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Max Stock Ltd.

Major Shareholding Notification Dec 24, 2025

6906_rns_2025-12-24_f55530e9-b50f-41fb-9088-db514a8c3bbc.pdf

Major Shareholding Notification

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MAX STOCK LTD.

Registry Number: 513618967

To: Israel Securities Authority | www.isa.gov.il

And to: Tel Aviv Stock Exchange Ltd. | www.tase.co.il Form Number: T076 (Public) Date filed with MAGNA: 24/12/2025 Confirmation

number: 2025-01-102852

Immediate Report on Changes in Holdings of Interested Parties and Senior Officeholders

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting changes in holdings of the securities of the reporting corporation only. To report changes in holdings in securities of a subsidiary whose operations are significant to the reporting corporation, use Form T121.

1. Holder Name: Dagan Nir

version. For more information, please review the legal disclaimer.
Type of identification: Identity card number
Holder's ID: 043376904
Holder type: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings
Does the hedge fund have the right to appoint a director or its representative to the board of the company:
Is the holder acting as a representative for several shareholders for the purpose of reporting holdings in securities of the
corporation: No
Name of the controlling shareholder of the interested party: -
Identification number of the controlling shareholder in the interested party: -
Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship
Country of citizenship/incorporation:
TASE security number: 1171263
Name and type of security: Max Stock AP2020 option for share
Nature of change: Decrease, Other
Details: Exercise of options
Note: Purchase or sale on the stock exchange by way of a matched transaction (as defined in the third part of the stock exchange
regulations) is classified as an off-exchange transaction with appropriate disclosure
One transaction
Date of change: 23/12/2025
Transaction rate: 123.45 Agorot
Are these dormant shares or securities convertible into dormant shares: No

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

Previous balance (number of securities): 1,000 (0.11% of total of same class last reported) Change in number of securities: 500 (-)

Current balance (number of securities): 500 (0.06% of total of same class)

Holding rate after change: Capital: 0% | Voting rights: 0%

Explanation: Holding rate after change does not refer to convertible securities

Holding rate after change – on full dilution: Capital: 0% | Voting rights: 0%

Note number: _________

2. Holder Name: Dagan Nir

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.
Type of identification: Identity card number
Holder's ID: 043376904
Holder type: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings
Does the hedge fund have the right to appoint a director or its representative to the board of the company:
Is the holder acting as a representative for several shareholders for the purpose of reporting holdings in securities of the
corporation: No
Name of the controlling shareholder of the interested party: -
Identification number of the controlling shareholder in the interested party: -
Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship
Country of citizenship/incorporation:
TASE security number: 1168558
Name and type of security: Max Stock Ordinary Share
Nature of change: Increase, Other
Details: Exercise of options
Note: Purchase or sale on the stock exchange by way of a matched transaction [same as previous]

One transaction

Date of change: 23/12/2025

Transaction rate: 2,552.62 Agorot

Are these dormant shares or securities convertible into dormant shares: No

Previous balance: 0 (0%)

Change in number of securities: 476 (+)

Current balance: 476 (0%)

Holding rate after change: Capital: 0% | Voting rights: 0%

Explanation: Holding rate after change does not refer to convertible securities

Holding rate after change – on full dilution: Capital: 0% | Voting rights: 0%

Note number: _________

3. Holder Name: Dagan Nir

...

TASE security number: 1168558

Name and type of security: Max Stock Ordinary Share

Nature of change: Decrease, Other Details: Due to sale on the exchange

...

Change in number of securities: 476 (-)

Current balance: 0 (0%)

...

4. Holder Name: Edri Ofir

...

TASE security number: 1171263

Name and type of security: Max Stock AP2020 option for share

Nature of change: Decrease, Other

Details: Exercise of options

...

Previous balance: 71,999 (7.33%)

Change in number of securities: 12,000 (-)

Current balance: 59,999 (6.75%)

...

Holding rate after change – on full dilution: Capital: 0.04% | Voting rights: 0.04%

5. Holder Name: Edri Ofir

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.

...

TASE security number: 1168558

Name and type of security: Max Stock Ordinary Share

Nature of change: Increase, Other

Details: Exercise of options

...

Change in number of securities: 11,417 (+)

Current balance: 11,417 (0%)

...

Holding rate after change – on full dilution: Capital: 0.04% | Voting rights: 0.04%

6. Holder Name: Edri Ofir

...

TASE security number: 1168558

Name and type of security: Max Stock Ordinary Share

Nature of change: Decrease, Other Details: Due to sale on the exchange

...

Change in number of securities: 11,417 (-)

Current balance: 0 (0%)

...

Holding rate after change – on full dilution: Capital: 0.04% | Voting rights: 0.04%

Additional Remarks

Note: If 'increase due to forced purchase of lent securities' or 'decrease due to forced sale of lent securities' is selected, then lent securities not returned to the lender are therefore considered a forced purchase/sale.

Annotations Table

No. Note
1
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.
  1. Was full consideration paid on the date of the change? Yes If not, please indicate the date of payment completion: _________

  2. If the change was by signing a lending deed, please indicate the details regarding the conclusion of the lending: _________

Explanation: Please indicate the holding percentages taking into account all securities held by the interested party.

  1. The date and time the company first learned of the event/issue: 23/12/2025, time: 17:59

  2. Details of actions causing the change: _________

Authorized Signatories for the Corporation:

  1. Name: Yifat Nir Katz Position: Other

Details: Deputy CEO, Chief Legal Advisor, and Corporate Secretary

Explanation: According to Regulation 5 to the Periodic and Immediate Reports Regulations (1970), a report submitted in accordance with these regulations shall be signed by those authorized to sign on behalf of the corporation. ISA staff position can be found on the

ISA website: Click here

Previous names of reporting entity: Max Management Israel Ltd.

Short name: Max Stock

Address: Hashita 16, POB 3594, Caesarea 3089900

Telephone: 073-7695176 | Fax: 04-8241792 Email: [email protected] | Website: www.maxstock.co.il

Electronic signatory name: Katz Yifat

Position: Deputy CEO, Chief Legal Advisor, Company Secretary Employing company name:

Address: Hashita 16, Caesarea 3088900 | Telephone: 054-4909365 | Fax: 04-8241792 | Email: [email protected]

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.

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

Form structure update date: 04/02/2025

End of report.

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