Pursuant to the Companies Law, 5759 – 1999 (hereinafter: “the Companies Law”), the Companies Regulations (Notification and Advertising a General Meeting and Type Meeting in a Public Company and Adding of a Matter to the Agenda), 5760 – 2000, the Companies Regulation (Voting in Writing and Position Papers), 5766 – 2005, and the Securities Regulations (Periodic and Immediate Reports), 5730 – 1970, the Company hereby announces the holding of an annual general meeting of the Company’s shareholders, to be held on Monday, May 5th 2025, at 15:00, at the Company’s registered office, No. 1 Sapir Street, Herzliya (Tel.: 03-9483535; Fax: 03-9483593) (hereinafter: “the Meeting”). The Meeting’s agenda shall concern the decisions below, all as described in the Company’s immediate report regarding calling the meeting, dated March 19th 2025 (reference number: 2025-01-018266) (hereinafter: “the Calling Report”): (1) A discussion regarding the financial reports and the Board of Directors’ report of the Company’s business for the year concluding on December 31st, 2024; (2) Approval of the reappointment of the Company’s serving directors, i.e., Yaron Gazit (Chairman of the Board of Directors), Gad Gideon Netzer, Eyal Fishman, Yair Geller and Sigalit Segal (as an independent director) for an additional term until the end of next year’s general annual meeting, all this as described in Section 2.2 of the Calling Report; (3) Approval of the reappointment of the Fahn Kanne & Co. accounting office as the auditing accountant for the Company until the end of next year’s general annual meeting;
The determining date for establishing a shareholder’s right to participate and vote at the meeting, as stated in Section 182 of the Companies Law, is the end of the trading date at the Tel Aviv Stock Exchange LTD, on Thursday, April 3rd, 2025 (hereinafter: “the Determining Date”).
The shareholders may vote on all decisions on the agenda as listed above, either personally or by proxy or by written vote or by using the electronic voting system. The wording for a written vote and position paper for the abovementioned meeting can be found on the MAGNA distribution site at www.magna.isa.gov.il and on the Stock Exchange’s site at www.tase.co.il (hereinafter: “the Distribution Site” and “the Stock Exchange Site”, respectively).
The voting shall be on the second side part of the written vote, as published on the Distribution Site and the Stock Exchange Site
Deadline for sending position papers to the company: Friday, April 25th, 2025.
The deadline for presenting the Board of Directors’ response to the position papers, should the shareholders submit any, and should the Board of Directors’ choose to respond to the abovementioned position papers, shall be: Wednesday, April 30th, 2025.
Deadline for submitting written votes to the Company: Monday, May 5th, 2025, no later than 11:00.
The shareholders may vote on all decisions on the agenda as listed above using the electronic voting system, which shall be open to voting after the Determining Date. Voting using the electronic voting system shall end 6 hours prior to the date of the meeting (Monday, May 5th, 2025, 09:00), than the electronic voting system would close.
A copy of the Calling Report is available for perusal at the Company offices, as described above, in advance coordination with Mr. Amir Doron, CFO (Tel.: 03-9483535), this until the date of the meeting. A copy of the Calling Report is also published on the Distribution Site and the Stock Exchange Site.
GLOBRANDS GROUP L