AGM Information • Dec 16, 2025
AGM Information
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Company Number: 520025438
To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T049 (Public)
Transmitted via MAGNA: 16/12/2025
Reference: 2025-01-100364 Email (ISA): www.isa.gov.il Email (TASE): www.tase.co.il
Regulation 36D of the Securities Regulations (Periodic and Immediate Reports), 1970
Regulation 13 of the Securities Regulations (Transaction between a Company and its Controlling Shareholder), 2001 Regulation 22 of the Securities Regulations (Private Offering of Securities in a Registered Company), 2000
Explanation: This form is used to report all types of meetings.
Clarification: This form must be filled for each type of security for which a meeting invitation notice was published (Form T-460)
Please fill the subjects as they appear in the last Form T460 published regarding this meeting.
| S/N | Agenda Number (per T460) |
Subject Details | Decision Essence | Meeting Decision |
|---|---|---|---|---|
| 1 | 1 | Subject Summary: Discussion of the Company's audited annual financial statements and the Board of Directors' report on the state of the Company's affairs for the year ended December 31, 2024. Majority Required: Decision Classification: Declaration: No appropriate field for classification. Transaction with controlling shareholder: No Type of transaction or matter for voting: |
Discussion of the Company's audited annual financial statements and the Board of Directors' report on the state of the Company's affairs for the year ended December 31, 2024. |
For reporting only |
| 2 | 2 | Subject Summary: Approval of the appointment of the Company's auditing accountants and report on the auditing accountants' fees for 2024. Majority Required: Simple majority Decision Classification: Declaration: No appropriate field for classification. Transaction with controlling shareholder: No Type of transaction or matter for voting: |
Approve the renewal of the appointment of Kost Forer Gabbay & Kasierer (PWC) as the Company's auditing accountant until the end of the next annual general meeting. |
Approve |
| 3 | 3 | Subject Summary: Approval of the re-appointment for another term of the Company's acting directors who are not external directors – Mr. Zachi Nachmias. Majority Required: Simple majority Decision Classification: Appointment or dismissal of a director per Sections 59 and 230 of the Companies Law. Transaction with controlling shareholder: No Type of transaction or matter for voting: |
Approve the re-appointment of Mr. Zachi Nachmias, an acting director in the Company, for another term from the approval date by the general meeting until the end of the next annual meeting or until the end of tenure in accordance with any law and/or the Company's articles of association, whichever comes first. |
Approve |
| 4 | 4 | Subject Summary: Approval of the re-appointment for another term of the Company's acting directors who are not external directors – Mr. Assi Shariv. Majority Required: Simple majority Decision Classification: Appointment or dismissal of a director per Sections 59 and 230 of the Companies Law. Transaction with controlling shareholder: No Type of transaction or matter for voting: |
Approve the re-appointment of Mr. Assi Shariv, serving as an independent director in the Company, for another term from the approval date by the general meeting until the end of the next annual meeting or until the end of tenure in accordance with any law and/or the Company's articles of association, whichever comes first. |
Approve |
| 5 | 6 | Subject Summary: Approval of renewal of the Company's cost |
Approve the extension of the service agreement between the Company and Discount Investment |
Approve |
| S/N | Agenda Number (per T460) |
Subject Details | Decision Essence | Meeting Decision |
|---|---|---|---|---|
| sharing agreement (services agreement) with the controlling shareholder. Majority Required: Not a simple majority Decision Classification: Declaration: No appropriate field for classification. Transaction with controlling shareholder: Yes Type of transaction or matter for voting: Other |
Corp. for an additional 18 months (until 30.6.2027) and approve the update of the agreement as detailed in the meeting invitation report. |
| Details of Votes on Resolutions Requiring Other than a Simple Majority: |
|---|
| 1. Subject Summary: Discussion of the Company's audited annual financial statements and the Board of Directors' report on the state of the Company's affairs for the year ended December 31, 2024. |
| Assembly Decision: For reporting only The decision concerns: |
| (Voting tables omitted for brevity as all fields are blank for this item) |
| 2. Subject Summary: Approval of the appointment of the Company's auditing accountants and report on the auditing accountants' fees for 2024. |
| Assembly Decision: Approve The decision concerns: |
| (Voting tables omitted for brevity as all fields are blank for this item) |
| 3. Subject Summary: Approval of the re-appointment for another term of the Company's acting directors who are not external directors – Mr. Zachi Nachmias. |
| Assembly Decision: Approve The decision concerns: |
| (Voting tables omitted for brevity as all fields are blank for this item) |
| 4. Subject Summary: Approval of the re-appointment for another term of the Company's acting directors who are not external directors – Mr. Assi Shariv. |
| Assembly Decision: Approve The decision concerns: |
(Voting tables omitted for brevity as all fields are blank for this item)
Assembly Decision: Approve The decision concerns: Other This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.
| Quantity | Votes For | Votes Against | |
|---|---|---|---|
| Total voting rights | 7,387,265 | ||
| Shares/Securities participating in the vote | 6,788,776 | ||
| Shares/Securities counted in the vote | 6,788,776 | Quantity: 6,787,996 Percentage: 99.99% |
Quantity: 780 Percentage: 0.01% |
| Shares/Securities voted not classified as having personal interest (1) | 1,581,927 | Quantity: 1,581,147 Percentage: 99.95% |
Quantity: 780 Percentage: 0.05% |
A TXT file: 49_2025-01-085659.txt (link in the original not replicated)
Note: Using the "Voting Results Processing Tool" can assist in extracting the details required for reporting. The responsibility for correctness and completeness, according to law, applies only to the reporting corporation.
The tool is available for download on the Authority's website: here
This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.
| Report | Publication Date | Reference Number |
|---|---|---|
| Original | 10/11/2025 | 2025-01-085659 |
| S/N | Signatory Name | Position |
|---|---|---|
| 1 | Oz Kfir | Other Legal Advisor and Company Secretary |
Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report according to these regulations must be signed by the authorized signatories on behalf of the corporation. Staff guidance on this topic can be found on the authority's website: Click here
Free Text Section: "In reporting on the existence or absence of a personal interest, the company relied on the declarations of the shareholders participating in the vote, or their proxies, as the case may be. The company belongs to the Discount Investment Corp. Ltd. ("Discount Investment") group, a company without a controlling shareholder. Naturally, given the size of the Discount Investment group and its associated companies and their business activities, some of the voters (or their controlling shareholders) who voted at the meeting on the matters on the agenda have or may have business relations with companies in the Discount Investment group and/or the company, including financial services agreements, loans, space leases, holdings in companies in which the Discount Investment group and/or the company also have holdings, etc. Also, some institutional investors may invest in or hold such companies.
As mentioned above, the company relied on the declarations of the voters that they have no personal interest in the vote, and the company's understanding, based on these declarations, is that such business connections, if they exist for the voter, are in the ordinary course of their business and do not create a personal interest."
Reference Numbers of Previous Documents on the Subject (mention does not constitute incorporation by reference):
This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.
Short Name: Property and Building
Address: ToHA Tower, Yigal Alon 114, Tel Aviv 6744320
Phone: 03-5672777, 03-5672783
Fax: 03-5672776
Email: [email protected]
Company Website: www.pbc.co.il
Previous names of reporting entity:
Electronic Reporting Signatory: Yitzhak Baruch
Position: CEO Employer:
Address: Yigal Alon 114, Tel Aviv 6744320
Phone: 03-5672770 Email: [email protected]
Form Structure Update Date: 06/08/2024
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