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Amot Investments Ltd.

Investor Presentation Feb 11, 2025

6641_rns_2025-02-11_9a1b976b-978b-41b0-8954-155ebe186db3.pdf

Investor Presentation

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Q4/2024 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

The renter

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

ABOUT AMOT

3 FEBRUARY 2025 Capital Market Presentation Q4/2024 ALONY HETZ GROUP

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

112 PROPERTIES

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 1.0 BILLION

NOI for 2024 (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

92.3%

Occupancy rate as of 31.12.2024

20.6 BILLION

Total real-estate value (in NIS)

Assets value in greater Tel Aviv

1.9%

Weighted cost of linked debt

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

9.2 BILLION

Net financial debt (in NIS)

44%

Leverage ratio

Equity (in NIS)

The Company's bonds rating

5.1 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 2024, a dividend of NIS 613 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

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

CONTRACTS 1–12.24 RENT PER SQUARE METER AT FINISHING LEVEL

% CHANGE IN RENT PER SQM ACCORDING TO PRICES OF AGREEMENTS IN PRACTICE (AT FINISHING LEVEL, WITHOUT NEUTRALIZATIONS)

Q4/2024 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 LOCAL AND INTERNATIONAL COMPANIES

GOOGle SAT&T NEXTSLICON Q Palantir Comulate MO
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Amot Investments Ltd. is one of the leading public companies in Israel in the field The yielding real estate.

INVESTMENT PROPERTIES

8 FEBRUARY 2025 Capital Market Presentation Q4/2024 ALONY HETZ GROUP

Q4/2024 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 INVESTMENTS PROPERTIES SEGMENTATION OF PROPERTIES VALUE BY USES

17,295

Total Investments Properties Value in Million NIS

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

Capital Market Presentation

Q4/2024 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 INVESTMENTS PROPERTIES SEGMENTATION OF PROPERTIES VALUE BY USES

1,160,192

Built area in square meters

thousand SQM

45% 523 LOGISTICS & INDUSTRY

131

12% RETAIL

thousand SQM

thousand SQM

3% 38 SUPERMARKETS 11 FEBRUARY 2025 Capital Market Presentation Q4/2024 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 INVESTMENTS PROPERTIES SEGMENTATION OF PROPERTIES VALUE BY REGIONS

17,234

Total Investments Properties Value in Million NIS

25% 40%

35% 35% TEL AVIV METROPOLIS

6.9 BILLION (NIS)

40% GUSH DAN VICINITY

4.4 BILLION (NIS)

25% OTHER AREAS

75%

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.

Occupancy rate 31.12.2024
96.5%
NOI 2024 Adjusted yield rate
106
MILLION (NIS)
5.75%
City Main Use
TEL AVIV OFFICES
GLA - 100% Amot's Share
57,000
SQM
50%

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.

LOGISTICS PARK TZRIFIN

AMOT INVESTMENTS FROM ALONY HETZ GROUP INVESTMENT PROPERTIES

Fair value 31.12.2024 1.8 BILLION (NIS) 100%

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

Occupancy rate 31.12.2024

Adjusted yield rate

6.0%

NOI 2024 110 MILLION (NIS)

City RAMAT GAN

GLA - 100% 54,647 SQM NOT INCLUDING THE COMPANY OFFICE FLOOR

Main Use OFFICES

Amot's Share 100%

AMOT ATRIUM

Fair value 31.12.2024 1.1 BILLION (NIS)

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.

91.1%

Adjusted yield rate 6.5%

NOI 2024

74 MILLION (NIS)

City KIRYAT ONO

GLA - 100% 41,505 SQM Main Use

Amot's Share 100%

Capital Market Presentation

Q4/2024 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 a significant of resources in social and environmental issues pertaining to its areas of operation while promoting sustainability, social and environmental aspects that contribute to the Company and its employees, to the Company's customers, to the general public and to the environment in which we live. Additionally, the Company champions maintaining the values of transparency and proper corporate governance, gender diversity and protecting the rights of its employees as one of its pillars.

The Company published ESG data reported starting from the 2021 operating year. In June 2024 the Company published the ESG report for activity for 2022-2023. In addition, the Company plans to update the information and publish updated ESG reports, on a periodic basis, in accordance with its commitments in these areas and its commitment to transparency with its stakeholders.

INCREASING ENERGY EFFICIENCY

111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111

SOCIAL RESPONSIBILITY

Q4/2024 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 INVESTMENTS PROPERTIES

Campus Holon ToHa Amot Atrium

Amot Giv'atayim Amot Europe Amot Modi'in

Q4/2024 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.

UNDER CONSTRUCTION PROPERTIES ESG

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

FORECAST

Capital Market Presentation Q4/2024 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

2025
FORECAST
2024
ACTUAL
FY 2024
FORECAST
NOI (Million MIS) 1,040-1,080 1,043 1,020-1,040
Real FFO (Million MIS) 800-830 823 800-820
FFO Per Share (Agorot) 170-176 174.6 170-174

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 2024 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.

GROWTH

Capital Market Presentation Q4/2024 ALONY HETZ GROUP

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

Capital Market Presentation

Q4/2024 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.

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 20

  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

Represent NOI after 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 20

AFFO 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 real FFO for the purposes of calculation in accordance with the company's trust deed

FFO SEC APPROACH AFFO

Q4/2024 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.

AFFO ANNUAL ACCORDING TO THE MANAGEMENT APPROACH

PER SHARE

The forecast for 2025 is according to the middle of the forecast rang, see page 20

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

177 217 333 380 407 460 381 574 625 612

ANNUAL DIVIDEND DISTRIBUTION - TOTAL DIVIDEND DISTRIBUTED IN LAST DECADE IS ABOUT NIS 4.2 BILLION

FINANCIAL STRENGTH

Capital Market Presentation Q4/2024 ALONY HETZ GROUP

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

Capital Market Presentation

Q4/2024 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

200 MILLION (NIS)

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

1,050 MILLION (NIS)

Unused Credit facilities

5.1 YEARS

Average duration of debt.

1.9%

Effective interest rate linked

The Company's bonds rating

98%

Of the Company's assets are unsecured

9.2 BILLION

Net financial debt (in NIS)

Q4/2024 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

Q4/2024 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

30

AMOT DEVELOPMENTS

FEBRUARY 2025

Capital Market Presentation Q4/2024 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.

Q4/2024 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 DECEMBER 31, 2024

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% 50,000 604 604 750-780 57-61 7.7%
K complex Jerusalem Jerusalem Offices 2028 93,000 50% 46,500 152 152 750-800 49-53 6.6%
Logistic center Beit
Shemesh - Lower
Logistics Center
Beit Shemesh Logistics 2025 25,400 60% 15,240 91 91 104-106 7 6.7%
Park Afek Rosh HaAyin Offices 2025 8,400 50% 4,200 28 28 35-45 3 7.5%
ToHa2 Tel Aviv Offices 2026 156,000 50% 78,000 705 1,102 1,600-1,700 150-165 9.5%
Total 382,800 193,940 1,580 1,977 3,239-3,431 266-289 8.3%
  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 8,500 square meters (the company's share is 50%), which are expected to yield annual rents of approximately NIS 14 million (the company's share is 50%).

Capital Market Presentation Q4/2024 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.

FUTURE POTENTIAL FOR INCREASING THE NOI IN MILLION OF NIS

    1. NOI after occupation of projects under construction does not include occupation of projects in Initiation and development planning.
    1. NOI after occupation of projects under construction does not take into account future increases as a result of CPI increases and contract renewals, and does not take tenants vacating in the future into account
    1. NOI after occupation of projects under construction is based on the Company's current assessment. Results in practice may be significantly different.
    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.

Annual NOI

based on

quarter 4

2024

1,400 1,122 1,072 +50 +278

Representative NOI after occupying vacant areas and occupying new areas

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

34 FEBRUARY 2025 Capital Market Presentation Q4/2024 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.

Construction Cost 3.3 BILLION (NIS)

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

Expected yield

9.5 %

Expected Completion Q4/2026

Expected NOI 320 MILLION (NIS)

Occupancy date/ Income producing date Q2/2027

Q4/2024 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.

Capital Market Presentation Q4/2024 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 1.5 BILLION (NIS)

Expected yield 7.7% Main Use OFFICES

Amot's Share

50%

Expected Completion 2025 OFFICES

Expected NOI 118 MILLION (NIS)

37 FEBRUARY 2025 Capital Market Presentation Q4/2024 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)

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% 100,000 174
Lot 300 Tel Aviv Offices/Living 50% 47 Residential units 134
Others projects (see below main projects) 434
Total projects in development and others 1,202
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

40 FEBRUARY 2025

Capital Market Presentation

Q4/2024 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

41 FEBRUARY 2025 Capital Market Presentation Q4/2024 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

Q4/2024 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 (100%)

21,000 SQM

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

Existing tower area – preservation (100%)

12,000 SQM

Additional residential area for marketing (100%)

115 UNITS

Capital Market Presentation Q4/2024 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

44

FINANCIAL DATA

FEBRUARY 2025

Capital Market Presentation Q4/2024 ALONY HETZ GROUP

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

Q4/2024 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

2024
MILLION NIS
2023
MILLION NIS
Cash and cash equivalents and short term deposits 303 534
Investment property and investment property
under construction
20,661 19,488
Financial liabilities 9,494 9,251
Deferred taxes 1,955 1,812
Total equity 9,165 8,838
EPRA NRV 11,120 10,650

Amot Investments Ltd. is one of the leading public companies

AMOT PROFIT AND LOST SHEET DATA

EXPANDED CONSOLIDATED - IN MILLIONS NIS

% CHANGE 2024 2023
NOI 4% 1,043 1,004
Adjustment of the fair value- investment property
and capital gain from realization
570 255
Transaction cost reduction due to properties purchase (23) (3)
General and administrative expenses and donation (73) (69)
Financing – real interest (129) (117)
Financing – linkage differences (286) (273)
Taxes (183) (115)
Net income 35% 919 683
FFO - According to the SEC 1% 529 523
FFO - Management's approach 2% 823 803

Capital Market Presentation

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 Q4-2024 Q3-2024 Q2-2024 Q1-2024 Q4-2023 % CHANGE Q4-24 VS
Q4-23
NIS thousands
Same property NOI 262,477 261,119 255,476 254,332 247,198 6%
Properties acquired / Sorted from
investment property under construction
2,557 2,933 2,960 627 -
Properties realized - 4 71 157 2,478
NOI 265,034 264,056 258,507 255,116 249,676 6%

NOI in Q4 2024 totaled at about ILS 265 million, compared to about ILS 250 million in the corresponding quarter last year – constituting growth of 6%. Said increase is after the effects of a one-time expenditure and the effects of reliefs due to the "Swords of Iron" war, which led to a loss of income at a total of approx. ILS 6 million in Q4 2023.

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 2024 2023 % CHANGE Q4.24 VS Q4.23
NIS thousands
FFO according to the SEC 528,989 523,197 1%
FFO (According to the management's approach) 823,185 802,512 3%
Weighted number of shares 471,303 470,076 0%
AFFO per share (agorot) (According to the management's approach) 174.6 170.7 2%
Increase in CPI 3.4% 3.3%

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

49

CONCLUSION

FEBRUARY 2025

Capital Market Presentation Q4/2024 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

Q4/2024 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

Q4/2024 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.

OUR STRENGTHS

44%

Effective leverage ratio.

112

income producing properties with a variety of uses and high occupancy at 92.3%.

1,050 BILION (NIS)

Unutilized credit facilities.

Managerial ability and the ability to improve assets.

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 strength and availability for
large-scale acquisition transactions.
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 Q4/2024 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

Q4/2024

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

FEBRUARY 2025 Capital Market Presentation Q4/2024

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