Summit Real Estate Holdings Ltd.

Capital/Financing Update • Aug 17, 2025

SUMMIT REAL ESTATE HOLDINGS LTD

SUMMIT REAL ESTATE HOLDINGS LTD

Registration number: 520043720

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form T125 (Public) Transmitted via MAGNA: 17/08/2025 Israel Securities Authority: www.isa.gov.il Tel Aviv Stock Exchange: www.tase.co.il Reference: 2025-01-061040

Immediate Report on the Rating of Debentures / Corporate Rating or Termination of Rating

On 17/08/2025, Midroog published: _________

• Rating report/notice Updated
• Notice of rating termination
• 1. Rating report or notice
• Corporate rating: _________ _________ _________ _________ _________ Notes/Essence of the notice: _________ _________

Rating history in the 3 years prior to the rating/notice:

Date	Subject of Rating	Rating	Notes / Essence of Notice
___	___	_ _ _ _ ___	_ _

Explanation: In the rating history, only the rating history of the rating company subject to this immediate report should be detailed.

Rating of the corporation's debentures:

Name and Type of Security	Security Number	Rating Company	Current Rating	Notes / Essence of Notice
Debentures (Series 14 (New Series))	___	Midroog ___	Midroog _ _ ___ Aa2.il stable	Other Rating action - rating for new series

Rating history in the 3 years prior to the rating/notice:

Name and Type of Security	Security Number	Date	Type of Rated Security	Rating	Notes / Essence of Notice
Debentures (Series 6)	1130939	06/06/2023	Debentures	Midroog _ _ Aa2.il stable	Rating confirmation ___
Debentures (Series 7)	1133479	06/06/2023	Debentures	Midroog _ _ Aa2.il stable	Rating confirmation ___
Debentures (Series 8)	1138940	06/06/2023	Debentures	Midroog _ _ Aa1.il stable	Rating confirmation ___
Debentures (Series 10)	1143395	06/06/2023	Debentures	Midroog _ _ Aa2.il stable	Rating confirmation ___
Debentures (Series 12)	1183920	06/06/2023	Debentures	Midroog _ _ Aa2.il stable	Rating confirmation ___
Debentures (Series 12)	1183920	13/07/2023	Debentures	Midroog _ _ Aa2.il stable	Other Rating action - rating for series expansion
Debentures (Series 12)	1183920	16/07/2023	Debentures	Midroog _ _ Aa2.il stable	Other Rating action - rating for series expansion

Name and Type of Security	Security Number	Date	Type of Rated Security	Rating	Notes / Essence of Notice
Debentures (Series 12)	1183920	16/07/2023	Debentures	Midroog _ _	Other Rating action - rating for series expansion
				Aa2.il stable
Debentures		10/06/2024	Debentures	Midroog ___	Rating confirmation ___
(Series 7)	1133479			___ Aa2.il stable
Debentures	1138940	10/06/2024	Debentures	Midroog ___	Rating
(Series 8)				___ Aa1.il stable	confirmation ___
Debentures	1143395	10/06/2024	Debentures	Midroog ___	Rating confirmation ___
(Series 10)				___ Aa2.il stable
Debentures (Series 12)	1183920	10/06/2024	Debentures	Midroog ___	Rating confirmation ___
				___ Aa2.il stable
Debentures (New Series)	___	10/06/2024	Debentures	Midroog ___	Other Rating action - rating for new series
				___ Aa2.il stable
Commercial Papers (Series 2)	___		Commercial Papers	Midroog ___	Initial rating
		09/07/2024		___ P 1.il None / NOO	___

Name and Type of Security	Security Number	Date	Type of Rated Security	Rating	Notes / Essence of Notice
Commercial Papers (Series 2)	___	11/07/2024	Commercial Papers	Midroog _ _ P 1.il None / NOO	Other Update of rating action for CP Series 2
Debentures (Series 12)	1183920	30/03/2025	Debentures	Midroog _ _ Aa2.il stable	Other Rating action - rating for series expansion
Debentures (Series 12)	1183920	01/04/2025	Debentures	Midroog _ _ Aa2.il stable	Other Rating action - rating for series expansion
Commercial Papers (Series 3)	___	30/06/2025	Commercial Papers	Midroog _ _ P 1.il None / NOO	Initial rating ___
Commercial Papers (Series 3)	___	06/07/2025	Commercial Papers	Midroog _ _ P 1.il None / NOO	Other Rating confirmation
Debentures (Series 8)	1138940	07/08/2025	Debentures	Midroog _ _ Aa1.il stable	Rating confirmation ___
Debentures (Series 10)	1143395	07/08/2025	Debentures	Midroog _ _ Aa2.il stable	Rating confirmation ___

Name and Type of Security	Security Number	Date	Type of Rated Security	Rating	Notes / Essence of Notice
Debentures (Series 12)	1183920	07/08/2025	Debentures	Midroog _ _ Aa2.il stable	Rating confirmation ___
Debentures (Series 13)	1208495	07/08/2025	Debentures	Midroog _ _ Aa2.il stable	Rating confirmation ___
Commercial Papers (Series 3)	1224914	07/08/2025	Commercial Papers	Midroog _ _ P 1.il None / NOO	Rating confirmation ___

Explanation: In the rating history, only the rating history of the rating company subject to this immediate report should be detailed.

Attached is the rating report:

SUMMIT_REAL_ESTATE_HOLDINGS_Rating_Action_17082025-PDFUA_isa.pdf

1. On _________, _________ announced _________ the termination of rating for: _________

Details of the authorized signatories on behalf of the corporation:

#	Name	Position
1	Amir Sagie	CEO and Director

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.

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

Form structure update date: 06/08/2024

Short name: SUMMIT

Address: Andrei Sakharov 3, Haifa 31905 Phone: 04-8408091, Fax: 04-8408092

Email: amirs@smt.co.il

Previous names of the reporting entity: Hail Holdings (1965) Ltd.

Electronic reporter name: Sagie Amir Position: CEO Employer company name:

Address: Andrei Sakharov 3, Haifa 3508409 Phone: 04-8408091, Fax: 04-8408092 Email: amirs@smt.co.il