G City

Major Shareholding Notification • Dec 9, 2025

G CITY LTD

Company number: 520033234

To:

• Israel Securities Authority
• Tel Aviv Stock Exchange Ltd.

Form T086 (Public)

Filed on MAGNA: 09/12/2025 Reference: 2025-01-097942

Immediate Report on Change in Treasury Holdings of Debentures and Warrants of the Corporation

Regulation 33 of the Securities Regulations (Periodic and Immediate Reports), 1970

This form is not intended for share buybacks. Share buybacks should be reported on Form T85.

Do not report this change on Form T-76 as well.

Section 1

1. Type of holder: The Company

2. Change in quantity of securities: 3,344,699

3. Explanation: If reporting ^a reduction in quantity, indicate ^a negative value with ^a "-" sign.
4. Will securities purchased be removed from circulation?: Yes
5. Did the ex-date for redemption of the security occur between purchase and withdrawal instruction from TASE clearing?: No
6. Date withdrawal instruction given from TASE clearing: 18/12/2025
7. Holder's balance in the security after the change: 0

Section 2

1. Type of holder: The Company

2. Change in quantity of securities: 3,000,000

3. Explanation: If reporting ^a reduction in quantity, indicate ^a negative value with ^a "-" sign.
4. Will securities purchased be removed from circulation?: Yes
5. Did the ex-date for redemption of the security occur between purchase and withdrawal instruction from TASE clearing?: No
6. Date withdrawal instruction given from TASE clearing: 18/12/2025
7. Holder's balance in the security after the change: 0

Remaining holding of debentures and warrants held by the company and its subsidiaries is as follows:

Security name	Security number	Outstanding balance of this security before the change	Outstanding balance of this security after the change	Holding of this security by the company (not taken out of circulation)	Holding of this security by subsidiaries	Total holding rate (company + subsidiaries) of the security
	000000	0	0	0	0	0

Were the securities purchased as part of a company-approved acquisition plan? Yes

Reporting date of the acquisition plan: 20/03/2025

Details of the authorized signatories on behalf of the corporation:

Name	Position
Revital Kahlon	Other - Deputy CEO, Legal Advisor, and Company Secretary

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

Previous reference numbers on this subject (reference does not constitute inclusion by reference):

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange Form structure update date: 06/08/2024

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.

Short name: G CITY

Address: 8 Aharon Becker St., Tel Aviv 6964316

Tel: 03-6948000 Fax: 03-6961910

Email: IRGG@gazitgroup.com

Company website: www.gazitglobe.com

Previous names of reporting entity: Gazit-Globe Ltd., Gazit-Globe (1982) Ltd., Glob-REIT Investments Ltd.

Reporting electronic signatory name: Klein Ben David Tal

Position: Attorney/Legal Counsel Employer company name:

Address: 8 Aharon Becker St., Tel Aviv 6964316

Tel: 03-6948000 Fax: 03-6961910

Email: tklein@G-City.com