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Big Shopping Centers Ltd.

Share Issue/Capital Change Dec 24, 2025

6688_rns_2025-12-24_7b045f0d-a7a1-4ca1-8200-62d133135313.pdf

Share Issue/Capital Change

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BIG SHOPPING CENTERS LTD

Registry Number: 513623314

To: Israel Securities Authority (www.isa.gov.il)

To: TEL AVIV STOCK EXCHANGE LTD (www.tase.co.il)

Form Number: T087 (Public)

Transmitted via MAGNA: 24/12/2025

Reference: 2025-01-102967

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

  • Regulation 31e of the Securities Regulations (Immediate Periodic Reports), 1970
  • Regulation 31(a) of the Securities Regulations (Immediate Periodic Reports), 1970
  • Regulation 31(b1) of the Securities Regulations (Immediate Periodic Reports), 1970
  • Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of Change:

Exercise of employee options and exercise of warrants (Series 7)
-- -- ------------------------------------------------------------------ -- -- -- --

Explanation: The nature of the change must be briefly described.

Reference numbers of previous reports on the subject: _________, _________, _________

1. The Corporation's Securities after the Change:

Name and Type of
Security
Security Number on
the Exchange
Quantity in
Registered Capital
Issued and Paid-Up
Capital
Qty Recorded by
Nominee Company
BIG Shares 1097260 420,000,000 Last Report:
25,094,477
Current: 25,119,888
25,119,878
BONDS (Series 8) 1138924 0 451,154,755 451,154,755
BONDS (Series 9) 1141050 0 168,375,835 168,375,835
BONDS (Series 11) 1151117 0 500,461,875 500,461,875
BONDS (Series 12) 1156231 0 602,960,150 602,960,150
BONDS (Series 13) 1159516 0 579,958,000 579,958,000
BONDS (Series 15) 1162221 0 688,571,520 688,571,520
BONDS (Series 16) 1168442 0 156,800,000 156,800,000
BONDS (Series 17) 1168459 0 176,000,000 176,000,000
BONDS (Series 18) 1174226 0 1,125,000,001 1,125,000,001
BONDS (Series 19) 1181007 0 318,400,000 318,400,000
BONDS (Series 20) 1186188 0 976,934,127 976,934,127
BIG Option 09-22 1190149 0 234,204 0
BIG Other Options 1194794 0 21,916 0
BIG Employee
Options
1201722 0 665,601 0
Commercial Papers
(Series 3)
1201490 0 150,000,000 150,000,000
BONDS (Series 21) 1202217 0 536,000,000 536,000,000
Warrants (Series 7) 1214345 0 727,648 727,648
Commercial Papers
(Series 5)
1223114 0 250,000,000 250,000,000
BONDS (Series 22) 1224948 0 235,000,000 235,000,000
BONDS (Series 23) 1224955 0 343,000,000 343,000,000
BONDS (Series 24) 1227032 0 1,081,374,000 1,081,374,000

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.

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

2. The Corporation Notifies that:

On the date: 23/12/2025

There has been a change in the quantity and the register of security holders (including rights to purchase shares) of the corporation as a result of:

Description of the essence of the change: Exercise of employee options and exercise of warrants (Series 7)

Explanation: All details of the transaction or action which caused the change in securities of the corporation must be provided.

Main details of security holders affected by the change:

  1. Holder: Altshuler Trustees Ltd. (Registry Number: 513901330)
Change date: 23/12/2025
Executed via the Stock Exchange clearing: Yes
Type and name of security: BIG Employee Options (1201722)
Last reported balance: 666,268
Balance after change: 665,601
Total change in quantity: 667
Allocation of rights to purchase shares: No
Total consideration for allocated securities:
Security number of the share derived from exercise:
Number of shares derived from full exercise:
Total additional consideration for full exercise/conversion:
Period for exercise:
From: to:
Allocated securities will be registered for trading:
The allocation follows: published on: Reference number:
The security has been fully paid and the consideration fully received.
The security has been fully paid, but the consideration not fully received.
Issued for ATM program.
Other:
2. Holder: TEL AVIV STOCK EXCHANGE LTD Registration Company (Registry Number: 515736817)
Nature of change: Exercise of options
Change date: 23/12/2025
Executed via the Stock Exchange clearing: Yes
Type and name of security: BIG Shares (1097260)
Last reported balance: 25,094,467
Balance after change: 25,094,878

Nature of change: Exercise of options

Total change in quantity: 411

Allocation of rights to purchase shares: No

Additional details: as above (blank fields)

The security has been fully paid and the consideration fully received.

3. Holder: TEL AVIV STOCK EXCHANGE LTD Registration Company (Registry Number: 515736817)

Nature of change: Exercise of options

Change date: 23/12/2025

Executed via the Stock Exchange clearing: Yes

Type and name of security: Warrants (Series 7) (1214345)

Last reported balance: 752,648 Balance after change: 727,648 Total change in quantity: 25,000

Allocation of rights to purchase shares: No

Additional details: as above (blank fields)

The security has been fully paid and the consideration fully received.

4. Holder: TEL AVIV STOCK EXCHANGE LTD Registration Company (Registry Number: 515736817)

Nature of change: Exercise of options

Change date: 23/12/2025

Executed via the Stock Exchange clearing: Yes

Type and name of security: BIG Shares (1097260) Last reported balance: 25,094,878

Balance after change: 25,119,878 Total change in quantity: 25,000

Allocation of rights to purchase shares: No

Additional details: as above (blank fields)

The security has been fully paid and the consideration fully received.

Explanations:

    1. If the change affects more than one security, detail the impact in a separate row for each security.
    1. Change date: All changes of the same type, in the same security, executed on one day, are summarized in one row. In this context, separate changes executed via the Stock Exchange clearing and direct changes in the company's records.
    1. For a decrease, add the sign "-".
    1. For all quantity fields, fill in the quantity of securities and not NIS par value.

If a change occurred only in the register of security holders (without a change in the quantity of the corporation's securities): (Details section left blank in the document)

3. Main Register of Shareholders at the Report Date:

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

Attached: PDF file of shareholders register as per Section 130 of the Companies Act, 1999

SharesRegister23Dec2025_isa.pdf

Attached: Updated file of registers of the corporation's securities, including the options and bonds registers

SecuritiesRegister23Dec2025_isa.pdf

Details of Authorized Signatories for the Corporation:

No. Name Role
1 Efrat Hayut-Marak Other
Legal Counsel and Company Secretary

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

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

Electronic Reporter Name: Hayut-Marak Efrat

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.

Role: Legal Counsel and Company Secretary

Company Address: Alied Cities Tower, 26th floor, Ramat Hasharon 4713402

Phone: 073-2600420, 073-2600442

Fax: 073-2600426

Email: [email protected]

Company Website: www.bigcenters.co.il

Electronic Reporter Address: Alied Cities Tower, 26th floor, Ramat Hasharon 4713402

Phone: 073-2600407 Fax: 073-2600507

Email: [email protected]

Short Name: BIG

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

Date of form structure update: 06/08/2024

Attachments:

SharesRegister23Dec2025_isa.pdf

Alt: Register of shareholders as of December 23, 2025, in PDF form.

SecuritiesRegister23Dec2025_isa.pdf

Alt: Updated register of the corporation's securities as of December 23, 2025, includes options and bonds ledgers in PDF form.

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