Carasso Motors Ltd.

Major Shareholding Notification • Aug 13, 2025

CARASSO MOTORS LTD

CARASSO MOTORS LTD

Registration Number: 514065283

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Sent via MAGNA: 12/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-059913

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting changes in holdings of securities of the reporting corporation only. To report changes in holdings of securities of a subsidiary of the reporting corporation, if its activity is material to the activity of the reporting corporation, use Form T121.

1

Name of corporation/Last name and first name of the holder: PHOENIX FINANCIAL LTD - Mutual Funds

Name of corporation/Last name and first name of the holder in English as registered with the Companies Registrar or in the passport: The Phoenix Investments House Ltd.

Type of identification number: Number in the Israeli Companies Registrar

Identification number of the holder: 520017450

Type of holder: Companies managing mutual investment funds in trust

Does the hedge fund have the right to appoint a director or representative to the company's board? _________

Is the holder acting as a representative for the purpose of reporting on several shareholders holding together with him securities of the corporation? No

Name of the controlling shareholder in the interested party: See Note 1 below

Identification number of the controlling shareholder in the interested party: 520017450

Citizenship/Country of incorporation or registration: Incorporated in Israel

Country of citizenship/incorporation or registration: _________

Security number on the stock exchange: 1226224

Name and type of security: CARASSO MOTORS LTD Debenture Series V

Nature of the change: Increase Due to purchase on the stock exchange _________

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Multiple transactions

Date of change: 11/08/2025

_________

Transaction rate: 9,981agorot

Are these dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 0 Holding percentage of total securities of the same type in the last report: % 0

Change in quantity of securities: +8,797,060

Current balance (in quantity of securities): 8,797,060 Current holding percentage of total securities of the same type: % 1.78

Holding percentage after the change: In capital: % 0 In voting rights: % 0

Explanation: The holding percentage after the change does not refer to convertible securities.

Holding percentage after the change on a fully diluted basis: In capital: % 0 In voting rights: % 0

Note number: 1

Note: If the value 'increase due to forced purchase of loaned securities' or 'decrease due to forced sale of loaned securities' is selected, then loaned securities not returned to the lender, and thus the lending action became a forced purchase and the lending action a forced sale.

No.	Note
1	According to information provided to the company, PHOENIX FINANCIAL LTD is a company controlled by PHOENIX FINANCIAL LTD. To the best of the company's knowledge, PHOENIX FINANCIAL LTD is a company without a controlling core. The reflects transaction rate of holder no. 1 as stated above the rate of the last reflects transaction made. The change amount stated above the cumulative total of several transactions made during the period that began on 04/08/2025 and ended on 11/08/2025. It should be emphasized that as of 11 August 2025, the cumulative holdings of PHOENIX FINANCIAL LTD and PHOENIX FINANCIAL LTD amount to a total of 50,197,060 debentures (Series 6), constituting about 10.14% of the total securities of that series.

1. 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 the payment: _________

1. If the change is by way of signing a loan agreement, please specify details regarding the manner of ending the loan: _________

Explanation: The holding percentages should be stated taking into account all securities held by the interested party.

1. The date and time the corporation first became aware of the event or matter: 12/08/2025 at 13:26

2. Details of the actions that caused the change: _________

Details of the authorized signatories on behalf of the corporation:

	Name	Position
1	Dror Shila	CFO
2	Adv. 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 shall 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.

Reference numbers of previous documents 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

Short name: CARASSO MOTORS

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