ORMAT TECHNOLOGIES, INC. — fact timeline

ORMAT TECHNOLOGIES, INC. shareholders approved Ratification of Appointment of Kesselman & Kesselman for 2025 at the 2026-12-31 meeting.

“Proposal 3 – Ratification of Appointment of Kesselman & Kesselman for 2025. The stockholders ratified the appointment of Kesselman & Kesselman, a member of PricewaterhouseCoopers International Limited, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. Votes For Votes Against Votes Abstained 51,202,458 92,147 83,935”

ORMAT TECHNOLOGIES, INC. shareholders approved Approval of the Compensation of our Named Executive Officers on an Advisory Basis.

“Proposal 2 – Approval of the Compensation of our Named Executive Officers on an Advisory Basis The stockholders approved, in a non-binding, advisory vote, the compensation paid to the Company’s named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes 47,012,094 3,103,710 55,778 1,206,958”

ORMAT TECHNOLOGIES, INC. shareholders approved Election of Directors.

“Proposal 1 - Election of Directors The stockholders elected the following eight individuals to the Board to serve as directors until the 2027 annual meeting of stockholders and until their successors have been duly elected and qualified or until the earlier of their death, resignation, retirement, disqualification or removal from office: Votes For Votes Against Votes Abstained Broker Non-Votes Isaac Angel 48,787,627 1,364,629 19,326 1,206,958 Ravit Barniv 49,900,416 251,992 19,174 1,206,958 Karin Corfee 49,796,002 357,102 18,478 1,206,958 David Granot 48,767,280 1,385,638 18,664 1,206,958 Michal Marom 47,481,759 2,670,000 19,823 1,206,958 Dafna Sharir 48,635,863 1,510,070 25,649 1,206,958 Stanley B. Stern 48,713,601 1,439,644 18,337 1,206,958 Byron G. Wong 49,896,718 255,572 19,292 1,206,958”

ORMAT TECHNOLOGIES, INC. reported the first quarter ended March 31, 2026 results: revenue 403.9, net income 44.1, EPS 0.71. Guidance reaffirmed.

“RESULTS Q1 2026 Q1 2025 Change (%) GAAP Measures Revenues ($ millions) Electricity 181.6 180.2 0.8 % Product 177.4 31.8 458.4 % Energy Storage 44.9 17.8 153.1 % Total Revenues 403.9 229.8 75.8 % Gross Profit 120.4 72.9 65.1 % Gross margin (%) Electricity 30.8 % 33.5 % Product 21.4 % 22.3 % Energy Storage & 59.1 % 30.6 % Gross margin (%) 29.8 % 31.7 %”

ORMAT TECHNOLOGIES, INC. issued convertible note to initial purchasers for $1 billion aggregate principal amount.

“into a Material Definitive Agreement Convertible Notes Indentures On March 20, 2026, Ormat Technologies, Inc. (the “Company”) completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the “Series”

ORMAT TECHNOLOGIES, INC. incurred convertible notes of $1 billion aggregate principal amount with U.S. Bank Trust Company, National Association, as trustee at 1.50% per year for Series A Notes; 0.00% for Series B Notes maturing March 15, 2031.

“On March 20, 2026, Ormat Technologies, Inc. (the "Company") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the "Series A Notes") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the "Series B Notes" and, together with the Series A Notes, the "Notes"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.”

ORMAT TECHNOLOGIES, INC. entered into Series B Notes Indenture with U.S. Bank Trust Company, National Association valued at $1 billion aggregate principal amount of convertible senior notes (effective 2026-03-20).

“The Series B Notes were issued pursuant to an indenture, dated March 20, 2026 (the "Series B Notes Indenture" and, together with the Series A Indenture, the "Indentures"), between the Company and the Trustee.”

ORMAT TECHNOLOGIES, INC. entered into Series A Notes Indenture with U.S. Bank Trust Company, National Association valued at $1 billion aggregate principal amount of convertible senior notes (effective 2026-03-20).

“On March 20, 2026, Ormat Technologies, Inc. (the "Company") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes”

Mike Nikkel departed as Director at ORMAT TECHNOLOGIES, INC..

“On March 11, 2025, Mike Nikkel, a member of the board of directors (the “Board”) of Ormat Technologies, Inc. (the “Company”), informed the Board that he would not stand for reelection at the 2025 annual meeting of stockholders (the “Annual Meeting”).”

ORMAT TECHNOLOGIES, INC.: Amendment to certificate of incorporation to limit liability of certain officers.

“The Company’s stockholders approved the Proposed Amendment at the Annual Meeting, which became effective upon the filing of the Fifth Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware.”

ORMAT TECHNOLOGIES, INC. shareholders approved Amendment and Restatement of the Company's 2018 Incentive Compensation Plan to Increase the Total Number of Shares Reserved Thereunder.

“Proposal 5 – Amendment and Restatement of the Company ’ s 2018 Incentive Compensation Plan to Increase the Total Number of Shares Reserved Thereunder. The stockholders approved an amendment and restatement of the Company’s 2018 Incentive Compensation Plan to increase the total number of shares reserved thereunder. Votes For Votes Against Votes Abstained Broker Non-Votes 40,700,111 13,336,561 24,060 860,147”

ORMAT TECHNOLOGIES, INC. shareholders approved Approval of Amendment to the Company's Fourth Amended and Restated Certificate of Incorporation to Limit the Liability of Certain Officers.

“Proposal 4 – Approval of Amendment to the Company ’ s Fourth Amended and Restated Certificate of Incorporation to Limit the Liability of Certain Officers. The stockholders approved an amendment to the Certificate of Incorporation to limit the liability of certain officers. Votes For Votes Against Votes Abstained Broker Non-Votes 48,395,243 5,639,460 26,029 860,147”

ORMAT TECHNOLOGIES, INC. shareholders approved Ratification of Appointment of Kesselman & Kesselman for 2024 at the 2024-12-31 meeting.

“Proposal 3 – Ratification of Appointment of Kesselman & Kesselman for 2024. The stockholders ratified the appointment of Kesselman & Kesselman, a member of PricewaterhouseCoopers International Limited, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. Votes For Votes Against Votes Abstained 52,210,208 2,225,671 485,000”

ORMAT TECHNOLOGIES, INC. shareholders approved Approval of the Compensation of our Named Executive Officers on an Advisory Basis.

“Proposal 2 – Approval of the Compensation of our Named Executive Officers on an Advisory Basis The stockholders approved, in a non-binding, advisory vote, the compensation paid to the Company’s named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes 46,240,931 7,790,175 29,626 860,147”

ORMAT TECHNOLOGIES, INC. shareholders approved Election of Directors.

“Proposal 1 - Election of Directors The stockholders elected the following nine individuals to the Board to serve as directors until the 2025 annual meeting of stockholders and until their successors have been duly elected and qualified or until the earlier of their death, resignation, retirement, disqualification or removal from office:”

ORMAT TECHNOLOGIES, INC. reported first quarter ended March 31, 2024 results: revenue $224.2 million, net income $38.6 million, EPS $0.64. Guidance reaffirmed.

“Net income attributable to the Company’s stockholders for the first quarter was $38.6 million, an increase of 32.9% compared to last year. Diluted EPS for the first quarter was $0.64, an increase of 25.5% compared to the prior year period.”

ORMAT TECHNOLOGIES, INC. reported fourth quarter and year-end December 31, 2023 results: revenue $241.3 million for Q4 2023; $829.4 million for FY 2023, net income $35.7 million for Q4 2023; $124.4 million for FY 2023, EPS $0.59 diluted EPS for Q4 2023; $2.08 diluted EPS for FY 2023.

“On February 21, 2024 Ormat Technologies, Inc. (the "Registrant") reported its earnings for its fourth fiscal quarter and year-end December 31, 2023.”

ORMAT TECHNOLOGIES, INC. entered into Membership Interest Purchase Agreement with Enel Green Power North America, Inc. and Enel Kansas, LLC valued at $271 million (effective 2023-10-23).

“On October 23, 2023, Snow Wolf Holdings LLC (“Purchaser”), a wholly-owned subsidiary of Ormat Technologies, Inc. (the “Company”), entered into a Membership Interest Purchase Agreement (the “MIPA”) with Enel Green Power North America, Inc. and Enel Kansas, LLC (“Sellers"), and with Enel Geothermal, LLC, EGP Nevada Power, LLC, Stillwater Woods Hill Holdings, LLC, Enel Surprise Valley, LLC, and Enel Cove Fort II, LLC (the “Acquired Companies”), subsidiaries of Enel SpA (ENEL.MI) (“Enel”), pursuant to which Purchaser has agreed to purchase from Sellers one hundred percent (100%) of the outstanding membership interests in the Acquired Companies, other than certain membership interests of Stillwater Woods Hill Holdings, LLC that are held by a third party pursuant to a previously existing tax equity financing undertaken by the Sellers and a third party in relation to that Acquired Company.”

ORMAT TECHNOLOGIES, INC. updated its second quarter ended June 30, 2023 guidance (reaffirmed).

“On August 2, 2023 Ormat Technologies, Inc. (the “Registrant”) reported its earnings for its second fiscal quarter ended June 30, 2023. A copy of the Registrant's press release containing this information is furnished as Exhibit 99.1 to this report on Form 8-K and is incorporated herein by reference.”

ORMAT TECHNOLOGIES, INC. shareholders approved Approval of the frequency of the advisory stockholder vote on the compensation of the Company’s named executive officers in a non-binding, advisory vote at the 2023-05-09 meeting.

“Proposal 4 - Approval of the frequency of the advisory stockholder vote on the compensation of the Company ’ s named executive officers in a non-binding, advisory vote The stockholders voted as follows in a non-binding, advisory vote, the frequency of the advisory stockholder vote on the compensation of the Company’s executive officers: One Year Two Years Three Years Votes Abstained Broker Non-Votes 47,240,433 5,233 1,027,907 219,0875 3,100,307”

ORMAT TECHNOLOGIES, INC. shareholders approved Approval of the compensation of the Company’s named executive officers in a non-binding, advisory vote at the 2023-05-09 meeting.

“Proposal 3 - Approval of the compensation of the Company ’ s named executive officers in a non-binding, advisory vote The stockholders approved, in a non-binding, advisory vote, the compensation paid to the Company’s named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes 50,214,564 2,381,077 58,237 910,876”

ORMAT TECHNOLOGIES, INC. shareholders approved Ratification of appointment of Kesselman & Kesselman for 2023 at the 2023-05-09 meeting.

“Proposal 2 - Ratification of appointment of Kesselman & Kesselman for 2023 The stockholders ratified the appointment of Kesselman & Kesselman, a member of PricewaterhouseCoopers International Limited, as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. Votes For Votes Against Votes Abstained 51,682,495 1,371,066 54,817”

ORMAT TECHNOLOGIES, INC. shareholders approved Election of nine directors at the 2023-05-09 meeting.

“Proposal 1 - Election of directors The stockholders elected the following nine individuals to the Company’s board of directors (the “Board”) to serve as directors until the 2024 Annual Meeting of Stockholders and until their successors have been duly elected and qualified or until their earlier death, resignation, retirement, disqualification or removal from office: Votes For Votes Against Votes Abstained Broker Non-Votes Isaac Angel 51,166,968 1,469,108 17,801 910,877 Karin Corfee 52,527,234 110,742 15,902 910,876 David Granot 46,302,493 6,332,826 18,559 910,876 Michal Marom 45,396,468 7,158,744 18,666 990,876 Mike Nikkel 52,303,218 332,576 18,084 910,876 Dafna Sharir 51,314,124 1,323,944 15,810 910,876 Stanley B. Stern 47,265,988 5,369,165 18,724 910,877 Hidetake Takahashi 52,239,562 397,728 16,521 910,943 Byron G. Wong 52,370,740 266,138 16,932 910,944”

ORMAT TECHNOLOGIES, INC. reported first quarter ended March 31, 2023 results: revenue 185.2, net income 29.0, EPS 0.51. Guidance initiated.

“Total Revenues 185.2 183.7 0.8 % Gross margin (%) Electricity 44.4 % 41.8 % Product 6.9 % 6.9 % Energy Storage & Management Services (3.6 ) % 13.5 % Gross margin (%) 41.1 % 38.1 % Operating income 53.2 45.1 17.9 % Net income attributable to the Company’s stockholders 29.0 18.4 57.5 % Diluted EPS ($) 0.51 0.33 54.5 %”

ORMAT TECHNOLOGIES, INC. entered into Underwriting Agreement with Goldman Sachs & Co. LLC valued at 3,600,000 shares at $82.60 per share with an option for up to an additional 540,000 shares (effective 2023-03-14).

“On March 14, 2023, Ormat Technologies, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, as the sole underwriter (the “Underwriter”), in connection with a public offering (the “Offering”), pursuant to which the Company agreed to issue and sell 3,600,000 shares (the “Base Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and the Underwriter agreed to purchase the Base Shares at a price of $82.60 per share.”

Shlomi Argas changed role as President and Head of Operations and Products at ORMAT TECHNOLOGIES, INC..

“On February 22, 2023, Shlomi Argas notified Ormat Technologies, Inc. (the “Company”) of his intent to transition out of his role as President and Head of Operations and Products of the Company, effective July 1, 2023.”

ORMAT TECHNOLOGIES, INC. updated its full year 2023 guidance (initiated).

“Ormat announces full year 2023 Adjusted EBITDA outlook of $480 to $510 million, an increase of up to 17% over 2022”

ORMAT TECHNOLOGIES, INC. reported the fiscal year ended December 31, 2022 results: revenue $734.1 MILLION, net income $65.8 million, EPS $1.17. Guidance initiated.

“REPORTS FOURTH QUARTER AND YEAR-END 2022 FINANCIAL RESULTS 2023 OUTLOOK REFLECTS HIGHEST TOTAL REVENUE EVER AND RECORD ADJUSTED EBITDA GROWTH HIGHLIGHTS ● TOTAL REVENUES OF $734.1 MILLION FOR FULL YEAR 2022 INCREASED BY 10.7% YEAR-OVER-YEAR, DRIVEN BY GROWTH IN ALL THREE OPERATING SEGMENTS ● OPERATING INCOME INCREASED BY 10.7% FOR THE FOURTH QUARTER AND 8.3% FOR”

ORMAT TECHNOLOGIES, INC. reported the fourth fiscal quarter ended December 31, 2022 results: revenue 205.5, net income $18.0 million, EPS $0.32. Guidance initiated.

“Electricity 165.2 164.3 0.6 % 631.7 585.8 7.8 % Product 32.2 20.3 58.2 % 71.4 46.9 52.2 % Energy Storage & Management Services 8.1 6.4 27.3 % 31.0 30.4 2.1 % Total Revenues 205.5 191.0 7.6 % 734.1 663.1 10.7 % Gross margin (%) Electricity 43.5 % 44.1 % 39.8 % 42.5 % Product 22.8 % 10.6 % 15.3 % 11.8 % Energy Storage & Management Services 11.7 % 16.4 % 21.0”

ORMAT TECHNOLOGIES, INC. entered into Underwriting Agreement with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters listed therein and ORIX Corporation (effective 2022-11-16).

“On November 16, 2022, Ormat Technologies, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters listed therein (the “Underwriters”) and ORIX Corporation (“ORIX”) in connection with a public underwritten offering (the “Offering”), pursuant to which ORIX agreed to sell 3,750,000 shares (the “Underwritten Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at an offering price of $90.00 per share.”

ORMAT TECHNOLOGIES, INC. reported financial results for third quarter ended September 30, 2022.

“On November 2, 2022 Ormat Technologies, Inc. (the “Registrant”) reported its earnings for its third fiscal quarter ended September 30, 2022. A copy of the Registrant's press release containing this information is furnished as Exhibit 99.1 to this report on Form 8-K and is incorporated herein by reference.”

Jessica Woelfel was appointed as General Counsel and Chief Compliance Officer at ORMAT TECHNOLOGIES, INC..

“Jessica Woelfel, Interim General Counsel and Chief Compliance Officer of the Company, was appointed to serve permanently as General Counsel and Chief Compliance Officer, effective immediately.”

Hezi Kattan departed as General Counsel at ORMAT TECHNOLOGIES, INC..

“On January 24, 2022, Ormat Technologies, Inc. (the “Company”), and Hezi Kattan, General Counsel of the Company, agreed that he would step down from his position as General Counsel.”