Capital/Financing Update • Sep 11, 2025
Capital/Financing Update
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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.

Alt: Company Logo
Date: 11/9/2025
To:
Israel Securities Authority www.isa.gov.il
TEL AVIV STOCK EXCHANGE LTD www.tase.co.il
The Company hereby announces that the second debt fund for financing multifamily properties in the USA, which on February 17, 2023, executed a transaction in the form of a mezzanine loan in the amount of approximately \$7 million, bearing a minimum annual effective interest rate of 12.5% (Reference Number: 2023-01-019015), to finance the purchase of a multifamily property in Philadelphia, Pennsylvania, USA, received on September 10, 2025, a total of approximately \$8.1 million following full repayment. In total, the fund received for its investment over the investment period an amount of approximately \$9.6 million, reflecting an annual internal rate of return (IRR) of about 16.91%.
As a result of the above, the Company is not expected to record any material profit or loss in the third quarter of 2025.
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