OY Nofar Energy Ltd.

Major Shareholding Notification • Dec 25, 2025

O.Y. NOFAR ENERGY LTD

Registry Number: 514599943

To:

• Israel Securities Authority
• Tel Aviv Stock Exchange Ltd
• Form T079 (Public)

Filed on MAGNA: 25/12/2025 Reference: 2025-01-103641

Immediate Report Regarding a Person Who Ceased to be an Interested Party in the Corporation

According to Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: In every place referring to an interested party, this also means a holder of a significant means of control in a banking corporation without a controlling core.

1. Holder Details:

	First Name:
	First Name in English as Appears in Passport: Last Name/Corporation Name: Harel Insurance Investments & Financial Services Ltd Last /Name Corporation in Name Hebrew מ : ננסיים בע" ושירותים פי עות בביטוח הראל השק
	Type of Identification Number: Company registration number in Israel
	Identification Number: 520033986
	Citizenship/Country of Incorporation or Registration: Incorporated in Israel
	Country of Citizenship/Incorporation:
	Address: 3 Aba Hillel, Ramat Gan
	Is the holder acting as a representative for this disclosure for other shareholders holding securities of the corporation together with him?: Yes
2.	Details of the Action That Resulted in the Holder Ceasing to be an Interested Party in the Corporation:
	Nature of Action: Decrease
	Due to: Sale on the Stock Exchange
	Additional Details:
	Name and Type of Security Subject to the Action: Nofar MeR
	Security Number on the Stock Exchange: 1170877
	Date the Action was Carried Out: 30/11/2025
	Quantity of Securities Subject to the Action: 841,864
	Price at Which the Action Was Carried Out: 9,494.12 agorot
	Other:
	Are these dormant shares or securities convertible into dormant shares?: No
	Has the entire consideration been paid at the time of the change?: Yes
	If not, please indicate the payment completion date:
3.	(A) Holdings After the Action:

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.

Name, Type & Series of Security	Security No.	Quantity	Dormant	Holding Percentage: Equity	Holding Percentage: Voting	Fully Diluted: Equity	Fully Diluted: Voting
Nofar MeR	1170877	1,285,509	No	3.38	3.38	3.14	3.14
Nofar Bonds 1	1179340	11,663,156.68	No	0	0	0	0
Nofar Energy Bonds 2	1198035	2,425,084	No	0	0	0	0
Nofar Energy Bonds 3	1198043	126,520,744.75	No	0	0	0	0
Nofar Bonds 4	1211416	85,380,707	No	0	0	0	0

(B)

• The holder is not a member of an institutional reporting group.
• The holder is not a member of an institutional reporting group, but serves/served as an officer in the company who is not a CEO or director and was not an interested party by virtue of his holdings.
• The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Permitted Assets for Fund Holding), 1995.
• The hedge fund has the right to appoint a director or its representative to the company's Board of Directors: _________
• Checked: The holder is a member of an institutional reporting group. Details of his holdings are as follows:

Holder Type	Security Name & Type	Security No.	Quantity	Dormant
Pension Funds and Fund Management Companies	Nofar MeR	1170877	470,825	No
Mutual Fund Management Companies	Nofar MeR	1170877	814,377	No
Nostro Account	Nofar MeR	1170877	307	No
Mutual Fund Management Companies	Nofar Bonds 1	1179340	11,837,744.06	No
Nostro Account	Nofar Bonds 1	1179340	174,587.38	No
Mutual Fund Management Companies	Nofar Energy Bonds 2	1198035	2,425,084	No
Mutual Fund Management Companies	Nofar Energy Bonds 3	1198043	48,298,766.2	No
Pension Funds and Fund Management Companies	Nofar Energy Bonds 3	1198043	77,402,353.95	No
Nostro Account	Nofar Energy Bonds 3	1198043	819,624.6	No
Mutual Fund Management Companies	Nofar Bonds 4	1211416	47,052,240	No
Pension Funds and Fund Management Companies	Nofar Bonds 4	1211416	38,317,000	No
Nostro Account	Nofar Bonds 4	1211416	11,467	No

Explanations:

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. If the interested party holds more than one class of securities, holding percentages should be calculated taking into account all securities held, indicated in only one row.
• 1. Report should also include holdings of other securities, including those not listed for trading.
• 1. If the interested party is a subsidiary, holdings should be split into holdings acquired before and after the Companies Law, 1999 entered into force.
• 1. Where the holder is not a member of an institutional reporting group, only section 3A should be completed; if the holder is a member, both sections 3A and 3B must be completed.
• Please specify whether these are dormant shares or securities convertible into dormant shares.

4. Additional Details:

In section 3 above, the nostro holdings in Bonds 1 are negative (short transactions). The holdings listed under pension funds include direct holdings of the pension funds in security 1170877, holdings of the partnership "Beta Israel ETF Shares Partnership" ("the partnership"), and holdings of the partnership "Harel Amittim Israel Shares" ("the partnership"). These partnerships are registered in the register of partnerships, and all right holders are members of Harel's institutional reporting group. The partnerships themselves are not fund management companies. According to the partnership agreements among the rights holders, the holding rate of the rights holders in the partnerships changes periodically, according to the mechanism set out in the partnership agreements.

5. Date and Time the Corporation First Learned of the Event or Matter

Date: 25/12/2025 Time: 13:00

Details of the authorized signatories on behalf of the corporation:

Name	Role	Additional Role
Tamar Fishman Yudkovich	Other	Deputy Legal Counsel

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: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed under these regulations must be signed by persons 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

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

Short Name: Nofar Energy

Address: 1 HaTachana Street, Kfar Saba, 4453001

Phone: 09-3750003, Fax: 08-3750061

Email: ofer@nofar-energy.co.il

Company Website: www.nofar-energy.com

Previous names of reporting entity:

Electronic signatory name: Yanai Ofer Yosef

Role: Acting CEO and Director Employer company name:

Address: 1 HaTachana Street, Kfar Saba, 4453001

Phone: 09-3750003 Fax: 08-3750061

Email: ofer@nofar-energy.co.il

Form structure updated on: 04/02/2025