Palram Industries (1990) Ltd.

Related Party Transaction • Nov 27, 2025

PALRAM INDUSTRIES (1990) LTD

Registry Number: 520039843

To: Israel Securities Authority

www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd.

www.tase.co.il

Form Number: T136 (Public)

Date of MAGNA Transmission: 27/11/2025 Reference Number: 2025-01-093819

Immediate Report on a Transaction with a Controlling Shareholder or with a Director that is Not Subject to Approval by General Meeting

Regulation 37A(5) of the Securities Regulations (Periodic and Immediate Reports), 2006

Reference Numbers of Previous Related Reports: _________, _________, _________.

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. Hereby is submitted a report about approval of a transaction, in accordance with Regulation 1 of the Companies Regulations (Relief in Transactions with Interested Parties), 2000.
• 1. Date of transaction approval by the Board of Directors: 27/11/2025.
• 1. Summary of the main points of the transaction and the rationale of the Board of Directors and Audit Committee for approval of the transaction:

(As detailed in the attached file)

diyuach_miyadi_eskot_isa.pdf ("Immediate_Transaction_Report_isa.pdf")

1. Main points of the opinion of the Government Companies Authority and the key decisions of the Ministerial Privatization Committee, or details on the alternative according to which the exemption was granted:

(To be completed in case this is an extraordinary transaction by ^a government-controlled public company)

	5. File attached:

Details of Authorized Signatories on Behalf of the Corporation:

#	Name	Position
1	Shay Michael	Chief Executive Officer
2	Eran Goldman	Chief Financial Officer

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. Staff's position on the matter can be found on the authority's website: Click here

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange.

Short name: Palram

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.

Address: Kibbutz Ramat Yohanan, D.N. Kfar Maccabi 30035

Phone: 04-8459900, Fax: 04-8444012

Email: yifat.licht@palram.com

Former Names of the Reporting Entity: Platov-Palram Ltd.

Electronic Reporter Name: Molkho Sarit

Position: External Legal Advisor

Employer's Company Name: S. Friedman, Abramson & Co., Advocates and Notaries

Address: 146 Menachem Begin Road, Tel Aviv 6492103

Phone: 03-6931931 Fax: 03-6931930 Email: saritm@sfa.law

Note: There are no images present in the document.