Azrieli Group — Capital/Financing Update 2026

Mar 19, 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.

Azrieli Group Ltd

AZRIELI GROUP LTD

Registration number: 510960719

To: Israel Securities Authority

www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd

www.tase.co.il

T020 (Public)

Filed via MAGNA: 19/03/2026

Reference:

2026-01-024946

Offeror's notice of the results of the offer in the prospectus

Pursuant to Section 30 of the Securities Law, 1968 and the Securities Regulations (Notices of the Results of the Offer in the Prospectus), 1969

☐ Results of a pre-commitment tender made in the prospectus (without offering the securities in the prospectus).
☐ Results of an offer in a prospectus.
☐ Cancellation of the public offering.

Note: A report on the results of an offer in a prospectus must also include the early commitments made prior to publication of the prospectus.

The prospectus is a shelf prospectus of a reporting corporation

1. The results of the offer in the prospectus, whose publication reference number is (T012) 2025-01-038499, are presented below.

Permission for its publication was granted on 28/05/2025 and the period for submitting orders under it ended on (in the case of an ATM program, the date on which the program ended) 19/03/2026.

Was the offer made by means of a shelf offer report or a supplementary notice? No

Reference number of the shelf offer report (T022) / supplementary notice (T024)

Attached are the results of the pre-commitment tender made in the prospectus: Diyuach_Totzaot_Mosdi_190326_isa.pdf

Prospectus number: 50138 Note: To be entered for the internal use of the Authority.

2.a. Total securities offered in the prospectus:

Type of security	TASE security number	Name of security	Total quantity of securities	Price*	Interest rate	Discount rate	Weighted discount rate
Shares	1119478	Azrieli Group	3,191,300	443.39New Shekel

*Price per 1 security

b. Completion of details for ETFs that were offered in the prospectus:

Cancelled*	TASE security number	Series serial number	Name	Type of security on TASE	Name of trustee	Listing date for trading
☐			Name of security:
			Full TASE name:
			Short TASE name:

Note: The maximum number of records that can be filled in the table is 35. If it is necessary to report a larger number of records, the report must be split.

Explanation: If the series was cancelled, mark the "Cancelled" field.

Explanation: In the "Series serial number" field, type up to 3 letters or digits describing the series serial number, without additional symbols such as quotation marks.

1. Total securities, by type, and by type of subscribers whose offers were accepted:

Securities for which consideration is received in cash:

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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.

Type of issuance	Type, number and name of security on TASE	Tender number	Type of subscriber	Total quantity of securities issued	Price*	Future exercise price*	Total amount of the calculated consideration	Par value of total securities
Other Institutional tender	Shares	00000	Institutional investors	3,191,300	443.39 New Shekel	——	1,414,990,507 New Shekel	319,130 New Shekel
	1119478
	Azrieli Group

*Price per 1 security

In the case of listing for trading (including listing for trading in the context of an IPO) / release from lock-up / exchange tender offer / merger / stock dividend:

Type of issuance	Type, number and name of security on TASE	Total quantity of securities	Average closing price* / value of the security on the trading day preceding the exchange day	Future exercise price	Total amount of the calculated consideration	Par value of total securities	Date of transaction**	Securities offered:
			☐ Not yet determined				☐ Not yet determined

Notes:
Average closing price of the security of the same type in the first three trading days after listing for trading.
In the case of listing for trading / release from lock-up / stock dividend, the date is the date of listing of the securities for trading on TASE; in the case of an exchange offer, the date is the actual date of exchange.
**In an exchange tender offer, report the securities exchanged (received). If the exchanged securities are not traded, report the securities that were offered.
Please note: The total amount of the calculated consideration will be in accordance with the Securities Regulations (Fee for Application for Permission to Publish a Prospectus), 1995. For your convenience, a link to the calculation table: Click here

Where this is an exchange tender offer:

Consideration received in cash* in __ :

Consideration paid in cash** in __ :

Cash consideration that the offeror received for the securities offered
*Cash consideration paid by the offeror in the framework of the tender offer

1. Details of underwriters and distributors in the issuance:

The issuance involved: ☐ Underwriters ☐ Distributors ☐ None of these

	Name	Role
1	Other
	Name	Lead underwriter
	Leader Issuances (1993) Ltd Company no. 511825358	Underwriter Distributor
2	Other
	Name	Lead underwriter
	Rosario Underwriting Services (A.S.) Ltd Company no. 513916726	Underwriter Distributor
3	Other	Lead underwriter
	Name	Underwriter
	Value Base Underwriting and Public Offerings Ltd	Distributor

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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.

	Name Company no. 514952415	Role
4	Other
	Name I.B.I Underwriting and Offerings Ltd Company no. 511819617	Lead underwriter Underwriter Distributor
5	Other
	Name Menora Mivtachim Underwriting and Management Ltd Company no. 513729095	Lead underwriter Underwriter Distributor
6	Other
	Name Discount Capital Underwriting Ltd Company no. 512647371	Lead underwriter Underwriter Distributor
7	Other
	Name Barak Leumi Underwriters Ltd Company no. 513900944	Lead underwriter Underwriter Distributor

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

	Name of signatory	Position
1	Adv. Nirit Ze'evi	Other Deputy CEO, General Counsel and Company Secretary

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 the persons authorized to sign on behalf of the corporation. The staff's position on this topic may be found on the ISA website: Click here.

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

The corporation's securities are listed for trading on the Tel-Aviv Stock Exchange

Form structure last updated on: 09/12/2025

Short name: Azrieli Group

Address: Azrieli Center1, Tel Aviv67021 Telephone: 03-6081400, 03-6081300Fax: 03-6081380

Email: Niritz@azrieli.com Company website:www.azrieligroup.com

Former names of reporting entity:

Name of electronic reporter: Ze'evi NiritPosition: VP and General CounselEmployer company name:

Address: Azrieli Center1, Tel Aviv67021Telephone: 03-6081383Fax: 03-6081717Email: niritz@azrieli.com