Reit 1 Ltd. — Director's Dealing 2026

Jan 20, 2026

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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.

REIT 1 LTD

Registrar number: 513821488

To: Israel Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd

www.tase.co.il

Form Number: T076 (Public) Reported on MAGNA: 20/01/2026 Reference: 2026-01-008018

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting a change in holdings in the securities of the reporting corporation only. To report a change in holdings in the securities of a company held by the reporting corporation, if its activity is material to the activity of the reporting corporation, use Form T121

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Name of entity/surname and first name of holder:	Dror Gad
Name of entity/surname and first name of holder in English as registered in theCompanies Registrar or in the passport:	Dror Gad
Type of identification number:	Identity card number
Identification number of holder:	022359087
Type of holder:	Director/CEO
Does the hedge fund have the right to appoint a director or its representative tothe company's board?
Does the holder serve as a representative for reporting the number ofshareholders holding together with him securities of the corporation:	No
Name of controlling shareholder in the interested party:	-
Identification number of controlling shareholder in the interested party:	-
Citizenship/country of incorporation or registration:	Private individual with Israeli citizenship
Country of citizenship/incorporation or registration:
Security number on the stock exchange:	1133404
Name and type of security:	Warrants (unlisted) for shares
Nature of change:	Decrease, in convertible securities due to theirconversion to shares or redemption
Is this a change in a single transaction or multiple transactions (accumulatedchange):	Single transaction
Date of change:	19/01/2026
Transaction rate:	2,903
Currency:	Agorot
Are they dormant shares or securities convertible to dormant shares:	No
Balance (in number of securities) in last report:	2,149,628
Holding percentage of total securities of the same type in last report:	43.41%
Change in number of securities:	-250,000
Current balance (in number of securities):	1,899,628
Current holding percentage of total securities of same type:	38.36%
Holding percentage after the change: in equity: 0.90%; voting power: 0.90%
Explanation: The holding percentage after the change does not refer toconvertible securities.
Holding percentage after the change on full dilution: in equity: 1.80%; in votingpower: 1.80%
Note number:	1

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Name of entity/surname and first name of holder:	Dror Gad
Name of entity/surname and first name of holder in English as registered in the CompaniesRegistrar or in the passport:	Dror Gad
Type of identification number:	Identity card number
Identification number of holder:	022359087
Type of holder:	Director/CEO
Does the hedge fund have the right to appoint a director or its representative to thecompany's board?
Does the holder serve as a representative for reporting the number of shareholders holdingtogether with him securities of the corporation:	No
Name of controlling shareholder in the interested party:	-
Identification number of controlling shareholder in the interested party:	-
Citizenship/country of incorporation or registration:	Private individual with Israelicitizenship
Country of citizenship/incorporation or registration:
Security number on the stock exchange:	1098920
Name and type of security:	REIT 1 ordinary share
Nature of change:	Increase, in shares due toconversion of securities
Is this a change in a single transaction or multiple transactions (accumulated change):	Single transaction
Date of change:	19/01/2026
Transaction rate:	2,903
Currency:	Agorot
Are they dormant shares or securities convertible to dormant shares:	No
Balance (in number of securities) in last report:	1,684,809
Holding percentage of total securities of the same type in last report:	0.84%
Change in number of securities:	+123,561
Current balance (in number of securities):	1,808,370
Current holding percentage of total securities of same type:	0.90%
Holding percentage after the change: in equity: 0.90%; voting power: 0.90%
Explanation: The holding percentage after the change does not refer to convertiblesecurities.
Holding percentage after the change on full dilution: in equity: 1.80%; in voting power:1.80%
Note number:	1

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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.

Note: If a value for increase due to a forced purchase of lent securities or a value for decrease due to a forced sale of lent securities is selected, then lent securities not returned to the lender and therefore the act of lending becomes a forced purchase and the act of lending becomes a forced sale.

No.	Note
1	Changes due to conversion ofsecurities are by way ofcashless warrant exercise.
Mr. Dror Gad serves as the Chairman of the company's Board of Directors and is a shareholderand Director at REIT 1 Management Services Ltd. (hereinafter: "the management company").The management company provides management and consultancy services to the company.
Some of the shares held by Dror Gad are held through a private company owned by him.
In addition, 122,059 par value of the company's shares are held in trust for him by a trustee, andwill be locked-up until five years after their allocation to the management company or until theend of the management agreement, whichever is earlier, and then will be transferred from thetrustee to the holder.
For further details regarding the holder, see holder nos. 22-23 in the interested parties/seniorofficers holdings report as of 31.12.25 (reference 2026-01-004128)

1. Has the full consideration been paid at the date of change? Yes

If not, please specify the date of completion of payment:

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1. If the change is by way of signing a loan agreement, please specify details regarding the method of conclusion of the loan:

Explanation: The holding percentages must take into account all securities held by the interested party.

• 1. The date and time when the corporation first became aware of the event or matter: 19/01/2026 at 17:45
• 1. Details of the actions that caused the change: _________

Details of authorized signatories for the corporation

	Name of Signatory	Position
1	Shmuel Rofeh	CEO
2	Aviram Benasuli	CFO

Explanation: According to Regulation 5 of Periodic and Immediate Report Regulations (1970), a report submitted under these regulations will be signed by those authorized to sign on behalf of the corporation. A staff position on the matter can be found on the Authority's website: Click here.

Previous document references:

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange

Form structure update date: 04/02/2025

Short name: REIT 1

Address: 6 Nehoshet St., Tel Aviv 69710 Phone: 03-7686700, Fax: 03-7686710

Email: reit1@reit1.co.il Company Website: www.Reit1.co.il

Previous names of reporting entity:

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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.

Electronic reporter name: Guy Viskopf

Position: Accountant

Employer company name: -

Address: 6 Nehoshet St., Tel Aviv 69710

Phone: 03-7686700, Fax: 03-7686710 Email: guyw@reit1.co.il