Shapir Engineering

Share Issue/Capital Change • Nov 23, 2025

SHAPIR ENGINEERING AND INDUSTRY LTD

Registered Number: 514892801

To:

Israel Securities Authority (www.isa.gov.il)

Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form Number: T138 (Public / Cover Page)

Date Filed via MAGNA: 23/11/2025 Reference Number: 2025-01-090622

Supplementary Report to the Report Filed on: 20/11/2025

Reference Number: 2025-01-089626

Key Details Added / Completed:

Update on the weighted discount rates relating to the expansion of the BONDS series and details regarding the first payment dates.

Immediate Report on a Private Placement

Regulations 3(a)(1), 20, 21, 17(c) of the Securities Regulations (Private Offer of Securities in ^a Listed Company), 2000

Note: If this is a private placement that is also a transaction with a controlling shareholder, only form T-133 should be completed. Note: This form also serves for submitting a corrective or amended report.

Reference Numbers of Previous Reports on the Subject: ________, ________, ________

1. Immediate report on a private placement is hereby submitted.

Private\_Offer\_Supplemental\_Report\_isa.pdf

Explanation: If the agenda of the meeting includes topics other than approval of the private placement, all required details by law must be included in the attached file.

2. Type of Offering

Material

3. Date of Transaction Approval by the Board

19/11/2025
Reference number of the preliminary report:, date submitted:
Explanation: Must be provided if a preliminary report was filed.

4. Securities Allocated

No.	Type of Security	Stock Exchange Number	Quantity of Shares / Securities Convertible/Exercisable into Shares	Quantity of Shares from Exercising Convertible Securities	Company's Share Security Number	Basic Share Price on the Trading Day before Report Submission	Voting Rights %	Equity %
1	Debenture (BONDS)	1178417	000	000	000	000	000	000
2	Debenture (BONDS)	1226331	000	000	000	000	000	000

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: The percentage will be calculated according to the rights in the company before the offering; if convertible securities are allocated, state the percentage as if they were converted or exercised.

The quantity is calculated before capital unification. ** According to the report originally submitted or preliminary offering report, as applicable.

5. Number of offerees in the past 12 months, excluding sophisticated offerees: 0

offered 6. Were the securities deposited with a trustee? No
Details of Trustee:
7. Financial Statements under Regulation 9(2) attached to this report? Not attached
Name of Accountant:
The review report/opinion of the accountant for the attached financial statements is identical to the originally signed version provided to the company.
If financial statements were not attached, reason: The corporation is a public company Further details:
8. Is a general meeting required? No
That was scheduled for:
Note: If a meeting is required, its details must be reported in form T460.

9. Details of the company representative for handling this transaction report, including office address and contact information:

Adv. Amir Shaked, Chief Legal Counsel and Corporate Secretary, at the company offices at 12 Bareket St, Petach Tikva, with prior arrangement at tel. 03-9169553.

10. The company approached the Stock Exchange on: 20/11/2025, to obtain a listing approval for the offered shares or those derived from securities offered according to this report.

Details of Authorized Signatories for the Corporation

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

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by the authorized signatories of the corporation. Staff 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

Address: 12 Bareket St., Petach Tikva, 49170

Phone: 03-9169500 Fax: 03-9169600

Email: amirs@shapir.co.il

Company Website: www.shapir.co.il

Previous names of reporting entity: Shapir Holdings Bareket Ltd.

Electronic Reporter Name: Shaked Amir Role: Legal Counsel and Corporate Secretary

Employing Company: Shapir Civil and Marine Engineering Ltd.

Address: 12 Bareket St., Petach Tikva, 4951780

Phone: 03-9169555 Fax: 03-9169600

Email: amirs@shapir.co.il

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.

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

Date of form structure update: 21/10/2025