GAV-YAM Lands Corp. Ltd.

Director's Dealing • Nov 5, 2025

GAV-YAM LANDS CORP. LTD

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 the reporting corporation's securities only. For reporting changes in holdings of securities of ^a subsidiary whose activity is material to the reporting corporation's activity, use Form T121.

1. Details of Holder

Name (Hebrew): Tal Falb Peleg

Name (English, as filed): Tal Falb Peleg

Type of ID: ID Card Number ID Number: 032755043

• Type of Holder: Senior officer who is not the CEO or director and is not an interested party by virtue of holdings
• Is the hedge fund entitled to appoint a director or its representative to the company board? _________
• Is the holder acting as a representative for the reporting of multiple shareholders holding together? No
• Name of controlling shareholder in the interested party: -
• ID of controlling shareholder in interested party: -
• Citizenship/ Country of registration: Individual with Israeli citizenship
• Country of citizenship/registration: _______

Security 1

Security Number: 1194349

Name & Type of Security: Gav Yam RSU23

Essence of Change: Decrease, Other

Due to RSU unit vesting

Accumulated or Single Transaction? Single transaction

Date of Change: 05/11/2025 Transaction Price: 0 agorot

Are these dormant shares or convertible securities into dormant shares? No

Balance in last report (quantity): 6,414

Holding percentage of this type in last report (%): 4.68

Change in quantity of securities: 3,207-

Current balance: 3,207

Current holding percentage of this type (%): 2.40

Holding percentage after change: capital: 0.00%

Holding percentage after change: voting rights: 0.00%

Explanation: After the change, the holding percentage does not refer to convertible securities.

Holding percentage after change in full dilution: capital: 0.03%

Holding percentage after change in full dilution: voting rights: 0.03%

Note Number: 1

Security 2

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.

Security Number: 759019

Name & Type of Security: Ordinary share 0.01 ILS par value

Essence of Change: Increase, Other

Due to RSU unit vesting

Accumulated or Single Transaction? Single transaction

Date of Change: 05/11/2025 Transaction Price: 0 agorot

Are these dormant shares or convertible securities into dormant shares? No

Balance in last report (quantity): 3,207

Holding percentage of this type in last report (%): 0.00

Change in quantity of securities: +3,207

Current balance: 6,414

Current holding percentage of this type (%): 0.00

Holding percentage after change: capital: 0.00%

Holding percentage after change: voting rights: 0.00%

Explanation: After the change, the holding percentage does not refer to convertible securities.

Holding percentage after change in full dilution: capital: 0.03%

Holding percentage after change in full dilution: voting rights: 0.03%

Note Number: 1

Note:

"The holding percentages under full dilution in this report above were calculated under the theoretical assumption of the full exercise of all non-tradable warrants granted to employees and officers of the company, under the company's option plan from February 2023 for regular shares of the company at a 1-to-1 ratio. It is clarified that this assumption is purely theoretical, since under the terms of the plan and said warrants, the exercise shares will be allocated in a quantity reflecting only the financial benefit embedded in the warrants (Cashless)."

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.

			1. Was all consideration paid on the date of change? Yes
--	--	--	----------------------------------------------------------	--	--	--	--	--	--

1. If not all consideration was paid, date of completion: _______

2. If the change took place by signing a loan contract, state details about the ending of the loan: _______

3. Date and time the corporation first became aware of the event: 05/11/2024, at 08:00

4. Description of actions that caused the change: _______

Authorized Signatories for the Corporation:

#	Name	Position
1	Mark Zak	CFO
2	Shiri Weitzman	Corporate Secretary

Explanation: According to Regulation 5 to the Securities Regulations (Periodic and Immediate Reports), 1970, a report filed under these regulations must be signed by the persons authorized to sign for the corporation. The staff position on this matter can be found on the ISA website: Click here.

Additional Information

Short name: Gav Yam

Address: P.O.B. 15041, Haifa 31905 Phone: 04-6644200, 04-6644222

Fax: 04-8533567

Email: info@gav-yam.co.il

Company website: www.gav-yam.co.il

Electronic Signatory Details

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.

Name: Shiri Weitzman

Position: Corporate Secretary

Company:

Address: Andrei Sakharov 9, Haifa 31905

Phone: 052-6898200 Fax: 04-8522859

Email: shiri@gav-yam.co.il

Previous corporate names: GAV-YAM LANDS CORP. LTD

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

Date of last form structure update: 04/02/2025

End of translation.