AFI Properties Ltd. — Share Issue/Capital Change 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

Number in the register: 510560188

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd.

www.tase.co.il

T020 (Public)

Transmitted by MAGNA: 29/05/2026

Reference:

2026-01-050815

Offeror's notice of the results of the offering in the prospectus

Pursuant to Section 30 of the Securities Law, 5728-1968 and the Securities Regulations (Notices of the Results of the Offering in a Prospectus), 5730-1969

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

Note: When reporting on the results of an offering in a prospectus, the report must also include the early commitments given prior to the publication of the prospectus.

The prospectus is a Shelf prospectus of a reporting corporation

1. Set forth below are the results of the offering in the prospectus, the reference number of which for its publication is (T012) 2026-01-013210

Authorization 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 offering carried out by means of a shelf offering report or a supplemental notice? Yes

Reference number of the shelf offering report (T022) / supplemental notice (T024) 2026-01-049198

Attached are the results of the offering in the prospectus: 20206/ש"ע בורב דיביי נועה תונושתמ דלisa.pdf

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

2.a. Total securities offered in the prospectus:

Type of security	Security number on the stock exchange	Name of security	Total quantity of securities	Price*	Rate of interest	Rate of discount	Weighted rate of discount
Commercial papers	1241926	Afi Nesakh Maschari 6	522,223,000	1New Shekel	——	——	——

*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	Name of trustee	Date of listing for trading
☐	——	——	Name of security:
			Full exchange name:
			Short exchange name:
			——

Note: The maximum number of records that can be filled 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 has been canceled, the "Canceled" field must be checked.

Explanation: In the field "Series serial number" up to 3 letters or digits describing the series serial number should be typed, 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 types, and according to types of subscribers whose offers were accepted:

Securities in respect of which consideration in cash is received:

Type of issuance	Type, number and name of security on the stock exchange	Tender number	Type of subscriber	Total quantity of securities issued	Price*	Future exercise price*	Total amount of the aggregate calculated consideration	Par value of total securities
Public offering (consideration in cash)	Commercial papers	1223650	Public	450,000,000	1 New Shekel	——	450,000,000 New Shekel	450,000,000 New Shekel
	1241926
	Aft Nesakh Maschari 6

*Price per 1 security

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

Type of issuance	Type, number and name of security on the stock exchange	Total quantity of securities	Average closing price* / value of the security on the trading day preceding the exchange date	Future exercise price	Total amount of the aggregate calculated consideration	Par value of total securities	Date of execution of the action**	The securities offered:
							Not yet determined
			Not yet determined

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 / stock dividend distribution in kind, the date is the date of listing of the securities for trading on the stock exchange; in the case of an exchange tender offer, the date is the actual exchange date.

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

Please note: The total amount of the aggregate calculated consideration will be in accordance with the Securities Regulations (Application Fee for Allowance to Publish a Prospectus), 5755-1995. For your convenience, a link to the calculation table: Click here

To the extent that this is an exchange tender offer:

Consideration received in cash* in __ :

Consideration paid in cash** in 1000 :

The cash consideration that the offeror received for the securities offered
*The cash consideration paid by the offeror as part of the tender offer

1. Details of underwriters and distributors in the issuance:

The issuance involved: ☐ Underwriters ☐ Distributors ☐ None of these

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

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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.

| 3 | Name
Name
Reg. No. | Role
Distributor |
| --- | --- | --- |
| | Ipex Issuances Ltd
Name
Reg. No. | Pricing underwriter
Underwriter
Distributor |
| 4 | Eximus Capital Markets Ltd
Name
Reg. No. | Pricing underwriter
Underwriter
Distributor |
| | Value Base Underwriting and Offering Management Ltd
Name
Reg. No. | Pricing underwriter
Underwriter
Distributor |
| 6 | Hachsharat HaPenix Underwriting Ltd
Name
Reg. No. | Pricing underwriter
Underwriter
Distributor |
| | Menora Mivtachim Underwriting and Management Ltd
Name
Reg. No. | Pricing underwriter
Underwriter
Distributor |
| 7 | Extra Mile Underwriting (E.R.G.S) Ltd
Name
Reg. No. | Pricing underwriter
Underwriter
Distributor |
| | Active Underwriting Ltd
Name
Reg. No. | Pricing underwriter
Underwriter
Distributor |

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

	Name of signatory	Position
1	Avi Brazil	Chief Executive Officer

Explanation: Pursuant to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 5730-1970, a report filed pursuant to these regulations shall be signed by the persons authorized to sign on behalf of the corporation. The staff's position on this 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

Date of last form structure update: 09/12/2025

Short name: Afi Properties

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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.

Address: 1 Yael Mann (Allied Cities Tower), Ramat Hasharon 4734501 Telephone: 03-5393562, Fax: 03-5393523

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

Previous names of the reporting entity: Africa Israel Properties Ltd

Name of electronic reporter: Eran PodemPosition: VP and General CounselEmploying company name:

Address: Allied Cities Tower, 25th floor0, Ramat Hasharon4713402Telephone: 03-5393562Fax: 03-5393678Email: eranf@afi.global