GAV-YAM Lands Corp. Ltd. — Director's Dealing 2026

May 11, 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

Number in the Register: 520001736

To: Israel Securities Authority
www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd.
www.tase.co.il

T076 (Public)

Filed via MAGNA: 11/05/2026

Reference: 2026-01-043196

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 a change in holdings in securities of the reporting corporation only. For reporting a change in holdings in securities of a held company 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: Kobi Iluz

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

Kobi Iluz

Type of identification number: Identity card number

Identification number of the holder: 201171048

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

The hedge fund has the right to appoint a director or its representative to the company's board of directors

Is the holder serving as a representative for purposes of reporting for a number of shareholders holding together with him securities of the corporation: No

Name of the controlling shareholder in the interested party -

Identification number of the controlling shareholder in the interested party -

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

Country of citizenship / incorporation or registration: _____

Security number on the stock exchange: 1194349

Name and type of the security: Gav Yam RSU23

Nature of the change: Decrease __ Other

Due to vesting of RSU units

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the TASE Regulations, will be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was executed in this manner.

Is this a change from one transaction or from several transactions (cumulative change): One transaction

Date of change: 11/05/2026

Transaction price: 0 Currency Agorot

Whether they are dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 11,580 Holding rate out of all securities of the same type in the last report: % 14.97

Change in quantity of securities: 3,860-

Current balance (in quantity of securities): 7,720 Current holding rate out of all securities of the same type: % 10.85

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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.

Holding rate after the change: in equity: % 0.00 In voting power: % 0.0 Explanation: The holding rate after the change does not refer to convertible securities.
Holding rate after the change on a fully diluted basis: in equity: % 0.04 In voting power: % 0.04
Note no. 1
2 Name of corporation / last name and first name of the holder: Kobi Iluz Name of corporation / last name and first name of the holder in English as registered with the Registrar of Companies or in the passport: Kobi Iluz Type of identification number: Identity card number Identification number of the holder: 201171048 Type of holder: Senior officer who is not the CEO or a director and is not an interested party by virtue of holdings The hedge fund has the right to appoint a director or its representative to the company's board of directors _ Is the holder serving as a representative for purposes of reporting for a number of shareholders holding together with him securities of the corporation: No Name of the controlling shareholder in the interested party - Identification number of the controlling shareholder in the interested party - Citizenship / country of incorporation or registration: Private individual with Israeli citizenship Country of citizenship / incorporation or registration: _ Security number on the stock exchange: 759019 Name and type of the security: Ordinary share NIS 0.01 par value Nature of the change: IncreaseOther_ Due to vesting of RSU units Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the TASE Regulations, will be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was executed in this manner. Is this a change from one transaction or from several transactions (cumulative change): One transaction Date of change: 11/05/2026 Transaction price: 0 Currency Agorot Whether they are dormant shares or securities convertible into dormant shares: No Balance (in quantity of securities) in the last report: 0 Holding rate out of all securities of the same type in the last report: % 0.00 Change in quantity of securities: 3,860+ Current balance (in quantity of securities): 3,860 Current holding rate out of all securities of the same type: % 0.00 Holding rate after the change: in equity: % 0.00 In voting power: % 0.00 Explanation: The holding rate after the change does not refer to convertible securities. Holding rate after the change on a fully diluted basis: in equity: % 0.04 In voting power: % 0.04 Note no. 1
3 Name of corporation / last name and first name of the holder: Eran Harel

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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.

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

Eran Harel

Type of identification number: Identity card number

Identification number of the holder: 038794756

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

The hedge fund has the right to appoint a director or its representative to the company's board of directors

Is the holder serving as a representative for purposes of reporting for a number of shareholders holding together with him securities of the corporation: No

Name of the controlling shareholder in the interested party -

Identification number of the controlling shareholder in the interested party -

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

Country of citizenship / incorporation or registration: _____

Security number on the stock exchange: 1194349

Name and type of the security: Gav Yam RSU23

Nature of the change: Decrease Other

Due to vesting of RSU units

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the TASE Regulations, will be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was executed in this manner.

Is this a change from one transaction or from several transactions (cumulative change): One transaction

Date of change: 11/05/2026

Transaction price: 0.00 Currency Agorot

Whether they are dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 9,929 Holding rate out of all securities of the same type in the last report: $\%$ 12.68

Change in quantity of securities: 3,310-

Current balance (in quantity of securities): 6,619 Current holding rate out of all securities of the same type: % 9.31

Holding rate after the change: in equity: % 0.00 In voting power: % 0.00

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

Holding rate after the change on a fully diluted basis: in equity: % 0.04 In voting power: % 0.04

Note no. 1

4 Name of corporation / last name and first name of the holder: Eran Harel

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

Eran Harel

Type of identification number: Identity card number

Identification number of the holder: 038794756

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

The hedge fund has the right to appoint a director or its representative to the company's board of directors

---

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.

Is the holder serving as a representative for purposes of reporting for a number of shareholders holding together with him securities of the corporation: No

Name of the controlling shareholder in the interested party -

Identification number of the controlling shareholder in the interested party -

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

Country of citizenship / incorporation or registration: _____

Security number on the stock exchange: 759019

Name and type of the security: Ordinary share NIS 0.01 par value

Nature of the change: IncreaseOther

Due to vesting of RSU units

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the TASE Regulations, will be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was executed in this manner.

Is this a change from one transaction or from several transactions (cumulative change): One transaction

Date of change: 11/05/2026

Transaction price: 0.00 Currency Agorot

Whether they are dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 0 Holding rate out of all securities of the same type in the last report: $\%$ 0.00

Change in quantity of securities: 3,310+

Current balance (in quantity of securities): 3,310 Current holding rate out of all securities of the same type: % 0.00

Holding rate after the change: in equity: % 0.00 In voting power: % 0.00

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

Holding rate after the change on a fully diluted basis: in equity: % 0.04 In voting power: % 0.04

Note no. 1

Note: If the value "Increase due to compulsory purchase of borrowed securities" or the value "Decrease due to compulsory sale of borrowed securities" is selected, then borrowed securities that were not returned to the lender and accordingly the lending action became a compulsory purchase and the lending action a compulsory sale

No.

Note

1

The holding rate on a fully diluted basis in this report above was calculated on the theoretical assumption of exercise of all non-tradable warrants granted to employees and officers of the company, under the company's option plan from February 2023, into ordinary shares of the company at a ratio of 1 to 1. It is clarified that the aforementioned assumption is theoretical only, since according to the terms of the said plan and options, the exercise shares will be allotted in a quantity that will reflect only the value of the monetary benefit embedded in the options (Cashless).

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

If all the consideration was not paid on the date of the change, please specify the date on which payment will be completed:

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

Explanation: The holding rates must be specified taking into account all securities held by the interested party.

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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.

1. The date and time on which the corporation first became aware of the event or matter 11/05/2026 At 08:00
2. Details of the actions that caused the change

Details of the authorized signatories 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's position on the matter can be found on the Authority's website: Click here.

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

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

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

Short name: Gav Yam

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

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

Name of electronic reporter: Weitzman ShiriPosition: Company SecretaryName of employing company:

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