AFI Properties Ltd. — Capital/Financing Update 2026

May 29, 2026

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.

Afi Properties Ltd.

AFI PROPERTIES LTD

Registrar number: 510560188

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd.

www.tase.co.il

T020 (Public)

Transfered via MAGNA: 29/05/2026

Reference:

2026-01-050812

Notice of the offeror regarding the results of the offer in the prospectus

Pursuant to Section 30 of the Securities Law, 1968 and the Securities Regulations (Notices regarding the results of the offer in the prospectus), 1969

☐ Results of an early commitments auction given in the prospectus (without the securities in the prospectus having been offered).
☐ Results of an offer in a prospectus.
☐ Cancellation of the public offer.

Note: In a report on results of an offer in a prospectus, early commitments given prior to the publication of the prospectus must also be included.

The prospectus is a shelf prospectus of a reporting corporation

1. Set forth below are the results of the offer in the prospectus whose publication reference number is (T012) 2026-01-013210

The permit for its publication was granted on 08/02/2026 and the period for submitting orders pursuant thereto ended on (in the case of an ATM program – the date on which the program ended) 28/05/2026.

Was the offer executed by means of a shelf offering report or a supplementary notice Yes

Reference number of the shelf offering report (T022) / supplementary notice (T024) 2026-01-049321

Attached are the results of the offer in the prospectus: Totsaut Mechraz Tziburi May2026 BONDS isa.pdf

Prospectus number: 52181 Note: To be entered for the internal use of the Authority.

2.a. Total securities offered in the prospectus:

Type of security	Security number on the stock exchange	Security name	Total number of securities	Price*	Interest rate	Discount rate	Weighted discount rate
Debentures	1241967	Afi Properties BONDS 18	894,737,300	1New Shekel	4.48

*Price per 1 security

b. Completion of details for ETFs offered in the prospectus:

Canceled*	Security number on the stock exchange	Series serial number	Name	Type of security on the stock exchange	Trustee name	Date of listing for trading
☐	——	——	Security name:
			Full stock exchange name:
			Short stock exchange name:

Note: The maximum number of records that can be completed in the table is 35. If it is necessary to report a larger number of records, the report must be split.

Explanation: If the series was canceled, mark the "Canceled" field.

Explanation: In the "Series serial number" field, enter up to 3 letters or digits describing the serial number of the series without additional marks such as quotation marks.

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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.

1. Total securities by type, and by type of subscribers whose offer was accepted:

Securities for which consideration is received in cash:

Type of issuance	Type, number and name of security on the stock exchange	Auction number	Type of subscriber	Total number of securities issued	Price*	Future exercise price*	Total amount of aggregate consideration calculated	Par value of aggregate securities
Public offer (cash consideration)	Debentures	1234855	Public	800,000,000	1 New Shekel	——	800,000,000 New Shekel	800,000,000 New Shekel
	1241967
	Afi Properties BONDS 18

*Price per 1 security

In the case of listing for trading (including listing for trading in the context of an IPO) / release from lock-up / exchange tender offer / merger / distribution of dividend in kind:

Type of issuance	Type, number and name of security on the stock exchange	Total number of securities	Average closing price* / value of security on the trading day prior to the exchange date	Future exercise price	Total amount of aggregate consideration calculated	Par value of aggregate securities	Date of execution of the action**	Securities offered:

Notes:

*Average closing price of the security of the same type, in the first three trading days after listing for trading.

**In the case of listing for trading / release from lock-up / distribution of dividend in kind, the date is the listing date of the securities for trading on the stock exchange; in the case of an exchange tender offer, the date is the actual date of the exchange.

***In an exchange tender offer, the exchanged securities (received) must be reported. If the exchanged securities are not traded, report the securities that were offered.

Please note: The total amount of aggregate consideration calculated shall be in accordance with the Securities Regulations (Application fee for a permit to publish a prospectus), 1995. For your convenience, a link to the calculation method table: Click here

If this is an exchange tender offer:

Consideration received in cash* in __ :

Consideration paid in cash** in 1

*Cash consideration that the offeror received for the securities offered

**Cash consideration paid by the offeror under the tender offer

1. Details of underwriters and distributors in the issuance:

Participated in the issuance: ☐ Underwriters ☐ Distributors ☐ None of these

	Name	Role
1	Barak Leumi Underwriters Ltd.
	Name	Lead underwriter
	Reg. no.	Underwriter
2	Leader Issuances (1993) Ltd.	Lead underwriter
	Name	Underwriter
		Distributor

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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.

	Name Reg. no.	Role
3	Ipex Issuances Ltd.
	Name	☐ Lead underwriter ☐ Underwriter
	Reg. no.	☐ Distributor
4	Eximus Capital Markets Ltd.
	Name	☐ Lead underwriter ☐ Underwriter
	Reg. no.	☐ Distributor
5	Value Base Underwriting and Offering Management Ltd.
	Name	☐ Lead underwriter ☐ Underwriter
	Reg. no.	☐ Distributor
6	Harel Phoenix Underwriting Ltd.
	Name	☐ Lead underwriter ☐ Underwriter
	Reg. no.	☐ Distributor
7	Extra Mile Underwriting (E.R.G.S) Ltd.
	Name	☐ Lead underwriter ☐ Underwriter
	Reg. no.	☐ Distributor
8	Active Underwriting Ltd.
	Name	☐ Lead underwriter ☐ Underwriter
	Reg. no.	☐ Distributor
9	Menora Mivtachim Underwriting and Management Ltd.
	Name	☐ Lead underwriter ☐ Underwriter
	Reg. no.	☐ Distributor

Details of the signatories authorized to sign on behalf of the corporation:

	Name of signatory	Position
1	Avi Brazili	Chief Executive Officer

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

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

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange

Form structure update date:

09/12/2025

Short name: Afi Properties

Address: 1 Yael Man (Allied Cities Tower), Ramat Hasharon4734501 Telephone: 03-5393562, Fax: 03-5393523

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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.

Email: eranf@afi.global Company website: https://afi-properties.com

Former names of reporting entity: Africa Israel Properties Ltd.

Name of electronic reporter: Eran PodemPosition: Vice President and Legal CounselEmploying company name:

Address: Allied Cities Tower, 25th floor, Ramat Hasharon4713402Telephone: 03-5393562Fax: 03-5393678Email: eranf@afi.global