Prashkovsky Investments and Construction Ltd. — Proxy Solicitation & Information Statement 2026

May 20, 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.

Prashkovsky Investments and Construction Ltd.
PRASHKOVSKY INVESTMENTS AND CONSTRUCTION LTD
Registration number: 513817817

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

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

T460 (Public)
www.tase.co.il

Filed via MAGNA: 20/05/2026
Reference: 2026-01-046867

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 proposal, there is no need for a concurrent T138 report.

Is it possible to vote via the electronic voting system: Yes

Note: The option to choose in this field is only for foreign corporations (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 via this system.

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

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

The corporation announces: Convening a meeting

Note: In the event of a change in the date of the meeting (postponement or bringing forward) select "Postponement of a 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: Reference should be made to the reference number of the last notice of convening or postponement of the meeting

1. Type of security Share

Name of the entitling security: Prashkovsky NIS 0.01 par value

The TASE security number entitling its holder to participate in the meeting 1102128

Record date for entitlement to participate and vote in the meeting: 28/05/2026

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

1. On the date: 20/05/2026

It was decided on Convening a meeting Special meeting

which will convene on Thursday on the date: 25/06/2026 at: 13:00

At the address: At the company offices, 10 Moti Kind St., Rehovot

1. Agenda:

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

Items/resolutions to be raised at the meeting:

1

The subject / resolution and its details:

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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.

Approval of the terms of employment of Mr. Ben Prashkovsky, a relative of the controlling shareholders of the company, as assistant controller in the finance department, effective as of 1 July 2026

Declaration: There is no appropriate field for classification

Note: A value from this table determines the wording of the shareholder declaration in the internet voting system. For the conversion table click here

Gender: __

Note: This field can be filled in 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 the tenure of a director, the director's identification number must be entered.

Explanation: For 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" for a transaction with a controlling shareholder.

Only in the case of a BONDS holders' meeting or where it is not a transaction with a controlling shareholder, and no suitable field is found in the table, must the relevant statutory sections by virtue of which the resolution is required be explained and detailed.

Does the subject require disclosure of affinity or other characteristic of the voting shareholder: __

Note: 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 that there is another matter of concern: __

Details of the other matter of concern

Note: The details of the other matter of concern determine the wording of the declaration that will be included in the internet voting system. A question must be formulated so that the answer to it will be in a "Yes"/"No" format. The question will appear in the voting system adjacent to the resolution on the agenda and the voter will have an option to choose between "Yes"/"No" and an 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 according to Section 350):

Note: 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 details in a free text field.

☐ Amendment of disclosure
☐ Immaterial change or one that only benefits the company compared with the wording of the resolution specified in the last report
☐ Removed from the agenda
☐ The subject was discussed at a previous meeting
☐ Change of subject / addition of a new subject to the agenda by court order
☐ Change of subject / addition of a new subject to the agenda pursuant to Regulation 5b of the Companies Regulations (Notice and Announcement of a General Meeting and Class Meeting in a Public Company and Addition of a Subject to the Agenda), 2000

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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.

○ Addition of a new subject to the agenda after the record date due to a technical error, as follows: Explanation: After the record date the resolution may not be amended, except for an amendment in the terms of the transaction that is beneficial to the company or an immaterial 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 Not an ordinary majority As stated in Section 275(a)(3) of the Companies Law, 1999 Will the controlling shareholder's percentage holdings in the company's shares give the controlling shareholder the majority required for adoption of the proposed resolution on the subject No

3.2. Additional information on the resolutions regarding transactions with a controlling shareholder in accordance with the Securities Regulations (Transaction Between a Company and Its Controlling Shareholder):
3.2.1. Date of approval of the transaction by the board of directors 11/03/2026
3.2.2. Reference number of the preliminary report, date of its submission
Main changes made in this report compared to the last version of the preliminary report:
Explanation: To be completed if a preliminary report has been submitted.
3.2.3. Type of transaction

No.	Type of transaction
1	Terms of office and employment of a relative of the controlling shareholder

3.2.4. Date the transaction takes effect 01/07/2026

3.2.5.	○ Transaction that is not the provision of services/terms of office and employment Duration of the transaction in months
	○ Transaction for the provision of services/terms of office and employment Duration of the transaction in months 36

3.2.6. To the report no financial statements were attached pursuant to Regulation 6(f) of the Securities Regulations (Transaction Between a Company and Its Controlling Shareholder); name of accountant

The review report/opinion of the accountant for the attached financial statements is identical to the originally signed copy delivered to the company.

If financial statements were not attached, the reason must be specified The corporation is a public company

3.3. To the report nonprofessional opinions were attached:

No.	Name of person providing the opinion	Validity date of the opinion
1

Attachment of the meeting convening report: Meeting Convening Report - Special Meeting - Ben Prashkovsky - Accessible Isa.pdf

1. Attachments

4.1 Attachment of a file including the wording of a proxy card / position statements: Proxy Card Prashkovsky - June 2026 Isa.pdf

YesWording of proxy card

NoPosition statements

Explanation: If a proxy card and/or a position statement is attached, it must be ensured that they are drafted in accordance with the Companies Regulations (Written Voting and Position Statements), 2006. The company shall compile all position statements (as defined in Section 88 of the Companies Law) into a single file, in which the date of publication of the statement, from whom it was received, and a 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

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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.

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:

According to the company's articles of association, a legal quorum shall be formed when shareholders are present at the meeting, in person or by proxy, who hold at least one-third of the voting rights in the company.

1. In the absence of a legal quorum, the adjourned meeting will be held on 02/07/2026, at 13:00,

At the address: At the company offices, 10 Moti Kind St., Rehovot.

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

1. The place and times at which each proposed resolution whose full wording was not brought in the detailed agenda above can be reviewed

At the company offices, during regular business hours and by prior arrangement (telephone number: 03-9561889).

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	Moti Nachmias	Other Deputy CEO and Chief Financial Officer

Explanation: Pursuant to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, a report submitted under these regulations shall be signed by those authorized to sign on behalf of the corporation. Staff position on the matter can be found on the ISA website: click here.

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

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange Form structure update date: 09/12/2025

Short name: Prashkovsky

Address: Moti Kind10, Rehovot7638519 Telephone: 03-9561889, Fax: 03-9561831

Email: ashi@ashi.co.il

Previous names of reporting entity:

Name of electronic reporter: Cohen EsterPosition: Group ControllerName of employing company:

Address: Moti Kind10, Rehovot7638519Telephone: 03-9561889Fax: 03-9508546Email: esti@ashi.co.il