InMode issues shareholder letter on special committee review of acquisition proposals

• InMode’s board special committee said it has started reviewing acquisition proposals submitted to the company.
• Two proposals under review: a bid led by Meir Shamir with the CEO, and Steel Partners’ offer to buy 100%.
• Committee said Steel Partners previously sought a majority stake, not a full buyout, which it said raises different issues for unaffiliated holders.
• Independent directors said the process is separate from management or any single shareholder, with authority to negotiate or reject proposals.
• Shareholders would vote if the committee recommends a deal and the board adopts it.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. InMode Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-003540), on July 20, 2026, and is solely responsible for the information contained therein.