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

Feb 17, 2026

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

To To

Israel Securities Authority The Tel Aviv Stock Exchange Ltd.

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

February 17, 2025

Subject: Immediate report regarding the results of an offering according to a shelf offering report

In accordance with the provisions of Section 30 of the Securities Law, 5728-1968, and the Securities Regulations (Notice of Results of an Offering in a Prospectus), 5730-1969, the Company is pleased to hereby announce the results of the offering according to the shelf offering report dated February 15, 2026 ("Shelf Offering Report") , published by virtue of a shelf prospectus bearing the date July 22, 2024 . According to the Shelf Offering Report, up to 466,667,000 NIS par value BONDS (Series 17) registered in name ("BONDS") were offered to the public. 1 2

The BONDS were offered to the public in 466,667 units ("the Units"), by way of a tender for the interest rate not exceeding a rate of 2.67%, where the composition of each unit and its price are as follows:

1,000 NIS par value BONDS (Series 17) at a price of 100% of their par value-1,000 NIS

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Total price per unit 1,000 NIS

The Company was given a prior commitment from classified investors whereby the classified investors committed to submit orders in the tender for 400,000 units representing approximately 85.71% of the total units offered to the public in the tender, as detailed in the Shelf Offering Report. The offering of the BONDS was not guaranteed by underwriting.

The following results were received in the tender:

• 1. In the tender, 104 applications were submitted to the Company for the purchase of 455,827 units (including the orders for the purchase of 400,000 units submitted by the classified investors).
• 1. The interest rate determined in the tender is 2.67% ("Determined Interest Rate"). It should be noted that the principal of the BONDS (Series 17) and the interest thereon are linked to the base index (the Consumer Price Index for the month of December 2025, which was published on January 15, 2026).
• 1. ⁵¹ orders from classified investors for the purchase of 347,203 units that specified an interest rate lower than the Determined Interest Rate were fully answered. However, in light of the Company's decision to issue a total of up to 400,000 units as detailed in Section 7 below, 304,678 units were actually allocated to such investors.

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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. .

51 orders from the public for the purchase of 55,827 units that specified an interest rate lower than the Determined Interest Rate were fully answered. However, in light of the Company's decision to issue a total of up to 400,000 units as detailed in Section 7 below, 48,991 units were actually allocated to such investors.

See corrective report dated February 15, 2026, reference no.: 2026-01-015017. 1

The shelf prospectus was published on July 21, 2024 (reference: 2024-01-076672). 2

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• .5 2 orders from classified investors to purchase 52,797 units that specified the determined interest rate were fully accepted. However, in light of the company's decision to issue a total of up to 400,000 units as detailed in section 7 below, 46,331 units were actually allocated to said investors.
• .6 The total orders accepted in the tender are 455,827 units representing 455,827,000 NIS par value BONDS (Series 17').
• .7 In accordance with the provisions of section 1.1 of the shelf offering report and in light of the fact that according to the tender results the total orders accepted in the tender as detailed in section 7 above represent a par value of the company's BONDS (Series 17') exceeding 400,000,000 NIS par value BONDS (Series 17'), the company reports that it chose to issue as part of the offering under the shelf offering report, a total of 400,000,000 NIS par value BONDS (Series 17') ("the quantity issued to the public"). Therefore, the excess amount as defined in section 1.1 of the shelf offering report is 55,827,000 NIS par value BONDS (Series 17'), and the allocation to bidders whose requests were accepted in the tender as mentioned in section 7 above will be performed according to the ratio (pro-rata) between the orders accepted in the tender and the quantity issued to the public, such that each bidder whose request would have been accepted according to the tender results will be allocated approximately 87.75% of the allocation volume according to the tender results (according to the following calculation: 400,000,000 / 455,827,000).
• .8 The gross proceeds from the issuance of units to the public (including the classified investors) total approximately 400,000,000 thousand NIS.
• .9 The annual interest rate that the BONDS will bear is the determined interest rate, i.e., 2.67%.
• .10 The semi-annual interest rate (for a period of six months) that the BONDS will bear is 1.335%.
• .11 The interest rate for the first interest period which will be paid on June 30, 2026 (as detailed in section 1 of the shelf offering report) is 0.97290%.

The company thanks the public for its response to the offer.

Sincerely,

Prashkovsky Investments and Construction Ltd.

Moti Nahmias - Deputy CEO and Chief Financial Officer