Big Shopping Centers Ltd.

Major Shareholding Notification • Oct 20, 2025

As of: 30/09/2025

BIG SHOPPING CENTERS LTD

Registration Number: 513623314

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd www.tase.co.il

Form Number: T077 (Public)

Transmitted via MAGNA: 20/10/2025

Reference: 2025-01-077903

Immediate Report on the Holdings of Interested Parties and Senior Officers

Regulation	33(c)-(d)	of the Securities	Regulations	(Periodic and	Immediate	Reports), 1970

Reference numbers of previous reports on the subject: _________, _________, _________.

Below is the status as of 30/09/2025:

A. Interested Parties in the Corporation (including CEO and directors, and any other employee holding five percent or more of the issued share capital or voting power):

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Capital	% Voting	Holding Percentage (Full Dilution)	% Capital	% Voting
1	Yehuda Naftali	BIG Ordinary	5,606,541	22.68	22.68	21.00	21.00
2	Roni Naftali	BIG Ordinary	2,960,724	11.98	11.98	11.09	11.09
3	Tamar Bar Zeev	BIG Ordinary	151,034	0.61	0.61	0.57	0.57
4	Israel Yakoby	BIG AP Others	5,650	0	0	0.02	0.02
5	Hay Galis	BIG Ordinary	55,961	0.23	0.23	0.60	0.60
6	Hay Galis	BIG AP 09- 22	44,022
7	Hay Galis	BIG AP Employees	60,000
8	Daniel Naftali	BIG Ordinary	13	0.00	0.00	0.00	0.00
9	Eitan Bar Zeev	BIG Ordinary	17,767	0.07	0.07	0.82	0.82
10	Eitan Bar Zeev	BIG AP 09- 22	100,000
11	Eitan Bar Zeev	BIG AP Employees	100,000
12	Vered Itzhaki	BIG Ordinary	30	0.00	0.00	0.02	0.02
13	Vered Itzhaki	BIG AP Others	5,650
14	Yiftach Ron-Tal	BIG AP Others	5,650			0.02	0.02

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Capital	% Voting	Holding Percentage (Full Dilution)	% Capital	% Voting
15	Hila Amsterdam	BIG AP Others	5,650			0.02	0.02
16	Sarah Stephania Gani	BIG AP Others	1,850			0.01	0.01
17	MENORA MIVTACHIM HOLDINGS LTD - Pension and Provident	BIG Ordinary	1,266,416.69	5.12	5.12	4.74	4.74

Total holding percentage:

Total Holding Percentage	% Capital	% Voting	Total Holding Percentage (Full Dilution)	% Capital	% Voting
57.79	57.79	54.73	54.73

B. Senior Officers in the Corporation (excluding CEO and directors, and any other employee holding five percent or more of the issued share capital or voting power):

• Do not hold securities of the corporation.
• Below is the status of holdings of senior officers in the corporation:

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	% Capital	% Voting	Holding Percentage (Full Dilution)	% Capital	% Voting
114	Assaf Nagar	BIG Ordinary	35,016	0.14	0.14	0.52	0.52
115	Assaf Nagar	BIG AP 09- 22	43,337
116	Assaf Nagar	BIG AP Employees	60,000

Total holding percentage:

Total Holding Percentage	% Capital	% Voting	Total Holding Percentage (Full Dilution)	% Capital	% Voting
0.33	0.33	1.28	1.28

Explanations:

• 1. It is required to report also on the holding of other securities, including those not listed for trading.
• 1. If the interested party holds more than one type of security in the corporation, the holding percentage (including full dilution) should be stated considering all securities held by him in a single row.
• 1. This form must detail the holdings of all interested parties, including those whose holdings have not changed.
• 1. If the interested party is a controlled company with significant activity for the corporation, the holdings should be split between shares acquired before the Companies Law, 1999 came into effect (granting rights in capital and voting) and shares acquired after, which are dormant shares.
• 1. If the interested party is a corporation, also state the first name of the ultimate controlling shareholder(s) in this corporation. If there is no controlling shareholder, provide details of the interested parties in it.
• 1. If a senior officer holds five percent or more of the issued share capital or voting power, his holdings should be detailed in the 'Interested Parties' table as specified in section A above.
• 1. If the interested party or senior officer also holds securities in a controlled company whose activities are significant to the corporation, details of these holdings should be provided in the 'Remarks' field in the holder's details.

Details of the controlling shareholders in the corporation as of the date of this report:

Yehuda Naftali (ID: 048351217)

Ron (Roni) Naftali (ID: 048351241)

Total holding percentage (%) in the corporation's capital by all controlling shareholders: 34.66

Authorized signatories for the corporation:

Name	Position
Efrat Hayut Mark	Legal Advisor and Company Secretary

(*) As of the date of the report, the controlling shareholders of the company are Yehuda Naftali and Ron (Roni) Naftali, who hold shares in the company, among other things, through private companies owned by them, due to being parties to an agreement dated 12 June 2007 regarding the shares of the company held or to be held by them in the future, directly or indirectly through companies owned by them, including regarding voting at the general meeting, appointment of directors, and mechanisms regarding the transfer of shares held by them. Details of this agreement are provided by reference to section 2.4 of the company's shelf prospectus dated 20 May 2024 (reference number: 2024-01-051225).

Contact Information:

Address: Allied Cities Tower, 26th Floor, Ramat Hasharon, 4713402

Phone: 073-2600420, 073-2600442

Fax: 073-2600426

Email: assaf@bigcenters.co.il

Company website: www.bigcenters.co.il

Previous names of the reporting entity:

BIG SHOPPING CENTERS (2004) LTD

Electronic reporter name: Asaf Gelbard

Position: VP of Accounting

Employer: BIG SHOPPING CENTERS (2004) LTD

Address: Allied Cities Tower, 26, Ramat Hasharon, 4713402

Phone: 073-2600424

Fax: 073-2600516

Email: asafg@bifcenters.co.il

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

Form structure update date: 04/02/2025

Short name: BIG

Glossary:

• controlling shareholder
• regarding
• commercial papers
• par value
• security
• warrant
• warrants
• results
• partnership
• technology
• ordinary share
• dividend
• agorot
• Participating unit

This is ^a translation of the original Hebrew document. In case of any discrepancy, the Hebrew version shall prevail.