Shufersal Ltd.

Board/Management Information • Dec 16, 2025

Immediate Report on Senior Officer Ceasing to Serve in Their Role

Company: SHUFERSAL LTD.

Registration Number: 520022732

To:

• Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form Number: T094 (Public)

Report Reference: 2025-01-100433

Date Filed on Magna: 16/12/2025

Immediate Report on a Senior Officer who Ceased to Serve in Their Position

Regulation 34(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

Explanation: According to Regulation 34(d) of the Securities Regulations (Periodic and Immediate Reports) 1970, the list of senior officers must be filed simultaneously via Form T097.

Reference Numbers of Previous Reports on the Matter: _________, _________, _________

• 1. First Name: Ornit
• 1. Corporation Name / Surname: Raz
• 1. Corporation Name / Surname and First Name in English: Raz Ornit Tzila
• 1. Type of Identification Number: Identity Card Number
• 1. Identification Number: 028590651
• 1. Citizenship / Country of Incorporation or Registration: Private person with Israeli citizenship
• 1. Country of Citizenship / Incorporation or Registration: _________

1. Position Ceased to Serve
Position: Independent Director
Explanation:
Fill in the following details if ceased to serve as a director appointed by a corporation that is itself a director.
Name of Corporation that Appointed the Individual: Type of Identification Number: Identification Number: Citizenship / Country of Incorporation or Registration: Country of Citizenship / Incorporation or Registration: 2. Date Ceased or Will Cease to Serve Date ceased or will cease to serve: 16/12/2025 Date of commencement of office: 21/10/2025
3. To the best of the company's knowledge, the departure: Is not associated with circumstances that should be brought to the attention of the holders of the company's securities.

Explanation: If the departure is associated with circumstances that should be disclosed to holders of the company's securities,

1. Manner of Termination of Office:

Resignation

please specify.

5. Position to be Continued in the Corporation:

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew

Explanation: Complete only if this is the resignation of an external director.

version. For more information, please review the legal disclaimer.

1. Did the company consider the director who resigned as an independent director?

2. Yes

3. Has the proportion of independent directors decreased below what is required by the regulation on board independence in the company's bylaws?
4. Not Relevant
5. Is there still a majority of independent directors despite the resignation?
6. Yes

11. Date and Time the Company First Became Aware of the Event or Matter:**

Date: 16/12/2025 Time: 13:30

Details of Authorized Signatories for the Corporation

#	Name	Position
1	Aharon Kaufman	Other (Deputy CEO, Legal Counsel)
2	Hila Cohen Weisberg	Corporate Secretary

Explanation: By Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (1970), ^a report under these regulations must be signed by the corporation's authorized signatories. The staff's position can be found on the Authority's website: Click here

Regarding Section 5 above, it is noted:

According to Ms. Raz's announcement, the above resignation is due to her recent appointment as CEO of Beit Eckstein, the CEO of the Special Populations Division at the Danal Group.

Reference numbers of previous documents on the subject (the reference does not constitute inclusion by reference):

2025-01-078642

The company's securities are listed for trading on the Tel Aviv Stock Exchange

Short name: Shufersal

Address: 30 Binyamin Shmotkin St., Rishon LeZion, 7536333

Telephone: 03-9481727, 03-9481515

Fax: 03-9480917

Email: hilac@shufersal.co.il

Company website: www.shufersal.co.il

Previous company names: Shuper-Sal Ltd.

Electronic reporter's name: Hila Cohen Weisberg | Position: Corporate Secretary

Address: 30 Shmotkin, Rishon LeZion, 7536333 | Phone: 052-3251001 | Fax: 03-9480917 | Email: hilac@shufersal.co.il

Date of last form structure update: 06/08/2024

No images were included in the original document.