Major Shareholders

Number of issued shares		44,347,410
Held in treasury by PPHE Hotel Group		2,558,086
Number of issued shares (excluding treasury)		41,789,324

Shareholders with holdings of 5% or more of the Company's issued share capital (excluding treasury) as at 8 September 2024	Number of shares	Percentage of issued share capital (excluding treasury)
Eli Papouchado¹	13,760,260	32.93%
Boris Ivesha	4,636,974	11.10%
Harel Insurance Investments and Financial Services	3,811,757	9.12%
Clal Insurance Enterprises Holdings	3,493,945	8.36%
Aroundtown Property Holdings	3,270,345	7.83%
Other	12,957,456	30.66%

1. Eli Papouchado is deemed to be interested in 13,760,260 Ordinary Shares which are held by Euro Plaza Holdings BV (12,207,843), Red Sea Club Limited (22,417) and A.A. Papo Trust Company Limited (1,530,000).