Max Stock Limited (TASE: MAXO); (the "Company", "Max Stock") announced holdings of interested parties and senior officers as of December 31, 2022

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Jan 06, 2023, 02:32 ET

CAESAREA, Israel, Jan. 6, 2023 /PRNewswire/ --

A. 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	28.32 28.32	27.91 27.91
2	Evan Charles Neumann	Max Stock Ordinary Share	81,784	0.06 0.06	0.06 0.06
3	Ori Max	Max Stock Ordinary Share	24,981,492	17.98 17.98	17.72 17.72
4	Kayne Anderson Rudnick Investment Management, LLC	Max Stock Ordinary Share	9,040,184	6.51 6.51	6.41 6.41
5	The Phoenix Holdings Ltd. - Nostro	Max Stock Ordinary Share	1,230,000	0.88 0.88	0.87 0.87
6	The Phoenix Holdings Ltd. - Provident funds and provident fund management companies	Max Stock Ordinary Share	21,759,968	15.67 15.67	15.43 15.43
7	Excellence Investments Ltd. - Mutual funds management companies	Max Stock Ordinary Share	692,353	0.49 0.49	0.49 0.49
8	Excellence Investments Ltd. - Market maker	Max Stock Ordinary Share	2,094	0.00 0.00	0.00 0.00
9	Max Stock Ltd.	Max Stock Ordinary Share	3,658,971	0.00 0.00	0.00 0.00

% holdings

% equity % voting

% holdings (on a fully
diluted basis)

% equity % voting

69.91 69.91

68.89 68.89

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 UP2020 share options	195,419	0 0	0.14 0.14
11	Nir Dagan	Max Stock UP2020 share options	185,813	0 0	0.13 0.13
12	Oz Corsia	Max Stock UP2020 share options	205,000	0 0	0.15 0.15
13	Roy Ben Nun	Max Stock UP2020 share options	94,324	0 0	0.07 0.07
14	Ifat Nir-Katz	Max Stock UP2020 share options	84,371	0 0	0.06 0.06
15	Paz Oz	Max Stock UP2020 share options	9,015	0 0	0.01 0.01
16	Ofir Edri	Max Stock UP2020 share options	94,326	0 0	0.07 0.07

% holdings

% equity % voting

% holdings (on a fully
diluted basis)

% equity % voting

0 0

0.63 0.63

The summary table below includes an overview of interested party holdings which were subject to a change in the reporting period:

Name	Updated holdings (31-Dec-2022)	Change (+/-)	Updated holdings (%) (31-Dec-2022)	Maximal holding in period (%)	Minimal holding in period (%)	Comments
Kayne Anderson Rudnick Investment Management, LLC	9,040,184	-1,787,693	6.51 %	7.68 %	6.49 %	(*) Interested party is a registered investment advisor with the SEC with discretionary voting power over its clients' shares, which directly and cumulatively exceed 5% of the Company's shares. It should be noted that one of the accounts managed by the interested party includes shares exceeding 5% of the Company's shares. Interested party holds other Company shares on behalf of other clients, but does not have discretionary voting power in such respect. Such shares are therefore excluded from the total used to calculated interested party holdings.
The Phoenix Holdings Ltd - Nostro	1,230,000	+ 400,000	0.88 %	0.88 %	0.58 %	() (*)
The Phoenix Holdings Ltd. – Provident Funds & Provident Fund Management Companies	21,759,968	+541,225	15.67 %	15.67 %	15.28 %	() (*)
Excellence Investments Ltd. – Mutual funds management companies	692,353	+479,312	0.15 %	0.49 %	0.15 %	() Interested party is part of The Phoenix corporate group. (*)
Excellence Investments Ltd. – Market maker	2,094	+2,086.66	0 %	0.00 %	0.00 %	() Interested party is part of The Phoenix corporate group. (*)
Shlomo Cohen	195,419	-40,394				Exercise of employee options
Nir Dagan	185,813	-50,000				Exercise of employee options
Oz Corsia	205,000	-30,813				Exercise of employee options
Roy Ben Nun	94,324	-141,489				Exercise of employee options
Ifat Nir Katz	84,371	-57,146				Exercise of employee options
Ofir Edri	94,326	+94,326				Nomination as a senior officer

(*) As notified to the Company by the interested party or to the best of the Company's knowledge.

(**) For a detailed description of which corporate entities are included as part of the interested party's reported holdings – please see the full text of the report dated January 5, 2023 published on the Tel Aviv Stock Exchange distribution website (MAYA).

This is an English translation of excerpts of a Hebrew immediate report that was published on January 5, 2023 (Ref. No: 2023-01-003283 (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 (TASE: MAXO) is Israel's leading extreme value retailer, currently present in 56 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 Sessler,
Chief Corporate Development and IR Officer
[email protected]

SOURCE Max Stock Limited