Amram Avraham Construction Company Ltd.

Major Shareholding Notification • Dec 31, 2025

Amram Avraham Construction Company Ltd.

Registry Number: 513201582

To: Israel Securities Authority

To: Tel Aviv Stock Exchange Ltd.

Form T087 (Public)

Broadcast through MAGNA: 31/12/2025

Reference: 2025-01-105706

Register of Capital, Granting of Rights to Purchase Shares, and Registers of the Company's Securities and Their Changes

Regulation 31E to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 32 to the Securities Regulations (Periodic and Immediate Reports), 1970

		Nature of the change:
--	--	-----------------------

_________, _________, _________.

Partial redemption of BONDS (Series 2)

Explanation: Briefly describe the nature of the change

Reference numbers of previous reports in this matter:

1. The Company's Securities Register After the Change:

Name and Type of Security	Security Number on the Exchange	Quantity in Registered Capital	Issued and Paid Capital	Quantity Recorded for Registering Company
Ordinary shares	1188200	15,000,000,000	Last report: 78,804,500 Current: 78,804,500	78,804,500
BONDS (Series 1)	1188044	0	Last report: 169,040,454 Current: 169,040,454	169,040,454
BONDS (Series 2)	1202555	0	Last report: 104,796,400 Current: 88,249,600	88,249,600
Warrants (non traded)	1206630	0	Last report: 900,000 Current: 900,000	0
BONDS (Series 3)	1215862	0	Last report: 310,000,000 Current: 310,000,000	310,000,000

Explanation: Please detail all of the company's securities, including non-traded securities.

2. The corporation notifies that:

On the date: 31/12/2025

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.

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

Description of the nature of the change: Partial redemption of BONDS (Series 2) in accordance with the repayment schedule.

Explanation: Detail the transaction or action resulting in the securities change.

2.1 Details of the registry holder for whom the change occurred:

Name: The Tel Aviv Stock Exchange Ltd.'s Registration Company

ID number type: Registration number in the Israeli Registrar of Companies

ID number: 515736817

Nature of the change: Redemption

Date of change: 31/12/2025 Executed via Tel Aviv Stock Exchange Clearinghouse: Yes

Type and name of security affected:

BONDS (Series 2)

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.
Security number on the Exchange: 1202555
Holder's balance on last report: 104,796,400
Holder's balance after change: 88,249,600
Total securities decreased: 16,546,800
Is this a grant of rights to purchase shares: No
Total consideration for securities allocated:
Security number for share issuable by exercising the security:
Number of shares arising from full exercise/conversion:
Total additional proceeds from exercise/conversion:
Period in which the security can be exercised:
From: To:
Securities allocated will be registered for trading:
Allocation is pursuant to: published on: reference number:
Security has been paid in full and consideration received in full: not checked
Security has been paid in full but consideration not received in full: not checked
Issued for ATM program: not checked
Other (checked):
Partial redemption of BONDS (Series 2)

Explanations:

• 1. If the change affects more than one security, specify the impact for each security separately.
• 1. Date of change all changes of the same type, in the same security, done in one day, are summed in one line. In this context separate changes via the TASE Clearinghouse from those made directly in the company's books.
• 1. For reductions, precede the quantity with a minus sign ("-").
• 1. In all quantity fields, enter the number of securities and not NIS par value.

Changes only in the registry (no change in quantity):

N/A (no such changes in this report)

3. Key Registry of Shareholders as at the reporting date:

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.

No.	Name of Registered Shareholder	ID Number Type	ID Number	Security Number	Type and Value of Shares	Quantity of Shares	Acts as Trustee
1	The Tel Aviv Stock Exchange Ltd. 's Registration Company	Registration number in Israel	515736817	1188200	Ordinary shares without par value	78,804,500	No

4. Attached is a file of the share register in accordance with Section 130 of the Companies Law, 1999.

Amram_Avraham_Share_Register_31_12_2025_isa.pdf

Alt text: PDF file containing Amram Avraham's share register as of 31/12/2025.

5. Attached is an updated file of the company's security registers, including the register of warrant holders and register of bondholders.

Amram_Avraham_Security_Registers_31_12_2025_isa.pdf

Alt text: PDF file containing Amram Avraham's full security registers as of 31/12/2025, including warrants and bonds registers.

Details of Authorized Signatories for the Corporation:

No.	Name	Role
1	Alon Amram	Chairman of Board
2	Noam Graif	CEO

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.

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation.

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Previous document references (the mention does not constitute incorporation by reference):

Securities of the corporation are registered for trading on the Tel Aviv Stock Exchange

Form structure last updated: 06/08/2024

Short company name: Amram

Address: 22 HaMasger St., Hadera, Zip Code: 381200 Tel.: 04-6222444, Fax: 04-6222544

Email: office@amramltd.co.il Company website: www.amramltd.co.il

Previous names of the reporting entity: (none listed)

Electronic reporter's name: Aricha Elishama Ephraim Position: Treasurer and CFO

Company address: 22 HaMasger St., Hadera, 3812001 Phone: 04-6222444, Fax: 04-6222544 Email: elishama@Amramltd.co.il