Tel Aviv Stock Exchange Ltd. — Director's Dealing 2025

Dec 9, 2025

THE TEL-AVIV STOCK EXCHANGE LTD

Company Registration Number: 520020033

To:

• Israel Securities Authority
• The Tel-Aviv Stock Exchange Ltd

Form Number: T079 (Public) MAGNA Transmission Date: 09/12/2025 Reference: 2025-01-097898

Immediate Report on Person Who Ceased to be an Interested Party in the Corporation

According to Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: Whenever reference is made to an "Interested Party", this also refers to a person with a significant means of control in a banking corporation without a control core.

1. Details of the Holder:

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.
First Name: Merav
Last Name/Corporation Name: Ben Cnaan Heller
First Name in English (as in passport): Merav
Last Name in English: Ben Cnaan Heller
Type of Identification Number: Identity Card Number
Identification Number: 029641883
Citizenship / Country of Incorporation or Registration: Private individual with Israeli citizenship
Country of Citizenship / Incorporation or Registration:
Address: 38 Shim'on Ben Tzvi, Giv'atayim
Is the holder acting as a representative for reporting a number of shareholders holding securities of the
corporation together with them: No
2. Details of the Action Due to Which the Holder Ceased to be an Interested Party in the Corporation:
Essence of the Action: Not involving a transaction in securities
Other:
Ms. Merav Ben Cnaan Heller has ended her tenure in the company.
Name and type of the security the action refers to: TASE Senior Officer Securities
Security number on the Exchange: 1195049
Date of the action: 09/12/2025
Quantity of securities involved: 0 Price at which the action was performed: 0 agorot (Ag')
Other:
Whether the securities are dormant or convertible to dormant shares: No

If not all consideration was paid at the date of change, please state date of completion: _________

3. (A) Holdings After the Action:

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.

Name, Type, and	Security Number	Quantity of	Dormant	Holding	Holding Percentage
Series of Security	on Exchange	Securities		Percentage (%)	(Full Dilution) (%)
TASE Senior Officer Securities	1195049	57,898	No	Equity: 0.06, Voting: 0.06	Equity: 0.06, Voting: 0.06

(B):

					The holder is not a member of an institutional reporting group.
--	--	--	--	--	-----------------------------------------------------------------	--	--

• The holder is not a member of an institutional reporting group, but serves or served as an officer in a company not as CEO or director and was not an interested party by virtue of their holdings.
• The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Permitted Assets for Purchase and Holding in a Fund and their Maximum Percentages), 1994.
• The hedge fund has a right to appoint a director or representative to the company's board: _________
• The holder is a member of an institutional reporting group. Below are his holdings:

Holder	Name, Type, and Series of Security	Security Number on Exchange	Quantity of Securities	Dormant

Explanations:

• 1. If the interested party holds more than one type of security, state the holding percentages considering all securities held by him in one row only.
• 1. Also report on other security holdings including those not listed for trading.
• 1. In case the interested party is a subsidiary, split between shares acquired before and after the Companies Law, 1999 came into effect.
• 1. When the holder is not a member of an institutional reporting group, fill out only section 3(A). When a member, fill out 3(A) and 3(B).
• Indicate whether these are dormant shares or securities convertible to dormant shares

4. Additional Details:

With regard to section 2 above, it is noted that prior to the end of her tenure in the company, Ms. Ben Cnaan Heller was granted 62,791 warrants convertible into 62,791 ordinary shares of the company. According to the terms of the company's compensation plan, shortly after termination of her tenure, 4,893 warrants expired and she remained with 57,898 warrants.

5. Date and Time the Corporation First Learned of the Event or Matter:

09/12/2025 at 00:00

Details of the Authorized Signatories for the Corporation:

No.	Name of Signatory	Position
1	Itai Ben Ze'ev	Chief Executive Officer

Explanation: According to Regulation 5 of the Periodic and Immediate Report Regulations (1970), a report submitted pursuant to 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 reference numbers for related documents (mention not a sweep-in by reference): None specified.

General Company Information

Short Name: TASE Address: Achuzat Bayit 2, P.O. Box 29060 ZIP 6129001, Tel Aviv 6525216 Phone: 076-8160571 Fax: 076- 8160331 Email: livnatw@tase.co.il Website: tase.co.il

Person submitting electronically: Freund Keren Rachel Position: Legal Advisor Employing Company Name: - Address: Achuzat Bayit 2, Tel Aviv 6525216 Phone: 076-8160571 Email: kerenf@tase.co.il

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.

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