Fox-Wizel Ltd.

Notice of Dividend Amount • Aug 21, 2025

FOX-WIZEL LTD

FOX-WIZEL LTD

Registration Number: 512157603

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T081 (Public) Sent via MAGNA: 21/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-062340

Immediate Report on Cash Dividend Distribution for Securities

Regulation 37(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

• 1. We hereby report that on the date 21/08/2025, it was decided to pay a dividend.
• 1. Record date (ex-date): 11/09/2025

Payment date: 25/09/2025

• 1. Payment details:
• Dividend distributed from an Israeli resident company (for the composition of the dividend sources and tax rates, see section 7A)
• Dividend distributed by a Real Estate Investment Trust (for the composition of the dividend sources and tax rates, see section 7C)

Eligible Security Number	Security Name	Dividend Amount per Security	Dividend Amount Currency	Payment Currency	Representative Rate for Payment Date	Individual Tax %	Corporate Tax %
1087022	FOX WIZEL LTD	2.4375245	ILS	ILS	___	25.0000	0

Dividend distributed from a foreign resident company (tax rates see section 7B)

Please note: The dividend amount to be paid must be specified with up to 7 decimal places when the dividend currency is ILS, and up to 5 decimal places if the dividend currency is another currency.

2.4375245

• 1. The total amount of dividend to be paid is: 33,797,835 ILS ________.
• 1. The remaining profits of the corporation as defined in section 302 of the Companies Law, 1999, after the distribution subject to this report, are: 922,975,664 ILS ________.
• 1. Procedure for approving the dividend distribution:

The above distribution is not subject to court approval according to section 303 of the Companies Law: No

The final dividend amount per share is subject to changes due to possible changes in share capital if convertible securities are exercised.

The final dividend amount per share can be updated up to 2 trading days before the record date.

1. The withholding tax rates listed below are for the purpose of withholding tax by TASE members.

7A. Composition of dividend sources distributed from an Israeli resident company from shares and financial instruments, excluding REIT funds.

	% of Dividend	Individuals	Companies	Foreign Residents
Taxable income for corporate tax (1)	100	25%	0%	25%
Income originating overseas (2)	0	25%	23%	25%
Income from approved/preferred enterprise (3)	0	15%	15%	15%
Income from Irish privileged enterprise until 2013 (4)	0	15%	15%	4%
Income from Irish privileged enterprise from 2014 (5)	0	20%	20%	4%
Preferred income	0	20%	0%	20%
Income from approved tourism/agricultural enterprise (6)	0	20%	20%	20%
Income from approved/preferred enterprise that submitted a waiver notice (7)	0	15%	0%	15%
classified Distribution as capital gain	0	25%	23%	0%
Distribution by Participating unit	0	0	0	0
Other	0	0	0.00	0

Explanation: (1) Taxable income for corporate tax - income from profit distribution or dividend originating from income produced or accrued in Israel, received directly or indirectly from another entity subject to corporate tax. (2) Income originating overseas is income produced or accrued abroad and not taxed in Israel. (3) Including income from a preferred tourism enterprise with the selection/operation year up to 2013. (4) Irish privileged enterprise with selection year up to 2013. (5) Irish privileged enterprise with selection year from 2014 onwards. (6) Including income from a preferred tourism enterprise with the selection/operation year from 2014 onwards. (7) Approved or preferred enterprise that submitted a waiver notice by 30.6.2015, after corporate tax was deducted.

Other financing source:

7B. Dividend distributed from a foreign resident company

	Individuals	Companies	Foreign Residents
Dividend distributed from a foreign resident company	25%	23%	0%

7C. Dividend distributed by a Real Estate Investment Trust

	% of Dividend	Individuals (1)	Companies	Foreign Resident Companies	Exempt Trust Fund	Pension Fund (2)
From real estate appreciation, capital gain, and depreciation (3)	___	25%	23%	23%	0%	0%
Other taxable income (e.g., rent)	___	47%	23%	23%	23%	0%
From income producing real estate for rental housing	___	20%	20%	20%	0%	0%
Income taxed by the fund (4)	___	25%	0%	25%	0%	0%
Extraordinary income	___	70%	70%	70%	60%	70%
Other	___	___	___	___	___	___
Weighted withholding tax %	100%	___	___	___	___	___

(1) Individuals - including taxable trust fund income, foreign resident individuals. (2) Pension fund for pension, provident, or compensation as defined in the Income Tax Ordinance, as well as a foreign pension fund resident in a reciprocating country. (3) From real estate appreciation or capital gain, except from the sale of real estate held for a short period, and from income in the amount of depreciation expenses. (4) Distribution from income taxed by the fund according to section 64A4(e).

Other sources:

• 1. Number of the corporation's dormant securities not entitled to dividend payment and for which a waiver letter must be provided to receive the dividend payment: ________
• 1. Effect of the dividend distribution on convertible securities:
• The company has no convertible securities
• The dividend distribution has no effect on convertible securities
• The effect of the dividend distribution on convertible securities is as follows:

Security Name	Security Number	Remarks
FOX-WIZEL LTD Warrants 2023	1195106	Other: Regarding the warrants (non-tradable) - the exercise price of each warrant will be reduced by the full dividend amount per share.

1. Recommendations and decisions of the directors regarding the dividend distribution according to Regulation 37(a)(1) of the Securities Regulations (Periodic and Immediate Reports), 1970:

The decision to distribute a dividend was made by the company's board of directors on August 21, 2025, after the board examined and approved the compliance of the distribution with the profit test and the solvency test as set out in section 302 of the Companies Law, 1999. Regarding the profit test - the distributable profits as of June 30, 2025, before the dividend distribution, amount to approximately 957 million ILS, exceeding the dividend amount to be distributed. The distributable profits after the dividend distribution amount to approximately 923 million ILS.

Regarding the solvency test – the board of directors examined, among other things, the company's financial statements as of June 30, 2025, cash and cash equivalents, the company's liquidity status, equity-to-balance ratio, projected cash flow up to and including 2028, and the company's existing and expected obligations, including obligations to banks and expected investments. In the opinion of the board, the dividend distribution is not expected to materially adversely affect the company's financial position, and there is no reasonable concern that the dividend distribution will prevent the company from meeting its existing and expected obligations as they become due. Accordingly, the board approved that the proposed dividend distribution meets the distribution tests. The board's decision was based, among other things, on forward-looking information as defined in the Securities Law, 1968, including analysis of the company's projected cash flow for the relevant period and the company's assessments as of the examination date. These assessments may not materialize, in whole or in part, or may materialize in a materially different manner than expected, among other things, due to changes in the markets in which the company operates, market conditions, and the realization of risk factors relevant to the company's activities as detailed in the company's 2024 periodic report.

Details of the authorized signatories on behalf of the corporation:

	Signatory Name	Position
1	Shahar Rania	Other: Deputy CEO and CFO
2	Yudfat Harel Buchris	Chairman of the Board

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.

Previous reference numbers on this subject (the mention does not constitute inclusion by reference):

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

Short name: FOX-WIZEL LTD

Address: Hermon 6, Airport City, Ben Gurion Airport 70100 Phone: 03-9050100, Fax: 03- 9050200 Email: shahar@fox.co.il Company website: www.fox.co.il

Previous names of the reporting entity: WIZEL TEXTILE MARKETING LTD.

Electronic reporter name: Olga Alexeev Position: Group Controller Employer company name: Address: Hermon 6, Kiryat Sde HaTeufa 70100 Phone: 03-9051749 Fax: 03-9050200 Email: olga@fox.co.il

Form structure update date: 15/07/2025