Sella Capital Real Estate Ltd.

Share Issue/Capital Change • Oct 16, 2025

SELLA CAPITAL REAL ESTATE LTD

SELLA CAPITAL REAL ESTATE LTD

Registration Number: 513992529

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 16/10/2025 Reference: 2025-01-075933

Correction Report for a Disrupted Report Sent on 16/10/2025

Reference Number: 2025-01-075702

• Disruption: Correction of the balance of warrants (Series 4) after exercise
• Reason for disruption: Human error
• Main points of the correction: Correction of the balance of warrants (Series 4) after exercise

Capital Structure, Granting 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:

Exercise of warrants (Series 4) into shares

Explanation: Briefly describe the nature of the change.

Reference Numbers of Previous Reports on the Subject:

_________, _________, _________.

1. The Corporation's Securities Register After the Change:

Name and Type of Security	Security Number	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
Ordinary Share	1109644	1,000,000,000	238,441,195	238,529,186	238,529,186
Unregistered Warrants	1120948		5,308,765	5,308,765	0
Bonds Series 3	1138973		1,145,092,553	1,145,092,553	1,145,092,553
Bonds Series 4	1167147		1,102,771,353	1,102,771,353	1,102,771,353
Commercial Papers Series 1	1157189		120,000,000	120,000,000	120,000,000
Commercial Papers Series 2	1203975		130,000,000	130,000,000	130,000,000
Bonds Series 5	1205087		441,575,040	441,575,040	441,575,040
Warrants Series 4	1205095		17,597,920	17,509,929	17,509,929
SELLA CAPITAL REAL ESTATE LTD Employees	1205582		339,000	339,000	0

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

2. The Corporation Announces That:

• On the date: 15/10/2025
• There was a change 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: Exercise of warrants (Series 4) into shares

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

Details of the Change:

1. Name of the registered holder affected by the change: The Registration Company of the Tel Aviv Stock Exchange Ltd. Type of identification number: Number in the Israeli Companies Registrar Identification number: 515736817 Nature of the change: Exercise of warrants Date of change: 15/10/2025 Executed via the stock exchange clearing house: Yes Type and name of security affected: Ordinary shares Security number: 1109644 Holder's balance in the last report: 238,441,195 Holder's balance after the change: 238,529,186 Total quantity of securities increased/decreased: 87,991 Is this a grant of rights to purchase shares: No Total consideration for allocated securities: _________ Security number of the share resulting from the 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: _________ Will the allocated securities be registered for trading: _________ The allocation of these securities is a continuation of: _________ published on: _________, reference number: _________ 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 the purpose of an ATM program Other: _________ 2. Name of the registered holder affected by the change: The Registration Company of the Tel Aviv Stock Exchange Ltd. Type of identification number: Number in the Israeli Companies Registrar Identification number: 515736817 Nature of the change: Exercise of warrants Date of change: 15/10/2025

Security number: 1205095

Executed via the stock exchange clearing house: Yes

Type and name of security affected: Warrants Series 4

Holder's balance in the last report: 17,597,920
Holder's balance after the change: 17,509,929
Total quantity of securities increased/decreased: 87,991
Is this a grant of rights to purchase shares: No
Total consideration for allocated securities:
Security number of the share resulting from the 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:
Will the allocated securities be registered for trading:
The allocation of these securities is a continuation of: published on:
, reference number:
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 the purpose of an ATM program
Other:

Explanations:

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

3. Main Points of the Shareholders Register as of the Reporting Date:

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

1. Attached is a file of the shareholders register in accordance with Section 130 of the Companies Law, 1999:

pdf.isa_מרשם_בעלי_מניות16102025

1. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bond holders:

pdf.isa_מרשם_ניירות_ערך16102025

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Lior Wilensky	Legal Advisor of the Company
2	Dror Yehuda	Officer Chief Financial

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. The staff's 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

Form structure update date: 06/08/2024

Short name: SELLA CAPITAL REAL ESTATE LTD

Address: 7 Jabotinsky St., Ramat Gan 52520

Phone: 03-5759222 Fax: 03-6131659

Email: dror@sellacapital.com

Previous names of the reporting entity:

Electronic reporter name: Yehuda Dror

Position: Chief Financial Officer

Employer company name:

Address: 7 Jabotinsky St., Ramat Gan 5252007

Phone: 03-5759222 Fax: 03-7624532

Email: DROR@SELLACAPITAL.COM