Reit 1 Ltd.

Major Shareholding Notification • Jan 7, 2026

REIT 1 LTD

Registry Number: 513821488

To: Securities Authority

To: Tel-Aviv Stock Exchange Ltd.

Form T076 (Public)

Filed on MAGNA: 07/01/2026 Authority Email: www.isa.gov.il

Stock Exchange Email: www.tase.co.il

Reference: 2026-01-003132

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

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

Note: This form is intended to report changes in holdings of the reporting corporation's securities only. For reporting changes in the holdings of a company controlled by the reporting corporation, if its activity is material to the activity of the reporting corporation, use form T121.

1. Holder's Details

• Name of Corporation / Last Name and First Name of the Holder: Dror Gad
• Name in English (as recorded in the Companies Register or Passport): Dror Gad
• Type of Identification Number: Identity card number
• Holder's Identification Number: 022359087
• Type of Holder: Director/CEO
• Does the hedge fund have the right to appoint a director or its representative to the company's board? _________
• Is the holder acting as a representative for reporting for several shareholders holding securities of the corporation together with him? No
• Name of controlling shareholder in the interested party: -
• Identification number of the 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 the change: Decrease, in convertible securities due to their conversion to shares or redemption
• Change occurred in: _________
• Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in section three of the stock exchange regulations, will be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was conducted in this manner.
• Is the change in a single transaction or multiple transactions (cumulative change): Single transaction
• Date of change: 06/01/2026
• Transaction price: 2,875 Currency: agorot
• Are these dormant shares or securities convertible to dormant shares: No
• Balance (in quantity of securities) in the previous report: 2,291,351
• Holding percentage of all securities of that type in the previous report: % 42.48
• Change in quantity of securities: 47,421 -
• Current balance (in quantity of securities): 2,243,930
• Current holding percentage of all securities of that type: % 42.70
• Holding percentage after the change (capital): % 0.84
• Holding percentage after the change (voting rights): % 0.84
• Explanation: The holding percentage after the change does not refer to convertible securities.
• Holding percentage after change on full dilution (capital): % 1.90
• Holding percentage after change on full dilution (voting rights): % 1.90
• Note number: 1

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 'increase' due to a forced acquisition of loaned securities or 'decrease' due to a forced sale of loaned securities was selected, then the loaned securities not returned to the lender, thus converting the loan into a forced acquisition and the lending into a forced sale.

Explanatory Note 1

Mr. Dror Gad serves as Chairman of the Company's Board of Directors, and is a shareholder and director in REIT 1 Management Services Ltd. (hereinafter: "the Management Company"). To the best knowledge of the Company, the shareholders in the Management Company are PHOENIX FINANCIAL LTD (hereinafter: "PHOENIX FINANCIAL"), Dror Gad, Chairman of the Board, and Shmuel Said, Deputy CEO of the Company.

To the best knowledge of the Company, the controlling shareholder in PHOENIX FINANCIAL is PHOENIX FINANCIAL LTD (see in Form T77 in Remarks of Holder No. 1).

The Management Company provides management and advisory services to the Company.

The changes resulting from the conversion of securities were executed by cashless warrant exercise.

1. Was the entire consideration paid at the time of the change? Yes If not, indicate the date of payment completion:
2. If the change was made by signing a loan agreement, provide details on the manner of loan conclusion:
Explanation: It is required to state holding rates considering all securities held by the interested party.
3. Date and time the corporation first became aware of the event or the matter: 07/01/2026 at 10:30
4. Details of actions that led to the change:

Details of Authorized Signatories

	Signatory Name	Position
1	Shmuel Rofeh	CEO
2	Aviram Benasouli	CFO

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.

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (5730–1970), a report submitted under these regulations is to be signed by those authorized to sign on behalf of the corporation. Staff position on the matter can be found on the authority's website: Click here.

Additional Details

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

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 the reporting entity:

Electronic Reporter Name: Guy Viskopf

Position: Controller

Employer Company Name: -

Address: 6 Nehoshet St., Tel Aviv 69710

Phone: 03-7686700 Fax: 03-7686710

Email: guyw@reit1.co.il

Reference numbers for prior documents on the subject (inclusion by reference is not implied):

[No previous references listed]

Date of form structure update: 04/02/2025

No images were present in the original document.