IBI Investment House Ltd.

Legal Proceedings Report • Oct 21, 2025

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

I.B.I INVESTMENT HOUSE LTD

I.B.I. INVESTMENT HOUSE LTD
Registration number: 520034356
To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form T121 (Public) Sent via MAGNA: 21/10/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-078475
Immediate Report for General Material Information
Explanation: Do not use this form when there is a form tailored to the reported event.
This reporting form is intended for material reports for which there is no suitable dedicated form.
Results of an issuance should be reported in form T20 and not in this form.
Reporting on bond ratings or corporate ratings should be submitted using form T125.
Nature of the event:
A subsidiary has applied to the court for approval of a distribution in accordance with Section 303 of the Companies Law.
Reference numbers of previous reports on the subject: , ,

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

The company is pleased to update that on November 21, 2025, the subsidiary I.B.I. – Underwriting and Management Ltd. ("the Underwriting Company"), which is 44.46% owned by it, applied to the Tel Aviv-Jaffa District Court for approval of a distribution in accordance with Section 303 of the Companies Law, 1999. The total amount that the Underwriting Company seeks to distribute is up to NIS 50 million: NIS 25 million in the first stage and, after court approval, the remainder will be distributed subject to the decision of the board of directors of the Underwriting Company. Creditors of the Underwriting Company may apply to the court and object to the request within 30 days or within a later date as determined by the court. As of the date of this report, the company cannot assess whether the distribution will be approved by the court and whether the amounts specified in this notice will actually be distributed, as this is forward-looking information as defined in the Securities Law, 1968. These assessments are based on the information available to the company as of the date of publication of the report and may materialize differently due to decisions of the board of directors of the Underwriting Company and/or objections submitted to the court and/or the decision of the Tel Aviv-Jaffa District Court.

file: Attached
defined The company is not a shell company as in the Stock Exchange regulations.
first The date the corporation became aware of the event: 21/10/2025 At the time: 11:14

Details of the authorized signatories on behalf of the corporation:

#	Name	Position
1	Dave Lubetzky	CEO
2	Shlomi Khanam	Other (Chief Accountant)

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

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.

Short name: I.B.I INVESTMENT HOUSE LTD

Address: 9 Ahad Ha'am St., Shalom Tower, Tel Aviv 61291 Phone: 03-5193444, Fax: 03-

5175411 Email: DROR@IBI.CO.IL

Previous names of the reporting entity: Gachelet Investment Company Ltd.

Name of electronic reporter: Avner Chait Koral Position: Legal Advisor and Company Secretary Employer company name:

Address: 9 Ahad Ha'am St., Tel Aviv 61219101 Phone: 03-5193857, Fax: 03-5193857 Email: corala@ibi.co.il