Kvutzat Acro Ltd.

Major Shareholding Notification • Sep 18, 2025

KVUTZAT ACRO LTD

KVUTZAT ACRO LTD

Registration Number: 511996803

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Transmitted via MAGNA: 18/09/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01- 070715

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 holdings of securities of a subsidiary of the reporting corporation, if its activity is material to the activity of the reporting corporation, use Form T121.

1

Name of corporation/last name and first name of the holder: CLAL INSURANCE ENTERPRISES HOLDINGS LTD - Pension and Provident

Name of corporation/last name and first name of the holder in English as registered with the Companies Registrar or in the passport: CLAL INSURANCE ENTERPRISES HOLDINGS LTD

Type of identification number: Israeli Companies Registrar Number

Identification number of the holder: 520036120

Type of holder: Provident funds and companies managing provident funds

Does the hedge fund have the right to appoint a director or representative on the company's board? _________

Is the holder acting as a representative for the purpose of reporting for several shareholders holding together securities of the corporation? Yes

Name of controlling shareholder in the interested party: To the best of the company's knowledge, CLAL INSURANCE ENTERPRISES HOLDINGS LTD is a company without a controlling shareholder.

Identification number of the controlling shareholder in the interested party: N/A

Citizenship/country of incorporation or registration: Incorporated in Israel

Country of citizenship/incorporation or registration: _________

Security number on the stock exchange: 1188572

Name and type of security: Acro Bond A

Nature of the change: Decrease _________ Due to sale on the stock exchange

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Multiple transactions

Date of change: 16/09/2025

_________

Transaction rate: 99.38 Currency: Agorot

Are these dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 111,662,583.2 Holding percentage of total securities of the same type in the last report: 17.72%

Change in quantity of securities: -104,741,006

Current balance (in quantity of securities): 6,921,577.20 Current holding percentage of total securities of the same type: 1.11%

Holding percentage after the change: In capital: % 4.96 In voting rights: 4.96%

Explanation: The holding percentage after the change does not refer to convertible securities.

Holding percentage after the change on a fully diluted basis: In capital: % 4.86 In voting rights: 4.86%

Note number: 1

Note: If the value of increase due to a forced purchase of loaned securities or the value of decrease due to a forced sale of loaned securities is selected, then loaned securities not returned to the lender, and thus the lending action became a forced purchase and the lending action a forced sale.

No.	Note
1	As reported to the company by the interested party, the holding is through the – partnership "Interested Parties - Investment Baskets Clal Corporate Bond Basket (Unlinked)" (hereinafter: "the partnership"). The partnership "Clal Group Members – Clal Corporate Bond Basket (Unlinked)" is a registered general partnership, all rights in which are held by companies in the Clal Group. The partnership itself is not a management company and/or participating life insurance accounts. According to the agreements among the partners in the partnership, the holding percentages of the rights holders in the partnership change frequently, according to the mechanism set in the partnership agreement. The holding percentages of – the rights holders in the partnership "Clal Group Members Clal Corporate Bond Basket (Unlinked)" as of 16/09/2025 are as follows: Pension and Provident Profits (49.54%); Insurance - Participating in (45.66%); Atudot - Pension Fund for Employees and Self-Employed (4.81%). It should be noted that the holder is part of the CLAL INSURANCE ENTERPRISES HOLDINGS LTD group ("Clal"), which is an interested party in the company by virtue of its holdings. As reported to the company by the interested party, as of 16 September 2025, Clal holds 3,155,507 shares of the company, constituting 5.004% of the issued and paid-up share capital and voting rights in the company.

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

If not all the consideration was paid at the time of the change, please specify the date of completion of the payment: _________

1. If the change is by way of signing a loan agreement, please specify details regarding the manner of ending the loan: _________

Explanation: The holding percentages should be stated taking into account all securities held by the interested party.

• 1. The date and time the corporation first became aware of the event or matter: 18/09/2025 At: 09:30
• 1. Details of the actions that caused the change: _________

Details of the authorized signatories on behalf of the corporation:

	Name of Signatory	Position
1	Ziv Yaakobi	CEO and Director

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

Reference numbers of previous documents on the subject (the mention does not constitute inclusion by way of reference):

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

Form structure update date: 04/02/2025

Short name: KVUTZAT ACRO LTD

Address: HaMenofim 2, Herzliya 4672553 Phone: 09-9718900, Fax: 09-9718901

Email: info@acrogrp.com Company website: www.acronadlan.com

Previous names of the reporting entity: Arbov Investments Ltd.

Name of electronic reporter: Lazer Arbiv Vered Position: Legal Advisor and Company Secretary Employer company name: Acro Real Estate Initiation Ltd.

Address: HaMenofim 2, Herzliya 4672553 Phone: 09-9718900 Fax: 09-9718901 Email: vered@acrogrp.com