Max Stock announces an amendment to the agenda for the AGM to be held on September 18, 2025 - Additional changes proposed for the Amended Remuneration Policy

Max Stock announces an amendment to the agenda for the AGM to be held on September 18, 2025 - Additional changes proposed for the Amended Remuneration Policy

CAESAREA, Israel, Sept. 11, 2025 /PRNewswire/ -- Max Stock Ltd. (TASE: MAXO) (the "Company") announces that further to its announcement of August 14, 2025, for an AGM to be held on September 18, 2025, the agenda for the general meeting will include approving additional changes to the Company's remuneration policy, to be effective for a period of three years, as of September 14, 2025, and as approved by the Company's remuneration committee and board of directors on September 9 and 10, 2025:

1. In section 11.2 a cap was added to the discretionary bonus; in section 11.3 the cap for the non-recurring bonus was reduced; in section 11.5.1 a cap was included for the CEO's total compensation; in section 12.2 provisions were included regarding the grant of restricted shares to Company officers; in section 12.3 a clarification was included with respect to the cap for equity compensation; in section 12.4 provisions were added regarding acceleration of the vesting schedule in certain instances, including as a result of a change in control (the "Additional Amendments").
   
   
2. Additionally, throughout the Amended Remuneration Policy provisions regarding the secondary offering under the Company's IPO prospectus dated September 15, 2020 were removed and typographical errors were corrected.

A convenience translation into English of the general meeting notice specifying the Additional Amendments and comparing the Amended Remuneration Policy together with the Additional Amendments against the Current Remuneration Policy, and a complete draft of the Amended Remuneration Policy together with the Additional Amendments marked in track changes against the Current Remuneration can be accessed at https://ir.maxstock.co.il/en/shareholders-meetings/

About Max Stock

Max Stock is Israel's leading extreme value retailer, currently present in 64 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
talia@maxstock.co.il

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SOURCE Max Stock Limited