Israel Canada (T.R) Ltd.

Major Shareholding Notification • Aug 13, 2025

Israel-Canada (T.R) Ltd.

Registration Number: 520039298

To:

• Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form Number: T078 (Public)

Transmitted via MAGNA: 13/08/2025

Reference: 2025-01-060063

Immediate Report on a Person Becoming an Interested Party in the Corporation

Regulation 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 1970

1. Holder Details:

• First Name: -
• First Name in English as Appears in Passport: -
• Last Name/Corporation Name: PHOENIX FINANCIAL LTD
• Last Name/Corporation Name in English: Phoenix Finanacial Ltd
• Type of Identification Number: Company Registrar Number in Israel
• The holder is a corporation
• Identification Number: 520017450
• Citizenship/ Country of Incorporation or Registration: Incorporated in Israel
• Country of Citizenship/ Incorporation or Registration: _________
• Address: 53 Derech Hashalom, Givatayim
• Is the holder acting as a representative for the purpose of reporting on several shareholders holding together securities of the corporation: Yes
• Name of controlling shareholder in the interested party: The interested party is a company without a controlling shareholder
• Identification number of the controlling shareholder in the interested party: -

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

• A. Nature of the action: Increase due to purchase on the stock exchange
• Explanation: _________
• B. Name and type of security subject to the action: Israel Canada ordinary share
• C. Security number on the stock exchange: 434019
• D. Date of action: 07/08/2025
• E. Quantity of securities subject to the action: 37,020
• F. Price at which the action was performed: 1,570 agorot _________
• G. Are these dormant shares or securities convertible into dormant shares: No
• H. Was the full consideration paid at the time of the change: Yes
• If not all consideration was paid at the time of the change, please specify the date of completion of payment: _________

3. A. Holdings of the Interested Party After the Action:

Name, Type, and Series of Security	Security Number on TASE	Quantity of Securities	Dormant*	Holding Percentage	Holding Percentage (Full Dilution)
Israel Canada ordinary share	434019	8,136,452	No	2.46% equity, 2.46% voting	2.46% equity, 2.46% voting
Israel Canada Bond (Series G)	4340212	49,310,156.20	No	_, _	_, _
Israel Canada Bond (Series H)	1207836	4,473,216	No	_, _	_, _

B.

• The holder is not a member of an institutional reporting group.
• The holder is not a member of an institutional reporting group, but serves as a senior officer who is not a CEO or director and is not an interested party by virtue of his holdings.
• The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Permitted Assets and Maximum Rates), 1994.
• The hedge fund has the right to appoint a director or representative to the company's board: _________
• The holder is a member of an institutional reporting group.

Below is a breakdown of the holdings:

Holder Type	Name, Type, and Series of Security	Security Number	Quantity of Securities	Dormant
Provident funds and companies managing provident funds	Israel Canada ordinary share	434019	7,656,166	No
Provident funds and companies managing provident funds	Israel Canada Bond (Series G)	4340212	47,910,156.20	No
Provident funds and companies managing provident funds	Israel Canada Bond (Series H)	1207836	723,216	No
Participating life insurance accounts	Israel Canada ordinary share	434019	255,383	No
Participating life insurance accounts	Israel Canada Bond (Series G)	4340212	1,400,000	No
Participating life insurance accounts	Israel Canada Bond (Series H)	1207836	3,750,000	No
Nostro account	Israel Canada ordinary share	434019	224,903	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 entry into force of the Companies Law, 1999, and shares acquired after its entry into force.
• 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.
• 1. If the interested party is a corporation wholly owned (100%) by a single controlling shareholder, the field "holder name" should state the name of the sole controlling shareholder, and the details of the corporation(s) through which the shares are held, along with any other relevant details, should be provided in the notes at the bottom of the form. Conversely, if the interested party is a corporation held by more than one controlling shareholder, or by several interested parties, the field "holder name" should state the name of the holding corporation, and the details of the controlling shareholders or interested parties holding the holding corporation should be provided in the notes at the bottom of the form.
• 1. Reporting regarding a material means of control holder in a banking corporation without a control core should be reported in report T121.
• Please indicate whether these are dormant shares or securities convertible into dormant shares.

4.

• The interested party does not hold shares or other securities in a held company, if its activity is material to the activity of the reporting corporation.
• The interested party holds shares or other securities in a held company, if its activity is material to the activity of the reporting corporation, as detailed below:

#	Name of held company if its activity is material to the reporting corporation	Type of identification number	Identification number	Country of incorporation or registration	Country	Nature of connection to the reporting corporation	Type of security	Security number	Quantity of securities	Holding percentage of total securities of the same type	Holding percentage in equity	Holding percentage in voting rights
1	___	___	___	___		_ _			_ _ ___	___	___	___

5. Additional Details:

The holder is an interested party in the company due to the aggregate holdings of PHOENIX FINANCIAL LTD and Phoenix Investment House Ltd., which together hold 5.20% of the company's shares. See also the immediate report published simultaneously with this immediate report regarding the holdings of Phoenix Investment House Ltd. in the company's securities. The holder has informed the company that it will act to obtain a holding permit as required, and will update the company accordingly. As reported to the company - on July 17, 2024, PHOENIX FINANCIAL LTD reported its transformation into a company without a control core. The holdings listed under provident funds include direct holdings of the provident funds, holdings of Israel Shares Partnership, Equity Indices Partnership, Tradable Corporate Bond Indices Partnership, and Bond Indices Partnership (the "partnerships"), as well as holdings of Phoenix Pension and Provident Ltd. The ownership percentages in the partnerships are as follows: Israel Shares Partnership: Phoenix Pension and Provident 69.55%, Mivtach-Participating 30.45%; Equity Indices Partnership: Phoenix Pension and Provident 53.65%, Mivtach-Participating 46.35%; Tradable Corporate Bond Indices Partnership: Phoenix Pension and Provident 57.58%, Mivtach-Participating 42.42%; Bond Indices Partnership: Phoenix Pension and Provident 6.45%, Mivtach-Participating 93.55%. The partnerships are general partnerships registered with the Registrar of Partnerships, and all rights holders in them are companies in the institutional reporting group. The partnerships themselves are not provident fund management companies. According to the partnership agreements between the rights holders in the partnerships, the ownership percentage of the rights holders in the partnerships changes frequently, according to the mechanism set in the partnership agreements.

6. Date and Time the Corporation First Became Aware of the Event or Matter

• Date: 12/08/2025
• Time: 23:30

Details of the Authorized Signatories on Behalf of the Corporation:

#	Name of Signatory	Position
1	Guy Canada	Deputy CEO

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.

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange

Short Name: Israel Canada

Address: 2 Hamnifim St., Herzliya Pituach, 4672553

• Phone: 09-9549091
• Fax: 09-9518005
• Email: guy@canada-israel.com

Previous names of the reporting entity: Pangaea Real Estate Ltd., 3 Pan Technologies Ltd., Rav-Kar Industries Ltd.

Electronic Reporter Name: Hadar Reut

• Position: Deputy CEO, Legal Advisor, and Company Secretary
• Employer Company Name:

Address: 2 Hamnifim St., Herzliya, 4672553

• Phone: 050-6659191
• Fax:
• Email: reut@canada-israel.com

Form structure update date: 04/02/2025