Ashtrom Group Ltd.

Major Shareholding Notification • Oct 19, 2025

ASHTROM GROUP LTD

Registry Number: 510381601

To: Israel Securities Authority

Website: www.isa.gov.il

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

Form Number: T077 (Public)

Broadcasted on MAGNA: 19/10/2025

Reference: 2025-01-077092

Immediate Report on the Holdings of Interested Parties and Senior Officers

Regulation 33 (c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970
Reference numbers of previous reports on the subject: , ,
Below is the status as of 30/09/2025:

A. Interested Parties in the Corporation (including CEO and directors, and any other employee holding five percent or more of the issued share capital or voting power):

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	Holding Percentage (Full Dilution)
1	UNEDCO UNITED ENGINEERING AND DEVELOPMENT COMPANY LTD	Ordinary Share	59,868,866	53.68% equity, 53.68% voting	52.87% equity, 52.87% voting
2	Avraham Nussbaum	Ordinary Share	1,841,364	1.65% equity, 1.65% voting	1.63% equity, 1.63% voting
3	Michal Zahavi	Ordinary Share	582,416	0.52% equity, 0.52% voting	0.51% equity, 0.51% voting
4	Oren Nussbaum	Warrant 05/22 Non tradable	157,599	0% equity, 0% voting	0.20% equity, 0.20% voting
5	Oren Nussbaum	Other Warrants Non tradable	73,446	0% equity, 0% voting	0.20% equity, 0.20% voting
6	Gil Gueron	Ordinary Share	755,517	0.68% equity, 0.68% voting	0.83% equity, 0.83% voting
7	Gil Gueron	Warrant 05/22 Non tradable	188,010	0% equity, 0% voting	0% equity, 0% voting

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	Holding Percentage (Full Dilution)
8	Dafna Levi	Ordinary Share	537,529	0.48% equity, 0.48% voting	0.47% equity, 0.47% voting
9	Haim And Rina Gueron Properties LTD	Ordinary Share	90,000	0.08% equity, 0.08% voting	0.08% equity, 0.08% voting
10	Yehudit Meshorer	Ordinary Share	480,802	0.43% equity, 0.43% voting	0.42% equity, 0.42% voting
11	Meshorer Proprties Holding LTD	Ordinary Share	110,250	0.10% equity, 0.10% voting	0.10% equity, 0.10% voting
12	Yoram Rubin	Ordinary Share	36,397	0.03% equity, 0.03% voting	0.03% equity, 0.03% voting
13	Jonathan Rubin	Ordinary Share	144,849	0.13% equity, 0.13% voting	0.13% equity, 0.13% voting
14	Naama Limon Rubin	Ordinary Share	101,643	0.09% equity, 0.09% voting	0.09% equity, 0.09% voting

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	Holding Percentage (Full Dilution)
15	Nurit Mor	Ordinary Share	111,486	0.10% equity, 0.10% voting	0.10% equity, 0.10% voting
16	Alexander Lifshitz	Ordinary Share	27,000	0.02% equity, 0.02% voting	0.02% equity, 0.02% voting
17	Varda Lifshitz	Ordinary Share	111,486	0.10% equity, 0.10% voting	0.10% equity, 0.10% voting
18	Varda Lifshitz	Bonds (Series 3)	46,666
19	Menora Mivtachim Holdings Ltd Nostro	Ordinary Share	0
20	Menora Mivtachim Holdings Ltd Nostro	Bonds (Series 1)	166,346
21	Menora Mivtachim Holdings Ltd - Provident Funds and Companies Managing Provident Funds	Ordinary Share	7,282,482	6.53% equity, 6.53% voting	6.43% equity, 6.43% voting

Total holding percentage: 79.67% equity, 79.67% voting Total holding percentage (full

dilution): 79.02% equity, 79.02% voting

B. Senior Officers in the Corporation (excluding CEO and directors, and any other employee holding five percent or more of the issued share capital or voting power):

• Do not hold securities of the corporation.
• Below is the holdings status of senior officers in the corporation:

Holder Number	Holder Name	Name, Type, and Series of Security	Updated Quantity of Securities	Holding Percentage	Holding Percentage (Full Dilution)
45	Gal Omer	Employee Warrants Non tradable	167,564	0% equity, 0% voting	0.15% equity, 0.15% voting

Total holding percentage: 0% equity, 0% voting Total holding percentage (full

dilution): 0.15% equity, 0.15% voting

Explanations:

• 1. It is required to report also on the holding of other securities, including those not listed for trading.
• 1. If the interested party holds more than one type of security in the corporation, the holding percentage (including full dilution) should be stated considering all securities held by him in a single row.
• 1. This form should detail the holdings of all interested parties, including those whose holdings have not changed.
• 1. If the interested party is a held company with significant activity for the corporation, the holdings should be split between shares acquired before the Companies Law, 1999 came into effect (granting rights in capital and voting) and shares acquired after its effect (dormant shares).
• 1. If the interested party is a corporation, also state the first name(s) of the ultimate controlling shareholder(s) in this corporation. If there is no controlling shareholder, provide details of the interested parties in it.
• 1. If a senior officer holds five percent or more of the issued share capital or voting power, his holdings should be detailed in the "Interested Parties" table as detailed in section A above.
• 1. If the interested party or senior officer also holds securities in a held company whose activities are significant to the corporation, details of these holdings should be provided in the "Remarks" field in the holder's details.

C. As of the date of this report and according to the law, is there a controlling shareholder in the corporation?

Yes

The controlling shareholder in the corporation is:

• UNEDCO UNITED ENGINEERING AND DEVELOPMENT COMPANY LTD (Registry Number: 510439045)
• Has control not been transferred during the period described in the report? No

Total holding percentage (%) in the corporation's capital by all controlling shareholders: 57.09%

Details of authorized signatories on behalf of the corporation:

#	Name	Position
1	Oren Nussbaum	Other: Deputy CEO for Finance and Business Development

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

Short name: ASHTROM GROUP LTD

Address: HaYarkon 3, Bnei Brak 5120124 Phone: 03-6231399 Fax: 03-6231401 Email:

dalia@ashtrom.co.il Company website: http://www.ashtrom.co.il/

Previous names of the reporting entity:

Electronic reporter name: Ehud Udi Afron Position: External Legal Advisor Employer company: M. Firon & Co., Advocates Address: HaShlosha 2, Tel Aviv 6706054 Phone: 03-

7540063 Fax: 03-7540011 Email: udie@firon.co.il

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

Form structure update date: 04/02/2025

Glossary:

• controlling shareholder
• regarding
• commercial papers
• par value
• security
• warrant
• warrants
• results
• partnership
• technology
• ordinary share
• dividend
• agorot
• Participating unit

End of document.