OY Nofar Energy Ltd.

Share Issue/Capital Change • Sep 15, 2025

O.Y. NOFAR ENERGY LTD

Registry Number: 514599943

To: Israel Securities Authority To: TEL AVIV STOCK EXCHANGE LTD Form Number: T087 (Public) Transmitted via MAGNA: 15/09/2025 Israel Securities Authority Website: www.isa.gov.il TEL AVIV STOCK EXCHANGE LTD Website: www.tase.co.il Reference: 2025-01-069461

Capital Structure, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Changes Therein

Regulation 31E of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) of the Securities Regulations (Immediate Periodic Reports), 1970

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the Change:

Grant of options under an employee plan

Explanation: Please briefly describe the nature of the change.

Reference numbers of previous reports on the subject: _________, _________, _________.

1. The Corporation's Securities Register after the Change:

Name and Type of Security	Security Number	Quantity in Registered Capital	Issued and Paid-Up Capital (Last Report)	Issued and Paid-Up Capital (Current)	Quantity Registered in the Name of the Registration Company
NOFAR Ordinary Share	1170877	50,000,000	35,540,512	35,540,512	35,540,512
NOFAR ENERGY Debenture A	1179340	290,868,638.16	290,868,638.16	290,868,638.16	290,868,638.16
NOFAR ENERGY Debenture B	1198035	499,993,000	499,993,000	499,993,000	499,993,000
NOFAR ENERGY Debenture C	1198043	803,054,950	803,054,950	803,054,950	803,054,950
NOFAR ENERGY Debenture D	1211416	756,289,369.25	756,289,370	756,289,370	756,289,370
NOFAR Employee Options	1190255	0	1,321,246	1,343,853	0

Explanation: Please detail all the company's securities, including securities not listed for trading.

1. The Corporation Announces That:

From date: 14/09/2025 To date: 14/09/2025

A change occurred in the quantity and in the register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: Grant of options under an employee plan as of 30.5.2024

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Details:

• Name of registered holder affected by the change: Altshuler Trustees Ltd.
• Type of identification number: Israeli Companies Registrar Number
• Identification number: 513901330
• Nature of the change: Allocation to employees
• Date of change: 14/09/2025
• Executed via the stock exchange clearing house: No
• Type and name of security affected: NOFAR Employee Options
• Security number: 1190255
• Holder's balance in the security in the last report: 1,321,246
• Holder's balance in the security after the change: 1,343,853
• Total quantity of securities increased/decreased: 22,607
• Is this a grant of rights to purchase shares: Yes
• Total consideration for the securities issued: 0
• Stock exchange number of the share resulting from exercise: 1170877
• Number of shares resulting from full exercise/conversion: 22,607
• Total additional consideration to be received from full exercise/conversion: 102.19 NIS per share.
• Period during which the security can be exercised:
  • The determining date as defined in the option plan is 15.6.2022. The options can be exercised as follows:
    • 50% of the options from two years up to 6 years from the determining date;
    • 25% of the options from 3 years up to 6 years from the determining date;
    • 25% of the options from 4 years up to 6 years from the determining date.
• From: 15/06/2022 To: 15/06/2028
• The allocated securities will be registered for trading: No
• The allocation of these securities is pursuant to: Employee option plan report published on 30/05/2024, reference number 2024-01-056994
• The security has been fully paid and the consideration has been fully received.

Explanations:

• 1. If the change affects more than one security, the effect of the change should be detailed in a separate row for each security.
• 1. Date of change all changes of the same type, in the same security, made on one day, will be summarized in one row. For this purpose – changes made through the stock exchange clearing house should be separated from changes made directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities should be entered, not NIS par value.

3. Main Shareholder Register as of the Reporting Date:

No.	Name of Registered Shareholder	Type of ID Number	ID Number	Security Number	Type and Par Value of Shares	Number of Shares	Holds Shares as Trustee
1	The Registration Company of the TEL AVIV STOCK EXCHANGE LTD	Israeli Companies Registrar No.	515736817	1170877	NOFAR Ordinary Share	35,540,512	No

4. Attached is a file of the shareholder register in accordance with Section 130 of the Companies Law, 1999

[marsham_baalei_maniot_isa.pdf](G:\Shared drives- 2025-09-14\2025\מיידים דיווחים\משפטי (pdf.isa_מצבת הון אופציות מעין אס\מרשם_בעלי_מניות

Alt: Updated shareholder register file of the corporation, including the register of option holders and debenture holders.

Details of the Authorized Signatories on Behalf of the Corporation:

No.	Name	Position
1	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. Staff position on the matter can be found on the authority's website: Click here.

Previous names of the reporting entity:

Name of electronic reporter: 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

Securities of the corporation are listed for trading on the TEL AVIV STOCK EXCHANGE LTD

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

Date of form structure update: 06/08/2024

End of document.