Kamada Ltd. — Director's Dealing 2026

Mar 23, 2026

E

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number: 3235-0104

Estimated average

burden hours

per response

0.5

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* Davidi Ishay	2. Date of Event Requiring Statement (Month/Day/Year) 03/23/2026	3. Issuer Name and Ticker or Trading Symbol KAMADA LTD [ KMDA ] 3a. Foreign Trading Symbol
(Last)	(First)	(Middle)
94 YIGAL ALON ST., ALON TOWER 2.
(Street)
TEL AVIV	6789139
(City)	(State)	(Zip/Postal Code)
ISRAEL
(Country)
Table I – Non-Derivative Securities Beneficially Owned
---	---	---
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)
Ordinary Shares	22,084,287	I
Table II – Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
---	---	---
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)
	Date Exercisable	Expiration Date
Options to purchase Ordinary Shares(2)	03/25/2021	09/25/2026
Options to purchase Ordinary Shares(2)	03/25/2022	09/25/2026
Options to purchase Ordinary Shares(2)	03/25/2023	09/25/2026
Options to purchase Ordinary Shares(2)	12/22/2023	06/22/2029
Options to purchase Ordinary Shares(2)	03/25/2024	09/25/2026
Options to purchase Ordinary Shares(2)	12/22/2024	06/22/2029
Options to purchase Ordinary Shares(2)	12/22/2025	06/22/2029
Options to purchase Ordinary Shares(2)	12/22/2026	06/22/2029

Explanation of Responses:

1. FIMI Opportunity Fund 6, L.P., FIMI Israel Opportunity Fund 6, Limited Partnership, FIMI Opportunity 7, L.P. and FIMI Israel Opportunity Fund 7, Limited Partnership
2. These options to purchase ordinary shares are exercisable using a net-exercise method
3. 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/ Ishay Davidi

03/23/2026

** 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.