Ratio Petroleum Energy LP — Major Shareholding Notification 2026

Mar 9, 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.

Ratio Energies - Limited Partnership
RATIO ENERGIES - LIMITED
Registration number: 550012777
Corrected by:
To: Israel Securities Authority
www.isa.gov.il
www.tase.co.il
Filed via MAGNA: 09/03/2026
Reference: 2026-01-020835
Corrected by:
To: Tel-Aviv Stock Exchange Ltd.
T078 (Public)
Filed via MAGNA: 09/03/2026
Reference: 2026-01-020835
Regulation number: 550012777
Regulation name:
Corrected by:
To: Israel Securities Authority
www.isa.gov.il
www.tase.co.il
Filed via MAGNA: 09/03/2026
Regulation number: 550012777
Corrected by:
To: Israel Securities Authority
www.isa.gov.il
www.tase.co.il
Filed via MAGNA: 09/03/2026
Regulation number: 550012777

Immediate report on a person who became an interested party in the corporation

Regulation 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 1970

1. Details of the holder:

First name: ____

First name in English as it appears in the passport: ____

Surname/Name of corporation: Migdal Insurance and Financial Holdings Ltd.

Surname/Name of corporation in English: Migdal Insurance and Financial Holdings Ltd

Type of identifying number: Number at the Israeli Registrar of Companies ☐ The holder is a corporation

Identifying number: 520029984

Citizenship/ Country of incorporation or registration: Incorporated in Israel

Country of citizenship/ incorporation or registration: ____

Address: 4 Efal, Petah Tikva

Is the holder acting as a representative for the purpose of reporting for a number of shareholders who hold securities of the corporation together with him: Yes

Name of the controlling shareholder in the interested party: Mr. Shlomo Eliahu

Identification number of the controlling shareholder in the interested party: 043661602

2. Details of the transaction following which the holder became an interested party in the corporation:

a. Nature of the transaction Increasedue to purchase on the stock exchange

b. Name and type of security that is the subject of the transaction: Participating units

c. Security number on the stock exchange: 394015

d. Date of execution of the transaction 05/03/2026

e. Quantity of securities that are the subject of the transaction: 196,766

f. Price at which the transaction was made: 494.14agorot

g. Whether they are dormant shares or securities convertible into dormant shares No

h. Whether the full consideration was paid at the date of the change Yes

If the full consideration was not paid at the date of the change, please specify the date of completion of the payment

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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. a. Holdings of the interested party after the transaction:

Name, type and series 330' of the security	Security number on the stock exchange	Quantity of securities	Dormant*	Holding percentage		Holding percentage (full dilution)
				% Capital	% Voting	% Capital	% Voting
Participating units	394015	56,245,535	No	5.00	5.00	4.99	4.99

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 as a senior officer who is not a CEO or director and is not an interested party by virtue of his holdings.

☐ The holder is a hedge fund as defined in the Joint Investment Trust (Assets that may be purchased and held in a fund and their maximum percentages) Regulations, 1994.

☐ The hedge fund has the right to appoint a director or its representative on the company's board of directors

☐ The holder is a member of an institutional reporting group.

Details of its holdings are as follows:

The holder	Name, type and series 330' of the security	Security number on the stock exchange	Quantity of securities	Dormant
Profit-participating life insurance accounts	Participating units	394015	30,625,338	No
Companies managing mutual funds	Participating units	394015	25,620,197	No

Explanations:

1. If the interested party holds more than one type of security, the holding percentages, taking into account all the securities held by him, should be indicated in only one of the rows.
2. It is also necessary to report on the holding of other securities, including other securities that are not listed for trading.
3. In a case where the interested party is a subsidiary, the holdings must be split into shares purchased prior to the entry into force of the Companies Law, 1999, and shares purchased after its entry into force.
4. When the holder is not a member of an institutional reporting group, only section 3a should be completed. When the holder is a member of an institutional reporting group, sections 3a and 3b should be completed.
5. If the interested party is a corporation wholly owned (100%) by a single controlling shareholder, the "Name of holder" field should state the name of the single controlling shareholder and, in the notes at the bottom of the form, the details of the corporation or corporations through which the shares are held shall be provided, together with any other relevant detail. In contrast, if the interested party is a corporation held by more than one controlling shareholder, or held by several interested parties, the "Name of holder" field should state the name of the holding corporation and, in the notes at the bottom of the form, the details of the controlling shareholders or interested parties holding the holding corporation shall be provided.
6. A report regarding a holder of a material means of control in a banking corporation without a core controlling interest shall be reported on form T121.

7. It should be indicated whether these are dormant shares or securities convertible into dormant shares

8. ☐ The interested party does not hold shares or other securities in a held company, if its activity is material to the activity of the reporting corporation

☐ The interested party holds shares or other securities in a held company, if its activity is material to the activity of the reporting corporation, as detailed below:

1 Name of the held company if its activity is material to the activity of the reporting corporation:

Type of identifying number: ____

Identifying number: ____

Country of incorporation or registration: _ Country: _

Nature of the relationship with the reporting corporation:

Type of security: _ Security number: _

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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.

Quantity of securities: ____

Holding percentage out of all the securities of that type: $\%$

Holding percentage in the capital: $\%$ Holding percentage in voting power: $\%$

5. Additional details:

The partnership was informed that the change was carried out in a number of transactions, the transaction price being an average price. To the best of the partnership's knowledge, as of the reporting date, Mr. Shlomo Eliahu is the ultimate controlling shareholder of the company and holds $45.5\%$ of the issued and paid-up share capital of the company [the "share capital"], through Eliyahu Issues Ltd. Eliyahu Issues Ltd. is a company wholly owned by Eliyahu 1959 Ltd. To the best of the company's knowledge, the shareholders of Eliyahu 1959 Ltd. are: Mr. Shlomo Eliahu, who holds $25.14\%$ of the capital and $98\%$ of the management shares; Mrs. Chaya Eliahu, who holds $0.02\%$ of the capital and $2\%$ of the management shares; Shlomo Eliahu Holdings Ltd., which holds $61.7\%$ of the capital; Achim Eliahu Trust and Investments Ltd., which holds $13.14\%$ of the capital. The shareholders of Shlomo Eliahu Holdings Ltd. are Mr. Shlomo Eliahu, who holds $83.31\%$ , and Mrs. Chaya Eliahu, who holds $16.69\%$ . The sole shareholder in Achim Eliahu Trust and Investments Ltd. is Eliyahu 1959 Ltd., whose shareholders are the shareholders listed above. Additional details regarding the holdings for profit-participating life insurance accounts: Type of holder: Profit-participating life insurance accounts. Note regarding the holding in the company's shares: the BONDS of the company that appear under profit-participating life insurance accounts are held by the partnership "Migdal SAL - Corporate Bonds in Israel" (the "Partnership"). The Partnership is a registered partnership all of whose rights are held by companies that are members of an institutional reporting group from the Migdal group. The Partnership itself is not a profit-participating life insurance account and/or a management company. In accordance with the agreements between the partners in the Partnership, the holding percentages of the right holders in the Partnership change frequently, in accordance with the mechanism set out in the partnership agreement. The holding percentages in the Partnership of the right holders in the Partnership as of March 5, 2026 are as follows: Insurer for profit-participating life insurance accounts $36.60\%$ , Pension and Provident - $63.40\%$ .

1. The date and time at which the corporation first became aware of the event or matter 08/03/2026at 17:25

Details of the signatories authorized to sign on behalf of the corporation:

	Name of signatory	Position
1	Moran Pasis	Legal Counsel

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (1970), a report submitted pursuant to these regulations shall be signed by those 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.

Reference numbers of previous documents on the matter (the reference does not constitute incorporation by reference):

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

Date of last form structure update: 04/02/2025

Short name: Ratio Part.

Address: Yehuda Halevi85, Tel Aviv6579614 Telephone: 03-5661338, Fax: 03-5661280

E-mail: info@ratioenergies.com Company website:www.ratioenergies.com

Previous names of reporting entity: Ratio Oil Exploration (1992) - Limited Partnership

Name of electronic reporter: Basis MoranPosition: Attorney/Legal CounselName of employing company:

Address: Yehuda Halevi85, Tel-Aviv6579614Telephone: 03-5661338Fax: 03-5661280E-mail: moran@ratioil.com