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: 13/08/2025 Israel Securities Authority Email: www.isa.gov.il Tel Aviv Stock Exchange Email: www.tase.co.il Reference: 2025-01-060283

Correction Report for a Disrupted Report Sent on 12/08/2025 with Reference Number: 2025-01-059913

• Disruption: Typographical error in the transaction rate.
• Reason for the disruption: Typographical error.
• Main correction: The transaction rate was corrected (from 9,981 agorot to 99.81 agorot).

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. For reporting 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 funds for joint investments in trust
• The hedge fund has the right to appoint a director or representative on 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 W
• Nature of the change: Increase due to purchase on the stock exchange
• Other: _________

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: 99.81 agorot
• Are these dormant shares or securities convertible into dormant shares: No
• Balance (in number 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 number 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 the value "decrease due to forced sale of loaned securities" is selected, then loaned securities that were 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 from 4.8.2025 to 11.8.2025. It is emphasized that as of August 11, 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
• 1. 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.

Previous reference numbers of 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

Form structure update date: 04/02/2025

Short name: CARASSO MOTORS

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:

Electronic reporter name: 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