Carasso Motors Ltd.

Share Issue/Capital Change • Aug 4, 2025

CARASSO MOTORS LTD

CARASSO MOTORS LTD

Registration Number: 514065283

To: Israel Securities Authority To: TEL AVIV STOCK EXCHANGE LTD Form Number: T087 (Public) Sent via MAGNA: 04/08/2025 Israel Securities Authority: www.isa.gov.il TEL AVIV STOCK EXCHANGE LTD: www.tase.co.il Reference: 2025-01-057784

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

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

Nature of the Change:

Exercise of warrants (Series 7 for ordinary shares of the company) and expiration of warrants (Series 4, Series 7, and Series 8).

Explanation: Briefly describe the nature of the change.

Reference numbers of previous reports on the subject: _________, _________, _________.

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

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
CARASSO MOTORS LTD, Ordinary Share	1123850	150,000,000	Last Report: 92,099,461	Current: 92,102,069
CARASSO MOTORS LTD Debenture A, Corporate Bond	1136464	___	Last Report: 135,585,923	Current: 135,585,923
CARASSO MOTORS LTD Debenture C, Corporate Bond	1141829	___	Last Report: 1,081,994,219	Current: 1,081,994,219
CARASSO MOTORS LTD Debenture D, Corporate Bond	1173566	___	Last Report: 705,591,823	Current: 705,591,823
CARASSO MOTORS LTD Debenture E, Corporate Bond	1202779	___	Last Report: 204,922,416	Current: 204,922,416
CARASSO MOTORS LTD Debenture F, Corporate Bond	1226224	___	Last Report: 495,089,000	Current: 495,089,000
CARASSO MOTORS LTD Warrant 02/21B, Warrant for Share	1172766	___	Last Report: 2,050,286	Current: 2,050,286

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
CARASSO MOTORS LTD Warrant 07/21C, Warrant for Share	1179431	___	Last Report: 15,000	Current: 15,000
CARASSO MOTORS LTD Warrant 03/22D, Warrant for Share	1185156	___	Last Report: 45,700	Current: 45,325
CARASSO MOTORS LTD Warrant 06/22E, Warrant for Share	1187921	___	Last Report: 1,500,000	Current: 1,500,000
CARASSO MOTORS LTD Warrant 08/22F, Warrant for Share	1188861	___	Last Report: 300,000	Current: 300,000
CARASSO MOTORS LTD Warrant 07/23G, Warrant for Share	1198530	___	Last Report: 259,700	Current: 248,200
Commercial Papers (Series 1)	1209188	___	Last Report: 250,000,000	Current: 250,000,000
CARASSO MOTORS LTD Warrant 07/24H, Warrant for Share (Employees)	1210491	___	Last Report: 3,663,000	Current: 3,613,000

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
CARASSO MOTORS LTD Warrant 07/24H, Warrant for Share (Others)	1210509	___	Last Report: 1,548,000	Current: 1,548,000

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

2. The Corporation Announces That:

On the date: 04/08/2025

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

Description of the Nature of the Change:

• 1. Exercise of 4,000 warrants (Series 7 by an employee of the company for a total of 2,608 ordinary shares of the company through a cashless exercise mechanism).
• 1. Expiration of 375 warrants (Series 4), 7,500 warrants (Series 7), and 50,000 warrants (Series 8) due to termination of employment.

Explanation: Describe all details of the transaction or action that caused the change in the corporation's securities.

Section 1: Details of the Change by Registered Holder

• 1. Name of registered holder affected by the change: I.B.I. Trust Management Ltd.
  2. Type of ID: Company registration number in Israel
  3. ID Number: 515020428
  4. Nature of change: Exercise of options
  5. Date of change: 04/08/2025
  6. Executed via TASE clearing house: No
  7. Type and name of security: CARASSO MOTORS LTD Warrant 07/23G, Warrant for Share
  8. Security number on TASE: 1198530
  9. Holder's balance in last report: 259,700
  10. Holder's balance after change: 255,700
  11. Total quantity of securities changed: 4,000
  12. Is this a grant of rights to purchase shares: No
  13. Security fully paid and consideration received in full: Yes
• 1. Name of registered holder affected by the change: TEL AVIV STOCK EXCHANGE LTD Registration Company
  2. Type of ID: Company registration number in Israel
  3. ID Number: 515736817
  4. Nature of change: Exercise of options
  5. Date of change: 04/08/2025
  6. Executed via TASE clearing house: Yes
  7. Type and name of security: CARASSO MOTORS LTD, Ordinary Share
  8. Security number on TASE: 1123850
  9. Holder's balance in last report: 92,099,461
  10. Holder's balance after change: 92,102,069
  11. Total quantity of securities changed: 2,608
  12. Is this a grant of rights to purchase shares: No
  13. Security fully paid and consideration received in full: Yes
• 1. Name of registered holder affected by the change: I.B.I. Trust Management Ltd.
  2. Type of ID: Company registration number in Israel
  3. ID Number: 515020428
  4. Nature of change: Expiration
  5. Date of change: 04/08/2025
  6. Executed via TASE clearing house: No

• Type and name of security: CARASSO MOTORS LTD Warrant 03/22D, Warrant for Share

• Security number on TASE: 1185156
• Holder's balance in last report: 45,700
• Holder's balance after change: 45,325
• Total quantity of securities changed: 375
• Is this a grant of rights to purchase shares: No
• Security fully paid and consideration received in full: Yes
• 1. Name of registered holder affected by the change: I.B.I. Trust Management Ltd.
  2. Type of ID: Company registration number in Israel
  3. ID Number: 515020428
  4. Nature of change: Expiration
  5. Date of change: 04/08/2025
  6. Executed via TASE clearing house: No
  7. Type and name of security: CARASSO MOTORS LTD Warrant 07/23G, Warrant for Share
  8. Security number on TASE: 1198530
  9. Holder's balance in last report: 255,700
  10. Holder's balance after change: 248,200
  11. Total quantity of securities changed: 7,500
  12. Is this a grant of rights to purchase shares: No
  13. Security fully paid and consideration received in full: Yes
• 1. Name of registered holder affected by the change: I.B.I. Trust Management Ltd.
  2. Type of ID: Company registration number in Israel
  3. ID Number: 515020428
  4. Nature of change: Expiration
  5. Date of change: 04/08/2025
  6. Executed via TASE clearing house: No
  7. Type and name of security: CARASSO MOTORS LTD Warrant 07/24H, Warrant for Share (Employees)
  8. Security number on TASE: 1210491
  9. Holder's balance in last report: 3,663,000
  10. Holder's balance after change: 3,613,000
  11. Total quantity of securities changed: 50,000
  12. Is this a grant of rights to purchase shares: No

Security fully paid and consideration received in full: Yes

Explanations:

• 1. If the change affects more than one security, the effect of the change should be detailed in a separate row for each security.
• 1. Date of change all changes of the same type, in the same security, performed on the same day, should be summarized in one row. For this purpose – changes performed via the TASE clearing house should be separated from those performed directly in the company's books.
• 1. For a decrease, add the sign "-".
• 1. All quantity fields should indicate the number of securities, not NIS par value.

3. Main Shareholder Register as of the Reporting Date:

No.	Name of Registered Shareholder	Type of ID	ID Number	Security Number on TASE	Type of Shares and Par Value	Quantity of Shares	Holds Shares as Trustee
1	TEL AVIV STOCK EXCHANGE LTD Registration Company	Company registration number in Israel	515736817	1123850	0.001 NIS par value	92,102,069	No

• 1. Attached is a file of the shareholder register in accordance with Section 130 of the Companies Law, 1999.
• 1. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bondholders.

Authorized Signatories for the Corporation:

No.	Name of Signatory	Position
1	Dror Shila	CFO
2	Nir Farber	Other: Legal Advisor and Company Secretary

Explanation: 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 position on the matter can be found on the Authority's website: Click here.

Securities of the corporation are listed for trading on the TEL AVIV STOCK EXCHANGE LTD

Short Name: CARASSO MOTORS

Address: Logistics Center, Park Re'em, P.O. Box 90, Bnei Ayish, 60860 Phone: 08-8631111, 08- 8631550 Fax: 08-8631556 Email: nirfa@carasso.co.il Company Website: www.renault.co.il / www.nissan.co.il

Previous names of the reporting entity:

Electronic reporter name: Nir Farber Position: Chief Legal Advisor and Company Secretary Employer company name:

Address: Logistics Center, Park Re'em, P.O. Box 90, Bnei Ayish, 60860 Phone: 08-8631111 Fax: 08-8631872 Email: nirfa@carasso.co.il

Date of form structure update: 06/08/2024

End of document