Veridis Environment Ltd.

Legal Proceedings Report • Sep 15, 2025

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.

VERIDIS ENVIRONMENT LTD

VERIDIS ENVIRONMENT LTD

Registration number: 515935807

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form number: T053 (Public) Transmitted via MAGNA: 15/09/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01- 069439

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

The results of an offering must be reported in T20 and not in this form.

Reporting on bond ratings or corporate ratings must be submitted via Form T125.

Report on: [ ] Delayed report

Nature of the Event:

Notice of subsidiaries and the Ministry of Environmental Protection within the framework of an administrative petition regarding negotiations and a request to stay proceedings and the court's decision

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.

• 1. Further to the immediate report of the company dated 21.4.2025 (Reference No.: 2025- 01-028089) regarding the decision of the support committee of the Cleanliness Maintenance Fund to cancel/revoke support for the subsidiaries for the years 2022-2023 (hereinafter: "the decision") in light of invitations to a hearing received by the subsidiaries and the opening of a criminal investigation, inter alia, against the subsidiaries and a hearing held on 25.11.2024 (hereinafter: "the hearing"), and in accordance with Note 6v(3) to the financial statements as of June 30, 2025, attached to the Q2 2025 report published by the company on 18.8.2025 (Reference No.: 2025-01- 061406) regarding an administrative petition filed by the subsidiaries to the Jerusalem District Court against the decision (hereinafter: "the petition"), the company updates that on September 14, 2025, the subsidiaries and the State of Israel – the Ministry of Environmental Protection submitted a notice to the District Court stating that they are conducting negotiations regarding various issues, including the decision underlying the petition. Accordingly, the court was requested to stay the legal proceedings for the duration of the negotiations, to allow the parties to exhaust them. The court's decision was received on the same day, according to which, as requested and agreed – the hearing scheduled for November 12, 2025, was canceled, and an update regarding the need to continue the proceedings will be submitted by the subsidiaries by December 1, 2025. It should be noted that reaching binding agreements between the parties constitutes forward-looking information as defined in the Securities Law, 1968, which may not materialize or may materialize partially or differently due to factors beyond the company's control.
• 1. The date and time the corporation first became aware of the event or matter: 14/09/2025 at 18:25.
• 1. If the report was delayed the reason for the delay: _________
• 1. On date _________ at time _________ the impediment to reporting was removed.
• 1. The company is a shell company as defined in the Stock Exchange regulations.

Details of the authorized signatories on behalf of the corporation:

#	Name	Position
1	Hagit Benesh	– Other Legal Advisor and Company Secretary
2	Benny Bar On	CFO

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.

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 tosign 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):

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

Form structure update date: 06/08/2024

Short name: VERIDIS

Address: Aba Even Blvd 1, Herzliya 4672519 Phone: 09-9520000, Fax: 09-9520001

Email: hagit\_b@groupve.co.il Company website: veridis.co.il

Previous names of the reporting entity:

Electronic reporter name: Benesh Avrahami Hagit Position: Legal Advisor and Company Secretary Employer company name: T.M.M. INTEGRATED RECYCLIUNG INDUSTRIES LTD.

Address: Aba Even 1, Herzliya 4672519 Phone: 09-9520000 Fax: 09-9520001 Email: hagit\_b@groupve.co.il