Tamar Petroleum Ltd.

Major Shareholding Notification • Oct 15, 2025

TAMAR PETROLEUM LTD

Registry Number: 515334662

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T077 (Public) Sent via MAGNA: 15/10/2025

Israel Securities Authority Email: www.isa.gov.il

Stock Exchange Email: www.tase.co.il

Reference: 2025-01-075517

Immediate Report on the Holdings of Interested Parties and Senior Officers

Regulation 33 (c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970

Reference numbers of previous reports on the subject: _________, _________, _________.

Below is the status as of 30/09/2025:

A. Interested Parties in the Corporation (including CEO and directors, and any other employee holding five percent or more of the issued share capital or voting power):

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	Holding Percentage (Fully Diluted)
1	Elyahu Azur	TAMAR PETROLEUM LTD Ordinary Share	22,090,791	24.75% equity, 24.75% voting	24.55% equity, 24.55% voting
2	Ahron Gover Frenkel	TAMAR PETROLEUM LTD Ordinary Share	18,677,714	20.93% equity, 20.93% voting	20.76% equity, 20.76% voting
3	State Oil Company Of Azerbaijan Republic	TAMAR PETROLEUM LTD Ordinary Share	15,877,112	17.79% equity, 17.79% voting	17.64% equity, 17.64% voting
4	MENORA MIVTACHIM HOLDINGS LTD - Provident and Pension	TAMAR PETROLEUM LTD Ordinary Share	0	0% equity, 0% voting	0% equity, 0% voting
5	MENORA MIVTACHIM HOLDINGS LTD - Provident and Pension	TAMAR PETROLEUM LTD Debenture A	81,572,557.15	0% equity, 0% voting	0% equity, 0% voting
6	MENORA MIVTACHIM HOLDINGS LTD - Provident	TAMAR PETROLEUM LTD Debenture B	79,703,899.65	0% equity, 0% voting	0% equity, 0% voting

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	Holding Percentage (Fully Diluted)
	and Pension
7	Mordechay Ben Moshe	TAMAR PETROLEUM LTD Ordinary Share	6,157,916	6.90% equity, 6.90% voting	6.84% equity, 6.84% voting
8	Bar-On Rony Haim	TAMAR PETROLEUM LTD Others	277,057	0% equity, 0% voting	0.31% equity, 0.31% voting
9	Barak Mashraki	TAMAR PETROLEUM LTD Employees	206,565	0% equity, 0% voting	0.23% equity, 0.23% voting

Total holding percentage: 70.37% equity, 70.37% voting

Total holding percentage (fully diluted): 70.33% equity, 70.33% voting

B. Senior Officers in the Corporation (excluding CEO and directors, and any other employee holding five percent or more of the issued share capital or voting power):

• Do not hold securities of the corporation.
• Below is the status of holdings of senior officers in the corporation:

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	Holding Percentage (Fully Diluted)
10	Efrat Hozeh Azrad	TAMAR PETROLEUM LTD Employees	103,108	0% equity, 0% voting	0.11% equity, 0.11% voting
11	Bar Zagoury	TAMAR PETROLEUM LTD Employees	63,517	0% equity, 0% voting	0.07% equity, 0.07% voting
12	Yaniv Marig	TAMAR PETROLEUM LTD Employees	39,961	0% equity, 0% voting	0.04% equity, 0.04% voting
13	Boulos David Saad	TAMAR PETROLEUM LTD Employees	15,391	0% equity, 0% voting	0.02% equity, 0.02% voting

Total holding percentage: 0% equity, 0% voting

Total holding percentage (fully diluted): 0.24% equity, 0.24% voting

Explanations:

• 1. It is required to report also on the holding of other securities, including those not listed for trading.
• 1. If the interested party holds more than one type of security in the corporation, the holding percentage (including fully diluted) should be stated considering all securities held by him in a single row.
• 1. This form should detail the holdings of all interested parties, including those whose holdings have not changed.
• 1. If the interested party is a held company with significant activity for the corporation, the holdings should be split between shares acquired before the Companies Law, 1999 came into effect (granting rights in equity and voting) and shares acquired after, which are dormant shares.
• 1. If the interested party is a corporation, also state the first name(s) of the ultimate controlling shareholder(s) of this corporation. If there is no controlling shareholder, provide details of the interested parties in it.
• 1. If a senior officer holds five percent or more of the issued share capital or voting power, his holdings should be detailed in the "Interested Parties" table as detailed in section A above.
• 1. If the interested party or senior officer also holds securities in a held company, if its activities are significant to the corporation, details of these holdings should be provided in the "Remarks" field in the holder's details.

C. As of the date of this report and according to the law, is there a

controlling shareholder in the corporation?
Yes
No
Other:
The controlling shareholder in the corporation is:
Controlling shareholder's ID number:
Was control transferred during the period described in the report?
If control was transferred, specify the previous controlling shareholder and ID number.	their
Total holding percentage (%) in the corporation's equity by all controlling shareholders:

Details of authorized signatories on behalf of the corporation:

#	Signatory Name	Position
1	Barak Mashraki	CEO
2	Efrat Hozeh-Azrad	Other: Legal Advisor and Deputy CEO

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 subject can be found on the Authority's website: Click here.

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

Short name: TAMAR PETROLEUM LTD

Address: Galgalei Haplada 11, Herzliya 4672211

Phone: 074-7044779 Fax: 074-7044762

Email: efrat@tamarpetroleum.co.il

Company website: www.tamarpetroleum.co.il

Previous names of the reporting entity:

Electronic reporter name: Hozeh Azrad Efrat

Position: Legal Advisor

Employer company name:

Address: Galgalei Haplada 11, Herzliya 4672211

Phone: 074-7044779 Fax: 074-7044762

Email: efrat@tamarpetroleum.co.il

End of document.