Kamada Ltd. — Director's Dealing 2026

Mar 22, 2026

E

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person Tsur David		2. Date of Event Requiring Statement (Month/Day/Year) 03/16/2026	3. Issuer Name and Ticker or Trading Symbol KAMADA LTD [ KMDA ]
(Last) (First) (Middle) 16 LERER ST.			4. Relationship of Reporting Person(s) to Issuer (Check all applicable) ☑ Director 10% Owner Officer Other (give title below) (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
(Street) NESS-ZIONA L3 7404984				6. Individual or Joint/Group Filing (Check Applicable Line) ☑ Form filed by One Reporting Person ☑ Form filed by More than One Reporting Person
Table I – Non-Derivative Securities Beneficially Owned
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1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	607,929	D
Table II – Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options to purchase Ordinary Shares(1)	03/25/2021	09/25/2026	Ordinary Shares	6,625
Options to purchase Ordinary Shares(1)	03/25/2022	09/25/2026	Ordinary Shares	6,625
Options to purchase Ordinary Shares(1)	03/25/2023	09/25/2026	Ordinary Shares	6,625
Options to purchase Ordinary Shares(1)	12/22/2023	06/22/2029	Ordinary Shares	7,500
Options to purchase Ordinary Shares(1)	03/25/2024	09/25/2026	Ordinary Shares	6,625
Options to purchase Ordinary Shares(1)	12/22/2024	06/22/2029	Ordinary Shares	7,500
Options to purchase Ordinary Shares(1)	12/22/2025	06/22/2029	Ordinary Shares	7,500
Options to purchase Ordinary Shares(1)	12/22/2026	06/22/2029	Ordinary Shares	7,500

Explanation of Responses:

1. These options to purchase ordinary shares are exercisable using a net-exercise method.
2. All exercise prices presented in U.S. dollars represent a convenience translation from NIS based on the representative exchange rate of the Bank of Israel as of March 13, 2026.

/s/ David Tsur

03/16/2026

** Signature of Reporting Person

Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 5(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.