Company Announcements

CAESAREA, Israel , Sept. 19, 2025 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") held on September 18, 2025 a general meeting of its shareholders and reported that all of the agenda items had been approved with the required majorities, as follows:

1. Reappointment of Ernst & Young Israel - Kost Forer Gabbay & Kasierer, to serve as the Company's auditors until the next annual general meeting and to authorize the Company's board of directors to establish its fees.

Required majority: ordinary majority.

1. Reappointment of the directors listed below (who are not external directors) currently serving on the Company's board of directors, until the end of the next annual general meeting:
1. Ms. Zehavit Cohen (non-external director);
2. Mr. Ori Max (non-external director);
3. Mr. Erez Nahum (non-external director);
4. Ms. Limor Brik-Shay (non-external director);
5. Mr. Guy Gissin (non-external director);
6. Ms. Suzan Mazzawi (independent director).

Required majority: ordinary majority.

1. Extension of the management and consulting services agreement with Moose Holdco Ltd., one of the Company's controlling shareholders, for an additional 3-year term commencing on September 14, 2025.

Required majority: Extraordinary majority.

1. Approval of the Company's amended remuneration policy for a 3-year term commencing on September 14, 2025.

Required majority: Extraordinary majority.

1. Approval of an extension of the letters of indemnity given by the Company to officers with an affinity with the controlling shareholders, to officers related to the controlling shareholders and to officers with who the controlling shareholders may have a personal interest in being granted letters of indemnity, for a three-year period commencing on September 14, 2025.

Required majority: Extraordinary majority.

1. Approval of an extension of the letters of release given by the Company to directors with an affinity with the controlling shareholders, to directors related to the controlling shareholders and to directors with who the controlling shareholders may have a personal interest in being granted letters of release, for a three-year period commencing on September 14, 2025.

Required majority: Extraordinary majority.

This is an English overview of excerpts of a Hebrew immediate report that was published on September 18, 2025 (Ref. No: 2025-01-070744 (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 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