Energix Renewable Energies Ltd.

Management Reports • Dec 25, 2025

2025-12-24

Energix Renewable Energies Ltd. (the Company)

Ramat Gan, December 24, 2025

To: To:

Israel Securities Authority Tel Aviv Stock Exchange Ltd.

www.isa.gov.il www.tase.co.il

Re: Examination of the possibility of raising capital from the public

The Company is honored to inform that it is examining the possibility of raising capital from the public by publishing a shelf offering report and in this framework provides the following update:

1. As part of the shelf offering report, it is intended to offer to the public, by way of a uniform offer¹, via a tender on the unit price, ordinary shares of NIS 0.01 par value each of the Company (hereinafter: the Shares) together with warrants (Series 4), exercisable for shares, that 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, as applicable) (the warrants will be granted free of charge), all pursuant to the Company's shelf prospectus published on May 20, 2025, dated May 21, 2025.

The Company intends to issue approx. 20,000,000 shares and approx. 20,000,000 warrants where each unit will include 100 shares and 100 warrants, without a minimum price per unit in the institutional tender.

The warrants (if offered) will be exercisable until September 30, 2026 (or a nearby date as set in the shelf offering report, if published), in consideration for an exercise premium of NIS 20 for each warrant (not linked to any index and subject to adjustments). The value of each warrant as of this report date, according to the B&S formula, stands at approx. NIS 1.61-1.64².

The Company is preparing to hold tomorrow, December 25, 2025, a tender for classied investors³, without a minimum price and with an early commitment fee of 1.8% of the total consideration received for the units for which the classied investors have committed to submit orders in the public tender, calculated according to the minimum price per unit as will be specied in the shelf offering report to be published by the Company to the public in connection with the offering, if and as published.

The Company's controlling shareholder, Alony Hetz Properties and Investments Ltd., has notied the Company of its intention to submit order(s) in the aforementioned tender, for the purchase of 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 the Securities Regulations (Manner of Offering Securities to the Public), 2007 (hereinafter: the Offering Manner Regulations).

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

³ As dened in the Offering Manner Regulations.

⁴ It is claried that this is merely a notice of intent and not a legal obligation to submit such an order, that is, the stated intention may not be realized in practice or may be realized under different terms than those stated above.

2024-06-10

2.

In light of the aforementioned, and in consideration of the timing of the capital raising, which is close to the end of 2025, and for the purpose of completing disclosure, the company is pleased to update, beyond what is required, that in light of the impact of the decrease in relevant exchange rates for the company's operations (USD-ILS and PLN-ILS), poor wind quality in Poland, and certain delays in connecting the company's facilities in the USA and Israel, the company estimates that its total revenues and project EBITDA for 2025 will be lower than the lower end of the company's 2025 forecasts by a rate not exceeding 5%. It should be claried that the company's estimate regarding its 2025 business results is forward-looking information as dened in the Securities Law, 1968, based on information in the company's possession at the time of this report, while 2025 has not yet ended, and this information is subject to change depending on the volume and price of electricity produced 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 offering will actually be carried out. It is emphasized that the execution of a tender for classied investors under the above terms, as well as the execution of the offering, its scope, timing, and other terms as will be detailed in the shelf prospectus report that the company will publish (if and to the extent it is published), have not yet been determined, and are subject to the company's discretion and the decision of the company's board of directors, and are conditional, among other things, on the availability of appropriate market conditions and obtaining all required approvals by law, including approval of the competent organs in the company and the approval of the stock exchange for the listing of the securities, which as of the date of this report have not yet been received.

Nothing stated above shall be considered an indication or create any obligation on the part of the company to carry out a securities offering, in whole or in part.

This report does not constitute an offer to the public to purchase the company's securities, and no person should purchase or commit to purchase the company's securities on the basis of this report.

Respectfully,

Energix - Renewable Energies Ltd.

By: Asa Levinger, CEO

Dafna Reznik, Chief Legal Ocer

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