Africa Israel Residences Ltd.

Major Shareholding Notification • Sep 8, 2025

AFRICA ISRAEL RESIDENCES LTD.

AFRICA ISRAEL RESIDENCES LTD

Registration Number: 520034760

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Transmitted via MAGNA: 08/09/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01- 067616

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting changes in holdings of securities of the reporting corporation only. For reporting changes in holdings of securities of a subsidiary of the reporting corporation, if its activity is material to the activity of the reporting corporation, use Form T121.

1

Name of corporation/Last name and first name of holder: Pittel Itamar

Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in the passport: Pittel Itamar

Type of identification number: ID number

Holder's identification number: 035838549

Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings

Does the hedge fund have the right to appoint a director or its representative to the company's board?

Is the holder acting as a representative for the purpose of reporting on behalf of several shareholders holding securities of the corporation together with him? No

Name of controlling shareholder in the interested party: L.R.

Identification number of the controlling shareholder in the interested party: L.R.

Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship/incorporation or registration:

Security number on the stock exchange: 1186311

Name and type of security: AFRICA ISRAEL RESIDENCES LTD. 3/22 Employee Warrants

Nature of change: Increase Other

Details: Allocation of options to employees

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of change: 08/09/2025

Transaction rate: 0 Currency: agorot

Are these dormant shares or securities convertible into dormant shares: No

Balance (in number of securities) in the last report: 0 Holding percentage of total securities of the same type in the last report: % 0

Change in number of securities: +12,492

Current balance (in number of securities): 12,492 Current holding percentage of total securities of the same type: % 9.68

Holding percentage after the change: In capital: % 0 In voting rights: % 0

Explanation: The holding percentage after the change does not refer to convertible securities.

Holding percentage after the change on a fully diluted basis: In capital: % 0.09 In voting rights: % 0.09

Note number: 1

Note: If an increase is selected due to a forced purchase of loaned securities or a decrease due to a forced sale of loaned securities, then loaned securities that were not returned to the lender and thus the lending action became a forced purchase and the lending action a forced sale.

No.	Note
1	clarified It is that the "holding percentage after the change on a fully diluted basis" is theoretical in view of the "net exercise" mechanism as detailed in the company's option plan.

1. 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 the payment:

2. If the change is by way of signing a loan agreement, please specify details regarding the manner of ending the loan:

Explanation: The holding percentages should be stated taking into account all securities held by the interested party.

• 1. The date and time the corporation first became aware of the event or matter: 08/09/2025 at 09:00
• 1. Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

	Name of Signatory	Position
1	Eran Shuster, Adv.	Company Secretary

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 inclusion by reference):

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

Short name: AFRICA ISRAEL RESIDENCES LTD.

Address: Yoni Netanyahu 1G, Or Yehuda 60250 Phone: 03-7402500, 03-5119340 Fax: 03- 5119301

Email: gilc@wblaw.co.il Company website: www.africa-israel.co.il/megurim

Previous names of the reporting entity: AFRICA ISRAEL RESIDENCES LTD.

Name of electronic reporter: Eran Shuster Position: Company Secretary Employer company name: Weksler, Bergman & Co., Advocates

Address: Yehuda Halevi 23, Tel Aviv 65136 Phone: 03-5119340 Fax: 03-5119394 Email: erans@wblaw.co.il