Kvutzat Acro Ltd. — Share Issue/Capital Change 2025

Aug 26, 2025

KVUTZAT ACRO LTD

KVUTZAT ACRO LTD

Registration Number: 511996803

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 26/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-063914

Capital Structure, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Changes Therein

Regulation 31E of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the Change:

Exercise of warrants

Explanation: Please briefly describe the nature of the change.

Reference numbers of previous reports on the subject:

_________, _________, _________.

1. The Corporation's Securities Position After the Change:

Name and Type of Security	Security Number	Quantity in Registered Capital	Issued and Paid-Up Capital (Last Report)	Issued and Paid-Up Capital (Current)	Quantity Registered in the Name of the Registration Company
ACRO (Ordinary Share)	1184902	1,000,000,000	63,055,720	63,059,140	63,059,140
ACRO Employee Warrants	1185016	0	695,331	690,331	0
Bonds (Series 1)	1188572	0	630,000,000	630,000,000	630,000,000
ACRO Other Warrants	1217405	0	517,242	517,242	0
Bonds (Series 2)	1226059	0	250,000,000	250,000,000	250,000,000

Explanation: All securities of the company must be detailed, including securities not listed for trading.

2. The Corporation Announces That:

On the date: 26/08/2025

A change occurred in the quantity and register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: Exercise of warrants (ACRO Employee Warrants), non-tradable, into ordinary shares without par value of the company. It should be noted that the warrants were exercised according to the 2020 Employee Option Plan (as described in section 3.2.3 of the company's prospectus dated August 11, 2025, with a date of August 12, 2025, referenced in this report) by means of a Cashless mechanism, all as detailed in section 3.2.3 of the aforementioned prospectus.

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Details of the Registered Holder for Whom the Change Occurred:

• 1. Name of registered holder: I.B.I. Equity Compensation and Trusts (2004) Ltd.
  2. Type of identification number: Number in the Israeli Companies Register
  3. Identification number: 513540070
  4. Nature of the change: Exercise of options
  5. Date of change: 30/07/2025
  6. Executed via the stock exchange clearing house: No
  7. Type and name of security affected: ACRO Employee Warrants
  8. Security number: 1185016
  9. Holder's balance in the last report: 695,331
  10. Holder's balance after the change: 690,331
  11. Total quantity of securities increased/decreased: 5,000
  12. Is this a grant of rights to purchase shares: No
  13. Total consideration for allocated securities: _________
  14. Security number of the share resulting from the exercise: _________
  15. Number of shares resulting from full exercise/conversion: _________
  16. Total additional consideration from full exercise/conversion: _________
  17. Period during which the security can be exercised: _________
  18. From: _________ To: _________
  19. Allocated securities will be registered for trading: _________
  20. Allocation of these securities is in continuation of: _________ published on: _________, reference number: _________
  21. Other. Explanation: Exercise of options by means of a Cashless mechanism.
• 1. Name of registered holder: The Registration Company of the Tel Aviv Stock Exchange Ltd.
  2. Type of identification number: Number in the Israeli Companies Register
  3. Identification number: 515736817
  4. Nature of the change: Exercise of options
  5. Date of change: 26/08/2025
  6. Executed via the stock exchange clearing house: Yes
  7. Type and name of security affected: ACRO (Ordinary Share)
  8. Security number: 1184902
  9. Holder's balance in the last report: 63,055,720
  10. Holder's balance after the change: 63,059,140
  11. Total quantity of securities increased/decreased: 3,420
  12. Is this a grant of rights to purchase shares: No

• Total consideration for allocated securities: _________

• Security number of the share resulting from the exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period during which the security can be exercised: _________
• From: _________ To: _________
• Allocated securities will be registered for trading: _________
• Allocation of these securities is in continuation of: _________ published on: _________, reference number: _________
• The security was fully paid and the consideration was fully received.

Explanations:

• 1. If the change affects more than one security, the effect of the change should be detailed in a separate row for each security.
• 1. Date of change all changes of the same type, in the same security, made on one day, should be summarized in one row. For this purpose – changes made through the stock exchange clearing house should be separated from changes made directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities should be filled in, not NIS par value.

3. Main Shareholder Register as of the Reporting Date:

No.	Name of Registered Shareholder	Type of ID Number	ID Number	Security Number	Type and Par Value of Shares	Number of Shares	Holds Shares as Trustee
1	The Registration Company of the Tel Aviv Stock Exchange Ltd.	Number in the Israeli Companies Register	515736817	1184902	Ordinary shares without par value	63,059,140	No

4. Attached is a file of the shareholder register in accordance with Section 130 of the Companies Law, 1999

1. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bond holders

Register_of_Securities_Holders_for_the_Registration_Company_Draft_for_the_Company_isa.pd f

Details of the Authorized Signatories on Behalf of the Corporation:

No.	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.

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

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

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