GAV-YAM Lands Corp. Ltd. — Capital/Financing Update 2026

May 17, 2026

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.

Gav-Yam Land Corporation Ltd.

GAV-YAM LANDS CORP. LTD

Company no.: 520001736

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd.

www.tase.co.il

T121 (Public)

Filed via MAGNA: 17/05/2026

Reference no.: 2026-01-045263

Immediate report for general material information

Explanation: Do not use this form when there is a form adapted to the reported event.

This reporting form is intended for material reports for which there is no suitable dedicated form.

Issuance results must be reported on T20 and not on this form.

A report on rating of BONDS or rating of a corporation must be submitted via form T125.

Nature of the event: Examination of a possible debt raising from the public

Reference numbers of previous reports on the subject: _, _, ____.

Gav-Yam Land Corporation Ltd. (hereinafter: the "Company") is honored to announce that on May 17, 2026, the Company's Board of Directors approved the examination of the possibility of raising debt by expanding existing BOND series of the Company (Series 8 and 12) (hereinafter together: the "BONDS"), all under the Company's shelf prospectus dated May 9, 2025. It should be emphasized that the scope of the said issuance and its date will be as determined in the shelf offering report that will be published by the Company, under which the said BONDS will be issued, if indeed it is published. It should be noted that the Company intends, on Monday, May 18, 2026, to carry out a tender for classified investors for the BONDS (as this term is defined in the Securities Regulations (Manner of Offering Securities to the Public), 2007) ("classified investors" and the "institutional tender", respectively). The classified investors who respond within the institutional tender will be entitled to an early commitment fee of $0.4\%$ for BONDS (Series 8) and $0.6\%$ for BONDS (Series 12) of the total (gross) consideration, for the BONDS in respect of which they undertook to submit orders within the public tender (if held), all as will be detailed in the shelf offering report that will be published by the Company as stated above (if and to the extent it is published). It is clarified that no decision has yet been made regarding the execution of any issuance of the securities, its scope and its terms. The execution of the said issuances is subject, inter alia, to a final decision of the Company's Board of Directors, the publication of shelf offering reports and the receipt of approvals from the Tel Aviv Stock Exchange Ltd. for trading registration. Nothing stated herein shall constitute a commitment of the Company to carry out an issuance and/or a public offering of securities, and there is no certainty that such an issuance will in fact be carried out and/or what its terms will be.

Attached file

The Company is not a shell company as defined in the TASE Regulations

The date on which the corporation first became aware of the event: 17/05/2026At: 16:00

Details of the signatories authorized to sign on behalf of the corporation:

	Name of signatory	Position
1	Mark Zak	Chief Financial Officer
2	Shiri Weitzman	Company Secretary

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, a report submitted pursuant to 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: Press here.

Reference numbers of previous documents on the subject (the reference does not constitute inclusion by way of reference):

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

Form structure update date:

06/08/2024

Short name: Gav Yam

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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.

Address: P.O.B. 15041, Haifa31905 Telephone: 04-6644200, 04-6644222Fax: 04-8533567

E-mail: info@gav-yam.co.il Company website: www.gav-yam.co.il

Former names of reporting entity: Gav-Yam Land Corporation Ltd.

Name of electronic reporter: Weitzman ShiriPosition: Company SecretaryEmploying company name:

Address: Andre Sakharov9, Haifa31905Telephone: 052-6898200Fax: 04-8522859E-mail: shiri@gav-yam.co.il