ARGO Properties N.V. — Capital/Financing Update 2025

Oct 28, 2025

ARGO PROPERTIES N.V

Report Number: 70252750

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

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

Form number: T020 (Public)

Broadcast on MAGNA: 28/10/2025 Reference: 2025-01-080734

Notice of the Offeror on the Results of the Offering in the Prospectus

According to Section 30 of the Securities Law, 1968 and the Securities Regulations (Results Notification on Prospectus Offering), 1969 Regulation 30g to the Periodic and Immediate Reports Regulations, 1970

• ☑ Results of the Institutional Tender (early commitments given under the prospectus, without offering the securities in the prospectus).
• ☐ Results of the prospectus offering.
• ☐ Cancellation of the public offer.

Note: In ^a report on the results of an offer in ^a prospectus, early commitments given prior to the publication of the prospectus should also be included.

The prospectus is a shelf prospectus of a reporting corporation

1. The results of the offering in the prospectus whose reference number for its publication is (T012) 2024-01-049141 are as follows:

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.

• The permit for its publication was given on: 20/05/2024
• The period for submitting orders ended on (in the case of an ATM program, the program's conclusion date): __________
• Was the offering performed via a shelf offering report or supplemental notice: No
• Reference number for shelf offering report (T022) / Supplemental notice (T024): __________

Attached are the results of the institutional tender as given in the prospectus:

Argo_Immediate_Report_Tender_Results_Classified_Oct_25_for_isa.pdf (This is the attached file)

Prospectus Number: 47380 Note: To be used internally by the Authority.

2. a. Total securities offered under the prospectus:

Security Type	TASE Number	Security Name	Total Quantity	Price*	Interest Rate	Discount Rate	Weighted Discount
Bonds	00000000	Argo Bond 1	200,000,000	1.035	2%	0

^*Price per 1 security

b. Completion of details for index certificates offered in the prospectus:

Canceled	TASE Number	Series Serial No.	Name	TASE Security Type	Trustee Name	Trading Listing Date

Note: The maximum number of records fillable in the table is 35. For more, split the report.

Explanation: If the series is cancelled, mark "Cancelled".

Explanation: In the "Series Serial Number" field, enter up to 3 letters or digits describing the serial number in the series (other signs such as quotation marks may also be used).

3. Total securities by type and by type of bidders whose offers were accepted:

Securities for which cash consideration is received:

Issue Type	Security Type, Number & Name	Tender No.	Bidder Type	Total Qty	Price*	Future Exercise Price	Total Consideration	Par Value
Public offer (cash)	Bonds, 00000000, Argo Bond 1		Institutional	200,000,000	1.035		207,000,000	200,000,000

^*Price per 1 security

In case of listing for trading (including IPO listing) / release from lock-up / exchange offer / merger / dividend in kind:

Issue	Security Type,	Total	Avg. Closing Price* /	Future Exercise	Total	Par	Execution	Offered
Type	Number & Name	Qty	Trading day value	Price	Consideration	Value	Date**	Securities

Notes:

• *Average closing price of the same-type security on the first three trading days after listing.
• **For listing/release/dividend in kind: the date is the listing date. For exchange offers: the physical exchange date._
• ***For exchange offers, report the securities received. For unlisted exchanged securities, report those offered._
• The total calculated consideration should be as per Securities Regulations (Prospectus Fee Application), 1995. For calculation table, Click here

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.

If this is an exchange offer:

	Cash consideration received in:

	Cash consideration paid in:

4. Details on underwriters and distributors in the offering:

Participants in the offering:

• ☐ Underwriters
• ☑ Distributors
• ☐ None of the above

#	Name	Position
1	Orien Underwriting Ltd.	Distributor
2	Barak Capital Underwriting Ltd.	Distributor

Authorized signatories for the corporation:

#	Name	Position
1	Gal Tenenbaum	Co-CEO
2	Ofir Rahamim	Co-CEO

Explanation: According to Regulation 5 to the Periodic and Immediate Reports Regulations (1970), ^a report pursuant to these Regulations must be signed by those authorized to sign on behalf of the corporation. Click here for the staff's position.

Regarding sections 2 and 3, it is emphasized that the type of security is a new bond series.

Previous reference numbers related to the subject (mention does not substitute reference):

Additional Info

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.

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

Short name: Argo Properties

Address: pietersbergweg 283, Amsterdam, 1105BM

Tel: 31207920060 | Fax: 0793002104

Email: f.ganea@argo-nv.com

MAGNA Reporter Info

Electronic reporter name: Ganea Fred

Title: Senior Manager

Employer company name:

Address: Hamnufim 10, Herzliya, 4672561 Tel: 054-4676429 | Fax: 079-3002104

Email: f.ganea@argo-nv.com

Form structure last updated on: 06/08/2024