B Communication

Major Shareholding Notification • Nov 24, 2025

B COMMUNICATIONS LTD

Registration number: 512832742

To:

• Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form T076 (Public) MAGNA Transmission Date: 24/11/2025 Reference: 2025-01-090857

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. To report changes in securities holdings of a held company whose activity is material to the activity of the reporting corporation, use Form T121.

1. Holder: Tomer Raved

2. Holder's ID type: ID number

3. Holder's ID: 036864288
4. Holder type: Director/CEO
5. Is the holder a representative for several shareholders: No
6. Nationality/Country of incorporation or registration: Israeli individual
7. TASE security number: 1185636
8. Name and type of security: B Communications 01/21
9. Essence of change: Decrease In convertible securities due to conversion to shares or their redemption
10. Transaction type: Single transaction
11. Change date: 23/11/2025
12. Transaction price: 0 agorot
13. Quantity of securities in last report: 3,177,362 (96.94% of this type)
14. Change in quantity: -500,000
15. Current quantity: 2,677,362 (100% of this type)
16. Holding percentage after change (capital/voting rights): -
17. Note: The holding percentages after change do not relate to convertible securities.
18. Note 1 applies (see below).

2. Holder: Tomer Raved

• TASE security number: 1107663
• Name and type of security: B Communications
• Essence of change: Increase Shares due to conversion of securities
• Change in quantity: +22,102
• Current quantity: 22,102 (0.01% of this type)
• Holding after change (capital/voting rights): 0%
• Transaction price: 0 agorot
• Date: 23/11/2025
• Note 1 applies (see below).

3. Holder: Tomer Raved

TASE security number: 1107663

Name and type of security: B Communications

Essence of change: Decrease - Due to off-exchange sale

Change in quantity: -22,102

Current quantity: 0

Holding after change (capital/voting rights): 0%

Transaction price: 2,500 agorot

Date: 23/11/2025

4. Holder: Itzhak Tadmor

ID number: 040953804

Holder type: Senior officer who is not CEO or director or interested party by holdings

TASE security number: 1185636

Name and type of security: B Communications 01/21

Essence of change: Decrease - In convertible securities due to conversion to shares or redemption

Change in quantity: -100,000

Current quantity: 0

Holding after change (capital/voting rights): 0%

Transaction price: 0 agorot

Date: 23/11/2025

Note 1 applies (see below).

5. Holder: Itzhak Tadmor

TASE security number: 1107663

Name and type of security: B Communications

Essence of change: Increase - Shares due to conversion of securities

Change in quantity: +46,236

Current quantity: 46,236 (0.03% of this type)

Holding after change (capital/voting rights): 0%

Transaction price: 0 agorot

Date: 23/11/2025

Note 1 applies (see below).

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.

6. Holder: Itzhak Tadmor

TASE security number: 1107663

Name and type of security: B Communications

Essence of change: Decrease - Due to off-exchange sale

Change in quantity: -46,236

Current quantity: 0

Holding after change (capital/voting rights): 0%

Transaction price: 2,498 agorot

Date: 23/11/2025

Note 1

Net exercise mechanism for warrants was used. For the calculation, the share price per the mechanism was approx. 2,511 agorot.
--------------------------------------------------------------------------------------------------------------------------------	--	--	--

				1. Was the full consideration paid at the time of change? Yes
--	--	--	--	---------------------------------------------------------------	--	--	--	--	--	--

• 1. If not, specify the completion date: _________
• 1. If the change is due to signing a lending agreement, specify details of the lending completion: _________

Time and date first known to the corporation: 23/11/2025 at 14:00

1. Details of actions that led to the change: _________

Authorized Signatory Details

Name	Position
Tomer Raved	Chief Executive Officer

Note: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, this report will be signed by authorized signatories on behalf of the corporation. Staff positions on the subject can be found on the Authority's website: Click here 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.

Company details

Short name: B Communications

Address: 144 Menachem Begin, Tel Aviv 6492102

Phone: 03-6796101 Fax: 03-6796111

Email: tomer@bcomm.co.il

Website: www.bcommunications.co.il

Previous company name: 012 Smile.Communications Ltd.

Electronic reporter's name: Raved Tomer

Position: CEO

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