Ratio Petroleum Energy LP

Major Shareholding Notification • Nov 9, 2025

RATIO ENERGIES - LIMITED PARTNERSHIP

Registry Number: 550012777

To:	Israel Securities Authority	Website: www.isa.gov.il
To:	Tel Aviv Stock Exchange Ltd.	Website: www.tase.co.il
Form Number: T078	(Public)	Reference: 2025-01-085220
Report transmitted via Magna on:	09/11/2025

Immediate report on a party becoming an interested party in the corporation

Regulation 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 1970

1. Details of the holder:

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.
First name:
First name in English as appears in passport:
Last name/Corporation name: Phoenix Investments House Ltd
Last name/Corporation name in English: The Phoenix Investments House Ltd
Type of identification number: Israeli Companies Registrar number
Holder is a corporation
Identification number: 520041989
Nationality/Country of incorporation or registration: Incorporated in Israel
Country of nationality/incorporation or registration:
Address: 3 Matzada, Bnei Brak
Is the holder serving as a representative for the purpose of reporting multiple shareholders collectively holding securities of the corporation?: Yes
Name of controlling shareholder of the interested party: See Section 5
ID number of controlling shareholder of the interested party: See Section 5
2. Details of the action resulting in the holder becoming an interested party in the corporation:
A. Nature of the action: Increase, Other
Explanation: Due to purchase on the stock exchange by The Phoenix Investments House Ltd (Phoenix Investments Mutual Funds)
B. Name and type of security subject to the action: Participating units
C. Security number on the stock exchange: 394015
D. Date of action: 06/11/2025
E. Quantity of securities subject of action: 555,002
F. Transaction price: 456.50 agorot

If not all consideration was paid at the time of change, specify date of payment completion: _________

G. Are these dormant shares or securities convertible to dormant shares: No

H. Was all the consideration paid at the time of the change: Yes

1. A. Holdings of the interested party following the action:

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, Type and Series	Security Number on	Amount of	Dormant?	Holding	Fully Diluted
of Security	Exchange	Securities		Percentage	Holding (%)
Participating units	394015	43,467,460	No	3.87 (equity/voting)	3.87 (equity/voting)

The holder is a member of an institutional reporting group.

Detailed breakdown of holdings:

Holder	Name, Type and Series of Security	Security Number on Exchange	Amount of Securities	Dormant?
Companies managing mutual investment funds (Israel)	Participating units	394015	43,544,720	No
Market maker	Participating units	394015	77,260	No

Explanations:

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. If the interested party holds more than one type of security, they must declare the holding rates reflecting all the securities held, in only one row.
• 1. There must also be a report of other securities held, including those not listed for trading.
• 1. If the interested party is a subsidiary, holdings acquired prior to and after the entry into force of the Companies Law, 1999 must be separated.
• 1. If the holder is not a member of an institutional reporting group, only section 3A must be filled. If the holder is such a member, both sections 3A and 3B must be completed.
• 1. If the interested party is a corporation wholly (100%) owned by a single controlling shareholder, the field "Name of holder" should indicate the controlling shareholder, and the comments section at the form's bottom should give details of the corporation(s) through which the shares are held, including all relevant details. If the interested party is a corporation held by more than one, or multiple interested parties, write the corporation's name in the holder field and give the controlling parties' details in the footnotes.
• 1. Reports regarding significant means of control in a bank corporation without a control core should be reported on Form 121.

*Note: Indicate whether these are dormant shares or securities convertible to dormant shares.

4. The interested party does NOT hold shares or other securities in a held company whose activities are material to the reporting corporation.

5. Additional details:

• The balance of the market maker's holdings is negative (minus 77,260 participating units (holding rate 0.00%)) and reflects shortsale transactions.
• As reported by the interested party, The Phoenix Investments House Ltd is a company controlled by Phoenix Financial Ltd. Phoenix Financial Ltd is a company with no controlling core. A parallel immediate report has been issued regarding Phoenix Financial Ltd.

6. Date and time the corporation first learned of the event or matter:

09/11/2025 at 13:30

Details of authorized signatories on behalf of the corporation:

Name	Position
Moran Pasis	Other - Authorized signatory

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 for the corporation. The staff position on this matter can be found on the Authority's website: Click Here.

Short name: Ratio Participating Units (Yahash)

Address: 85 Yehuda Halevi St., Tel Aviv 6579614 | Phone: 03-5661338 | Fax: 03-5661280

Email: info@ratioenergies.com | Website: www.ratioenergies.com

Previous names of the reporting entity: Ratio Oil Exploration (1992) – Limited Partnership

Electronic Reporter: Moran Pasis Title: Attorney/Legal Advisor Email: moran@ratioil.com