Tamar Petroleum Ltd.

Major Shareholding Notification • Sep 18, 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.

TAMAR PETROLEUM LTD

Company Number: 515334662

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T053 (Public) Sent via MAGNA: 18/09/2025 ISA Website: www.isa.gov.il TASE Website: www.tase.co.il Reference: 2025-01-070534

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:

Notice of changes in holdings of an interested party in the company and the granting of an option to purchase shares, the exercise of which will result in a change in the holdings of interested parties in the company.

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. The company hereby announces that on 18.9.2025 it received a notice from Mr. Aharon Gover Frenkel, an interested party in the company, stating that Union Energy & Systems A Ltd. (hereinafter: "Union"), a company wholly owned by him, purchased on 17.9.2025 in an off-exchange transaction 7,978,003 ordinary shares of the company from MENORA MIVTACHIM HOLDINGS LTD (Pension and Provident), an interested party in the company, at a price of NIS 40 per share and for a total consideration of NIS 319,120,120. In Mr. Frenkel's notice, it was further stated that Union granted an option (hereinafter: "the Option") to SOCAR Tamar L.L.C, a company controlled and owned by the State Oil Company Of Azerbaijan Republic, an interested party in the company, to purchase 3,989,001 shares of the company at a price of NIS 40 per share plus financing expenses incurred by Union for the purchase amount (NIS 159,560,040) from the date of purchase (17.9.2025) until the exercise of the option and commissions related to the purchase of the shares. The option is for a period of 60 days.
• 1. The date and time the corporation first became aware of the event or matter: 18/09/2025 at 09:22
• 1. If the report was delayed the reason for the delay:

• On date: _________ at time: _________ the impediment to reporting was removed.

• The company is a shell company as defined in the TASE 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	Barak Mishraki	CEO
2	Efrat Choze-Azrad	Other (Legal Advisor and Deputy CEO)

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.

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

Short Name: TAMAR PETROLEUM LTD

Address: Galgalei Haplada 11, Herzliya 4672211 Phone: 074-7044779 Fax: 074-7044762

Email: efrat@tamarpetroleum.co.il Company Website: www.tamarpetroleum.co.il

Previous names of the reporting entity:

Electronic Signatory Name: Efrat Choze Azrad Position: Legal Advisor

Address: Galgalei Haplada 11, Herzliya 4672211 Phone: 074-7044779 Fax: 074-7044762 Email: efrat@tamarpetroleum.co.il

Form structure update date: 06/08/2024

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