AFI Properties Ltd. — Capital/Financing Update 2026

May 31, 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: The Tel Aviv Stock Exchange Ltd

www.tase.co.il

T087 (Public)

Filed via MAGNA: 31/05/2026

Reference:

2026-01-051003

Capital status, grant of rights to purchase shares and the corporation's securities registers and the changes therein

Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Nature of the change: Issuance of BONDS (Series 18)

Explanation: Briefly describe the nature of the change

Reference numbers of previous reports on the subject: _, _, ____.

1. The corporation's securities status after the change:

Name and type of security	Security number on TASE	Amount in registered capital	Issued and paid-up capital		Quantity registered in the name of the Registration Company
			Quantity in last report	Current quantity
Ordinary shares of NIS 1 par value	1091354	60,000,000	41,427,455	41,427,455	41,427,439
Afi Properties BONDS 8 BONDS	1142231	0	829,797,230	829,797,230	829,797,230
Afi Properties BONDS 10 BONDS	1160878	0	240,279,900	240,279,900	240,279,900
Afi Properties BONDS 12B BONDS	1173764	0	678,903,070	678,903,070	678,903,070
Afi Properties BONDS 13G BONDS	1178292	0	711,731,000	711,731,000	711,731,000
Afi Properties BONDS 14D BONDS	1184530	0	596,441,000	596,441,000	596,441,000
Afi Properties BONDS 15V BONDS	1199603	0	316,509,000	316,509,000	316,509,000
Afi Properties BONDS 17Z BONDS	1210947	0	806,680,000	806,680,000	806,680,000
Afi Properties BONDS 17Z BONDS	1220383	0	1,000,000,000	1,000,000,000	1,000,000,000
Afi Properties BONDS 18H BONDS	1241967	0	0	0	800,000,000
Afi Commercial Asset 5	1223668	0	110,000,000	110,000,000	110,000,000
Afi AP Employees	1236504	0	748,600	748,600	0

Explanation: Detail all of the company's securities, including securities not listed for trading.

1. The corporation announces that:

☐ On the date 31/05/2026

☐ From date _ to date _

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

---

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.

Description of the nature of the change Issuance of BONDS (Series 18)

Explanation: Describe the full details of the transaction or action that caused the change in the corporation's securities.

Name of the registered holder in respect of whom the change occurred: The Registration Company of the Tel Aviv Stock Exchange Ltd

Type of identification number: Number in the Israeli Companies Registrar Identification number: 515736817

Nature of the change: Public offering

Date of change: 15/03/2026 Executed via the TASE Clearing House: Yes

Type and name of the security in which a change occurred: Afi Properties BONDS 18H

Security number on TASE: 1241967

Holder's balance in the security in the last report: 0

Holder's balance in this security after the change: 800,000,000

Total quantity of securities in which there was a decrease/increase: 800,000,000

Is this a grant of rights to purchase shares No

Total consideration for the securities allocated: ____

The TASE number of the share that will derive from exercise of the security: ____

Number of shares that will derive from full exercise/conversion of the security: ____

Total exercise premium that will be received from full exercise/conversion of the security into shares:

The period during which the security can be exercised: ____

From _ until _

The allocated securities will be listed for trading: ____

The allocation of said securities is further to _ which was published on _ and its reference number is __.

☐ The security has been fully paid up and the consideration has been fully received.
☐ The security has been fully paid up, but the consideration has not been fully received.
☐ Issued for the purpose of an ATM program
☐ Other.

The consideration has not yet been received

Explanations:

1. If the change affects more than one security, detail the impact of the change in a separate row for each security.
2. Date of change - all changes of the same type, in the same security, executed on one day, will be summarized in one row. For this matter - separate between changes executed via the TASE Clearing House and changes executed directly in the company's books.
3. The change - for a decrease add the "-" sign.
4. In all quantity fields, fill in the quantity of securities and not NIS par value.

A change occurred only in the register of the corporation's security holders (without a change in the quantity of the corporation's securities) as a result of:

Description of the nature of the change

Explanation: Describe the full details of the transaction or action that caused the change in the register

1 Name of the registered holder in respect of whom the change occurred:

---

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.

Type of identification number: _ Identification number: _

Date of change: _ Executed via the TASE Clearing House: _

Type and name of the security in which a change occurred:

Security number on TASE: __

Quantity of the change: __

Holder's balance in this security after the change: __

1. Main points of the shareholders register as of the report date are as follows:

No.	Name of registered shareholder	Type of identification number	Identification number	Security number on TASE	Type of shares and their par value	Number of shares	Whether holds the shares as trustee
1	_____	_____	_____	_____	_____	_____	_____

1. Attached is a file of the shareholders register in accordance with the provisions of Section 130 of the Companies Law, 5759 - 1999 Shareholders Register 31052026 isa.pdf

2. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of BONDS holders Bonds and Warrants Holders Register 31052026 isa.pdf

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

	Name of signatory	Position
1	Eran Podem	Other
VP, Legal Counsel and Company Secretary

Explanation: According to Regulation 5 of the Securities (Periodic and Immediate Reports) Regulations, 5730 – 1970, a report filed pursuant to these Regulations will be signed by the persons authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the ISA website: Click here.

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

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

Date of last form structure update: 06/08/2024

Short name: Afi Properties

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

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

Former names of reporting entity: Africa Israel Properties Ltd

Name of electronic reporter: Podem EranPosition: VP and Legal Counsel

Name of9999999999999999999999999999999999999

Name of electronic reporter: 25th floor0, Ramat Hasharon4713402

Telephone: 03-5393562

Fax: 03-5393678

Email: eranf@afi.global