Big Shopping Centers Ltd.

Major Shareholding Notification • Dec 22, 2025

BIG SHOPPING CENTERS LTD

Company Number: 513623314

To:

Israel Securities Authority www.isa.gov.il

To:

Tel Aviv Stock Exchange Ltd www.tase.co.il

Form Number: T076 (Public) Sent via MAGNA: 22/12/2025 Reference: 2025-01-102198

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 changes in holdings of securities of the reporting corporation only. To report changes in holdings of securities of a subsidiary of the reporting corporation where its activities are material for the activity of the reporting corporation, use form T121.

1. Details of Holder

Name of the corporation / surname and first name of the holder: KAPLAN DANI

Type of identification number: ID Number

Identification number: 027234285

• Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings
• If the hedge fund has the right to appoint a director or representative on the company's Board:
• [Not relevant]
• Is the holder acting as a representative for the purpose of reporting for several shareholders holding together securities of the corporation: No
• Name of the controlling shareholder in the interested party: Not relevant
• Identification number of the controlling shareholder in the interested party: Not relevant
• Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: [Not provided]
• Security number on the stock exchange: 1190149
• Name and type of security: BIG Op 9-22
• Nature of change: Decrease, Other
• Other (explanation): Exercise of employee warrants and sale of the exercised shares

Note: Purchasing or selling shares on the Exchange by means of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an off-exchange transaction, while giving disclosure in the free text field that the transaction was made this way.

Is the change in a single transaction or several transactions (cumulative change): Single transaction

Date of change: 22/12/2025

Transaction price: 74,790

Currency: Agorot

Are they dormant shares or securities convertible into dormant shares: No

Balance (number of securities) in the last report: 8,683

Holding percentage of total securities of the same type in the last report: 3.7%

Change in number of securities: -683

Current balance (number of securities): 8,000

Current holding percentage of total securities of the same type: 3.4%

Holding percentage after the change:

Equity: 0%

Voting power: 0%

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

Holding percentage after the change in full dilution:

Equity: 0.09%

Voting power: 0.09%

Note number: [Not provided]

Note: If a value of increase or decrease was selected due to compulsory purchase/sale of borrowed securities, then borrowed securities not returned to the lender and thus the borrowing becomes a compulsory purchase and the lending becomes a compulsory sale.

Notes Table

No.	Note
1	[Not provided]

1. Was all the consideration paid on the date of the change: Yes

If not, indicate the date of completion of payment:

• [Not provided]
• 1. If the change is by signing a lending agreement, indicate details about how the lending was ended:
• [Not provided]

Explanation: Please indicate the holding percentages taking into account all securities held by the interested party.

• 1. The date and time when the corporation first became aware of the event or matter: 22/12/2025 at 19:30
• 1. Details of actions that caused the change: [Not provided]

Details of authorized signatories on behalf of the corporation:

No.	Signatory Name	Role
1	Assaf Nagar	Other Deputy CEO and in charge of finance

Explanation: According to Regulation 5 of the Securities (Periodic and Immediate Reports) Regulations (1970), a report submitted according to these regulations must be signed by those authorized to sign on behalf of the corporation. Position paper on the subject can be found on the Authority's website: Click here

Reference numbers of previous documents on this subject (citation does not constitute inclusion by reference): [None provided]

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

Short name: BIG

Address: Migdal Allied Cities, 26th Floor, 0, Ramat Hasharon 4713402

Phone: 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 report signatory name: Efrat Mark Hayut

Role: Legal counsel and company secretary

Employer company name: [Not provided]

Address: Migdal Allied Cities, 26th Floor, 0, Ramat Hasharon 4713402

Phone: 073-2600407 Fax: 073-2600507

Email: efratm@bigcenters.co.il

Form update date: 04/02/2025