Veridis Environment Ltd. — Major Shareholding Notification 2026

Apr 23, 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.

Veridis Environment Ltd

VERIDIS ENVIRONMENT LTD

Number in the Registrar: 515935807

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd

T078 (Public)

www.tase.co.il

Filed via MAGNA: 23/04/2026

Reference:

2026-01-037767

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: ____

Last name/Name of corporation: Migdal Insurance and Financial Holdings Ltd

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

Type of identifying number: Number in the Israeli Companies Registrar ☐ 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 St., Petah Tikva

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

Name of the controlling shareholder in the interested party: See Section 5

Identifying number of the controlling shareholder in the interested party: See Section 5

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

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

b. Name and type of the security that is the subject of the action: Veridis

c. Security number on the stock exchange: 1176387

d. Date of execution of the action 20/04/2026

e. Quantity of securities that are the subject of the action: 7,968

f. Price at which the action was executed: 4,272.42agorot

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 indicate the date of completion of the payment

3. a. Holdings of the interested party after the action:

Name, type and series 330 of the security	Security number on the stock exchange	Quantity of securities	Dormant*	Rate of holding		Rate of holding (full dilution)
				% Capital	% Voting	% Capital	% Voting
Veridis	1176387	7,680,716	No	3,5		4,94	4,94

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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.

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 Regulations (Assets that may be Purchased and Held by a Fund and their Maximum Rates), 1994.
The hedge fund has the right to appoint a director or its representative to the company's board of directors
The holder is a member of an institutional reporting group.

The breakdown of its holdings is as follows:

The holder	Name type and series 330 of security	Security number on the stock exchange	Quantity of securities	Dormant
Participating life insurance accounts	Veridis	1176387	6,271,270	No
Companies managing mutual investment trust funds	Veridis	1176387	1,409,446	No

Explanations:

1. If the interested party holds more than one type of security, the rates of holding taking into account all the securities held by him shall be stated in only one of the rows.
2. Holdings of other securities, including other securities that are not registered for trade, shall also be reported.
3. Where the interested party is a subsidiary, the holdings shall be split into shares acquired prior to the entry into force of the Companies Law, 1999, and shares acquired after it came into force.
4. When the holder is not a member of an institutional reporting group, only Section 3a shall be completed. When the holder is a member of an institutional reporting group, Sections 3a and 3b shall be completed.
5. If the interested party is a corporation wholly owned (100%) by a single controlling shareholder, the field "Name of holder" shall 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 given, 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 a number of interested parties, the field "Name of holder" shall 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 who hold in the holding corporation shall be given.
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 must 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 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 to the reporting corporation:

Type of security: Security number:

Quantity of securities:

Rate of holding out of all securities of the same type: $\%$

Rate of holding in the capital: $\%$ Rate of holding in the voting power: $\%$

5. Additional details:

To the best of the Company's knowledge, as of the report date, Mr. Shlomo Eliahu is the Company's ultimate controlling shareholder and holds $45.49\%$ of the Company's issued and paid-up share capital [the "share capital"], as described below:

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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.

Eliahu Issuances Ltd is a company wholly owned by Eliahu 1959 Ltd, Reg. No. 520029851. To the best of the Company's knowledge, the shareholders of Eliahu 1959 Ltd are: Mr. Shlomo Eliahu, who holds 25.14% of the capital and 98% of the management shares; Ms. 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 Investment Company Ltd, which holds 13.14% of the capital. The shareholders of Shlomo Eliahu Holdings Ltd are Mr. Shlomo Eliahu, who holds 83.31%, and Ms. Chaya Eliahu, who holds 16.69%. The sole shareholder of Achim Eliahu Trust and Investment Company Ltd is Shlomo Eliahu Holdings Ltd, whose shareholders are Mr. Shlomo Eliahu and Ms. Chaya Eliahu as detailed above. The holdings in the Company's securities appearing under Participating life insurance accounts are held by a registered partnership, all of whose rights holders are companies in an institutional reporting group from the Migdal group. The partnership itself is not participating life insurance accounts and/or a management company. In accordance with the understandings among the partners in the partnership, the rate of holding of the rights holders in the partnership changes on an ongoing basis, in accordance with the mechanism set forth in the partnership agreement. In Section 2.f, an average price of several stock exchange transactions carried out on 20/4/2026 is presented.

1. The date and time on which the corporation first became aware of the event or matter 23/04/2026 at 14:36

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

	Name of signatory	Position
1	Hagit Banish	Other
General Counsel and Corporate Secretary
2	Beni Bar-On	Chief Financial Officer

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, a report filed pursuant to these regulations shall be signed by the persons 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 subject (the reference does not constitute inclusion by way of reference):

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

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

Short name: Veridis

Address: 1 Aba Even Blvd.1, Herzliya4672519 Telephone: 09-9520000, Fax: 09-9520001

E-mail: hagit_b@groupve.co.il Company website: veridis.co.il

Previous names of reporting entity:

Name of electronic reporter: Banish Avrahami Hagit Position: General Counsel and Corporate Secretary Name of employing company: T.M.M. Integrated Recycling Industries Ltd

Address: Aba Even1, Herzliya4672519 Telephone: 09-9520000 Fax: 09-9520001 E-mail: hagit_b@groupve.co.il