Ashtrom Group Ltd. — Share Issue/Capital Change 2026

May 24, 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.

ASHTROM GROUP LTD

ASHTROM GROUP LTD

Number in the Register: 510381601

To: Israel Securities Authority
To: Tel Aviv Stock Exchange Ltd.
T087 (Public)
Filed via MAGNA: 24/05/2026

www.isa.gov.il
www.tase.co.il
Reference: 2026-01-047545

Share capital structure, 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: Expiration of options

Explanation: Provide a brief description of the nature of the change

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

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

Name and type of security	TASE security no.	Amount in registered capital	Issued and paid-up capital		Quantity registered in the name of the Registration Company
			Quantity in last report	Current quantity
Ashtrom Group ordinary share	1132315	5,027,000,000	111,528,785	111,528,785	111,528,785
Ashtrom Group BONDS (Series 3)	1140102	0	605,528,336	605,528,336	605,528,336
Ashtrom Group BONDS (Series 4)	1182989	0	1,308,115,150	1,308,115,150	1,308,115,150
Ashtrom Group BONDS (Series 5)	1199579	0	825,067,400	825,067,400	825,067,400
Commercial papers (Series 2)	1197714	0	200,000,000	200,000,000	200,000,000
Warrants 05/22 not listed for trading	1187723	0	345,609	230,406	0
Warrants (employees) not listed for trading	1198316	0	1,282,231	1,282,231	0
Warrants (others) not listed for trading	1226232	0	73,446	73,446	0

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

1. The corporation announces that:

☐ On the date 24/05/2026
☐ From date _ to date _

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

Description of the nature of the change Expiration of options

Explanation: Describe all the details of the transaction or action that caused a change in the corporation's securities.

Name of the registered holder in respect of whom the change occurred: Altshuler Shaham Trustees Ltd.

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

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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.

Nature of the change: Expiration __

Date of change: 24/05/2026 Executed via the TASE clearing house: No

Type and name of security in which the change occurred: Warrants 05/22 not listed for trading

TASE security no.: 1187723

Balance of the holder in the security in the last report: 345,609

Balance of the holder in this security after the change: 230,406

Total quantity of securities by which there was a decrease/increase: 115,203

Is this a grant of rights to purchase shares No

Total consideration for securities that were allotted: __

TASE number of the share to be derived from exercise of the securities: __

Number of shares that will be derived from full exercise/conversion of the securities: __

Total exercise premium to be received from full exercise/conversion of the securities into shares:

---

Period during which the securities may be exercised: __

From _ until _

The securities allotted will be registered for trading: __

The aforesaid allotment of securities is further to _ which was 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.

Expiration of Warrants 05/22 not listed for trading

Explanations:

1. If the change affects more than one security, the effect 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, shall be summarized in one line. For this purpose – changes carried out via the TASE clearing house should 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 and not NIS par value must be entered.

There has been a change only in the register of holders of the corporation's securities (with no change in the quantity 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 that caused a change in the register

1 Name of the registered holder in respect of whom the change occurred: __

Type of identification number: _ Identification number: _

Date of change: _ Executed via the TASE clearing house: _

Type and name of security in which the change occurred:

TASE security no.: __

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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.

Quantity of the change: ____

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

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

No.	Name of registered shareholder	Type of identification number	Identification number	TASE security number	Type of shares and their par value	Number of shares	Whether holds the shares as trustee
1	The Tel-Aviv Stock Exchange Registration Company Ltd.	Number in the Israeli Companies Register	515736817	1132315	Ordinary shares of NIS 0.01 par value each.	111,528,785	No

1. Attached is a shareholders register file in accordance with the provisions of Section 130 of the Companies Law, 5759 - 1999 ____

2. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of BONDS holders Ashtrom Group Securities Register 24 May 2026 isa.pdf

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

	Name of signatory	Position
1	Oren Nussbaum	Other
Deputy CEO of the company for Finance, Business Development and Renewable Energy

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730 – 1970), a report submitted under these regulations shall be signed by those authorized to sign on behalf of the corporation. Staff's position on the matter can be found on the ISA 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: Ashtrom Group

Address: HaYarkon3, Bnei Brak5120124 Telephone: 03-6231399, Fax: 03-6231401

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

Previous names of reporting entity:

Name of electronic reporter: Ehud (Udi) AfronPosition: External Legal CounselEmployer company name: M. Firon & Co., Advocates

Address: HaShlosha2, Tel Aviv6706054Telephone: 03-7540063Fax: 03-7540011Email: udie@firon.co.il