Big Shopping Centers Ltd.

BIG SHOPPING CENTERS LTD

Company Number (Registrar): 513623314

To: Israel Securities Authority

To: Tel Aviv Stock Exchange Ltd. (TASE)

Form Number: T076 (Public) Reported via MAGNA: 17/12/2025

ISA electronic address: www.isa.gov.il TASE electronic address: www.tase.co.il

Reference: 2025-01-100881

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Pursuant to Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

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 held company, if its activity is material to the activity of the reporting corporation, use Form T121.

Name of corporation / surname and first name of holder: Itzhaki Ben Shimon Vered ([Hebrew: ורד שמעון בן יצחקי([
Type of identification number: Identity card number
Holder's identification number: 025437542

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 reporting as a proxy for other shareholders holding securities of the corporation together with them? No

Name of controlling shareholder of the interested party: Not applicable

Identification number of controlling shareholder of the interested party: Not applicable

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

Country of citizenship / incorporation or registration: _________

Security number on the stock exchange: 1194794

Name and type of security: BIG AP Other

Nature of change: Decrease / Other

Free text (for other): Exercise of warrants and sale of shares from the exercise

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in part III of the stock exchange regulations, will be classified as an off-the-exchange transaction, with disclosure in the free text field indicating that the transaction was executed in this manner.

Was the change in a single transaction or multiple transactions (cumulative change)? Single transaction

Date of change: 17/12/2025 Transaction price: 73,360 Currency: Agorot

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

Balance (number of securities) in the last report: 5,650

Holding percentage of all securities of the same type in the last report: 24.37%

Change in number of securities: -1,267

Current balance (number of securities): 4,383

Current holding percentage of all securities of the same type: 19.99%

Holding percentage after change:

In capital: 0%

In voting power: 0%

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

Holding percentage after full dilution:

In capital: 0.02%

In voting power: 0.02%

Notes number: _________

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 of corporation / surname and first name of holder: Hayut Mark Efrat ([Hebrew: אפרת מרק חיות([
Type of identification number: Identity card number
Holder's identification number: 033928664
Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings
Does the hedge fund have the right to appoint a director or representative to the company's board? _________
Is the holder reporting as a proxy for other shareholders holding securities of the corporation together with them? No
Name of controlling shareholder of the interested party: Not applicable
Identification number of controlling shareholder of the interested party: Not applicable
Citizenship / country of incorporation or registration: Private individual with Israeli citizenship
Country of citizenship / incorporation or registration: _________
Security number on the stock exchange: 1201722
Name and type of security: BIG AP Employees
Nature of change: Decrease / Other
Free text (for other): Exercise of employee warrants and sale of shares from the exercise
Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in part III of the stock exchange regulations, will be classified as an off-the-exchange transaction, with disclosure in the free text field indicating that the transaction was executed in this manner.
Was the change in a single transaction or multiple transactions (cumulative change)? Single transaction
Date of change: 17/12/2025 Transaction price: 73,360 Currency: Agorot
Are these dormant shares or convertible securities to dormant shares? No
Balance (number of securities) in the last report: 10,000
Holding percentage of all securities of the same type in the last report: 1.4%
Change in number of securities: -3,333
Current balance (number of securities): 6,667
Current holding percentage of all securities of the same type: 0.97%
Holding percentage after change:
In capital: 0.01%
In voting power: 0.01%
Explanation: The holding percentage after change does not refer to convertible securities.
Holding percentage after full dilution:
In capital: 0.04%
In voting power: 0.04%
Notes number: _________

Note: If ^a value of increase is selected due to ^a forced purchase of loaned securities or ^a value of decrease due to ^a forced sale of loaned securities, then securities on loan not returned to the lender and thus turned the lending into ^a forced purchase and the loan into a forced sale.

Table of Notes

No.	Note
1

1. Was the full consideration paid at the time of the change? Yes
If the full consideration was not paid at the time, please specify the payment completion date:
1. If the change occurred by signing ^a lending agreement, please specify how the loaned securities will be terminated:
Explanation: Indicate holding percentages considering all securities held by the interested party.
1. Date and time when the corporation first learned of the event or matter: 17/12/2025, at 18:00
1. Details of the actions that caused the change:

[File Link: _________]

Authorized Signatories Signing on Behalf of the Corporation:

No.	Name	Position
1	Assaf Nagar	Other / Deputy CEO and Head of Finance Field

Explanation: According to Regulation 5 of the Periodic and Immediate Report Regulations (1970), ^a report submitted under these regulations shall be signed by those authorized to sign on behalf of the corporation. Staff position on the matter can be found on the authority's website: Click Here.

Previous names of the reporting entity: BIG Shopping Centers (2004) Ltd.

Abbreviated name: BIG

Address: Migdal Allied Cities, Floor 26, 0, Ramat HaSharon 4713402

Phone: 073-2600420, 073-2600442 Fax: 073-2600426

Email: [email protected]

Company website: www.bigcenters.co.il

Name of electronic reporter: Hayut Mark Efrat Position: Legal Advisor and Company Secretary Company Address: Migdal Allied

Cities, Floor 26, 0, Ramat HaSharon 4713402 Phone: 073-2600407 Fax: 073-2600507

Email: [email protected]

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

Form Structure Update Date: 04/02/2025

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

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