Shapir Engineering

Share Issue/Capital Change • Nov 24, 2025

SHAPIR ENGINEERING AND INDUSTRY LTD

Registrar Number: 514892801

To: Israel Securities Authority www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd www.tase.co.il

Form Number: T087 (Public) Submitted via MAGNA: 24/11/2025 Reference: 2025-01-090896

Share Capital, Grant of Rights to Acquire Shares, Corporate Securities Registers and Changes Therein

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 Change:

Private allocation of BONDS (Series 3 and Series 4)

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

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.

Security Name/Type	Security No. (TASE)	Registered Capital	Amount Last Report	Current Amount	Amount Registered under Nominee Company
Ordinary Share	1133875	900,000,000	357,736,144	357,736,144	357,736,144
BONDS (Series 2)	1141951	0	358,601,917	358,601,917	358,601,917
BONDS (Series 3)	1178417	0	915,416,667	1,036,660,853	1,036,660,853
BONDS (Series 4)	1226331	0	300,000,000	400,000,000	400,000,000
Unlisted Warrants 12/14	1133883	0	410,444	410,444	410,444
Unlisted Warrants 01/21	1171891	0	16,486,329	16,486,329	16,486,329

Explanation: Specify all securities of the company, including securities not listed for trading.

2. The corporation notifies that:

On date: 24/11/2025 A change occurred in the quantity and register of holders of securities (including rights to purchase shares) of the corporation as a result of: Description of nature of the change: Private allocation of BONDS (Series 3 and Series 4)

Details of the security holders affected by the change:

1. Registered Holder: The Tel Aviv Stock Exchange Clearing House Ltd

ID Type: Israeli Companies Registrar Number

ID Number: 515736817

Nature of Change: Private allocation

Change Date: 24/11/2025

Executed via TASE Clearing: Yes

Type & Name of Security: BONDS (Series 3)

TASE Security Number: 1178417

Holder's balance in last report: 915,416,667 Holder's balance after change: 1,036,660,853

Total amount of securities change (increase): 121,244,186

Is it a grant of rights to purchase shares: No

Securities fully paid and consideration fully received.

2. Registered Holder: The Tel Aviv Stock Exchange Clearing House Ltd

ID Type: Israeli Companies Registrar Number

ID Number: 515736817

Nature of Change: Private allocation

Change Date: 24/11/2025

Executed via TASE Clearing: Yes

Type & Name of Security: BONDS (Series 4)

TASE Security Number: 1226331

Holder's balance in last report: 300,000,000 Holder's balance after change: 400,000,000

Total amount of securities change (increase): 100,000,000

Is it a grant of rights to purchase shares: No

Securities fully paid and consideration fully received.

3. Main register of shareholders at the reporting date

Attached: File of the shareholder register according to the requirements of Section 130 of the Companies Law, 1999 (filename: Meresham_Machzikim_isa.pdf)

1. Attached: Updated file of the corporation's securities registers, including option holders and bondholders registers (filename: Meresham_Machzikim_-_Copy_isa.pdf)*

Authorized signatories for the corporation:

Name	Role
Adv. Amir Shaked	Chief Legal Counsel and Corporate Secretary (Other)

Additional Information:

• The corporation's securities are listed for trading on the Tel-Aviv Stock Exchange.
• Previous name of reporting entity: Shapir Holdings Bareket Ltd.
• Address: Barket St. 12, Petach Tikva 49170, Phone: 03-9169500, Fax: 03-9169600
• Email: amirs@shapir.co.il | Company Website: www.shapir.co.il
• Name of electronic reporter: Shaked Amir
• Position: Legal Counsel and Corporate Secretary
• Employing company: Shapir Civil and Marine Engineering Ltd.
• Address: Bareket 12, Petach Tikva 4951780, Phone: 03-9169555, Fax: 03-9169600, Email: amirs@shapir.co.il

All terms use the following glossary:

• (אג"ח/אגח/אגרות החוב) "BONDS"
• (בעל שליטה/בעלי שליטה) "(s(shareholder controlling"
• (ני"ע) "securities/security"
• (אופ' / אופציות) "warrants"
• (נע"מ) "papers commercial"
• (ע.נ) "value par"
• etc. (as per full glossary above)

This translation is for informational purposes only. For legal purposes, refer to the original Hebrew document.