Azorim Investment Development & Construction Co Ltd. — Capital/Financing Update 2026

Jun 5, 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. .

Azorim Investment, Development and Construction Co. Ltd. ("the Company")

June 5, 2026

To

Tel Aviv Stock Exchange Ltd.

www.tase.co.il

To

Securities Authority

www.isa.gov.il

Re: Immediate Report - Completion of initial public offering of BONDS (Series 1) to the public by Azorim Miroza Ltd.

Further to the Company's immediate report dated April 14, 2026¹, the Company is pleased to announce that on June 4, 2026, Azorim Miroza Ltd. ("Azorim Miroza"), a wholly owned subsidiary of the Company, completed raising NIS 280 million as part of an initial public offering of BONDS (Series 1), at a fixed annual interest rate of 5.1%.

Azorim Miroza is engaged in the identification, initiation, planning, construction, marketing, and operation of residential rental projects in the United States, primarily in the city of Yonkers in Westchester County, New York State. As of the date of this report, Azorim Miroza has three income-producing properties and two land reserves for development comprising 1,460 housing units with a total value of approximately NIS 1.2 billion.

Sincerely,

Azorim Investment, Development and Construction Co. Ltd.

By: Adi Dana, Company CEO

Levi Stressler, CFO

6/5/2026 | 6:27:13 AM | v1.2.5