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Azrieli Group

Board/Management Information Aug 17, 2025

6675_rns_2025-08-17_859cdfef-0432-4252-a216-8778ef40c785.pdf

Board/Management Information

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This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

AZRIELI GROUP LTD

AZRIELI GROUP LTD

Registration Number: 510960719

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form T121 (Public) Transmitted via MAGNA: 17/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-061044

Immediate Report for General Material Information

Explanation: Do not use this form when there is a form tailored to the reported event.

This reporting form is intended for material reports for which there is no suitable dedicated form.

Results of an issuance should be reported in T20 and not in this form.

Reporting on bond ratings or corporate ratings should be submitted using Form T125.

Nature of the event:

The company's CEO is expected to end his tenure

Reference numbers of previous reports on the subject: _________, _________, _________.

Today, August 17, 2025, at the end of the board meeting for the approval of the financial statements for the second quarter of 2025, the company's CEO, Mr. Ron Avidan, informed the company's board of directors that he had notified the chairperson of the board, Ms. Danna Azrieli, this morning of his desire to end his tenure as the company's CEO, for personal reasons.

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

Subject to the approval of the company's general meeting, which is expected to convene on September 21, 2025, the chairperson of the board, Ms. Danna Azrieli, will be appointed as acting CEO of the company, without additional compensation, starting from the date of the meeting's approval and for a period of up to six months.

Mr. Avidan will continue to serve in his position until the approval of the general meeting as mentioned above.

Attached file: _________

The company is not a shell company as defined in the stock exchange regulations.

The date the corporation first became aware of the event: 17/08/2025 at 17:45

Details of the authorized signatories on behalf of the corporation:

# Name Position
1 Adv.
Nirit
Ze'evi
Other
(VP,
Legal
Advisor,
and
Company
Secretary)

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: AZRIELI GROUP LTD

Address: Azrieli Center 1, Tel Aviv 67021 Phone: 03-6081400, 03-6081300 Fax: 03-6081380

Email: [email protected] Company website: www.azrieligroup.com

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

Previous names of the reporting entity:

Electronic signatory name: Ze'evi Nirit Position: VP and Legal Advisor Employer company name:

Address: Azrieli Center 1, Tel Aviv 67021 Phone: 03-6081383 Fax: 03-6081717 Email: [email protected]

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