Kamada (NASDAQ: KMDA) outlines Israeli tax relief on $0.25 dividend

Rhea-AI Filing Summary

Kamada Ltd. obtained a tax ruling from the Israel Tax Authority covering Israeli withholding tax on its previously announced cash dividend of $0.25 (approximately NIS 0.77) per share, totaling about $14.4 million.

Nazdaq shareholders who were on record as of March 23, 2026 and reside in tax treaty countries may qualify for a Reduced Withholding Tax Rate, and certain Israeli corporate holders may qualify for an exemption, if they follow the ruling’s procedures.

Kamada appointed IBI Trust Management as tax processing agent, and eligible Nasdaq shareholders must submit all required documentation by May 9, 2026 to benefit. The dividend is expected to be paid on April 7, 2026 and is not an indication of future dividends.

Key Figures

Dividend per share: $0.25 per share Dividend per share in NIS: NIS 0.77 per share Total dividend amount: $14.4 million +5 more

8 metrics

Dividend per share $0.25 per share Cash dividend on ordinary shares announced March 11, 2026

Dividend per share in NIS NIS 0.77 per share Approximate Israeli shekel equivalent of $0.25 dividend

Total dividend amount $14.4 million Total cash dividend to shareholders

Record Date March 23, 2026 Shareholders of record on this date eligible for dividend

Payment Date April 7, 2026 Expected payment date of the cash dividend

Documentation deadline May 9, 2026 Deadline to submit forms for Reduced Withholding Tax Rate

Standard withholding rate substantial holders 30% Israeli withholding tax on dividends to substantial shareholders

Standard withholding rate other holders 25% Israeli withholding tax on dividends to other shareholders

Key Terms

withholding tax, Reduced Withholding Tax Rate, substantial shareholder, Record Date, +2 more

6 terms

withholding tax financial

"updates on Withholding Tax Procedures on Previously Announced Cash Dividend"

Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.

Reduced Withholding Tax Rate financial

"may be eligible for a reduced Israeli withholding tax rate (a “Reduced Withholding Tax Rate”)"

substantial shareholder financial

"the current rate of Israeli withholding tax on dividends paid ... is 30% for distributions to a “substantial shareholder”"

Record Date financial

"to shareholders of record at the close of business on March 23, 2026 (the “Record Date”)"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

plasma-derived therapies financial

"a leader in the specialty plasma-derived therapies field"

Plasma-derived therapies are medical products made from proteins extracted from donated blood plasma, used to treat immune deficiencies, bleeding disorders and other chronic conditions. Think of them like concentrated ingredients pulled from a large pot of soup to make a targeted remedy; their manufacture depends on steady donations, complex processing and strict regulation. For investors, that means revenue can be recurring and resilient but also sensitive to supply bottlenecks, regulatory changes and pricing pressures.

Form 20-F regulatory

"As set out in the Company’s Annual Report on Form 20-F for the year ended December 31, 2025"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the Month of March 2026

Commission File Number 001-35948

Kamada Ltd.

(Translation of registrant’s name into English)

2 Holzman Street
Science Park, P.O. Box 4081
Rehovot 7670402
Israel
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒         Form 40-F ☐

This Form 6-K is being incorporated by reference into the Registrant’s Form S-8 Registration Statements, File Nos. 333-192720, 333-207933, 333-215983, 333-222891, 333-233267 and 333-265866.

 The following exhibit is attached:

99.1 Kamada Updates on Withholding Tax Procedures on Previously Announced Cash Dividend to Shareholders

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 31, 2026	KAMADA LTD.
	By:	/s/ Nir Livneh
		Nir Livneh Vice President General Counsel and Corporate Secretary

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EXHIBIT INDEX

EXHIBIT NO.		DESCRIPTION
99.1		Kamada Updates on Withholding Tax Procedures on Previously Announced Cash Dividend to Shareholders

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Exhibit 99.1

Kamada Updates on Withholding Tax Procedures on Previously Announced Cash Dividend to Shareholders

REHOVOT, Israel, and HOBOKEN, NJ – March 31, 2026 – Kamada Ltd. (the “Company”) (NASDAQ: KMDA; TASE: KMDA.TA), a global biopharmaceutical company with a portfolio of marketed products indicated for rare and serious conditions and a leader in the specialty plasma-derived field, announced today that it has obtained a tax ruling (the “Ruling”) from the Israel Tax Authority (the “ITA”) with respect to the cash dividend of $0.25 (approximately NIS 0.77) per share on the Company’s ordinary shares (totaling approximately $14.4 million) announced on March 11, 2026 (the “Dividend”), expected to be paid on April 7, 2026 (the “Payment Date”), to shareholders of record at the close of business on March 23, 2026 (the “Record Date”).

As a result of the Ruling, shareholders who hold Company shares as of the Record Date that trade such shares on the Nasdaq Stock Market (“Nasdaq Shareholders”) and are residents of a country with which Israel has a tax treaty (“Treaty State”) may be eligible for a reduced Israeli withholding tax rate (a “Reduced Withholding Tax Rate”) on their share of the Dividend (the “Nasdaq Dividend”), in comparison to the generally applicable Israeli withholding tax rate under certain terms and conditions as generally set forth below. In addition, Nasdaq Shareholders that are Israeli corporate shareholders may be eligible for an exemption from Israeli withholding tax, under the terms and conditions set forth in the Ruling and generally described below.

The description below is not intended to constitute a complete review of withholding tax procedures related to the distribution of the Nasdaq Dividend, nor does it address the tax liability of any Nasdaq Shareholder. It merely pertains to the Israeli withholding tax procedures concerning the distribution of the Nasdaq Dividend to Nasdaq Shareholders. All shareholders, including Nasdaq Shareholders, are advised to consult their own tax and financial advisors regarding the tax consequences of their specific situations, as well as any tax implications that may arise under the laws of any applicable state, local, foreign, or other taxing jurisdiction.

In order to facilitate the implementation of the procedures set forth in the Ruling for the benefit of Nasdaq Shareholders, the Company appointed IBI Trust Management to serve as a processing agent for the benefit of the Nasdaq Shareholders in connection with the distribution of the Nasdaq Dividend (the “Tax Agent”).

Forms required to be submitted to the Tax Agent to benefit from a Reduced Withholding Tax Rate in accordance with the Ruling, as generally described below, are available at the following link - here (the full link appears below, in the Tax Agent’s contact information).

General Withholding Tax Treatment under Israeli Law

As set out in the Company’s Annual Report on Form 20-F for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission on March 11, 2026, with respect to dividends sourced from regular earnings, under the Israeli Tax Ordinance and regulations issued under the Israeli Tax Ordinance, the current rate of Israeli withholding tax on dividends paid by an Israeli company is 30% for distributions to a “substantial shareholder” (in general, a person who holds, directly or indirectly, alone or together with another, 10% or more of any means of control in the company) and 25% with respect to distributions to all other shareholders.

Summary of the Main Terms of the Ruling

The following is a summary of some of the key terms of the Ruling. The description below does not purport to cover all the terms and conditions included in the Ruling and is not a complete translation of the Ruling. To benefit from a Reduced Withholding Tax Rate, Nasdaq Shareholders must comply with all the terms of the Ruling. All shareholders, including Nasdaq Shareholders, are advised to consult their own tax and financial advisors regarding the Ruling.

1. On the Payment Date, the Company will withhold 25% of the Nasdaq Dividend amount and remit the tax to the Tax Agent, who will handle it in accordance with the Ruling’s terms and conditions.

2. The remaining 75% of the Nasdaq Dividend will be sent by the Company to its U.S. transfer agent, Equiniti Trust Company, LLC, which will distribute the amount to the Nasdaq Shareholders, including through brokers holding the Company’s shares in brokerage accounts on behalf of Nasdaq Shareholders.

3. Nasdaq Shareholders who declare residency in a Treaty State and the sole beneficial ownership of the Nasdaq Dividend may apply to the Tax Agent to receive (subject to meeting documentation and other requirements) the difference between the 25% tax remitted to the Tax Agent and the withholding tax rate specified in the applicable tax treaty. Applications must be received by the Tax Agent between the Payment Date and the close of business on May 9, 2026, together with all relevant documentation, as follows:

(i) Bank account details, applicable identification document, and confirmation of residence for 2025 issued by the taxing authority of their state of tax residence;

(ii) A written declaration under which the Nasdaq Shareholder declares: (a) that it is not an Israeli resident for tax purposes for 2025; (b) it does not hold more than 5% of the Company’s issued share capital and its Dividend income does not exceed $500,000; (c) it acquired the shares on or after the listing of the Company’s shares on Nasdaq and while the shares were listed for trade, and was not an Israeli resident for tax purposes when it acquired the shares; (d) in the case of an individual or a corporation, sole beneficial ownership of the Dividend; and (e) in the case of an entity, that more than 75% of their shareholders/partners/beneficiaries (as applicable), directly or indirectly, are individuals of its state of residence for 2025;

(iii) Non-Israeli corporate Nasdaq Shareholders must also provide the share register of their shareholders or partners as of the Record Date (in the case of a corporation or partnership) or list of beneficiaries, settlors and trustee as of the Record Date (in the case of a trust); and

(iv) Such additional documents as requested by the Tax Agent to establish tax residence or entitlement to a Reduced Tax Withholding Rate.

4. Israeli corporate Nasdaq Shareholders entitled to an exemption from Israeli withholding tax must provide the Tax Agent, by the close of business on May 9, 2026, a valid ITA certificate of exemption from withholding tax and a copy of its certificate of incorporation.

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5. No refund of excess withholding tax will be made by the Tax Agent for Nasdaq Shareholders holding more than 5% of the Company’s issued share capital or with Dividend entitlements exceeding $500,000, except in accordance with a valid ITA approval.

6. The Tax Agent will transfer withheld amounts to the ITA, excluding those returned to Nasdaq Shareholders, and will return withheld amounts to Nasdaq Shareholders’ accounts within 30 days of payment to the ITA, subject to receipt of required documentation.

7. The Ruling addresses only tax withholding procedures and does not determine the actual tax liability of any Nasdaq Shareholder regarding the Nasdaq Dividend or otherwise.

Tax Agent Contact Information

IBI Trust Management

Tel No: +972-3-5193896, +972 506 209 410

Email: KamadaDividend@ibi.co.il

We encourage you to contact the Tax Agent, at the contact details provided above, if you need any clarifications in filling the forms required under the Ruling to obtain a Reduced Withholding Tax Rate, or if you have any questions concerning the process. If you are unable to access the forms via the link below, hard copies of the forms can be obtained free of charge by email, by contacting the Tax Agent at the contact details provided above.

Please note that the Tax Agent will not provide any tax advice to any shareholder, including any Nasdaq Shareholder, who should consult their own tax and financial advisors.

In order to be eligible to benefit from a Reduced Withholding Tax Rate, Nasdaq Shareholders must provide the Tax Agent with all documentation required under the Ruling no later than May 9, 2026.

If a Nasdaq Shareholder fails to provide the Tax Agent with all the documentation required by May 9, 2026, the Tax Agent will not be able to attend to such Nasdaq Shareholder’s application and will not be able to return any amounts originally remitted on behalf of such Nasdaq Shareholder nor provide any confirmation of tax withholding to such a Nasdaq Shareholder, either in connection with the Ruling or in connection with any other tax filing by such Nasdaq Shareholder.

Link to forms:

https://form.cellosign.co/public/djE6d2Y6OGFiYzU0ZDgtZTYxZi00ZGE0LWEzMTktODFiZWYwYzY2OTg2OlN0YXJ0RXZlbnRfMWl1OTBscQ

About Kamada

Kamada Ltd. (the “Company”) is a global biopharmaceutical company with a portfolio of marketed products indicated for rare and serious conditions and a leader in the specialty plasma-derived therapies field. FIMI Opportunity Funds, the leading private equity firm in Israel, is the Company’s controlling shareholder, beneficially owning approximately 38% of the outstanding ordinary shares. The Company’s strategy is focused on driving profitable growth through four primary growth pillars: First, organic growth of its commercial portfolio, including continued investment in the commercialization and life cycle management of its proprietary products, consisting of six FDA-approved specialty plasma-derived products: KEDRAB®, GLASSIA®, CYTOGAM®, VARIZIG®, WINRHO SDF® and HEPAGAM B®, as well as KAMRAB®, and two types of equine-based anti-snake venom products. Second, distribution of third parties’ pharmaceutical products in Israel & the MENA region through in-licensing partnerships, including the launch of several biosimilar products in Israel. Third, the Company is ramping up its plasma collection operations to support revenue growth through the sale of normal source plasma to other plasma-derived manufacturers, and to support its increasing demand for hyper-immune plasma. The Company currently owns three FDA approved operating plasma collection centers in the United States, in Beaumont, Houston, and San Antonio, Texas. Fourth, the Company aims to secure new mergers and acquisitions, business development, in-licensing and/or collaboration opportunities, which are anticipated to enhance the Company’s marketed products portfolio and leverage its financial strength and existing commercial infrastructure to drive long-term profitable growth. The Company is leveraging its manufacturing, research and development expertise to advance the development and commercialization of additional product candidates, targeting areas of significant unmet medical need.

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Cautionary Note Regarding Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts, including: (1) the fact that the payment of this cash dividend is not an indication of any future dividends, and (2) the potential eligibility of certain shareholders for a Reduced Withholding Tax Rate on their share of the Nasdaq Dividend, subject to compliance with the terms and conditions of a tax ruling obtained from the Israel Tax Authority. Forward-looking statements are based on Kamada’s current knowledge and its present beliefs and expectations regarding possible future events and are subject to risks, uncertainties and assumptions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors including, but not limited to the evolving nature of the conflicts in the Middle East with bombing of Iran by the U.S. and Israel, and the impact of such conflicts in Israel, the Middle East and the rest of the world, the impact of these conflicts on market conditions and the general economic, industry and political conditions in Israel, the U.S. and globally, effect of potential imposed tariff on overall international trade and specifically on Kamada’s ability to continue maintaining expected sales and profit levels in light of such potential tariff, the effect on establishment and timing of business initiatives, Kamada’s ability to leverage new business opportunities and integrate them with its existing product portfolio, regulatory delays, Kamada’s ability and board discretion to declare and pay annual cash dividends, and other risks detailed in Kamada’s filings with the U.S. Securities and Exchange Commission (the “SEC”) including those discussed in its most recent Annual Report on Form 20-F and in any subsequent reports on Form 6-K, each of which is on file or furnished with the SEC and available at the SEC’s website at www.sec.gov. The forward-looking statements made herein speak only as of the date of this announcement and Kamada undertakes no obligation to update publicly such forward-looking statements to reflect subsequent events or circumstances, except as otherwise required by law.

CONTACTS:

Chaime Orlev

Chief Financial Officer

IR@kamada.com

Brian Ritchie

LifeSci Advisors, LLC

212-915-2578

britchie@LifeSciAdvisors.com

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FAQ

What dividend did Kamada (KMDA) confirm in this 6-K?

Kamada confirmed a previously announced cash dividend of $0.25 per ordinary share, approximately NIS 0.77, totaling about $14.4 million. The dividend is expected to be paid on April 7, 2026, to shareholders of record as of March 23, 2026.

How can Kamada (KMDA) Nasdaq shareholders benefit from reduced Israeli withholding tax?

Nasdaq shareholders in countries with an Israeli tax treaty may obtain a Reduced Withholding Tax Rate on the dividend by submitting required forms to IBI Trust Management. They must provide all documentation specified in the ruling to the Tax Agent no later than May 9, 2026.

What are the standard Israeli withholding tax rates on Kamada (KMDA) dividends?

Under Israeli law, dividends from regular earnings are generally subject to 30% withholding for a “substantial shareholder” holding at least 10% control, and 25% for other shareholders. The new ruling allows certain Nasdaq shareholders to apply for reduced rates under specific conditions.

Who is handling the tax documentation process for Kamada (KMDA) Nasdaq shareholders?

IBI Trust Management is serving as the Tax Agent for Nasdaq shareholders regarding the dividend. It provides required forms, assists with clarification on completing them, and processes applications for reduced withholding tax, but does not provide tax advice, which shareholders must obtain independently.

What deadline applies to Kamada (KMDA) shareholders seeking reduced withholding tax?

Nasdaq shareholders must submit all documentation required under the tax ruling to IBI Trust Management by May 9, 2026. If they miss this deadline, the Tax Agent cannot process their applications, refund amounts remitted, or issue withholding confirmations for their tax filings.

Does Kamada’s announced dividend imply similar future dividends?

Kamada states that payment of this cash dividend is not an indication of any future dividends. Whether additional dividends occur will depend on future decisions and conditions described in the company’s risk disclosures and governance framework, rather than this single distribution.

Filing Exhibits & Attachments

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Press Releases

• EX-99.1 KAMADA UPDATES ON WITHHOLDING TAX PROCEDURES ON PREVIOUSLY ANNOUNCED CASH DIVIDE 30.0 KB