Big Shopping Centers Ltd.

Board/Management Information • Aug 18, 2025

BIG SHOPPING CENTERS LTD

Registry Number: 513623314

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T094 (Public) Broadcasted on MAGNA: 18/08/2025 Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il Reference: 2025-01-061093

Immediate Report on a Senior Officer Who Ceased to Serve in Their Position

Regulation 34(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

Explanation: According to Regulation 34(d) of the Securities Regulations (Periodic and Immediate Reports), 1970, a list of senior officers must be submitted concurrently with this form as part of Form T097.

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

1. First Name:

Noa

Surname/Corporate Name:

Naftali

Surname and First Name in English:

Noa Naftali

Type of Identification Number:

Identity Card Number

Identification Number:

336458062

_________

Citizenship/ Country of Incorporation or Registration:

Private individual with Israeli citizenship

Country of Citizenship / Incorporation or Registration:

2. Position Ceased to Hold:

#	Position	Additional Details
1	Regular Director	___

Explanation: The following details should be filled if the person ceased to serve as a director appointed by a corporation that is itself a director.

• Name of the corporation that appointed the individual: _________
• Type of identification number: _________
• Identification number: _________
• Citizenship/ Country of Incorporation or Registration: _________
• Country of Citizenship / Incorporation or Registration: _________

3. Date Ceased or Will Cease to Serve:

17/08/2025

Date of Commencement of Service: 29/05/2019

4. To the best of the corporation's knowledge, the retirement:

Is not associated with circumstances that should be brought to the attention of the holders of the corporation's securities.

Explanation: If the retirement is associated with circumstances that should be brought to the attention of the holders of the corporation's securities, please specify.

5. Manner of Termination of Service:

End of term

_________

_________

_________

6. Position Continuing to Hold in the Corporation:

Does not hold any position in the corporation

Does the person continue to serve as a senior officer in the company? No

Explanation: If serving as an authorized electronic signatory and the title has changed – report on Form T300. If not holding any position in the corporation – report on Form T301 concurrently.

7. Was the director a member of a board committee?

No

Name of the committee: _________

8. Will the senior officer continue after retirement to be an interested party by virtue of holdings:

No

/ By virtue of being a senior officer as required by Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970: No

9. Did the company consider the retired director as having accounting and financial expertise?

No

_________

_________

1. Below is the text of the resignation notice of an external director and the reasons for resignation:

Explanation: To be filled only if it is the resignation of an external director.

11. Did the company consider the retired director as an independent director?

No

Has the proportion of independent directors serving on the board decreased below the required proportion according to the articles regarding board independence? Not relevant

Despite the retirement, is there still a majority of independent directors? _________

12. Date and time the corporation first became aware of the event or matter subject to the report:

Date: 17/08/2025 Time: 11:00

Details of the Authorized Signatories on Behalf of the Corporation:

#	Name	Position	Additional Details
1	Assaf Nagar	Other	finance Deputy CEO and responsible for

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. 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 way of reference):

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

Short Name: BIG SHOPPING CENTERS LTD

Address: Allied Cities Tower, 26th Floor, 0, Ramat Hasharon, 4713402 Phone: 073-2600420, 073-2600442 Fax: 073-2600426

Email: assaf@bigcenters.co.il Company Website: www.bigcenters.co.il

Previous names of the reporting entity: BIG SHOPPING CENTERS LTD (2004)

Electronic Signatory Name: Hayut Mark Efrat Position: Legal Advisor and Company Secretary Employer Company Name:

Address: Allied Cities Tower, 26th Floor, 0, Ramat Hasharon, 4713402 Phone: 073-2600407 Fax: 073-2600507 Email: efratm@bigcenters.co.il

Form structure update date: 06/08/2024