OY Nofar Energy Ltd.

Director's Dealing • Dec 7, 2025

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting a change in the holdings of securities of the reporting corporation only. For reporting a change in the holdings of securities of a subsidiary whose activity is material to the activity of the reporting corporation, please use Form T121.

1. Details of Holder

Holder Name: MEITAV INVESTMENT HOUSE LTD ID Type: Number in the Israeli Companies Registrar

Holder's ID Number: 520043795

Type of Holder: Management companies of mutual fund investment trusts

Hedge Fund has the right to appoint a director or representative to the company's board: _________

• Does the holder serve as a representative for reporting on behalf of several shareholders holding together the securities of the corporation: Yes
• Name of Controlling Shareholder: See Note 1
• ID number of controlling shareholder: See Note
• Citizenship / Country of Incorporation or Registration: Incorporated in Israel
• Security Number on the Exchange: 1198035
• Name and Type of Security: Nofar Government Bonds Series 2'
• Nature of Change: Decrease (due to tender offer)
• Was the change in a single transaction or multiple transactions (cumulative change): Single transaction
• Date of Change: 04/12/2025 Transaction Rate: 0 agorot
• Are these dormant shares or securities convertible to dormant shares: No
• Balance (in quantity of securities) in last report: 5,149,485
• Percentage held of total of that type in last report: 0.11%
• Change in amount of securities: -3,172,262
• Current balance (in quantity of securities): 1,977,223
• Current percentage held of total of that type: 7.63%
• Shareholding after change: In capital: 2.06%, In voting rights: 2.06%
• Shareholding after full dilution: In capital: 1.93%, In voting rights: 1.93%
• Note number: 2

Explanation: Shareholding percentage post-change does not include convertible securities.

2. Details of 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.

Holder Name: MEITAV INVESTMENT HOUSE LTD

ID Type: Number in the Israeli Companies Registrar

Holder's ID Number: 520043795

Type of Holder: Provident funds and management companies for provident funds

Hedge Fund has the right to appoint a director or representative to the company's board: _________

Does the holder serve as a representative for reporting on behalf of several shareholders holding together the securities of the corporation: Yes

Name of Controlling Shareholder: See Note 1

ID number of controlling shareholder: See Note 1

Citizenship / Country of Incorporation or Registration: Incorporated in Israel

Security Number on the Exchange: 1198035

Name and Type of Security: Nofar Government Bonds Series 2'

Nature of Change: Decrease (due to tender offer)

Was the change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of Change: 04/12/2025 Transaction Rate: 0 agorot

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

Balance (in quantity of securities) in last report: 42,569,000

Percentage held of total of that type in last report: 0.89%

Change in amount of securities: -42,569,000

Current balance (in quantity of securities): 0

Current percentage held of total of that type: 0%

Shareholding after change: In capital: 7.66%, In voting rights: 7.66%

Shareholding after full dilution: In capital: 7.02%, In voting rights: 7.02%

Note number: 2

Explanation: Shareholding percentage post-change does not include convertible securities.

Notes

• 1. To the best knowledge of the company, the controlling shareholders of MEITAV INVESTMENT HOUSE LTD are:
• (1) Mr. Eli Barakat, ID 058368143 via BRM Financials Ltd. The ultimate shareholders in BRM Financials Ltd are: Mr. Eli Barakat, ID 058368143, holding 33.3% (through companies controlled by him) and who also holds in trust the shares of Mr. Nir Barakat, ID 056092430, constituting 33.3% and held through Nir Barakat Ltd, Co. No. 512702036 (Eli and Nir Barakat are brothers), and Mr. Yuval Rechavi, ID 058142431, holding 33.3% (through companies controlled by him).
• (2) Mr. Avner Stepak, ID 027378058 via Maya Holdings (Yaalim) Ltd, companies under his control and directly.
• 1. Following an exchange tender offer for the company's convertible government bonds (Series 2'), in exchange for ordinary shares of the company without par value and government bonds (Series 4') of the company by way of series expansion, as detailed in the company's shelf offer report (which also serves as the tender offer specification) by way of an exchange tender offer dated November 18, 2025, as completed on November 27, 2025 (reference numbers: 2025-01-088683 and 2025-01-093891, respectively), and in the results report published by the company on December 2, 2025 (reference number: 2025-01-095797).

1. Was all the consideration paid at the date of change? Yes
2. If not, indicate date of completion of payment:
3. If the change occurred by way of signing a loan deed, please specify details regarding the manner of termination of the loan:
Explanation: Please indicate the holding percentages taking into account all securities held by the interested party.
4. Date and time on which the corporation first became aware of the event or matter: 07/12/2025 at 11:50 5. Details of actions causing the change:
Details of authorized signatories on behalf of the corporation:

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	Position
Ofer Yanai	CEO and Director
Nir Peleg	CFO

Explanation: In accordance with Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted pursuant to these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on the matter may be found on the authority's website: Click here.

• Securities of the corporation are listed for trade on the Tel Aviv Stock Exchange
• Short Name: Nofar Energy
• Address: 1 HaTachana St., Kfar Saba, 4453001 | Phone: 09-3750003 | Fax: 08-3750061
• Email: ofer@nofar-energy.co.il | Website: www.nofar-energy.com
• First name of electronic reporter: Yanai Ofer Yosef
• Position: Acting CEO and Director
• Company Address: 1 HaTachana St., Kfar Saba, 4453001 | Phone: 09-3750003 | Fax: 08-3750061 | Email: ofer@nofarenergy.co.il

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