Strauss Group — Interim / Quarterly Report 2026

May 20, 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.

Quarterly report: 31/03/2026false

Strauss Group Ltd

1443

STRAUSS GROUP LTD

Number in the Register: 520003781

15120

To: Israel Securities Authority	To: Tel-Aviv Stock Exchange Ltd	T930 (Public)	Filed via MAGNA:	20/05/2026
www.isa.gov.il	www.tase.co.il		Reference:	2026-01-046491	Time of filing: 00:57 00:51:13

The corporation will schedule the report for publication on 20/05/2026 08:30

Report on the financial position

Is this a report of a Periodic report/Quarterly report of an insurance corporation? No

Explanation: As of the financial statements for the first quarter of 2017, a corporation that is an insurer (i.e., reported in the past under Form T932) will report using this form and will mark "Yes" in this field; the other corporations may proceed to the following sections.

☐ Periodic report under Chapter B of the Securities Regulations (Periodic and Immediate Reports), 1970
☐ Quarterly report under Chapter D of the Securities Regulations (Periodic and Immediate Reports), 1970
☐ Semi-annual report under Regulation 5d of the Securities Regulations (Periodic and Immediate Reports), 1970

Small corporation

During the reporting period the corporation meets the definition of "small corporation" No

Explanation: According to the definition of "small corporation" as stated in Regulation 5g of the Securities Regulations (Periodic and Immediate Reports), 1970

(1) On the relevant date, the corporation meets the following conditions: ____

(2) The corporation chose to implement the reliefs in the following matters:

☐ Reporting on a semi-annual basis
☐ Attachment of highly material valuation reports
☐ Attachment of financial statements of an equity-accounted investee company
☐ Report regarding the effectiveness of internal control
☐ The corporation did not adopt any relief

I Periodic report

1. Attached herewith is a Periodic report for the year _ which was signed on _.
2. Date of the meeting – insofar as a shareholders' meeting was convened at which the financial statements will be presented: ____.
3. Details of the signatories of the Periodic report:

Name of signatory	Position of signatory

II Financial statements

1. Attached herewith:

☐ Periodic report for the year ____
☐ Quarterly report for the period ended on 31/03/2026.

which was signed on 19/05/2026.

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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.

Do the attached financial statements include a correction of an error by way of correction of comparative figures as "restatement due to non-material adjustment of comparative figures": No

Do the attached financial statements include a correction of a material error by way of "restatement" of comparative figures: No

1. Attached is the reviewing auditor's review report

Date of signing by the auditor of the opinion/review: 19/05/2026.

1. Name of the auditing accounting firm

1 Somekh Chaikin, Accountants

Name of the signing auditing accountant on the opinion:

License number of the auditing accountant:

1. a. The opinion is given in an unqualified wording
   b. The review report is given in an unqualified wording Yes
   c. There is an emphasis of matter in the financial statements No

1

Emphasis of matter

Quoted wording of the emphasis of matter:

d. Type of modification or addition to the standard wording:

Explanation: If "No" was marked in section 7(a) or 7(b), it is mandatory to mark one of the following fields.

☐ Qualification
☐ Adverse opinion
☐ Disclaimer of opinion

Quoted paragraphs that are not required in the standard wording:

Explanation: If the auditors' opinion or the review report are not in the standard wording, or include additions to the standard wording, detail the change and present from the auditors' opinion or the review report additional paragraphs that are not required in the standard wording (emphasis of matter, qualification, etc.).

1. Date of approval of the financial statements: 19/05/2026

2. Details of the signatories of the financial statements:

Name of signatory	Position of signatory
Ofra Strauss	Chairperson of the Board
Shai Babad	CEO
Tovi Fishbein	Chief Financial Officer

1. Details of material equity-accounted investees whose financial statements are attached:

1 Name of company

Tres Coracoes Alimentos S.A

Do the attached financial statements include a correction of an error by way of correction of comparative figures as "restatement due to non-material adjustment of comparative figures": No

Do the attached financial statements include a correction of a material error by way of "restatement" of comparative figures: No

1. Details of guaranteeing companies whose financial statements are attached:

1 Name of company

Do the attached financial statements include a correction of an error by way of correction of comparative figures as "restatement due to non-material adjustment of comparative figures": _____

Do the attached financial statements include a correction of a material error by way of "restatement" of comparative figures: _____

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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. Has the corporation made early implementation of an accounting standard No

Explanation: If "Yes" is selected, please specify which accounting standard is involved

III Board of Directors' report - presentation

1. a. Attached herewith is the Board of Directors' report signed on 19/05/2026.

b. Details of the signatories of the Board of Directors' report:

Name of signatory	Position of signatory
Ofra Strauss	Chairperson of the Board
Shai Babad	CEO

c. Does the corporation have obligations for which disclosure is required under Regulations 9d and 38e of the Securities Regulations (Periodic and Immediate Reports), 1970: Yes

Regarding the manner of completing the section and the exemption granted to companies from parallel reporting of Form 126, see FAQ No. 105.37 at the following link: Link

d. Does the company publish separate financial statements ("solo" financial statements):

Yes
No

(1). Cash and cash equivalents, securities held for trading and short-term deposits based on the data in the separate financial statements of the corporation ("solo" financial statements) (in thousands of NIS): 588,890
(2). Cash and cash equivalents, securities held for trading and short-term deposits based on the data in the consolidated financial statements of the corporation (in thousands of NIS): 1,047,026

Explanation: The data will include only balances that are not pledged.

e. Disclosure regarding projected cash flows under Regulation 10(b)(14)(a) of the Securities Regulations (Periodic and Immediate Reports), 1970 (Note: this subsection is not relevant to an insurance corporation):

1. Has the corporation issued debentures held by the public as of the date of signing the report? Yes
2. Does one or more of the warning signs specified in the Regulation apply to the company? Yes

3a. Mark all warning signs that apply to the company:

Deficit in shareholders' equity.
Emphasis of matter relating to the company's financial position, excluding emphasis of matter regarding significant doubts about the company's ability to continue as a going concern.
Deficit in working capital or in working capital for a period of twelve months along with a continued negative cash flow from operating activities (in the consolidated statements and also in the separate financial statements under Regulation 9g or Regulation 38d, as the case may be).
Deficit in working capital or in working capital for a period of twelve months or a continued negative cash flow from operating activities, and the company's Board of Directors has not determined that this does not indicate a liquidity problem in the company.
Emphasis of matter regarding significant doubts about the company's ability to continue as a going concern.

3b. One or more of the following options must be completed according to the consolidated financial statements:

The company has a deficit in working capital or in working capital for a period of twelve months.
The company has a continued negative cash flow from operating activities.
The company has no deficit in working capital or in working capital for a period of twelve months and there is no continued negative cash flow from operating activities.

3c. One or more of the following options must be completed according to the separate financial information (Regulation 9g or 38d, as applicable):

The company has a deficit in working capital or in working capital for a period of twelve months.
The company has a continued negative cash flow from operating activities.
The company has no deficit in working capital or in working capital for a period of twelve months and there is no continued negative cash flow from operating activities.
The company is not required to publish separate financial information under Regulation 9g or 38d, as applicable.

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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. Mark the section relevant to the company:

The company included in the Board of Directors' report disclosure regarding projected cash flows due to the existence of a warning sign.

At the end of one of the periods included in the disclosure regarding projected cash flows, is a negative cash balance expected?

The company's Board of Directors determined that the existence of a deficit in working capital or deficit in working capital for a period of twelve months or a continued negative cash flow from operating activities does not indicate a liquidity problem in the company.

f. Compliance with covenants for debentures:

1. Does the corporation comply with all financial covenants set in the deeds of trust? Yes
2. Does non-compliance with the financial covenants give rise to grounds for immediate repayment of the debentures?

g. Details regarding the corporation's auditor:

1 Total fees paid to the auditor __ for: Audit services __ Non-audit services __

Note: The total fees paid to the auditor for audit services, audit-related services, including tax services related to the audit.

Details regarding the auditor of material consolidated entities:

The data must be entered separately for each accounting firm.

1 Total fees paid to the auditor _ _ of material consolidated entities of the corporation for: Audit services __ Non-audit services __

ISOX IV Report on internal control

1. Is the company exempt from implementing internal control? No

Explanation: If "Yes" is selected, please specify the reason for exemption from implementing internal control

a. An internal control management report, in the wording prescribed in the regulations, updated to the date of the statements (according to the Ninth Addendum – Periodic report – Regulation 9b; Quarterly report – Regulation 38(g)) was attached Yes

If it is not in the wording prescribed in the regulations, specify the content of the change

b. Internal control as of the date of this report was found: Effective

c. Has the Board of Directors' conclusion regarding control effectiveness changed from the last report submitted (i.e., from effective control to ineffective and vice versa)? No

d. Management declarations

1. Has the CEO's declaration been attached in the standard wording prescribed in the regulations (Periodic report – Regulation 9b(d)(1); Quarterly report under Regulation 38g(d)(1)), with emphasis on sections 1, 4(a) and 5(a)? Yes
2. Has the declaration of the senior officer in the finance field been attached, in the standard wording prescribed in the regulations - Annual report 9b(d)(2); Quarterly report Regulation 38g(d)(2)? Yes
3. Has the wording in section 4 of the management declarations been adjusted in accordance with the provisions of the regulations - Annual report 9b(d)(1)(2); Quarterly report under Regulation 38g(d)(1)(2), where there is a financial statements committee that is not an audit committee? Yes
4. Are the management declarations signed as required (name of officer and date of his signature as of the date of signing the statements)? Yes

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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.

V Attached files

1. a.

Regarding attachment of Periodic reports in iXBRL format see the ISA's position here

Periodic report in PDF format: Reporting_Package_01_2026_isa.pdf The quarterly report

b. The following is the file of the highly material valuation reports, the attachment of which is required under Regulation 8b or Regulation 49 of the Securities Regulations (Periodic and Immediate Reports), 1970, as applicable
c. Explanation of the information attached in the file:

Are the attached PDF files in textual format that allows searching? Yes

Do the financial statements include all comparison periods required by accounting principles and Securities Regulations? Yes

VI Financial data (excluding earnings per share) in: MillionsILS (Israel, New Shekels)

Representative exchange rate of the reporting currency against the NIS at the end of the reporting period:

1. Data from the consolidated statement of financial position

The amounts of assets and liabilities will be recorded as a positive amount, i.e., with a "+" sign, whereas amounts appearing in the company's balance sheets in parentheses (such as deficit in equity) will be recorded as a negative amount, i.e., with a "-" sign.

Assets
1. Total current assets	3,739
2. Total non-current assets	5,938
3. Total assets	9,677
Liabilities
4. Total current liabilities	3,334
5. Total non-current liabilities	2,775
6. Total liabilities	6,109
Equity
7. Total equity attributable to owners of the parent company	3,191
8. Non-controlling interests	377
9. Total equity	3,568
10. Total equity and liabilities	9,677

1. The presentation method of the statement of profit or loss is:

☐ Presentation by function of expense
☐ Presentation by nature of expense

1. Data from the consolidated statement of profit or loss: For the period of three months ended on the balance sheet date

In quarterly reports, the data in the statement of profit or loss for the 3-month period, and not for the cumulative period, should be completed. In the semi-annual report, the data in the statement of profit or loss for a six-month period should be completed. Negative totals (such as loss from ordinary operations) will be recorded as a negative amount, i.e., with a "-" sign. If the item does not appear in the company's financial statements, select the appropriate checkbox.

1. Revenue 1,986
2. Gross profit ☐ Not applicable 651
3. Profit (loss) from operating activities ☐ Not applicable 245
4. Profit (loss) before tax 204
5. Profit (loss) 171

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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. Profit (loss) attributable to:
   6.1 Profit (loss) attributable to owners of the parent company 146
   6.2 Profit (loss) attributable to non-controlling interests 25

2. Earnings per share
   7.1 Total basic earnings (loss) per share 1.25
   7.2 Total diluted earnings (loss) per share 1.24

3. Total comprehensive income 186
   8.1. Comprehensive income attributable to owners of the parent company 161
   8.2. Comprehensive income attributable to non-controlling interests 25

4. Data from the statement of cash flows: For the period of three months ended on the balance sheet date
   Cash flows used for activities will be recorded as a negative amount, i.e., with a "-" sign
   (1) Net cash inflows (outflows) from operating activities 157
   (2) Net cash inflows (outflows) from investing activities -134
   (3) Net cash inflows (outflows) from financing activities 495
   (4) Effect of changes in foreign exchange rates on cash and cash equivalents -6
   (5) Additional effects not reflected in items 1-4 above 0

Net increase (decrease) in cash and cash equivalents during the period 512
Balance of cash and cash equivalents at beginning of period 535
Balance of cash and cash equivalents at end of period 1,047

1. a. As of the date of the financial statements, is the company a shell company as defined in the TASE Regulations? No
   b. As of the date of publication of the financial statements, is the company a shell company as defined in the TASE Regulations?

We hereby declare that we have completed the form in accordance with the data in the full financial statements.

Details of authorized signatories on behalf of the corporation:

Name of signatory	Position
1 Tovi Fishbein	Chief Financial Officer
2 Yaniv Tsur	Controller

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

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

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

Date of last form structure update: 09/12/2025

Short name: Strauss Group

Address: Ha'Sivim49, Petah Tikva49517 Telephone: 03-6752499, Fax: 03-6752279

Email: yael.nevo@strauss-group.com Company website: www.strauss-group.com

Previous names of reporting entity: Strauss-Elite Ltd, Elite Industries Ltd

Name of electronic reporter: Tsur Yaniv Position: Controller Name of employing company:

Address: Ha'Aviv32, Petah Tikva4902239 Telephone: 054-6620998 Fax: Email: Yaniv.Tsur@strauss-group.com