G.Willi-Food International Ltd.

Innovation, Quality and Growth

1 Capital Market Presentation Third Quarter 2025

Disclaimer and Forward-Looking Information

This presentation is for informational purposes only and does not constitute an offer or an invitation to allot or to purchase the Company's securities or to accept such offers, nor does it constitute advice, recommendations or express an opinion on the feasibility of investing in the Company's securities The information provided herein does not supersede any independent review of an investor in accordance with her/his circumstances and discretion.

The data and information presented in this presentation are for summary purposes only and do not replace the need to review the company's full public reports, including its periodic and quarterly financial statements. This presentation may contain data or information presented differently from the way it appears in the reports published by the company to the public. In the event of any inconsistency between the summarized and general information in this presentation and the detailed information in the company's reports, the information in the company's reports shall prevail.

This presentation includes forward looking information (as defined in the Securities Law, 1968 and within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) that involve substantial risks and uncertainties and which includes, among other things, forecasts, assessments, estimates and other information relating to future events and or matters, the realization of which is uncertain (as well as how they materialize) and is not under the control of the Company. All statements contained in this presentation other than statements of historical facts are forward looking information and includes, inter alia, forecasts, targets, estimates, estimates and other information, based (inter alia and as appropriate) on the Company's management estimates (as of the date of publication of this presentation) and statistical and public data and publications by external bodies and whose contents have not been checked by the Company and for which the Company is not responsible for their correctness.

Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. The future events and trends may not occur and actual results, in whole or in part, may be realized differently than expected (and even substantially different) as a result of, among other things, the realization of the risk factors that characterize the company and its activities and as a result of other external developments beyond the Company's control, including delays in the construction of the Company's new logistics center and the risk that its expected benefits will not materialize and inability to sustain improvements and growth in the future. The Company has no certainty that its expectations and assessments will indeed be realized, and the results of the Company's operations may differ materially from the results estimated or implied by the foregoing, among others due to a change in any of the above-mentioned factors. More information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 17, 2025.

The Company does not undertake to update the information set forth in this presentation to reflect events and or developments that will occur after its publication.

About the Company

Dual-listed company (NASDAQ + TASE) Specializing in import, export, marketing, and distribution of food products.

1994

+30

+600

Company Founding Years of Experience Variety of Products

+3,500

300

125

Customers

Employees and Contractors Suppliers

Company Vision

Leading the imported food market in Israel by focusing on innovation, variety, and quality at affordable prices.

Innovation

Continuous development of new products across existing and new categories, tailored to the local market.

Fair Price

A cost-effective alternative in the market

Organizational Structure

Senior Management

Founders – 31 years with the company Second generation of a family of food importers and entrepreneurs.

Successfully leading the company together for decades.

Zwi Williger Chairman of the Board Joseph Williger CEO

Kfir Kolp Chief Operating Officer Joined the company in 2023, holds a Master's degree in Logistics, responsible for managing day-to-day operations, process optimization, project management, and driving operational innovation

Yitzhak Barbi CPA, Chief Financial Officer 11 years with the Company, holds a degree in Accounting and Economics, responsible for managing the finance department, including relations with the capital market, reporting to regulators and investors and the Company's strategic financial planning

Ran Asulin VP Trade and Sales 15 years with the company, holds a degree in Business Administration, responsible for developing the sales strategy, increasing market share, and managing business partnerships.

A variety of the company's leading product categories

Pastas and Rice Edible Oils Pickles Snacks Canned Fish Canned Fruits Canned Vegetables

and Vegetables

Frozen Dough Frozen Pizzas Sauces Baked Goods Frozen Fruits

Dairy and Cereals Dairy Substitutes

Company's Brands

Strategic Advantages in a Competitive Market

A global supplier network and long-term relationships enabling attractive trade terms

Wide Coverage and Customer Accessibility

Expertise in developing new products tailored to the Israeli taste

Significant Cash Reserves

Lean Cost Structure

Self owned dry and refrigerated logistic center under advanced expansion and development processes

Independent Distribution Network

Israel Food Market Analysis 2025 Data from StoreNext*

Key Trends and Their Implications for the Company

Market Growth of 3.9%

The Israeli food market in the first nine months of 2025 reached approximately NIS 34.2 billion The dairy and dairy substitutes market grew by 5.9%, reaching approximately NIS 8.8 billion

Rise of Private Labels

Private labels account for 6.5% of the food market

Supply Chain Challenges

Advantage for Independent Logistics Systems

"What's Good for Europe"

Opening of the market to European food product imports, increases competition and helps reduce prices for consumers

Financial Data – Growth Trend

2025 fiscal year sales are derived from H1 2025

Key Profit and Loss Data (in thousands of NIS)

	2021	2022	2023	2024	Change 2023-2024
Sales	454,213	498,325	543,262	575,795	6.0%
Gross Profit*	138,293	143,097	120,569	161,334	33.8%
Operational Profit*	49,355	45,096	20,350	66,276	169.1%
Profit Before Taxes*	57,820	53,974	39,192	104,084	136.5%
Net Profit*	45,101	41,564	31,656	81,717	121.8%

^*Excluding One-Time Expenses

Profit - 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 Gross Profit Operational Profit Excluding One Time Expenses Profit Before Taxes Excluding One Time Expenses Net Profit Excluding One Time Expenses .2018 .2021 .2024

Financial Data – Growth Trend

Key Profit and Loss Data (in thousands of NIS)

	1-9.2025	1-9.2024	1-9.2023	Change 2024-2025
Sales	458,169	435,493	404,521	5.2%
Gross Profit	131,745	122,537	89,626	7.5%
Operational Profit	58,876	38,847	14,498	51.6%
Profit Before Taxes	90,779	62,070	26,090	46.3%
Net Profit	70,556	46,151	20,619	52.9%

Financial Data (in millions of NIS)

9.2

Current Ratio

89.7%

Equity-to-Assets Ratio

708

Total Balance Sheet

264

Cash and Financial Assets at Fair Value 635

Equity

The company owns approximately 19 dunams in the Yavne Industrial Zone, with an existing logistics center built on an area of about 8.6 dunams, recorded at a historical value of only approximately NIS 27 million.

*As for September 30, 2025

Existing Logistics Network

The Company headquarters is located in the Yavne Industrial Zone

The Company owns an advanced logistics center with a total built-up area of 8,600

square meters, situated on approximately 19 dunams, serving as a storage and distribution center for dry, chilled and frozen products
The Company has a voice-picking and computerized distribution system based on WMS
The Company has an independent fleet of trucks for distributing chilled and dry products throughout the country

Construction of an Additional Logistics Center

Current Status

After the establishment of the warehouse (estimated H1 2026)

6,500 Pallets of Dry Products 1,000 Pallets of Chilled Products 1,000 Pallets of Frozen Products 8,500 Pallets of Dry Products 5,500 Pallets of Chilled Products 5,500 Pallets of Frozen Products

Estimated investment cost for the logistic center: approximately NIS 115 million (as of now, approximately NIS 90 million has actually been paid).
Significant improvement and support in the expansion and establishment of a comprehensive logistics infrastructure (receiving, storage, transportation, distribution and more).
An estimated savings in operating expenses of approximately NIS 8 to 10 million per year.
Support for the Company's expansion plans, including entry into new categories, particularly chilled and frozen products.
Potential of providing refrigerated storage services for external clients.