Israel Canada (T.R) Ltd.

Israel-Canada (T.R) Ltd.

Registration Number: 520039298

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Sent via MAGNA: 19/10/2025

Israel Securities Authority Email: www.isa.gov.il Tel Aviv Stock Exchange Email: www.tase.co.il

Reference: 2025-01-076571

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:

Ben David Ohayon Abraham

Name of Corporation/Last Name and First Name of Holder in English as Registered with the Companies Registrar or in Passport:

Ben David Ohayon Abraham

Type of Identification Number: Passport Number

Holder's Identification Number: X1373626

Type of Holder: Interested party who does not meet any of the other definitions

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 several shareholders holding together 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 without Israeli citizenship

Country of Citizenship / Incorporation or Registration: Switzerland

Security Number on the Stock Exchange: 434019

Name and Type of Security: Israel Canada Ordinary Share

Nature of Change: Decrease

Due to sale outside the stock exchange

Further to the company's report dated July 17, 2025 (Reference Number: 2025-01- 053049), the information of which is brought in this report by way of reference (the "Reference Report"), to the best of the company's knowledge and as reported to it, MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. exercised the option granted to it by ABDO International Holding to purchase an additional 1,654,495 shares of the company, at an exercise price identical to the price in the Reference Report transaction.

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 manner.

Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of Change: 15/10/2025

Transaction Price: 1,536

Currency: agorot

Are these dormant shares or securities convertible into dormant shares? No

Balance (in number of securities) in the last report: 48,950,125

Holding percentage of total securities of the same type in the last report: 14.79%

Change in number of securities: 1,654,495 -

Current balance (in number of securities): 47,295,630

Current holding percentage of total securities of the same type: 14.29%

Holding percentage after the change: In capital: 14.29%

In voting rights: 0%

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: 14.29%

In voting rights: 0%

Note number: 1

Note: If an increase due to a forced purchase of loaned securities or a decrease due to a forced sale of loaned securities is selected, then loaned securities not returned to the lender, and thus the lending action became a forced purchase and the lending action a forced sale.

No.	Note
1	As stated in the company's immediate report dated September 6, 2020 (Reference Number: 2020-01-098346), Abraham Ben David Ohayon, an interested party in the company holding 14.29% of the issued and paid-up share capital of the company and its voting rights, has passed away. To the best of the company's knowledge, the company's shares are held by ABDO International Holding, which was owned by Abraham Ben David Ohayon (deceased) ("Ohayon"). To the best of the company's knowledge and according to information provided to it, the shares owned by Ohayon have not yet been registered in the names of his heirs and are deposited with the inheritance trustee. For details regarding the power of attorney to Mr. Barak Rosen for voting at the general meeting of the company's shareholders (of any type) using 47,295,630 ordinary shares (constituting about 14.29% of the issued and paid-up share capital of the company, including on a fully diluted basis) ("Ohayon Power of Attorney"), see section 8 of part D - Additional Details Report, published as part of the company's periodic report for 2024 (Reference Number: 2025-01-020059), the information of which is brought in this report by way of reference. Based on a legal opinion, the company considers defined Ohayon as a "joint holder", as in the Securities Law, together with Barak Rosen and Asaf Tuchmair, and accordingly as a joint controlling shareholder for the purposes of the Companies Law, but not for the purposes of the Securities Law. In staff discussions held between the company and the of the Israel Securities Authority ("the Authority") regarding the Ohayon Power of Attorney, the Authority's staff informed the company that their position is that Ohayon should be considered a joint controlling shareholder in the company for both the Companies Law and the Securities Law.

No.

Note

As
stated
in
the
company's
immediate
report
dated
September
6,
2020
(Reference
Number:
2020-01-098346),
Abraham
Ben
David
Ohayon,
an
interested
party
in
the
company
holding
14.29%
of
the
issued
and
paid-up
share
capital
of
the
company
and
its
voting
rights,
has
passed
away.
To
the
best
of
the
company's
knowledge,
the
company's
shares
are
held
by
ABDO
International
Holding,
which
was
owned
by
Abraham
Ben
David
Ohayon
(deceased)
("Ohayon").
To
the
best
of
the
company's
knowledge
and
according
to
information
provided
to
it,
the
shares
owned
by
Ohayon
have
not
yet
been
registered
in
the
names
of
his
heirs
and
are
deposited
with
the
inheritance
trustee.
For
details
regarding
the
power
of
attorney
to
Mr.
Barak
Rosen
for
voting
at
the
general
meeting
of
the
company's
shareholders
(of
any
type)
using
47,295,630
ordinary
shares
(constituting
about
14.29%
of
the
issued
and
paid-up
share
capital
of
the
company,
including
on
a
fully
diluted
basis)
("Ohayon
Power
of
Attorney"),
see
section
8
of
part
D
-
Additional
Details
Report,
published
as
part
of
the
company's
periodic
report
for
2024
(Reference
Number:
2025-01-020059),
the
information
of
which
is
brought
in
this
report
by
way
of
reference.
Based
on
a
legal
opinion,
the
company
considers
defined
Ohayon
as
a
"joint
holder",
as
in
the
Securities
Law,
together
with
Barak
Rosen
and
Asaf
Tuchmair,
and
accordingly
as
a
joint
controlling
shareholder
for
the
purposes
of
the
Companies
Law,
but
not
for
the
purposes
of
the
Securities
Law.
In
staff
discussions
held
between
the
company
and
the
of
the
Israel
Securities
Authority
("the
Authority")
regarding
the
Ohayon
Power
of
Attorney,
the
Authority's
staff
informed
the
company
that
their
position
is
that
Ohayon
should
be
considered
a
joint
controlling
shareholder
in
the
company
for
both
the
Companies
Law
and
the
Securities
Law.

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:

If the change is by way of signing a loan agreement, please specify details regarding the termination of the loan:

Explanation: The holding percentages should be stated taking into account all securities held by the interested party.

The date and time the corporation first became aware of the event or matter:

16/10/2025 At: 18:00

Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

	Name of Signatory	Position
1	Guy Canada	Deputy CEO

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.

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

2025-01-053049

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

Form structure update date: 04/02/2025

Short name: Israel Canada

Address: 2 HaMenofim St., Herzliya Pituach, 4672553

Phone: 09-9549091 Fax: 09-9518005

Email: [email protected]

Previous names of the reporting entity: Pangaea Real Estate Ltd., 3 Pan Technologies Ltd., Rav-Kar Industries Ltd.

Name of electronic reporter: Guy Canada

Position: CFO

Employer company name:

Address: 14 Shenkar St., Herzliya, 46733

Phone: 09-9720720 Fax: 09-9720727

Email: [email protected]

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