Carasso Motors Ltd.

Share Issue/Capital Change • Aug 6, 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: 06/08/2025 Israel Securities Authority Email: www.isa.gov.il TEL AVIV STOCK EXCHANGE LTD Email: www.tase.co.il Reference: 2025-01-058383

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

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

Nature of the Change:

Exercise of warrants (Series 2, Series 4, and Series 7) into ordinary shares of the company.

Explanation: Please 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: 92,102,069	Current: 92,113,660
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: 2,042,786

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: 45,325	Current: 43,200
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: 248,200	Current: 243,200
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: 06/08/2025

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:

Exercise of 7,500 warrants (Series 2), 2,125 warrants (Series 4), and 5,000 warrants (Series 7) by an employee of the company for a total of 11,591 ordinary shares of the company through a cashless exercise mechanism.

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

Details of the Change (Section 1):

• 1. Name of registered holder affected by the change: I.B.I. Trust Management Ltd.
  2. Type of identification number: Number in the Israeli Companies Register
  3. Identification number: 515020428
  4. Nature of the change: Exercise of options
  5. Date of change: 06/08/2025
  6. Executed via TASE clearing house: No
  7. Type and name of security affected: CARASSO MOTORS LTD Warrant 02/21B, Warrant for Share
  8. Security number on TASE: 1172766
  9. Holder's balance in the security in the last report: 2,050,286
  10. Holder's balance in the security after the change: 2,042,786
  11. Total quantity of securities increased/decreased: 7,500
  12. Is this a grant of rights to purchase shares: No
  13. Total consideration for allocated securities: _________
  14. Security number of the share resulting from the exercise: _________
  15. Number of shares resulting from full exercise/conversion: _________
  16. Total additional consideration from full exercise/conversion: _________
  17. Period in which the security can be exercised: _________
  18. From date: _________ To date: _________
  19. Allocated securities will be registered for trading: _________
  20. Allocation of these securities is a continuation of: _________ published on: _________, reference number: _________
  21. The security has been fully paid and the consideration has been fully received.
• 1. Name of registered holder affected by the change: I.B.I. Trust Management Ltd.
  2. Type of identification number: Number in the Israeli Companies Register
  3. Identification number: 515020428
  4. Nature of the change: Exercise of options
  5. Date of change: 06/08/2025
  6. Executed via TASE clearing house: No
  7. Type and name of security affected: CARASSO MOTORS LTD Warrant 03/22D, Warrant for Share
  8. Security number on TASE: 1185156
  9. Holder's balance in the security in the last report: 45,325
  10. Holder's balance in the security after the change: 43,200
  11. Total quantity of securities increased/decreased: 2,125

• Is this a grant of rights to purchase shares: No

• Total consideration for allocated securities: _________
• Security number of the share resulting from the exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period in which the security can be exercised: _________
• From date: _________ To date: _________
• Allocated securities will be registered for trading: _________
• Allocation of these securities is a continuation of: _________ published on: _________, reference number: _________
• The security has been fully paid and the consideration has been fully received.
• 1. Name of registered holder affected by the change: I.B.I. Trust Management Ltd.
  2. Type of identification number: Number in the Israeli Companies Register
  3. Identification number: 515020428
  4. Nature of the change: Exercise of options
  5. Date of change: 06/08/2025
  6. Executed via TASE clearing house: No
  7. Type and name of security affected: CARASSO MOTORS LTD Warrant 07/23G, Warrant for Share
  8. Security number on TASE: 1198530
  9. Holder's balance in the security in the last report: 248,200
  10. Holder's balance in the security after the change: 243,200
  11. Total quantity of securities increased/decreased: 5,000
  12. Is this a grant of rights to purchase shares: No
  13. Total consideration for allocated securities: _________
  14. Security number of the share resulting from the exercise: _________
  15. Number of shares resulting from full exercise/conversion: _________
  16. Total additional consideration from full exercise/conversion: _________
  17. Period in which the security can be exercised: _________
  18. From date: _________ To date: _________
  19. Allocated securities will be registered for trading: _________
  20. Allocation of these securities is a continuation of: _________ published on: _________, reference number: _________
  21. The security has been fully paid and the consideration has been fully received.
• 1. Name of registered holder affected by the change: Registration Company of the TEL AVIV STOCK EXCHANGE LTD
  2. Type of identification number: Number in the Israeli Companies Register
  3. Identification number: 515736817
  4. Nature of the change: Exercise of options
  5. Date of change: 06/08/2025
  6. Executed via TASE clearing house: Yes
  7. Type and name of security affected: CARASSO MOTORS LTD, Ordinary Share
  8. Security number on TASE: 1123850
  9. Holder's balance in the security in the last report: 92,102,069
  10. Holder's balance in the security after the change: 92,113,660
  11. Total quantity of securities increased/decreased: 11,591
  12. Is this a grant of rights to purchase shares: No
  13. Total consideration for allocated securities: _________
  14. Security number of the share resulting from the exercise: _________
  15. Number of shares resulting from full exercise/conversion: _________
  16. Total additional consideration from full exercise/conversion: _________
  17. Period in which the security can be exercised: _________
  18. From date: _________ To date: _________
  19. Allocated securities will be registered for trading: _________
  20. Allocation of these securities is a continuation of: _________ published on: _________, reference number: _________
  21. The security has been fully paid and the consideration has been fully received.

Explanations:

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

3. Main Shareholder Register as of the Reporting Date:

No.	Name of Registered Shareholder	Type of Identification Number	Identification Number	Security Number on TASE	Type and Par Value of Shares	Number of Shares	Holds Shares as Trustee
1	Registration Company of the TEL AVIV STOCK EXCHANGE LTD	Number in the Israeli Companies Register	515736817	1123850	0.001 NIS par value	92,113,660	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.

Details of the authorized signatories on behalf of 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.

Previous document reference numbers on the subject (the mention does not constitute inclusion by reference):

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

Form structure update date: 06/08/2024

Short name: CARASSO MOTORS LTD

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:

Name of electronic reporter: 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