Prashkovsky Investments and Construction Ltd. — Capital/Financing Update 2026

Feb 12, 2026

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Prashkovsky Investments and Construction Ltd. ("the Company")

February 12, 2026 To To

The Tel Aviv Stock Exchange Ltd. The Securities Authority

www.tase.co.il www.isa.gov.il

Dear Sir/Madam, Dear Sir/Madam,

Subject: Immediate report regarding the results of a tender for classied investors for the issuance of BONDS (Series 17) of the Company

Further to the shelf prospectus of the Company dated July 22, 2024 and further to the draft Trust Deed relating to the BONDS (Series 17) which details the terms of the BONDS (Series 17) of the Company ("BONDS (Series 17)") and to the draft shelf offering report published by the Company on February 11, 2026 , the Company is pleased to announce that on February 12, 2026, a tender was held to receive early commitments from classied investors in connection with a possible public offering of the BONDS (Series 17) of the Company ("the Tender"). 1 2 3

The BONDS (Series 17) were offered to classied investors by way of a tender on the annual interest rate that the BONDS (Series 17) will carry. Within the framework of the Tender, the BONDS (Series 17) were offered to classied investors in units including 1,000 NIS par value BONDS (Series 17) ("the Units" or "a Unit").

Within the framework of the Tender, orders were received including an early commitment to purchase 809,513 units, of which the Company chose to accept early commitments to purchase 400,000 units, at an annual interest rate not exceeding 2.67% which will constitute the maximum interest rate that the BONDS (Series 17) will carry in the public offering.

It is claried that the nal interest rate that the BONDS (Series 17) will carry will be determined within the framework of the tender in the public offering. The public offering, if it takes place, will be carried out within the framework of a shelf offering report that the Company intends to publish, by way of a uniform offering. It should be noted that the Company's Board of Directors approved the publication of the shelf offering report for the issuance of the BONDS (Series 17) of the Company, by way of a uniform offering, for a total consideration of up to 400 million NIS.

Furthermore, it is claried that the execution of the issuance and the publication of the shelf offering report as stated, are subject to receiving the required approvals by law, including the approval of the Tel Aviv Stock Exchange Ltd. and receiving the Securities Authority's permit for the publication of the shelf offering report and there is no certainty regarding the actual execution of the issuance, its scope and its timing.

Nothing in this report constitutes an offer to purchase securities or an invitation to offer offers to purchase them.

Sincerely,

Prashkovsky Investments and Construction Ltd.

Moti Nahmias – Deputy CEO of the Company and Chief Financial Ocer

The shelf prospectus was published on July 21, 2024 (Reference No.: 2024-01-076672). 1

See immediate report published by the Company on February 10, 2026 (Reference No.: 2026-01-014006). 2

Reference No.: 2026-01-014327. 3