Carasso Motors Ltd.

Major Shareholding Notification • Aug 28, 2025

CARASSO MOTORS LTD

CARASSO MOTORS LTD

Registration Number: 514065283

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T079 (Public) Transmitted via MAGNA: 28/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01- 065066

Immediate Report on a Person Who Ceased to be an Interested Party in the Corporation

According to Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: Wherever reference is made to an interested party, it also refers to a holder of a significant means of control in a banking corporation without a control core.

1. Holder Details:

• First Name: _________
• First Name in English as appears in passport: _________
• Last Name/Corporation Name: Or Edna Ltd
• Last Name/Corporation Name in English: Or Edna Ltd
• Type of Identification Number: Company Registrar Number in Israel
• Identification Number: 512956988
• Citizenship/Country of Incorporation or Registration: Incorporated in Israel
• Country of Citizenship/Incorporation or Registration: _________
• Address: 24 Revl, Tel Aviv-Yafo
• Is the holder acting as a representative for the purpose of reporting for several shareholders holding together securities of the corporation: No

2. Details of the Action as a Result of Which the Holder Ceased to be an Interested Party in the Corporation:

• A. Nature of the action: Decrease, due to sale on the stock exchange
• Other: _________
• B. Name and type of security subject to the action: CARASSO MOTORS LTD, ordinary share
• C. Security number on the stock exchange: 1123850
• D. Date of action: 26/08/2025
• E. Quantity of securities subject to the action: 91,997
• F. Price at which the action was performed: 4,129 agorot
• Other: _________
• G. Are they dormant shares or securities convertible into dormant shares: No
• H. 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 payment: _________

3. A. Holdings after the action:

Name, Type, and Series of Security	Security Number on TASE	Quantity of Securities	Dormant*	Holding Percentage	Holding Percentage (Full Dilution)
CARASSO MOTORS LTD, ordinary share	1123850	4,653,309	No	4.93% equity, 4.93% voting	4.61% equity, 4.61% voting

B.

• The holder is not a member of an institutional reporting group.
• The holder is not a member of an institutional reporting group, but serves/served as an office holder in the company who is not a CEO or director and was not an interested party by virtue of his holdings.
• The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Assets Permitted to be Purchased and Held by a Fund and Their Maximum Rates), 1994.
• The hedge fund has the right to appoint a director or representative on the company's board: _________
• The holder is a member of an institutional reporting group. Below are the details of his holdings:

Holder	Name, Type, and Series of Security	Security Number on TASE	Quantity of Securities	Dormant
___	___	___	___	___

Explanations:

• 1. If the interested party holds more than one type of security, the holding percentages should be indicated considering all securities held by him only in one row.
• 1. It is also necessary to report the holding of other securities, including those not listed for trading.
• 1. If the interested party is a subsidiary, the holdings should be split between shares acquired before the entry into force of the Companies Law, 1999, and shares acquired after its entry into force.
• 1. When the holder is not a member of an institutional reporting group, only section 3A should be completed. When the holder is a member of an institutional reporting group, sections 3A and 3B should be completed.

• Please indicate whether these are dormant shares or securities convertible into dormant shares.

• Additional Details: It should be noted that the opening balance of the holder is not identical to the closing balance in the last central report as of June 30, 2025 (as detailed in the company's immediate report dated July 7, 2025, reference number: 2025-01-049269) due to sales made after 30.6.2025 that do not exceed 2% of the voting rights in the company. In addition, it should be noted that to the best of the company's knowledge, out of the total holdings of Ms. Edna Oz Carasso in the company's shares, 1,530,278 shares are held by a trustee in trust for Or Edna Holdings Ltd., and the remaining shares are held by Or Edna Ltd. and Or Edna Holdings (2007) Ltd. (a private company registered in Israel wholly owned by Or Edna Ltd.).

5. The date and time the corporation first became aware of the event or matter: 28/08/2025 at 15:40

#	Name	Position
1	Dror Shila	CFO
2	Adv. Nir Farber	Other (Legal Advisor and Company Secretary)

Authorized Signatories on behalf of the Corporation:

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.

Reference numbers of previous documents on the subject (the mention does not constitute incorporation by reference):

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

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:

Electronic Reporter Name: 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

End of document