Payton Planar

M&A Activity • Aug 31, 2025

PRESS RELEASE Regulated Information Inside Information August 31, 2025 08:00 AM CET

PAYTON PLANAR MAGNETICS Ltd. (the "Company") The contemplated acquisition of the custom electronics manufacturer SI Manufacturing

Ness Ziona (Israel) –

Further to the Company's press release dated March 12, 2025 ("the Previous PR"), regarding the entry by a subsidiary of the Company into, inter alia, a Share Purchase Agreement with SI Manucaturing, Inc., a corporation incorporated under the laws of California, the Company is pleased to update that on August 29, 2025, all required regulatory approvals in the United States have been obtained.

As of the date hereof, not all the conditions precedent to the completion of the Transaction have been fulfilled yet.

Capitalized terms used herein and not otherwise defined, shall have the meanings ascribed to in the Previous PR.

For more information, please visit Payton's website at www.paytongroup.com or contact Michal Lichtenstein, CFO at +972-3-9611164 Michal@paytongroup.com or Nick Orbaen, Dir. at Citigate Dewe Rogerson Belgium + 32 (0) 468 10 06 23 nick.orbaen@citigatedewerogerson.com

About us

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Payton Planar Magnetics Ltd., an Israeli-based high-tech company, designs, manufactures and markets Planetics®, its customized line of planar transformers, conventional transformers and inductors to Original Equipment Manufacturers and their suppliers of power electronics. The group currently employs about 170 people (including executive officers). Planar Magnetic Components are used in end products in various industries, including Telecommunications, cellular infrastructure, welding machines, High-reliability/Avionics, portable equipment and consumer goods. Planar Magnetics is a revolutionary design technology that is superior to conventional transformers and inductors, and has already been accepted by electronics design engineers as the state-of-the-art in high frequency power electronics design. Payton Planar Magnetics is a subsidiary of Payton Industries, headquartered in Israel, and has manufacturing and marketing operations in Israel, United States and in the U.K. Payton Planar Magnetics is publicly traded on the Euronext stock exchange in Brussels (ticker: PAY).