Generation Capital Ltd. — M&A Activity 2026

May 18, 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.

Generation Capital Ltd

GENERATION CAPITAL LTD

Registrar number: 515846558

To: Israel Securities Authority

www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd

www.tase.co.il

T053 (Public)

T053

Transmitted by MAGNA: 18/05/2026

Reference:

2026-01-045495

Immediate report on an event or matter that deviates from the ordinary course of the corporation's business

Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970

Results of an issuance must be reported on T20 and not on this form.

A report on rating of BONDS or rating of a corporation must be submitted by means of form T125

Report on: ☐ Report whose submission was delayed

Nature of the event: Entry into a memorandum of understanding for the acquisition of Shikun & Binui Energy Ltd

1. ---

Memorandum of Understanding for the Acquisition of Shub Energy isa.pdf

1. The date and time on which the corporation first became aware of the event or matter:

☐ 18/05/2026 at 01:18.

☐ ____

Report that was delayed in accordance with Regulation 36(b):

1. If the report was delayed – the reason for which its submission was delayed:

2. On the date _ at _ the impediment to reporting was removed.

3. ☐ The company is a shell company as defined in the TASE Regulations.

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

Name of signatory	Position
Itay Peled	Chief Financial Officer
Baruch Saute	Other Legal Counsel and Fund 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 the persons authorized to sign on behalf of the corporation. The staff's position on this matter can be found on the Authority's website: Click here.

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

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

Date of last update of the form structure: 06/08/2024

Short name: Generation Capital

Address: Nissim Aloni10, Tel Aviv6291924 Telephone: 072-2758900, Fax: 072-2758900

Email: GenerationIR@generation.co.il Company

website: generationcapital.co.il

Previous names of reporting entity:

Name of electronic reporter: Saute Baruch Position: Legal Counsel and Company Secretary Name of employing company:

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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: Nissim Aloni10, Tel Aviv 6291924 Telephone: 072-2758900 Fax: 072-2758900 Email: BaruchS@generation.co.il