Shapir Engineering

Share Issue/Capital Change • Sep 2, 2025

SHAPIR ENGINEERING AND INDUSTRY LTD

SHAPIR ENGINEERING AND INDUSTRY LTD

Registration Number: 514892801

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 02/09/2025 Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il Reference: 2025-01-066338

Capital Status, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Their Changes

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

Nature of the Change:

Exercise of non-tradable options

Explanation: Please briefly describe the nature of the change

Reference numbers of previous reports on the subject: _________, _________, _________.

1. The Corporation's Securities Position After the Change:

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
Ordinary Share	1133875	900,000,000	Last Report: 357,716,057	357,721,327 (Current)
Bonds (Series 1)	1136134	0	68,717,200	68,717,200
Bonds (Series 2)	1141951	0	358,601,917	358,601,917
Bonds (Series 3)	1178417	0	915,416,667	915,416,667
Bonds (Series 4)	1226331	0	300,000,000	300,000,000
Non tradable Warrants 12/14	1133883	0	417,110 (Last)	410,444 (Current)
Non tradable Warrants 01/21	1171891	0	16,556,817	16,556,817

Explanation: All securities of the company must be detailed, including securities not listed for trading.

2. The Corporation Announces That:

On the date: 02/09/2025

A change occurred in the quantity and in the register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: Exercise of employee options according to Option Plan 12/14

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Details of the Change:

• 1. Name of the registered holder affected by the change: I.B.I. Equity Compensation and Trusts (2004) Ltd.
  2. Type of identification number: Number in the Israeli Companies Register
  3. Identification number: 513540070
  4. Nature of the change: Exercise of options
  5. Date of change: 02/09/2025
  6. Executed via the TASE clearinghouse: Yes
  7. Type and name of security affected: Non-tradable Warrants 12/14
  8. Security number on TASE: 1133883
  9. Holder's balance in the last report: 417,110
  10. Holder's balance after the change: 410,444
  11. Total quantity of securities increased/decreased: 6,666
  12. Is this a grant of rights to purchase shares: No
  13. Total consideration for allocated securities: _________
  14. TASE number of the share resulting from the exercise: _________
  15. Number of shares resulting from full exercise/conversion: _________
  16. Total additional consideration from full exercise/conversion: _________
  17. Period in which the security can be exercised: _________
  18. From date: _________ To date: _________
  19. Will the allocated securities be registered for trading: _________
  20. The allocation is a continuation of: _________ published on: _________, reference number: _________
  21. The security has been fully paid and the consideration has been fully received.
  22. The security has been fully paid, but the consideration has not been fully received.
  23. Issued for ATM program
  24. Other: _________
• 1. Name of the registered holder affected by the change: The Registration Company of the Tel Aviv Stock Exchange Ltd.
  2. Type of identification number: Number in the Israeli Companies Register
  3. Identification number: 515736817
  4. Nature of the change: Exercise of options
  5. Date of change: 02/09/2025
  6. Executed via the TASE clearinghouse: Yes
  7. Type and name of security affected: Ordinary Shares
  8. Security number on TASE: 1133875

• Holder's balance in the last report: 357,716,057

• Holder's balance after the change: 357,721,327
• Total quantity of securities increased/decreased: 5,270
• Is this a grant of rights to purchase shares: No
• Total consideration for allocated securities: _________
• TASE number of the share resulting from the exercise: _________
• Number of shares resulting from full exercise/conversion: _________
• Total additional consideration from full exercise/conversion: _________
• Period in which the security can be exercised: _________
• From date: _________ To date: _________
• Will the allocated securities be registered for trading: _________
• The allocation is a continuation of: _________ published on: _________, reference number: _________
• The security has been fully paid and the consideration has been fully received.
• The security has been fully paid, but the consideration has not been fully received.
• Issued for ATM program
• Other: _________

Explanations:

• 1. If the change affects more than one security, the effect of the change must be detailed in a separate row for each security.
• 1. Date of change all changes of the same type, in the same security, made on one day, will be summarized in one row. For this purpose – changes made through the TASE clearinghouse must be separated from changes made directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities must be filled in, not the par value in NIS.

3. Main Register of Shareholders as of the Reporting Date:

No.	Name of Registered Shareholder	Type of ID Number	ID Number	Security Number on TASE	Type and Par Value of Shares	Number of Shares	Holds Shares as Trustee
1	___	___	___	___	___	___	___

• 1. Attached is a file of the register of shareholders in accordance with Section 130 of the Companies Law, 1999: [marsham_machzikim_isa.pdf]
• 1. Attached is an updated file of the registers of the corporation's securities, including the register of warrant holders and the register of bond holders: [marsham_machzikim_- _Copy_isa.pdf]

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Adv. Amir Shaked	Other (Chief Legal Counsel and Company Secretary)

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the Authority's website: Click here.

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

Short Name: SHAPIR ENGINEERING AND INDUSTRY LTD

Address: Bareket 12, Petah Tikva 49170 Phone: 03-9169500, Fax: 03-9169600 Email: amirs@shapir.co.il Company Website: www.shapir.co.il

Previous names of the reporting entity: Shapir Holdings Bareket Ltd.

Name of electronic reporter: Shaked Amir Position: Legal Counsel and Company Secretary Employer: Shapir Civil and Marine Engineering Ltd. Address: Bareket 12, Petah Tikva 4951780 Phone: 03-9169555, Fax: 03-9169600 Email: amirs@shapir.co.il

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

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

Form structure update date: 06/08/2024

Short Name: SHAPIR ENGINEERING AND INDUSTRY LTD

Address: Bareket 12, Petah Tikva 49170 Phone: 03-9169500, Fax: 03-9169600 Email: amirs@shapir.co.il Company Website: www.shapir.co.il

Previous names of the reporting entity: Shapir Holdings Bareket Ltd.

Name of electronic reporter: Shaked Amir Position: Legal Counsel and Company Secretary Employer: Shapir Civil and Marine Engineering Ltd. Address: Bareket 12, Petah Tikva 4951780 Phone: 03-9169555, Fax: 03-9169600 Email: amirs@shapir.co.il