Bazan Oil Refineries Ltd. — Board/Management Information 2026

Jan 29, 2026

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OIL REFINERIES LTD.

Company Register Number: 520036658

To:

• The Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form Number: T097 (Public) Sent via Magna: 29/01/2026 Reference: 2026-01-011052

Immediate Report on the Status of Senior Officers

Regulation 34(d) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: The definition of ^a senior officer under the Securities Regulations (Periodic and Immediate Reports), 1970 includes, among other things, ^a director.

Below is the list of senior officers and alternate directors in the corporation as of the date 29/01/2026.

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No.	Name	Type and ID Number	Position	Appointment/Classification Date	Member of Board Committees	Appointment Reference Number
1	Moshe Kaplinski Peleg
(English name on passport: Moshe Kaplinski Peleg)
Gender: Male	ID Card Number: 054679550	Chairman of the Board	-	Audit Committee: No
Balance Committee: No
Compensation Committee: No
Other committees: Security Committee (Chair); Environmental, Safety & ESG Committee; Executive and Strategy Committee (Chair).	2021-01- 049813
2	Orna Hozman Bechor
(English name on passport: Orna Hozman Bechor)
Gender: Female	ID Card Number: 024570202	External Director	Appointment Date: 16/01/2023	Audit Committee: Yes
Balance Committee: Yes
Compensation Committee: Yes
Other committees: Investments in Ongoing Activity Committee; Innovation Committee.	2023-01- 006007
3	Jacob Gottenstein
(English name on passport: Jacob Gottenstein)
Gender: Male	ID Card Number: 51176063	Regular Director	-	Audit Committee: No
Balance Committee: No
Compensation Committee: No
Other committees: Trading and Hedging Committee; Investments in Ongoing Activity Committee; Innovation Committee (Chair); Executive and Strategy Committee.	2014-01- 052158
4	Alexander Passal
(English name on passport: Alexander Passal)
Gender: Male	ID Card Number: 042540195	Regular Director	-	Audit Committee: No
Balance Committee: No
Compensation Committee: No
Other committees: Finance and Financial Investments Committee; Investments in Ongoing Activity Committee (Chair); Security Committee, Environmental, Safety & ESG Committee; Trading and	2014-01- 052161

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No.	Name	Type and ID Number	Position	Appointment/Classification Date	Member of Board Committees	Appointment Reference Number
Hedging Committee; Executive and Strategy Committee.
5	Refael Arad
(English name on passport: Refael Arad)
Gender: Male	ID Card Number: 059259408	Regular Director	-	Audit Committee: No
Balance Committee: No
Compensation Committee: No
Other committees: Finance and Financial Investments Committee (Chair); Investments in Ongoing Activity Committee; Trading and Hedging Committee; Environmental, Safety & ESG Committee; Innovation Committee.	2020-01- 119172
6	Nira Dror
(English name on passport: Nira Dror)
Gender: Female	ID Card Number: 052726551	Independent Director	-	Audit Committee: Yes
Balance Committee: Yes
Compensation Committee: Yes
Other committees: Environmental, Safety & ESG Committee (Chair); Finance and Financial Investments Committee; Investments in Ongoing Activity Committee; Security Committee.	2021-01- 041833
7	Adi Federman
(English name on passport: Adi Federman)
Gender: Male	ID Card Number: 014680789	Regular Director	-	Audit Committee: No
Balance Committee: No
Compensation Committee: No
Other committees: Finance and Financial Investments Committee; Trading and Hedging Committee (Chair); Innovation Committee; Executive and Strategy Committee.	2022-01- 101283
8	Itay Simkin
(English name on passport: Itay Simkin)
Gender: Male	ID Card Number: 56816978	External Director	Appointment Date: 21/04/2024	Audit Committee: Yes
Balance Committee: Yes
Compensation Committee: Yes
Other committees: Trading and Hedging Committee; Innovation Committee; Security Committee.	2024-01- 045255

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No.	Name	Type and ID Number	Position	Appointment/Classification Date	Member of Board Committees	Appointment Reference Number
9	Ariel Sternberg
(English name on passport: Ariel Sternberg)
Gender: Male	ID Card Number: 039806997	Regular Director	-	Audit Committee: No
Balance Committee: No
Compensation Committee: No
Other committees: Environmental, Safety & ESG Committee; Finance and Financial Investments Committee.	2025-01- 034308
10	Rafael Maman
(English name on passport: Rafael Maman)
Gender: Male	ID Card Number: 057108813	Chief Executive Officer	-	Audit Committee: -
Balance Committee: -
Compensation Committee: -
Other committees: -	2025-01- 096473
11	Shlomo Basson
(English name on passport: Shlomo Basson)
Gender: Male	ID Card Number: 059033514	Other Position in Company's Management
Details: Deputy CEO and VP Environmental Quality, Safety and Security, Procurement and Contracting.	-	Audit Committee:
Balance Committee: -
Compensation Committee: -
Other committees: -	-
12	Limor Shifra Fasher Cohen
(English name on passport: Limor Shifra Fasher Cohen)
Gender: Female	ID Card Number: 024339541	Other Position in Company's Management
Details: VP Integrated Planning and Trade	-	Audit Committee:
Balance Committee: -
Compensation Committee: -
Other committees: -	-
13	Guy Liberman
(English name on passport: Guy Liberman)

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No.	Name	Type and ID Number	Position	Appointment/Classification Date	Member of Board Committees	Appointment Reference Number
Gender: Male	ID Card Number: 060938032	Chief Financial Officer	-	Audit Committee: -
Balance Committee: -
Compensation Committee: -
Other committees: -	2022-01- 078687
14	Yoav Itzhak Katz
(English name on passport: Yoav Itzhak Katz)
Gender: Male	ID Card Number: 022339733	Other Position in Company's Management
Details: VP - Head of Fuels and Aromatics Business Unit	-	Audit Committee:
Balance Committee: -
Compensation Committee: -
Other committees: -	-
15	Mark Hanna
(English name on passport: Mark Hanna)
Gender: Male	ID Card Number: 011459005	VP Marketing and Sales	-	Audit Committee: -
Balance Committee: -
Compensation Committee: -
Other committees: -	-
16	Orit Barkhorder
(English name on passport: Orit Barkhorder)
Gender: Female	ID Card Number: 312677685	Other Position in Company's Management
Details: VP - Head of Polyolefins Business Unit	-	Audit Committee:
Balance Committee: -
Compensation Committee: -
Other committees: -	-
17	Yonatan Gershon
(English name on passport: Yonatan Gershon)
Gender: Male	ID Card Number: 040142119	Other Position in Company's Management

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No.	Name	Type and ID Number	Position	Appointment/Classification Date	Member of Board Committees	Appointment Reference Number
Details: VP - Chief Legal Counsel	-	Audit Committee:
Balance Committee: -
Compensation Committee: -
Other committees: -	-
18	Solomon Ben Shimol
(English name on passport: SOLOMON BEN SHIMOL)
Gender: Male	ID Card Number: 012308789	Internal Auditor	-	Audit Committee: -
Balance Committee: -
Compensation Committee: -
Other committees: -	-
19	Eliyahu Mordoch
(English name on passport: Eliyahu Mordoch)
Gender: Male	ID Card Number: 024433260	Corporate Secretary	-	Audit Committee: -
Balance Committee: -
Compensation Committee: -
Other committees: -	-
20	Samuel Holzkan
(English name on passport: Samuel Holzkan)
Gender: Male	ID Card Number: 022364244	VP Human Resources	-	Audit Committee: -
Balance Committee: -
Compensation Committee: -
Other committees: -	-
21	Orly Abramovitch
(English name on passport: Orly Abramovitch)
Gender: Female	ID Card Number: 025044140	Other Position in Company's Management
Details: VP Computing and Digital (IT/OT)	-	Audit Committee:
Balance Committee: -
Compensation Committee: -

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This is an unofficial Al 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.

No.	Name	Type and ID Number	Position	Appointment/Classification Date	Member of Board Committees	Appointment Reference Number
Other committees: -	-
22	Eli Tzarfati
(English name on passport: Eli Tzarfati)
Gender: Male	ID Card Number: 038144986	Other Position in Company's Management
Details: Head of Accounting Department	-	Audit Committee:
Balance Committee: -
Compensation Committee: -
Other committees: -	-

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Explanation:

• 1. If a senior officer is a member of one or more board committees, the names of the committee(s) must be specified.
• 1. If a senior officer serves in several positions in the corporation, each position should be listed in a separate row in the "Position" column.
• 1. The Balance Committee is the committee for reviewing financial statements in accordance with the Companies Regulations (Provisions and Conditions for Financial Statement Approval Process), 2010.

Authorized Signatories on Behalf of the Corporation:

No.	Name of Signatory	Position
1	Eliyahu Mordoch	Corporate Secretary

Note: According to regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed under these regulations must be signed by those authorized to sign on behalf of the corporation.

For staff position on this topic see the ISA website: Click here

Clarification:

It is clarified that Mr. Rafael Maman began serving as the CEO of the company on 29.1.2026 at 13:00, replacing the outgoing CEO, Mr. Assaf Almagor, who served until this date.

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

Form structure update date: 04/02/2025

Short name: OIL REFINERIES

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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: P.O. Box 4, Haifa 3100001 Phone: 04-8788135, 04-8788115

Fax: 073-2928115 E-mail: info@bazan.co.il

Website: https://www.bazan.co.il/

Previous names of the reporting entity:

Electronic reporter name: Uri Burla Noa

Position: Legal Advisor

Company Address: Bazan Complex, P.O. Box 4, Haifa 3100001

Phone: 04-8788359 E-mail: unoa@bazan.co.il