B Communication

Major Shareholding Notification • Oct 8, 2025

B COMMUNICATIONS LTD

B COMMUNICATIONS LTD

Registration Number: 512832742

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Transmitted via MAGNA: 08/10/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01- 074422

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 of securities of the reporting corporation only. To report a change in holdings of securities of a subsidiary of the reporting corporation, if its activity is material to the activity of the reporting corporation, use Form T121.

1

Name of corporation / Surname and first name of holder: Tomer Raved

Name of corporation / Surname and first name of holder in English as registered with the Companies Registrar or in the passport: Tomer Raved

Type of identification number: ID number

Holder's identification number: 036864288

Type of holder: Director/CEO

Does the hedge fund have the right to appoint a director or representative to the company's board?

Is the holder acting as a representative for the purpose of reporting on behalf of several shareholders holding together securities of the corporation? No

Name of controlling shareholder in the interested party:

Identification number of controlling shareholder in the interested party:

Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship / incorporation or registration:

Security number on the stock exchange: 1185636

Name and type of security: B COMMUNICATIONS LTD 01/21

Nature of change: Decrease

In convertible securities due to their conversion to shares or redemption

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of change: 08/10/2025

Transaction rate: 0 Currency: agorot

Are these dormant shares or securities convertible to dormant shares: No

Balance (in quantity of securities) in the last report: 5,244,862 Holding percentage of total securities of the same type in the last report: % 98.1

Change in quantity of securities: 682,500 -

Current balance (in quantity of securities): 4,562,362 Current holding percentage of total securities of the same type: % 97.9

Holding percentage after the change: In capital: %

In voting rights: % -

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

Holding percentage after the change on a fully diluted basis: In capital: %

In voting rights: % -

Note number: 1

2

Name of corporation / Surname and first name of holder: Tomer Raved

Name of corporation / Surname and first name of holder in English as registered with the Companies Registrar or in the passport: Tomer Raved

Type of identification number: ID number

Holder's identification number: 036864288

Type of holder: Director/CEO

Does the hedge fund have the right to appoint a director or representative to the company's board?

Is the holder acting as a representative for the purpose of reporting on behalf of several shareholders holding together securities of the corporation? No

Name of controlling shareholder in the interested party:

Identification number of controlling shareholder in the interested party:

Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship / incorporation or registration:

Security number on the stock exchange: 1107663

Name and type of security: B COMMUNICATIONS LTD

Nature of change: Increase In shares due to conversion of securities

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of change: 08/10/2025

Transaction rate: 0 Currency: agorot

Are these dormant shares or securities convertible to dormant shares: No

Balance (in quantity of securities) in the last report: 0 Holding percentage of total securities of the same type in the last report: % 0

Change in quantity of securities: 273,726 +

Current balance (in quantity of securities): 273,726 Current holding percentage of total securities of the same type: % 0

Holding percentage after the change: In capital: % 0 In voting rights: % 0

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

Holding percentage after the change on a fully diluted basis: In capital: % 0 In

voting rights: % 0

Note number: 1

3

Name of corporation / Surname and first name of holder: Tomer Raved

Name of corporation / Surname and first name of holder in English as registered with the Companies Registrar or in the passport: Tomer Raved

Type of identification number: ID number

Holder's identification number: 036864288

Type of holder: Director/CEO

Does the hedge fund have the right to appoint a director or representative to the company's board?

Is the holder acting as a representative for the purpose of reporting on behalf of several shareholders holding together securities of the corporation? No

Name of controlling shareholder in the interested party:

Identification number of controlling shareholder in the interested party:

Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship / incorporation or registration:

Security number on the stock exchange: 1107663

Name and type of security: B COMMUNICATIONS LTD

Nature of change: Decrease

Due to off-exchange sale

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of change: 08/10/2025

Transaction rate: 2,160 Currency: agorot

Are these dormant shares or securities convertible to dormant shares: No

Balance (in quantity of securities) in the last report: 273,726 Holding percentage of total securities of the same type in the last report: % 0

Change in quantity of securities: 273,726 -

Current balance (in quantity of securities): 0 Current holding percentage of total securities of the same type: % 0

Holding percentage after the change: In capital: % 0 In voting rights: % 0

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

Holding percentage after the change on a fully diluted basis: In capital: % 0 In voting rights: % 0

Note number:

Note: If the value "increase due to forced purchase of loaned securities" or the value "decrease due to forced sale of loaned securities" is selected, then loaned securities that were not returned to the lender and thus the lending action became a forced purchase and the lending action a forced sale.

No.	Note
1	It should be noted that the exercise of the options was done via a net exercise mechanism. For the purpose of the calculation, the share price was about 2254 agorot.

1. Was the entire consideration paid at the time of the change? Yes

If not all the consideration was paid at the time of the change, please specify the date of completion of the payment:

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

Explanation: The holding percentages should be stated 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: 08/10/2025 at 12:30
• 1. Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

	Name of Signatory	Position
1	Tomer Raved	CEO

Explanation: According 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 the matter can be found on the Authority's website: Click here.

Previous reference numbers of documents on the subject (the mention does not constitute inclusion by reference):

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

Form structure update date: 04/02/2025

Short name: B COMMUNICATIONS LTD

Address: Menachem Begin 144, Tel Aviv 6492102 Phone: 03-6796101, Fax: 03-6796111

Email: tomer@bcomm.co.il Company website: www.bcommunications.co.il

Previous names of the reporting entity: 012 Smile.Communications Ltd.

Electronic reporter name: Raved Tomer Position: CEO Employer company name:

Address: Menachem Begin 144, Tel Aviv 649210 Phone: 03-6796101 Fax: 03-6796111 Email: tomer@bcomm.co.il