Energix Renewable Energies Ltd.

Management Reports • Dec 24, 2025

2025-12-24

Energix Renewable Energies Ltd. (the Company)

Ramat Gan, December 24, 2025

To: Israel Securities Authoritywww.isa.gov.il To: Tel Aviv Stock Exchange Ltd.www.tase.co.il Subject: Examining the possibility of raising capital from the public

The Company is honored to announce that it is examining the possibility of raising capital from the public by way of publishing a shelf offering report, and in this framework, wishes to update as follows:

1.

As part of the shelf offering report, it is intended to offer to the public, by way of a uniform offering¹, via a tender on the unit price, ordinary shares of NIS 0.01 par value each of the Company (hereinafter: the Shares) together with series 4 warrants, exercisable into shares, which will be issued for the rst time and listed for trading on the Tel Aviv Stock Exchange Ltd. (hereinafter: the Warrants and the Stock Exchange, respectively). The Warrants shall be granted without consideration, all pursuant to the Company's shelf prospectus published on May 20, 2025, dated May 21, 2025.

The Company intends to issue approximately 20,000,000 shares and approximately 20,000,000 warrants, with each unit including 100 shares and 100 warrants, without setting a minimum price per unit in the institutional tender.

The warrants (if offered) will be exercisable until September 30, 2026 (or a date close to it, as may be set in the shelf offering report, if published), for an exercise supplement of ILS 20 per warrant (not linked to any index and subject to adjustments). The value of each warrant as of the date of this report according to the B&S formula stands at approximately ILS 1.61².

The Company is preparing to conduct tomorrow, December 25, 2025, a tender for classied investors³, without a minimum price and with a pre-commitment fee of 1.8% of the total consideration to be received for the units with respect to which the classied investors committed to submit orders in the public tender. This will be calculated at the minimum price per unit, as detailed in the shelf offering report to be published by the Company to the public in connection with the offering, if and as published.

The controlling shareholder of the Company, Alony Hetz Properties and Investments Ltd., has notied the Company of its intention to submit order(s) in the aforementioned tender to purchase at least 5,000,000 shares⁴.

Energix Renewable Energies Ltd. / Atrium Tower, 2 Jabotinsky, Ramat Gan 5250501 / Tel. 073-3739224 / www.energix-group.com / info@energix-group.com

¹ As dened in the Securities Law, 1968, and in the Securities Regulations (Manner of Offering Securities to the Public), 2007 (hereinafter: the Offering Regulations).

² The value of each warrant was calculated based on the following assumptions: underlying asset price ILS 17.80, weekly volatility 5.05%, risk-free interest rate 4.1%, exercise price ILS 20.

³ As dened in the Offering Regulations.

⁴ It is claried that this is a notice of intention and not a legal commitment to place such an order; that is, the aforementioned intention may not actually materialize or may be carried out under different conditions than those mentioned above.

2024-06-09

2.

In light of the above, considering the timing of the capital raising which is close to the end of 2025 and for the purpose of completing the disclosure, the company is pleased to update, beyond what is required, that in view of the impact of the decline in relevant exchange rates for the company's activities (USD/NIS and PLN/NIS), low wind quality in Poland, and certain delays in connecting company facilities in the US and Israel, the company estimates that its total revenues and project EBITDA for 2025 will be lower than the lower bound of the company's forecasts for 2025 by no more than 5%. It is claried that the company's estimate regarding its business results for 2025 constitutes forward-looking information as dened in the Israeli Securities Law, 1968, based on information available to the company as of the reporting date, while the year 2025 has not yet ended, and this information is subject to change depending on the scope and price of electricity production at the company's facilities during the remaining days of the year.

For the avoidance of doubt, it is claried that as of the date of this immediate report, there is no certainty that the aforementioned issuance will indeed take place. It is emphasized that the mere conduct of a tender for classied investors under the conditions above, as well as the actual issuance, its scope, timing, and additional terms as will be detailed in the shelf offering report to be published by the company (if and as published), have not yet been determined, and these are subject to the company's discretion and the decision of the company's board of directors, and are conditioned, among other things, on the existence of suitable market conditions and the receipt of all required approvals by law, including approval of the competent corporate organs and the approval of the stock exchange for listing the securities for trading, none of which has yet been received as of the date of this report.

Nothing herein shall constitute an indication or create any commitment by the company to carry out a securities issuance, in whole or in part.

This report does not constitute a public offer to purchase the company's securities and no securities of the company should be purchased or the purchase of the company's securities should be committed to under this report.

Respectfully,

Energix - Renewable Energies Ltd.

By: Adv. Asa Levinger, CEO

Dafna Raznik, Chief Legal Ocer

Energix Renewable Energies Ltd. / Atrium Tower, 2 Jabotinsky St. Ramat-Gan 5250501 / Tel: 073-3739224 / www.energix-group.com / info@energix-group.com