Israel Canada (T.R) Ltd. — Proxy Solicitation & Information Statement 2026

Mar 4, 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.

Israel-Canada (T.R) Ltd.

Number in the Registrar: 520039298

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

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

T460 (Public)

Filed via MAGNA: 04/03/2026

Reference No.: 2026-01-019778

Immediate report on a meeting

Regulation 36b(a) and (d), and Regulation 36c of the Securities Regulations (Periodic and Immediate Reports), 1970

Explanation: If one of the items on the agenda of the meeting is approval of a transaction with a controlling shareholder or approval of an extraordinary offer, there is no need to report T138 in parallel.

Is it possible to vote by means of the electronic voting system: Yes

Note: The option to choose in this field is only for foreign corporations (that are not registered in Israel), and for corporations whose securities are not listed for trading. Use of the voting system will require the corporation to process all the votes received in this system.

Link to the website of the voting system where voting can be carried out: The voting system

Explanation: Eligible persons entitled to vote in the system will receive access details to the system from the TASE members.

The corporation hereby reports: Convening a meeting

Note: In the event of a change in the date of the meeting (postponement or bringing forward) select "Postponement of meeting" or "Postponement by court" or "Postponement to an unknown date".

The reference number of the last notice regarding the meeting is __, which was convened for the date ____

Reason for postponement or cancellation: __ ____

Explanation: The reference number of the last notice of convening or postponing the meeting should be indicated.

1. Type of security Share

Name of the security that confers entitlement: Israel Canada

The number of the security on the Stock Exchange that entitles the holder thereof to participate in the meeting 434019

The record date for entitlement to participate and vote in the meeting: 12/03/2026

Explanation: If a meeting is required for more than one security, a T460 report must be filed for each additional security separately. Reports in which additional security numbers are specified will require submission of a corrective report.

1. On the date: 18/02/2026

It was decided on Convening a meeting Special meeting

which will convene on Sunday on the date: 12/04/2026 at: 15:00

At the address: 2 HaMenofim Street, Herzliya, 8th floor

1. On the agenda:

Explanation: The numbering of the items on the agenda will be according to the order of their appearance in the meeting convening report if attached as a file.

Items/resolutions to be raised at the meeting:

1

The item / the resolution and its details:

Entering into a statutory merger transaction with Acro Group Ltd.

Declaration: There is no appropriate field for classification

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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.

Attention: A value from this table determines the wording of the shareholder's declaration in the Internet voting system. For the conversion table click here

Gender: __

Attention: Filling in this field is possible only when the resolution is for the appointment of an external director only. There is no obligation to state gender.

Type and identification number

Explanation: For resolutions relating to service of a director, the director's identification number must be entered.

Is it a transaction between the company and a controlling shareholder therein as stated in Sections 275 and 320(f) of the Companies Law? No

Does the transaction include a private offering __

With respect to how to fill in this section and the exemption granted to companies from parallel reporting of an additional form, see the notice to companies published in this regard at the following link: Link

Explanation for the section in the Companies Law or in the Securities Law or in another law for approval of the resolution Statutory merger under Section 320(a) of the Companies Law

Explanation: In a transaction with a controlling shareholder that does not fit any field in the table of statutory sections, select the field "Declaration: There is no appropriate field for classification" and select "Yes" transaction with a controlling shareholder.

Only in the case of a BONDS holders meeting where this is not a transaction with a controlling shareholder, and no suitable field is found in the table, it is necessary to explain and detail the relevant statutory sections by virtue of which the resolution is required.

Does the item require disclosure of affinity or other characteristic of the voting shareholder: No

Attention: These values can be selected only where "Declaration: There is no appropriate field for classification" was marked in the previous table and this is not a transaction between the company and its controlling shareholder.

In the case of a BONDS holders meeting

It was decided on the existence of another matter: __

Details of the other matter

Attention: The details of the other matter determine the wording of the declaration that will be included in the Internet voting system. It is necessary to formulate a question whose answer will be in the format "Yes"/"No". The question will appear in the voting system alongside the resolution on the agenda and the voter will have the option to choose between "Yes"/"No" and the option to add details if the answer is "Yes".

Request for additional details from the holders:

It was decided to require additional details from the holders: No

Details of the additional details required from the holders or the manner of convening the meetings (in the case of a meeting under Section 350):

Attention: This field determines the wording of the requirement for additional details that will be included in the Internet voting system. The voter will have the option to add the details in a text field.

☐ Correction of disclosure

☐ Minor change or one that only serves to benefit the company compared with the wording of the resolution detailed in the last report

☐ Removed from the agenda

☐ The item was discussed at a previous meeting

☐ Change of item / addition of a new item to the agenda by court order

Change of item / addition of a new item to the agenda pursuant to Regulation 5b of the Companies Regulations (Notice and Announcement of a General Meeting and a Class Meeting in a Public Company and Addition of an Item to the Agenda), 2000

☐ Addition of a new item to the agenda after the record date due to a technical error, as follows:

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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.

Explanation: After the record date, a correction to the resolution may not be made except for a correction in the terms of the transaction that benefits the company or a minor change. Likewise, after the record date, new items may not be added to the agenda except by court order or in accordance with Regulation 5b of the Notice and Announcement Regulations.

The resolution on the agenda is brought to a vote

Type of majority required for approval Simple majority

Will the percentage holdings of the controlling shareholder in the corporation's shares grant the controlling shareholder the majority required for adopting the proposed resolution on the item No

Attachment of the meeting convening report: 1_isa.pdf

4. Attachments

4.1 Attachment of a file including the wording of the voting deed / position statements: 2_isa.pdf

YesWording of voting deed

NoPosition statements

Explanation: If a voting deed and/or a position statement is attached, it should be ensured that they are drawn up in accordance with the Companies Regulations (Written Voting and Position Statements), 2005. The company must consolidate all the position statements (as defined in Section 88 of the Companies Law in one file) in which the date of publication of the statement, from whom it was received, and the reference to the relevant page in the consolidated file will be indicated.

4.2 Attachment of a file including candidates' declarations / other accompanying documents:

Declaration of the candidate to serve as a director in the corporation

Declaration of an independent director

Declaration of an external director

Declaration of appointment of a representative to the trusteeship

Amended trust deed

Application for approval of a creditors' arrangement under Section 350

Other

1. The legal quorum for holding the meeting:

The legal quorum for holding the meeting is the presence of at least two shareholders holding together not less than a quarter (25%) of the company's voting rights (including presence by proxy or voting deed), within half an hour from the time set for opening the meeting.

1. In the absence of a legal quorum, the adjourned meeting will be held on the date 13/04/2026, at 15:00,

At the address: At the offices of the company at 2 HaMenofim Street, Herzliya, 8th floor.

In the absence of a legal quorum the meeting will not be held.

1. The place and times at which it is possible to review any proposed resolution whose full wording was not brought in the detailed agenda above

The company's shareholders may review, upon their request, any document relating to the proposed transaction and any other document relating to the item on the agenda of the general meeting, at the company's offices, Sunday through Thursday, during normal working hours, by prior arrangement with Ms. Reut Hadar, VP - Legal Counsel and Company Secretary (telephone: 09-9720720).

Meeting identifier:

Note: The meeting identifier is the reference number of the initial report. In the initial report on the meeting this field remains blank.

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

	Name of signatory	Position
1	Guy Canada	Deputy Chief Executive Officer

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted pursuant to these Regulations will be signed by those authorized to sign on behalf of the corporation. Staff's position on the matter can be found on the ISA website: click here.

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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.

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

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange	Date of last update of the form structure: 09/12/2025
Short name: Israel Canada
Address: HaMenofim2, Herzliya Pituach4672553 Telephone: 09-9549091, Fax: 09-9518005
Email: guy@canada-israel.com
Former names of reporting entity: Pangala Real Estate Ltd., 3 Pan Technologies Ltd., Rav Kar Industries Ltd.
Name of electronic reporter: Hadar ReutPosition: VP, Legal Counsel and Company Secretary	Name of employing company: Ham
Address: HaMenofim2, Herzliya4672553Telephone: 050-6659191Fax: Email: reut@canada-israel.com