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Big Shopping Centers Ltd.

Major Shareholding Notification Jan 11, 2026

6688_rns_2026-01-11_bdc6d860-9882-4a07-9810-6c4eb907dcff.pdf

Major Shareholding Notification

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BIG SHOPPING CENTERS LTD

Company Registration Number: 513623314

To: Israel Securities Authority www.isa.gov.il To: TEL AVIV STOCK EXCHANGE LTD www.tase.co.il

Form T087 (Public)

Transmitted via MAGNA: 11/01/2026 Reference: 2026-01-004732

Capital Composition, Grant of Rights to Purchase Shares, Registers of Securities of the Corporation, and Changes Therein

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

_________, _______, _______ .

Employee option exercise and exercise of warrants (Series 7)

Explanation: Please briefly describe the essence of the change.

Reference Numbers of Previous Reports on the Subject:

  1. The Corporation's Securities after the Change:

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Name and Type of Security Security
Number on
Exchange
Registered
Capital
Quantity
Issued and Paid-Up
Capital (Last
Report)
Issued and Paid-Up
Capital (Current)
Quantity Recorded
by Registration
Company
BIG Shares 1097260 420,000,000 25,196,197 25,196,543 25,196,533
BONDS (Series 8') 1138924 0 451,154,755 451,154,755 451,154,755
BONDS (Series 9') 1141050 0 168,375,835 168,375,835 168,375,835
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 0 212,438 212,438 0
BIG Other Options 1194794 0 21,916 21,916 0
BIG Employee
Options
1201722 0 578,802 578,652 0
Commercial Papers (Series 3) (NA"M) 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 0 715,107 714,857 714,857
Commercial
Papers (Series 5)
( NA"M )
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

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

2. The Corporation Announces That:

Between: 08/01/2026 and 09/01/2026

A change has occurred in the quantity and in the registry of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description: Employee option exercise and exercise of warrants (Series 7)

Explanation: All transaction or action details leading to the change must be described.

Details of the Change for Each Registered Holder:

1. Registered Holder Affected by the Change: Altshuler Trustees Ltd.

Type of identification number: Israeli Companies Registry Number

Identification number: 513901330 Nature of the change: Option exercise

Date of change: 08/01/2026

Executed via Exchange Clearinghouse: Yes

Type and name of security changed: BIG Employee Options

Security Number: 1201722

Holder's balance in most recent report: 578,802

Holder's balance after change: 578,652

Total increase/decrease: 150

Is this the grant of rights to purchase shares?: No

Total proceeds for allocated securities: _________

Did the allocated securities register for trading: _________

Security fully paid for and proceeds fully received. ✓

  1. Registered Holder Affected by the Change: Registration Company of TASE Ltd.

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Type of identification number: Israeli Companies Registry Number

Identification number: 515736817

Nature of the change: Option exercise

Date of change: 08/01/2026

Executed via Exchange Clearinghouse: Yes

Type and name of security changed: BIG Shares

Security Number: 1097260

Holder's balance in most recent report: 25,196,187

Holder's balance after change: 25,196,283

Total increase/decrease: 96

Is this the grant of rights to purchase shares?: No

Total proceeds for allocated securities: _________

Security fully paid for and proceeds fully received. ✓

3. Registered Holder Affected by the Change: Registration Company of TASE Ltd.

Type of identification number: Israeli Companies Registry Number

Identification number: 515736817

Nature of the change: Option exercise

Date of change: 09/01/2026

Executed via Exchange Clearinghouse: Yes

Type and name of security changed: Warrants (Series 7)

Security Number: 1214345

Holder's balance in most recent report: 715,107

Holder's balance after change: 714,857

Total increase/decrease: 250

Is this the grant of rights to purchase shares?: No

Total proceeds for allocated securities: _________

Security fully paid for and proceeds fully received. ✓

  1. Registered Holder Affected by the Change: Registration Company of TASE Ltd.

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Type of identification number: Israeli Companies Registry Number

Identification number: 515736817 Nature of the change: Option exercise

Date of change: 09/01/2026

Executed via Exchange Clearinghouse: Yes

Type and name of security changed: BIG Shares

Security Number: 1097260

Holder's balance in most recent report: 25,196,283

Holder's balance after change: 25,196,533

Total increase/decrease: 250

Is this the grant of rights to purchase shares?: No

Total proceeds for allocated securities: _________

Security fully paid for and proceeds fully received. ✓

Explanations:

    1. If the change affects more than one security, detail the effect in a separate row for each security.
    1. Date of change all changes of the same type in the same security executed on one day are to be summarized in one row. For this purpose – differentiate changes done via clearinghouse from those made directly in the company records.
    1. For a reduction, prefix the quantity of securities with "-".
    1. In all quantity fields, input the quantity of securities, not currency value.

3. Key Shareholder Register as of the Report Date:

No. Registered ID ID Security No. on Type and Par Quantity of Holds as
Shareholder Name Type Number Exchange Value of Shares Shares Trustee?
1

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4. Attached: File of Shareholder Register according to Section 130 of the Companies Law, 1999

ShareholderRegister_09Jan2026_isa.pdf

Alt: Shareholder register PDF file - 2026בינואר09מרשםמניות_isa.pdf

5. Attached: Updated File of the Corporation's Securities Registers, including the Register of Option Holders and Register of Bond Holders

SecuritiesRegister_09Jan2026_isa.pdf

Alt: Securities register PDF file - 2026בינואר09מרשםניירותערך_isa.pdf

Authorized Signatories:

No. Signatory Name Position
1 Efrat Hayut Marc Legal Advisor and Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff guidelines are found at the Israel Securities Authority website: Click here

Previous Names of the Reporting Entity: BIG Shopping Centers (2004) Ltd.

Short Name: BIG Address: Yaal Man (Allied Cities Tower) 1, Ramat Hasharon, 4734501 Phone: 073-2600420, 073-2600442 Fax: 073-2600426 Email: [email protected] Company Website: www.bigcenters.co.il

Contact: Efrat Hayut Marc – Legal Advisor and Company Secretary Address: Allied Cities Tower, 26th floor, Ramat Hasharon, 4713402 Phone: 073-2600407 Fax: 073-2600507 Email: [email protected]

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

Form structure update date: 06/08/2024

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