Azorim Investment Development & Construction Co Ltd. — Major Shareholding Notification 2026

Apr 30, 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 Company Ltd.
AZORIM-INVESTMENT, DEVELOPMENT & CONSTRUCTION CO. LTD
Registration No.: 520025990

To: Israel Securities Authority
www.isa.gov.il

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

T076 (Public)
Filed via MAGNA: 30/04/2026
Reference No.: 2026-01-039790

Immediate report on changes in holdings of interested parties and senior officers
Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting a change in holdings in securities of the reporting corporation only. For reporting a change in holdings in securities of a held company of the reporting corporation, if its activity is material to the activity of the reporting corporation, Form T121 must be used.

1. Name of corporation / Surname and first name of the holder: Chaym Hersh Friedman
   Name of corporation / Surname and first name of the holder in English as registered with the Registrar of Companies or in the passport:
   Chaym Hersh Friedman
   Type of identification number: Passport number
   Identification number of the holder: AD855533
   Type of holder: Interested party that does not meet any of the other definitions
   The hedge fund has the right to appoint a director or its representative to the company's Board of Directors
   Is the holder serving as a representative for purposes of reporting for several shareholders who hold together with him securities of the corporation: Yes
   Name of the controlling shareholder in the interested party N/A
   Identification number of the controlling shareholder in the interested party N/A
   Citizenship / Country of incorporation or registration: Private individual without Israeli citizenship
   Country of citizenship / incorporation or registration: Canadian passport
   TASE security number: 715011
   Name and type of security: Ordinary share
   Nature of change: Increased use to purchase on TASE
   Note: Purchase or sale of shares on TASE by way of a matched transaction, as defined in Part Three of the TASE Regulations, shall be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was executed in this manner.
   Is this a change by way of one transaction or several transactions (cumulative change): Several transactions
   Date of change: 29/04/2026
   Transaction price: 1,987.72 Currency agorot
   Whether they are dormant shares or securities convertible into dormant shares: No
   Balance (in quantity of securities) in last report: 139,770,837 Holding percentage of all securities of the same type in last report: % 63.59
   Change in quantity of securities: 52,004+
   Current balance (in quantity of securities): 139,822,841 Current holding percentage of all securities of the same type: % 63.61

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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.

Holding percentage after change: In equity: % 63.61 In voting power: % 63.61

Explanation: Holding percentage after change does not relate to convertible securities.

Holding percentage after change on a fully diluted basis: In equity: % 62.35 In voting power: % 62.35

Note No. 1

Note: If "Increase due to forced purchase of borrowed securities" or "Decrease due to forced sale of borrowed securities" is selected, then securities borrowed that were not returned to the lender and therefore the borrowing operation became a forced purchase and the lending operation a forced sale.

No.

Note

1

As reported to the company and to the best of its knowledge as of the date of this report, Mr. Hershy Friedman, who serves as Chairman of the Company's Board of Directors, holds the Company's shares as detailed above, partly indirectly through Adarim Star Ltd., and partly directly. Adarim Star Ltd., C.R. 514586643, is a private company incorporated in Israel, fully owned by Mr. Friedman. On April 29, 2026, Mr. Friedman executed several transactions via Adarim Star Ltd. to purchase 52,004 shares of the Company and therefore the price presented is the average price of said transactions.

1. Was all consideration paid on the date of change Yes

If all consideration was not paid on the date of change, please indicate the date of completion of the payment:

1. If the change is by way of signing a lending agreement, please specify details regarding the manner of termination of the lending:

Explanation: The holding percentages should be indicated taking into account all securities held by the interested party.

1. Date and time on which the corporation first became aware of the event or matter 29/04/2026 At 17:52

2. Details of the actions that caused the change

Details of authorized signatories on behalf of the corporation:

	Name of signatory	Position
1	Levi Stresler	Chief Financial Officer

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 position on this matter can be found on the ISA website: Click here.

Reference numbers of previous documents on the subject (the reference does not constitute inclusion by way of reference):

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

Date of last form structure update: 04/02/2025

Short name: Azorim

Address: Aranya32, Tel Aviv6107034 Telephone: 03-7613401, 03-5632770Fax: 03-7613405

E-mail: LILACH@AZORIM.CO.IL

Former names of reporting entity:

Name of electronic reporter: Stresler Levi Position: Finance Manager Name of employing company:

Address: Oswaldo Aranya 32, Tel Aviv 6107034 Telephone: 03-5632632Fax: 03-5632620E-mail: Levi@azorim.co.il