Legal Proceedings Report • Dec 2, 2025
Legal Proceedings Report
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Registered Number: 520033291
To:
Form Number: T053 (Public)
Reported on MAGNA: 02/12/2025
Reference: 2025-01-095406
Regulation 36 to the Securities Regulations (Periodic and Immediate Reports), 1970
The results of an offering should be reported in T20 and not in this form.
A report on rating of bonds or corporate rating should be submitted via form T125.
☐ Delayed report submission
Veridis – Notice of Subsidiaries and the Ministry of Environmental Protection in the framework of an administrative petition regarding the conduct of negotiations, request to delay proceedings, and court decision
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.
Further to what was stated in the immediate report of the company dated 15.09.2025 (Reference No.: 2025-01-069446) regarding a notice to the District Court that subsidiaries of Veridis Environment Ltd (a subsidiary of the company) (hereinafter: "the subsidiaries" and "Veridis", respectively) and the Ministry of Environmental Protection are conducting discussions regarding various issues, including the decision underlying the petition as detailed in Note 8c(3) to the financial statements as of 30 September 2025, which were attached to the Q3 2025 quarterly report published by the company on 27.11.2025 (Reference No.: 2025-01-093631):
The company updates that the parties are continuing to negotiate on various issues as detailed above and require additional time for this. Accordingly, an update notice and a request were submitted by the petitioners to submit an additional update regarding the need for continued proceedings. The court's decision was received on December 1, 2025, stating that, as requested and agreed, an additional update notice regarding the need for continued proceedings will be submitted by the subsidiaries by February 1, 2026.
It should be noted that reaching binding agreements between the parties constitutes forward-looking information as defined in the Securities Law, 1968, which may not materialize at all or may materialize partially or differently due to factors outside the control of Veridis or the company.
| 2. The date and time when the corporation first became aware of the event or matter: 01/12/2025 at 18:30 |
|---|
| 3. If the report was delayed – the reason for the delay: |
| 4. On Date/At Time |
☐
Note: 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 can be found on the ISA website: Click here.
Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange.
Short name: DELEK RECHEV
Address: P.O. Box 200, Nir Zvi, 72905
Phone: 08-9139804, 08-9139864 | Fax: 08-9139946
Email: [email protected]
Previous names of the reporting entity: Gal Industries Weissfiler Ltd.
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.
Electronic Signatory Name: Oded Meir Porat Position: Legal Adviser and Company Secretary
Company employed by:
Address: P.O. Box 200, Nir Zvi, 7290500
Phone: 08-9139804 | Fax: 08-9139996 | Email: [email protected]
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