RNS Number : 1303S MTI Wireless Edge Limited 09 February 2026 9 February 2026 MTI Wireless Edge Ltd ("MTI" or the "Group") Acquisition of Remaining Interest in Mottech Parkland (Australian Subsidiary) MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that its subsidiary, Mottech Water Solutions Ltd. ("Mottech"), has acquired the remaining 50% interest in its Australian subsidiary, Mottech Parkland. Following this transaction, Mottech Parkland is a wholly-owned subsidiary of the Group. The consideration paid for this transaction was AUD 0.55m (approximately US$0.38m). MTI's CEO, Moni Borovitz, commented: "Australia accounted for approximately 10% of Mottech's revenue in 2025 and represents an important and growing market. Given the local climate, effective water management is essential, and the Australian irrigation automation market is projected to reach US$743 million by 2030, via a compound annual growth rate of 22.5%*. We believe that this is an opportune time to take full ownership of Mottech Parkland and more actively pursue opportunities to expand the business in a fast-growing market." (*) Grandview Horizon, Australia Irrigation Automation Market Size & Outlook, 2025-2030. For further information please contact: MTI Wireless Edge Ltd Moni Borovitz, CEO +972 3 900 8900 http://www.mtiwirelessedge.com Allenby Capital Limited (Nomad and Joint Broker) Nick Naylor/Alex Brearley/Piers Shimwell (Corporate Finance) Tony Quirke /Amrit Nahal (Sales and Corporate Broking) +44 20 3328 5656 Shore Capital (Joint Broker) Toby Gibbs/George Payne (Corporate Advisory) Fiona Conroy (Corporate Broking) +44 20 7408 4090 Novella (Financial PR) Tim Robertson/Aeliya Bilgrami +44 20 3151 7008 About MTI Wireless Edge Ltd. ("MTI") Headquartered in Israel, MTI is a technology group focused on comprehensive communication and radio frequency solutions across multiple sectors through three core divisions: Antenna division MTI is a world leader in the design, development and production of high quality, state-of-the-art, and cost-effective antenna solutions including Smart Antennas, MIMO Antennas and Dual Polarity Antennas for wireless applications. MTI supplies antennas for both military and commercial markets from 100 KHz to 174 GHz. Internationally recognized as a producer of commercial off-the-Shelf and custom-developed antenna solutions in a broad frequency range, MTI addresses both commercial and military applications. MTI supplies directional and omnidirectional antennas for outdoor and indoor deployments, including smart antennas for 5G backhaul, Broadband access, public safety, RFID, base station and terminals for the utility market. Military applications include a wide range of broadband, tactical and specialized communication antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide. Water Control & Management division Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI provides high-end remote control and monitoring solutions for water and irrigation applications based on Motorola's IRRInet state-of-the-art control, monitoring and communication technologies. As Motorola's global prime-distributor Mottech serves its customers worldwide through its international subsidiaries and a global network of local distributors and representatives. With over 25 years of experience in providing customers with irrigation remote control and management, Mottech's solutions ensure constant, reliable and accurate water usage, increase crops quality and yield while reducing operational and maintenance costs providing fast ROI while helping sustain the environment. Mottech's activities are focused in the market segments of agriculture, water distribution, municipal and commercial landscape as well as wastewater and storm-water reuse. Distribution & Professional Consulting Services division Via its subsidiary, MTI Summit Electronics Ltd., MTI offers consulting, representation and marketing services to foreign companies in the field of RF and Microwave solutions and applications including engineering services (including design and integration) in the field of aerostat systems and the ongoing operation of Platform subsystems, SIGINT, RADAR, communication and observation systems which is performed by the Company. It also specializes in the development, manufacture and integration of communication systems and advanced monitoring and control systems for the Government and defence industry market. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. 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