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GAV-YAM Lands Corp. Ltd.

Share Issue/Capital Change Aug 7, 2025

6805_rns_2025-08-07_5dc5c230-b0ad-4623-a6f9-c05ec9741db5.pdf

Share Issue/Capital Change

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GAV-YAM LANDS CORP. LTD

Company Number: 520001736

To: Israel Securities Authority To: TEL AVIV STOCK EXCHANGE LTD Form Number: T087 (Public) Sent via MAGNA: 07/08/2025 ISA Website: www.isa.gov.il TASE Website: www.tase.co.il Reference: 2025-01-058674

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:

Issuance of shares as a result of the exercise of warrants

Explanation: Briefly describe the nature of the change.

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

  1. The Corporation's Securities 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
Ordinary
Share
0.01
NIS
par
value
759019 285,000,000 Last
Report:
220,417,902
Current:
220,422,947
220,379,447
Bond
Series
6
7590128 0 Last
Report:
477,783,643
Current:
477,783,643
477,783,643
Bond
Series
8
7590151 0 Last
Report:
2,789,181,910
Current:
2,789,181,910
2,789,181,910
Bond
Series
9
7590219 0 Last
Report:
1,336,120,224
Current:
1,336,120,224
1,336,120,224
Bond
Series
10
7590284 0 Last
Report:
1,400,521,000
Current:
1,400,521,000
1,400,521,000
Gav
Yam
Warrant
03/23
1194331 0 Last
Report:
1,297,047
Current:
1,250,535
0
Gav
Yam
Unit
23
RSU
1194349 0 Last
Report:
137,006
Current:
137,006
0
Bond
Series
11
1208339 0 Last
Report:
1,076,003,000
Current:
1,076,003,000
1,076,003,000
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
Gav
Yam
Commercial
2
1208644 0 Last
Report:
300,000,000
Current:
300,000,000
300,000,000
Gav
Yam
Commercial
3
1222090 0 Last
Report:
700,000,000
Current:
700,000,000
700,000,000
Bond
Series
12
1222587 0 Last
Report:
150,000,000
Current:
150,000,000
150,000,000

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

2. The Corporation Announces That:

On the date: 07/08/2025

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: Issuance of shares as a result of the vesting of RSU units into shares and expiration of warrants and RSU units

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

Section 1

1. Name of registered holder affected by the change: Altshuler Shaham Trusts Ltd.

  • Type of ID number: Company number in the Israeli Companies Registrar
  • ID number: 513901330
  • Nature of the change: Exercise of warrants
  • Date of change: 07/08/2025
  • Executed via TASE clearing house: Yes
  • Type and name of security affected: Gav Yam Warrant 03/23
  • Security number on TASE: 1194349
  • Holder's balance in the last report: 1,297,047
  • Holder's balance after the change: 1,250,535
  • Total quantity of securities increased/decreased: 46,512
  • Is this a grant of rights to purchase shares: No
  • Total consideration for allocated securities: _________
  • TASE number of the share resulting from the exercise: _________
  • Number of shares resulting from full exercise/conversion: _________
  • Total additional consideration from full exercise/conversion: _________
  • Period during which the security can be exercised: _________
  • From: _________ To: _________
  • Allocated securities will be listed for trading: _________
  • Allocation is a continuation of: _________ Published on: _________ Reference number: _________
  • The security has been fully paid and the consideration has been fully received.
  • The security has been fully paid, but the consideration has not been fully received.
  • Issued for ATM program
  • Other: _________
    1. Name of registered holder affected by the change: TEL AVIV STOCK EXCHANGE LTD Registration Company
    2. Type of ID number: Company number in the Israeli Companies Registrar
    3. ID number: 515736817
    4. Nature of the change: Other (Issuance of shares as a result of the exercise of warrants)
    5. Date of change: 07/08/2025
    6. Executed via TASE clearing house: Yes
    7. Type and name of security affected: Gav Yam Ordinary Share 0.01 NIS par value
    8. Security number on TASE: 759019
  • Holder's balance in the last report: 220,374,402

  • Holder's balance after the change: 220,379,447
  • Total quantity of securities increased/decreased: 5,045
  • Is this a grant of rights to purchase shares: No
  • Total consideration for allocated securities: _________
  • TASE number of the share resulting from the exercise: _________
  • Number of shares resulting from full exercise/conversion: _________
  • Total additional consideration from full exercise/conversion: _________
  • Period during which the security can be exercised: _________
  • From: _________ To: _________
  • Allocated securities will be listed for trading: _________
  • Allocation is a continuation of: _________ Published on: _________ Reference number: _________
  • The security has been fully paid and the consideration has been fully received.
  • The security has been fully paid, but the consideration has not been fully received.
  • Issued for ATM program
  • Other: _________

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. For a decrease, add the sign "-".
    1. In all quantity fields, the quantity of securities must be entered, not NIS par value.

Section 2

A change occurred only in the register of holders of the corporation's securities (without a change in the quantity of the corporation's securities) as a result of:

Description of the nature of the change: _________

Explanation: Describe all details of the transaction or action that caused the change in the register.

# Name
of
Registered
Holder
Type
of
ID
Number
ID
Number
Security
Number
on
TASE
Type
and
Par
Value
of
Shares
Quantity
of
Shares
Holds
Shares
as
Trustee
1 ___ ___ ___ ___ ___ ___ ___

3. Main Shareholder Register as of the Reporting Date:

# Name
of
Registered
Shareholder
Type
of
ID
Number
ID
Number
Security
Number
on
TASE
Type
and
Par
Value
of
Shares
Quantity
of
Shares
Holds
Shares
as
Trustee
1 ___ ___ ___ ___ ___ ___ ___

4. Attached is a file of the shareholder register in accordance with Section 130 of the Companies Law, 1999

070825_מניות_isa.pdf

Alt: Shareholder register file as of the reporting date.

5. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bondholders

070825_נייע_isa.pdf

Alt: Updated file of the corporation's securities registers.

Details of the authorized signatories on behalf of the corporation:

# Name
of
Signatory
Position
1 Mark
Zak
CFO
2 Shiri
Weitzman
Corporate
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. The staff's position on the matter can be found on the Authority's website: Click here

Previous 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

Short Name: Gav Yam

Address: P.O. Box 15041, Haifa 31905 Phone: 04-6644200, 04-6644222 Fax: 04-8533567

Email: [email protected] Company Website: www.gav-yam.co.il

Previous names of the reporting entity: GAV-YAM LANDS CORP. LTD

Name of electronic reporter: Weitzman Shiri Position: Corporate Secretary Employer company name:

Address: Andrei Sakharov 9, Haifa 31905 Phone: 052-6898200 Fax: 04-8522859 Email: [email protected]

Form structure update date: 06/08/2024

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