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Shikun & Binui

Regulatory Filings Dec 23, 2025

7047_rns_2025-12-23_c40fc021-db3b-496a-ad3e-94638143cf0c.pdf

Regulatory Filings

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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.

SHIKUN & BINUI LTD.

Registry Number: 520036104

To:

Form Number: T121 (Public)

Transmitted on MAGNA: 23/12/2025

Reference: 2025-01-102325

Immediate Report for General Material Information

Explanation: Do not use this form if there is a dedicated form for the event being reported.

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

Results of an issuance should be reported in form T20, not on this form.

Reporting on the rating of government bonds or a corporation rating should be submitted using form T125.

Nature of the Event:

Update regarding the transaction for the sale of 40% of rights in the Tel-Aviv student dormitories project Reference numbers of previous reports on the subject: _________, _________, _________.

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.

Further to the immediate report of the company dated October 5, 2025 (2025-01-073655, referenced herein), concerning the engagement of Shikun & Binui Real Estate Ltd. (a private subsidiary controlled by the company) (hereinafter: "Shikun & Binui Real Estate"), with third parties unrelated to the company, in an agreement whereby Shikun & Binui Real Estate will sell 40% of its rights in the partnership engaged in the operation and management of student dormitories and related areas at Tel Aviv University (hereinafter: "the Transaction"), the company hereby announces that on December 22, 2025, the approval of the Competition Authority was received for the Transaction, which constituted one of the suspensive conditions for the completion of the Transaction. The parties to the Transaction continue to act towards completing the remaining conditions precedent.

Attachment: [File not included]

The company is not a shell company as defined in the Tel-Aviv Stock Exchange regulations.

Date the corporation first became aware of the event: 22/12/2025 Time: 17:05

Details of the Authorized Signatories for the Corporation:

# Name Position
1 Amit Bierman CEO
2 Hila Tirosh Other - Chief Legal Counsel & VP

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

Short Name: SHIKUN & BINUI

Address: 1A Hayarden St., Airport City, 70100

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.

Phone: 03-6301111 Fax: 03-6301595

Email: [email protected]

Company website: www.shikunbinui.co.il

Previous name of the reporting entity: Shikun & Binui Holdings Ltd.

Electronic Signatory Name: Hila Tirosh-Ankri

Position: Legal Advisor & Company Secretary

Employer: SHIKUN & BINUI LTD.

Address: 1 Hayarden St., Kiryat Sde HaTeufa, 70100

Phone: 03-6301517 Fax: 03-6301520

Email: [email protected]

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