Big Shopping Centers Ltd.

Major Shareholding Notification • Nov 26, 2025

BIG SHOPPING CENTERS LTD

Company Number: 513623314

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T121 (Public)

Sent via MAGNA: 26/11/2025

Reference: 2025-01-092826

Immediate Report for Material General Information

Explanation: Do not use this form when there is a dedicated form for the reported event.

This report form is intended for material reports for which there is no designated appropriate form.

Results of an issuance should be reported on form T20 and not on this form.

A report on the rating of BONDS or ^a corporation's rating should be submitted using form T125.

Nature of the Event:

			Change in Holdings of an Interested Party in a Subsidiary Company

Previous report reference numbers: _________, _________, _________.

Harel Insurance Investments and Financial Services Ltd., an interested party in the company, informed the company that there was a change of more than 2% in its holdings in the shares of AFI PROPERTIES LTD (Security Number: 1091354) ("AFI PROPERTIES"), a subsidiary controlled by the company whose securities are listed for trading on the Tel Aviv Stock Exchange Ltd. As of November 24, 2025, its holdings in AFI PROPERTIES shares are as follows:

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.

• Nostro 191,652 shares constituting 0.46% of the issued capital of AFI PROPERTIES.
• Mutual Funds and ETFs 7,354.20 shares constituting 0.02% of the issued capital of AFI PROPERTIES.
• Harel Amitim Israel Shares 802,340 shares constituting 1.94% of the issued capital of AFI PROPERTIES.

File attached:
The company is not a shell company as defined in the Stock Exchange regulations.

Date on which the corporation first learned of the event: 26/11/2025 at 14:00

Details of Authorized Signatories on behalf of the Corporation:

	Name	Position
1	Assaf Nagar	Other: Deputy CEO and Head of Finance

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by the authorized signatories on behalf of the corporation. The staff's position can be found on the Authority's website: Click here.

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

Short name: BIG

Address: Migdal Allied Cities, Floor 26, Ramat Hasharon 4713402

Phone: 073-2600420, 073-2600442

Fax: 073-2600426

Email: assaf@bigcenters.co.il

Company website: www.bigcenters.co.il

Previous names of the reporting entity: BIG Shopping Centers (2004) Ltd.

Electronic reporting name: Efrat Hayut Marek Position: Legal Advisor and Corporate Secretary 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.

Address: Migdal Allied Cities, Floor 26, Ramat Hasharon 4713402

Phone: 073-2600407 Fax: 073-2600507

Email: efratm@bigcenters.co.il

Numbers of previous document references (the mention does not constitute incorporation by reference):

Date of form structure update: 06/08/2024

Note: No images were present in the original document.