Blue Square Real Estate Ltd.

AGM Information • Nov 24, 2025

Immediate Report on Meeting Results

BLUE SQUARE REAL ESTATE LTD (Company no.: 513765859)

To:

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

Form T049 (Public)

MAGNA Transmission Date: 24/11/2025

Reference: 2025-01-091082

Immediate Report on Meeting Results

Regulation 36d of the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 13 of the Securities Regulations (Transaction between ^a company and its controlling shareholder), 2001

Regulation 22 of the Securities Regulations (Private Offering of Securities by ^a Listed Company), 2000

Explanation: This form serves to report all types of meetings.

Clarification: A form should be completed for each type of security for which a meeting notice (Form T460) was published.

1. Meeting Reference Number: 2025-01-077140

• Stock Exchange Security Number entitling holders to participate in the meeting: 1098565
• Name on the exchange of the entitled security: Blue Square Real Estate

2. In the meeting

Special Meeting that convened on 24/11/2025, following a meeting notice published under reference 2025-01-077140, the following topics and resolutions were addressed:

No.	Agenda Item (per T460)	Details	Resolution Summary	Meeting's Decision
1	1	Subject Summary: Approval of the appointment of Mr. Ami Barlev as an external director on the company's board of directors for a three-year term, starting from the date of the meeting's approval.
Type of majority required for approval: Not an ordinary majority
Classification of decision under Companies Law (except sections 275 and 320(f)): Appointment/renewal of an external director's term as provided in sections 239(b) or 245 of the Companies Law
Transaction with a controlling shareholder: No
Type of transaction / subject for vote:	Approve the appointment of Mr. Ami Barlev as an external director on the board of directors for a three-year term from the meeting approval	Approve
2	2	Subject Summary: Approval of the appointment of Mr. Kobi Navon as an external director on the company's board of directors for a second three-year term, starting on November 23, 2025.
Type of majority required for approval: Not an ordinary majority
Classification of decision under Companies Law (except sections 275 and 320(f)): Appointment/renewal of an external director's term as provided in sections 239(b) or 245 of the Companies Law
Transaction with a controlling shareholder: No
Type of transaction / subject for vote:	Approve the appointment of Mr. Kobi Navon as an external director on the board of directors for a second three-year term starting November 23, 2025	Approve

Details of voting in resolutions where the required majority is not an ordinary majority:

1. Appointment of Mr. Ami Barlev as external director

Meeting Decision: Approve

	Quantity	Votes For	Votes Against
Total voting rights	12,199,163
Securities participated	11,645,339
Counted for the vote	11,645,339	11,464,333 (98.45%)	181,006 (1.55%)
Securities not considered as having a personal interest (1)	4,526,058	4,345,052 (96%)	181,006 (4%)

• Voting for approval by non-controlling shareholders / those without personal interest: 96%
• Votes against out of all company voting rights: 1.5%
• Company did not reclassify any shareholder as having a personal interest contrary to their declaration.

2. Appointment of Mr. Kobi Navon as external director (second term)

Meeting Decision: Approve

	Quantity	Votes For	Votes Against
Total voting rights	12,199,163
Securities participated	11,645,339
Counted for the vote	11,644,106	11,626,078 (99.85%)	18,028 (0.15%)
Securities not considered as having a personal interest (1)	4,524,825	4,506,797 (99.60%)	18,028 (0.40%)

• Voting for approval by non-controlling shareholders / those without personal interest: 99.60%
• Votes against out of all company voting rights: 0.15%
• Explanation: Abstaining votes
• Company did not reclassify any shareholder as having a personal interest contrary to their declaration.
• (1) Shares/securities that participated in the vote and were not classified as held by those with a personal interest or by controlling shareholders; in relation to appointment of external directors (Dachatzim), includes only those not personally interested in the approval excluding those whose interest is not due to relations with the controlling shareholder.

3. Details of voters at the meeting who are institutional, interested parties or senior officers:

File in TXT format: 2025-01-077140.txt

Note: Use the "Voting Results Processing" tool available on the ISA website to help produce the required reporting details. Responsibility for the accuracy and completeness of these details under the law lies solely with the reporting corporation.

Download the Voting Results Processing tool from the ISA website: here

4. This report is submitted further to the following report(s):

Report Type	Publication Date	Reference Number
Original	19/10/2025	2025-01-077140

Authorized signatories on behalf of the corporation:

Name	Role
Hagar Guri Greenbaum	Other - Deputy CEO, Chief Legal Counsel

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 shall be signed by those authorized to sign on behalf of the corporation. Staff position on this matter can be found on the ISA website: click here.

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

Short name: Blue Square Real Estate

Address: 1 Azrieli Center (Round Tower), 18th Floor, Tel Aviv, 6701101

Phones: 03-9282649, 03-9282526

Fax: 03-9282402

Email: hagarg@bsre.co.il Company website: -

Names of previous reporting entity:

Electronic signatory name: Saada Ofir

Position: Attorney/Legal Advisor

Employing company:

Address: 132 Menachem Begin, Tel Aviv, 670101

Phone: 073-3165400

Fax:

Email: ofir.saada@bsre.co.il

Date of form structure update: 06/08/2024