Mr. Ran Fridrich will continue as Chief Executive Officer of the Company Tel-Aviv, Israel, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and USA, today announced that S. Nechama Investments (2008) Ltd., Kanir Joint Investments (2005) LP and Anat Raphael, who together currently hold approximately 45.9% of the Company’s outstanding sh ...

Core Points - Ellomay Capital Ltd. held its annual general meeting on October 23, 2025, where several proposals were approved by the shareholders [1][4]. Group 1: Shareholder Proposals - The reelection of directors Ben Sheizaf, Ran Fridrich, Anita Leviant, and Ehud Gil was approved [4]. - An increase in the authorized share capital of the Company and related amendments to the Articles of Association and Memorandum of Association were approved [4]. - The purchase of a directors and officers liability insurance policy was approved [4]. - Updated terms of employment and payment of a bonus to Asaf Nehama, son of a controlling shareholder, were approved [4]. - Somekh Chaikin, a member of KPMG International, was reappointed as independent auditors for the fiscal year ending December 31, 2025, with the Board authorized to set their remuneration [4]. Group 2: Company Overview - Ellomay Capital Ltd. is focused on renewable energy and power generation in Europe, Israel, and the USA since 2009 [3]. - The Company has significant investments in solar power plants in Spain and Italy, with a total operating capacity of approximately 335.9 MW in Spain and 38 MW in Italy [5]. - Ellomay holds a 16.875% indirect interest in Dorad Energy Ltd., which operates a power plant in Israel with a capacity of approximately 850 MW [5]. - The Company is involved in anaerobic digestion projects in the Netherlands with a combined green gas production capacity of approximately 16.3 million Nm3 per year [5]. - Ellomay is constructing a 156 MW pumped storage hydro power plant in Israel and has solar projects in Texas with a total capacity of approximately 49 MW [5].

Core Viewpoint - Ellomay Capital Ltd. is set to hold its annual general meeting on October 23, 2025, to discuss key corporate matters including director reelections and financial approvals [1][2]. Meeting Agenda - The agenda includes the reelection of directors Ben Sheizaf, Ran Fridrich, Anita Leviant, and Ehud Gil [2] - Approval for an increase in authorized share capital and amendments to the Company's Articles of Association [2] - Approval of a directors and officers liability insurance policy [2] - Approval of updated employment terms and bonus payment for Asaf Nehama, son of a controlling shareholder [2] - Reappointment of Somekh Chaikin as independent auditors for the fiscal year ending December 31, 2025 [2] - Receipt and consideration of the Auditors' Report and Financial Statements for the fiscal year ended December 31, 2024 [2] Voting Eligibility and Process - Shareholders of record as of September 18, 2025, are entitled to vote at the Meeting [3] - A proxy statement will be mailed around September 19, 2025, detailing the proposals [3] - Voting can be conducted via proxy card or through the electronic system of the Israel Securities Authority [6] Special Voting Requirements - Resolutions require a majority vote from ordinary shares present at the Meeting [4] - Additional special voting requirements apply to certain proposals related to controlling shareholders [4] Company Overview - Ellomay Capital Ltd. is focused on renewable energy and power generation in Europe, Israel, and the USA [7] - The company has invested in various renewable energy projects across multiple countries including Israel, Italy, Spain, the Netherlands, and Texas, USA [8][11]