Exhibit 99.1
Ituran Location and Control Ltd. Announces the Special General Meeting’s results
AZOUR, Israel – March 31, 2026 – Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced that on March 31, 2026, Ituran Location
and Control LTD held an Special General Meeting which approved the following:
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To approve the amendment to the Compensation Policy of the Company regarding the maximum Annual Cost of Base and Benefits of business managers in Company.
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The above was approved by 11,773,292 votes (99.50%). 58,610 votes opposed. with majority of "non interested" shareholders
in the approval of the amendment to the compensation policy.
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About Ituran
Ituran is a leader in the emerging mobility technology field, providing value-added location-based services, including a full suite of services for the connected-car. Ituran offers Stolen Vehicle
Recovery, fleet management as well as mobile asset location, management & control services for vehicles, cargo and personal security for the retail, insurance industry and car manufacturers. Ituran is the largest OEM telematics provider in
Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel-Aviv based DRIVE startup incubator to promote the development of smart mobility technology.
Ituran's subscriber base has been growing significantly since the Company's inception to over 2 .5 million subscribers using its location-based services with a market leading position in Israel
and Latin America. Established in 1995, Ituran has approximately 2,800 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, India, Canada and the United States.
For more information, please visit Ituran’s website, at: www.ituran.com
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International Investor Relations |
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Udi Mizrahi (udi_m@ituran.com)
VP Finance, Ituran
(Israel) +972 3 557 1348
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Ehud Helft/Gavriel Frohwein (ituran@gkir.com)
GK Investor Relations
(US) +1 646 688 3559
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