Tel Aviv Stock Exchange Ltd. · TASE:TASE
Tel Aviv Stock Exchange — Alony Hetz Properties and Investments — Corporate Update (March 2026)
38 slides from Tel Aviv Stock Exchange's corporate update, March 2026
Slide 1: Investor Presentation - Group Business Update - March 2026
This document constitutes an unofficial translation of the original Hebrew document. The Hebrew version is the binding version. This translation was prepared for convenience purposes only. AMOT / ToHa2 / Tel Aviv (image) INVESTOR PRESENTATION - GROUP BUSINESS UPDATE - MARCH 2026
Slide 2: General Notes to the Presentation
ALONY HETZ General Notes to the Presentation This presentation was prepared by Alony Hetz Properties and Investments Ltd. ("the Company"), and is intended solely for investors. It does not constitute an offer to purchase or sell securities of the Company or an invitation to receive bids, as noted, a
Slide 3: Alony Hetz
AMOT / ןAmot Atrium / Ramat-Gan / Israel 3 ALONY HETZ Investor Presentation - Group Business Update - March 2026
Slide 4: Business Strategy
ALONY HETZ Business Strategy Focus on two sectors The Group companies Conservative financial The Group companies The Group operates generate constant, stable management policy - are engaged in the with awareness of Income-producing and long-term cash maintaining a high level of development of projec
Slide 5: Key events from the beginning of 2025 until the presentation publication date
ALONY HETZ Key events from the beginning of 2025 until the presentation publication date • Investment of ILS 1.2 Billion in investees. • Obtaining control of Carr upon completion of the redemption of JPM's holdings. • Debt raising with net porceeds of ILS 770 million, through the expansion of Series
Slide 6: Holdings Structure as of publication date
ALONY HETZ Holdings Structure as of publication date of this presentation Income-producing Income-producing Income-producing Renewable energy properties properties properties 50.0% 79.9% 85.0% 49.5% Offices, retail, Offices and residential in Offices and research Electricity generating and industria
Slide 7: Investment Portfolio
ALONY HETZ Investment Portfolio AMOT / ToHa I / Tel Aviv, Israel Investment Portfolio Composition Dividend Forecast for 2026 / NIS Million Changes in Investment Portfolio IFRS in 2025 / NIS million as of December 2025 / economic* 589 )661( 3% 1,175 )402( other investments** 323 11,335 Amot 10% 39% 3
Slide 8: Structure of Financial Debt and Leverage
ALONY HETZ Structure of Financial Debt and Leverage (Company expanded solo) Leverage / net (%) in books (IFRS) The Company's bonds are rated "Aa3" stable outlook by Midroog and "ilAA-" According to stable outlook by Ma'alot. adjusted NAV (see slide 10) 52.4 48.5 49.8 39.2 The Company is in complianc
Slide 9: Equity
ALONY HETZ Equity CARR / MIDTOWN CENTER / Washington DC, USA Changes in equity in 2025 - majority shareholders \ NIS million Changes in equity - majority shareholders \ NIS million 404 )353( 351 5,609 7,710 5,414 )207( 5,414 5,609 5,002 Profit before Effect of Exercise of 2022 2023 2024 2025 1.1.202
Slide 10: Measurement of Net Assets Value (NAV) vs. Adjusted NAV
ALONY HETZ Measurement of Net Assets Value (NAV) based on financial statements vs. Adjusted NAV / NIS million Investments from January 2026 Additional adjustments as of the Data from financial statements Adjusted data as of Measurement as of December 2025 until presentation publication date of updat
Slide 11: Operating cash flows (company solo)
ALONY HETZ Operating cash flows (company solo) / NIS million* Cash flow from operations / in NIS million Cash flow per share / in Agorot Year Year Year Operating cash flows per share 2023 2024 2025 Ordinary dividend per share Weighted average number of shares used in the calculation (in millions) Di
Slide 12: Amot
AMOT / Halechi st. / Bnei Brak, Israel 12 Investor Presentation - Group Business Update - March 2026
Slide 13: Amot Key Data for end of 2025
AMOT Key Data for end of 2025 No. of leased GLA Occupancy Weighted average Balance Sheet Structure / in NIS billion Real properties rate cap rate Estate 111 1.9 million sqm. 93.3% 6.3% 3.8 21.5 2.3 Income 9.3 1.2 million sqm above Producing ground space 17.7 No. of GLA Total Real projects constructi
Slide 14: Amot Additional data
AMOT Additional data AMOT / ToHa I / Tel Aviv, Israel Breakdown in value of income-producing properties * Geographic breakdown of properties 7% Supermarkets and others 35% 25% 17% retail Tel Aviv other areas in Israel Metropolitan 47% Offices 75% 29% Central region Industrial and logistics parks 40%
Slide 15: Amot Additional financial data
AMOT Additional financial data NOI / NIS million Per share cash flows data / in Agorot (NIS 0.01) 1,043 1,060 1,085 FFO per share according to management's approach 1,004 Ordinary dividend per share Special dividend per share The Company declared a dividend policy for 2026, whereby a dividend of NIS
Slide 16: Projects under construction, last expected to complete in 2028
AMOT 1 Projects under construction, with the last one expected to be completed in 2028 Potential future for increase in NOI / NIS million +30% 256 1,411 1,089 66 1,155 2 3 Annualized NOI - following Stabilized NOI NOI from development Total NOI 2025 the occupancy projects, with a of vacant spaces re
Slide 17: ToHa II
AMOT ToHa II Amot's part 50%. The data is presented based on 100% Signing of a lease agreement with Google for 60 thousand sqm (shell and core) for a 10-year period commencing at the beginning of 2027, in consideration for annual rental fees of NIS 120 million. Construction cost GLA 3.3 NIS billion
Slide 18: Brockton Everlast
BROCKTON EVERLAST / CSP / ןCambridge UK 18 Investor Presentation - Group Business Update - March 2026
Slide 19: Brockton Everlast Key Data as of Year End 2025
BROCKTON EVERLAST Key Data as of Year End 2025 No. of GLA WALT Occupancy Weighted average Balance Sheet Structure / in million GBP Real leased assets rate cap rate Estate Income 11 1.4 4.0 94.8% 6.0% Producing million sqf. years 492 1,193 373 325 Income producing No. of GLA Total construction assets
Slide 20: Brockton Everlast Additional Information
BROCKTON EVERLAST Additional Information Breakdown by geographic regions according to value of properties and use 46% London metro area office portfolio 7% 1.2 Oxford GBP billion London, United Kingdom / THE SHARD / BROCKTON CAPITAL FUND III 54% Science Real Estate Innovation & 47% Cambridge 20 Inve
Slide 21: The Dovetail development
BROCKTON EVERLAST Future GLA Construction period* 445 thousand sqf. 2025-2029 Cost invested Outstanding balance for investment* 179 million GBP 520 BROCKTON EVERLAST / THE DOVETAIL / London UK million GBP Balance of required Forecasted equity stabilized NOI* 100 million GBP 52 million GBP * This is
Slide 22: Paddington London - Waterside House
BROCKTON EVERLAST Paddington London Leasing the entire building Value as of Year end 2025 for use as its headquarters 192 million GBP BROCKTON EVERLAST / The Waterside House / London UK Current GLA Future GLA* 238 thousand sqf. 413 thousand sqf. In accordance with the zoning plan being promoted by B
Slide 23: The Fenway
BROCKTON EVERLAST The Fenway Total Land Area Value as of year end 2025 44 thousand sqm 205 million GBP The Fenway Other BE properties CSP BROCKTON EVERLAST / THE Fenway / CSP Current GLA Future GLA* 183 thousand sqf. 756 thousand sqf. based on achieved planning consent * This is forward-looking info
Slide 24: Carr
CARR / 1700 NEW YORK / Washington DC, USA 24 Investor Presentation - Group Business Update - March 2026
Slide 25: Carr Key Data as of Year End 2025
CARR Key Data as of Year End 2025 No. of assets GLA WALT Occupancy Weighted Balance Sheet Structure/ in million USD Income rate average cap rate producing 7 2.3 million sqf. 10.7 years 92.6% 7.8% 1,649 65 1,714 1,057 No. of No. of GLA Total Development Projects apartments construction costs Projects
Slide 26: Carr Additional financial data
CARR Additional financial data NOI / USD million NOI / USD million 164 6 )19( 150 137 5 )14( 128 2023 2024 SSNOI Dispositions 2025 SSNOI and new Dispositions 2026 properties forecast* FFO / USD million based on management's approach 70 63 )13( 7 57 )9( 2 50 Decrease in Other changes 2026 2023 2024 D
Slide 27: Acquisition of office buildings in Washington DC
CARR Acquisition of office buildings in Washington DC 1401 New York Ave. Washington DC Year built Last major renovation 1982 2016 Leasable area Occupancy rate 211 thousand sqf. 90% Lease term remaining NOI at acquisition (annualized) 4.6 years 9.5 USD million CARR / New York 1401 / Washington DC, US
Slide 28: 1401 New York Ave. location
CARR Acquisition of office buildings in Washington DC / 1401 New York Ave. Georgetown Dupont Circle Walter E. Washington Convention Center 1401 NEW YORK The White House National Mall 1401 NEW YORK Lincoln Washington Memorial Monument Prominent The U.S. Customers Capitol Retail Highlights City View 2
Slide 29: Rental Residential Development projects
CARR Rental Residential Development projectsn(*) CARR / 2121 Virginia , Washington DC, USA Project 425 Montgomery 3033 Wilson 2121 Virginia Total Location Alexandria, VA Arlington, VA Washington, DC GLA 250 thousand sqf. 300 thousand sqf. 230 thousand sqf. 780 thousand sqf. No. of Units 237 316 319
Slide 30: 2121 Virginia Ave. development
CARR Development of rental residential projects* / 2121 Virginia Ave. Dupont Circle Georgetown 2121 VIRGINIA The White State Department House Lincoln Washington Memorial Monument 2121 VIRGINIA Retail Highlights City View * All the data in this slide is forward-looking information - see general comme
Slide 31: 425 Montgomery development
CARR Development of rental residential projects* / 425 Montgomery National Mall The White The U.S. House Capitol Arlington National Cemetery The Pentagon Ronald Reagan, Washington National Airport 425 MONTGOMERY 425 MONTGOMERY Retail Highlights City View )(הדמיה © Mapbox, © OpenStreetMap * All the
Slide 32: 3033 Wilson development
CARR Development of rental residential projects* / 3033 Wilson 3033 WILSON National Mall The White House Arlington National Cemetery The U.S. Capitol 3033 The WILSON Pentagon Ronald Reagan, Washington National Airport Retail Highlights City View © Mapbox, © OpenStreetMap 32 Investor Presentation - G
Slide 33: Energix
Energix / Banie, Poland 33 Investor Presentation - Group Business Update - March 2026
Slide 34: Energix Key Data
ENERGIX Key Data Vertically Intergrated Revenue Growth / 2.3GW+ in ILS million 0.6GWh Combines development to commercial operation throughout the life of the project, by leading engineering & financial Poland 1.7GW+ experts with proven capabilities. 0.5GWh Israel Global company USA 1.3GW+ Global ope
Slide 35: Key actions in 2025 and forecast for 2026
ENERGIX Key actions in 2025 and forecest for 2026 2025 Investments in projects in the amount of NIS 2.4 billion Change in organization structure aimed for for expansion Strategic process execution 2026 Capitalizing on existing pipeline in the PJM grid Expansion into MISO grid Establishing Poland as
Slide 36: Strategic plan highlights
ENERGIX Strategic plan highlights (*) USA Providing energy solutions for Expanding into MISO, MISO data centers in USA The Second-Largest U.S. Current operations include PV, storage, and substation Renewable Energy Market PJM construction. Energix holds strategic grid connections in key via Strategi
Slide 37: Strategic plan highlights: pipeline and 2027 targets
ENERGIX Strategic plan highlights (*) Company project pipeline Roadmap for Achieving 2027 Grid Connection Forecast as of publication date end of year Targets Pipeline 5.8GW+ Advanced Development 11.6GWh To be Constructed and Connected by the end of 0.5GW+ 2027 0.3GWh 4.0GW+ Under constructionand 1.9
Slide 38: AMOT / Halechi st. / Bnei Brak, Israel
AMOT / Halechi st. / Bnei Brak, Israel Alony Hetz Properties and Investments Ltd. / Amot-Atrium Tower, 40th Floor 2 Jabotinsky Street Ramat Gan Telephone: 972-3-7521115 info@alony-hetz.com
Alony Hetz Properties and Investments — Corporate Update (March 2026) on 6ix