OY Nofar Energy Ltd. — M&A Activity 2026

Mar 4, 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. .

O.Y. Nofar Energy Ltd. (the "Company")

March 04, 2026

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

To:
Tel Aviv Stock Exchange Ltd.
www.tase.co.il

Dear Sir/Madam,

Subject: Completion of agreement for the acquisition of control in Alumini Capital Ltd.

Further to the immediate report of the Company dated December 16, 2025¹, regarding the Company's engagement in an agreement for the purchase of approximately 45.85% of the issued and paid-up share capital of Alumini Capital Ltd. ("Alumini" and the "Acquisition Agreement", respectively), the Company is pleased to update that all the suspensory conditions for the completion of the Acquisition Agreement have been met and therefore the transaction has been completed.

The acquisition was partially financed through a loan² from a leading banking corporation in Israel (the "Loan"). To secure the repayment of the Loan, a first-degree fixed charge on Alumini shares was placed in favor of the banking corporation, among other things.

Sincerely,

O.Y. Nofar Energy Ltd.

By: Ofer Yannay, CEO and Director

¹ Reference No.: 2025-01-100448
² The loan was granted to Nofar Energy Europe partnership, a limited partnership, wholly owned by the Company. The Company will serve as a guarantor for the obligations to the banking corporation in connection with the loan.

3/A/2026 | 8:17:28 PM