Kvutzat Acro Ltd.

Major Shareholding Notification • Jan 8, 2026

2024-06-09

Below is the composition of the Acro Group as of

31/12/2025

Name of holder and its type (Nostro, mutual funds, provident fund, study funds, pension)	Type of identification number	Identification number	Country of citizenship / incorporation or registration	Name, type, and original series 330 of the security	Stock exchange security number	Updated quantity of securities	Balance in previous central report (quantity of securities)	Change in quantity of securities (-/+)	Maximum holding rate in the security during the report period (relevant only to an institutional reporting group)	Minimum holding rate in the security during the report period (relevant only to an institutional reporting group)	Is the holder permitted to report the change in holdings cumulatively	Remarks
Phoenix Finance Ltd Provident Funds	Ltd.	520017450	Israel	Acro Bond 1	1188572	23,044,577.03	25,913,360.40	-2,868,783.37	4.6336	4.1126	Yes	As reported to the company by the interested party, the holdings listed under provident funds include direct holdings of the provident funds in the company's securities, holdings of Israel Shares Partnership, Equity Indices Partnership, Tradable Bonds 106 Partnership, and Bond Indices Partnership (the Partnerships), as well as holdings of Phoenix Pension & Provident. The holding rates of the rights holders in the partnerships are as detailed below: A. Israel Shares Partnership – Phoenix Pension & Provident 71.90%, Meitav Participant 28.10%. B. Equity Indices Partnership – Phoenix Pension & Provident 44.46%, Meitav Participant 55.54%. C. Tradable Bonds 106 Partnership – Phoenix Pension & Provident 57.73%, Meitav Participant 42.27%. D. Bond Indices Partnership – Phoenix Pension & Provident 5.58%, Meitav Participant 94.42%. The partnerships are registered partnerships, and all rights holders in them are companies in the institutional reporting group in the group. The partnerships themselves are not companies managing provident funds. According to the partnership agreement between the rights holders in the partnerships changes frequently, according to the mechanism set in the partnership agreement.
Phoenix Finance Ltd Provident Funds Phoenix Finance Ltd Provident Funds	Ltd. Ltd.	520017450 520017450	Israel Israel	Acro Bond 2 Acro Warrant others	1226059 1217405	265,235 51,726	64,597 51,726	200,638 0	0.1099 0	0.0258 0	Yes Yes	See section above

This is an unofficial Al 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.

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Name of holder and its type (Nostro, mutual funds, provident fund, study funds, pension)	Type of identification number	Identification number	Country of citizenship / incorporation or registration	Name, type, and original series 330 of the security	Stock exchange security number	Updated quantity of securities	Balance in previous central report (quantity of securities)	Change in quantity of securities (-/+)	Maximum holding rate in the security during the report period (relevant only to an institutional reporting group)	Minimum holding rate in the security during the report period (relevant only to an institutional reporting group)	Is the holder permitted to report the change in holdings cumulatively	Remarks
Phoenix Investment House Ltd Mutual Funds	Registered Company	520041989	Israel	Acro Bond 1	1188572	51,269,891.81	60,691,331.09	-9,421,439.28	10.7459	9.1553	Yes	It should be noted that according to information provided to the company by the interested party, out of the total holdings of the interested party in the bonds (Series 1) of the company, a total of 476,715 bonds are on loan.
Phoenix Investment House Ltd Mutual Funds	Registered Company	520041989	Israel	Acro Bond 2	1226059	45,066,378.29	35,860,802.13	9,205,576.16	18.2212	14.3443	Yes	It should be noted that according to information provided to the company by the interested party, out of the total holdings of the interested party in the bonds (Series 2) of the company, a total of 97,827 bonds are on loan.
Phoenix Investment House Ltd Market Maker Phoenix Investment House Ltd Market Maker	Registered Company Registered Company	520041989 520041989	Israel Israel	Acro Bond 1 Acro Bond 2	1188572 1226059	33,586.98 56,811.71	145.8 18.87	33,441.18 56,792.84	0.0238 0.3707	00	Yes Yes	See section above
Phoenix Investment House Ltd Market Maker Clal Insurance Business Holdings Ltd Nostro	Registered Company Ltd.	520041989 520036120	Israel Israel	Acro Bond 2 Acro Bond 2	1226059 1226059	56,811.71 10,870,660	18.87 10,187,000	56,792.84 683,660	0.3707 4.3483	0 4.0748	Yes Yes	See section above
Migdal Insurance and Financial Holdings Ltd Participating Life Insurance Accounts	Registered Company	520029984	Israel	Acro Bond 1	1188572	64,284,272	69,615,290	-5,331,018	11.48	11.05	Yes	The holdings in the company's bonds shown under participating life insurance accounts are held by the Partnership Migdal Exchange Traded Fund – Tradable Bonds 106 in Israel (the Partnership). The partnership is a registered partnership in which all the rights holders are companies in the institutional reporting group from the Migdal Group. The partnership itself is not participating life insurance accounts and/or a management company. According to the agreements between the partners in the partnership, the holding rate of the rights holders in the partnership changes frequently, in accordance with the

This is an unofficial Al 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.

Name of holder and its type (Nostro, mutual funds, provident fund, study funds, pension)	Type of identification number	Identification number	Country of citizenship / incorporation or registration	Name, type, and original series 330 of the security	Stock exchange security number	Updated quantity of securities	Balance in previous central report (quantity of securities)	Change in quantity of securities (-/+)	Maximum holding rate in the security during the report period (relevant only to an institutional reporting group)	Minimum holding rate in the security during the report period (relevant only to an institutional reporting group)	Is the holder permitted to report the change in holdings cumulatively	Remarks
												mechanism determined in the partnership agreement. Below are the holding rates in the partnership of the rights holders at the date of the interested party's notice: Meitav for participating life insurance accounts 46.74%, Pension and Provident – 53.26%.
Migdal Insurance and Financial Holdings Ltd Mutual Funds	Registered Company	520029984	Israel	Acro Bond 1	1188572	25,577,870	28,115,121	-2,537,251	4.57	4.09	Yes	See section above
Migdal Insurance and Financial Holdings Ltd Mutual Funds	Registered Company	520029984	Israel	Acro Bond 2	1226059	29,620,664	16,263,470	13,357,194	12.01	6.5	Yes	See section above

^* All information was translated according to the supplied glossary, all company names were translated to English.