Mivne Real Estate (K.D.) Ltd.

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MIVNE REAL ESTATE (K.D) LTD

("the Company")

October 15, 2025

To:

Israel Securities Authority Via MAGNA www.isa.gov.il

TEL AVIV STOCK EXCHANGE LTD Via MAYA www.tase.co.il

Re: Immediate Report – Intention to Expand a Traded Bond Series of the Company

The Company is honored to announce that it is considering the possibility of expanding its bonds (Series 26 of the Company, according to the shelf prospectus published by the Company dated May 26, 2025 (Reference: 2025-01-036884)), by way of a uniform offering.

It should be noted that the Company intends to hold, on Thursday, October 16, 2025, a tender to receive early commitments from classified investors in accordance with the Securities Regulations (Manner of Offering Securities to the Public), 2007, without a minimum price per unit, within which early commitment commission at a rate of 0.7% of the total consideration for the bond units for which the classified investors commit to submit orders will be granted to the subscribers.

It is clarified that at this stage the Company is examining the matter and no final decision has yet been made regarding the execution of the issuance, if at all, its timing, scope, and terms, and there is no certainty that the said issuance will indeed take place. The issuance, if carried out, will be under terms to be determined by the Company's Board of Directors and detailed in a shelf offering report to be published (if published).

The execution of the issuance is subject, among other things, to a final decision by the Company's Board of Directors (subject to market conditions), publication of a shelf offering report, receipt of a rating report from the rating company, and receipt of approval from the TEL AVIV STOCK EXCHANGE LTD for the listing for trading of the bonds to be issued, if issued, as well as market conditions.

Nothing stated above constitutes a commitment by the Company to carry out an issuance and/or a public offering of any securities or an invitation to submit offers to purchase them.

Respectfully,