Shikun & Binui — Director's Dealing 2026

May 27, 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.

Shikun & Binui Ltd.
SHIKUN & BINUI LTD
Registration number: 520036104
To: Israel Securities Authority	To: Tel-Aviv Stock Exchange Ltd. T121 (Public)
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www.isa.gov.il	www.tase.co.il

Supplementary report to the report submitted on 21/01/2026 whose reference number is: 2026-01-008519

Principal details that were added / completed:

Further to the above report, below are details regarding the adoption of the plan (as defined below) by senior officers of the Company, where the plan meets the conditions of the ISA position (as defined below), and in particular is irrevocable. The senior officers adopted the plan regarding the following securities and the following transactions: exercise of warrants (unlisted) (security number 1158542) into shares (security number 1081942) and sale of the shares that resulted or will result from the conversion of the warrants (hereinafter: the "Exercise Shares") and sale of shares (security number 1081942). The trustee: I.B.I Trust Management. Below are details of the parties executing the transactions and the securities to which the plan was applied: (a) Amit Birman, CEO, ID No. 024053746; plan adoption date: 31.03.2026; exercise of up to 349,727 warrants (their percentage out of all warrants of the same type: 16.19%; percentage of the Exercise Shares, in the equity and voting rights, on a fully diluted basis: 0.06%) and sale of the Exercise Shares; plan period: as of 28.05.2026 until the end of the execution period (as defined below). (b) Hila Tirosh, Legal Counsel and Company Secretary, ID No. 037519782; plan adoption date: 01.04.2026; exercise of up to 43,744 warrants (their percentage out of all warrants of the same type: 2.03%; percentage of the Exercise Shares, in the equity and voting rights, on a fully diluted basis: 0.01%) and sale of the Exercise Shares; plan period: as of 28.05.2026 until the end of the execution period (as defined below). (c) Assaf Inbar, CEO of the subsidiary Shikun & Binui - Solel Boneh Infrastructure Ltd. and an officer of the Company, ID No. 027497452; plan adoption date: 06.04.2026; exercise of up to 187,188 warrants (their percentage out of all warrants of the same type: 8.67%; percentage of the Exercise Shares, in the equity and voting rights, on a fully diluted basis: 0.03%) and sale of the Exercise Shares; sale of up to 33,392 shares (their percentage in the equity and voting rights: 0.01%, and on a fully diluted basis: 0.01%); plan period: as of 28.05.2026 until the end of the execution period (as defined below). (d) Ronit Rosenzweig, Head of the Financial Reporting Unit and Deputy Chief Financial Officer, ID No. 058707985; plan adoption date: 10.04.2026; exercise of up to 98,145 warrants (their percentage out of all warrants of the same type: 4.54%; percentage of the Exercise Shares, in the equity and voting rights, on a fully diluted basis: 0.02%) and sale of the Exercise Shares; plan period: as of 28.05.2026 until the end of the execution period (as defined below). (e) Gabriel David, who served as CEO of the Concessions Division until 30.04.2026, ID No. 034986398; plan adoption date: 14.04.2026; exercise of up to 405,431 warrants (their percentage out of all warrants of the same type: 18.77%; percentage of the Exercise Shares, in the equity and voting rights, on a fully diluted basis: 0.07%) and sale of the Exercise Shares; and sale of up to 28,474 shares (their percentage in the equity and voting rights: 0.005%, and on a fully diluted basis: 0.005%); plan period: as of 29.05.2026 until 30.10.2026. (f) Tal Natanovitz, VP of Control, Digital and Information Systems, ID No. 034263236; plan adoption date: 14.04.2026; exercise of up to 149,118 warrants (their percentage out of all warrants of the same type: 6.90%; percentage of the Exercise Shares, in the equity and voting rights, on a fully diluted basis: 0.03%) and sale of the Exercise Shares; plan period: as of 29.05.2026 until 29.01.2027. The percentage of the Exercise Shares in the equity and voting rights on a fully diluted basis is theoretical since it was calculated assuming a conversion ratio of 1:1; in practice the exercise of the warrants is carried out through a net exercise mechanism. The "end of the execution period" is the earlier of 31.03.2027 and the date on which all plan warrants expire and/or are exercised and all Exercise Shares are sold.

Immediate report for general material information

Explanation: Do not use this form when there is a form adapted to the reported event.

This reporting form is intended for material reports for which there is no suitable dedicated form.

Issuance results must be reported on T20 and not on this form.

Reporting on rating of BONDS or rating of a corporation must be submitted via form T125.

Nature of the event: Institutionalization of a safe-harbor protection plan upon exercise of warrants and sale of shares for senior officers and other employees in the group

Reference numbers of previous reports on the subject: __, _, ___.

The Company is honored to update that on January 20, 2026 the Company's Board of Directors resolved to institutionalize a "safe harbor" protection plan upon exercise of warrants and sale of Company shares (hereinafter: the "Plan") by officers and employees in the group (hereinafter: the "Employees"), in accordance with Israel Securities Authority Staff Position No. 101-18 (hereinafter: the "ISA Position"). As of this date, the Plan has not yet been adopted by any of the Employees. The Plan

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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.

will be implemented through a trustee who meets the requirements of the ISA Position. Adoption of the Plan by any of the Employees may be done only at a time when he or she does not possess inside information, inter alia, by signing an irrevocable power of attorney in favor of the said trustee and obtaining the trustee's approval by such date.

Attached is a file

The Company is not a Shell Company as defined in the TASE Regulations

The date on which the Corporation first became aware of the event: 20/01/2026 at: 18:00

Details of the authorized signatories to sign on behalf of the Corporation:

	Name of signatory	Position
1	Amit Birman	Chief Executive Officer
2	Hila Tirosh	Other VP, Legal Counsel

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, a report submitted pursuant to these regulations shall be signed by the persons authorized to sign on behalf of the corporation. The Staff Position on this matter can be found on the ISA website: Click here.

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

Securities of the Corporation are listed for trading on the Tel-Aviv Stock Exchange	Form structure last updated on: 06/08/2024
Short name: Shikun & Binui
Address: HaYarden1A, Airport City70100 Telephone: 03-6301111, Fax: 03-6301595
E-mail: hilat@shikunbinui.com Company website:http://www.shikunbinui.co.il
Previous names of the reporting entity: Shikun & Binui Holdings Ltd.
Name of electronic reporter: Tirosh-Ankri HilaPosition: Legal Counsel and Company SecretaryName of employing company: Shikun & Binui Ltd.
Address: HaYarden 1, Ben Gurion Airport City70100Telephone: 03-6301517Fax: 03-6301520E-mail: hilat@shikunbinui.com