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Max Stock Limited releases an immediate report on holdings of interested parties and senior officers as of March 31, 2025

1. Max Stock announced major shareholder holdings as of March 31, 2025. 2. Moose Holdco Ltd. holds 28.21% of Max Stock shares. 3. More Mutual Funds reported a decrease in shares, impacting investor sentiment. 4. Migdal Holdings increased their holdings, indicating potential growth optimism. 5. Max Stock remains a leading retailer in Israel, showing resilience.

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FAQ

Why Neutral?

Despite changes in shareholder holdings, Max Stock's market position remains stable.

How important is it?

While the article highlights significant shareholder changes, it does not forecast drastic impacts on ONON.

Why Short Term?

Changes in shareholder dynamics could affect sentiment but are unlikely to impact fundamentals immediately.

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MAXOMGDLMUTL
Regulations 33(c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970 , /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today announced holdings of interested parties and senior officers as of March 31, 2025: Corporation's interested parties (including the CEO and directors, and including any other employee holding 5% or more of the corporation's issued share capital or voting rights): Holder no. Holder's Name Name, class and series of security Updated no. of securities % holdings % equity      % voting % holdings (on a fully diluted basis) % equity     % voting 1 Moose Holdco Ltd. Max Stock Ordinary Share 39,350,594 28.21           28.21 27.96            27.96 2 Ori Max Max Stock Ordinary Share 24,981,492 17.91           17.91 17.75            17.75 3 More Mutual Funds Management Ltd./ Y.D. More Investments Ltd. Max Stock Ordinary Share 1,853,406 1.33             1.33 1.32              1.32 4 More Provident Funds and Pension Ltd. Max Stock Ordinary Share 12,885,350 9.24             9.24 9.16              9.16 5 Max Stock Ltd. Max Stock Ordinary Share 3,658,971 0.00             0.00 0.00              0.00 6 Migdal Holdings Insurance & Finance Ltd – Profit sharing life insurance policies Max Stock Ordinary Share 7,327,501 5.24             5.24 5.20              5.20 7 Migdal Holdings Insurance & Finance Ltd. – Mutual funds management companies Max Stock Ordinary Share 1,103,199 0.79             0.79 0.78              0.78 8 G. Gissin Advocates Max Stock Ordinary Share 44,087 0.03             0.03 0.03              0.03 9 Ibex Israel Fund LLP Max Stock Ordinary Share 7,315,547 5.24             5.24 5.20              5.20 % holdings % equity    % voting % holdings (on a fully diluted basis) % equity   % voting 67.99          67.99 67.4                  67.4 B. Corporation's senior officers (excluding the CEO and directors, and excluding any other employee holding 5% or more of the corporation's issued share capital or voting rights): Presented below is a summary table of the holdings of the corporation's senior officers: Holder no. Holder's Name Name, class and series of security Updated no. of securities % holdings % equity      % voting % holdings (on a fully diluted basis) % equity % voting 10 Shlomo Cohen Max Stock Op2020 share options 102,775 0                      0 0.07      0.07 11 Nir Dagan Max Stock Op2020 share options 48,987 0                      0 0.03      0.03 12 Shahar Kanizo Max Stock Op2020 share options 23,619 0                      0 0.02      0.02 13 Ofir Edri Max Stock Op2020 share options 94,326 0                      0 0.07      0.07 % holdings % equity    % voting % holdings (on a fully diluted basis) % equity   % voting 0                      0 0.19          0.19 The summary table below includes an overview of interested party holdings which were subject to a change in the reporting period: Name Balance in previous report (31-Dec-2024) Change (+/-) Maximal holding in period (%) Minimal holding in period (%) Comments More Mutual Funds Management Ltd./ Y.D. More Investments Ltd. 3,163,544 -1,310,138 2.21 % 1.29 % (*) Y.D. More Investments Ltd. ("More Investments") holds more than 5% of Max Stock's share capital through the mutual funds and provident funds managed by More Investments. More Investments is a public company jointly owned by Messrs. Eli Levi, Yosef Levi, Michael Meirov, Dotan Meirov, Binyamin Meirov and Yosef Meirov. Migdal Insurance & Financial Holdings Ltd. – Life insurance accounts participating in profits 959,823 +143,376 0.82 % 0.69 % (*) Migdal Insurance & Financial Holdings Ltd. ("Migdal") holds more than 5% of Max Stock's share capital through the mutual funds and provident funds managed by the Migdal corporate group. Migdal is a public company which is ultimately controlled by Mr. Shlomo Eliyahu (64.28%). Ibex Investors LLC and Ibex GP LLC 7,233,094 +82.453 5.19 5.24 The shares are jointly held by Ibex Israel Fund LLLP and by Ibex Israel Public-Only LP (the "Funds"). The Funds are both limited partnerships incorporated in the State of Delaware, USA and are indirectly controlled by the general partners Ibex GP LLC and Ibex Investors LLC. The Funds are ultimately controlled by Mr. Justin Borus, a resident of the USA. Shlomo Cohen 102,847 -72 Exercise of employee options. (*) As notified to the Company by the interested party or to the best of the Company's knowledge. This is an English translation of segments of a Hebrew immediate report that was published on April 7, 2025 (Ref. No. 2025-01-025613) (hereinafter: the "Hebrew Version"). This English version is only for convenience purposes. This is not an official translation and has no binding force. Whilst reasonable care and skill have been exercised in the preparation hereof, no translation can ever perfectly reflect the Hebrew Version. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail. About Max Stock Max Stock is Israel's leading extreme value retailer, currently present in 65 locations throughout Israel. We offer a broad assortment of quality products for customers' everyday needs at affordable prices, helping customers "Dream Big, Pay Small". For more information, please visit https://ir.maxstock.co.il. Company Contacts:Talia SesslerChief Corporate Development and IR Officer [email protected] SOURCE Max Stock Limited WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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