Phoenix Financial Ltd. Increases Stake in Caesarstone Ltd.

Phoenix Financial Ltd., through its subsidiaries, has increased its beneficial ownership of Caesarstone Ltd. ordinary shares to 1,582,530, representing 4.58% of the total outstanding shares. This change is detailed in a SCHEDULE 13G/A filing dated March 13, 2026, with the event occurring on March 9, 2026. The filing clarifies that the securities are managed by various subsidiaries of Phoenix Financial Ltd., which operate independently and make their own voting and investment decisions. The company explicitly disclaims the formation of a group for the purpose of Section 13(d) of the Securities Exchange Act of 1934 and asserts no beneficial ownership beyond their actual pecuniary interest. The filing also includes certifications that the securities were not acquired or held to influence the control of the issuer.