Bazan Oil Refineries Ltd.

Capital/Financing Update • Aug 11, 2025

OIL REFINERIES LTD.

OIL REFINERIES LTD.

Registration Number: 520036658

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T126 (Public) Sent via MAGNA: 11/08/2025 Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il Reference: 2025-01-059236

Report on the Corporation's Liabilities by Maturity Dates

Regulations 9d and 38e to the Securities Regulations (Periodic and Immediate Reports), 1970

Reporting Period: 30/06 for the year Current Year 2025

Below is a detailed breakdown of the corporation's liabilities by maturity dates:

A. Bonds issued to the public by the reporting corporation and held by the public, excluding such bonds held by the parent company of the corporation, its controlling shareholder, companies controlled by any of them, or companies controlled by the corporation - based on the corporation's separate financial statements ("Solo" reports) (in thousands of NIS)

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	317,369	0	113,319	0	0	0	107,941	538,629
Second Year	0	342,607	0	0	0	0	0	93,216	435,823
Third Year	0	371,456	0	0	0	0	0	78,139	449,595
Fourth Year	0	437,262	0	0	0	0	0	59,029	496,291
Fifth Year and On	0	853,560	0	0	0	0	0	86,568	940,128
Total	0	2,322,254	0	113,319	0	0	0	424,893	2,860,466

B. Private bonds and non-bank credit, excluding bonds or credit provided by the parent company of the corporation, its controlling shareholder, companies controlled by any of them, or by the corporation - based on the corporation's separate financial statements ("Solo" reports) (in thousands of NIS)

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	0	0	0	0	0	0	0	0
Second Year	0	0	0	0	0	0	0	0	0
Third Year	0	0	0	0	0	0	0	0	0
Fourth Year	0	0	0	0	0	0	0	0	0
Fifth Year and On	0	0	0	0	0	0	0	0	0
Total	0	0	0	0	0	0	0	0	0

C. Bank credit from banks in Israel - based on the corporation's separate financial statements ("Solo" reports) (in thousands of NIS)

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	0	0	257,927	0	0	0	123,573	381,500
Second Year	0	0	0	270,371	0	0	0	104,314	374,685
Third Year	0	0	0	237,080	0	0	0	83,645	320,725
Fourth Year	0	0	0	174,858	0	0	0	68,517	243,375
Fifth Year and On	0	0	0	802,182	0	0	0	132,331	934,513
Total	0	0	0	1,742,418	0	0	0	512,380	2,254,798

D. Bank credit from banks abroad - based on the corporation's separate financial statements ("Solo" reports) (in thousands of NIS)

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	0	0	0	0	0	0	0	0
Second Year	0	0	0	0	0	0	0	0	0
Third Year	0	0	0	0	0	0	0	0	0
Fourth Year	0	0	0	0	0	0	0	0	0
Fifth Year and On	0	0	0	0	0	0	0	0	0
Total	0	0	0	0	0	0	0	0	0

E. Summary Table for Tables A-D, Total Bank Credit, Non-Bank Credit, and Bonds - based on the corporation's separate financial statements ("Solo" reports) (in thousands of NIS)

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	317,369	0	371,246	0	0	0	231,514	920,129
Second Year	0	342,607	0	270,371	0	0	0	197,530	810,508
Third Year	0	371,456	0	237,080	0	0	0	161,784	770,320
Fourth Year	0	437,262	0	174,858	0	0	0	127,546	739,666
Fifth Year and On	0	853,560	0	802,182	0	0	0	218,899	1,874,641
Total	0	2,322,254	0	1,855,737	0	0	0	937,273	5,115,264

F. Off-balance sheet credit exposure (for financial guarantees and credit commitments) - based on the corporation's separate financial statements ("Solo" reports) (in thousands of NIS)

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	0	0	0	0	0	0	0	0
Second Year	0	0	0	0	0	0	0	0	0
Third Year	0	0	0	0	0	0	0	0	0
Fourth Year	0	0	0	0	0	0	0	0	0
Fifth Year and On	0	0	0	0	0	0	0	0	0
One-time Commitment	0	0	0	0	0	0	0	0	0
Total	0	0	0	0	0	0	0	0	0

G. Off-balance sheet credit exposure (for financial guarantees and credit commitments) of all consolidated companies, excluding companies that are reporting corporations and excluding the data of the reporting corporation entered in Table F above (in thousands of NIS)

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	0	0	0	0	0	0	0	0
Second Year	0	0	0	0	0	0	0	0	0
Third Year	0	0	0	0	0	0	0	0	0
Fourth Year	0	0	0	0	0	0	0	0	0
Fifth Year and On	0	0	0	0	0	0	0	0	0
One-time Commitment	0	0	0	0	0	0	0	0	0
Total	0	0	0	0	0	0	0	0	0

H. Total balances of bank credit, non-bank credit, and bonds of all consolidated companies, excluding companies that are reporting corporations and excluding the data of the reporting corporation entered in Tables A-D above (in thousands of NIS)

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	942	61,016	0	0	0	0	2,165	64,123
Second Year	0	0	0	0	0	0	0	0	0
Third Year	0	0	0	0	0	0	0	0	0
Fourth Year	0	0	0	0	0	0	0	0	0
Fifth Year and On	0	0	0	0	0	0	0	0	0
Total	0	942	61,016	0	0	0	0	2,165	64,123

I. Balances of credit granted to the reporting corporation by the parent company or controlling shareholder and balances of bonds issued by the reporting corporation held by the parent company or controlling shareholder (in thousands of NIS):

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	0	0	0	0	0	0	0	0
Second Year	0	0	0	0	0	0	0	0	0
Third Year	0	0	0	0	0	0	0	0	0
Fourth Year	0	0	0	0	0	0	0	0	0
Fifth Year and On	0	0	0	0	0	0	0	0	0
Total	0	0	0	0	0	0	0	0	0

J. Balances of credit granted to the reporting corporation by companies controlled by the parent company or controlling shareholder and not controlled by the reporting corporation, and balances of bonds issued by the reporting corporation held by companies controlled by the parent company or controlling shareholder and not controlled by the reporting corporation (in thousands of NIS):

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	0	0	0	0	0	0	0	0
Second Year	0	0	0	0	0	0	0	0	0
Third Year	0	0	0	0	0	0	0	0	0
Fourth Year	0	0	0	0	0	0	0	0	0
Fifth Year and On	0	0	0	0	0	0	0	0	0
Total	0	0	0	0	0	0	0	0	0

K. Balances of credit granted to the reporting corporation by consolidated companies and balances of bonds issued by the reporting corporation held by consolidated companies (in thousands of NIS):

	NIS CPI Linked	NIS Unlinked	Euro	Dollar	___	___	Other	Gross Interest Payments (before tax)	Total by Years
First Year	0	0	0	5,783	0	0	0	371	6,154
Second Year	0	0	0	0	0	0	0	0	0
Third Year	0	0	0	0	0	0	0	0	0
Fourth Year	0	0	0	0	0	0	0	0	0
Fifth Year and On	0	0	0	0	0	0	0	0	0
Total	0	0	0	5,783	0	0	0	371	6,154

Details of the authorized signatories on behalf of the corporation:

#	Name	Position
1	Eli Tserfati	Other Head of Accounting Department

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the Authority's website: Click here.

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange

Short Name: OIL REFINERIES LTD.

Address: P.O. Box 4, Haifa 3100001 Phone: 04-8788135, 04-8788115 Fax: 073-2928115

Email: info@bazan.co.il Company Website: https://www.bazan.co.il/

Previous names of the reporting entity:

Electronic Signatory Name: Tserfati Eli Shami Position: Head of Accounting Employer Company Name:

Address: (Histadrut Ave.) P.O. Box 4, Haifa 3100001 Phone: 04-8788111 Fax: Email: tzeli@bazan.co.il

Form structure update date: 04/02/2025