OY Nofar Energy Ltd.

Major Shareholding Notification • Oct 20, 2025

O.Y. NOFAR ENERGY LTD

Registry Number: 514599943

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T077 (Public) Sent via MAGNA: 20/10/2025 ISA Website: www.isa.gov.il TASE Website: www.tase.co.il Reference: 2025-01-077677

Immediate Report on the Holdings of Interested Parties and Senior Officers

Regulation 33(c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970

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

Below is the status as of 30/09/2025:

A. Interested Parties in the Corporation (including CEO and directors, and any other employee holding 5% or more of the issued share capital or voting power):

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Equity	% Voting	Holding Percentage (Full Dilution)	% Equity	% Voting
1	Ofer Yannay	NOFAR Ordinary Share	9,854,528	27.73	27.73	27.73	23.90	23.90
2	Uri Orbach	NOFAR Ordinary Share	1,828	0.01	0.01	0.01	0.00	0.00
3	Migdal Insurance and Financial Holdings Ltd (Participating Life Insurance Accounts)	NOFAR Ordinary Share	2,909,538	8.19	8.19	8.19	7.06	7.06
4	Migdal Insurance and Financial Holdings Ltd (Mutual Fund Management Company)	NOFAR Ordinary Share	864,494	2.43	2.43	2.43	2.10	2.10
5	Migdal Insurance and Financial Holdings Ltd (Mutual Fund Management Company)	NOFAR Bond A	16,022,165	0	0	0	0	0
6	Migdal Insurance and Financial Holdings Ltd (Participating	NOFAR Bond A	23,145,260	0	0	0	0	0

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Equity	% Voting	Holding Percentage (Full Dilution)	% Equity	% Voting
	Life Insurance Accounts)
7	Migdal Insurance and Financial Holdings Ltd (Mutual Fund Management Company)	NOFAR Energy Bond C	75,825,242	0	0	0	0	0
8	Migdal Insurance and Financial Holdings Ltd (Mutual Fund Management Company)	NOFAR Bond D	78,488,751	0	0	0	0	0
9	PHOENIX FINANCIAL LTD (Nostro)	NOFAR Ordinary Share	118,125	0.33	0.33	0.33	0.29	0.29
10	PHOENIX FINANCIAL LTD (Provident Funds and Provident Fund Management Companies)	NOFAR Ordinary Share	4,409,886	12.41	12.41	12.41	10.70	10.70

Total holding percentage:

Total Holding Percentage	% Equity	% Voting	Total Holding Percentage (Full Dilution)	% Equity	% Voting
83.11	83.11	74.22	74.22

B. Senior Officers in the Corporation (excluding CEO and directors, and any other employee holding 5% or more of the issued share capital or voting power):

• Do not hold securities of the corporation.
• Below is the status of holdings of senior officers in the corporation:

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Equity	% Voting	Holding Percentage (Full Dilution)	% Equity	% Voting
64	Sagi Sendler	NOFAR Employee Option	181,321	0	0	0	0.44	0.44
65	Ayana Wechsler	NOFAR Employee Option	51,806	0	0	0	0.13	0.13
66	Zur Lanes	NOFAR Employee Option	181,321	0	0	0	0.44	0.44
67	Offer Oberlander	NOFAR Employee Option	51,806	0	0	0	0.13	0.13
68	Niso Hazan	NOFAR Ordinary Share	565	0	0	0	0	0
69	Niso Hazan	NOFAR Employee Option	7,771	0	0	0	0.02	0.02
70	Elad Michaeli	NOFAR Employee Option	71,081	0	0	0	0.17	0.17
71	Nadav Barkan	NOFAR Employee Option	67,526	0	0	0	0.16	0.16
72	Noa Beit Dagan	NOFAR Employee Option	27,630	0	0	0	0.07	0.07
73	Guy Avraham Hartstein	NOFAR Employee Option	7,771	0	0	0	0.02	0.02

Total holding percentage:

Total Holding Percentage	% Equity	% Voting	Total Holding Percentage (Full Dilution)	% Equity	% Voting
0	0	1.58	1.58

Explanations:

• 1. It is required to report also on the holding of other securities, including those not listed for trading.
• 1. If the interested party holds more than one type of security in the corporation, the holding percentage (including full dilution) should be stated considering all securities held by him in a single line.
• 1. This form must detail the holdings of all interested parties, including those whose holdings have not changed.
• 1. If the interested party is a controlled company with significant activity for the corporation, the holdings should be split between shares acquired before the Companies Law, 1999 came into effect (granting rights in equity and voting) and shares acquired after, which are dormant shares.
• 1. If the interested party is a corporation, also state the first name(s) of the ultimate controlling shareholder(s) in this corporation. If there is no controlling shareholder, provide details of the interested parties in it.
• 1. If a senior officer holds 5% or more of the issued share capital or voting power, his holdings should be detailed in the "Interested Parties" table as specified in section A above.
• 1. If the interested party or senior officer also holds securities in a controlled company whose activities are significant to the corporation, details of these holdings should be provided in the "Remarks" field in the holder's details.

Controlling Shareholder in the Corporation

As of the date of this report and according to the law, is there a controlling shareholder in the corporation?

	Yes
--	-----

No

Other: _________

The controlling shareholder in the corporation is:

Mr. Ofer Yannay

ID Type: Identity Card Number 031919467

Has control been transferred during the period described in the report? No

Total holding percentage (%) in the corporation's equity by all controlling

shareholders: 27.73

Authorized Signatories for the Corporation

#	Name	Position
1	Ofer Yannay	Other: CEO and Director

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

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 Signatory Name: Guy Avraham Hartstein

Position: Accountant

Address: HaTahana 1, Kfar Saba, 4453001

Phone: 09-3750003 Fax: 08-3750061

Email: guy.h@nofar-energy.co.il

This is ^a translation of the original Hebrew document. In case of any discrepancy, the Hebrew version shall prevail.