IBI Investment House Ltd.

Notice of Dividend Amount • Nov 26, 2025

I.B.I. INVESTMENT HOUSE LTD (I.B.I. מ"בע השקעות בית(

Public Immediate Report on Cash Dividend Distribution to Securities

Regulation 37 (a) of the Securities Regulations (Periodic and Immediate Reports), 1970

1. We hereby report that on 26/11/2025 it was decided to pay a dividend.

2. Record date (ex-date): 04/12/2025

3. Payment date: 11/12/2025

3. Payment Details:

Dividend distributed by an Israeli resident company (composition of dividend sources and tax rates - see section 7a)

Security	Security	Dividend per	Currency of	Payment	Representative Rate	Individual	Corporate
Number	Name	Security	Dividend	Currency	Date	Tax %	Tax %
175018	Ordinary Share	2.56154	NIS	NIS	—	25	0

• Dividend distributed by a real estate investment trust (see section 7c for tax rates)
• Dividend distributed by a foreign resident company (see section 7b for tax rates)

You must state the exact dividend amount paid up to 7 digits after the decimal point when the currency of the dividend is NIS, and up to 5 digits after the decimal point if the dividend is in another currency.

Free Text: 35,000,000

1. Total dividend to be paid: 35,000,000 NIS

2. Corporation retained earnings as defined by section 302 of the Companies Law, 1999 after this dividend distribution: 667 NIS

3. Procedure for approving the dividend distribution:

As detailed below.

The above distribution is not subject to court approval under section 303 of the Companies Law.

The final amount of dividend per share is subject to change due to: blank

The final dividend amount per share may be updated up to 2 trading days before the record date.

7. The withholding tax rates detailed below are for the purpose of withholding tax by TASE members.

7a. Composition of sources of dividend distributed by an Israeli resident company from shares and financial instruments, except a REIT:

Source	% of Dividend	Individuals	Companies	Foreign Residents
Taxable income (corporate tax) (1)	100	25%	0%	25%
Income derived overseas (2)	0	25%	23%	25%
Income from approved/beneficiary enterprise (3)	0	15%	15%	15%
Ireland beneficiary enterprise until 2013 (4)	0	15%	15%	4%
Ireland beneficiary enterprise from 2014 (5)	0	20%	20%	4%
Preferred income	0	20%	0%	20%
Approved agricultural/tourism enterprise (6)	0	20%	20%	20%
Approved/beneficiary enterprise that issued waiver (7)	0	15%	0%	15%
Distribution classified as capital gain	0	25%	23%	0%
Distribution by Participating Unit	0	0	0	0
Other	0	0	0	0

Explanations:

• (1) Taxable income (corporate tax) income from profit distributions or dividends originating from income produced in Israel and received directly or indirectly from another corporate taxpayer.
• (2) Income derived overseas is income earned abroad and not taxed in Israel.
• (3) Including income of beneficiary tourism enterprises with the election/activation year until 2013.
• (4) Ireland beneficiary enterprise as elected by 2013.
• (5) Ireland beneficiary enterprise as elected from 2014 onwards.
• (6) Including income from beneficiary tourism enterprise, with election/activation year from 2014 onwards.
• (7) Approved or beneficiary enterprise that issued a waiver by 30.6.2015, after withholding corporate tax.

Free Text (additional financing sources): blank

7b. Dividend distributed by a foreign resident company

	Individuals	Companies	Foreign Residents
Foreign resident company dividend	25%	23%	0%

7c. Dividend distributed by a real estate investment trust (REIT)

Type	% of Dividend	Individuals (1)	Companies	Foreign Resident Companies	Exempt Trust Fund	Pension Fund (2)
Capital gain, land appreciation, and depreciation (3)	0	25%	23%	23%	0%	0%
Other taxable income (rent)	0	47%	23%	23%	23%	0%
Income from income-producing real estate for residential leasing	0	20%	20%	20%	0%	0%
Income taxed by the trust (4)	0	25%	0%	25%	0%	0%
Extraordinary income	0	70%	70%	70%	60%	70%
Other	0	0	0	0	0	0
Weighted withholding tax %	100%	0	0	0	0	0

Explanations:

• (1) Individuals including taxable mutual funds, individual foreign residents.
• (2) Pension funds or provident funds as defined in the Income Tax Ordinance, including foreign pension/provident funds.
• (3) From capital gain or land appreciation, except for the sale of short-term real estate, and includes depreciation expenses.
• (4) Distribution from income taxed at the fund level according to section 64A4(e).

Free Text (other sources): blank

• 1. Number of the corporation's dormant shares not eligible for dividend payment and for which a waiver letter for entitlement to dividend must be provided: 2,048,834
• 1. Impact of the dividend distribution on convertible securities:
• The company does not have convertible securities
• The dividend distribution has no effect on the convertible securities
• The impact of the dividend distribution on the convertible securities is as follows:

Security Name	Security Number	Notes
I.B.I Option Employee	1750132	Exercise price of the warrants will be adjusted for the full amount of the dividend paid per share.
I.B.I Other Options	1211689	Exercise price of the warrants will be adjusted for the full amount of the dividend paid per share.

1. Recommendations and decisions of the directors regarding the dividend distribution as per Regulation 37(a)(1) of the Securities Regulations (Periodic and Immediate Reports), 1970:

The company's Board of Directors has examined the company's compliance with the profit test and the solvency test as defined in section 302 of the Companies Law, 1999, and found that the company meets these tests in connection with the dividend distribution as detailed below.

Regarding compliance with the profit test, the Board of Directors approved the dividend distribution based on the retained earnings of the company as defined by section 302(b) of the Companies Law as of September 30, 2025, exceeding the dividend amount (balance before distribution of 702 million NIS).

Regarding the solvency test, the Board reviewed, among other things, the financial information of the company as of September 30, 2025: the company's solo liquid means (current assets amounting to 481 million NIS, including cash and short-term investments totaling 198 million NIS), the company's capital structure (capital/balance sheet ratio 71%), and liabilities (current liabilities of 190 million NIS). The Board noted that the company complies with the financial covenants it undertook and will continue to meet them after the distribution. The Board also reviewed data on company profits, scope of distribution, liquidity, sources for payment of current and expected obligations (positive working capital), cash balances (including dividends from subsidiaries), company's obligations and their maturity dates, as well as investment plans and additional funding sources available if necessary.

Based on the above, the Board believes there is no reasonable concern that the distribution would prevent the company from meeting its current and expected obligations on maturity. The Board also found that the distribution would not materially adversely affect the company's balance sheet structure, financial robustness, leverage level or its ability to continue operating as usual and pursue its investment plans.

Details of authorized signatories on behalf of the corporation:

#	Name	Role
1	Dave Luvetzky	CEO (General Manager)
2	Shlomi Hanam	Other (Chief Accountant)

Explanation: According to Regulation 5 of the Regulations (Periodic and Immediate Reports), ^a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. The ISA staff position can be found on the ISA website: Click here

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange.

Abbreviated name: I.B.I Investment House

Address: 9 Echad Ha'am, Migdal Shalom, Tel Aviv, 61291

Phone: 03-5193444 | Fax: 03-5175411

Email: DROR@IBI.CO.IL

Previous names: Gachelet Investment Company Ltd

Electronic signatory: Avner Chait Coral, Legal Advisor and Company Secretary

Address: 9 Echad Ha'am, Tel Aviv, 61219101

Phone: 03-5193857 | Fax: 03-5193857 | Email: corala@ibi.co.il

Form version update date: 21/10/2025

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