Max Stock Ltd. — Share Issue/Capital Change 2025

Nov 4, 2025

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.

MAX STOCK LTD.

Registrar Number: 513618967

To: Israel Securities Authority To: TEL AVIV STOCK EXCHANGE LTD Form Number: T087 (Public) Filed on MAGNA: 04/11/2025 Reference: 2025-01-083521

Share Capital Status, Grant of Rights to Purchase Shares and Register of Corporate Securities and Changes Therein According to regulation 31e to the Securities Regulations (Immediate Periodic Reports), 1970 According to regulation 31(a) to the Securities Regulations (Immediate Periodic Reports), 1970 According to regulation 31(b1) to the Securities Regulations (Immediate Periodic Reports), 1970 According to regulation 32 to the Securities Regulations (Immediate and Periodic Reports), 1970

Nature of Change: Exercise of non-tradable options according to the option terms

Explanation: Please briefly describe the nature of the change.

Reference Numbers of Previous Reports on the Subject: __________, __________, __________.

1. The Corporation's Securities after the Change:

Name and Type of Security	TASE Security Number	Registered Capital Quantity	Issued and Paid up Capital	Most Recent Filing	Current Quantity	Quantity registered under nominee company
Ordinary Share	1168558	12,342,994,475	143,310,137	143,355,118	143,355,118	143,355,118
MAX STOCK Warrant 2022	1171263	0	1,026,053	969,857	969,857	0

Explanation: List all the company's securities, including those not listed for trading.

1. The Corporation announces: From date: 01/10/2025 To date: 31/10/2025 There was a change in the quantity and the register of holders of securities (including rights to purchase shares) of the corporation as a result of: Allocation of shares due to exercise of warrants

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.

Explanation: Please fully describe the details of the transaction or action which triggered the change in the corporation's securities.

Details Section:

1. Registered Holder the Change Applies To: Name: Altshuler Shaham Trusts Ltd. ID Type: Israeli Companies Registrar Number ID Number: 513901330 Nature of Change: Exercise of options Change Date: 31/10/2025 Processed through TASE Clearing House: No Type and Name of Security: MAX STOCK Warrant 2022 TASE Security Number: 1171263 Holder Balance (Last Report): 1,026,053 Holder Balance (After Change): 969,857 Total Quantity of Securities Increased/Decreased: 56,196 Is this the granting of rights to purchase shares: No

Has the security been fully paid and full consideration received: Yes

1. Registered Holder the Change Applies To: Name: TEL AVIV STOCK EXCHANGE LTD. Nominee Company ID Type: Israeli Companies Registrar Number ID Number: 515736817 Nature of Change: Exercise of options Change Date: 31/10/2025 Processed through TASE Clearing House: No Type and Name of Security: MAX STOCK Ordinary Share TASE Security Number: 1168558 Holder Balance (Last Report): 143,310,137 Holder Balance (After Change): 143,355,118 Total Quantity of Securities Increased/Decreased: 44,981 Is this the granting of rights to purchase shares: No

Has the security been fully paid and full consideration received: Yes

Explanations:

• 1. If the change affects more than one security, specify the impact on a separate row for each security.
• 1. Change Date All changes of the same type, in the same security, performed on one day, will be summed in a single row. For this matter – distinguish between changes carried out through the TASE Clearing House and changes recorded directly in the company books.
• 1. The change for a reduction, add the sign "-".
• 1. All quantity fields must state the number of securities, not NIS par value.
• 1. Key Register of Shareholders as of the report date is as follows:

No.	Name of Registered Shareholder	ID Type	ID Number	TASE Security Number	Share Class and Par Value	Number of Shares	Holding Shares as Trustee
1	TEL AVIV STOCK EXCHANGE LTD. Nominee Company	Israeli Companies Registrar	515736817	1168558	Ordinary Shares No Par Value	143,355,118	No

• 1. Enclosed: Shareholder Register File in accordance with Section 130 of the Companies Law, 1999: 'Shareholders_Register_2025_10_31_isa.pdf'
• 1. Enclosed: Updated file of the securities registers of the corporation, including the warrants and bonds holders registers: 'Securities_Register_2025_10_31_isa.pdf'

Authorized Signatories for the Corporation:

No.	Name	Position
1	Ifat Nir-Katz	Other: Deputy CEO, Chief Legal Advisor, and Company Secretary

Explanation: According to Regulation 5 of the Immediate and Periodic Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. The staff's position on this matter can be found on the authority's website: Click here.

Previous names of reporting entity: MAX HANHALA ISRAEL LTD.

Company Details: Short name: MAX STOCK Address: Hashita 16, POB 3594, Caesarea, 3089900 Phone: 073-7695176 Fax: 04-8241792 Email: ifat@maxstock.co.il Company website: www.maxstock.co.il

Electronic reporter name: Katz Ifat Position: Legal Advisor and Company Secretary Address: Hashita 16, Caesarea 3088900 Phone: 054-4909365 Fax: 04-8241792 Email: ifat@maxstock.co.il

Securities of the corporation are listed for trading on TEL AVIV STOCK EXCHANGE LTD.

Form structure update date: 06/08/2024