Max Stock Announces Extraordinary General Meeting Results

Max Stock Announces Extraordinary General Meeting Results

CAESAREA, Israel, Sept. 16, 2026/PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company"), further to its notices dated August 11, 2026 and August 31, 2026 regarding the convening of an extraordinary general meeting of shareholders, today announced that both agenda items were approved with the required majorities at the extraordinary general meeting held yesterday, as follows:

1. Approval of the Company's amended Compensation Policy, for a period of three years commencing on September 15, 2026.
   
   
2. Approval of amendments to the terms of office of Mr. Ori Max as CEO of the Company, effective as of October 1, 2026, including equity compensation comprising 156,551 unlisted options exercisable for ordinary shares of the Company and 106,502 performance-based restricted stock units (PSUs) convertible into ordinary shares of the Company, with an aggregate fair value of ILS 5.25 million, measured as of September 15, 2026 (the date of the extraordinary general meeting).

The voting results were as follows:

Percentages exclude abstentions. Among shareholders who are neither controlling shareholders nor personally interested in the relevant resolution, support was 86.77% for the amended Compensation Policy and 85.62% for the amendments to the CEO's terms of office.

For full details of the approved resolutions, including the amended Compensation Policy and the amendments to Mr. Max's terms of office, please refer to the Company's meeting notice dated August 11, 2026, as amended on August 31, 2026, available on the Company's investor relations website.

This is an English overview of excerpts of a Hebrew immediate report that was published on September 16, 2026 (Ref. No: 2026-01-086228 (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 Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

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SOURCE Max Stock Limited