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Amot Investments Ltd.

Investor Presentation May 13, 2025

6641_rns_2025-05-13_a3611fad-0532-439c-b4cd-f8cfdd9d31ea.pdf

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AMOT INVESTMENTS

CAPITAL MARKET PRESENTATION

Q1 2025

MAY 2025

Q1/2025

Capital Market Presentation

This is an English translation of a Hebrew report of the company, that was published on 13 May , 2025 (reference No. 2025-01-033275) at the ISA reporting website (magna.isa.gov.il) (hereafter: "The Hebrew Version"). The English version is only for convenience purposes. This is not an official translation and has no binding force. The translation in any case cannot perfectly reflect the Hebrew Version. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

ABOUT AMOT

2 MAY 2025 Capital Market Presentation Q1/2025 ALONY HETZ GROUP

3 MAY 2025 Capital Market Presentation Q1/2025

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate for over 60 years.

Owned by the company

ABOUT AMOT

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

NOI 264 BILLION

NOI for Q1 2025 (in NIS)

194 THOUSAND SQM

5 projects under construction in the scope of 194 Thousand sqm in total cost of 3.3 billion NIS (company's share)

1.86 MILLION SQM

Approximately 1.16 million sqm rental space

93.2%OCCUPANCY RATE

The occupancy rate as of March 31, 2025, excluding a property that was realized after the balance sheet date

20.8 BILLION

Total real-estate value (in NIS)

Assets value in greater Tel Aviv

4 MAY 2025 Capital Market Presentation Q1/2025

1.9%

Weighted cost of linked debt, excluding utilization of short-term credit

AMOT INVESTMENTS FROM ALONY HETZ GROUP ABOUT AMOT

FINANCIAL STRENGTH

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

98%

Of the Company's assets are unsecured

9.5 BILLION

Net financial debt (in NIS)

45%

Leverage ratio

9.1 BILLION

Equity (in NIS)

The Company's bonds rating

5.0 YEARS

Average debt duration

51%

A subsidiary of Alony-Hetz Properties and Investments Ltd., which holds approximately 51% of its equity.

Quarterly dividend distribution policy, high dividend yield over time. In Q1 2025 , a dividend of NIS 236 millions was distributed.

DIVIDEND

A public company that is traded on the Israeli Stock Exchange and included in the indices: Tel Aviv 35, Tel-Aviv - Real Estate, Tel Div and EPRA.

LEADING INDICES

5 MAY 2025 Capital Market Presentation

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP ABOUT AMOT

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

THE COMPANY'S CUSTOMERS

SELECTION OF LOCAL AND INTERNATIONAL COMPANIES

GOOGLE SAT&T NEXTSLICON Comulate MOT
Regus wework riskified manus manus manus manus CHECKMI
SimilarWeb שומרס BARAN GROUP GROUP בנק הפועלים
skai VERINT Possens > > earnix fatter 2/6/20

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

INVESTMENT PROPERTIES

Capital Market Presentation Q1/2025 ALONY HETZ GROUP

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

INVESTMENT PROPERTIES

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

SEGMENTATION OF INVESTMENT PROPERTIES SEGMENTATION OF PROPERTIES VALUE BY USES

17,317

Total Investment Properties Value in Million NIS

LOGISTICS &
INDUSTRY RETAIL SUPERMARKETS
29% 16% 5%
5.0
BILLION (NIS)
2.8
BILLION (NIS)
0.9
BILLION (NIS)

8 MAY 2025 Capital Market Presentation

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

INVESTMENT PROPERTIES

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

SEGMENTATION OF INVESTMENT PROPERTIES SEGMENTATION OF PROPERTIES VALUE BY USES

1,160,193

Built area in square meters

thousand SQM

45% 523 LOGISTICS & INDUSTRY

131

12% RETAIL

thousand SQM

thousand SQM

3% 38 SUPERMARKETS 9 MAY 2025 Capital Market Presentation Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

INVESTMENT PROPERTIES

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

SEGMENTATION OF INVESTMENT PROPERTIES SEGMENTATION OF PROPERTIES VALUE BY REGIONS

17,317

Total Investment Properties Value in Million NIS

25% 40%

5.9 BILLION (NIS)

35% 35% TEL AVIV METROPOLIS

6.9 BILLION (NIS)

40% GUSH DAN VICINITY

4.4 BILLION (NIS)

25% OTHER AREAS

75%

Capital Market Presentation Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

INVESTMENT PROPERTIES

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

BREAKDOWN OF OCCUPANCY RATE

OCCUPANCY RATE BREAKDOWN – INCOME-PRODUCING PROPERTIES

93.2%

Excluding a property that was realized after the balance sheet date

Excluding a property that was realized after the balance sheet date and a property classified as investment property

84.4% OFFICES

85.7%

99% LOGISTICS & INDUSTRY

97% RETAIL

100% SUPERMARKETS

93.7%

Excluding a property that was realized after the balance sheet date and a property classified as investment property

Capital Market Presentation Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

INVESTMENT PROPERTIES

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

ESG

The company invests significant resources in promoting sustainability, social responsibility, and environmental stewardship, contributing to the well-being of its employees, customers, the general public, and the environment in which we live. In addition, the company is committed to upholding values of transparency, good corporate governance, gender diversity, and the protection of employee rights, which serve as key pillars of its operations.

The company has been publishing ESG reports since the 2021 fiscal year. In June 2024, it published its ESG report covering activities for the years 2022–2023. The company also intends to regularly update this information and publish updated ESG reports periodically, in line with its commitment to these areas and its dedication to transparency toward its stakeholders.

GREEN BUILDING ZERO ENERGY CONSTRUCTION INCREASING ENERGY EFFICIENCY SAFEGUARDING THE ENVIRONMENT SOCIAL RESPONSIBILITY PROMOTION OF ELECTRIC TRANSPORTATION INFRASTRUCTURE CONTRIBUTING TO THE COMMUNITY

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

INVESTMENT PROPERTIES

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

ESG INVESTMENT PROPERTIES

Campus Holon ToHa Amot Atrium

Amot Giv'atayim Amot Europe Amot Modi'in

EXAMPLE OF LEED PLATINUM AND LEED GOLD RATED PROPERTIES

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

INVESTMENT PROPERTIES

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

ESG UNDER CONSTRUCTION PROPERTIES

Ha'Lehi Complex Bnei Brak City Gate K Complex ToHa 2

EXAMPLE OF LEED PLATINUM RATED PROPERTIES

FORECAST

14 MAY 2025

Capital Market Presentation Q1/2025 ALONY HETZ GROUP

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

FORECAST 2025

1-3.25
ACTUAL
2025
FORECAST
2024
ACTUAL
NOI (Million MIS) 264 1,040-1,080 1,043
FFO according to management
approach (Million MIS)
202 800-830 823
FFO Per Share according to
management approach (Agorot)
42.9 170-176 175

Set forth below is the Company's projection as to its principal operating results in 2025, based on the following work assumptions:

Consumer price index - Increase in CPI by 3%.

The rental agreements are signed and Company's management expectations as to renewal of current rental agreements in 2025.

According to the company's strategy, 2025 NOI includes the realization of investment properties in the annual scope of 2%-3% out of the value of the investment properties assets of the company, as part of the process of refining the asset portfolio through the sale of non-core assets.

No substantial changes will take place in the security situation in Israel and in the business environment that the Company operates in. See the business environment chapter in the company's directorate report

The information regarding the projection for 2025 constitutes forward-looking information, as defined in Section 32a of the Securities Law, 1968. Forward-looking information is a projection, assessment, estimate or other information relating to a future event or matter the materialization of which is uncertain and not controlled solely by the Company.

FINANCIAL PERFORMANCE

16 MAY 2025

Capital Market Presentation Q1/2025 ALONY HETZ GROUP

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

NOI ANNUAL

2020 and 2021 figures include effects due to covid-19 relief which have been given to tenants, mainly in the shopping centers.

The forecast for 2025 is according to the middle of the forecast rang, see page 15

  1. The future NOI does not include projects in planning, development and licensing and does not include future changes as a result of index differences, contract renewals, future evictions and/or asset realization

occupying vacant spaces and occupying projects under construction The completion date of the last of them is expected by the end of 2028.(1)

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

The forecast for 2025 is according to the middle of the forecast rang, see page 15

FFO ANNUAL ACCORDING TO THE MANAGEMENT APPROACH

2020 and 2021 figures include effects due to covid-19 relief which have been given to tenants, mainly in the shopping centers.

The aforementioned index is the FFO index according to the approach of the company's management, and it constitutes the FFO for the purposes of calculation in accordance with the company's trust deed

FFO according to the management approach FFO according to the SEC approach

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP GROWTH

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

FFO ANNUAL ACCORDING TO THE MANAGEMENT APPROACH PER SHARE

The forecast for 2025 is according to the middle of the forecast rang, see page 15

2020 and 2021 figures include effects due to covid-19 relief which have been given to tenants, mainly in the shopping centers.

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

EQUITY AND DIVIDEND TO SHAREHOLDERS IN MILLION NIS

217 333 380 407 460 381 574 625 612 617 127
-- ----- ----- ----- ----- ----- ----- -- ----- ----- -- ----- ----- -----

DIVIDEND DISTRIBUTION - TOTAL DIVIDEND DISTRIBUTED IN LAST DECADE IS ABOUT NIS 4.7 BILLION

FINANCIAL STRENGTH

Capital Market Presentation

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

Capital Market Presentation

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP FINANCIAL STRENGTH

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

DEBT STRUCTURE EXPANDED CONSOLIDATED

150 MILLION (NIS)

Amount of cash and cash equivalents as of the report publication date.

985 MILLION (NIS)

Unused Credit facilities

Average duration of debt.

1.9%

Effective interest rate linked, excluding utilization of short-term credit

The Company's bonds rating

98%

Of the Company's assets are unsecured

Net financial debt (in NIS)

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

FINANCIAL STRENGTH

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

THE SPREAD OF REPAYMENTS AND EFFECTIVE INTEREST RATE LINKED OVER THE YEARS

IN MILLIONS OF NIS – EXCLUDING THE SPLIT OF CREDIT LINES FOR WORKING CAPITAL

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

FINANCIAL STRENGTH

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

THE SPREAD OF REPAYMENTS AND EFFECTIVE INTEREST RATE OVER THE YEARS

Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Mar 2025

25

AMOT DEVELOPMENTS

MAY 2025 Capital Market Presentation Q1/2025 ALONY HETZ GROUP

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

GROWTH ENGINES

AMOT PROPERTIES INITIATION AND DEVELOPMENT

The strategic initiation and development plans of Amot Investments properties are one of the main engines for the Company's continued growth and leadership in the cash-generating real estate market.

The betterment of the Company's properties portfolios and the creation of innovative employment compounds that will allow an advanced work environment that meets the needs of the companies of tomorrow:

The projects are planned carefully in accordance with the Company's strategy, with the aim of maximizing profitability and preserving long-term occupancy levels and positioning the Company's assets as higher quality in the long term.

Architectural quality, utilization of engineering advantages

03.

Transportation accessibility near existing and planned mass transit centers

02.

Unique locations and an emphasis on the Tel Aviv business center

01.

Optimal utilization of land uses for the implementation of the Company's strategy

06.

Construction in accordance with LEED standards for maximum protection of user health and the environment

05.

Quality positioning

04.

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

PROJECTS UNDER CONSTRUCTION

AS OF MARCH 31, 2025

Property Name LOCATION PRIMARY USE ESTIMATED
COMPLETION
DATE
SQUARE METER FOR
MARKETING ABOVE
GROUND 100%
HOLDING
RATE
SQUARE METER FOR
MARKETING ABOVE
GROUND
CUMULATIVE COST PROJECT'S BOOK
VALUE
ESTIMATED CONSTRUCTION
COST (INCLUDING LAND AND
PARKING SPACES)
EXPECTED
NOI
EXPECTED
YIELD
Company's share in million of NIS
Halehi complex (‎1) Bnei Brak Offices 2025 100,000 50% 50,000 622 622 800-830 57-61 7.3%
K complex Jerusalem Jerusalem Offices 2028 93,000 50% 46,500 154 154 750-800 49-53 6.6%
Logistic center Beit
Shemesh - Lower
Logistics Center
Beit Shemesh Logistics 2025 25,400 60% 15,240 97 97 104-106 7 6.7%
Park Afek Rosh HaAyin Offices 2025 8,400 50% 4,200 34 34 35-45 3 7.5%
ToHa2 Tel Aviv Offices 2026 156,000 50% 78,000 787 1,201 1,600-1,700 150-165 9.5%
Total 382,800 193,940 1,694 2,108 3,289-3,481 266-289 8.2%
  1. As of publication date the commercial floors in the "halehi Complex" were delivered to renters for purpose of adjustment works, and several stores were opened to the public. The company has signed contracts in the amount of approximately 13,000 square meters (the company's share is 50%), which are expected to yield annual rents of approximately NIS 21 million (the company's share is 50%).

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

-

    1. The information contained in this Section regarding future NOI is forward-looking information. The information is based on existing data known to the Company at the date this report is published and on the Company's assessments. This information may change due to risk factors affecting the Company's activities, as specified in Part A of the periodic report and other such data that are outside the Company's control - and therefore, there is no guarantee that this NOI will indeed occur.

construction The

completion date of the

last of them is expected

by the end of 2028 (1)

capitalization rate

Capital Market Presentation

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

City
TEL AVIV
Main Use
OFFICES
GLA - 100%
156,000
SQM
Amot's Share
50%
Construction Cost

3.3 BILLION (NIS)

Expected yield

9.5%

Expected Completion Q4/2026

Expected NOI 320 MILLION (NIS)

Occupancy date/ Income producing date Q2/2027

Capital Market Presentation

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP AMOT INVESTMENTS

GOOGLE TENANCY

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

Upper Rental Area

Rental fees per year (shell and core)

Anticipated commencement

The data above is 100% (Company's Share 50%) The visualization is for illustration only

ToHaTwo BIG STEP FOR AMOT HUGE STEP FOR ISRAEL

The renter

Capital Market Presentation

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

City
BNEY BRAK

GLA - 100% 100,000 SQM

Construction Cost 1.6 BILLION (NIS)

Expected yield 7.3% Main Use OFFICES

Amot's Share

50%

Expected Completion 2025 OFFICES

Expected NOI 118 MILLION (NIS)

Capital Market Presentation

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

LOGISTICS CENTER BEIT SHEMESH

LOWER LOGISTICS CENTER

City
BEIT SHEMESH

GLA - 100% 25,400 SQM

Construction Cost 175 MILLION (NIS)

Expected yield 6.7% Main Use LOGISTICS

Amot's Share

60%

Expected Completion 2025

Expected NOI 11.7 MILLION (NIS)

Capital Market Presentation Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

JERUSALEM

GLA - 100% 93,000 SQM

Construction Cost 1.55 BILLION (NIS)

Expected yield 6.6%

City K COMPLEX JERUSALEM

Main Use OFFICES

Amot's Share

50%

Expected Completion 2028

Expected NOI 102 MILLION (NIS)

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

GROWTH ENGINES

PROJECTS IN PLANING AND LICENSING PROCESSES -THIS INFORMATION IS SUBJECT TO THE COMPLETION OF ADDITIONAL RIGHTS IN THE PROJECT LISTED BELOW:

PROJECT LOCATION MAIN USE AMOT'S SHARE ADDITIONAL SQUARE METER FOR
MARKETING -COMPANY'S SHARE
PROJECT'S BOOK VALUE
Building rights Tzrifin (1) Tzrifin Logistics 100% 200,000 250
Hasolelim (‎2) Tel Aviv Offices 100% 80,000 210
ToHa 3 / ToHa 4 (2) Tel Aviv Offices 50% 100,000 192
Lot 300 Tel Aviv Offices/Living 50% 63 Residential units 176
Others projects (see below main projects) 435
Total projects in development and others 1,263
Total 3,508
Detail of main projects under other projects
Amot Mishapt (Town Construction plan in effect) Tel Aviv Offices 73% 20,000
Amot Mishapt (Town Construction plan in effect) Tel Aviv Living 73% 115 Residential units
Amot BDO Tel Aviv Offices 86% 60,200
Migdal HaMe'a - Ibn Gvirol Tel Aviv Offices 46% 27,600
Amot Europe Tel Aviv Offices 100% 32,000
Azor Land Azor Living 100% 190 Residential units

The information contained above in this section regarding the estimated completion of projects under construction is forward-looking information. This information is based on existing data known to the Company on the date this report is published and on the Company's estimates. This information may change, even substantially, as a result of factors related to environmental requirements, changes in urban building schemes subject to approval by planning and construction authorities, obtaining agreements from the owners of bordering properties that are not guaranteed to be obtained, and risk factors affecting the Company's operations as specified in Chapter A of the Periodic Report, and other such data that are out of the Company's control, and therefore, there is no guarantee that these projects will be carried out.

1.Subject to the completion of the purchase of additional building rights. The value of the project is NIS 250 million, including future stages. 2.Subject to completion of additional rights

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

COMPLEX ToHa

CONCEPTUAL SKETCH FOR TOHA3 TOWER

Capital Market Presentation Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP

AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

LOGISTICS PARK TZRIFIN

City TZRIFIN - SDOT DAN

GLA - 100% 274,000 SQM Main Use

LOGISTICS

Amot's Share

100%

SQM for marketing - Complex A

80,000 SQM

This information is subject to the completion of additional building rights in the project

Additional future areas for Construction

120,000 SQM

Capital Market Presentation

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

City TEL AVIV

Lot area 5,103 SQM

Status APPROVED TOWN PLAN Main Use OFFICES

Amot's Share

73%

Additional offices area for marketing

20,000 SQM

This information is subject to the completion of additional building rights in the project

Existing tower area – preservation

12,000 SQM

Additional residential area for marketing

115 UNITS

Capital Market Presentation

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP AMOT DEVELOPMENTS

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

AMOT MISHPAT

40

FINANCIAL DATA

MAY 2025 Capital Market Presentation

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP FINANCIAL DATA

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

AMOT BALANCE SHEET DATA EXPANDED CONSOLIDATED

31.03.25
MILLION NIS
31.12.24
MILLION NIS
Cash and cash equivalents and short term deposits 124 303
Investment property and investment property
under construction
20,824 20,611
Financial liabilities 9,611 9,494
Deferred taxes 1,984 1,955
Total equity 9,091 9,165
EPRA NRV 11,075 11,120

Amot Investments Ltd. is one of the leading public companies

AMOT PROFIT AND LOST SHEET DATA

EXPANDED CONSOLIDATED - IN MILLIONS NIS

% CHANGE 1-3.25 1-3.24
NOI 4% 264 255
Adjustment of the fair value- investment property
and capital gain from realization
17 23
Transaction cost reduction due to properties purchase (4) (19)
General and administrative expenses and donation (18) (17)
Financing – real interest (35) (30)
Financing – linkage differences (25) (24)
Taxes (40) (39)
Net income 7% 159 149
FFO - According to the SEC (1%) 175 176
FFO - Management's approach - 202 202

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

INCOME DATA EXPANDED CONSOLIDATED

NOI Q1-2025 Q4-2024 Q3-2024 Q2-2024 Q1-2024 % CHANGE Q1-25 VS
Q1-24
NIS thousands
Same property NOI 261,765 262,477 261,119 256,283 254,678 2.8%
Properties acquired / Sorted from
investment property under construction
2,563 2,247 2,135 2,153 281
Properties realized - - 4 71 157
NOI 264,328 264,724 263,258 258,507 255,116 3.6%

NOI in Q1 2025 totaled at about ILS 264 million, compared to about ILS 255 million in the corresponding quarter last year – constituting growth of 3.6%.

Capital Market Presentation

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

FFO DATA EXPANDED CONSOLIDATED

FFO 1-3.25 1-3.24 % CHANGE Q1.25 VS Q1.24
NIS thousands
FFO according to the SEC 174,949 175,583 -
FFO according to the management approach 202,327 201,768 -
Weighted number of shares 471,532 470,700 -
FFO per share according to the management approach (agorot) 42.9 42.9 -
Increase in CPI 0.29% 0.29%

45

CONCLUSION

MAY 2025 Capital Market Presentation Q1/2025 ALONY HETZ GROUP

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

DIVIDEND DISTRIBUTION OVER THE YEARS PER SHARE

  • Dividend per share regular
  • Dividend per share additional

Q1/2025 AMOT INVESTMENTS FROM ALONY HETZ GROUP CONCLUSION

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

DIVIDEND DISTRIBUTION OVER THE YEARS

Dividend - regular

Dividend - additional

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

45%

OUR STRENGTHS 112

Effective leverage ratio.

Properties owned by the company in various uses, with a high occupancy rate of 93.2% (excluding a property that was realized after the balance sheet date. 93.7% excluding a property that was realized and a property classified as investment property)

985 BILION (NIS)

Unutilized credit facilities.

Managerial ability and the ability to improve assets.

Financial strength and availability for large-scale acquisition transactions.

A dividend policy that is stable and known in advance.

Strong tenant mix and wide geographic distribution, managed in a responsible manner.

High financial strength (rated AA by Maalot and Midroog).

Financial flexibility and high accessibility to the capital market.

All of the Company's assets are unsecured except for assets valued at 2% of ownership.

Promoting projects with reference to the potential for improvement.

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate. STRONG TOGETHER.

significantly different than expected. Such information includes, inter alia, income forecasts, FFO and NOI, and timetables.

The presentation does not constitute an offer or an invitation to purchase the Company's securities, and its contents do not constitute a recommendation or opinion or a substitute for the investor's discretion. This presentation includes forecasts, valuations, estimates, and other information relating to future events and/or matters, the realization of which is not certain and is not under the Company's control, and is forward-looking information, as defined in the Securities Law, 1968. Such information may not be realized, in whole or in part, or may be realized in a manner Forward-looking information is based solely on the subjective evaluation of the Company, based on facts and data regarding the current state of the Company's business and macroeconomic facts and data, all as known to the Company at the time of preparing this presentation. The realization or non-realization of the forward-looking information will be affected, inter alia, by factors that cannot be assessed in advance and which are not under the Company's control. The Company does not undertake to update and/or change any such forecast and/or assessment in order to reflect events and/or circumstances that may occur after the date of preparation of this presentation.

DISCLAIMER

Capital Market Presentation Q1/2025 ALONY HETZ GROUP

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

Amot Atrium Tower, 2 Jabotinsky Street, Ramat Gan, 5250501 PHONE +972 3 5760505; FAX +972 3 5760506 WWW.AMOT.CO.IL

Q1/2025

Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

ALONY HETZ GROUP AMOT INVESTMENTS CAPITAL MARKET PRESENTATION

MAY 2025 Capital Market Presentation Q1/2025

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