Steel Partners Urges InMode Shareholders to Vote AGAINST the Re-Election of Dr. Hadar Ron and AGAINST Extraordinary Special Committee Compensation at the July 30 Annual General Meeting

Believes Dr. Ron's Financial Ties and More Than Two Decades of Intertwined Business Interests with CEO Moshe Mizrahy Render Her Unable to Exert Independent Oversight

Special Committee Did Not Accomplish Anything and Now Seeks Pay Exceeding the Company's Own Compensation Policy

Shareholders Need to Send a Strong Message to the Board That They Must Engage with Potential Acquirers Other Than CEO Mizrahy

Steel Partners Holdings L.P. (together with its affiliates, “Steel”), a significant, long-standing shareholder of InMode Ltd. (“InMode” or the “Company”) (Nasdaq: INMD), today issued a letter to InMode shareholders urging them to vote AGAINST Proposal 1 and AGAINST Proposal 4 at the Company's July 30, 2026 Annual General Meeting. The full text of the letter is below.