Max Stock Ltd. — Share Issue/Capital Change 2026

Jun 3, 2026

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.

Number in the Companies Register: 513618967

To: Israel Securities Authority
To: Tel Aviv Stock Exchange Ltd.
T087 (Public)
Filed on MAGNA: 03/06/2026

www.isa.gov.il
www.tase.co.il
Reference: 2026-01-053010

Capital status, granting of rights to purchase shares and the corporation's securities registers and the changes therein
Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970
Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970
Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970
Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Nature of the change: Exercise of non-tradeable warrants in accordance with the terms of the warrants
Explanation: Briefly describe the nature of the change

Reference numbers of previous reports on the matter: _, _, ____.

1. The corporation's securities position after the change:

Name and type of security	Security number on the stock exchange	Amount in registered capital	Issued and paid-up capital		Amount registered in the name of the Registration Company
			Amount in last report	Current amount
Ordinary share	1168558	12,342,994,475	143,435,485	143,546,175	143,546,175
Max Stock Warrant 2022	1171263	0	878,807	762,480	0

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

1. The corporation announces that:

☐ On the date ____
☐ From date 01/05/2026 to date 31/05/2026

☐ There was a change in the quantity and in the register of the corporation's securities holders (including rights to purchase shares) as a result of:

Description of the nature of the change Allocation of shares due to exercise of warrants

Explanation: Describe all the details of the transaction or action which caused the change in the corporation's securities.

Name of the registered holder for whom the change occurred: Altshuler Shaham Trusts Ltd.

Type of identification number: Number in the Israeli Companies Register
Identification number: 513901330

Nature of the change: Exercise of warrants ____

Date of change: 31/05/2026
Executed via the stock exchange clearing house: No

Type and name of security in which the change occurred: Max Stock Warrant 2022

Security number on the stock exchange: 1171263

Holder's balance in the security in the last report: 878,807

Holder's balance in this security after the change: 762,480

Total quantity of securities in which there was a decrease/increase: 116,327

Is this a grant of rights to purchase shares No

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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.

Total consideration for the securities allocated: _ The stock exchange number of the share that will result from the exercise of the security: _ Number of shares that will result from full exercise/conversion of the security: _ Total exercise premium that will be received from full exercise/conversion of the security into shares: _ Period in which the security can be exercised: __ From _until _ The allocated securities will be registered for trading: _ The said allocation of securities is further to ___published on ___and its reference number is _ ☐ The security has been fully paid up and the consideration was received in full. ☐ The security has been fully paid up, but the consideration has not been received in full. ☐ Issued for an ATM program ☐ Other. ____

Name of the registered holder for whom the change occurred: The Tel Aviv Stock Exchange Registration Company Ltd. 2 Type of identification number: Number in the Israeli Companies RegisterIdentification number: 515736817 Nature of the change: Exercise of warrants _ Date of change: 31/05/2026Executed via the stock exchange clearing house: No Type and name of security in which the change occurred: Max Stock ordinary share Security number on the stock exchange: 1168558 Holder's balance in the security in the last report: 143,435,485 Holder's balance in this security after the change: 143,546,175 Total quantity of securities in which there was a decrease/increase: 110,690 Is this a grant of rights to purchase shares No Total consideration for the securities allocated: _ The stock exchange number of the share that will result from the exercise of the security: _ Number of shares that will result from full exercise/conversion of the security: _ Total exercise premium that will be received from full exercise/conversion of the security into shares: _ Period in which the security can be exercised: __ From _until _ The allocated securities will be registered for trading: _ The said allocation of securities is further to _published on ___and its reference number is _ ☐ The security has been fully paid up and the consideration was received in full. ☐ The security has been fully paid up, but the consideration has not been received in full. ☐ Issued for an ATM program ☐ Other. ____

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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.

Explanations:

1. If the change affects more than one security, specify the impact of the change in a separate line for each security.
2. Date of change - all changes of the same type, in the same security, carried out on one day, will be summarized in one line. For this purpose - changes executed through the stock exchange clearing house must be separated from changes carried out directly in the company's books.
3. The change - for a decrease, add the sign "-".
4. In all quantity fields, enter the quantity of securities and not NIS par value.

There was a change only in the register of the corporation's securities holders (without a change in the quantity of the corporation's securities) as a result of:

Description of the nature of the change

Explanation: Describe all the details of the transaction or action which caused the change in the register

1 Name of the registered holder for whom the change occurred:

Type of identification number: _ Identification number: _

Date of change: __ Executed via the stock exchange clearing house:

Type and name of security in which the change occurred:

Security number on the stock exchange:

Quantity of the change:

Holder's balance in this security after the change:

1. The main shareholders' register as of the report date is as follows:

No.	Name of the registered shareholder	Type of identification number	Identification number	Security number on the stock exchange	Type of shares and their par value	Number of shares	Holds the shares as trustee
1	The Tel Aviv Stock Exchange Registration Company Ltd.	Number in the Israeli Companies Register	515736817	1168558	Ordinary shares without par value	143,546,175	No

1. Attached is the shareholders' register file in accordance with the provisions of section 130 of the Companies Law, 5759 - 1999 Shareholders_Register_May_2026_isa.pdf
2. Attached is an updated file of the corporation's securities registers, including the warrant holders' register and the BONDS holders' register Holders Register May 2026.isa.pdf

Details of the signatories authorized to sign on behalf of the corporation:

	Name of signatory	Position
1	Yifat Nir-Katz	Other VP, Chief Legal Counsel and Company Secretary

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730 - 1970), a report submitted pursuant to these regulations shall be signed by those authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the ISA website: Click here.

Reference numbers of previous documents on the matter (the reference does not constitute inclusion by way of reference):

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange

Form structure update date:

06/08/2024

Short name: Max Stock

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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.

Address: HaShita16, P.O. Box 3594, Caesarea3089900 Telephone: 073-7695176, Fax: 04-8241792

Email: ifat@maxstock.co.il Company website: www.maxstock.co.il

Previous names of reporting entity: Max Management Israel Ltd.

Name of electronic reporter: Katz Yifat Position: VP, Legal Counsel and Company Secretary Name of employing company:

Address: HaShita16, Caesarea3088900 Telephone: 054-4909365 Fax: 04-8241792 Email: ifat@maxstock.co.il