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

May 1, 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 & Construction Co. Ltd.

AZORIM-INVESTMENT, DEVELOPMENT & CONSTRUCTION CO. LTD

Company No.: 520025990

To: Israel Securities Authority

www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd.

www.tase.co.il

T076 (Public)

Filed on MAGNA: 01/05/2026

Reference No.: 2026-01-040434

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 should 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 on the company's Board of Directors

Is the holder acting as a representative for the purpose of reporting several shareholders holding securities of the corporation together with him: 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

Security number on the stock exchange: 715011

Name and type of the security: Ordinary share

Nature of the change: Increased use to purchase on the stock exchange

Note: Purchase or sale of shares on the stock exchange 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 through a single transaction or a number of transactions (cumulative change): Number of transactions

Date of change: 30/04/2026

Transaction price: 1,972.22 Currency agorot

Whether they are dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 139,822,841 Holding percentage of all securities of the same type in the last report: % 63.61

Change in quantity of securities: 80,320+

Current balance (in quantity of securities): 139,903,161 Current holding percentage of all securities of the same type: % 63.65

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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 the change: In equity: % 63.65 In voting power: % 63.65

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

Holding percentage after the change on a fully diluted basis: In equity: % 62.39 In voting power: % 62.39

Note No. 1

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

No.

Note

1

As was conveyed to the company and to the best of its knowledge as of the date of preparation of the 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 Adrhim Star Ltd., and partly directly. Adrhim Star Ltd., C.R. 514586643, is a private company incorporated in Israel, wholly owned by Mr. Friedman. On April 30, 2026, Mr. Friedman executed, through Adrhim Star Ltd., a number of transactions to purchase 80,320 shares of the company and therefore the price presented is the average price of said transactions.

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

If all the consideration was not paid on the date of the change, please specify the date of completion of 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 must be specified taking into account all securities held by the interested party.

1. The date and time the corporation first became aware of the event or matter 30/04/2026 At time 18:45

2. Details of the actions that caused the change

Details of the authorized signatories signing 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 Authority's website: Click here.

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

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

Date of form structure update: 04/02/2025

Short name: Azorim

Address: Arania32, Tel Aviv6107034 Telephone: 03-7613401, 03-5632770Fax: 03-7613405

E-mail: LILACH@AZORIM.CO.IL

Former names of reporting entity:

Name of electronic reporter: Zonnenschein Hershkovitz Amit Position: Legal Counsel and Company Secretary Name of employing company:

Address: Arania 32, Tel-Aviv 6107034 Telephone: 03-5632632Fax: 03-7613405 E-mail: amit@azorim.co.il