Azrieli Group — Share Issue/Capital Change 2026

Mar 24, 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.

www.tase.co.il

T020 (Public)

Transmitted by MAGNA: 24/03/2026

Reference:

2026-01-026172

Notice of the offeror regarding the results of the offer in the prospectus

Pursuant to Section 30 of the Securities Law, 5728-1968 and the Securities Regulations (Notices of the Results of the Offer in the Prospectus), 5730-1969

☐ Results of an early commitments tender given in the prospectus (without the securities in the prospectus having been offered).
☐ Results of an offer in a prospectus.
☐ Cancellation of the public offer.

Note: When reporting on the results of an offer in a prospectus, early commitments given prior to the publication of the prospectus must also be included.

The prospectus is a shelf prospectus of a reporting corporation

1. Set forth below are the results of the offer in the prospectus whose reference number for its publication is (T012) 2025-01-038499

Permission for its publication was granted on 28/05/2025 and the period for submitting orders thereunder ended on (in the case of an ATM program, the date on which the program ended) 23/03/2026.

Was the offer made by means of a shelf offering report or a supplemental notice No

Reference number of the shelf offering report (T022) / supplemental notice (T024)

Attached are the results of the offer in the prospectus: 032026_isa.pdf

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

2.a. Total securities offered in the prospectus:

Type of security	Security number on the stock exchange	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 offered in the prospectus:

Cancelled*	Security number on the stock exchange	Series serial number	Name	Type of security on the stock exchange	Name of trustee	Date of listing for trade
☐	——	——	Name of security:
			Full stock exchange name:
			Short stock exchange name:

Note: The maximum number of records that can be filled in the table is 35. If it is necessary to report on 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, enter up to 3 letters or digits that describe the serial number of the series, without additional markings such as quotation marks.

1. Total securities by type, and by types 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 the stock exchange		Tender number	Type of subscriber	Total quantity of securities issued	Price*	Future exercise price*	Total amount of aggregate consideration calculated	Par value of total securities
Other Public tender	Shares		1224856	Institutional	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 trade (including listing for trade in the context of an IPO) / release from lock-up / exchange tender offer / merger / stock dividend distribution in kind:

Type of issuance	Type, number and name of security on the stock exchange	Total quantity of securities	Average closing price* / value of the security on the trading day preceding the exchange date	Future exercise price	Total amount of aggregate consideration calculated	Par value of total securities	Date of execution of the action**	The securities offered:
			Not yet determined				Not yet determined

Notes:

*Average closing price of the security of the same type, during the first three trading days after listing for trade.

**In the case of listing for trade / release from lock-up / stock dividend in kind, the date is the date of listing of the securities for trade on the stock exchange; in the case of an exchange tender offer, the date is the actual exchange date.

***In an exchange tender offer, the securities reported are those exchanged (received). If the exchanged securities are not traded, the securities offered must be reported.

Please note: The total amount of aggregate consideration calculated will be in accordance with the Securities Regulations (Application Fee for a Permit to Publish a Prospectus), 5755-1995. For your convenience, a link to the calculation table: Click here

If this is an exchange tender offer:

Consideration received in cash* in __ :

Consideration paid in cash** in __ :

*The cash consideration received by the offeror for the securities offered

**The 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	☐ Pricing underwriter
	Leader Issuances (1993) Ltd.	☐ Underwriter
	Company No. 511825358	☐ Distributor
2	Other
	Name	☐ Pricing underwriter
	Rosario Underwriting Services (A.S.) Ltd.	☐ Underwriter
	Company No. 513916726	☐ Distributor
3	Other	☐ Pricing underwriter
	Name	☐ Underwriter
	Value Base Underwriting and Issuance Management 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 Issuances Ltd. Company No. 511819617	☐ Pricing underwriter ☐ Underwriter ☐ Distributor
5	Other
	Name Menora Mivtachim Underwriting and Management Ltd. Company No. 513729095	☐ Pricing underwriter ☐ Underwriter ☐ Distributor
6	Other
	Name Discount Capital Underwriting Ltd. Company No. 512647371	☐ Pricing underwriter ☐ Underwriter ☐ Distributor
7	Other
	Name Barak Leumi Underwriters Ltd. Company No. 513900944	☐ Pricing 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, Legal Counsel and Corporate Secretary

Explanation: Pursuant to Regulation 5 of the Periodic and Immediate Reports Regulations (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 mention does not constitute incorporation by reference):

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

Date of last form structure update: 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

Previous names of the reporting entity:

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

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