Shikun & Binui — Share Issue/Capital Change 2025

Sep 9, 2025

SHIKUN & BINUI LTD.

Registry Number: 520036104

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 09/09/2025 Israel Securities Authority Email: www.isa.gov.il Tel Aviv Stock Exchange Email: www.tase.co.il Reference: 2025-01-067993

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

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:

Issuance of Debentures Series 11

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: 575,076,991	575,076,965
Debentures (Series 8)	1135888	0	Last Report: 1,380,308,923.41	1,380,308,923.41
Debentures (Series 9)	1167386	0	Last Report: 341,492,886.38	341,492,886.38
Debentures (Series 10)	1175132	0	Last Report: 1,558,279,000	1,558,279,000
Warrant for Share (Unlisted) - SHUV AF5/19	1158542	0	Last Report: 3,724,162	0
Warrant for Share (Unlisted) - SHUVLKL23	1200971	0	Last Report: 13,714,286	0
RSU Units	1226356	0	Last Report: 587,277	0
Debentures (Series 11)	1228766	0	Last Report: 0 / Current: 308,268,000	308,268,000

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

2. The Corporation Announces That:

On the date: 09/09/2025

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

Description of the nature of the change: Issuance of Debentures (Series 11) according to a shelf prospectus and shelf offering report dated 07/09/2025

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

Details:

• Name of registered holder affected by the change: Mizrahi Tefahot Registration Company Ltd.
• Type of identification number: Number in the Israeli Companies Registrar
• Identification number: 510422249
• Nature of the change: Public offering
• Date of change: 09/09/2025
• Executed via TASE clearing house: Yes
• Type and name of security affected: Debentures (Series 11)
• Security number on TASE: 1228766
• Holder's balance in the security in the last report: 0
• Holder's balance in the security after the change: 308,268,000
• Total quantity of securities increased/decreased: 308,268,000
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• Security number of the 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: _________
• Will the allocated securities be listed for trading: _________
• The allocation of these securities is a continuation of: _________ published on _________, reference number _________
• The security has been fully paid and the consideration has been fully received.

Explanations:

• 1. If the change affects more than one security, the effect of the change should 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, should be summarized in one row. For this purpose – changes made through the TASE clearing house should be separated from those made directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities should be filled in, not the par value in NIS.

3. Main Register of Shareholders 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.	Number in the Israeli Companies Registrar	510422249	1081942	Ordinary shares 1 NIS par value	575,076,965	No
2	Sahar Holdings (1967) Ltd.	Number in the Israeli Companies Registrar	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 register of shareholders in accordance with Section 130 of the Companies Law, 1999

Attached is an updated file of the registers of the corporation's securities, including the register of option holders and the register of debenture holders: 09092025_isa.pdf

Details of the Authorized Signatories on Behalf of the Corporation:

No.	Name of Signatory	Position
1	Amit Bierman	CEO
2	Hila Tirosh	Other (Legal Counsel and Company Secretary)

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. Staff position on the matter can be found on the Authority's website: Click here.

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

Name of electronic reporter: Tirosh-Ankri Hila Position: Legal Counsel and Company Secretary Employer company 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

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

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

Short name: SHIKUN & BINUI LTD.

Form structure update date: 06/08/2024