Electra Real Estate Ltd. — Major Shareholding Notification 2025

Sep 1, 2025

ELECTRA REAL ESTATE LTD

Registry Number: 510607328

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Sent via MAGNA: 01/09/2025 ISA Website: www.isa.gov.il TASE Website: www.tase.co.il Reference: 2025-01-066000

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. For reporting 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. Holder Details

1.1

• Name of holder (Hebrew): Levy Ohad
• Name of holder (English): Levy Ohad
• Type of identification number: Identity card number
• Holder's identification number: 040690778
• 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 a representative for reporting purposes of several shareholders holding together with him securities of the corporation? No
• Name of controlling shareholder in the interested party: None
• ID of controlling shareholder in the interested party: None
• Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: _________
• Security number on the stock exchange: 1197193
• Name and type of security: Employee warrants non-tradable
• Nature of change: Increase (due to private placement)
• Is it a change in a single transaction or multiple transactions (cumulative change): Single transaction
• Date of change: 01/09/2025
• Transaction rate: 0 agorot
• Are these dormant shares or securities convertible into dormant shares: No
• Balance (number of securities) in last report: 0
• Holding percentage of total securities of the same type in last report: 0%
• Change in number of securities: +135,194
• Current balance (number of securities): 135,194
• Current holding percentage of total securities of the same type: 12.62%
• 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 full dilution: In capital: 0.24% In voting rights: 0.24%

• Note number: 1

• Name of holder (Hebrew): Maor Moyal Roy

• Name of holder (English): Maor Moyal Roy
• Type of identification number: Identity card number
• Holder's identification number: 066474776
• 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 a representative for reporting purposes of several shareholders holding together with him securities of the corporation? No
• Name of controlling shareholder in the interested party: None
• ID of controlling shareholder in the interested party: None
• Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: _________
• Security number on the stock exchange: 1197193
• Name and type of security: Employee warrants non-tradable
• Nature of change: Increase (due to private placement)
• Is it a change in a single transaction or multiple transactions (cumulative change): Single transaction
• Date of change: 01/09/2025
• Transaction rate: 0 agorot
• Are these dormant shares or securities convertible into dormant shares: No
• Balance (number of securities) in last report: 0
• Holding percentage of total securities of the same type in last report: 0%
• Change in number of securities: +135,194
• Current balance (number of securities): 135,194
• Current holding percentage of total securities of the same type: 12.62%
• 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 full dilution: In capital: 0.22% In voting rights: 0.22%

• Note number: 1

• Name of holder (Hebrew): Fiorentino Oded Emanuel

• Name of holder (English): Fiorentino Oded Emanuel
• Type of identification number: Identity card number
• Holder's identification number: 037777356
• 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 a representative for reporting purposes of several shareholders holding together with him securities of the corporation? No
• Name of controlling shareholder in the interested party: None
• ID of controlling shareholder in the interested party: None
• Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship
• Country of citizenship / incorporation or registration: _________
• Security number on the stock exchange: 1197193
• Name and type of security: Employee warrants non-tradable
• Nature of change: Increase (due to private placement)
• Is it a change in a single transaction or multiple transactions (cumulative change): Single transaction
• Date of change: 01/09/2025
• Transaction rate: 0 agorot
• Are these dormant shares or securities convertible into dormant shares: No
• Balance (number of securities) in last report: 0
• Holding percentage of total securities of the same type in last report: 0%
• Change in number of securities: +101,395
• Current balance (number of securities): 101,395
• Current holding percentage of total securities of the same type: 9.46%
• 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 full dilution: In capital: 0.18% In voting rights: 0.18%
• Note number: 1

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

Notes Table

No.

Note

1

The warrants were allocated without consideration. The holding percentage after the change on full dilution assumes only a theoretical scenario of exercising all existing options in the company, including the allocated options, into shares, at a 1:1 ratio. In practice, upon exercise, the option holders will be allocated shares in reflecting benefit a quantity only the monetary embedded in the options (net exercise - cashless). ** The warrants were allocated to Altshuler Trustees Ltd.

1. Was the entire consideration paid at the time of the change? No

If not, please specify the date of completion of payment: Not relevant.

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

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

• 1. The date and time the corporation first became aware of the event or matter: 01/09/2025 at 11:00
• 1. Details of the actions that caused the change: _________

Details of the authorized signatories on behalf of the corporation:

No.	Name	Position
1	Eliezer Vasli	Deputy CEO Finance
2	Ohad Levy	Other (Deputy CEO Accounting and Control)

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: ELECTRA REAL ESTATE LTD

Address: Yigal Alon 98, Tel Aviv 6789141 Phone: 03-7101700 Fax: 03-7101720

Email: corpsecretary@ere.co.il Company website: https://electra-re.com/

Previous names of the reporting entity:

Electronic reporter name: Vasli Eliezer Position: Deputy CEO Finance Employer company name: Elco Holdings Ltd.

Address: Yigal Alon 98, Tel Aviv 6789141 Phone: 03-6939678 Fax: 03-6939656 Email: eliv@elco.co.il