Carasso Motors Ltd.

Major Shareholding Notification • Oct 19, 2025

CARASSO MOTORS LTD

CARASSO MOTORS LTD

Registration Number: 514065283

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Transmitted via MAGNA: 19/10/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01- 077062

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, if its activity is material to the activity of the reporting corporation, use Form T121.

1

Name of corporation/last name and first name of the holder: Kenet Abraham

Name of corporation/last name and first name of the holder in English as registered with the Companies Registrar or in the passport: Kenet Abraham

Type of identification number: ID number

Holder's identification number: 054549894

Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings

Does the hedge fund have the right to appoint a director or representative to the company's board?

Is the holder acting as a representative for the purpose of reporting on behalf of several shareholders holding securities of the corporation together with him? No

Name of controlling shareholder in the interested party: L.R.

Identification number of controlling shareholder in the interested party: L.R.

Citizenship/country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship/incorporation or registration:

Security number on the stock exchange: 1172766

Name and type of security: CARASSO M'AP02/21B, warrant for share

Nature of the change: Decrease

Convertible securities due to their conversion to shares or their redemption

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of change: 19/10/2025

Transaction rate: 318 agorot

Are these dormant shares or convertible securities to dormant shares: No

Balance (in number of securities) in the last report: 30,229 Holding percentage of total securities of the same type in the last report: % 6.34

Change in number of securities: 22,787-

Current balance (in number of securities): 7,442 Current holding percentage of total securities of the same type: % 1.64

Holding percentage after the change: in capital: % 0 In voting rights: % 0

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

Holding percentage after the change on a fully diluted basis: in capital: % 0.21 In voting rights: % 0.21

Note number 1

Note: If a value of increase due to a forced purchase of loaned securities or a value of decrease due to a forced sale of loaned securities is selected, then loaned securities that were not returned to the lender and thus the lending action became a forced purchase and the lending action a forced sale.

No.	Note
1	Mr. Abraham Kenet serves as VP of Trade in the company. Realization of 22,787 warrants (series 2 for a total of 21,018 ordinary shares of the company through a net exercise mechanism (Cashless). The exercised shares were sold in a same day sale by the trustee at a transaction rate of 4,211 agorot.

1. Was the entire consideration paid at the time of the change? Yes

If not all the consideration was paid at the time of the change, please specify the date of completion of the payment:

1. If the change is by way of signing a loan agreement, please specify details regarding the manner of ending the loan:

Explanation: The holding percentages should be stated taking into account all securities held by the interested party.

• 1. The date and time the corporation first became aware of the event or matter: 19/10/2025 at 10:30
• 1. Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

No.	Name	Position
1	Dror Shila	VP Finance
2	Nir Farber	Other (Legal Advisor and Company Secretary)

Explanation: 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 position on the matter can be found on the Authority's website: Click here.

Previous reference numbers of documents on the subject (the mention does not constitute inclusion by reference):

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

Short name: CARASSO MOTORS LTD

Address: Logistics Center, Park Re'em, P.O. Box 90, Bnei Ayish 60860 Phone: 08-8631111,

08-8631550 Fax: 08-8631556

Email: nirfa@carasso.co.il Company website: www.renault.co.il / www.nissan.co.il

Previous names of the reporting entity:

Electronic reporter name: Nir Farber Position: Chief Legal Advisor and Company Secretary Employer company name:

Address: Logistics Center, Park Re'em, P.O. Box 90, Bnei Ayish 60860 Phone: 08-8631111

Fax: 08-8631872 Email: nirfa@carasso.co.il

Form structure update date: 04/02/2025