ELECTRA CONSUMER PRODUCTS (1970) LTD

Registered Number: 520039967

To:

Israel Securities Authority (www.isa.gov.il)

Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form Number: T049 (Public) Filed on magna: 04/01/2026 Reference: 2026-01-001180

Immediate Report on Assembly Results

Regulation 36d to the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 13 to the Securities Regulations (Transaction between a Company and its Controlling Shareholder), 2001

Regulation 22 to the Securities Regulations (Private Offering of Securities in a Listed Company), 2000

Explanation: This form is used to report all types of assemblies

Clarification: This form must be completed for every type of security for which a notice of meeting was published (T-460)

1. Assembly Reference Number:

2025-01-092568

Security number at the exchange that entitled the holder to participate:

5010129

Name on exchange of the entitled security:

Electra Consumer

2. At the assembly

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.

General Annual and Special Meeting held on 01/01/2026, for which a notice was published in form with reference 2025-01-092568

The following subjects and resolutions were on the agenda:

S/N	Agenda Item Number (per Meeting Notice T-460)	Details on the Subject	Resolution Summary	Assembly Decision
1	1	Subject summary: Presentation and discussion of the company's financial statements and board's report for the year ended December 31, 2024. Majority required for approval: Decision classification by sections of the Companies Law (except for sections 275 and 320(w)): Statement: No suitable field for classification Is a transaction with controlling shareholder: No Transaction between the company and its controlling shareholder as stated in sections 275 and 320(w) of the Companies Law. Type of transaction/subject to vote:	-	For reporting only
2	2	Subject summary: Reappointment of the accounting firm Ernst & Young - Kost, Forer, Gabbay & Kasierer, accountants, as the company's auditor and reporting on its fee in 2024. Majority required for approval: Regular majority Decision classification by sections of the Companies Law (except for sections 275 and 320(w)): Statement: No suitable field for classification Is a transaction with controlling shareholder: No Transaction between the company and its controlling shareholder as stated in sections 275 and 320(w) of the Companies Law. Type of transaction/subject to vote:	To reappoint Ernst & Young - Kost, Forer, Gabbay & Kasierer, accountants, as the company's auditor.	Approve
3	3	Subject summary: Reappointment of Mr. Daniel Zalkind as director in the company for another term on the same terms of service. Majority required for approval: Regular majority Decision classification by sections of the Companies Law (except for sections 275 and 320(w)): Appointment or dismissal of director as stated in sections 59 and 230 of the Companies Law Is a transaction with controlling shareholder: No Transaction between the company and its controlling shareholder as stated in sections 275 and 320(w) of the Companies Law. Type of transaction/subject to vote:	To reappoint Mr. Daniel Zalkind as director in the company for another term on the same terms of service.	Approve
4	4	Subject summary: Reappointment of Mr. Michael Zalkind as director in the company for another term on the same terms of service. Majority required for approval: Regular majority Decision classification by sections of the Companies Law (except for sections 275 and	To reappoint Mr. Michael Zalkind as director in the company for another term on the same terms of service.	Approve

S/N	Agenda Item Number (per Meeting Notice T-460)	Details on the Subject	Resolution Summary	Assembly Decision
		320(w)): Appointment or dismissal of director as stated in sections 59 and 230 of the Companies Law Is a transaction with controlling shareholder: No Transaction between the company and its controlling shareholder as stated in sections 275 and 320(w) of the Companies Law. Type of transaction/subject to vote:
5	5	Subject summary: Reappointment of Mr. Avraham Israeli as director in the company for another term on the same terms of service. Majority required for approval: Regular majority Decision classification by sections of the Companies Law (except for sections 275 and 320(w)): Appointment or dismissal of director as stated in sections 59 and 230 of the Companies Law Is a transaction with controlling shareholder: No Transaction between the company and its controlling shareholder as stated in sections 275 and 320(w) of the Companies Law. Type of transaction/subject to vote:	To reappoint Mr. Avraham Israeli as director in the company for another term on the same terms of service.	Approve
6	6	Subject summary: Appointment of Mr. Yitzhak Zinger as Independent Director in the company from the date of assembly approval, and approval of his terms of office as detailed in the meeting invitation report. Majority required for approval: Regular majority Decision classification by sections of the Companies Law (except for sections 275 and 320(w)): Appointment or dismissal of director as stated in sections 59 and 230 of the Companies Law Is a transaction with controlling shareholder: No Transaction between the company and its controlling shareholder as stated in sections 275 and 320(w) of the Companies Law. Type of transaction/subject to vote:	To appoint Mr. Yitzhak Zinger as independent director in the company, valid from the assembly approval date, and to approve his terms of office as detailed in the meeting invitation report.	Approve
7	7	Subject summary: Appointment of Ms. Irit Stern as External Director in the company for a first term of three (3) years, starting February 18, 2026, and approval of her terms of office as detailed in the meeting invitation report. Majority required for approval: Not a regular majority Decision classification by sections of the Companies Law (except for sections 275 and 320(w)): Appointment / extension of tenure of external director as stated in sections 239(b) or 245 of the Companies Law	To appoint Ms. Irit Stern as external director in the company for a first term of three (3) years, effective from February 18, 2026, and to approve her terms of office as detailed in the meeting invitation report.	Approve

S/N	Agenda Item Number (per Meeting Notice T-460)	Details on the Subject	Resolution Summary	Assembly Decision
		Is a transaction with controlling shareholder: No Transaction between the company and its controlling shareholder as stated in sections 275 and 320(w) of the Companies Law. Type of transaction/subject to vote:

Details of votes on decisions that required more than a regular majority

Agenda Item 7: Appointment of Ms. Irit Stern as External Director

Field	Quantity	For	For (%)	Against	Against (%)
Total Voting Rights	23,194,154
Shares/Securities Participated in Vote	21,635,107.55
Shares/Securities Counted in Vote	21,633,953.55	21,605,434.55	99.87	28,519.00	0.13
Shares/Securities in vote not classified as personal interest (1)	11,094,727.55	11,066,208.55	99.74	28,519.00	0.26

⁽¹⁾ Number of shares/securities that participated in the vote and were not classified as shares where owners have ^a personal interest or are held by ^a controlling shareholder. For the appointment of external directors, this means not having ^a personal interest in approving the appointment, except for ^a personal interest not due to relations with the controlling shareholder.

Additional explanation: Quantity of 1,154 shares abstained in the vote.

Percentage of votes in favor of approval among voters who are not controlling shareholders or do not have a personal interest: 99.74%

Percentage of voters against out of all voting rights in the company: 0.12%

Company classified a shareholder who voted against as not having a personal interest: No Company classified a shareholder differently than the shareholder classified themselves: No

3. Details of institutional investors, interested parties, or senior officers who voted at the meeting:

File in TXT format: 49_2025-01-092568.txt

Note: Use the "Voting Results Processing" tool to assist in producing the required reporting details. Responsibility for accuracy and completeness lies solely with the reporting corporation. Aids for processing voting results can be downloaded from the Authority's website: here

4. This report is a follow-up to the detailed report(s) below:

Report	Publication Date	Reference Number

Details of authorized signatories on behalf of the corporation:

#	Name	Position
1	Tzvika Schwimmer	CEO
2	Liat Shoham	CFO

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed according to these regulations must be signed by those authorized to sign on behalf of the corporation. For Staff's position on the matter, see here

To the best of the company's knowledge:

To the best of the company's knowledge, among the voters (who have no personal interest) and the company, no further connections exist, except negligible ties and those in the course of the company's regular business with its controlling shareholders or its senior officers, which generally do not constitute grounds for suspicion of a personal interest, including investment or holding of securities of Elco Ltd. group companies and management of funds for the company or its controlling shareholders or senior officers.

Previous names of the reporting entity:

Elco Properties Ltd., Electra Consumer Products Ltd., Electra Industries 1970 Ltd.

Securities of the company are listed on the Tel Aviv Stock Exchange

Short name: Electra Consumer

Address: 1 Yosef Sapir St., Rishon LeZion, 7570460 Phone: 03-9530920 Fax: 03-9612664 Email: [email protected] Company

Website: www.electra-consumer.co.il

Electronic reporter name: Merav Kainan Wagner

Position: External Legal Counsel Employer: Goldfarb Seligman & Co., Attorneys

Contact address: 98 Yigal Alon St., Tel Aviv, 6789141 Tel: 03-6089816 Fax: 03-6089908 Email: [email protected]

Form structure update date: 06/08/2024

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

No images were included in the original document.

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Electra Ltd.

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