Ashtrom Group Ltd.

Major Shareholding Notification • Oct 12, 2025

ASHTROM GROUP LTD

Registry Number: 510381601

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Sent via MAGNA: 12/10/2025

Israel Securities Authority Email: www.isa.gov.il

Stock Exchange Email: www.tase.co.il

Reference: 2025-01-074795

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 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 the holder:

Alexander Lifshitz

Name of corporation/last name and first name of the holder in English as registered with the Companies Registrar or in the passport:

Alexander Lifshitz

Type of identification number:

Identity card number

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 the 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:

1132315

_________

_________

Name and type of security:

Ordinary share

Nature of the 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 offexchange 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:

09/10/2025

Transaction rate:

7,704

Currency: Agorot

Are these dormant shares or securities convertible into dormant shares:

No

Balance (in number of securities) in the last report:

27,750

Holding percentage of total securities of the same type in the last report: %

0.02

Change in number of securities:

1,000 -

Current balance (in number of securities):

26,750

Current holding percentage of total securities of the same type: %

0.02

Holding percentage after the change: in capital: %

0.02

In voting rights: %

0.02

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: %

0.02

In voting rights: %

0.02

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 a forced sale.

No.	Note
1	Husband of Mrs. Verda Lifshitz, one of the interested parties in Margan. The rate is the average rate of the transactions.

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: 09/10/2025

At: 15:00

_________

_________

_________

1. Details of the actions that caused the change:

Details of the authorized signatories to sign on behalf of the corporation:

	Name of Signatory	Position
1	Oren Nusbaum	Other Deputy CEO of the company for Finance, Business Development, and Renewable Energy

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.

Reference numbers of previous documents on the subject (the mention does not constitute inclusion by way of reference):

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

Short name: ASHTROM GROUP LTD

Address: HaYarkon 3, Bnei Brak 5120124

Phone: 03-6231399 Fax: 03-6231401

Email: dalia@ashtrom.co.il

Company website: http://www.ashtrom.co.il/

Previous names of the reporting entity:

Name of electronic reporter: Ehud (Udi) Afron

Position: External Legal Advisor

Employer company name: M. Firon & Co., Advocates

Address: HaShlosha 2, Tel Aviv 6706054

Phone: 03-7540063 Fax: 03-7540011

Email: udie@firon.co.il

Form structure update date: 04/02/2025