GAV-YAM LANDS CORP. LTD

Registry Number: 520001736

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Transmitted via MAGNA: 28/09/2025 Reference: 2025-01-072121

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.

Name of corporation/Last name and first name of holder: Tal Falb Peleg
Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in passport: Tal Falb Peleg
Type of identification number: Identity card number
Holder's identification number: 032755043
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 representative to the company's board? _________
Is the holder acting as a representative for the purpose of reporting for several shareholders holding together with him securities of the corporation? No
Name of controlling shareholder in the interested party: -
Identification number of controlling shareholder in the interested party: -
Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship
Country of citizenship/incorporation or registration: _________
Security number on the stock exchange: 1194331
Name and type of security: Gav Yam Warrant 03/23
Nature of change: Decrease; In convertible securities due to their conversion to shares or their redemption
Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction
Date of change: 25/09/2025
Transaction rate: 0 agorot
Are these dormant shares or securities convertible to dormant shares: No
Balance (in number of securities) in the last report: 94,918
Holding percentage of total securities of the same type in the last report: 7.66%
Change in number of securities: 47,459-
Current balance (in number of securities): 47,459
Current holding percentage of total securities of the same type: 3.98%
Holding percentage after the change: In capital: 0.00% In voting rights: 0.00%
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: 0.03% In voting rights: 0.03%
Note number: 1
Name of corporation/Last name and first name of holder: Tal Falb Peleg
Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in passport: Tal Falb Peleg
Type of identification number: Identity card number
Holder's identification number: 032755043
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 representative to the company's board? _________
Is the holder acting as a representative for the purpose of reporting for several shareholders holding together with him securities of the corporation? No
Name of controlling shareholder in the interested party: -
Identification number of controlling shareholder in the interested party: -
Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship
Country of citizenship/incorporation or registration: _________
Security number on the stock exchange: 759019
Name and type of security: Ordinary share 0.01 NIS par value
Nature of change: Increase; In shares due to conversion of securities
Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction
Date of change: 25/09/2025
Transaction rate: 0 agorot
Are these dormant shares or securities convertible to dormant shares: No
Balance (in number of securities) in the last report: 3,207
Holding percentage of total securities of the same type in the last report: 0.00%
Change in number of securities: 7,299+
Current balance (in number of securities): 10,506
Current holding percentage of total securities of the same type: 0.00%
Holding percentage after the change: In capital: 0.00% In voting rights: 0.00%
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: 0.03% In voting rights: 0.03%
Note number: 1
Name of corporation/Last name and first name of holder: Tal Falb Peleg
Name of corporation/Last name and first name of holder in English as registered with the Companies Registrar or in passport: Tal Falb Peleg
Type of identification number: Identity card number
Holder's identification number: 032755043
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 representative to the company's board? _________
Is the holder acting as a representative for the purpose of reporting for several shareholders holding together with him securities of the corporation? No
Name of controlling shareholder in the interested party: -
Identification number of controlling shareholder in the interested party: -
Citizenship/Country of incorporation or registration: Private individual with Israeli citizenship
Country of citizenship/incorporation or registration: _________
Security number on the stock exchange: 759019
Name and type of security: Ordinary share 0.01 NIS par value
Nature of change: Decrease; Due to sale on the stock exchange
Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction
Date of change: 25/09/2025
Transaction rate: 3,690 agorot
Are these dormant shares or securities convertible to dormant shares: No
Balance (in number of securities) in the last report: 10,506
Holding percentage of total securities of the same type in the last report: 0.00%
Change in number of securities: 7,299-
Current balance (in number of securities): 3,207
Current holding percentage of total securities of the same type: 0.00%
Holding percentage after the change: In capital: 0.00% In voting rights: 0.00%
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: 0.03% In voting rights: 0.03%
Note number: 1

Note: If the value of increase due to a forced purchase of loaned securities or the value of decrease due to a 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 became a forced sale.

Notes Table

No.	Note
1	The holding percentage on a fully diluted basis in this report above was calculated under the theoretical assumption of the exercise of all non-tradable options officers granted to employees and of the company, under the company's option plan from February 2023 for ordinary shares of the company at a ratio of 1:1. It is clarified that this assumption is theoretical only, since according to the terms of the plan and the said options, the exercise shares will be allocated in a quantity reflects financial benefit that only the embedded in the options (Cashless).

No.

Note

The
holding
percentage
on
a
fully
diluted
basis
in
this
report
above
was
calculated
under
the
theoretical
assumption
of
the
exercise
of
all
non-tradable
options
officers
granted
to
employees
and
of
the
company,
under
the
company's
option
plan
from
February
2023
for
ordinary
shares
of
the
company
at
a
ratio
of
1:1.
It
is
clarified
that
this
assumption
is
theoretical
only,
since
according
to
the
terms
of
the
plan
and
the
said
options,
the
exercise
shares
will
be
allocated
in
a
quantity
reflects
financial
benefit
that
only
the
embedded
in
the
options
(Cashless).

1. Was the entire consideration paid at the time of the change? Yes
1. 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: 25/09/2025 at 19:00
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	Natali Mashan-Zakai	CEO
2	Shiri Weitzman	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.

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

Short name: GAV-YAM

Address: P.O. Box 15041, Haifa 31905 Phone: 04-6644200, 04-6644222 Fax: 04-8533567

Email: [email protected] Company website: www.gav-yam.co.il

Previous names of the reporting entity: GAV-YAM LANDS CORP. LTD

Electronic reporter name: Weitzman Shiri Position: Company Secretary Employer company name:

Address: Andrei Sakharov 9, Haifa 31905 Phone: 052-6898200 Fax: 04-8522859 Email: [email protected]

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GAV-YAM Lands Corp. Ltd.

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