Big Shopping Centers Ltd.

Major Shareholding Notification • Dec 18, 2025

BIG SHOPPING CENTERS LTD

Registry Number: 513623314
To: Securities Authority
To: TEL AVIV STOCK EXCHANGE LTD
Form Number: T087 (Public)
Reported via MAGNA on: 18/12/2025
Reference Number: 2025-01-101060
Securities of the Corporation 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: Exercise of employee options.
Explanation: Briefly describe the nature of the change.
Reference Numbers of Previous Reports on the Subject:,,

1. Register of the Corporation's Securities after the Change:

Name and Type of Security	Security Number	Registered Capital Quantity	Issued and Paid-Up Capital: Last Report	Issued and Paid-Up Capital: Current	Quantity Registered in Name of Nominee Company
BIG Shares	1097260	420,000,000	25,075,390	25,083,306	25,083,296
BONDS (Series 8)	1138924	0	451,154,755	451,154,755	451,154,755
BONDS (Series 9)	1141050	0	336,751,670	336,751,670	336,751,670
BONDS (Series 11)	1151117	0	500,461,875	500,461,875	500,461,875
BONDS (Series 12)	1156231	0	602,960,150	602,960,150	602,960,150
BONDS (Series 13)	1159516	0	579,958,000	579,958,000	579,958,000
BONDS (Series 15)	1162221	0	688,571,520	688,571,520	688,571,520
BONDS (Series 16)	1168442	0	156,800,000	156,800,000	156,800,000
BONDS (Series 17)	1168459	0	176,000,000	176,000,000	176,000,000
BONDS (Series 18)	1174226	0	1,125,000,001	1,125,000,001	1,125,000,001
BONDS (Series 19)	1181007	0	318,400,000	318,400,000	318,400,000
BONDS (Series 20)	1186188	0	976,934,127	976,934,127	976,934,127
BIG Op 09-22	1190149	0	235,204	235,204	0
BIG Other Op	1194794	0	23,183	21,916	0
BIG Employee Op	1201722	0	695,528	683,695	0
Commercial Papers Series 3	1201490	0	150,000,000	150,000,000	150,000,000
BONDS (Series 21)	1202217	0	536,000,000	536,000,000	536,000,000
Warrants (Series 7)	1214345	0	752,688	752,688	752,688
Commercial Papers Series 5	1223114	0	250,000,000	250,000,000	250,000,000
BONDS (Series 22)	1224948	0	235,000,000	235,000,000	235,000,000
BONDS (Series 23)	1224955	0	343,000,000	343,000,000	343,000,000
BONDS (Series 24)	1227032	0	1,081,374,000	1,081,374,000	1,081,374,000

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

2. The Corporation Announces That:

On date: 17/12/2025

There was a change in the quantity and register of holders of the corporation's securities (including rights to purchase shares) of the corporation as a result of:

Description of Nature of the Change: Exercise of employee options

Explanation: Details must cover the entire transaction or action resulting in the change in the corporation's securities.

Details of the Change:

1. Registered Holder: Altshuler Trusts Ltd.

2. Registered Holder: Altshuler Trusts Ltd.

... (data as above for BIG Other Op - change -1,267)

The security was fully paid and full consideration received.

3. Registered Holder: Registration Company of the Tel Aviv Stock Exchange Ltd.

This allocation is a continuation of _________ published on _________ with reference number _________

... (data as above for BIG Shares - change +7,916)

Explanations:

• 1. If the change affects more than one security, detail each in a separate row.
• 1. Change date All changes of the same type, for the same security, made on one day, should be summed in one row. Changes through exchange clearing should be separated from those made directly in the company books.
• 1. For a reduction, add a '-' sign.
• 1. In all quantity fields, enter number of securities, not NIS par value.

3. Summary of Register of Shareholders as of the Reporting Date:

(Details not provided)

4. Attached: File of Register of Shareholders in accordance with Section 130 of the Companies Law, 1999

Register: [MarshamManayot17Dec2025_isa.pdf]

5. Attached: Updated file of the corporation's securities registers, including register of option holders and register of bondholders

Register: [MarshamNeyarotErech17Dec2025_isa.pdf]

Authorized Signatories on behalf of the Corporation:

1. Efrat Hayut Marek

Role: Other (Legal Advisor and Company Secretary)

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, a report filed under these regulations must be signed by persons authorized to sign on behalf of the corporation. Staff position on the matter can be found on the Authority's website. (Click here)

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.

Short name (TASE): ביג

Address: Migdal Allied Cities, 26th Floor, Ramat Hasharon, 4713402. Tel: 073-2600420, 073-2600442. Fax: 073-2600426

Email: assaf@bigcenters.co.il

Company website: www.bigcenters.co.il

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

Electronic filer name: Efrat Hayut Marek Position: Legal Advisor and Company Secretary

Register address: Migdal Allied Cities, 26th Floor, Ramat Hasharon, 4713402 Tel: 073-2600407, Fax: 073-2600507

Email: efratm@bigcenters.co.il

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

Form structure last updated: 06/08/2024

[MarshamManayot17Dec2025_isa.pdf]: (attached file for register of shareholders) [MarshamNeyarotErech17Dec2025_isa.pdf]: (attached file for securities register)

No images appeared in the document; if there were, each would have had ^a descriptive alt under it as requested.