Paz Oil Company Ltd.

Share Issue/Capital Change • Nov 25, 2025

Paz Retail and Energy Ltd.

Registry Number: 510216054

To:

• Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd (www.tase.co.il)

Form No.: T087 (Public) Filed on MAGNA: 25/11/2025 Reference: 2025-01-091777

Supplementary Report to the report filed on 24/11/2025, reference number: 2025-01-091356

Main details added/completed:

Proceeds from the issuance have been received.

Capital Status, Grants of Rights to Purchase Shares, and Securities Register of the Corporation and Their Changes

Per Regulation 31E, 31(a), 31(b1), and 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of change:

Issuance of Series Series2 – commercial papers (Series Series2)

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

Name and type of security	Security Number (TASE)	Quantity in registered capital	Issued and paid-up capital	Recorded by nominee company
Ordinary shares	1100007	30,000,000	13,828,430	13,828,430
BONDS Series W	1139542	241,060,695.86	241,060,695.86	241,060,695.86
BONDS Series Z	1142595	958,109,351.81	958,109,351.81	958,109,351.81
BONDS Series H	1162817	1,464,615,000	1,464,615,000	1,464,615,000
BONDS Series T	1205947	199,506,000	199,506,000	199,506,000
Warrants (unlisted)	1175157	0	408,186	408,186
Commercial papers (Series Series2)	1231968	400,000,000	0 → 400,000,000	400,000,000

2. The corporation notifies that:

On date: 24/11/2025

A change occurred in the quantity and the register of owners of the corporation's securities (including rights to purchase shares) as a result of:

"Allocation of NIS 400,000,000 par value commercial papers (Series Series2) per the shelf offering report published by the company on 23.11.2025."

Details of the registered holder for which the change applies:

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.

Registered holder name: Tel Aviv Stock Exchange Clearing House Ltd

ID Type: Israeli Companies Registry Number

ID Number: 515736817

Nature of change: Public issuance

Date of change: 24/11/2025

Operation conducted via clearing house: Yes

Security type and name: Commercial papers (Series Series2)

Security number: 1231968 Holder's previous balance: 0

Holder's balance after change: 400,000,000

Total increase/decrease: 400,000,000 Grant of share purchase rights: No

Total proceeds for issued securities: [Not detailed]

Warrants, exercise period, additional terms: [Not detailed]

Security fully paid and proceeds fully received: Yes

3. Key entries of the share register at report date:

No.	Registered shareholder	ID type	ID number	Security No.	Type and par value	No. of shares	Holds as trustee
1	Edad Trust Company Ltd.	Israeli Companies Registry	511169781	1100007	Ordinary shares of NIS 5 par value	2,175,000	Yes
2	Tel Aviv Stock Exchange Clearing House Ltd.	Israeli Companies Registry	515736817	1100007	Ordinary shares of NIS 5 par value	11,653,430	No

4. Attached file:

• paz_shareholders_register_24112025_isa.pdf
• alt: Paz Shareholders Register as of 24/11/2025 (ISA)

5. Attached file:

• paz_securities_register_24112025_isa.pdf
• alt: Paz Securities Register as of 24/11/2025 (ISA)

Details of the authorized signatories on behalf of the corporation:

No.	Name	Position
1	Anat Rothschild	Other: Deputy CEO, Chief Legal Advisor & Corporate Sec
2	Masha (Maria) Berkovich	Other: Attorney

Additional Details

Previous name of reporting entity: Paz Oil Company Ltd.

Short Name: Paz Energy

Address: Greenwork, Bldg. D, Kibbutz Yakum, 6097200 Phone: 09-8631103, 09-8631121, Fax: 09-9562159

Email: anatr@paz.co.il

Company Website: https://www.paz.co.il/he-IL/home

Electronic Reporter Name: Maria Berkovich

Role: Attorney / Legal Counsel

Phone: 054-5369439 Email: mashab@paz.co.il

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

Form structure update date: 06/08/2024