Carasso Motors Ltd.

Share Issue/Capital Change • Aug 27, 2025

CARASSO MOTORS LTD

CARASSO MOTORS LTD

Registration Number: 514065283

To: Israel Securities Authority To: TEL AVIV STOCK EXCHANGE LTD Form Number: T087 (Public) Sent via MAGNA: 27/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-064345

Statement of Capital, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Changes Therein

Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the Change:

Exercise of warrants (Series 2 for ordinary shares of the company)

Explanation: Please briefly describe the nature of the change.

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

1. The corporation's securities position after the change:

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
CARASSO MOTORS LTD, Ordinary Share	1123850	150,000,000	Last Report: 94,462,288	Current: 94,471,504
CARASSO MOTORS LTD, Bond A, Corporate Bond	1136464	___	Last Report: 135,585,923	Current: 135,585,923
CARASSO MOTORS LTD, Bond C, Corporate Bond	1141829	___	Last Report: 1,081,994,219	Current: 1,081,994,219
CARASSO MOTORS LTD, Bond D, Corporate Bond	1173566	___	Last Report: 705,591,823	Current: 705,591,823
CARASSO MOTORS LTD, Bond E, Corporate Bond	1202779	___	Last Report: 204,922,416	Current: 204,922,416
CARASSO MOTORS LTD, Bond F, Corporate Bond	1226224	___	Last Report: 495,089,000	Current: 495,089,000
CARASSO MOTORS LTD Warrant 02/21B, Warrant for Share	1172766	___	Last Report: Current: 522,786 532,786

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
CARASSO MOTORS LTD Warrant 03/22D, Warrant for Share	1185156	___	Last Report: 42,350	Current: 42,350
CARASSO MOTORS LTD Warrant 06/22E, Warrant for Share	1187921	___	Last Report: 225,000	Current: 225,000
CARASSO MOTORS LTD Warrant 08/22F, Warrant for Share	1188861	___	Last Report: 300,000	Current: 300,000
CARASSO MOTORS LTD Warrant 07/23G, Warrant for Share	1198530	___	Last Report: 236,200	Current: 236,200
Commercial Papers (Series 1)	1209188	___	Last Report: 250,000,000	Current: 250,000,000
CARASSO MOTORS LTD Warrant 07/24H, Warrant for Share (Employees)	1210491	___	Last Report: 3,613,000	Current: 3,613,000
CARASSO MOTORS LTD Warrant 07/24H, Warrant for Share (Others)	1210509	___	Last Report: 1,548,000	Current: 1,548,000

Explanation: All securities of the company must be detailed, including securities not listed for trading.

1. The corporation announces that: On the date: 27/08/2025 A change occurred in the quantity and in the register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: Exercise of 10,000 warrants (Series 2) by an employee of the company for a total of 9,216 ordinary shares of the company through a cashless exercise mechanism.

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Section 1

1. Name of the registered holder affected by the change: I.B.I. Trust Management Ltd. Type of identification number: Number in the Israeli Companies Register Identification number: 515020428

Nature of the change: Exercise of options Date of change: 27/08/2025 Executed via TASE clearing house: No Type and name of security affected: CARASSO MOTORS LTD Warrant 02/21B, Warrant for Share Security number on TASE: 1172766 Holder's balance in the last report: 532,786 Holder's balance in this security after the change: 522,786 Total quantity of securities increased/decreased: 10,000 Is this a grant of rights to purchase shares: No Total consideration for allocated securities: _________ TASE number of the share resulting from the exercise: _________ Number of shares resulting from full exercise/conversion: _________ Total additional consideration from full exercise/conversion: _________ Period during which the security can be exercised: _________ From: _________ To: _________ Allocated securities will be registered for trading: _________ The allocation of these securities is in continuation of _________ published on _________, reference number _________

• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for ATM program
• Other: _________
• 1. Name of the registered holder affected by the change: TASE Nominee Company Ltd. Type of identification number: Number in the Israeli Companies Register Identification number: 515736817

Nature of the change: Exercise of options Date of change: 27/08/2025 Executed via TASE clearing house: Yes Type and name of security affected: CARASSO MOTORS LTD, Ordinary Share Security number on TASE: 1123850 Holder's balance in the last report: 94,462,288 Holder's balance in this security after the change: 94,471,504 Total quantity of securities increased/decreased: 9,216 Is this a grant of rights to purchase shares: No Total consideration for allocated securities: _________ TASE number of the share resulting from the exercise: _________ Number of shares resulting from full exercise/conversion: _________ Total additional consideration from full exercise/conversion: _________ Period during which the security can be exercised: _________ From: _________ To: _________ Allocated securities will be registered for trading: _________ The allocation of these securities is in continuation of _________ published on _________, reference number _________

• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for ATM program
• Other: _________

Explanations:

• 1. If the change affects more than one security, the effect of the change should be detailed in a separate row for each security.
• 1. Date of change all changes of the same type, in the same security, made on one day, will be summarized in one row. For this purpose – changes made through the TASE clearing house should be separated from changes made directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities should be entered, not NIS par value.

A change occurred only in the register of holders of the corporation's securities (without a change in the quantity of the corporation's securities) as a result of: Description of the nature of the change: _________ Explanation: Please describe all details of the transaction or action that caused the change in the register.

Section 2

1. Name of the registered holder affected by the change: _________ Type of identification number: _________ Identification number: _________ Date of change: _________ Executed via TASE clearing house: _________ Type and name of security affected: _________ Security number on TASE: _________ Quantity of change: _________ Holder's balance in this security after the change: _________

2. Main points of the register of shareholders as of the reporting date are as follows:

No.	Name of Registered Shareholder	Type of Identification Number	Identification Number	Security Number on TASE	Type of Shares and Par Value	Quantity of Shares	Holds Shares as Trustee
1	TASE Nominee Company Ltd.	Number in the Israeli Companies Register	515736817	1123850	0.001 NIS par value	94,471,504	No

• 1. Attached is a file of the register of shareholders in accordance with Section 130 of the Companies Law, 1999
• 1. Attached is an updated file of the registers of the corporation's securities, including the register of warrant holders and the register of bond holders 2025-08- 27_Exercise_of_Warrants_Series_B_isa.pdf

Alt: PDF file of updated registers of the corporation's securities, including warrant and bond holders as of 2025-08-27.

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Dror Shila	CFO
2	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 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 reference):

Securities of the corporation are listed for trading on the TEL AVIV STOCK EXCHANGE LTD

Form structure update date: 06/08/2024

Short name: CARASSO MOTORS LTD

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:

Name of electronic reporter: Dror Shila Position: CFO Employer company name:

Address: Logistics Center, Park Re'em, P.O. Box 90, Bnei Ayish, 6086000 Phone: 08-8631111 Fax: 08-8631872 Email: drorsh@carasso.co.il