Shikun & Binui

Major Shareholding Notification • Oct 20, 2025

SHIKUN & BINUI LTD.

Company Number: 520036104

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Sent via MAGNA: 20/10/2025

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

Reference: 2025-01-077538

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.

1

Name of corporation/last name and first name of holder:

CLAL INSURANCE ENTERPRISES HOLDINGS LTD. - Provident Funds

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

Clal Insurance Enterprises Holdings LTD

Type of identification number:

Number in the Israeli Companies Registrar

Holder's identification number:

520036120

_________

Type of holder:

Provident funds and companies managing provident funds

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 on behalf of several shareholders holding together securities of the corporation? Yes

Name of controlling shareholder in the interested party:

As reported to the company, the holder is ^a company without ^a controlling core

Identification number of the controlling shareholder in the interested party:

*- *

Citizenship/country of incorporation or registration:

Incorporated in Israel

Country of citizenship/incorporation or registration:

Security number on the stock exchange:

1081942

_________

Name and type of security:

SHIKUN & BINUI LTD. - Ordinary Share

Nature of change:

Increase

Due to off-exchange purchase

Other:

_________

The change results from the exercise of warrants into shares as detailed in the company's immediate report dated 16.10.2025 (Reference No.: 2025-01-075634), which is hereby incorporated by reference.

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):

Multiple transactions

Date of change:

15/10/2025

Transaction price:

1,100

Currency: agorot

Are these dormant shares or securities convertible into dormant shares:

No

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

28,812,393

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

4.95

Change in number of securities:

+10,254,312.30

Current balance (in number of securities):

39,066,705.3

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

6.71

Holding percentage after the change: In capital: %

6.71

In voting rights: %

6.71

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: %

6.68

In voting rights: %

6.68

Note number:

1

2

Name of corporation/last name and first name of holder:

CLAL INSURANCE ENTERPRISES HOLDINGS LTD. - Participating in Profits

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

Clal Insurance Enterprises Holdings LTD

Type of identification number:

Number in the Israeli Companies Registrar

Holder's identification number:

520036120

_________

Type of holder:

Participating life insurance accounts

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 on behalf of several shareholders holding together securities of the corporation? Yes

Name of controlling shareholder in the interested party:

As reported to the company, the holder is ^a company without ^a controlling core

Identification number of the controlling shareholder in the interested party:

*- *

Citizenship/country of incorporation or registration:

Incorporated in Israel

Country of	citizenship/incorporation	or	registration:

Security number on the stock exchange:

1081942

_________

Name and type of security:

SHIKUN & BINUI LTD. - Ordinary Share

Nature of change:

Increase

Due to off-exchange purchase

Other:

_________

The change results from the exercise of warrants into shares as detailed in the company's immediate report dated 16.10.2025 (Reference No.: 2025-01-075634), which is hereby incorporated by reference.

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):

Multiple transactions

Date of change:

15/10/2025

Transaction price:

1,100

Currency: agorot

Are these dormant shares or securities convertible into dormant shares:

No

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

0

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

0

Change in number of securities:

+3,459,973.72

Current balance (in number of securities):

3,459,973.72

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

0.59

Holding percentage after the change: In capital: %

0.59

In voting rights: %

0.59

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: %

0.59

In voting rights: %

0.59

Note number:

_________

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 that were not returned to the lender and thus the lending action became a forced purchase and the lending action a forced sale.

Notes Table

No.	Note
1	According to the notice of the interested party, the holdings in the company's shares listed under provident funds and companies managing provident funds include holdings of the partnership "Amitei Clal Group Stock Index - Israel" (amount of 28,812,393 shares) and a direct holding of a company managing provident funds (10,254,312.30 shares). The partnership is a registered general partnership, all of whose rights holders are companies in the Clal Group. The partnership itself is not a managing company and/or participating life insurance accounts. According to the agreements among the partners in the partnership, the holding percentages of the rights holders in the partnership change frequently, according to the mechanism set in the partnership agreement. The holding percentages of the rights holders in the partnership "Amitei Clal Group - Clal Stock Index Israel" as of 16.10.2025 are as follows: Pension and Provident (69.70%); Profits Insurance - Participating in (29.30%); Atudot - Pension Fund for Employees and Self-Employed (1.0%).
2	The cumulative change as stated exceeds 2% of the company's share capital.

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: 19/10/2025

At: 21:10

_________

_________

_________

1. Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

No.	Name	Position
1	Amit Bierman	CEO
2	Hila Tirosh	Other (VP Legal Counsel)

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.

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

Short name: SHIKUN & BINUI LTD.

Address: HaYarden 1A, Airport City, 70100

Phone: 03-6301111 Fax: 03-6301595

Email: hilat@shikunbinui.com

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

Previous names of the reporting entity: SHIKUN & BINUI HOLDINGS LTD.

Name of electronic reporter: Tirosh-Ankri Hila Position: Legal Advisor and Company Secretary Employer company name: SHIKUN & BINUI LTD.

Address: HaYarden 1, Kiryat Sde HaTeufa, 70100

Phone: 03-6301517 Fax: 03-6301520

Email: hilat@shikunbinui.com

Form structure update date: 04/02/2025