Bazan Oil Refineries Ltd. — Capital/Financing Update 2026

May 27, 2026

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.

Oil Refineries Ltd.

OIL REFINERIES LTD

Number in the register: 520036658

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd.

www.tase.co.il

T121 (Public)

Filed via MAGNA: 27/05/2026

Reference: 2026-01-049553

Immediate report for general material information

Explanation: Do not use this form when there is a form tailored to the reported event.

This reporting form is intended for material reports for which there is no appropriate designated form.

Results of an offering must be reported on Form T20 and not on this form.

Reports on rating of BONDS or rating of a corporation must be submitted via Form T125.

Nature of the

Intention to publish an institutional tender for raising debt by way of BONDS from new series

event:

(Series 17 and Series 18)

Reference numbers of previous reports on the subject: _, _, ____.

Attached file 2705_mir7_isa.pdf

The company is not a shell company as defined in the TASE Regulations

The date on which the event first became known to the corporation: 27/05/2026at: 19:00

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

	Name of signatory	Position
1	Eliyahu Morduch	Company Secretary

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

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

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange

Date of last update of the form structure: 06/08/2024

Short name: Bazekuk

Address: P.O.B.4, Haifa3100001 Telephone: 04-8788135, 04-8788115Fax: 073-2928115

E-mail: info@bazan.co.il Company website: https://www.bazan.co.il/

Previous names of reporting entity:

Name of electronic reporter: Uri Burla NoaPosition: Legal CounselName of employing company:

Address: Oil Refineries complex, P.O.B.4, Haifa3100001Telephone: 04-8788359Fax: E-mail: unoa@bazan.co.il