The Partnership hereby respectfully reports that Chevron Mediterranean Limited (Chevron), the operator of the Leviathan Project, received on February 28, 2026 a notice from the Minister of Energy and Infrastructure (the “Minister”), according to which, based on a security recommendation delivered to him, Chevron is required to suspend the operation of the Leviathan platform until further notice to be issued by the Minister.

The Minister further noted that, pursuant to security requirements, the Commissioner of Petroleum Affairs is authorized to issue additional instructions relating to the operation of the platform.
Accordingly, natural gas production from the Leviathan reservoir has been suspended.

In addition, on February 28, 2026, the Commissioner of Petroleum Affairs notified the Leviathan partners that, in light of recent developments and the special state of emergency on the home front, Chevron is required to prepare for a flexible operating policy for the platform. Such policy may include, inter alia, temporary suspensions of production, in accordance with periodic situation assessments and ongoing updates received from the security authorities.

It is noted that, in accordance with the gas sales agreements, the Leviathan partners intend to notify customers of the activation of the force majeure clause due to the suspension of production as described above.

The holding rates in the Leviathan reservoir:
NewMed: Energy Balkan Limited 45.34%
Chevron: 39.66%

About NewMed Energy

NewMed Energy is Israel’s leading energy partnership in the exploration, development, production and sale of natural gas and condensate.
The partnership previously named “Delek Drilling” is a subsidiary of the Delek Group.

About Chevron

Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new energies businesses.