Strauss Group

Major Shareholding Notification • Dec 7, 2025

STRAUSS GROUP LTD

Company number (Registrar): 520003781

To:

• The Israel Securities Authority
• The Tel Aviv Stock Exchange Ltd.

Form Number: T076 (Public) MAGNA Transmission Date: 07/12/2025 Reference: 2025-01-097495

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 to report a change in holdings of the securities of the reporting corporation only. For reporting changes in the holdings of a subsidiary that is material to the activities of the reporting corporation, use Form T121.

Holder Information

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 of corporation / Last Name and First Name of Holder: Shai Babad

ID Type: Identity Card Number Holder's ID Number: 033193707 Type of Holder: Director / CEO

Hedge Fund has the right to appoint a director or its representative to the board: ________

• Is the holder acting as a proxy for reporting on behalf of several shareholders who hold together securities of the corporation? No
• Name of controlling shareholder of the interested party: None, Private Individual
• ID number of controlling shareholder of the interested party: None
• Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: ________
• Stock exchange security number: 7460165
• Name and class of the security: Strauss Warrant 2003

Nature of the Change

Nature of Change: Decrease

In convertible securities due to their conversion to shares or redemption

Note: The purchase or sale of shares on the stock exchange by a matched transaction, as defined in part three of the exchange regulations, will be classified as an off-exchange transaction, with disclosure in the text field that the transaction was carried out in this way.

Is this change from one transaction or multiple transactions (cumulative change): One transaction

Date of change: 07/12/2025

Transaction price: 10,551 Agorot

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

Balances and Holdings

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.

• Balance (number of securities) in the previous report: 487,096
• Holding percentage of total securities of the same class in the previous report: 7.88%
• Change in number of securities: 12,096-
• Current balance (number of securities): 475,000
• Current percentage holding of total securities of the same class: 7.70%
• Percentage holding after change in capital: 0%
• Percentage holding after change in voting rights: 0%

Explanation: Percentage holding after the change does not refer to convertible securities.

• Percentage holding after change on a fully diluted basis: In capital: 0.39%
• In voting rights: 0.39%
• Note number: 1

Note: If 'increase' is chosen due to a forced buy of loaned securities or 'decrease' due to a forced sale, this refers to loaned securities that have not been returned to the lender, thus the lending operation becomes a forced acquisition and the loaning operation a forced sale.

Notes Table

No.	Note
1

• 1. Was all consideration paid at the time of change: Yes
• 1. If not all consideration was paid at the time of change, state the completion date: ________
• 1. If the change occurred by signing a loan agreement, provide details regarding the end of the loan: ________

Explanation: The holding percentages should take into account all securities held by the interested party.

• 1. Date and time the corporation first became aware of the event or matter: 07/12/2025 at 10:34
• 1. Details of the actions that caused the change: ________

Details of the authorized signatories to sign on behalf of the corporation:

No.	Signatory Name	Position
1	Yael Nevo	Other. Senior Vice President, Chief Legal Counsel, and Company Secretary
2	Noa Herman Shifris	Other. Deputy Chief Legal Counsel and Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted according to these regulations must be signed by those authorized to sign on behalf of the corporation. The ISA staff's position on this matter can be found on the ISA website: Click here

Assuming full exercise of 6,168,025 warrants granted to senior employees (based on the monetary benefit embedded in the warrants, and based on the intrinsic value of the warrants), and neutralizing dormant shares, the diluted holding rate of interested parties and senior officers in the company will be 62.60%.

Reference numbers of previous documents on the subject (mention does not imply inclusion by reference):

(Empty)

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

Form structure update date: 04/02/2025

Short Name: Strauss Group

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: 49 Hasivim St., Petach Tikva 49517 Phone: 03-6752499 Fax: 03-6752279 Email: yael.nevo@strauss-group.com Company

Website: www.strauss-group.com

Previous names of reporting entity: Strauss-Elite Ltd., Elite Industries Ltd.

Electronic reporter name: Yuval Sarah Hayun Position: Lawyer / Legal Advisor Employing company name:

Address: 49 Hasivim St., Petach Tikva 4959504 Phone: 050-7336644 Email: yuval.maor@strauss-group.com

End of document.

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