Azrieli Group — Major Shareholding Notification 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.

Azrieli Group Ltd

AZRIELI GROUP LTD

Number in the register: 510960719

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd

T078 (Public)

www.tase.co.il

Filed via MAGNA: 05/06/2026

Reference no.: 2026-01-053693

Immediate report regarding a person who has become an interested party in a corporation

Regulation 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

1. Details of the holder:

First name: ____

First name in English as it appears in the passport: ____

Last name/Name of corporation: HAPHOENIX FINANCIAL LTD

Last name/Name of corporation in English: Phoenix Financial Ltd

Type of identification number: Number in the Israeli Registrar of Companies ☐ The holder is a corporation

Identification number: 520017450

Citizenship/Country of incorporation or registration: Incorporated in Israel

Country of citizenship/incorporation or registration: ____

Address: 53 Derech HaShalom, Givatayim

Is the holder acting as a representative for the purpose of reporting on several shareholders who hold securities of the corporation together with him: Yes

Name of the controlling shareholder in the interested party: Company without a controlling core

Identification number of the controlling shareholder in the interested party: -

2. Details of the action as a result of which the holder became an interested party in the corporation:

a. Nature of the action Increasedue to purchase on the stock exchange

b. Name and type of the security which is the subject of the action: Azrieli Group

c. Security number on the stock exchange: 1119478

d. Date of execution of the action 03/06/2026

e. Quantity of securities which are the subject of the action: 644

f. The price at which the action was performed: 43,080agorot

g. Whether they are dormant shares or securities convertible into dormant shares No

h. Whether the entire consideration was paid on the date of the change Yes

If the entire consideration was not paid on the date of change, please state the date of completion of the payment

3. a. Holdings of the interested party after the action:

Name, type and series of the security	Security number on the stock exchange	Quantity of securities	Dormant*	Rate of holding		Rate of holding (full dilution)
				% capital	% voting	% capital	% voting
Azrieli Group	1119478	5,209,357.00	No	4.19	4.19	4.16	4.16

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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, type and series of the security	Security number on the stock exchange	Quantity of securities	Dormant*	Rate of holding		Rate of holding (full dilution)
				% capital	% voting	% capital	% voting
Azrieli BONDS D	1138650	99,338,304.56	No	d,d		d,d
Azrieli BONDS E	1156603	155,181,940.71	No	d,d		d,d
Azrieli BONDS F	1156611	309,901,573.43	No	d,d		d,d
Azrieli BONDS G	1178672	195,994,701.33	No	d,d		d,d
Azrieli BONDS H	1178680	81,710,900.00	No	d,d		d,d
Azrieli BONDS I	1209253	277,188,190.00	No	d,d		d,d
Azrieli BONDS J	1225689	21,058,000.00	No	d,d		d,d

b. $\bigcirc$ The holder is not a member of an institutional reporting group.

The holder is not a member of an institutional reporting group, but serves as a senior officer who is not the CEO or a director and is not an interested party by virtue of his holdings.
The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Assets that may be purchased and held by a fund and their maximum rates), 5755 - 1994.

The hedge fund has the right to appoint a director or its representative to the company's board of directors

The holder is a member of an institutional reporting group.

Below is a breakdown of its holdings:

The holder	Name, type and series of the security	Security number on the stock exchange	Quantity of securities	Dormant
Nostro account	Azrieli Group	1119478	100,920.00	No
Participating life insurance accounts	Azrieli Group	1119478	39,491.00	No
Provident funds and companies for managing provident funds	Azrieli Group	1119478	5,068,946.00	No
Nostro account	Azrieli BONDS D	1138650	1,072,090.16	No
Provident funds and companies for managing provident funds	Azrieli BONDS D	1138650	98,266,214.40	No
Nostro account	Azrieli BONDS E	1156603	277,964.68	No
Provident funds and companies for managing provident funds	Azrieli BONDS E	1156603	154,903,976.03	No
Nostro account	Azrieli BONDS F	1156611	9,385,449.44	No
Participating life insurance accounts	Azrieli BONDS F	1156611	4,172,500.00	No
Provident funds and companies for managing provident funds	Azrieli BONDS F	1156611	296,343,623.99	No
Nostro account	Azrieli BONDS G	1178672	9,474,372.71	No
Provident funds and companies for managing provident funds	Azrieli BONDS G	1178672	186,520,328.62	No
Nostro account	Azrieli BONDS H	1178680	20,927,839.00	No
Provident funds and companies for managing provident funds	Azrieli BONDS H	1178680	60,783,061.00	No
Nostro account	Azrieli BONDS I	1209253	48,921,195.00	No
Participating life insurance accounts	Azrieli BONDS I	1209253	4,715,000.00	No
Provident funds and companies for managing provident funds	Azrieli BONDS I	1209253	223,551,995.00	No
Nostro account	Azrieli BONDS J	1225689	8,500,000.00	No
Provident funds and companies for managing provident funds	Azrieli BONDS J	1225689	12,558,000.00	No

Explanations:

1. If the interested party holds more than one type of security, the rates of holding, taking into account all the securities held by him, should be stated in only one of the lines.
2. Holdings of other securities, including other securities that are not listed for trading, must also be reported.

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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.

1. In a case where the interested party is a subsidiary, the holdings must be split between shares purchased prior to the entry into force of the Companies Law, 5759 – 1999, and shares purchased after its entry into force.
2. Where the holder is not a member of an institutional reporting group, only section 3a should be completed. Where the holder is a member of an institutional reporting group, sections 3a and 3b must be completed.
3. If the interested party is a corporation wholly owned (100%) by a single controlling shareholder, the field "Name of holder" should indicate the name of the single controlling shareholder and in the notes at the bottom of the form the details of the corporation or corporations through which the shares are held will be provided, together with any other relevant detail. Conversely, if the interested party is a corporation held by more than one controlling shareholder, or held by several interested parties, the field "Name of holder" should indicate the name of the holding corporation and in the notes at the bottom of the form the details of the controlling shareholders or interested parties who hold in the holding corporation will be provided.

4. A report regarding a holder of a material means of control in a banking corporation without a controlling core shall be reported on report T121.

5. It should be indicated whether these are dormant shares or securities convertible into dormant shares

6. The interested party does not hold shares or other securities in a held company, if its activity is material to the activity of the reporting corporation
   The interested party holds shares or other securities in a held company, if its activity is material to the activity of the reporting corporation, as detailed below:

1 Name of the held company if its activity is material to the activity of the reporting corporation:

Type of identification number:

Identification number:

Country of incorporation or registration: Country:

Nature of the relationship to the reporting corporation:

Type of security: Security number:

Quantity of securities:

Rate of holding out of all securities of the same type: $\%$

Rate of holding in capital: $\%$ Rate of holding in voting power: $\%$

1. Additional details:

The holder is an interested party in the company due to aggregate holdings of HAPHOENIX FINANCIAL LTD and HAPHOENIX Investment House Ltd, which together hold approximately $5.0149\%$ of the company's shares. See also the immediate report published concurrently with the publication of this immediate report regarding the holdings of HAPHOENIX FINANCIAL LTD in the company's securities. The details set out in section 2 above reflect several purchase transactions carried out on the same day.

1. The date and time on which the corporation first became aware of the event or matter 04/06/2026at 14:37

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 Periodic and Immediate Reports Regulations (5730 - 1970), a report submitted under these Regulations shall be signed by those authorized to sign on behalf of the corporation. The staff's position on this matter can be found on the Authority's 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:

04/02/2025

Short name: Azrieli Group

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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.

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

E-mail: Niritz@azrieli.com Company website: www.azrieligroup.com

Previous names of reporting entity:

Name of electronic reporter: Ze'evi NiritPosition: VP and General CounselName of employing company:

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