Airport City Ltd.

Legal Proceedings Report • Sep 1, 2025

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.

AIRPORT CITY LTD

Registry Number: 511659401

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T053 (Public) Transmitted via MAGNA: 01/09/2025 ISA Website: www.isa.gov.il TASE Website: www.tase.co.il Reference: 2025-01-066198

Immediate Report on an Event or Matter Deviating from the Corporation's Ordinary Business

Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970

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

Reporting on bond ratings or corporation ratings should be submitted via Form T125.

Report	[
on:	]
Delayed report submission

Nature of the Event:

Mutual claim deletions and referral to arbitration proceedings

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.

• 1. Further to the disclosure in Note 34.A.8 to the company's financial statements for 2024, published on March 27, 2025 (Reference: 2025-01-021711), which is incorporated here by reference, the company is pleased to update that on September 1, 2025, the court gave the force of a judgment to the parties' agreements, according to which the mutual claims between the parties will be terminated by deletion, and the disputes between the parties will be resolved outside the court in arbitration proceedings. The parties may renew their claims at any time without any argument of delay or statute of limitations.
• 1. Date and time the corporation first became aware of the event or matter: 01/09/2025 at 14:00.
• 1. If the report was delayed the reason for the delay: __________
• 1. On date: __________ at time: __________ the impediment to reporting was removed.
• 1. The company is a shell company as defined in the TASE regulations.

Details of the authorized signatories on behalf of the corporation:

#	Name	Position
1	Tzuff Mr. Haim	Chairman of the Board
2	Adv. Meirav Aderet	Legal Counsel of the Company

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.

Previous reference numbers 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: AIRPORT CITY LTD

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.

Address: 8 Granit St., Petah Tikva, P.O. Box 7313, 4951407 Phone: 073-2333900 Fax: 073-2333999

Email: liorp@equital-group.com Company website: .

Previous names of the reporting entity: Kiryat Sde Teufa Ltd.

Electronic reporter name: Lior Papkin Position: Company Secretary and Internal Compliance Officer Employer company name: Oil Refineries Ltd.

Address: 8 Granit St., 7313, Petah Tikva, 4951407 Phone: 073-2333900 Fax: 073-2333999 Email: liorp@equital-group.com

Form structure update date: 06/08/2024