ARGO Properties N.V. — Capital/Financing Update 2026

Apr 27, 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.

Argo Properties N.V.

ARGO PROPERTIES N.V

Registration number: 70252750

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd.

www.tase.co.il

T087 (Public)

Filed via MAGNA: 27/04/2026

Reference:

2026-01-038352

Capital status, granting of rights to purchase shares and the registers of the corporation's securities and the changes therein

Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Nature of the change: Private placement of BONDS (Series 1) to classified investors

Explanation: Briefly describe the nature of the change

Reference numbers of previous reports on the matter: _, _, ____.

1. The corporation's securities position after the change:

Name and type of security	Security no. on the Stock Exchange	Amount in registered capital	Issued and paid-up capital		Amount registered in the name of the Registration Company
			Amount in last report	Current amount
Argo Properties ordinary share	1175371	50,000,000	22,259,223	22,259,223	22,259,223
Argo Prop Deb 1 - convertible BONDS	1230705		200,000,000	310,000,000	310,000,000
Argo Op ESOP2 - share option	1197532		1,380,875	1,380,875	0
Argo Employee ESOP2 - employee option	1200690		528,835	528,835	0
Argo Op ESOP1A - option to others	1200708		636,286	636,286	0

Explanation: Specify all the company's securities, including securities that are not listed for trading.

1. The corporation announces that:

☐ On the date 27/04/2026

☐ From date _ to date _

☐ There was a change in the quantity and in the register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change

A private placement to classified investors (among whom are corporations from the Harel Insurance Investments and Financial Services Ltd. group, the Migdal Insurance and Financial Holdings Ltd. group, and the Phoenix Holdings Ltd. financial group, which are interested parties in the company) in a total scope of NIS 110 million par value BONDS (Series 1).

Explanation: Describe all the details of the transaction or action by virtue of which the change in the corporation's securities occurred.

Name of the registered holder with respect to whom the change occurred: The Tel Aviv Stock Exchange Ltd. Registration Company

Type of identification number: Israeli Companies Registrar number Identification number: 515736817

Nature of the change: Private placement ____

Date of the change: 27/04/2026 Executed via the TASE Clearing House: Yes

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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.

Type and name of the security in which the change occurred: Argo Prop Deb 1 - convertible BONDS

Security no. on the Stock Exchange: 1230705

Balance of the holder in the security in the last report: 200,000,000

Balance of the holder in this security after the change: 310,000,000

Total quantity of securities in which there was a decrease/increase: 110,000,000

Is this a grant of rights to purchase shares No

Total consideration for the securities that were allotted: ____

The Stock Exchange number of the share that will derive from exercise of the security: ____

Number of shares that will derive from full exercise/conversion of the security: ____

Total exercise premium that will be received from full exercise/conversion of the security into shares:

The period during which the security may be exercised: ____

From _ to _

The securities that were allotted will be listed for trading: ____

The aforesaid allotment of securities is further to _ published on _ and its reference number is ____

☐ The security has been fully redeemed and the consideration has been fully received.
☐ The security has been fully redeemed, but the consideration has not been fully received.
☐ Issued for an ATM program
☐ Other.

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Explanations:

1. If the change affects more than one security, specify the effect of the change in a separate line for each security.
2. Date of the change – all changes of the same type, in the same security, carried out on one day, shall be summarized in one line. For this purpose – changes carried out via the TASE Clearing House are to be separated from changes carried out directly in the company's books.
3. The change – for a decrease, add the “-” sign.
4. In all quantity fields, fill in the quantity of securities and not NIS par value.

There was a change only in the corporation's register of holders of securities (with no change in the number of the corporation's securities) as a result of:

Description of the nature of the change ____

Explanation: Describe all the details of the transaction or action by virtue of which the change in the register occurred

1 Name of the registered holder with respect to whom the change occurred: ____

Type of identification number: _ Identification number: _

Date of the change: _ Executed via the TASE Clearing House: _

Type and name of security in which the change occurred:

Security no. on the Stock Exchange: ____

Amount of the change: ____

Balance of the holder in this security after the change: ____

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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.

1. Main shareholders' register as of the report date is as follows:

No.	Name of the registered shareholder	Type of identification number	Identification number	Security number on the Stock Exchange	Type of shares and their par value	Number of shares	Holds the shares as trustee
1	The Tel Aviv Stock Exchange Ltd. Registration Company	Israeli Companies Registrar number	515736817	1175371	Ordinary share of EUR 0.01 par value	22,259,223	No

1. Attached is a shareholders' register file in accordance with the provisions of section 130 of the Companies Law, 5759 - 1999 Share Register Argo Accessible 27042026 for report.isa.pdf

2. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of BONDS holders Securities Register Argo Accessible 27042026 for report.isa.pdf

Details of the authorized signatories on behalf of the corporation:

	Name of signatory	Position
1	Gal Tennenbaum	Co-CEO
2	Fred Ganea	Other
VP Strategy, Transactions and Financing

Explanation: Pursuant to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 5730 – 1970, a report submitted under these Regulations shall be signed by the persons authorized to sign on behalf of the corporation. The Staff's position on this matter can be found on the Authority's website: Click here.

Reference numbers of previous documents on the matter (the reference does not constitute incorporation by reference):

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange

Form structure update date: 06/08/2024

Short name: Argo Properties

Address: pietersbergweg283, Amsterdam1105BM Telephone: 31207920060, Fax: 0793002104

E-mail: f.ganea@argo-nv.com

Previous names of reporting entity:

Name of electronic reporter: Ganea FredPosition: Senior OfficerName of employing company:

Address: HaMenofim10, Herzliya4672561Telephone: 054-4676429Fax: 079-3002104E-mail: f.ganea@argo-nv.com