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AMRAM AVRAHAM CONSTRUCTION COMPANY LTD

("the Company")

To:

Israel Securities Authority www.isa.gov.il

Tel Aviv Stock Exchange Ltd. www.tase.co.il

August 4, 2025

Subject: Immediate Report

Following media publications regarding the alleged involvement of a "real estate tycoon in the city of Hadera" in a criminal event and subsequent inquiries to the Company, the Company wishes to clarify and emphasize that, as was communicated to it by Mr. Alon Amram ("Alon" or "the controlling shareholder"), who is among the controlling shareholders of the Company and serves as the Chairman of the Board of Directors, neither the controlling shareholder and/or the Company are involved in any such event, and the Company has no connection to the event referenced in the publications.

The Company finds it appropriate to remind that the controlling shareholders of the Company include Mr. Alon and Mr. Yoram Amram. However, Alon received a power of attorney from Yoram Amram, who is not involved in the Company in any way, including not serving as an officer of the Company or in any position whatsoever, to vote at the general meetings of the Company's shareholders in accordance with the provisions of the power of attorney and as detailed in section 8 (Regulation 21A) of the Additional Details Report for 2024. ¹⁰¹

Respectfully,