Big Shopping Centers Ltd.

Share Issue/Capital Change • Nov 2, 2025

BIG SHOPPING CENTERS LTD Public Company Number: 513623314

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd

Form T087 (Public)

Reported via MAGNA: 02/11/2025 Reference: 2025-01-082666

Capital Structure, Grant of Rights to Acquire Shares, and Registers of the Company's Securities and Their Changes Sections 31e, 31(a), 31(b1), and 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of Change: Exercise of employee warrants and exercise of series 7 warrants

1. Company Securities Balance After the Change:

Security Name and Type	Security #	Registered Capital	Issued and Paid-Up Capital	Quantity Recorded By Nominee Company
BIG Shares	1097260	420,000,000	Last report: 25,049,208 Now: 25,056,108	25,056,098
BONDS (Series 8)	1138924	0	451,154,755	451,154,755
BONDS (Series 9)	1141050	0	336,751,670	336,751,670
BONDS (Series 11)	1151117	0	500,461,875	500,461,875
BONDS (Series 12)	1156231	0	602,960,150	602,960,150
BIG OPT 01-19	1156686	0	Last report: 8,167 Now: 1,500	0
BONDS (Series 13)	1159516	0	579,958,000	579,958,000
BONDS (Series 14)	1161512	0	300,000,000	300,000,000
BONDS (Series 15)	1162221	0	688,571,520	688,571,520
BONDS (Series 16)	1168442	0	156,800,000	156,800,000
BONDS (Series 17)	1168459	0	176,000,000	176,000,000
BONDS (Series 18)	1174226	0	1,125,000,001	1,125,000,001
BONDS (Series 19)	1181007	0	318,400,000	318,400,000
BONDS (Series 20)	1186188	0	976,934,127	976,934,127
BIG OPT 09-22	1190149	0	Last report: 239,070 Now: 237,404	0
BIG OPT Others	1194794	0	23,183	0
BIG OPT Employees	1201722	0	712,416	0
CP Series 3	1201490	0	150,000,000	150,000,000
BONDS (Series 21)	1202217	0	536,000,000	536,000,000
Warrants (Series 7)	1214345	0	Last: 760,473 Now: 760,209	760,209
CP Series 5	1223114	0	250,000,000	250,000,000
BONDS (Series 22)	1224948	0	235,000,000	235,000,000
BONDS (Series 23)	1224955	0	343,000,000	343,000,000
BONDS (Series 24)	1227032	0	1,081,374,000	1,081,374,000

Explanation: Must detail all the company's securities, including those not listed for trading.

• 1. The company reports that: From: 29/10/2025 to: 30/10/2025 A change occurred in the amount and registration of holders of the company's securities (including rights to purchase shares) deriving from: Description of the nature of the change: Exercise of employee warrants and exercise of series 7 warrants

• --- Table Securities Holders Affected by the Change ---

• Registered holder: Eltsher Trustees Ltd

ID Number: 513901330 (Israel Corporations Registrar) Nature of the change: Exercise of warrants

Change date: 29/10/2025

Security affected: BIG OPT 09-22 (Security #: 1190149)

Previous balance: 239,070 Balance after change: 237,404

Total change: -1,666

Rights grant to buy shares: No

Security fully paid and proceeds received in full.

1. Registered holder: TASE Nominee Company Ltd

ID Number: 515736817 (Israel Corporations Registrar)

Nature of the change: Exercise of warrants

Change date: 29/10/2025

Security affected: BIG Shares (Security #: 1097260)

Previous balance: 25,049,198 Balance after change: 25,050,864

Total change: +1,666

Rights grant to buy shares: No

Security fully paid and proceeds received in full.

1. Registered holder: Eltsher Trustees Ltd

ID Number: 513901330 (Israel Corporations Registrar)

Nature of the change: Exercise of warrants

Change date: 30/10/2025

Security affected: BIG OPT 01-19 (Security #: 1156686)

Previous balance: 8,167 Balance after change: 1,500

Total change: -6,667

Rights grant to buy shares: No

Security fully paid and proceeds received in full.

1. Registered holder: TASE Nominee Company Ltd

ID Number: 515736817 (Israel Corporations Registrar)

Nature of the change: Exercise of warrants

Change date: 30/10/2025

Security affected: Warrants (Series 7) (1214345)

Previous balance: 760,473 Balance after change: 760,209

Total change: -264

Rights grant to buy shares: No

Security fully paid and proceeds received in full.

1. Registered holder: TASE Nominee Company Ltd

ID Number: 515736817 (Israel Corporations Registrar)

Nature of the change: Exercise of warrants

Change date: 30/10/2025

Security affected: BIG Shares (Security #: 1097260)

Previous balance: 25,055,834 Balance after change: 25,056,098

Total change: +264

Rights grant to buy shares: No

Security fully paid and proceeds received in full.

• --- Explanations ---
• 1. If the change affects more than one security, provide the impact on each security separately.
• 1. Change date All changes of the same type, for the same security, on the same day, are aggregated in one row. Note: distinguish between changes via the exchange clearing and those done directly in the company's books.
• 1. Use "-" for reductions.
• 1. All quantity fields should specify quantity of securities, not NIS par value.
• 1. Shareholder Register as of the Reporting Date: A file is attached: ShareRegister30October2025_isa.pdf
• 1. An updated file of all security registers of the corporation, including the warrant holders register and the bond holders register, is attached:

SecuritiesRegister30October2025_isa.pdf

Authorized signatory details for the entity:

1. Name: Efrat Hayut-Marek

Title: Other

Role: Legal Advisor and Company Secretary

Public Company Name: BIG SHOPPING CENTERS LTD ("BIG") Address: Allied Cities Tower, 26th Floor, Ramat Hasharon, 4713402

Phone: 073-2600420, 073-2600442

Fax: 073-2600426

Email: assaf@bigcenters.co.il Website: www.bigcenters.co.il

Previous Company Name: BIG Shopping Centers (2004) Ltd

Electronic Reporter Name: Efrat Hayut-Marek Role: Legal Advisor and Company Secretary Company Address: Allied Cities Tower, 26th

Floor, Ramat Hasharon, 4713402 Phone: 073-2600407 Fax: 073-2600507 Email: efratm@bigcenters.co.il

Short name on TASE: BIG

Note: Where the Hebrew text refers to ")"אגח" )"ח"אג, it is translated here as "BONDS" per the glossary; likewise, "אופציות "is translated as "warrants", "מ"נע "as "commercial papers", "ע"ני "as "security" / "securities", etc., and company names follow the English versions from the list provided.