Veridis Environment Ltd.

Legal Proceedings Report • Dec 1, 2025

VERIDIS ENVIRONMENT LTD

Registration Number: 515935807

To:

To	Address To		Form Number Address and Type		Sent via Proof: MAGNA
Israel Securities Authority	www.isa.gov.il	Tel Aviv Stock Exchange Ltd.	www.tase.co.il	Form 053 (Public)	01/12/2025	Reference: 2025-01- 095289

Immediate report regarding an event or matter outside the company's ordinary business

Regulation 36 to the Securities Regulations (Periodic and Immediate Reports), 1970

The results of an offering should be reported in Form T20 and not in this form.

Reporting on the rating of bonds or corporate rating should be submitted via Form T125

Report regarding:

Delayed report submitted

Nature of the Event:

Notice by subsidiaries and the Ministry of Environmental Protection within the framework of an administrative petition concerning ongoing negotiations and a request to delay proceedings, and the court's decision.

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.

Further to the company's immediate report dated 15.09.2025 (Reference No.: 2025-01-069439) regarding notification to the District Court that the subsidiaries and the Ministry of Environmental Protection are conducting discussions on various issues, including the decision at the basis of the petition as detailed in Note 6v(3) to the financial statements as of September 30, 2025, attached to the company's Q3 2025 quarterly report published on 20.11.2025 (Reference No.: 2025-01-089944), the company updates that the parties continue discussions on various matters as detailed above and require additional time for this purpose.

In light of this, an update notice and a request were filed by the petitioners to submit an additional notice regarding the need for continuing the proceedings. The court's decision was received on December 1, 2025, according to which, as requested and agreed an additional update regarding the need for continued proceedings will be submitted by the subsidiaries by February 1, 2026. It should be noted that reaching binding agreements between the parties constitutes forward-looking information as defined in the Securities Law, 1968, which may not materialize or may materialize in part or differently due to factors not under the company's control.

2.

Date and time the corporation first became aware of the event or matter:

Date: 01/12/2025 at 17:45

1. If the report was delayed – reason for delay:

	4. On at the restriction on reporting was removed.

1. [ ] The company is a shell company as defined in the stock exchange regulations.

Details of the authorized signatories on behalf of the corporation:

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	Position	Additional Info
1	Hagit Benesh	Other	Legal counsel and company secretary
2	Benny Bar On	CFO

Explanation: According to Regulation 5 to the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations shall be signed by the persons authorized to sign on behalf of the corporation. The ISA staff position on the matter 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: ורידיס

Address: 1 Abba Eban Blvd, Herzliya, 4672519

Phone: 09-9520000 | Fax: 09-9520001

Email: hagit\_b@groupve.co.il | Company Website: veridis.co.il

Electronic reporter name: Hagit Benesh Avrahami

Position: Legal counsel and company secretary

Employer: T.M.M. Integrated Recycling Industries Ltd.

Address: 1 Abba Eban Blvd, Herzliya, 4672519

Phone: 09-9520000 | Fax: 09-9520001

Email: hagit\_b@groupve.co.il

Previous names of the reporting entity:

References of previous documents on the subject (the mention does not constitute incorporation by way of reference):

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.

Date of form structure update: 06/08/2024

No images were present in the original document.