SHIKUN & BINUI LTD.

Registration Number: 520036104

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T079 (Public) Sent via MAGNA: 12/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-059818

Immediate Report on a Person Who Ceased to be an Interested Party in the Corporation

According to Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: Wherever reference is made to an interested party, it also refers to a person with significant means of control in a banking corporation without a control core.

1. Holder Details:

First Name: _________
First Name in English as appears in passport: _________
Last Name/Corporation Name: Harel Insurance Investments & Financial Services Ltd
Last Name/Corporation Name in English: Harel Insurance Investments & Financial Services Ltd
Type of Identification Number: Company Registrar Number in Israel
Identification Number: 520033986
Citizenship/Country of Incorporation or Registration: Incorporated in Israel
Country of Citizenship/Incorporation or Registration: _________
Address: 3 Aba Hillel, Ramat Gan
Is the holder acting as a representative for the purpose of reporting on several shareholders holding together securities of the corporation: Yes

2. Details of the Action as a Result of Which the Holder Ceased to be an Interested Party in the Corporation:

Nature of the action: Decrease
Reason: Due to sale on the stock exchange
Other: _________
Name and type of security subject to the action: Ordinary share
Security number on the stock exchange: 1081942
Date of action: 07/08/2025
Quantity of securities subject to the action: 1,409,501
Price at which the action was performed: 1,516 agorot
Other: _________
Are these dormant shares or securities convertible into dormant shares: No
Was the entire consideration paid at the time of the change: Yes
If not all the consideration was paid at the time of the change, please specify the date of completion of payment: _________

3. A. Holdings after the action:

Name, Type, and Series of Security	Security Number on TASE	Quantity of Securities	Dormant*	Holding Percentage	Holding Percentage (Full Dilution)
Ordinary share	1081942	26,756,393.20	No	4.88% equity, 4.88% voting	4.72% equity, 4.72% voting
Bond Series 8	1135888	144,045,148.83	No	0% equity, 0% voting	0% equity, 0% voting
Bond Series 9	1167386	17,693,649.60	No	0% equity, 0% voting	0% equity, 0% voting
Bond Series 10	1175132	99,605,047	No	0% equity, 0% voting	0% equity, 0% voting

B. The holder is a member of an institutional reporting group. Details of holdings are as follows:

Holder Type	Name, Type, and Series of Security	Security Number on TASE	Quantity of Securities	Dormant
Nostro Account	Ordinary share	1081942	3,560	No
Provident Funds and Companies Managing Provident Funds	Ordinary share	1081942	17,323,687.90	No
Companies Managing Mutual Funds	Ordinary share	1081942	9,436,265.30	No
Nostro Account	Bond Series 8	1135888	29,151,922.91	No
Provident Funds and Companies Managing Provident Funds	Bond Series 8	1135888	65,414,207.02	No
Companies Managing Mutual Funds	Bond Series 8	1135888	49,479,018.90	No
Nostro Account	Bond Series 9	1167386	7,287,678.69	No
Companies Managing Mutual Funds	Bond Series 9	1167386	10,405,970.91	No
Nostro Account	Bond Series 10	1175132	1,710,782	No
Provident Funds and Companies Managing Provident Funds	Bond Series 10	1175132	12,812,379	No
Companies Managing Mutual Funds	Bond Series 10	1175132	85,081,886	No

Explanations:

1. If the interested party holds more than one type of security, the holding percentages should be indicated considering all securities held by him only in one row.
1. It is also necessary to report holdings of other securities, including those not listed for trading.
1. If the interested party is a subsidiary, the holdings should be split between shares acquired before the Companies Law, 1999 came into effect, and shares acquired after it came into effect.
1. When the holder is not a member of an institutional reporting group, only section 3A should be completed. When the holder is a member of an institutional reporting group, both sections 3A and 3B should be completed.
Please indicate whether these are dormant shares or securities convertible into dormant shares.

4. Additional Details:

In section 3 above, the nostro holdings in the company's shares are negative (short transactions). According to a notice received by the company from the interested party, the controlling shareholders of the interested party are as follows: Yair Hamburger ID 007048671; Gideon Hamburger ID 007048663; Nurit Manor ID 051171312. It was also reported by the interested party that the controlling shareholders' holding in the interested party is mainly through G.Y.N. Economic Consulting and Investment Management 2017 Limited Partnership (Partnership Number 550272587). This partnership is fully controlled and owned by the controlling shareholders, who hold as limited partners through private companies wholly owned by them, and also hold the general partner in the said partnership. It was further reported by the interested party that the holdings listed under provident funds include direct holdings of the provident funds in the company's shares (1.9 par value) as well as holdings of the partnership "Harel Amittim Israeli Shares" (the "Partnership") totaling 17,323,686 par value. The partnerships are partnerships registered with the Registrar of Partnerships, and all rights in them are held by companies of the Harel institutional reporting group. The partnerships themselves are not companies managing provident funds. According to the partnership agreement between the rights holders in the partnerships, the holding percentage of the rights holders in the partnerships changes frequently, according to the mechanism set in the partnership agreement. In addition, as reported to the company by the interested party, as of August 7, 2025, the interested party held about 0.59% of the rights in SHIKUN & BINUI ENERGY LTD (also traded on the Tel Aviv Stock Exchange) and about 4.20% of the bonds (Series 1) issued by it. In addition, as reported to the company by the interested party, as of August 7, 2025, the interested party held about 9.74% of the rights in SHIKUN & BINUI REAL ESTATE LTD.

5. The date and time the corporation first became aware of the event or matter:

12/08/2025 at 11:45

Authorized Signatories on behalf of the Corporation:

#	Name	Position
1	Amit Bierman	CEO
2	Hila Tirosh	Other: Deputy CEO, Legal Counsel

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

Short Name: SHIKUN & BINUI

Address: HaYarden 1A, Airport City, 70100 Phone: 03-6301111, Fax: 03-6301595 Email: [email protected] Company Website: http://www.shikunbinui.co.il

Previous names of the reporting entity: SHIKUN & BINUI HOLDINGS LTD.

Electronic Reporter Name: Tirosh-Ankri Hila Position: Legal Advisor and Company Secretary Employer Company Name: SHIKUN & BINUI LTD. Address: HaYarden 1, Kiryat Sde HaTeufa, 70100 Phone: 03-6301517, Fax: 03-6301520 Email: [email protected]

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Shikun & Binui

7047_rns_2025-08-12_7268aaf5-da66-4163-8501-acc15d78df0c.pdf