Big Shopping Centers Ltd.

Major Shareholding Notification • Jan 4, 2026

BIG SHOPPING CENTERS LTD

Company registration number: 513623314

To:

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

Form Number: T087 (Public)

MAGNA Transmission Date: 04/01/2026 Reference Number: 2026-01-001025

Capital Table, Grant of Rights to Purchase Shares, and the Company's Securities Registers and Their Changes

Regulation 31e to the Securities Regulations (Immediate Periodic Reports), 1970

Regulation 31(a) to the Securities Regulations (Immediate Periodic Reports), 1970

Regulation 31(b1) to the Securities Regulations (Immediate Periodic Reports), 1970

Regulation 32 to the Securities Regulations (Immediate and Periodic Reports), 1970

Nature of Change:

_________, _________, _________.

Redemption of Warrants (Series 7) and realization of employee options

Explanation: Please briefly describe the nature of the change

Reference Numbers of Previous Reports on the Subject:

1. The Company's Securities Position After the Change:

Name & Type of Security	Security Number Exchange	Number in Registered Capital	Issued and Paid- up Capital	Most Recent Filing	Current Quantity	Quantity Listed by Nominee Company
BIG Shares	1097260	420,000,000	25,130,333	25,137,004	25,136,994
Government Bonds (Series 8)	1138924	0	451,154,755	451,154,755	451,154,755
Government Bonds (Series 9)	1141050	0	168,375,835	168,375,835	168,375,835
Government Bonds (Series 11)	1151117	0	500,461,875	500,461,875	500,461,875
Government Bonds (Series 12)	1156231	0	602,960,150	602,960,150	602,960,150
Government Bonds (Series 13)	1159516	0	579,958,000	579,958,000	579,958,000
Government Bonds (Series 15)	1162221	0	688,571,520	688,571,520	688,571,520
Government Bonds (Series 16)	1168442	0	156,800,000	156,800,000	156,800,000
Government Bonds (Series 17)	1168459	0	176,000,000	176,000,000	176,000,000
Government Bonds (Series 18)	1174226	0	1,125,000,001	1,125,000,001	1,125,000,001
Government Bonds (Series 19)	1181007	0	318,400,000	318,400,000	318,400,000
Government Bonds (Series 20)	1186188	0	976,934,127	976,934,127	976,934,127
BIG OP 09-22	1190149	0	234,204	227,704	0
BIG Other OP	1194794	0	21,916	21,916	0
BIG Employee OP	1201722	0	664,301	658,967	0
Commercial Papers Series 3	1201490	0	150,000,000	150,000,000	150,000,000
Government Bonds (Series 21)	1202217	0	536,000,000	536,000,000	536,000,000
Warrants (Series 7)	1214345	0	718,002	717,686	717,686
Commercial Papers Series 5	1223114	0	250,000,000	250,000,000	250,000,000
Government Bonds (Series 22)	1224948	0	235,000,000	235,000,000	235,000,000
Government Bonds (Series 23)	1224955	0	343,000,000	343,000,000	343,000,000
Government Bonds (Series 24)	1227032	0	1,081,374,000	1,081,374,000	1,081,374,000

Explanation: All company securities must be listed, including securities not listed for trading.

2. The Company Reports That:

At the date: 01/01/2026

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

Redemption of Warrants (Series 7) and realization of employee options

Explanation: Describe the details of the transaction or action which led to the change in the company's securities.

Details Regarding the Registered Holders for Which Change Occurred:

1

• Registered holder's name: The Registration Company of the Tel Aviv Stock Exchange Ltd.
• Identification number type: Company Registry Number in Israel
• Identification number: 515736817 Nature of change: Exercise of options
• Change date: 01/01/2026
• Executed via the exchange clearinghouse: Yes
• Type and name of the changed security: Warrants (Series 7)
• Security number: 1214345
• Holder's balance in the last report: 718,002 Holder's balance after the change: 717,686
• Total changed amount: 316
• Is this a grant of rights to purchase shares: No
• Security has been fully redeemed and consideration fully received

Registered holder's name: The Registration Company of the Tel Aviv Stock Exchange Ltd.

Identification number type: Company Registry Number in Israel

Identification number: 515736817 Nature of change: Exercise of options

Change date: 31/12/2025

Executed via the exchange clearinghouse: Yes

Type and name of the changed security: BIG Shares

Security number: 1097260

Holder's balance in the last report: 25,130,323 Holder's balance after the change: 25,130,639

Total changed amount: 316

Is this a grant of rights to purchase shares: No

Security has been fully redeemed and consideration fully received

3

Registered holder's name: Altshuler Trustees Ltd.

Identification number type: Company Registry Number in Israel

Identification number: 513901330 Nature of change: Exercise of options

Change date: 01/01/2026

Executed via the exchange clearinghouse: Yes

Type and name of the changed security: BIG Employee OP

Security number: 1201722

Holder's balance in the last report: 664,301 Holder's balance after the change: 658,967

Total changed amount: 5,334

Is this a grant of rights to purchase shares: No

Security has been fully redeemed and consideration fully received

Registered holder's name: Altshuler Trustees Ltd.

Identification number type: Company Registry Number in Israel

Identification number: 513901330 Nature of change: Exercise of options

Change date: 01/01/2026

Executed via the exchange clearinghouse: Yes

Type and name of the changed security: BIG OP 09-22

Security number: 1190149

Holder's balance in the last report: 234,204 Holder's balance after the change: 227,704

Total changed amount: 6,500

Is this a grant of rights to purchase shares: No

Security has been fully redeemed and consideration fully received

5

Registered holder's name: The Registration Company of the Tel Aviv Stock Exchange Ltd.

Identification number type: Company Registry Number in Israel

Identification number: 515736817 Nature of change: Exercise of options

Change date: 01/01/2026

Executed via the exchange clearinghouse: Yes

Type and name of the changed security: BIG Shares

Security number: 1097962

Holder's balance in the last report: 25,130,639 Holder's balance after the change: 25,136,994

Total changed amount: 6,355

Is this a grant of rights to purchase shares: No

Security has been fully redeemed and consideration fully received

Explanations:

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.

• 1. If the change affects more than one security, specify the effect for each security in a separate row.
• 1. Change date all changes of the same type, in the same security, conducted on the same day, should be aggregated in one line. For this matter – distinguish between changes made via the exchange clearinghouse and those made directly in the company's books.
• 1. For a decrease, add the sign "-".
• 1. In all quantity fields, the amount of securities should be entered, not NIS par value.

3. Summary of the Company's Shareholder Register as of the Report Date:

No.	Registered	ID	ID	Exchange	Type of Shares	Share	Holding as
	Shareholder Name	Type	Number	Security Number	& Par Value	Quantity	Trustee
1

4. Attached PDF files:

• Register of Shareholders as of January 1, 2026
• Updated Register of Company Securities including options and bonds

5. Details of authorized signatories for the company:

No.	Name	Role
1	Efrat Hayut-Marek	Legal Counsel and Company Secretary

Explanation: According to Regulation 5 to the Securities Regulations (Immediate and Periodic Reports), the report must be signed by those authorized to sign for the company. The staff's position on the subject can be found at the Securities Authority website: Click here

Previous entity name: BIG Shopping Centers (2004) Ltd

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 company exchange name: BIG

Address: Allied Cities Tower, 26th Floor, 0, Ramat Hasharon, 4713402 Phones: 073-2600420 , 073-2600442 Fax: 073-2600426

Email: assaf@bigcenters.co.il Company website: www.bigcenters.co.il

Name of electronic signatory: Efrat Hayut-Marek Role: Legal Counsel and Company Secretary Employer Company: (blank) Contact address: Allied Cities Tower, 26th Floor, 0, Ramat Hasharon, 4713402 Phone: 073-2600407 Fax: 073-2600507 Email:

efratm@bigcenters.co.il

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

Form structure update date: 06/08/2024

Attached Files:

Register of Shareholders as of 01 January 2026 Alt: Shareholders register as of 01 January 2026

Updated Registry of Company Securities as of 01 January 2026

Alt: Updated registry of securities as of 01 January 2026