Generation Capital Ltd. — Share Issue/Capital Change 2026

Jun 3, 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

Number in the register: 515846558

To: Israel Securities Authority

www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd

www.tase.co.il

T087 (Public)

Filed via MAGNA: 03/06/2026

Reference:

2026-01-053139

Capital status, grant of rights to purchase shares and the corporation's securities registers and changes therein

Regulation 31e of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports) 5730 - 1970

Nature of the change: Conversion of BONDS (Series 4) convertible

Explanation: A brief description of the nature of the change should be provided

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

1. The corporation's securities status after the change:

Name and type of security	Security No. on the Stock Exchange	Amount in registered capital	Issued and paid-up capital		Quantity registered in the name of registration company
			Quantity in last report	Current quantity
Generation Capital, ordinary share	1156926	10,000,000,000	1,741,610,623.35	1,752,020,060.31	1,752,020,060.31
Non-tradable warrants for shares	1156934	__	107,125,833	107,125,833	0
BONDS (Series 2)	1177526	__	415,187,660	415,187,660	415,187,660
BONDS (Series 3)	1184555	__	838,207,200	838,207,200	838,207,200
BONDS (Series 4) convertible	1214964	__	47,082,512.93	38,213,360.32	38,213,360.32
Non-tradable warrants for shares – investors	1230531	__	154,274,574	154,274,574	0

Explanation: All company securities must be detailed, including securities not listed for trading.

1. The corporation reports that:

☐ On the date

☐ From date 29/05/2026 to date 03/06/2026

A change has occurred in the quantity and registry of the corporation's security holders (including rights to purchase shares) as a result of:

Description of nature of the change Conversion of BONDS (Series 4) convertible

Explanation: The full details of the transaction or action resulting in a change in the corporation's securities must be described.

Name of registered holder to whom the change relates: TASE Nominee Company Ltd

Type of I.D. No.: Number in the Israeli Registrar of Companies I.D. No.: 515736817

Nature of the change: Conversion of BONDS

Date of change: 03/06/2026 Executed via the Stock Exchange Clearing House: Yes

Type and name of security in which change occurred: Generation Capital, ordinary share

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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.

Security No. on the Stock Exchange: 1156926

Holder's balance in the security in last report: 1,741,610,623.35

Holder's balance in this security after the change: 1,752,020,060.31

Total quantity of securities by which a decrease/increase occurred: 10,409,436.96

Is this a grant of rights to purchase shares No

Total consideration for securities allotted: ____

Security number on the Stock Exchange of the share to be derived from exercise of the security: ____

Number of shares to be derived from full exercise/conversion of the security: ____

Total exercise premium to be received upon full exercise/conversion of the security into shares:

---

Period in which the security may be exercised: ____

From _until _

The securities allotted will be registered for trading: ____

The said securities allotment is further to _published on _and its reference number is _

☐ The security has been fully redeemed and full consideration received.
☐ The security has been fully redeemed, but consideration has not been fully received.
☐ Issued for an ATM program
☐ Other.

Name of registered holder to whom the change relates: TASE Nominee Company Ltd

2

Type of I.D. No.: Number in the Israeli Registrar of Companies I.D. No.: 515736817

Nature of the change: Conversion of BONDS _

Date of change: 03/06/2026 Executed via the Stock Exchange Clearing House: Yes

Type and name of security in which change occurred: BONDS (Series 4) convertible

Security No. on the Stock Exchange: 1214964

Holder's balance in the security in last report: 47,082,512.93

Holder's balance in this security after the change: 38,213,360.32

Total quantity of securities by which a decrease/increase occurred: 8,869,152.61

Is this a grant of rights to purchase shares No

Total consideration for securities allotted: ____

Security number on the Stock Exchange of the share to be derived from exercise of the security: ____

Number of shares to be derived from full exercise/conversion of the security: ____

Total exercise premium to be received upon full exercise/conversion of the security into shares:

---

Period in which the security may be exercised: ____

From _until _

The securities allotted will be registered for trading: ____

---

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.

The said securities allotment is further to _ published on _ and its reference number is _

The security has been fully redeemed and full consideration received.
The security has been fully redeemed, but consideration has not been fully received.
$\bigcirc$ Issued for an ATM program
Other.

Explanations:

1. If the change affects more than one security, the effect of the change must be detailed in a separate line for each security.
2. Date of change - all changes of the same type, in the same security, carried out on one day, will be summarized in a single line. For this purpose - changes carried out via the Stock Exchange Clearing House must be separated from changes carried out directly in the company's books.
3. The change - for a decrease, the sign "-" should be added.
4. In all quantity fields, the quantity of securities must be entered and not NIS par value.

There has been a change only in the registry of the corporation's security holders (without a change in the quantity of the corporation's securities) as a result of:

Description of nature of the change

Explanation: The full details of the transaction or action resulting in a change in the registry must be described

1 Name of registered holder to whom the change relates:
Type of I.D. No.: I.D. No.:
Date of change: Executed via the Stock Exchange Clearing House:
Type and name of security in which change occurred:
Security No. on the Stock Exchange:
Quantity of change:
Holder's balance in this security after the change:

1. Main shareholders' register as of the report date is as follows:

No.	Name of registered shareholder	Type of I.D. No.	I.D. No.	Security number on the Stock Exchange	Type of shares and their par value	Number of shares	Whether holds the shares as trustee
1	TASE Nominee Company Ltd	Number in the Israeli Registrar of Companies	515736817	1156926	Ordinary shares without par value	1,752,020,060.31	No

1. Attached is a file of the shareholders register in accordance with the provisions of Section 130 of the Companies Law, 5759 - 1999
2. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of BONDS holders Generation.isa.pdf

Details of authorized signatories on behalf of the corporation:

	Name of signatory	Position
1	Itay Peled	Chief Financial Officer

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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 signatory	Position
2 Baruch Saute	Other
Legal Counsel and Fund Secretary

Explanation: Pursuant to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730 – 1970), a report filed under these Regulations will be signed by those authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the Authority's website: Click here.

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

The corporation's securities are listed for trading on the Tel-Aviv Stock Exchange

Form structure update date: 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: Peled ItayPosition: Chief Financial OfficerName of employing company:

Address: Nissim Aloni 10, Tel Aviv-Yafo6291924Telephone: 072-2758900Fax: 072-2758900Email: itayp@generation.co.il