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 version. For more information, please review the legal disclaimer.
FOX-WIZEL LTD
Registry Number: 512157603
To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T053 (Public) Transmitted via MAGNA: 21/08/2025 Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il Reference: 2025-01-062338
Immediate Report on an Event or Matter Deviating from the Corporation's Ordinary Business
Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970
Results of an issuance should be reported in T20 and not in this form.
Reporting on bond rating or corporation rating should be submitted via Form T125.
Report on: [ ] Delayed report submission
Nature of the Event:
Entering into an addendum to the agreement with MAX IT FINANCE LTD regarding the Dream Card VIP credit card club
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 version. For more information, please review the legal disclaimer.
- Following the company's immediate report dated July 8, 2025 (Reference: 2025-01- 050264) and as stated in Note 21b(8) to the consolidated financial statements included in the company's periodic report for 2024[1] and the immediate report dated November 4, 2021[2] (together: "the previous reports"), regarding the company's entry into an agreement and an addendum to the agreement with MAX IT FINANCE LTD and MAX IT CREDIT LTD (together: "MAX IT FINANCE LTD"), in connection with the Dream Card VIP credit card club, the company is honored to announce that on August 21, 2025, it entered into an addendum to the agreement, under which it was determined, among other things, that subject to the mechanisms set forth in the agreement and its addendum regarding the club's achievement of targets as detailed in the previous reports, if the agreement is extended, it will be extended until July 1, 2036 (instead of July 1, 2033). It was also determined that a one-time grant payment by MAX IT FINANCE LTD to the company in the amount of NIS 25 million, plus VAT and against a proper tax invoice, will be paid—half within 30 business days from the date of the addendum, and the balance (which will be linked to the index according to the mechanism in the agreement) will be paid in equal annual installments on January 1 of each of the years 2026-2036 (it is clarified that the balance will be paid to the company even if the agreement is not actually extended and/or is terminated early in accordance with the provisions of the agreement and its addenda). In this context, it should be noted that, in the company's assessment, the club is expected to meet the target for extending the agreement period. This assessment constitutes "forward-looking information" as defined in the Securities Law, 1968, as there is no certainty regarding its realization, and it is based on the information available to the company as of the report date.
[1] The periodic report for 2024 published on March 27, 2025, Reference: 2025-01-021166 [2] Reference: 2021-01-163071
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- The date and time the corporation first became aware of the event or matter: 21/08/2025 at 07:50.
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- If the report was delayed the reason for the delay: __________
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- On the date: __________ at __________ the impediment to report was removed.
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- The company is a shell company as defined in the stock exchange regulations.
Details of the authorized signatories on behalf of 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 version. For more information, please review the legal disclaimer.
| # |
Name |
Position |
| 1 |
Yudfat
Harel
Buchris |
Chairperson
of
the
Board |
|
|
____ |
| 2 |
Shahar
Rania |
Other |
|
|
Deputy
CEO
and
CFO |
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.
Reference numbers of previous documents on the subject (the mention does not constitute incorporation by reference):
The corporation's securities are listed for trading on the Tel Aviv Stock Exchange
Short name: FOX
Address: Hermon 6, Airport City, Ben Gurion Airport 70100 Phone: 03-9050100 Fax: 03-9050200
Email: [email protected] Company website: www.fox.co.il
Previous names of the reporting entity: WIZEL TEXTILE MARKETING LTD
Electronic reporter's name: Rania Shahar Position: Acting CEO and CFO Employer company name:
Address: Yael Rom 19, Petah Tikva 4906204 Phone: 03-9050267 Fax: 03-9050200 Email: [email protected]