Shikun & Binui — Share Issue/Capital Change 2025

Aug 27, 2025

SHIKUN & BINUI LTD.

Registry Number: 520036104

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 27/08/2025 Israel Securities Authority Email: www.isa.gov.il Tel Aviv Stock Exchange Email: www.tase.co.il Reference: 2025-01-064167

Capital Structure, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Changes Therein

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

Nature of the Change:

A significant private allocation of company shares and exercise of employee options.

Explanation: Please briefly describe the nature of the change.

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

1. The Corporation's Securities Position After the Change:

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
Ordinary Shares	1081942	600,000,000	Last Report: 554,934,442	575,025,715
			Current: 575,025,741
Bonds (Series 8)	1135888	0	Last Report: 1,380,308,923.41	1,380,308,923.41
			Current: 1,380,308,923.41
Bonds (Series 9)	1167386	0	Last Report: 341,492,886.38	341,492,886.38
			Current: 341,492,886.38
Bonds (Series 10)	1175132	0	Last Report: 1,558,279,000	1,558,279,000
			Current: 1,558,279,000
Option for Share (Unlisted) - SHOV AP5/19	1158542	0	Last Report: 4,273,724	0
			Current: 3,845,187
Option for Share (Unlisted) - SHOVLKL23	1200971	0	Last Report: 13,714,286	0
			Current: 13,714,286
RSU Units	1226356	0	Last Report: 587,277	0

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
			Current: 587,277

Explanation: All company securities must be detailed, including securities not listed for trading.

2. The Corporation Announces That:

From date: 25/08/2025 To date: 27/08/2025

A change occurred in the quantity and register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: A significant private allocation of company shares and exercise of employee options.

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Details of the Change:

1. Registered Holder Affected by the Change: I.B.I. Equity Compensation and Trusts (2004) Ltd.

Type of ID Number: Company number in the Israeli Companies Registry ID Number: 513540070

• Nature of Change: Exercise of options
• Date of Change: 25/08/2025
• Executed via TASE Clearing House: Yes
• Type and Name of Security Changed: SHOV AP5/19
• Security Number on TASE: 1158542
• Holder's Balance in Last Report: 4,273,724
• Holder's Balance After Change: 3,845,187
• Total Quantity of Securities Increased/Decreased: 428,537
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• TASE number of share resulting from exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period during which the security can be exercised: _________
• From date: _________ To date: _________
• Allocated securities will be registered for trading: _________
• Allocation is a continuation of: _________ Published on: _________ Reference number: _________
• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for ATM program
• Other: _________
• 1. Registered Holder Affected by the Change: Mizrahi Tefahot Registration Company Ltd.

Type of ID Number: Company number in the Israeli Companies Registry ID Number: 510422249

• Nature of Change: Other (Issuance of shares due to exercise of options)
• Date of Change: 25/08/2025
• Executed via TASE Clearing House: Yes
• Type and Name of Security Changed: Ordinary Share

• Security Number on TASE: 1081942

• Holder's Balance in Last Report: 554,934,442

• Holder's Balance After Change: 555,025,741
• Total Quantity of Securities Increased/Decreased: 91,299
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• TASE number of share resulting from exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period during which the security can be exercised: _________
• From date: _________ To date: _________
• Allocated securities will be registered for trading: _________
• Allocation is a continuation of: _________ Published on: _________ Reference number: _________
• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for ATM program
• Other: _________
• 1. Registered Holder Affected by the Change: Mizrahi Tefahot Registration Company Ltd.

Type of ID Number: Company number in the Israeli Companies Registry ID Number: 510422249

• Nature of Change: Private allocation
• Date of Change: 27/08/2025
• Executed via TASE Clearing House: Yes
• Type and Name of Security Changed: Ordinary Share
• Security Number on TASE: 1081942
• Holder's Balance in Last Report: 555,025,741
• Holder's Balance After Change: 575,025,741
• Total Quantity of Securities Increased/Decreased: 20,000,000
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• TASE number of share resulting from exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period during which the security can be exercised: _________

• From date: _________ To date: _________

• Allocated securities will be registered for trading: _________

• Allocation is a continuation of: _________ Published on: _________ Reference number: _________
• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for ATM program
• Other: Consideration has not yet been received

Explanations:

• 1. If the change affects more than one security, the effect of the change must be detailed in a separate row for each security.
• 1. Date of change all changes of the same type, in the same security, made on one day, will be summarized in one row. For this purpose – changes made through the TASE clearing house must be separated from those made directly in the company's books.
• 1. For a decrease, add the sign "-".
• 1. All quantity fields must be filled with the number of securities, not NIS par value.

3. Main Shareholder Register as of the Reporting Date:

No.	Name of Registered Shareholder	Type of ID Number	ID Number	Security Number on TASE	Type of Shares and Par Value	Number of Shares	Holds Shares as Trustee
1	Mizrahi Tefahot Registration Company Ltd.	Company number in the Israeli Companies Registry	510422249	1081942	Ordinary Shares 1 NIS par value	575,025,715	No
2	Sahar Holdings (1967) Ltd.	Company number in the Israeli Companies Registry	520032418	1081942	Ordinary Shares 1 NIS par value	10	No
3	Bar Lev Yehuda	ID Card Number	064837123	1081942	Ordinary Shares 1 NIS par value	16	No

Attached is a file of the shareholder register in accordance with Section 130 of the Companies Law, 1999:

Shares_isa.pdf

Attached is an updated file of the corporation's securities registers, including the register of option holders and bond holders:

Securities_isa.pdf

Authorized Signatories on Behalf of the Corporation:

No.	Name	Position
1	Amit Bierman	CEO
2	Hila Tirosh	Other (VP Legal Counsel)

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

Previous document reference numbers on the subject (the mention does not constitute inclusion by reference):

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

Form structure update date: 06/08/2024

Short Name: SHIKUN & BINUI LTD.

Address: HaYarden 1A, Airport City, 70100 Phone: 03-6301111 Fax: 03-6301595

Email: hilat@shikunbinui.com Company Website: http://www.shikunbinui.co.il

Previous names of the reporting entity: SHIKUN & BINUI HOLDINGS LTD.

Electronic reporter name: Tirosh-Ankri Hila Position: Legal Advisor and Company Secretary Employer Company Name: SHIKUN & BINUI LTD.

Address: HaYarden 1, Kiryat Sde Teufa, 70100 Phone: 03-6301517 Fax: 03-6301520 Email: hilat@shikunbinui.com