Reit 1 Ltd. — Share Issue/Capital Change 2026

Jan 22, 2026

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REIT 1 LTD

Registrar number: 513821488

To: Israel Securities Authority

To: The Tel-Aviv Stock Exchange Ltd.

Form number: T087 (Public)

Reported on MAGNA: 22/01/2026

Website: www.isa.gov.il | www.tase.co.il

Reference: 2026-01-009199

Share Capital Table, Grant of Rights to Purchase Shares and Registers of Company Securities and Changes Therein

Regulation 31e of Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(a) of Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(b1) of Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 32 of Securities Regulations (Periodic and Immediate Reports), 1970

Nature of change:

Exercise of (unlisted) warrants into shares

Explanation: Briefly describe the nature of the change

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Reference numbers of previous reports on this subject: _________, _________, _________.

1. The corporation's securities after the change:

Name andType ofSecurity	TASESecurityNumber	Quantity inRegisteredCapital	Issued and Paid-upCapital (LastReport)	Issued and Paid-upCapital (Current)	Quantity Registered inthe Name of NomineeCompany
Ordinary Shares	1098920	300,000,000	201,255,413	201,388,039	201,388,039
REIT 1 OtherWarrants	1133404	0	4,952,360	4,684,206	0
Bonds (Series5')	1136753	0	721,914,762	721,914,762	721,914,762
Bonds (Series6')	1138544	0	738,093,843	738,093,843	738,093,843
CommercialPapers (Series5')	1156553	0	450,000,000	450,000,000	450,000,000
Bonds (Series7')	1171271	0	1,349,485,575	1,349,485,575	1,349,485,575
Bonds (Series8')	1224096	0	450,062,000	450,062,000	450,062,000

Explanation: Please list all company securities, including securities that are not listed for trading.

2. The corporation announces that:

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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.

On date 22/01/2026, a change occurred in the quantity and register of corporate securities holders (including rights to purchase shares) as a result of:

Description of the nature of the change: Exercise of (unlisted) warrants into shares

Explanation: Describe the entire transaction or action due to which there is a change in the corporation's securities.

Details of change regarding registered holders:

1. Details for the holder:

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Registered holder: The Nominee Company of the Tel-Aviv Stock Exchange Ltd.
Type of ID: Israeli Registrar of Companies Number
ID Number: 515736817
Nature of change: Exercise of warrants
Date of change: 22/01/2026
Executed via the stock exchange clearing house: Yes
Type and name of security: REIT 1 Ordinary Share
TASE Security Number: 1098920
Holder's balance in previous report: 201,255,413
Holder's balance after change: 201,388,039
Total change (increase/decrease): 132,626
Is it a grant of rights to purchase shares? No
Total consideration for securities allocated:
TASE number of shares resulting from exercise:
Number of shares from full exercise/conversion:
Total additional consideration from full exercise:
Period in which the securities can be exercised:
From: To:
The securities allocated will be registered for trading:
The allocation of these securities is a continuation of: Published on:
Reference number:
The security was fully paid-up and full consideration received.
The security was fully paid-up, but consideration was not fully received.

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

2. Details for the holder:

Issued for ATM program.

version. For more information, please review the legal disclaimer.

Other. ____________

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Registered holder: 102 Equity Compensation Management
Type of ID: Israeli Registrar of Companies Number
ID Number: 515020428
Nature of change: Exercise of warrants
Date of change: 22/01/2026
Executed via the stock exchange clearing house: Yes
Type and name of security: REIT 1 Other Warrants
TASE Security Number: 1133404
Holder's balance in previous report: 4,952,360
Holder's balance after change: 4,684,206
Total change (increase/decrease): 268,154
Is it a grant of rights to purchase shares? No
Total consideration for securities allocated:
TASE number of shares resulting from exercise:
Number of shares from full exercise/conversion:
Total additional consideration from full exercise:
Period in which the securities can be exercised:
From: To:
The securities allocated will be registered for trading:
The allocation of these securities is a continuation of: Published on:
Reference number:
The security was fully paid-up and full consideration received.

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

The security was fully paid-up, but consideration was not fully received.

Other. Explanation: Exercise of cashless warrants

Notes:

Issued for ATM program.

version. For more information, please review the legal disclaimer.

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• 1. If the change affects more than one security, specify the effect for each security in a separate row.
• 1. Change date all changes of the same type, in the same security, occurring on the same day, shall be summarized in one row. In this matter – changes carried out via the stock exchange clearing house should be distinguished from those made directly in the company's books.
• 1. For a decrease, use the sign "-".
• 1. All quantity fields should be filled with the number of securities, not NIS par value.

3. Key sections of the shareholders register at the reporting date are as follows:

No.	Name of RegisteredShareholder	ID Type	IDNumber	TASESecurityNumber	Type of Sharesand NominalValue	Quantity ofShares	Holdsshares astrustee
1	The Nominee Company ofthe Tel-Aviv Stock ExchangeLtd.	Israeli Registrarof Companies	515736817	1098920	Ordinary Shares 1NIS	201,388,039	No

4. Attached is the updated file of the shareholders register in accordance with Section 130 of the Companies Law, 1999

5. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bond holders

File: 22012026_isa.pdf

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Details of signatories authorized to sign for the corporation:

No.	Name	Position
1	Shmuel Rofa	CEO
2	Aviram Benasouli	Deputy CEO – CFO

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

Previous names of reporting entity:

(None)

Electronic report signatory:

Name: Guy Viskopf Position: Accountant Employer company: -

Address: 6 Nechoshet St., Tel Aviv 69710

Phone: 03-7686700 Fax: 03-7686710

Email: guyw@reit1.co.il

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange

Short name: REIT 1 Address: 6 Nechoshet St., Tel Aviv 69710

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

Company website: www.Reit1.co.il

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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.

Form structure update date: 06/08/2024