Property & Building Corporation Ltd.

Major Shareholding Notification • Dec 17, 2025

PROPERTY AND BUILDING CORP. LTD

Registration number: 520025438

To:

Israel Securities Authority

Tel Aviv Stock Exchange Ltd.

Form Number: T076 (Public) Sent via MAGNA: 17/12/2025

Reference: 2025-01-100781

Correction report for a disrupted report sent on 15/12/2025, whose reference number is: 2025-01-099750

Disruption: The holder's balance in security number 1188762.

Reason for disruption: Typographical error.

Main correction: As part of amendment no. 1, the quantity of securities in the latest report of the holder was corrected from 9,354 to 468 and the current balance of the holder's securities was corrected from 8,886 to 0.

Immediate report on changes in holdings of interested parties and senior officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting ^a change in holdings of the reporting company's securities only. To report ^a change in holdings of securities of ^a subsidiary, use form T121, if its activity is material to the reporting company.

1. Holder's Details

Name/Company: Baruch Itzhak Type of Identification: Identity Card Identification Number: 029274693

Type of Holder: Director/CEO

Is the hedge fund entitled to appoint a director or representative to the board: _________

• Does the holder serve as a representative for a group of shareholders for reporting purposes: No
• Name of controlling shareholder in the interested party: Not relevant
• Identification number of controlling shareholder in interested party: -
• Citizenship/ Country of incorporation: Private individual with Israeli citizenship
• Country of citizenship/incorporation: _________

Security Information

Security Number: 1188762

Name and Type of Security: PROPERTY AND BUILDING 8/22

Nature of change: Decrease, in convertible securities due to conversion to shares or redemption

Cumulative or single transaction: Single transaction

Date of change: 14/12/2025 Transaction price: 00 (Agorot)

Are these dormant shares or convertible securities to dormant shares: No

Previous balance (quantity of securities): 468

Previous holding percentage: 5%

Change in quantity: -468

Current balance: 0

Current holding percentage: 0%

Holding percentage after the change: In capital: 0.00%; In voting rights: 0.00%

Holding percentage after the change, fully diluted: In capital: 0.04%; In voting rights: 0.04%

Notes: 1

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.

Note: Acquisition or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the exchange's regulations, will be classified as an off-exchange transaction, with disclosure in the free text field that the transaction was carried out in this manner.

Explanation: The holding rate after the change does not relate to convertible securities.

Following entries 2 through 6 repeat in much the same manner, listing changes (increases or decreases) in holdings of securities (ordinary shares or others), including quantity, transaction price (in Agorot), dates, and current and after-change percentages. These entries cover issues such as conversion of securities, sale/purchase on exchange, and so on.

Table of Explanatory Notes

No.	Note
The warrants as detailed in sections 1 and 4 were exercised through a net exercise mechanism. The transaction price indicated in sections 2 and 5 reflects the exercise price of the warrant, which was not actually paid due to the net exercise 1 mechanism.

1. Was the full consideration paid at the time of change? Yes
---------------------------------------------------------------	--

If not, state the date of completing the payment: _________

1. If the change is by signing a lending agreement, state details regarding the completion method: _________

Explanation: State holding rates considering all securities held by the interested party.

• 1. Date and time the corporation first learned of the event or matter: 15/12/2025 at 12:30
• 1. Details of actions that caused the change: _________

Authorized signatories for the corporation:

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.

No.	Name	Role
1	Baruch Itzhak	CEO and CFO
2	Oz Kfir	Chief Legal Counsel and Company Secretary

According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff stance can be found on the authority's website: Click here

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange

Short name: PROPERTY AND BUILDING

Address: ToHA Tower, Yigal Alon 114, Tel Aviv 6744320

Phone: 03-5672777, 03-5672783; Fax: 03-5672776

Email: ADMIN@PBC.CO.IL | Website: www.pbc.co.il

Electronic reporter's name: Itzhak Baruch | Role: CEO

Address: Yigal Alon 114, Tel Aviv 6744320 | Phone: 03-5672770 | Email: baruchi@pbc.co.il

Note: If a growth due to forced purchase of loaned securities or a decrease due to forced sale of loaned securities is selected, then loaned securities not returned to the lender, thus making the lending transaction a forced purchase and the lending into a forced sale.

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