Shikun & Binui — Share Issue/Capital Change 2025

Sep 30, 2025

SHIKUN & BINUI LTD.

SHIKUN & BINUI LTD.

Registration Number: 520036104

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 30/09/2025 Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il Reference: 2025-01-073069

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 shares due to exercise of warrants and expiration of warrants - Central Report

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	575,122,099
			Current: 575,122,125
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
Warrant for Share (Unlisted) - Shuv AP5/19	1158542	0	Last Report: 3,724,162	0
			Current: 2,447,593
Warrant for Share (Unlisted) - ShuvLeKlal23	1200971	0	Last Report: 13,714,286	0
			Current: 13,714,286
RSU Units	1226356	0	Last Report: 0 587,277

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
Bonds (Series 11)	1228766	0	Last Report: 308,268,000	308,268,000
			Current: 308,268,000

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

2. The Corporation Announces That:

From date: 08/09/2025 to date: 30/09/2025

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 shares due to exercise of warrants and expiration of warrants

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

Details of the Change:

• 1. Name of registered holder affected by the change: I.B.I. Equity Compensation and Trusts (2004) Ltd.
  2. Type of identification number: Number in the Israeli Companies Registrar
  3. Identification number: 513540070
  4. Nature of the change: Expiration
  5. Date of change: 08/09/2025
  6. Executed via TASE clearing house: Yes
  7. Type and name of security affected: Shuv AP5/19
  8. Security number on TASE: 1158542
  9. Holder's balance in last report: 3,724,162
  10. Holder's balance after change: 2,596,711
  11. Total quantity of securities increased/decreased: 1,127,451
  12. Is this a grant of rights to purchase shares: No
  13. Total consideration for allocated securities: _________
  14. Security number of the share resulting from exercise: _________
  15. Number of shares resulting from full exercise/conversion: _________
  16. Total additional consideration from full exercise/conversion: _________
  17. Period in which the security can be exercised: _________
  18. From date: _________ to date: _________
  19. Allocated securities will be registered for trading: _________
  20. Allocation is a continuation of: _________ published on: _________, reference number:
  21. The security was fully paid and the consideration was fully received.
  22. The security was fully paid, but the consideration was not fully received.
  23. Issued for ATM program
  24. Other: _________

_________

• 1. Name of registered holder affected by the change: I.B.I. Equity Compensation and Trusts (2004) Ltd.
  2. Type of identification number: Number in the Israeli Companies Registrar
  3. Identification number: 513540070
  4. Nature of the change: Exercise of warrants
  5. Date of change: 30/09/2025
  6. Executed via TASE clearing house: Yes
  7. Type and name of security affected: Shuv AP5/19
  8. Security number on TASE: 1158542

• Holder's balance in last report: 2,596,711

• Holder's balance after change: 2,447,593
• Total quantity of securities increased/decreased: 149,118
• 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 in 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 was fully paid and the consideration was fully received.
• The security was fully paid, but the consideration was not fully received.
• Issued for ATM program
• Other: _________

_________

• 1. Name of registered holder affected by the change: Mizrahi Tefahot Registration Company Ltd.
  2. Type of identification number: Number in the Israeli Companies Registrar
  3. Identification number: 510422249
  4. Nature of the change: Other (Issuance of shares due to exercise of warrants)
  5. Date of change: 30/09/2025
  6. Executed via TASE clearing house: Yes
  7. Type and name of security affected: Ordinary Share
  8. Security number on TASE: 1081942
  9. Holder's balance in last report: 575,076,991
  10. Holder's balance after change: 575,122,125
  11. Total quantity of securities increased/decreased: 45,134
  12. Is this a grant of rights to purchase shares: No
  13. Total consideration for allocated securities: _________
  14. Security number of the share resulting from exercise: _________
  15. Number of shares resulting from full exercise/conversion: _________
  16. Total additional consideration from full exercise/conversion: _________
  17. Period in which the security can be exercised: _________
  18. From date: _________ to date: _________

• Allocated securities will be registered for trading: _________

• Allocation is a continuation of: _________ published on: _________, reference number:
• The security was fully paid and the consideration was fully received.
• The security was fully paid, but the consideration was not fully received.
• Issued for ATM program
• Other: _________

_________

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, performed on the same day, should be summarized in one row. For this purpose – changes performed via the TASE clearing house should be separated from those performed 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 entered, not the par value in NIS.

Change Only in the Register of Holders (No Change in Quantity):

A change occurred only in the register of holders of the corporation's securities (without a change in the quantity of the corporation's securities) as a result of:

Description of the nature of the change: _________

Explanation: Please describe all details of the transaction or action that caused the change in the register.

Details:

• 1. Name of registered holder affected by the change: _________
  2. Type of identification number: _________
  3. Identification number: _________
  4. Date of change: _________
  5. Executed via TASE clearing house: _________
  6. Type and name of security affected: _________
  7. Security number on TASE: _________
  8. Quantity of change: _________
  9. Holder's balance after change: _________

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.	Number in the Israeli Companies Registrar	510422249	1081942	Ordinary Shares 1 NIS par value	575,122,099	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	Identity Card Number	064837123	1081942	Ordinary Shares 1 NIS par value	16	No

• 1. Attached is a file of the shareholder register in accordance with Section 130 of the Companies Law, 1999
• 1. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bond holders marsham_baalei_agach_ve_options_isa.pdf

Details of Authorized Signatories for the Corporation:

No.	Name of Signatory	Position
1	Amit Bierman	CEO
2	Hila Tirosh	Other (Deputy CEO, 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. Staff position on the matter can be found on the Authority's website: Click here.

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

Short name: SHIKUN & BINUI

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.

Name of electronic reporter: Tirosh-Ankari Hila Position: Legal Advisor and Company Secretary Employer company name: SHIKUN & BINUI LTD. Address: HaYarden 1, Kiryat Sde Dov, 70100 Phone: 03-6301517, Fax: 03-6301520 Email: hilat@shikunbinui.com