Turpaz Industries Ltd.

Major Shareholding Notification • Nov 27, 2025

TURPAZ INDUSTRIES LTD

Company Number: 514574524

To: Securities Authority

www.isa.gov.il

To: Tel Aviv Stock Exchange Ltd

www.tase.co.il

Form Number: T076 (Public)

Sent via MAGNA: 27/11/2025 Reference: 2025-01-093888

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting changes in holdings of the reporting entity's securities only. For reporting changes in holdings in securities of a subsidiary of the reporting entity if its activity is essential to the reporting entity's operations, Form T121 should be used.

1

Name of Corporation/Last Name and First Name of Holder:

Keren Cohen Khazon

Type of Identification Number:

ID Card Number

Holder's Identification Number:

024429227

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.

Type of Holder:

Director/CEO

Does the hedge fund have the right to appoint a director or a representative to the company's Board of Directors:

Does the holder serve as a representative for reporting the holding of several shareholders who together hold securities of the corporation:

No

Name of the controlling shareholder in the interested party:

Identification Number of the controlling shareholder in the interested party:

Citizenship/Incorporation or Registration Country:

Private individual with Israeli citizenship

Country of citizenship/incorporation or registration:

Security Number on the Stock Exchange:

1175611

Name and Type of Security:

Turpaz

Nature of the Change:

Decrease

Due to sale off the exchange

Note: Buying or selling of shares on the stock exchange by means of a matched transaction, as defined in Part III of the Stock Exchange Regulations, will be classified as an off-exchange transaction, while disclosure should be given in the free text field that the transaction was conducted this way.

Is this a change in one transaction or multiple transactions (cumulative change):

One transaction

Date of Change:

27/11/2025

Transaction Price:

6,000

Currency: agorot

Are these dormant shares or securities convertible into dormant shares:

No

Balance (number of securities) in last report:

43,339,441

Holding percentage of this type of security in the last report (%): 40

Change in number of securities:

833,333-

Current balance (number of securities):

42,506,108

Current holding percentage of this type (%): 39.23

Holding percentage after the change:

Share Capital: 39.23% Voting Power: 39.23%

Note: The holding percentage after the change does not relate to convertible securities.

Holding percentage after the change on full dilution:

Share Capital: 38.30% Voting Power: 38.30%

Note No.: 1

2

Name of Corporation/Last Name and First Name of Holder:

Leshem Israel

Holder's Identification Number: 051210177
Type of Holder: Director/CEO
Does the hedge fund have the right to appoint a director or a representative to the company's Board of Directors:
Does the holder serve as a representative for reporting the holding of several shareholders who together hold securities of the corporation: No
Name of the controlling shareholder in the interested party:
Identification Number of the controlling shareholder in the interested party:
Citizenship/Incorporation or Registration Country: Private individual with Israeli citizenship Country of citizenship/incorporation or registration:
Security Number on the Stock Exchange: 1175611

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

Type of Identification Number:

version. For more information, please review the legal disclaimer.

Name and Type of Security:

Nature of the Change:

Due to sale off the exchange

Turpaz

Decrease

ID Card Number

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.

Note: Buying or selling of shares on the stock exchange by means of a matched transaction, as defined in Part III of the Stock Exchange Regulations, will be classified as an off-exchange transaction, while disclosure should be given in the free text field that the transaction was conducted this way.

Is this a change in one transaction or multiple transactions (cumulative change):

One transaction

Date of Change:

27/11/2025

Transaction Price:

6,140

Currency: agorot

Are these dormant shares or securities convertible into dormant shares:

No

Balance (number of securities) in last report:

4,200,000

Holding percentage of this type of security in the last report (%): 3.88

Change in number of securities:

170,000-

Current balance (number of securities):

4,030,000

Current holding percentage of this type (%): 3.72

Holding percentage after the change:

Share Capital: 3.72% Voting Power: 3.72%

Note: The holding percentage after the change does not relate to convertible securities.

Holding percentage after the change on full dilution:

Share Capital: 3.63% Voting Power: 3.63%

Note No.: 2

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.

Note: If the value increase was due to a forced purchase of loaned securities or value decrease due to a forced sale of loaned securities, then loaned securities not returned to the lender such that the lending action becomes a forced purchase and the lending is considered a forced sale.

Notes

No.	Note
1	The shares were sold to a leading global investment bank. The sales transaction also included the granting of an option to purchase 416,667 shares of the company held by Ms. Cohen Khazon, at an exercise price of 6,300 agorot per share, subject to customary adjustments in such transactions. The option may be exercised by a single transaction during the period from November 27, 2025, until May 27, 2026. Simultaneously with this transaction, other sales transactions were made by additional interested parties in the company to the same buying entity, as detailed in the immediate reports disclosed together with this report.
2	Director in the company. Holds directly and through Dr. Israel Leshem, Law Firm, a private company wholly owned by him.

• 1. Was the full consideration paid at the time of the change: Yes
• 1. If no, please specify date of full payment:
• 1. If the change is by signing a loan agreement, please specify the method of loan termination:

Note: Holding percentages should be stated while considering all securities held by the interested party.

• 1. Date and time on which the corporation first learned of the event or matter: 27/11/2025 at 19:00
• 1. Details of actions that caused the change:

Details of Authorized Signatories on behalf of the Corporation:

	Name	Position
1	Yoni Adini Cohen	Other: Legal Counsel and Company Secretary

Note: 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. Staff stance on this matter can be found on the authority's website: Click here

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

Short Name: Turpaz

Address: 10 Hashita St., Caesarea 3079856

Phone: 03-5598211 Fax: 03-5598212

Email: info@turpaz.co.il

Company Website: www.turpaz.co.il

Previous names of the reporting entity:

Electronic reporter's name: Yoni Adini

Position: Chief Legal Advisor and Company Secretary

Phone: 054-8010552 Email: yoni@turpaz.co.il

Address: 2 Halev St., Holon 5885708

No images were provided in the source document.