Opc Energy Ltd.

Major Shareholding Notification • Jan 4, 2026

OPC Energy Ltd

Registrar Number: 514401702

To:

• Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd (www.tase.co.il)

Form No.: T087 (Public)

Transmitted via MAGNA: 04/01/2026

Reference: 2026-01-000949

Statement of Capital, Grant of Rights for Share Purchase, and Securities Registers of the Corporation and Their Changes

Regulation 31e of Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(a) of Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(b1) of Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 32 of Securities Regulations (Periodic and Immediate Reports), 1970

Nature of Change: Exercise of employees' options
Explanation: Please briefly describe the nature of the change.
Reference Numbers of Previous Reports on the Subject:
,,

1. The corporation's securities register after the change:

Name and Type of Security	Security Number	Quantity in Registered Capital	Issued and Paid Up Capital (Last Report)	Issued and Paid Up Capital (Current)	Quantity Registered to Registrar Company
OPC Energy Shares	1141571	500,000,000	301,739,113	301,753,383	301,753,383
OPC BONDS Series 2	1166057	0	441,691,141	441,691,141	441,691,141
OPC BONDS Series 3	1180355	0	663,598,260	663,598,260	663,598,260
OPC BONDS Series 4	1203264	0	658,296,000	658,296,000	658,296,000
OPC EMPLOYEE WARRANT	1184639	0	1,984,597	1,954,031	0
OPC BLOCKED SHARE UNITS (RSU) FOR EMPLOYEES 2022	1184647	0	6,737	6,737	0

Explanation: All company securities must be specified, including securities not listed for trading.

2. The corporation notifies that:

• From date: 01/12/2025 To date: 01/01/2026
• A change occurred in the quantity and register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the change: Exercise of employees' options

Explanation: The transaction or action that caused the change in the corporation's securities should be fully described.

Details:

1. Holder Name Affected by Change: Altshuler Shaham Trusts Ltd

ID Type: Israeli Companies Registrar Number

ID Number: 513901330

Nature of Change: Option exercise

Date of Change: 03/12/2025

Executed via Stock Exchange Clearing House: No Type and Name of Security: OPC EMPLOYEE WARRANT

Security Number: 1184639

Holder balance in the last report: 1,984,597 Holder balance after the change: 1,954,031 Total securities quantity changed: 30,566 Is this a grant of share purchase rights: No Total consideration for allocated securities: _________ Security number for the share resulting from the exercise: _________

Total consideration to be received upon full exercise/conversion: _________

Quantity of shares to result from full exercise/conversion: _________

Period for which the security is exercisable: _________ (from: _________ to: _________)

Allocated securities will be registered for trading: _________

This allocation is a continuation of: _________ published on _________, reference number: _________

☑ The security has been fully paid-up and the consideration received in full.

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.

1. Holder Name Affected by Change: Mizrahi-Tefahot Company for Registration Ltd ID Type: Israeli Companies Registrar Number ID Number: 510422249 Nature of Change: Option exercise Date of Change: 03/12/2025 Executed via Stock Exchange Clearing House: Yes Type and Name of Security: OPC Energy Shares Security Number: 1141571 Holder balance in the last report: 301,739,113 Holder balance after the change: 301,753,383 Total securities quantity changed: 14,270 Is this a grant of share purchase rights: No Total consideration for allocated securities: _________ Security number for the share resulting from the exercise: _________ Quantity of shares to result from full exercise/conversion: _________

Additional Explanations:

1. If the change affects more than one security, specify the effect of the change in a separate line for each security.

This allocation is a continuation of: _________ published on _________, reference number: _________

• 1. Change date All changes of the same type to the same security on one day are summarized in a single line. In this context, distinguish between changes made via the clearing house and those made directly in company records.
• 1. For a reduction, indicate with a "-" sign.
• 1. All quantity fields should be completed with the number of securities, not NIS par value.

Total consideration to be received upon full exercise/conversion: _________

☑ The security has been fully paid-up and the consideration received in full.

Period for which the security is exercisable: _________ (from: _________ to: _________)

3. Main register of shareholders as of the report date:

Allocated securities will be registered for trading: _________

No.	Name of Registered Shareholder	ID Type	ID Number	Exchange Security Number	Type of Shares and Par Value	Quantity of Shares	Holds the shares as trustee
1	Mizrahi-Tefahot Company for Registration Ltd	Israeli Companies Registrar	510422249	1141571	Ordinary shares 0.01 par value	301,753,383	No

4. Attached: File of the register of shareholders per Section 130 of the Companies Law, 1999

Shareholder_Register_isa.pdf

alt: Shareholder register file (PDF)

5. Attached: An updated file on the registers of the corporation's securities, including option holders' register and government bond holders' register

Securities_Register_isa.pdf

alt: Securities register file (PDF)

Authorized Signatories for the Corporation:

No.	Name	Position
1	Giora Almogi	CEO
2	Anna Bernstein	CFO

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.

Explanation: As per Regulation 5 of the Periodic and Immediate Reports Regulations (1970), ^a report filed 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.

Company Details

Short Name: OPC Energy

Address: Menachem Begin 121, Tel Aviv, 6701203

Phone: 073-2505600 Fax: 073-2505606

Email: shiran.kislasi@opc-energy.com

Website: www.opc-energy.com

Previous Names of Reporting Entity:

IC Power Israel Ltd

Electronic Reporter Name: Levi Kislasi Shiran Position: Legal Counsel Employer Company Name:

Address: Menachem Begin 121, Tel Aviv, 6701203 Phone: 073-2505704 Email: shiran.kislasi@opc-energy.com

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

Form Structure Updated: 06/08/2024

End of document.