Withdrawal of Motion to Approve a Class action for Elimination of Oppression:Further to the Company’s immediate report dated January 16, 2025 (Reference No. 2025?01?004946), and Section 4.3.2 of the Update to the “Description of the Company’s Business” included in the Company’s Q3 2025 Report published on November 11, 2025 (Reference No.: 2025-01-086141), regarding the motion filed by a shareholder of the Company (the “Representative Plaintiff”) with the Economic Division of the Tel Aviv District Court for the approval of a class action on grounds of shareholder oppression against the Company (hereafter: "the Claim”), in connection with the Company’s buyback of its shares from the Manikay Fund conducted in January 2025, the Company hereby provides the following update:On January 13, 2026, the Court issued a decision approving the Representative Plaintiff’s request for a non-compensated withdrawal from the Claim (the “Withdrawal Request”), and ordering the deletion of the Claim.In the Withdrawal Request, it was stated that the withdrawal was submitted in light of the Court’s remarks during a preliminary hearing held before it, according to which, under the circumstances of the case, the Court found it difficult to identify a legal basis for an oppression claim. Accordingly, the Court suggested that the Representative Plaintiff withdraw the Claim. Based on these remarks, the Representative Plaintiff concluded that there was no substantive benefit in continuing the proceedings. The Representative Plaintiff further stated that, as the matters in question pertain to the alleged class wide cause of action and not solely to his individual claim, there is no purpose in seeking an alternative applicant to pursue the motion against the Company. false

הבורסה לניירות ערך בתל - אביב בע"מ	1 818
THE TEL-AVIV STOCK EXCHANGE LTD
Corporation no: 520020033	15718

	Israel Securities Authority			Tel Aviv Stock Exchange		ת150 ( Public )		Reported via MAGNA:	13/01/2026
	www.isa.gov.il			www.tase.co.il				Reference:	2026-01-006008	Time of broadcast: 19:28 19:28

English language report to Israeli corporate

This form is for reports that has been translated to English (convenience translation) and should be published alongside with the report in Hebrew in accordance with the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970.

References of previous reports relating to this matter:   _________   _________   _________

_________

Attached hereto is a report on Withdrawal of Motion to Approve a Class action for Elimination of Oppression: Further to the Company’s immediate report dated January 16, 2025 (Reference No. 2025?01?004946), and Section 4.3.2 of the Update to the “Description of the Company’s Business” included in the Company’s Q3 2025 Report published on November 11, 2025 (Reference No.: 2025-01-086141), regarding the motion filed by a shareholder of the Company (the “Representative Plaintiff”) with the Economic Division of the Tel Aviv District Court for the approval of a class action on grounds of shareholder oppression against the Company (hereafter: "the Claim”), in connection with the Company’s buyback of its shares from the Manikay Fund conducted in January 2025, the Company hereby provides the following update: On January 13, 2026, the Court issued a decision approving the Representative Plaintiff’s request for a non-compensated withdrawal from the Claim (the “Withdrawal Request”), and ordering the deletion of the Claim. In the Withdrawal Request, it was stated that the withdrawal was submitted in light of the Court’s remarks during a preliminary hearing held before it, according to which, under the circumstances of the case, the Court found it difficult to identify a legal basis for an oppression claim. Accordingly, the Court suggested that the Representative Plaintiff withdraw the Claim. Based on these remarks, the Representative Plaintiff concluded that there was no substantive benefit in continuing the proceedings. The Representative Plaintiff further stated that, as the matters in question pertain to the alleged class wide cause of action and not solely to his individual claim, there is no purpose in seeking an alternative applicant to pursue the motion against the Company.

_________

	Reference to parallel Hebrew report:	2026-01-006006
	This report was not reported in Hebrew.

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

	Name of the signer	Corporate Role
1	Ittai Ben Zeev	CEO _________

Note: According to Rule 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these Regulations will be signed by the authorized persons to sign on behalf of the corporation. For the ISA staff notice Click here .

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References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Stock Exchange/Market: הבורסה לניע בתא	Date of revision of form structure: 06/08/2024
Address: אחוזת בית 2, ת"ד 29060 מיקוד 6129001 , תל אביב 6525216   , Tel: 076-8160571 , Fax: 076-8160331
E-mail address: livnatw@tase.co.il   Company site: tase.co.il
Previous names of reporting entity:
Name of the Signatory: פרוינד קרן רחל Position of Signatory in the reporting corporation: Name of Employer Company:
Address: אחוזת בית 2 , תל אביב 6525216 Telephone: 076-8160571 Facsimile: E-mail: kerenf@tase.co.il 1