NewMed Energy

Legal Proceedings Report • Nov 2, 2025

NewMed Energy Limited Partnership

To: Israel Securities Authority Via Magna

To: Tel Aviv Stock Exchange Ltd. Via Magna

November 2, 2025

Re: Reference to Publications regarding the Export Permit for Natural Gas to Egypt

Further to the report published by the partnership on August 7, 2025 (reference number: 2025-01-058580) regarding the amendment to the export agreement to Egypt signed on August 7, 2025, between the Leviathan Project right holders and Blue Ocean Energy (hereinafter: the Amendment), and to the immediate report published by the partnership on October 30, 2025 (reference number: 2025-01-082110) regarding the extension of the date for the fulllment of the precedent conditions for the Amendment's effectiveness until November 30, 2025, and following publications in the media over the past weekend regarding procedures for obtaining the export permit to Egypt in relation to the Amendment (hereinafter: the Export Permit), the partnership wishes to clarify that during discussions between the Ministry of Energy and the Leviathan partners held last week regarding the Export Permit, the Ministry of Energy presented to the Leviathan partners a number of conditions on which agreement has not yet been reached.

The Leviathan partners intend to continue discussions with representatives of the Ministry of Energy in order to reach an agreed text of the Export Permit.

Forward-Looking Information Warning: The information in this report regarding the possibility of obtaining an agreed version of the Export Permit and the fulllment of the precedent conditions for the Amendment's effectiveness, for which obtaining an export permit is a precedent condition, constitutes forward-looking information within the meaning of Section 32A of the Securities Law, 1968. It is emphasized that, as of the report date, obtaining the Export Permit and the fulllment of the precedent conditions for the effectiveness of the Amendment are not certain, as they depend, among other things, on obtaining approvals and consents and fullling conditions that are not under the control of the Leviathan partners.

The right holders in the Leviathan Project and their respective holding rates are as follows:

Partnership	45.34%
Chevron Mediterranean Limited	39.66%
Ratio Energies - Limited Partnership	15.00%