ARGO Properties N.V. — Share Issue/Capital Change 2026

Jun 3, 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: 03/06/2026

Reference:

2026-01-052635

Capital status, grant of rights to purchase shares and the corporation's securities registers 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: Exercise of non-tradable warrants into the Company shares

Explanation: A brief description of the nature of the change must be provided

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

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

Name and type of security	Security No. on the stock exchange	Amount in the 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	22,293,117
Argo Prop Series 1 – convertible BONDS	1230705	__	310,000,000	310,000,000
Argo W ESOP2 – warrant for share	1197532	__	1,380,875	1,380,875
Argo Employee ESOP2 – employee warrant	1200690	__	528,835	451,716
Argo W ESOP1A – warrant to others	1200708	__	636,286	636,286

Explanation: All of the company's securities must be specified, including securities not listed for trading.

1. The corporation announces that:

☐ On the date 02/06/2026

☐ From date _ to date _

☐ There has been 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

Exercise of 77,119 non-tradable warrants (Argo Employee ESOP2 – employee warrant) into 33,894 ordinary shares of the Company by a senior officer of the Company by means of a “net exercise” mechanism (Cashless Exercise) based on the value of the benefit (instead of exercise for cash consideration).

Explanation: All of the details of the transaction or action by reason of which the corporation's securities have changed must be described.

Name of registered holder in respect of whom the change occurred: Altshuler Trusts Ltd. (in trust for Mr. Fred Ganea)

Type of identification number: Number in the Israeli Registrar of Companies Identification number: 513901330

Nature of the change: Exercise of warrants ____

Date of the change: 02/06/2026 Executed via the stock exchange 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 security in which a change occurred: Argo Employee ESOP2 – employee warrant
Security No. on the stock exchange: 1200690
Holder's balance in the security in the last report: 233,719
Holder's balance in this security after the change: 156,600
Total quantity of the security in which there was a decrease/increase: 77,119
Is this a grant of rights to purchase shares No
Total consideration for securities that were allocated: ___
The stock exchange number of the share that will result from the exercise of the security: ___
Number of shares that will result from full exercise/conversion of the security: ___
Total exercise premium to be received from full exercise/conversion of the security into shares: ___
Period during which the security can be exercised: ___
From _until _
The securities allotted will be registered for trading: ___
The above-mentioned allocation of securities is further to _published on ___and its reference number is _
☐ The security has been fully paid up and the consideration has been received in full.
☐ The security has been fully paid up, but the consideration has not been received in full.
☐ Issued for an ATM program
☐ Other.
____
2
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Type of identification number: Number in the Israeli Registrar of Companies Identification number: 515736817
Nature of the change: Exercise of warrants ___
Date of the change: 02/06/2026 Executed via the stock exchange clearing house: Yes
Type and name of security in which a change occurred: Argo Properties ordinary share
Security No. on the stock exchange: 1175371
Holder's balance in the security in the last report: 22,259,223
Holder's balance in this security after the change: 22,293,117
Total quantity of the security in which there was a decrease/increase: 33,894
Is this a grant of rights to purchase shares No
Total consideration for securities that were allocated: ___
The stock exchange number of the share that will result from the exercise of the security: ___
Number of shares that will result from full exercise/conversion of the security: ___
Total exercise premium to be received from full exercise/conversion of the security into shares: ___
Period during which the security can be exercised: ___

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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.

From until

The securities allotted will be registered for trading:

The above-mentioned allocation of securities is further to _ published on _ and its reference number is _

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

Explanations:

1. If the change affects more than one security, the impact of the change must be detailed in a separate line for each security.
2. Date of change - all changes of the same type, in the same security, carried out on the same day, will be summarized in a single line. For this matter - changes carried out via the stock exchange clearing house must be separated from changes carried out directly in the company's books.
3. The change – for a decrease, the sign “-” must be added.
4. In all quantity fields, the quantity of securities must be filled in and not NIS par value.

There has been a change only in the register of the corporation's securities holders (without any change in the quantity of the corporation's securities) as a result of:

Description of the nature of the change

Explanation: All of the details of the transaction or action by reason of which a change occurred in the register must be described

1 Name of registered holder in respect of whom the change occurred:
Type of identification number: Identification number:
Date of the change: Executed via the stock exchange clearing house:
Type and name of security in which a change occurred:
Security No. on the stock exchange:
Amount of the change:
Holder's balance in this security after the change:

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

No.	Name of registered shareholder	Type of identification number	Identification number	Security number on the stock exchange	Type of shares and their par value	Number of shares	Whether holds the shares as a trustee
1	The Tel Aviv Stock Exchange Ltd. Registration Company	Number in the Israeli Registrar of Companies	515736817	1175371	Ordinary share of EUR 0.01 par value	22,293,117	No

1. Attached is a shareholders' register file in accordance with the provisions of Section 130 of the Companies Law, 5759 - 1999 020626. שוהו מונטק מונטק (sa.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 020626. שוהו מונטק מונטק (sa.pdf

Details of the signatories authorized to sign on behalf of the corporation:

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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.

	Name of signatory	Position
1	Gal Tenenbaum	Joint CEO
2	Fred Ganea	Other
VP Strategy, Transactions and Financing

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

Reference numbers of previous documents on the subject (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

Email: f.ganea@argo-nv.com

Previous names of reporting entity:

Name of electronic reporter: Guy Priel Position: VP Finance Name of employing company:

Address: Zabotinsky42, Givataim5331803 Telephone: 050-7405466 Fax: Email: g.priel@argo-nv.com