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Israel-Canada (T.R) Ltd.

("the Company")

To:

Israel Securities Authority www.isa.gov.il

Tel Aviv Stock Exchange Ltd. www.tase.co.il

September 10, 2025

Subject: Immediate Report

Following the Company's immediate report dated September 8, 2025 ¹⁰¹, regarding the Company's intention to proceed with a public offering of bonds (Series 8 of the Company ("Bonds (Series 8)"), by way of expanding the existing series in circulation ("Series Expansion"), as will be detailed in the shelf offering report that the Company intends to publish ("Shelf Offering Report"), pursuant to the Company's shelf prospectus published on September 4, 2025, dated September 5, 2025 ¹⁰²; the Company is honored to announce that on September 9, 2025, a tender was held to receive early commitments from classified investors ¹⁰³ in connection with the Series Expansion ("the Tender").

Within the framework of the Tender, units were offered to classified investors, each including NIS 1,000 par value of Bonds (Series 8 of the Company ("the Units"), by way of a tender on the unit price of Bonds (Series 8).

Within the framework of the Tender, the Company received early commitments from classified investors to purchase 368,715 units (including NIS 368,715,000 par value of Bonds (Series 8)), of which the Company chose to accept early commitment offers from classified investors to purchase 147,180 units (including NIS 147,180,000 par value of Bonds (Series 8)), at a unit price of NIS 1,058 ("the Closing Price").

The Closing Price will serve as the minimum unit price according to the Shelf Offering Report for the Series Expansion as part of the public offering, if it takes place, which will be conducted under the Shelf Offering Report by way of a uniform offer.

It should be emphasized that the final unit price will be determined as part of the public offering, if it takes place.

The above does not constitute an indication or create any obligation on the part of the Company to carry out the Series Expansion. The Series Expansion and publication of the Shelf Offering Report are subject to obtaining all required approvals by law. This report does not constitute an offer to the public to purchase the Company's securities and no one should purchase or commit to purchase the Company's securities based on this report.

Respectfully,