Shufersal Ltd.

Major Shareholding Notification • Sep 10, 2025

SHUFERSAL LTD.

Registry Number: 520022732

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Sent via MAGNA: 10/09/2025 Reference: 2025-01-068520

Immediate Report on Changes in Holdings of Interested Parties and Senior Office Holders

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

Note: This form is intended for reporting a change in holdings of securities of the reporting corporation only. To report a change 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: Eran Sela
• Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in the passport: Eran Sela
• Type of identification number: Identity card number
• Holder's identification number: 056243249
• Type of holder: Senior office holder 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 representative to the company's board? _________
• Is the holder acting as a representative for the purpose of reporting on behalf of several shareholders holding together securities of the corporation? No
• Name of controlling shareholder in the interested party: Not relevant
• Identification number of controlling shareholder in the interested party: 00
• Citizenship/ Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: _________
• Stock exchange security number: 1191030
• Name and type of security: Warrants 10/22
• Nature of change: Decrease, in convertible securities due to their conversion to shares or redemption
• 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 off-exchange 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: 10/09/2025
• Transaction price: 0 agorot
• Are these dormant shares or securities convertible to dormant shares: No
• Balance (in number of securities) in the last report: 403,845
• Holding percentage of total securities of the same type in the last report: 27.81%
• Change in number of securities: -201,923
• Current balance (in number of securities): 201,922
• Current holding percentage of total securities of the same type: 16.15%

• Holding percentage after the change: In capital: 0% In voting power: 0%

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

• Holding percentage after the change on full dilution: In capital: 0% In voting power: 0%

• Annotation number: _________

• Name of corporation/Last name and first name of holder: Eran Sela

• Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in the passport: Eran Sela
• Type of identification number: Identity card number
• Holder's identification number: 056243249
• Type of holder: Senior office holder 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 representative to the company's board? _________
• Is the holder acting as a representative for the purpose of reporting on behalf of several shareholders holding together securities of the corporation? No
• Name of controlling shareholder in the interested party: Not relevant
• Identification number of controlling shareholder in the interested party: 00
• Citizenship/ Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: _________
• Stock exchange security number: 777037
• Name and type of security: Ordinary shares of 0.1 NIS each
• Nature of change: Increase, in shares due to conversion of securities
• 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 off-exchange 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: 10/09/2025
• Transaction price: 4,141 agorot
• Are these dormant shares or securities convertible to 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: +93,232
• Current balance (in number of securities): 93,232
• Current holding percentage of total securities of the same type: 0%
• Holding percentage after the change: In capital: 0% In voting power: 0%

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

• Holding percentage after the change on full dilution: In capital: 0% In voting power: 0%

• Annotation number: _________

• Name of corporation/Last name and first name of holder: Eran Sela

• Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in the passport: Eran Sela
• Type of identification number: Identity card number
• Holder's identification number: 056243249
• Type of holder: Senior office holder 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 representative to the company's board? _________
• Is the holder acting as a representative for the purpose of reporting on behalf of several shareholders holding together securities of the corporation? No
• Name of controlling shareholder in the interested party: Not relevant
• Identification number of controlling shareholder in the interested party: 00
• Citizenship/ Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: _________
• Stock exchange security number: 777037
• Name and type of security: Ordinary shares of 0.1 NIS each
• Nature of change: Decrease, due to sale on the stock exchange
• 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 off-exchange 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): Multiple transactions
• Date of change: 10/09/2025
• Transaction price: 4,100 agorot
• Are these dormant shares or securities convertible to dormant shares: No
• Balance (in number of securities) in the last report: 93,232
• Holding percentage of total securities of the same type in the last report: 0%
• Change in number of securities: -93,232
• Current balance (in number of securities): 0
• Current holding percentage of total securities of the same type: 0%
• Holding percentage after the change: In capital: 0% In voting power: 0%

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

• Holding percentage after the change on full dilution: In capital: 0% In voting power: 0%

• Annotation number: _________

Note: If the value 'increase due to forced purchase of loaned securities' or 'decrease due to forced sale of loaned securities' is selected, 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.

Table of Annotations

No.	Annotation
1	___

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:

1. 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: 10/09/2025 at 12:45
• 1. Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Hila Cohen Weisberg	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. The staff's position on the matter can be found on the Authority's website: Click here.

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

Form structure update date: 04/02/2025

Short name: SHUFERSAL LTD.

Address: 30 Binyamin Shemotkin St., Rishon LeZion, 7536333 Phone: 03-9481727, 03-9481515 Fax: 03-9480917

Email: hilac@shufersal.co.il Company website: www.shufersal.co.il

Previous names of the reporting entity: Shufersal Ltd.

Name of electronic reporter: Cohen Weisberg Hila Position: Company Secretary

Address: 30 Shemotkin St., Rishon LeZion, 7536333 Phone: 052-3251001 Fax: 03-9480917 Email: hilac@shufersal.co.il