Big Shopping Centers Ltd.

Share Issue/Capital Change • Dec 22, 2025

BIG SHOPPING CENTERS LTD

Registry Number: 513623314

To:

• Israel Securities Authority (www.isa.gov.il)
• TEL AVIV STOCK EXCHANGE LTD (www.tase.co.il)

Form Number: T087 (Public) MAGNA Broadcast Date: 22/12/2025 Reference: 2025-01-101877

Correction Report to a Disrupted Report Sent on 21/12/2025

Reference: 2025-01-101562

The Disruption:

Clerical error in the securities balance of holder no. 3 and in the number of BONDS (Series 9) redeemed.

Reason for the Disruption:

Typographical error.

Main Correction Points:

Correction of the share balance of holder no. 3 and the number of BONDS (Series 9) redeemed.

Share Capital, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Their Changes

Regulations 31E, 31(A), 31(B1), 32 of the Securities Regulations (Immediate Periodic Reports), 1970

Nature of Change
Exercise of employee warrants and partial redemption of BONDS (Series 9).

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

1. Securities Register of the Corporation After the Change:

version. For more information, please review the legal disclaimer.

Previous Related Report References: __________, __________, __________.

Name and Type of Security	TASE Security Number	Quantity in Registered Capital	Issued and Paid-Up Capital (Last Report)	Issued and Paid- Up Capital (Current)	Quantity Recorded in Nominee Company (Registration Company)
BIG Shares	1097260	420,000,000	25,083,306	25,086,063	25,086,053
BONDS (Series 8)	S (Series 1138924 0		451,154,755	451,154,755	451,154,755
BONDS (Series 9)	NDS (Series 1151117 0		336,751,670	168,375,835	168,375,835
BONDS (Series 11)			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		1,125,000,001	1,125,000,001
BONDS (Series 19)	1181007 0 318,4		318,400,000	318,400,000	318,400,000
BONDS (Series 20)	1186188	0	976,934,127	976,934,127	976,934,127
BIG OPT 09-22	1190149	0	235,204	234,887	0
BIG Other OPT	1194794	0	21,916	21,916	0
BIG Employee OPT	1201722	0	683,695	679,378	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)	Series 1224948 0 23		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

Note: All company securities must be specified, including those not listed for trading.

2. The Corporation Reports That:

From Date: 18/12/2025 To Date: 21/12/2025

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

Exercise of employee warrants and partial redemption of BONDS (Series 9)

Transaction Details (for Each Registered Holder)

1. Holder: Altshuler Trustees Ltd.

Registration Number: 513901330 Nature of Change: Exercise of warrants

Date of Change: 18/12/2025 Via TASE Clearing House: Yes

Security Type & Name: BIG Employee OPT

TASE Security Number: 1201722 Last Report Holding: 683,695 After Change Holding: 679,378 Net Change: 4,317 decrease

Grant of Rights for Share Purchase: No

Security fully redeemed, full consideration received.

1. Holder: Altshuler Trustees Ltd.

Registration Number: 513901330 Nature of Change: Exercise of warrants

Date of Change: 18/12/2025 Via TASE Clearing House: Yes

Security Type & Name: BIG OPT 09-22 TASE Security Number: 1190149 Last Report Holding: 235,204 After Change Holding: 234,887

Net Change: 317 decrease

Grant of Rights for Share Purchase: No

Security fully redeemed, full consideration received.

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

Registration Number: 515736817 Nature of Change: Exercise of warrants

Date of Change: 18/12/2025 Via TASE Clearing House: Yes Security Type & Name: BIG Shares TASE Security Number: 1097260 Last Report Holding: 25,083,296 After Change Holding: 25,086,053

Net Change: 2,757 increase

Grant of Rights for Share Purchase: No

Security fully redeemed, full consideration received.

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

Registration Number: 515736817

Nature of Change: Other (Partial redemption)

Date of Change: 21/12/2025 Via TASE Clearing House: Yes

Security Type & Name: BONDS (Series 9)

TASE Security Number: 1141050 Last Report Holding: 336,751,670 After Change Holding: 168,375,835 Net Change: 168,375,835 decrease

Grant of Rights for Share Purchase: No

Security fully redeemed, full consideration received.

Explanatory Notes:

• 1. If changes affect more than one security, specify a separate row for each security.
• 1. Date of change—aggregate same-type changes in the same security on the same day. Separate changes performed through TASE clearing house and those performed directly in the company's books.
• 1. For reductions, use the sign "-".
• 1. In all quantity fields, fill in the number of securities (not NIS par value).

3. Main Shareholders Register as of the Reporting Date:

No.	Registered	ID Number	ID	TASE Security	Type/Par Value of	Quantity of	Holds as
	Shareholder Name	Type	Number	Number	Shares	Shares	Trustee?
1

Attached: Shareholder register file in accordance with Section 130 of the Companies Law, 1999

pdf.isa_מרשםמניות21בדצמבר2025

Alt text: File attachment "Shareholders registry as of December 21, 2025"

Attached: Updated file of the registers of the corporation's securities, including registry of warrant holders and registry of bond holders

pdf.isa_מרשםניירותערך21בדצמבר2025מתקן

Alt text: File attachment "Securities registry as of December 21, 2025 (corrected version)"

Details of the authorized signatories on behalf of the corporation:

No.	Name	Position
1	Efrat Hayut-Marek	Legal Advisor and Corporate Secretary

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.

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

Previous Names of the Entity

BIG SHOPPING CENTERS (2004) LTD

Contact Information

Address: Migdal Allied Cities, 26th floor, Ramat Hasharon, 4713402

Phone: 073-2600420, 073-2600442

Fax: 073-2600426

Email: assaf@bigcenters.co.il Website: www.bigcenters.co.il

Electronic Reporter Name: Hayut-Marek Efrat

Position: Legal Advisor and Corporate Secretary

Address: Migdal Allied Cities, 26th floor, Ramat Hasharon, 4713402 Phone: 073-2600407 Fax: 073-2600507 Email:

efratm@bigcenters.co.il

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

Form Structure Last Updated: 06/08/2024