^{}[] 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.

Azorim Investment, Development & Construction Co. Ltd.

AZORIM-INVESTMENT, DEVELOPMENT & CONSTRUCTION CO. LTD

Number in the Registrar: 520025990

To: Israel Securities Authority
www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd.
www.tase.co.il

T076 (Public)

Filed via MAGNA: 09/07/2026

Reference number: 2026-01-065628

Immediate report on changes in holdings of interested parties and senior officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

Note: This form is intended for reporting a change in holdings in securities of the reporting corporation only. For reporting a change in holdings in securities of a held company of the reporting corporation if its activity is material to the activity of the reporting corporation, use Form T121.

1 Name of corporation / surname and first name of the holder: Chaym Hersh Friedman

Name of corporation / surname and first name of the holder in English as registered with the Registrar of Companies or in the passport:

Chaym Hersh Friedman

Type of identification number: Passport number

Identification number of the holder: AD855533

Type of holder: Interested party who does not meet any of the other definitions

The hedge fund has the right to appoint a director or its representative to the company's board of directors

Is the holder acting as a representative for the purpose of reporting on several shareholders holding together with him securities of the corporation: Yes

Name of the controlling shareholder in the interested party N/A

Identification number of the controlling shareholder in the interested party N/A

Citizenship / country of incorporation or registration: Private individual without Israeli citizenship

Country of citizenship / incorporation or registration: Canadian passport

Stock exchange security number: 715011

Name and type of security: Ordinary share

Nature of the change: Increased due to purchase on the stock exchange

Note: Purchase or sale of shares on the stock exchange by means of a matched transaction, as defined in Part Three of the TASE Regulations, shall be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was carried out in this manner.

Is this a change by way of one transaction or several transactions (cumulative change): Several transactions

Date of change: 09/07/2026

Transaction price: 1,610 Currency Agorot

Whether they are dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 140,303,813 Holding percentage of all securities of the same type in the last report: % 63.82

Change in quantity of securities: 625,583+

Current balance (in quantity of securities): 140,929,396 Current holding percentage of all securities of the same type: % 64.11

^{}[] 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.

Holding percentage after the change: In equity: % 64.11 In voting power: % 64.11

Explanation: The holding percentage after the change does not refer to convertible securities.

Holding percentage after the change on a fully diluted basis: In equity: % 62.84 In voting power: % 62.84

Note no. 1

Note: If the value "Increase due to forced purchase of borrowed securities" or the value "Decrease due to forced sale of borrowed securities" was selected, then borrowed securities that were not returned to the lender and therefore the lending action became a forced purchase and the lending action a forced sale.

1. Was the full consideration paid on the date of the change Yes

If the full consideration was not paid on the date of the change, please specify the date of completion of payment:

1. If the change is by way of signing a lending agreement, please specify details regarding the manner of termination of the lending:

Explanation: The holding percentages must be stated taking into account all securities held by the interested party.

1. The date and time on which the corporation first became aware of the event or matter 09/07/2026 at 17:34
2. Details of the actions that caused the change

Details of the authorized signatories signing on behalf of the corporation:

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730 - 1970), a report submitted pursuant to these regulations shall be signed by those authorized to sign on behalf of the corporation. Staff position on this issue can be found on the Authority's website: Click here.

Reference numbers of previous documents on the subject (the reference does not constitute inclusion by way of reference):

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

Form structure update date: 04/02/2025

Short name: Azorim

Address: Aranha32, Tel Aviv6107034 Telephone: 03-7613401, 03-5632770Fax: 03-7613405

Email: [email protected]

Former names of reporting entity:

Name of electronic reporter: Shtressler Levi Position: Chief Financial Officer Name of employing company:

Address: Oswaldo Aranha 32, Tel Aviv 6107034 Telephone: 03-5632632Fax: 03-5632620 Email: [email protected]