OY Nofar Energy Ltd.

Major Shareholding Notification • Aug 28, 2025

O.Y. NOFAR ENERGY LTD

Registry Number: 514599943

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T078 (Public) Sent via MAGNA: 28/08/2025 Israel Securities Authority Email: www.isa.gov.il Stock Exchange Email: www.tase.co.il Reference: 2025-01-065145

Immediate Report on a Person Becoming an Interested Party in the Corporation

Regulation 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 1970

1. Holder Details:

2. First Name: _________

3. First Name in English as Appears in Passport: _________
4. Last Name/Corporation Name: Yelin Lapidot Holdings Management LTD
5. Last Name/Corporation Name in English: Yelin Lapidot Holdings Management LTD
6. Type of Identification Number: Number in the Israeli Companies Registrar
7. The holder is a corporation
8. Identification Number: 513167346
9. Citizenship/ Country of Incorporation or Registration: Incorporated in Israel
10. Country of Citizenship/ Incorporation or Registration: _________
11. Address: Migdal-Al Dizengoff 50, Tel Aviv
12. Is the holder acting as a representative for the purpose of reporting several shareholders holding together securities of the corporation: Yes
13. Name of controlling shareholder in the interested party: See section 5 below.
14. Identification number of controlling shareholder in the interested party: See section 5.

2. Details of the Action as a Result of Which the Holder Became an Interested Party in the Corporation:

• A. Nature of the action: Increase due to purchase on the stock exchange
• Other: _________
• B. Name and type of security subject to the action: O.Y. NOFAR ENERGY LTD Ordinary Share
• C. Security number on the stock exchange: 1170877
• D. Date of action: 27/08/2025
• E. Quantity of securities subject to the action: 45,527
• F. Price at which the action was performed: 10,584.69 agorot _________
• G. Are they dormant shares or securities convertible to dormant shares: No
• H. Was the entire consideration paid at the time of the change: Yes
• If not all consideration was paid at the time of the change, please specify the date of completion of payment: _________

3. A. Holdings of the Interested Party After the Action:

Name, Type, and Series of Security	Security Number	Quantity of Securities	Dormant*	Holding Percentage	% Equity	% Voting	Holding Percentage (Full Dilution)	% Equity	% Voting
O.Y. NOFAR ENERGY LTD Ordinary Share	1170877	1,822,189	No	5.13	5.13	5.13	4.44	4.44
O.Y. NOFAR ENERGY LTD Bond A	1179340	28,840,966	No	0	0	0	0	0
O.Y. NOFAR ENERGY LTD Bond B	1198035	72,865,820	No	0	0	0	1.54	1.54
O.Y. NOFAR ENERGY LTD Bond C	1198043	92,825,021	No	0	0	0	0	0
O.Y. NOFAR ENERGY LTD Bond D	1211416	12,321,212	No	0	0	0	0	0

• The holder is not a member of an institutional reporting group.
• The holder is not a member of an institutional reporting group, but serves as a senior officer who is not a CEO or director and is not an interested party by virtue of his holdings.
• The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Permitted Assets and Their Maximum Rates), 1994.
• The hedge fund has the right to appoint a director or representative to the company's board: _________
• The holder is a member of an institutional reporting group.

Details of Holdings:

Holder	Name, Type, and Series of Security	Security Number	Quantity of Securities	Dormant
Provident funds and companies managing provident funds	O.Y. NOFAR ENERGY LTD Ordinary Share	1170877	1,061,531	No
Companies managing mutual funds	O.Y. NOFAR ENERGY LTD Ordinary Share	1170877	760,658	No
Provident funds and companies managing provident funds	O.Y. NOFAR ENERGY LTD Bond A	1179340	18,363,694	No
Companies managing mutual funds	O.Y. NOFAR ENERGY LTD Bond A	1179340	10,477,272	No
Provident funds and companies managing provident funds	O.Y. NOFAR ENERGY LTD Bond B	1198035	72,709,570	No
Companies managing mutual funds	O.Y. NOFAR ENERGY LTD Bond B	1198035	156,250	No
Provident funds and companies managing provident funds	O.Y. NOFAR ENERGY LTD Bond C	1198043	15,851,415	No
Companies managing mutual funds	O.Y. NOFAR ENERGY LTD Bond C	1198043	76,973,606	No
Companies managing mutual funds	O.Y. NOFAR ENERGY LTD Bond D	1211416	12,321,212	No

Explanations:

• 1. If the interested party holds more than one type of security, the holding percentages should be stated considering all securities held by him only in one row.
• 1. It is also necessary to report the holding of other securities, including those not listed for trading.
• 1. If the interested party is a subsidiary, the holdings should be split between shares acquired before the entry into force of the Companies Law, 1999, and those acquired after its entry into force.
• 1. When the holder is not a member of an institutional reporting group, only section 3A should be filled. When the holder is a member of an institutional reporting group, both sections 3A and 3B should be filled.
• 1. If the interested party is a corporation wholly owned (100%) by a single controlling shareholder, the field "holder name" should state the name of the sole controlling shareholder, and the notes at the bottom of the form should include details of the corporation(s) through which the shares are held, along with any other relevant details. Conversely, if the interested party is a corporation held by more than one controlling shareholder or by several interested parties, the field "holder name" should state the name of the holding corporation, and the notes at the bottom of the form should include details of the controlling shareholders or interested parties holding the holding corporation.
• 1. Reporting regarding a person with a significant means of control in a banking corporation without a control core should be reported in report T121.
• Must indicate whether these are dormant shares or securities convertible to dormant shares.

4. The interested party does not hold shares or other securities in a held company, if its activity is material to the activity of the reporting corporation.

5. Additional Details:

Yelin Lapidot Provident Fund Management Ltd. (Company No. 513611509) and Yelin Lapidot Mutual Fund Management Ltd. (Company No. 513846808) are private companies owned by Yelin Lapidot Holdings Management LTD (Company No. 513167346). The shareholders in Yelin Lapidot Holdings Management LTD are Mr. Yair Lapidot (ID 055342372) and Mr. Dov Yelin (ID 053584314), each holding 25% of the voting rights and 24.62% and 24.38% of the equity, respectively, and ATREYU CAPITAL MARKETS LTD (Company No. 513773564), which holds 50% of the equity and voting rights through Atreyu Financial Asset Management (2005) Ltd.

6. The date and time the corporation first became aware of the event or matter:

• Date: 28/08/2025
• Time: 15:17

Details of the authorized signatories on behalf of the corporation:

Name	Position
Ofer Yanai	Other: Acting CEO and Director

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 the subject (the mention does not constitute inclusion by reference):

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

Form structure update date: 04/02/2025

Short name: O.Y. NOFAR ENERGY LTD

Address: HaTahana 1, Kfar Saba 4453001 Phone: 09-3750003 Fax: 08-3750061

Email: ofer@nofar-energy.co.il Company website: www.nofar-energy.com

Previous names of the reporting entity:

Electronic reporter name: Guy Avraham Hartstein Position: Accountant Employer company name:

Address: HaTahana 1, Kfar Saba 4453001 Phone: 09-3750003 Fax: 08-3750061 Email: guy.h@nofar-energy.co.il