Tel Aviv Stock Exchange Ltd. — Share Issue/Capital Change 2025

Sep 25, 2025

TEL AVIV STOCK EXCHANGE LTD

Registry Number: 520020033

To: Israel Securities Authority To: TEL AVIV STOCK EXCHANGE LTD Form Number: T087 (Public) Transmitted via MAGNA: 25/09/2025 Israel Securities Authority Website: www.isa.gov.il Stock Exchange Website: www.tase.co.il Reference: 2025-01-071990

Statement of Capital, 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:

Exercise of warrants

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 Exchange	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
TEL AVIV STOCK EXCHANGE LTD	1159029	150,000,000	Last Report: 106,180,780 Current: 106,330,905	106,330,905
Stock Exchange Senior Officers	1195049	3,466,041	Last Report: 3,666,041 Current: 3,466,041	0
Stock Exchange CEO 2023	1196310	544,435	Last Report: 544,435 Current: 544,435	0
Stock Exchange Director 25	1219047	33,184	Last Report: 33,184 Current: 33,184	0

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

2. The Corporation Announces That:

On the date: 25/09/2025

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:

Exercise of warrants by a senior officer

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

Section 1

1. Name of registered holder affected by the change: I.B.I. Trust Management Ltd.

• Type of ID number: Company Registrar Number in Israel
• ID Number: 515020428
• Nature of the change: Exercise of warrants
• Date of change: 25/09/2025
• Executed via the Stock Exchange Clearing House: No
• Type and name of security affected: Stock Exchange Senior Officers
• Security number on exchange: 1195049
• Holder's balance in the last report: 3,666,041
• Holder's balance after the change: 3,466,041
• Total quantity of securities increased/decreased: 200,000
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• Security number of the share resulting from the 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: _________
• The allocation is a continuation of: _________ published on _________, reference number _________
• Security was fully paid and consideration received in full: [ ]
• Security was fully paid, but consideration not received in full: [ ]
• Issued for ATM program: [ ]
• Other: [x] Exercise of warrants
• 1. Name of registered holder affected by the change: The Registration Company of the TEL AVIV STOCK EXCHANGE LTD
  2. Type of ID number: Company Registrar Number in Israel
  3. ID Number: 515736817
  4. Nature of the change: Other
  5. Description: Allocation of shares following exercise of warrants
  6. Date of change: 25/09/2025
  7. Executed via the Stock Exchange Clearing House: No
  8. Type and name of security affected: TEL AVIV STOCK EXCHANGE LTD
  9. Security number on exchange: 1159029

• Holder's balance in the last report: 106,180,780

• Holder's balance after the change: 106,330,905
• Total quantity of securities increased/decreased: 150,125
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• Security number of the share resulting from the 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: _________
• The allocation is a continuation of: _________ published on _________, reference number _________
• Security was fully paid and consideration received in full: [x]
• Security was fully paid, but consideration not received in full: [ ]
• 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 one day, will be summarized in one row. For this purpose – changes performed via the Stock Exchange 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 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 Exchange	Type and Par Value of Shares	Number of Shares	Holds Shares as Trustee
1	The Registration Company of the TEL AVIV STOCK EXCHANGE LTD	Company Registrar Number in Israel	515736817	1159029	Ordinary share without par value	106,330,905	No

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

marsham25092025_isa.pdf

Alt: Shareholder register file as of 25/09/2025

1. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bondholders

marshamkoleloptiot_25092025_isa.pdf

Alt: Updated securities registers file as of 25/09/2025

Details of authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Itai Ben Ze'ev	CEO

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 reference numbers of documents 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: TEL AVIV STOCK EXCHANGE LTD

Address: Ahuzat Bayit 2, P.O. Box 29060, Zip Code 6129001, Tel Aviv 6525216 Phone: 076-8160571 Fax: 076-8160331

Email: livnatw@tase.co.il Company website: tase.co.il

Previous names of the reporting entity:

Name of electronic reporter: Freund Keren Rachel Position: Legal Advisor Employer company name: -

Address: Ahuzat Bayit 2, Tel Aviv 6525216 Phone: 076-8160571 Email: kerenf@tase.co.il