Exhibit 99.1 PRESS RELEASE Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results Or Yehuda, Israel, March 13, 2024 – Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the fourth quarter and full year ended December 31, 2023. Summary Results for the Fourth Quarter 2023 (USD in millions, except per share da ...