Turpaz Industries Ltd.

Capital/Financing Update • Oct 1, 2024

This is an English translation of a Hebrew immediate report that was published on October 1, 2024 (reference no.: 2024-01-607619) (hereafter: the "Hebrew Version"). This English version is only for convenience purposes. This is not an official translation and has no binding force. Whilst reasonable care and skill have been exercised in the preparation hereof, no translation can ever perfectly reflect the Hebrew Version. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

Turpaz Industries Ltd. (the "Company")

Company number: 514574524 Address: Halahav 2 Holon Tel: 5560913-03; Fax: 5560915-03

To: To: Reported Via Magna Reported Via Magna

Israel Securities Authority ("ISA") Tel Aviv Stock Exchange Ltd. ("TASE")

October 1, 2024

Re: Immediate Report – Extension of a substantial loan agreement repayment date

Following the Company's immediate report of August 29, 2024 (reference no. 2024-01- 096340) in connection with a loan agreement entered between a wholly owned subsidiary of the Company (the "Subsidiary") and a banking corporation in Israel (the "Banking Corporation"), according to which the Banking Corporation provided the Subsidiary with a short-term loan to the amount of GBP 22 million (USD 29 million) (the "Loan"), the Company is honored to announce that on October 1, 2024, the Loan repayment date was extended by one month (to November 3, 2024), without any other changes to the Loan conditions. For more details regarding the aforementioned Loan, please see the aforementioned immediate report.

Sincerely,

Turpaz Industries Ltd.

Signed by: Karen Cohen Khazon, Chairperson of the Board and CEO