Paz Oil Company Ltd.

Post-Annual General Meeting Information • Nov 25, 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.

PAZ RETAIL AND ENERGY LTD. Company number: 510216054

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form T049 (Public) Transmitted via MAGNA: 25/11/2025 Reference: 2025-01-092045

Immediate Report on Results of Meeting Regulation 36d to the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 13 to the Securities Regulations (Transaction between a Company and Its Controlling Shareholder), 2001 Regulation 22 to the Securities Regulations (Private Offering of Securities in a Registered Company), 2000

Explanation: This form serves for reporting all types of meetings. Clarification: This form must be completed for every type of security regarding which a notice (Form T-460) was published inviting a meeting.

1. Meeting identification number: 2025-01-078581

Stock exchange security number granting participation: 1100007 Name of security: Paz Energy NIS par value

1. At the annual meeting held on 25/11/2025, following notice published in reference 2025-01-078581, the following subjects and decisions were on the agenda:

Summary of Agenda, Decision and Outcome

No.	Agenda Item (per T460)	Agenda Details	Decision Summary	Meeting Resolution
1	1	Summary: Appoint Mr. Harel Locker as a regular director for a term starting at the approval date of the meeting and ending at the company's 2026 annual meeting. Required majority: Regular majority. Decision classification: Appointment or dismissal of director under sections 59 and 230 of the Companies Law. Transaction with controlling shareholder: No.	Appoint Mr. Harel Locker as a regular director for the term as above.	Approve
2	2	Summary: Appoint Ms. Michal Marom Brickman as an independent director for a term starting at the approval date and ending at the 2026 annual meeting. Required majority: Regular majority. Decision classification: Appointment or dismissal of director under sections 59 and 230 of the Companies Law. Transaction with controlling shareholder: No.	Appoint Ms. Michal Marom Brickman as an independent director for the term as above.	Approve
3	3	Summary: Appoint Mr. Zohar Levy as a regular director for a term as above. Required majority: Regular majority. Decision classification: Appointment or dismissal of director under sections 59 and 230 of the Companies Law. Transaction with controlling shareholder: No.	Appoint Mr. Zohar Levy as a regular director for the term as above.	Approve
4	4	Summary: Appoint Mr. Amir Cohen as a regular director for a term as above. Required majority: Regular majority. Decision classification: Appointment or dismissal of director under sections 59 and 230 of the Companies Law. Transaction with controlling shareholder: No.	Appoint Mr. Amir Cohen as a regular director for the term as above.	Approve
5	5	Summary: Appoint Ms. Yael Danieli as an independent director for a term as above. Required majority: Regular majority. Decision classification: Appointment or dismissal of director under sections 59 and 230 of the Companies Law. Transaction with controlling shareholder: No.	Appoint Ms. Yael Danieli as an independent director for the term as above.	Approve
6	6	Summary: Re-appoint KPMG Somekh Chaikin as the company's auditor until the next annual meeting and authorize the board to determine their fee per the scope of services provided. Required majority: Regular majority. Classification: Declaration: No suitable field for classification. Transaction with controlling shareholder: No.	Approve re-appointment of KPMG Somekh Chaikin as auditor until the next annual meeting and authorize the board to set fee per scope of services.	Approve
7	7	Summary: Report regarding the auditor's fee for 2024.	Report regarding auditor's fee for 2024.	For report only
8	8	Summary: Discussion on the company's annual periodic report for the year ended 31 December 2024.	Discussion on the annual report for 2024.	For report only

Details of votes on resolutions where the required majority for approval is not a regular majority: (Section data omitted for brevity, see document for table formatting. No images included.)

• 1. Details of participants in the meeting who are institutional, interested parties or senior officers: TXT file provided (not included here).
• 1. This report is submitted as a follow up to the following reports:

Report	Publication Date	Reference No.
Original	21/10/2025	2025-01-078581

Details of Authorized Signatories:

Name	Position(s)
Anat Rothschild	Other - VP, Chief Legal Counsel, Corporate Secretary
Masha (Maria) Berkowitz	Other - Lawyer

Notes: According to regulation 5 of the Securities (Periodic and Immediate Reports) Regulations, a report submitted pursuant to these regulations shall be signed by the persons authorized to sign on behalf of the corporation. Position paper on this matter can be found on the Israel Securities Authority's website.

Previous names of the reporting entity: Paz Oil Company Ltd.

Trading symbol: Paz Energy

Address: Greenwork, Bldg D, Kibbutz Yakum, 6097200 Tel: 09-8631103, 09-8631121 Fax: 09-9562159 Email: anatr@paz.co.il

Website: https://www.paz.co.il/he-IL/home

Reporting electronic signatory: Berkowitz Maria (Attorney/Legal Counsel) Tel: 054-5369439 Email: mashab@paz.co.il

(There are no images in the original text.)