology market. The filing does not specify what happens next.