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Tamar Petroleum Ltd. Capital/Financing Update 2026

Apr 14, 2026

7069_rns_2026-04-14_756d10fd-8a25-4672-8be9-7e7f9de6c463.pdf

Capital/Financing Update

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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. .

Tamar Petroleum Ltd.

("the Company")

April 14, 2026

To

To

Israel Securities Authority

The Tel Aviv Stock Exchange Ltd.

22 Kanfei Nesharim St.

2 Ahuzat Bayit St.

Jerusalem

Tel-Aviv

Via MAGNA

Dear Sir/Madam,

Subject: Drawdown of the Credit Facility under the Financing Agreement signed with an Israeli Bank

Further to what was stated in the Company's immediate report dated January 15, 2026 (Reference No. 2026-01-006957) (hereinafter: the "Immediate Report regarding the Financing Agreement") regarding the engagement in an agreement with an Israeli bank (hereinafter: the "Bank" and the "Agreement", as the case may be), for the provision of loans in a total amount of 300 million dollars (hereinafter: the "Loans") and a credit facility in the amount of 100 million dollars (hereinafter: the "Credit Facility") and to what was stated in the immediate report dated February 18, 2026 (Reference No. 2026-01-015977) regarding the receipt of the full loan amounts from the Bank, the Company is honored to update that the Company has drawn down the full Credit Facility, where 50% of the Credit Facility amount was provided as a long-term loan under the terms as detailed in Section 1b of the Immediate Report regarding the Financing Agreement, and 50% of the Credit Facility amount was provided as a long-term loan under the terms as detailed in Section 1c of the Immediate Report regarding the Financing Agreement.

Sincerely,

Tamar Petroleum Ltd.

By Eli Gadot, CEO

and Efrat Hoze-Azrad, General Counsel and VP


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.

4/14/2026 | 3:00:26 PM