B Communication — Share Issue/Capital Change 2025

Nov 24, 2025

B COMMUNICATIONS LTD ("B Communications Ltd")

Registry Number: 512832742

To: Securities Authority

To: The Tel Aviv Stock Exchange Ltd

Form No.: T087 (Public) Sent via MAGNA: 24/11/2025 Reference: 2025-01-090854

Capital Status, Grant of Rights to Purchase Shares, and the Corporate Securities Registers and Changes Therein

Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of change: Realization of warrants Explanation: Briefly describe the nature of the change
Reference numbers of previous reports on the matter:,,

1. Corporation's securities status after the change:

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 and Type of Security	Stock Exchange No.	Amount in Registered Capital	Issued and Paid Up Capital	Recorded in the Name of Nominee Company
B Communications Ordinary Share	1107663	300,000,000	Last report: 117,341,790	117,110,402
			Current: 117,410,128
B Comm Red	1114495	0	Last report: 12,298,530	0
			Current: 12,298,530
B Communications 01/21	1185636	0	Last report: 3,277,362	0
			Current: 2,677,362

Explanation: All securities of the company, including securities not listed for trading, must be detailed.

2. The corporation announces that:

On the date: 23/11/2025 A change occurred in the quantity and registry of securities holders (including rights to purchase shares) of the corporation as a result of: Realization of warrants Explanation: Describe all details of the transaction or action causing the change in the company's securities.

Section 1 – Details of change:

1. Registered Holder: Altshuler Trustees Ltd
Type of ID: Company Number in Israel
ID Number: 513901330
Nature of change: Realization of warrants
Date of change: 23/11/2025
Conducted via TASE Clearing House: No
Type and Name of Security: B Communications 01/21
Security No.: 1185636
Holder's Balance (last report): 3,277,362
Holder's Balance (after change): 2,677,362 Net change: 600,000
Is it a grant of rights to purchase shares: No
Total consideration for issued securities:
Stock exchange number of the shares to be derived from exercise:
Number of shares resulting from full exercise/conversion:
Total additional consideration received from full exercise/conversion:
Period in which the security may be exercised:
From/To date: /
Are the allocated securities to be listed?:
The allocation is further to: published on reference
Other. Explanation: Realization of warrants
Security fully paid and consideration fully received
Security fully paid, but not all consideration received
Issued for ATM program
2. Registered Holder: The Tel Aviv Stock Exchange Nominee Company Ltd
Type of ID: Company Number in Israel
ID Number: 515736817
Nature of change: Realization of warrants
Date of change: 23/11/2025
Conducted via TASE Clearing House: No
Type and Name of Security: B Communications Ordinary Share
Security No.: 1107663
Holder's Balance (last report): 117,042,064
Holder's Balance (after change): 117,110,402
Net change: 68,338
Is it a grant of rights to purchase shares: No
Total consideration for issued securities:
Stock exchange number of the shares to be derived from exercise:
Number of shares resulting from full exercise/conversion:
Total additional consideration received from full exercise/conversion:
Period in which the security may be exercised:
From/To date: /
Are the allocated securities to be listed?:
The allocation is further to: published on reference
Security fully paid and consideration fully received
Security fully paid, but not all consideration received
Issued for ATM program
Other.

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.

Explanations:

• 1. If the change affects more than one security, detail the impact in a separate line for each security.
• 1. Change date: all changes of the same type, in the same security, made on one day, will be summarized in one line. Separate changes made via the TASE clearing house from those made directly in the company's books.
• 1. For decrease use the sign "-".
• 1. All quantity fields must include the quantity of securities and not their par value.

Section 2

No changes were reported in the register of securities holders only (without change in number of the corporation's securities) as a
result of: []

1. Main register of shareholders as at the report date are as follows:

(No entries filled; see attached file for full registry)

4. Attached is a file of the shareholders' register in accordance with Section 130 of the Companies Law, 1999

[Shareholders_Register_isa.pdf]

5. Attached is an updated file of the corporate securities registers, including the register of warrant holders and the register of bond holders

[Securities_Register_isa.pdf]

Details of authorized signatories on behalf of the corporation:

Name	Role
Tomer Rabid	CEO

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.

Explanation: Pursuant to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (1970), ^a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. For staff position on the issue, see the Authority's website: Click here

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

Short name: B Communications

Address: Menachem Begin 144, Tel Aviv 6492102

Phone: 03-6796101 Fax: 03-6796111

Email: tomer@bcomm.co.il

Website: www.bcommunications.co.il

Previous names of reporting entity: 012 Smile.Communications Ltd

Electronic reporter's name: Tomer Rabid

His role: CEO

Address: Menachem Begin 144, Tel Aviv 649210

Tel: 03-6796101 Fax: 03-6796111

Email: tomer@bcomm.co.il

Note: Attached files:

Shareholders_Register_isa.pdf

Securities_Register_isa.pdf

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