Alony Hetz — Capital/Financing Update 2026

Apr 12, 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. .

To: Israel Securities Authority
www.isa.gov.il

To: Tel Aviv Stock Exchange
www.tase.co.il

Ramat Gan, April 12, 2026

Re: Alony-Hetz Properties and Investments Ltd. ("the Company") - Intention to raise debt by way of expanding BONDS (Series 17)

The Company is honored to hereby announce that it intends to examine the possibility of raising debt from the public, by way of publishing a shelf offering report according to which there will be offered to the public, in a uniform offer¹, by way of a tender on the unit price, BONDS (Series 17), by way of expansion of a series traded on the Tel Aviv Stock Exchange Ltd. (hereinafter: "the TASE"), and all by virtue of the Company's shelf prospectus as published on April 16, 2024, bearing the date April 17, 2024 (Reference No.: 2024-01-038131).

The Company intends to conduct tomorrow, Monday, April 13, 2026, a tender for classified investors² without a minimum price, and with an early commitment fee of 0.8% of the total consideration that will be received for the units regarding which the classified investors committed to submit applications in the public tender.

For the avoidance of doubt, it will be clarified that as of the date of this immediate report, there is no certainty that the said issuance will indeed take place. It should be emphasized that the very conduct of a tender for classified investors under the above conditions, as well as the conduct of the issuance, its scope, date, and other conditions as will be detailed in the shelf offering report that the Company will publish (if and to the extent published), have not yet been determined, and these are subject to the Company's discretion and the decision of the Company's Board of Directors, and are contingent, inter alia, on the existence of suitable market conditions and on receiving all approvals required by law, including the approval of the competent organs in the Company and the TASE's approval for the listing for trade of the BONDS, which as of the date of this report have not yet been received.

Nothing in the foregoing constitutes an indication or creates any commitment on the part of the Company to conduct an issuance of securities, in whole or in part.

This report does not constitute an offer to the public to purchase securities of the Company, and no securities of the Company should be purchased or committed to be purchased based on this report.

Sincerely,

Alony-Hetz Properties and Investments Ltd.

By: Messrs. Nathan Hetz, CEO and Director

and Oren Frenkel, CFO

¹ As this term is defined in the Securities Law, 5728-1968, and in the Securities Regulations (Manner of Offering Securities to the Public), 5767-2007 (hereinafter: "the Manner of Offering Regulations").

² As this term is defined in the Manner of Offering Regulations.

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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.

4/12/2026 | 1:09:35 PM