Blue Square Real Estate Ltd.

Major Shareholding Notification • Jan 8, 2026

2024-06-12

Below is the securities holdings balance in securities that are not shares or convertible into shares as of 31.12.25

.No	Name of holder and type (Nostro account, mutual funds, provident fund, study funds, pension)	Type of identification number	Identification number	Country of citizenship / incorporation or registration	Name, type and series of the security	Stock exchange security number	Updated quantity of securities	Balance in previous main report (number of securities)	Change in number of (-/+) securities	Maximum holding rate in the security during the report period	Minimum holding rate in the security during the report period	Is the holder allowed to report changes in holdings cumulatively	Remarks
12	Menora Mivtachim Holdings Ltd - Provident Funds and Provident Fund Management Companies	Companies Registrar Number	520007469	Israel	Government bond 6 series	1140607	8,448,796.43	16,897,592.87	8,448,796.44-	2.41%	1.21%	Yes	See remark at holder 3. The holdings include holdings of a partnership where all right owners are institutional reporting group companies from the Menora Mivtachim Group (amount of 8,448,796.43 par value). The partnership itself is not a company managing provident funds. According to the partnership agreement between the right owners in the partnership, the holding rate of the right owners in the partnership changes periodically in accordance with the mechanism set in the partnership agreement. As of December 31, 2025, the holding rates in the partnership of government bond 106 series in Israel: 25.8% profit-sharing, and 74.2% pension and provident funds.
13	Menora Mivtachim Holdings Ltd - Provident Funds and Provident Fund Management Companies	Companies Registrar Number	520007469	Israel	Government bond 7 series	1140615	1,242,306.31	2,428,144.16	1,185,837.85-	1.67%	0.86%	Yes	See remark at holder 3 and holder 12. The holdings include holdings of a partnership where all right owners are institutional reporting group companies from the Menora Mivtachim Group (amount of 1,242,306.31 par value). The partnership itself is not a company managing provident funds.
14	Menora Mivtachim Holdings Ltd - Provident Funds and Provident Fund Management Companies	Companies Registrar Number	520007469	Israel	Government bond 8 series	1157569	60,737,318.37	74,234,500.12	13,497,181.75-	8.94%	7.31%	Yes	See remark at holder 3 and holder 12. The holdings listed under Pension+Provident include direct holdings (amount of 16,402,617.87 par value) as well as holdings of a partnership where all right owners are institutional reporting group companies from the Menora Mivtachim Group (amount of 44,334,700.50 par value). The partnership itself is not a company managing provident funds.
15	Menora Mivtachim Holdings Ltd - Provident Funds and Provident Fund Management Companies	Companies Registrar Number	520007469	Israel	Government bond 9 series	1174556	118,000,000	30,000,000	88,000,000	7.42%	1.89%	Yes	See remark at holder 3 and holder 12. The holdings include holdings of a partnership where all right owners are institutional reporting group companies from the Menora Mivtachim Group (amount of 118,000,000 par value). The partnership itself is not a company managing provident funds.

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.No	Name of holder and type (Nostro account, mutual funds, provident fund, study funds, pension)	Type of Identification number	Identification number	Country of citizenship / incorporation or registration	Name, type and series of the security	Stock exchange security number	Updated quantity of securities	Balance in previous main report (number of securities)	Change in number of (-/+) securities	Maximum holding rate in the security during the report period	Minimum holding rate in the security during the report period	Is the holder allowed to report changes in holdings cumulatively	Remarks
16	Migdal Holdings Insurance and Finance Ltd - Profit-sharing Life Insurance Accounts	Companies Registrar Number	520029984	Israel	Government bond 6 series	1140607	120,476,343	156,540,733	36,064,390-	17.20%	11.17%	Yes	See remark at holder 4. According to agreements between the partners in the partnership, the holding rate of the right owners in the partnership changes periodically according to the mechanism set in the partnership agreement. Below are the holding rates in the partnership of the right owners as of December 31, 2025: Migdal for Profitsharing Life Insurance Accounts 46.74%, Pension and Provident Funds - 53.26%.
17	Migdal Holdings Insurance and Finance Ltd - Profit-sharing Life Insurance Accounts	Companies Registrar Number	520029984	Israel	Government bond 8 series	1157569	113,180,366	138,331,558	25,151,192-	16.65%	13.62%	Yes	See remark at holder 4 and holder 16.
18	Migdal Holdings Insurance and Finance Ltd - Profit-sharing Life Insurance Accounts	Companies Registrar Number	520029984	Israel	Government bond 9 series	1174556	323,405,603	288,405,603	35,000,000	20.34%	13.53%	Yes	See remark at holder 4 and holder 16.
19	Migdal Holdings Insurance and Finance Ltd - Profit-sharing Life Insurance Accounts	Companies Registrar Number	520029984	Israel	Government bond 10 series	1213396	88,213,000	88,213,000	0	9.81%	9.81%	Yes	See remark at holder 4 and holder 16.
20	Migdal Holdings Insurance and Finance Ltd - Nostro account	Companies Registrar Number	520029984	Israel	Government bond 8 series	1157569	15,565,914	19,025,006	3,459,092-	2.29%	1.87%	Yes	See remark at holder 4.
21	Migdal Holdings Insurance and Finance Ltd - Nostro account	Companies Registrar Number	520029984	Israel	Government bond 9 series	1174556	42,973,297	42,973,297	0	2.70%	1.80%	Yes	See remark at holder 4.
22	Migdal Holdings Insurance and Finance Ltd - Mutual funds	Companies Registrar Number	520029984	Israel	Government bond 6 series	1140607	15,175,630	59,143,504	43,967,874-	4.23%	1.78%	Yes	See remark at holder 4.
23	Migdal Holdings Insurance and	Companies Registrar Number	520029984	Israel	Government bond 7 series	1140615	5,917,988	15,583,759	9,665,771-	8.20%	3.71%	Yes	See remark at holder 4.

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.

.No	Name of holder and type (Nostro account, mutual funds, provident fund, study funds, pension)	Type of identification number	Identification number	Country of citizenship / incorporation or registration	Name, type and series of the security	Stock exchange security number	Updated quantity of securities	Balance in previous main report (number of securities)	Change in number of (-/+) securities	Maximum holding rate in the security during the report period	Minimum holding rate in the security during the report period	Is the holder allowed to report changes in holdings cumulatively	Remarks
	Finance Ltd - Mutual funds
24	Migdal Holdings Insurance and Finance Ltd - Mutual funds	Companies Registrar Number	520029984	Israel	Government bond 8 series	1157569	24,331,200	29,582,362	5,251,162-	3.04%	2.86%	Yes	See remark at holder 4.
25	Migdal Holdings Insurance and Finance Ltd - Mutual funds	Companies Registrar Number	520029984	Israel	Government bond 9 series	1174556	69,539,554	50,865,559	18,673,995	4.50%	2.91%	Yes	See remark at holder 4.

2024-06-10

NIS 10.

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	Migdal Holdings 1213396	Insurance 27,605,224	32,185,325	Company	Registrar -4,580,101	Number 3.67%	and 2.98% Yes	Finance Ltd. - See note in	Mutual Funds Holder 4.	Companies	520029984	Trusteeship	Israel Series 10 Bonds
27	Migdal Holdings Insurance and Finance Ltd Mutual Fund Trusteeship	Company Registrar Number	520029984 Israel		Commercial Paper 2		1220672 8,061,575	8,000,000	61,576		16.78% 16.65% Yes		See note in Holder 4. It should be noted that the quantity of securities stated above reects the number of traded units of the commercial securities. According to the guidelines for the third part of the Exchange's regulations, each such unit has a par value of

1110	re informati	on, pieas	se review	the i	egai discia	anner.
28	Phoenix Finance Ltd Nostro Account	Company Registrar Number	520017450	Israel	Series 7 Bonds	1140615	619,069.08	1,209,998.66	-590,929.58	0.83%	0.43%	Yes	The group's holdings in the securities include, among others, holdings through Nostro account and/or accounts for participating life insurance profits and/or accounts for managing pension funds or pension fund management companies and/or through designated partnerships holding securities for the company's members.
29	Phoenix Finance Ltd Nostro Account	Company Registrar Number	520017450	Israel	Series 8 Bonds	1157569	7,509,679.83	9,178,497.98	-15,818,168.00	1.10%	0.90%	Yes	See note in Holder 28.
30	Phoenix Finance Ltd Nostro Account	Company Registrar Number	520017450	Israel	Series 9 Bonds	1174556	15,536,949.17	15,536,949.17	0	1.55%	0.98%	Yes	See note in Holder 28.
31	Phoenix Finance Ltd Nostro Account	Company Registrar Number	520017450	Israel	Series 10 Bonds	1213396	19,500,000	19,500,000	0	4.74%	2.17%	Yes	See note in Holder 28.
32	Phoenix Holdings Ltd Pension Funds and Companies Managing Pension Funds	Company Registrar Number	520017450	Israel	Series 6 Bonds	1140607	21,221,358.90	43,503,590.19	-22,282,231.29	5.99%	3.61%	Yes	See note in Holder 8. The holdings in the bonds (Series 6) of the company appearing under pension funds include holdings of the Bond 106 Nazrani Public Partnership of a total of 20,116,071.76 bonds (Series 6) (Bond 106 Nazrani Public Partnership) as well as holdings of Phoenix Pension and Provident. Partnership of Bond Indices - Phoenix Pension and Provident 5.58%, Meitav-Participant 94.42%.
33	Phoenix Holdings Ltd Pension Funds and Companies Managing Pension Funds	Company Registrar Number	520017450	Israel	Series 7 Bonds	1140615	18,624,690.37	32,493,713	-15,022,869.63	22.06%	11.29%	Yes	See note in Holder 8 and Holder 32. The holdings in the bonds (Series 7) of the company appearing under pension funds include holdings of the Bond 106 Nazrani Public Partnership of 16,124,130.05 bonds (Series 7) (the partnership) as well as holdings of Phoenix Pension and Provident.
34	Phoenix Holdings Ltd Pension Funds and Companies	Company Registrar Number	520017450	Israel	Series 8 Bonds	1157569	104,160,371.99	127,307,121.37	-3,749,146.38	14.84%	12.14%	Yes	See note in Holder 8 and Holder 32. The holdings in the bonds (Series 8) of the company appearing under pension funds include holdings of the Bond 106 Nazrani Public Partnership of

	Managing Pension Funds												85,933,139.14 bonds (Series 8) (the partnership) as well as holdings of Phoenix Pension and Provident.
35	Phoenix Holdings Ltd Pension Funds and Companies Managing Pension Funds	Company Registrar Number	520017450	Israel	Series 9 Bonds	1174556	105,258,462.97	102,673,197.97	2,585,265	10.32%	5.44%	Yes	See note in Holder 8 and Holder 32. The holdings in the bonds (Series 9) of the company appearing under pension funds include holdings of the Bond 106 Nazrani Public Partnership of 53,942,457.95 bonds (Series 9) and Bond Indices Partnership 62 K of 1,266,218 bonds (Series 9) (the partnerships) as well as holdings of Phoenix Pension and Provident.
36	Phoenix Holdings Ltd Pension Funds and Companies Managing Pension Funds	Company Registrar Number	520017450	Israel	Series 10 Bonds	1213396	75,262,518	69,252,347	6,010,171	16.82%	7.70%	Yes	See note in Holder 8 and Holder 32. The holdings in the bonds (Series 10) of the company appearing under pension funds include holdings of the Bond 106 Nazrani Public Partnership of 69,550,518 bonds (Series 10) (the partnership) as well as holdings of Phoenix Pension and Provident.
37	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989	Israel	Series 6 Bonds	1140607	0	6,788.98	-6,788.98	0.04%	-0.29%	Yes
38	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989	Israel	Series 7 Bonds	1140615	82,067.42	41.26	82,026.16	0.06%	-0.18%	Yes
39	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989	Israel	Series 8 Bonds	1157569	34,682,354.21	44,662,091.17	-9,979,736.96	5.21%	4.08%	Yes	Of all the bonds (Series 8) reported above, 1,100,939 bonds (Series 8) are on loan.
40	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989	Israel	Series 9 Bonds	1174556	94,808,309.35	77,010,798.37	17,797,510.98	7.70%	4.81%	Yes	Of all the bonds (Series 9) reported above, 17,693,194 bonds (Series 9) are on loan.
41	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989	Israel	Series 10 Bonds	1213396	61,237,738.25	63,006,812.55	-1,769,074.30	15.50%	6.81%	Yes	Of all the bonds (Series 10) reported above, 593,271 bonds (Series 10) are on loan.
42	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989	Israel	Series 6 Bonds	1140607	0	6,788.98	-6,788.98	0.04%	-0.29%	Yes

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.

43	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989 Israel	Series 7 Bonds		1140615 82,067.42	41.26	82,026.16	0.06% -0.18% Yes
44	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989 Israel	Series 8 Bonds	1157569 26.51		-589.69	616.20	0.02% -0.02% Yes
45	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989 Israel	Series 9 Bonds		1174556 206,929.19	2,081.99	204,847.20	0.15% -0.04% Yes
46	Phoenix Investment House Ltd Market Maker	Company Registrar Number	520041989 Israel	Series 10 Bonds		1213396 77,313.75	125.45	77,188.30	0.01% -0.02% Yes

Negative holding rates reect short sale transactions.