ORMAT TECHNOLOGIES, INC.

Our common stock has traded on the NYSE under the symbol “ORA” since November 11, 2004. Prior to November 11, 2004, there was no public market for our common stock. Effective on February 10, 2015, our common stock also began trading on the TASE under the same symbol.

Record Holders

As of February 25, 2026, there were 14 record holders of our common stock, including Cede & Co., the nominee of the Depository Trust Company. The number of record holders may not be representative of the number of beneficial owners of our common stock, whose shares are held in street name by banks, brokers and other nominees.

Dividend Policy

We have adopted a dividend policy pursuant to which we currently expect to distribute at least 20% of our annual profits available for distribution by way of quarterly dividends. In determining whether there are profits available for distribution, our Board of Directors will take into account our business plan and current and expected obligations, and no distribution will be made that in the judgment of our Board would prevent us from meeting such business plan or obligations.

Stock Performance Graph

The following performance graph represents the cumulative total shareholder return for the period December 31, 2020 through December 31, 2025 for our common stock, compared to the Standard and Poor’s Composite 500 Index, S&P Global Clean Energy Index and PBW - Invesco WilderHill Clean Energy ETF. We have also provided the data in the format of a chart under the graph for ease of reference. The data assumes that $100 was invested at the market close on December 31, 2020 in our common stock, the Standard and Poor’s Composite 500 Index, the S&P Global Clean Energy Index and the PBW - Invesco WilderHill Clean Energy ETF, and assumes reinvestments of dividends, if any. The stock price performance on this graph is not necessarily indicative of future performance. On February 25, 2026, the closing price of our common stock as reported on the NYSE was $117.06 per share.

Comparison of Cumulative Returns (%) for the Period December 31, 2020 through December 31, 2025

Equity Compensation Plan Information

For information on our equity compensation plan, see “Part III, Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters”.

Issuer Purchases of Equity Securities

None.

Sales of Unregistered Equity Securities

None.