Ashtrom Group Ltd.

Major Shareholding Notification • Dec 31, 2025

ASHTROM GROUP LTD

Company Number: 510381601

To:

• Israel Securities Authority (www.isa.gov.il)
• TEL AVIV STOCK EXCHANGE LTD (www.tase.co.il)

Form No.: T087 (Public) MAGA Broadcast Date: 31/12/2025 Reference: 2025-01-105585

Share Capital Table, Grant of Rights to Purchase Shares, and Securities Registers of the Corporation and Their Changes

Regulation 31e of Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) of Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) of Securities Regulations (Immediate Periodic Reports), 1970 Regulation 32 of Securities Regulations (Immediate and Periodic Reports), 1970

Nature of the Change:

Partial redemption of government bonds Series 4 and Series 5 in accordance with the repayment schedule.

Explanation: Please briefly describe the nature of the change.

Reference Numbers of Previous Reports on the Subject:
,,

1. The Corporation's Securities Post-Change:

Name and Type of Security	Security No.	Quantity in Registered Capital	Issued and Paid-in Capital	Quantity Recorded in Name of Registrar/Nominee Company
Ashtrom Group Ordinary Share	1132315	5,027,000,000	111,528,785 (Last, Current)	111,528,785
Ashtrom Group government bonds (Series 3)	1140102	0	706,449,725 (Last, Current)	706,449,725
Ashtrom Group government bonds (Series 4)	1182989	0	1,423,537,075 / 1,308,115,150	1,308,115,150
Ashtrom Group government bonds (Series 5)	1199579	0	868,492,000 / 825,067,400	825,067,400
Commercial papers (Series 2)	1197714	0	200,000,000 (Last, Current)	200,000,000
Warrant 05/22 Non tradable	1187723	0	345,609 (Last, Current)	0
Employee Warrants Non tradable	1198316	0	1,282,231 (Last, Current)	0
Other Warrants Non tradable	1226232	0	73,446 (Last, Current)	0

Explanation: All securities of the company, including unlisted securities, must be detailed.

2. The Corporation Reports That:

On the date: 31/12/2025

A change occurred in the quantity and register of the holders of securities (including rights to purchase shares) of the corporation as a result of:

Description of the Nature of the Change: Partial redemption of government bonds Series 4 and Series 5 in accordance with the repayment schedule.

Explanation: Please describe the entirety of the transaction or action causing the change in the corporation's securities.

Details of the Registered Holder for Whom the Change Occurred:

(1)

• Name of Registered Holder: The Company for Registration of the TEL AVIV STOCK EXCHANGE LTD
• Type of ID: Number in the Israeli Companies Register
• ID Number: 515736817
• Nature of Change: Redemption
• Change Date: 31/12/2025
• Executed via TASE clearing house: Yes
• Type and Name of Security: Ashtrom Group government bonds (Series 4)
• Security Number: 1182989
• Holder's Balance in the Last Report: 1,423,537,075
• Holder's Balance After the Change: 1,308,115,150
• Total Amount Changed (Reduced): 115,421,925
• Is this a grant of rights to purchase shares: No
• Additional explanation: Partial redemption of government bonds (Series 4) per the repayment schedule. (Other)

(2)

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.

Name of Registered Holder: The Company for Registration of the TEL AVIV STOCK EXCHANGE LTD

Type of ID: Number in the Israeli Companies Register

ID Number: 515736817

Nature of Change: Redemption

Change Date: 31/12/2025

Executed via TASE clearing house: Yes

Type and Name of Security: Ashtrom Group government bonds (Series 5)

Security Number: 1199579

Holder's Balance in the Last Report: 868,492,000 Holder's Balance After the Change: 825,067,400 Total Amount Changed (Reduced): 43,424,600

Is this a grant of rights to purchase shares: No

Additional explanation: Partial redemption of government bonds (Series 5) per the repayment schedule. (Other)

Notes:

• 1. If the change affects more than one security, specify the effect for each security in a separate row.
• 1. Change Date All similar changes in the same security that are performed on the same day shall be summed together in one row. For this, changes through the TASE clearing house should be separated from direct changes in the company's books.
• 1. For reductions, add the sign "-".
• 1. For all quantity fields, fill in the number of securities, not NIS par value.

3. Highlights of the Shareholder Register as at the Report Date

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 of Registered Shareholder	Type of ID	ID Number	Security Number	Type of Shares and Par Value	Quantity of Shares	Holds as Trustee
1	The Company for Registration of the TEL AVIV STOCK EXCHANGE LTD	Number in the Israeli Companies Register	515736817	1132315	Ordinary shares, par value 0.01 NIS each	111,528,785	No

4. Attached:	Shareholder	Register	File per	Section	130	of the	Companies	Law,
1999

1. Attached: Updated File of the Corporation's Securities Registers, Including

[pdf.isa_מרשם_ניירות_ערך]

[_________]

Details of Legally Authorized Signatories for the Corporation:

Option/Warrant and Bondholder Ledgers

No.	Name	Position
1	Oren Nusbaum	Other; Deputy CEO for Finance, Business Development, and Renewable Energy

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.

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), any report submitted according to these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on the matter can be found on the Authority's website: Click here.

Additional Details

Previous names of the reporting entity: [None listed]

Electronic Reporter: Ehud (Udi) Afron Position: External Legal Counsel Employer: M. Firon & Co., Advocates

Address: 2 HaShlosha, Tel Aviv, 6706054 Tel: 03-7540063 Fax: 03-7540011 E-mail: udie@firon.co.il

Short Name: Ashtrom Group

Address: 3 HaYarkon, Bnei Brak 5120124 Phone: 03-6231399, Fax: 03-6231401 E-mail: dalia@ashtrom.co.il | Company Website

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

Form Structure Last Updated: 06/08/2024

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