Reit 1 Ltd.

Board/Management Information • Aug 12, 2025

Declaration of External Director

In accordance with the provisions of Sections 224B(a) and 241(a) of the Companies Law, 1999 (the "Law"), I am honored to submit this declaration.

I, the undersigned below, Mr. Asaf Segal, holder of Israeli ID number 028756849, residing at 11 Romnili Street, Tel Aviv, hereby declare that I meet all the conditions required for my appointment as an external director at Brit Ltd. (the "Company"), including the conditions set forth in Sections 224A, 224B, and 240 of the Law, including the conditions detailed below:

1. I am a resident of Israel.

2. I am qualified to serve as an external director of the Company and am not subject to any legal restriction to do so.

3. I am willing to serve as an external director of the Company.

4. I am able to devote the appropriate time to perform the role of director in the Company, taking into account, among other things, the special needs and size of the Company.

5. I possess the necessary skills to perform the role of director in the Company. My skills are detailed in Section 10 below.

6. During the five years preceding the date of this declaration:

7. 6.1 I have not been convicted by a court of an offense as specified in Sections 290 to 297, 392, 415, 418 to 420, and 422 to 428 of the Penal Law, 1977, and Sections 52C, 52D, 53(a), and 54 of the Securities Law, 1968 (the "Securities Law");

8. 6.2 I have not been convicted by a court outside Israel of offenses of bribery, fraud, offenses by managers in a corporation, or offenses of insider trading;

9. 6.3 I have not been convicted by a court of any other offense, not listed in Sections 6.1 and 6.2 above, which the court determined, due to its nature, severity, or circumstances, renders me unfit to serve as a director in a public company.

10. No enforcement measure (as defined in the Securities Law, and imposed under the Securities Law) prohibiting me from serving as a director in a public company has been imposed on me.

11. I am of legal age, have not been declared legally incompetent by a court under the Legal Capacity and Guardianship Law, 1962, and no order for the opening of proceedings has been issued against me under the Insolvency and Economic Rehabilitation Law, 2018.

12. I possess accounting and financial expertise as defined in the Companies Regulations (Conditions and Criteria for a Director with Accounting and Financial Expertise and for a Director with Professional Qualifications), 2006 (the "External Director Qualifications Regulations"). That is, due to my education, experience, and skills detailed below, I have a high level of proficiency and understanding in business-accounting matters and financial statements, enabling me to deeply understand the Company's financial statements and to initiate discussions regarding the presentation of financial data.

13. The relevant details for my declarations as stated in Sections 5 and 9 above are as follows:

10.1 Academic Education

• Bachelor's degree in Economics and Statistics (BA) from the Hebrew University of Jerusalem
• Master's degree in Business Administration (MBA) from the Hebrew University of Jerusalem

10.2 Professional Experience (including serving as a director in other companies)

• CEO of CLAL BIOTECHNOLOGY INDUSTRIES LTD
• CFO of CLAL BIOTECHNOLOGY INDUSTRIES LTD
• Manager of Anatomy Medical Technology Funds
• Partner at Variance Economic Consulting Ltd.
• Manager at PwC Keselman Finance Ltd.
• Served as director, among others, in the following companies:
  • BioCancell Therapeutics Ltd.
  • MediWound Ltd.
  • Collospan Ltd.
  • Pi-Cardia Ltd.
  • FDNA Inc.
  • Elicio Inc.
  • Therapeutics Inc.
  • eXIthera Pharmaceuticals Inc.
  • D-Pharm Ltd.

10.3 Knowledge in Issues Detailed in the External Director Qualifications Regulations

I possess knowledge in the following areas:

• (1) Accounting issues and accounting control issues typical of the industry in which the Company operates and of companies of the size and complexity of the Company;
• (2) The roles and obligations of the external auditor;
• (3) Preparation and approval of financial statements according to the Law and the Securities Law.

10.4 The source of my knowledge is both from my education and my professional experience.

1. Relationships with the Company, the Chairman of the Board, the CEO, a controlling shareholder, or the most senior officer in the finance field

11.1 I am not a relative of any of the above;

11.2 Neither I, my relatives, my partners, my employer, anyone to whom I am directly or indirectly subordinate, nor any corporation I control, at the time of appointment or in the two years preceding the appointment, have any connection to the Company, any of the above, or any other corporation;

11.3 Neither I, my relatives, my partners, my employer, anyone to whom I am directly or indirectly subordinate, nor any corporation I control, have any business or professional relationships with the Company, any of the above, or any other corporation, even if such relationships are not regular, except for negligible relationships.

11.4 For the purposes of this Section 11:

• "Relative" spouse, brother or sister, parent, grandparent, descendant or descendant of spouse, or spouse of any of these;

• "Connection" existence of employment relations, regular business or professional relationships, or control, as well as serving as an officer, except for serving as a director appointed to serve as an external director in a company about to offer shares to the public for the first time;

• "Other corporation" – a corporation whose controlling shareholder, at the time of appointment or in the two years preceding the appointment, is the Company or its controlling shareholder;

• "Date of appointment" – the date on which the general meeting appoints me as an external director, in accordance with Section 239(b) of the Law.

• Apart from the compensation to be paid to me by the Company for my role as a director (including reimbursement of expenses), I have not received any consideration, directly or indirectly, for my service as a director in the Company.

• My other roles or occupations do not create or are not likely to create a conflict of interest with my role as a director in the Company, nor do they impair my ability to serve as an external director in the Company.

• In the company where I serve as a director, no other external director of the Company serves as an external director.

• I am not an employee of the Israel Securities Authority or of a stock exchange in Israel.

• I am aware that this declaration will be kept at the registered office of the Company for inspection by any person, and will also be published by the Company at the time of convening the general meeting to be held for my appointment. I am also aware that the submission of my appointment for approval by the general meeting of the Company is based on this declaration.

• I hereby declare and undertake to the Company that if any change occurs regarding any of my above declarations that would prevent my continued service as an external director in the Company or if any of the conditions set by law regarding my service as an external director in the Company ceases to exist, I will immediately and without delay notify the Company of the change or non-fulfillment of the condition, so that my service as an external director will terminate upon the date of such notice.

June 29, 2025

Signature