Ackerstein Group Ltd.

Share Issue/Capital Change • Sep 25, 2025

ACKERSTEIN GROUP LTD

ACKERSTEIN GROUP LTD Registry Number: 512714494

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 25/09/2025 Israel Securities Authority: www.isa.gov.il Tel Aviv Stock Exchange: www.tase.co.il Reference: 2025-01-071942

Capital Structure, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Their Changes

Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the Change:

_________, _________, _________.

Expiration of non-tradable employee warrants

Explanation: Please briefly describe the nature of the change.

Reference numbers of previous reports on the subject:

1. The corporation's securities after the change:

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital (Last Report)	Issued and Paid-Up Capital (Current)	Quantity Registered in the Name of the Registration Company
ACKERSTEIN - Ordinary Share	1176205	603,700,000	288,480,241	288,480,241	288,480,241
ACKERSTEIN - Employee Warrants	1185446	0	6,321,390	3,998,164	0

Explanation: All securities of the company must be detailed, including securities not listed for trading.

2. The corporation announces that:

On the date: 25/09/2025

A change occurred in the quantity and in the register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: Expiration of non-tradable employee warrants

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Details:

• Name of registered holder affected by the change: Altshuler Shaham Benefits Ltd. in trust
• Type of identification number: Company Registrar Number in Israel
• Identification number: 513890285
• Nature of the change: Expiration
• Date of change: 25/09/2025
• Executed via TASE clearing house: No
• Type and name of security affected: ACKERSTEIN Employee Warrants
• Security number on TASE: 1185446
• Holder's balance in the security in the last report: 6,321,390
• Holder's balance in the security after the change: 3,998,164
• Total quantity of securities decreased/increased: 2,323,226
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• Security number of the share resulting from exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period during which the security can be exercised: _________
• From: _________ To: _________
• Allocated securities will be registered for trading: _________
• The allocation of these securities is a continuation of: _________ published on: _________ and its reference number is: _________
• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for ATM program
• Other: _________

Explanations:

• 1. If the change affects more than one security, the effect of the change should be detailed in a separate row for each security.
• 1. Date of change all changes of the same type, in the same security, performed on the same day, should be summarized in one row. For this purpose – changes performed via the TASE clearing house should be separated from those performed directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities should be entered, not NIS par value.

3. Main points of the register of shareholders as of the reporting date are as follows:

No.	Name of Registered Shareholder	Type of ID Number	ID Number	Security Number on TASE	Type of Shares and Par Value	Number of Shares	Holds Shares as Trustee
1	___	___	___	___	___	___	___

• 1. Attached is a file of the register of shareholders in accordance with Section 130 of the Companies Law, 1999: Register_Shareholders_September2025_isa.pdf
• 1. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bond holders: Register_Securities_September_2025_isa.pdf

Details of authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Saar Egozi	Legal Advisor 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. Staff 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 inclusion by reference):

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

Short name: ACKERSTEIN GROUP LTD

Address: Medinat HaYehudim 103, Herzliya 4676679 Phone: 1700-500-95 Fax: Email: dorons@ackerstein.co.il Company website: http://www.ackerstein.co.il/profile

Previous names of the reporting entity:

Electronic reporter name: Lapin Ackerstein Maya Position: Director and Legal Advisor Employer company name:

Address: Medinat HaYehudim 103, Herzliya 4676679 Phone: 09-9596622 Fax: 09-6556770 Email: mayal@ackerstein.co.il

Form structure update date: 06/08/2024