PAZ RETAIL AND ENERGY LTD

Registry Number: 510216054

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Submitted via MAGNA: 01/12/2025

ISA website: www.isa.gov.il TASE website: www.tase.co.il Reference: 2025-01-095205

Statement of Capital Structure, Granting Rights to Purchase Shares, and Securities Register of the Corporation and Their Changes

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

Nature of the Change:

_______, _______, _______.

Redemption and expiration of non-listed employee warrants

Explanation: Briefly describe the nature of the change.

		Reference Numbers of Previous Reports on the Subject:

The Securities Register of the Corporation After the Change:

Name and Type of Security	TASE Security Number	Quantity in Registered Capital	Issued and Paid-up Capital (Previous Report)	Issued and Paid-up Capital (Current)	Quantity Registered in Nominee Company
Ordinary Shares	1100007	30,000,000	13,828,430	13,856,471	11,681,471
Government bonds Series 6	1139542	180,867,782.49	180,867,782.49	180,867,782.49	180,867,782.49
Government bonds Series 7	1142595	801,327,822.19	801,327,822.19	801,327,822.19	801,327,822.19
Government bonds Series 8	1162817	1,255,175,055	1,255,175,055	1,255,175,055	1,255,175,055
Government bonds Series 9	1205947	199,506,000	199,506,000	199,506,000	199,506,000
Warrants (not listed)	1175157	0	408,186	367,479	0
Commercial papers (Series 2)	1231968	400,000,000	400,000,000	400,000,000	400,000,000

Explanation: All securities of the company should be listed, including securities not traded on the exchange.

2. The Corporation Announces That:

From Date: 01/11/2025 To Date: 30/11/2025

A change has occurred in the quantity and register of holders of the company's securities (including rights to purchase shares) due to:

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.

Description of the nature of the change:

Redemption of 40,257 non-listed warrants into 28,041 ordinary shares of the company during the noted period, expiration of 450 nonlisted warrants due to employee departures.

Explanation: Provide all details of the transaction or action causing the change in the company's securities.

Table of Changes in Securities Holders:

1.

Name of Registered Holder: I.B.I. Trust Management Ltd.
Identification Type: Israeli Companies Registrar Number
Identification Number: 515020428
Nature of Change: Other Redemption of employee warrants between the dates specified above
Date of Change: 30/11/2025
Executed via TASE clearing house: No
Type and Name of Security: Employee Warrants (not listed)
TASE Security Number: 1175157
Holder's balance in previous report: 408,186
Holder's balance after the change: 367,929
Net change in securities: 40,257
Was this a grant of rights to purchase shares? No
Total proceeds for issued securities: ______
TASE number for shares from redemption: ______
Number of shares from full redemption/conversion: ______
Total additional proceeds from full redemption/conversion: ______
Period in which warrants can be exercised: ______
From Date: ______ To Date: ______
Securities to be registered for trading: ______
Allocation is follow-up to: ______ Announced on: ______ Reference number: ______
[☑] Security fully paid and consideration received in full.
Security fully paid but consideration not received in full.
Issued for ATM program.
Other: ______

2.

Name of Registered Holder: TASE Nominee Company Ltd

Identification Type: Israeli Companies Registrar Number

Identification Number: 515736817

Nature of Change: Other — Redemption of employee warrants between the dates specified above

Date of Change: 30/11/2025

Executed via TASE clearing house: Yes

Type and Name of Security: Ordinary shares of 5 NIS par value each

TASE Security Number: 1100007

Holder's balance in previous report: 11,653,430

Holder's balance after the change: 11,681,471

Net change in securities: 28,041

Was this a grant of rights to purchase shares? No

Total proceeds for issued securities: ______

TASE number for shares from redemption: ______

Number of shares from full redemption/conversion: ______

Total additional proceeds from full redemption/conversion: ______

Period in which warrants can be exercised: ______

			From Date: To Date:
--	--	--	---------------------	--	--	--

Securities to be registered for trading: ______

Allocation is follow-up to: ______ Announced on: ______ Reference number: ______

[☑] Security fully paid and consideration received in full.

Security fully paid but consideration not received in full.

Issued for ATM program.

Other: ______

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 of Registered Holder: I.B.I. Trust Management Ltd.
Identification Type: Israeli Companies Registrar Number
Identification Number: 515020428
Nature of Change: Expiration
Date of Change: 30/11/2025
Executed via TASE clearing house: No
Type and Name of Security: Employee Warrants (not listed)
TASE Security Number: 1175157
Holder's balance in previous report: 367,929
Holder's balance after the change: 367,479
Net change in securities: 450
Was this a grant of rights to purchase shares? No
Total proceeds for issued securities:
TASE number for shares from redemption:
Number of shares from full redemption/conversion:
Total additional proceeds from full redemption/conversion:

Issued for ATM program. [☑] Other: Expiration

Notes:

1. If the change affects more than one security, specify the impact in a separate line for each security.
1. Change date all changes of the same type in the same security made on one day are aggregated into one line. In this context, distinguish changes via TASE clearing from direct changes in the company's books.
1. For reductions, add the sign "-".

Period in which warrants can be exercised: ______

Security fully paid and consideration received in full.

Security fully paid but consideration not received in full.

Securities to be registered for trading: ______

From Date: ______ To Date: ______

In all quantity fields, specify the number of securities and not the par value in NIS.

Allocation is follow-up to: ______ Announced on: ______ Reference number: ______

3. Summary of Principal Registered Shareholders at the Report Date:

#	Registered Shareholder Name	ID Type	ID Number	TASE Security No.	Share Type and Par Value	Number of Shares	Holding as Trustee
1	Edad Trust Company Ltd.	Israeli Companies Registrar Number	511169781	1100007	Ordinary shares of 5 NIS par value	2,175,000	Yes
2	TASE Nominee Company Ltd.	Israeli Companies Registrar Number	515736817	1100007	Ordinary shares of 5 NIS par value	11,681,471	No

4. Attached: Shareholder Register File as per Section 130 of the Companies Law, 1999

paz_shareholders_register_1122025_isa.pdf

Alt: PDF link to Paz Shareholders Register, as of 1/12/2025.

5. Attached: Updated File of Registers of the Corporation's Securities, including the Option Holders and Bond Holders Registers

paz_securities_register_1122025_isa.pdf

Alt: PDF link to Paz Securities Register, as of 1/12/2025.

Authorized Signatories for the Corporation

#	Name	Role
1	Anat Rothschild	Other: Deputy CEO, Chief Legal Counsel & Corporate Secretary
2	Masha (Maria) Berkovich	Other: Attorney

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), ^a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on the matter can be found on the ISA website: Click here

Additional Information

Previous Names of Reporting Entity: Paz Oil Company Ltd.

Short Name: PAZ ENERGY

Address: Greenwork, Building D, Kibbutz Yakum, 6097200

Telephone: 09-8631103, 09-8631121

Fax: 09-9562159

Email: [email protected]

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

Electronic Signatory: Maria Berkovich

Position: Attorney/Legal Counsel

Company Address: Greenwork D, Yakum, 6097200

Tel: 054-5369439

Email: [email protected]

Securities of the corporation are registered for trading on the Tel Aviv Stock Exchange.

Form update date: 06/08/2024

AI Terminal

Paz Oil Company Ltd.

6977_rns_2025-12-01_5d784af8-7b88-4c03-af7c-a9728c220d57.pdf