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alt: Company Logo

MIVNE REAL ESTATE (K.D) LTD

("the Company")

October 18, 2025

To:

Israel Securities Authority www.isa.gov.il

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

Subject: Immediate Report - Results of Tender for Classified Investors for the Purchase of Bonds (Series 26 of the Company)

Following the immediate report published by the Company on October 15, 2025 (Reference: 2025-01-075553), regarding the examination of the possibility of a public offering of bonds by way of expanding an existing series of bonds (Series 26 of the Company ("the Bonds")), the Company is pleased to announce that on October 16, 2025, a tender was held to receive early commitments from classified investors¹⁰¹ in connection with a possible offering of the Bonds ("the Tender").

The Bonds were offered to the classified investors in a uniform offer by way of a tender on the unit price, where each unit includes NIS 1,000 par value of Bonds ("the Units").

In the tender, orders were received for a total financial amount of approximately NIS 1,553 million.

From the orders received as part of the tender, the Company chose to accept early commitments from classified investors to purchase 905,235 units at a unit price not less than NIS 1,072, for a total financial consideration of approximately NIS 970 million. The price set in the tender will constitute the minimum unit price in the public offering (if it takes place).

It is emphasized that there is no certainty that the offering will take place and that it is subject to the Company's discretion, the approval of the rating companies, and obtaining all other required approvals according to any law. It is also clarified that the public offering, if carried out, will be made within the framework of a shelf offering report in a uniform offer by way of a tender on the unit price, and that the final unit price of the Bonds, the scope of the public offering, and its other terms will be detailed therein.

Respectfully,