Econergy Renewable Energy Ltd. — Share Issue/Capital Change 2026

Jun 1, 2026

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.

Econergy Ltd.

Number in the Registrar: 516339777

To: Israel Securities Authority
To: Tel-Aviv Stock Exchange Ltd.
T087 (Public)
Filed on MAGNA: 01/06/2026

www.isa.gov.il
www.tase.co.il
Reference: 2026-01-051846

Capital status, grant of rights to purchase shares and the company's securities registers and the changes thereto
Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970
Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970
Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970
Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Nature of the change: Conversion of the company's BONDS (Series 1) and private allocation of shares and of blocked RSU share units
Explanation: briefly describe the nature of the change

Reference numbers of previous reports on the subject: _, _, ____.

1. The company's securities status after the change:

Name and type of security	No. of security on the stock exchange	Quantity in registered capital	Issued and paid-up capital		Quantity registered in the name of the registration company
			Quantity in last report	Current quantity
Econergy share	1178334	200,000,000	67,442,598	76,671,341	76,671,341
Econergy employee option	1178342	——	178,353	178,353	0
Econergy Bond A	1182518	——	20,701,107	18,497,397	18,497,397
Econergy BONDS B	1214428	——	569,452,811	569,452,811	569,452,811
Econergy BONDS C	1235233	——	500,000,000	500,000,000	500,000,000
Econergy Warrant 05/22	1187525	——	100,000	100,000	0
Econergy Employee 23	1196021	——	1,553,186	1,553,186	0
Econergy Warrant 3/23	1196013	——	150,000	150,000	0
Econergy employees	1223593	——	1,782,330	1,782,330	0
Econergy RSU others	0000000	——	0	98,752	0

Explanation: all the company's securities must be specified, including securities not listed for trading.

1. The company reports that:

☐ On the date
☐ From the date 20/05/2026 to the date 01/06/2026

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

Description of the nature of the change: Conversion of the company's BONDS (Series 1) and private allocation of shares and of blocked RSU share units

Explanation: describe all details of the transaction or action as a result of which a change occurred in the company's securities.

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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.

1

Name of the registered holder in respect of whom the change occurred: The Registration Company of the Tel Aviv Stock Exchange Ltd. Type of ID number: Number in the Israeli Companies RegistrarID number: 515736817 Nature of the change: Bond conversion Date of change: 29/05/2026Executed via the stock exchange clearing house: Yes Type and name of security in which the change occurred: Econergy Bond A Security No. on the stock exchange: 1182518 Balance of the holder in the security in the last report: 20,701,107 Balance of the holder in this security after the change: 18,497,397 Total quantity of securities in which there was a decrease/increase: 2,203,710 Is this a grant of rights to purchase shares No Total consideration for securities allotted: The stock exchange number of the share that will result from exercise of the security: Number of shares that will result from full exercise/conversion of the security: Total exercise premium to be received from full exercise/conversion of the security into shares: Period during which the security may be exercised: From From Total

2

Name of the registered holder in respect of whom the change occurred: The Registration Company of the Tel Aviv Stock Exchange Ltd. Type of ID number: Number in the Israeli Companies RegistrarID number: 515736817 Nature of the change: Other Increase in share capital as a result of conversion of BONDS (Series 1) Date of change: 29/05/2026Executed via the stock exchange clearing house: Yes Type and name of security in which the change occurred: Econergy share Security No. on the stock exchange: 1178334 Balance of the holder in the security in the last report: 67,442,598 Balance of the holder in this security after the change: 67,504,675 Total quantity of securities in which there was a decrease/increase: 62,077 Is this a grant of rights to purchase shares No

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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.

Total consideration for securities allotted: ___
The stock exchange number of the share that will result from exercise of the security: ___
Number of shares that will result from full exercise/conversion of the security: ___
Total exercise premium to be received from full exercise/conversion of the security into shares: ___
Period during which the security may be exercised: ___
From _ until _
The securities allotted will be registered for trading: ___
The said securities allocation is further to _ published on _ and its reference number is ___
☐ The security has been fully paid up and the consideration has been fully received.
☐ The security has been fully paid up, but the consideration has not been fully received.
☐ Issued under an ATM program
☐ Other.
____
3
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Type of ID number: Number in the Israeli Companies RegistrarID number: 515736817
Nature of the change: Private allocation ___
Date of change: 28/05/2026Executed via the stock exchange clearing house: Yes
Type and name of security in which the change occurred: Economy share
Security No. on the stock exchange: 1178334
Balance of the holder in the security in the last report: 67,504,675
Balance of the holder in this security after the change: 76,671,341
Total quantity of securities in which there was a decrease/increase: 9,166,666
Is this a grant of rights to purchase shares No
Total consideration for securities allotted: ___
The stock exchange number of the share that will result from exercise of the security: ___
Number of shares that will result from full exercise/conversion of the security: ___
Total exercise premium to be received from full exercise/conversion of the security into shares: ___
Period during which the security may be exercised: ___
From _ until _
The securities allotted will be registered for trading: ___
The said securities allocation is further to _ published on _ and its reference number is ___
☐ The security has been fully paid up and the consideration has been fully received.
☐ The security has been fully paid up, but the consideration has not been fully received.
☐ Issued under an ATM program
☐ Other.
____

4 Name of the registered holder in respect of whom the change occurred: IBI Trust Management

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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 ID number: Number in the Israeli Companies RegistrarID number: 515020428

Nature of the change: Private allocation

Date of change: 28/05/2026 Executed via the stock exchange clearing house: Yes

Type and name of security in which the change occurred: Econergy RSU others

Security No. on the stock exchange: 000000

Balance of the holder in the security in the last report: 0

Balance of the holder in this security after the change: 98,752

Total quantity of securities in which there was a decrease/increase: 98,752

Is this a grant of rights to purchase shares Yes

Total consideration for securities allotted: 0

The stock exchange number of the share that will result from exercise of the security: 1178334

Number of shares that will result from full exercise/conversion of the security: 98,752

Total exercise premium to be received from full exercise/conversion of the security into shares: 0

Period during which the security may be exercised:

The vesting period of the blocked RSU share units is as set out in section 3.4.1 of the private offering report published on 25.5.2026 and its reference number is 2026-01-047721.

From until

The securities allotted will be registered for trading: Yes

The said securities allocation is further to Private offering report published on 25/05/2026 and its reference number is 2026-01-047721

The security has been fully paid up and the consideration has been fully received.
The security has been fully paid up, but the consideration has not been fully received.
Issued under an ATM program
Other.

Allocation of blocked RSU share units pursuant to the report described above. The conversion of the blocked units will be against payment of the par value for each share.

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.
2. Date of change - all changes of the same type, in the same security, made on one day, shall be aggregated into one row. For this matter - a distinction must be made between changes made via the stock exchange clearing house and changes made directly in the company's books.
3. The change – for a decrease the sign “-” must be added.
4. In all quantity fields, the quantity of securities and not NIS par value must be filled in.

A change has occurred only in the register of holders of the company's securities (without a change in the quantity of the company's securities) as a result of:

Description of the nature of the change

Explanation: describe all details of the transaction or action as a result of which a change occurred in the register

1 Name of the registered holder in respect of whom the change occurred:

Type of ID number: ID number:

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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.

Date of change: _ Executed via the stock exchange clearing house: _

Type and name of security in which the change occurred:

Security No. on the stock exchange:

Quantity of the change:

Balance of the holder in this security after the change:

1. Main items of the shareholders register as of the report date are as follows:

No.	Name of registered shareholder	Type of ID number	ID number	Security number on the stock exchange	Type of shares and their par value	Number of shares	Whether holds the shares as trustee
1	The Registration Company of the Tel Aviv Stock Exchange Ltd.	Number in the Israeli Companies Registrar	515736817	1178334	Ordinary share without par value	76,671,341	No

1. Attached is a shareholders register file in accordance with the provisions of section 130 of the Companies Law, 5759 - 1999

2. Attached is an updated file of the company's securities registers, including the options holders register and the bond holders register 1626 דענן תנין קנאטisa.pdf

Details of the signatories authorized to sign on behalf of the company:

	Name of signatory	Position
1	Eyal Podhorzer	CEO and director
2	Yoav Shapira	Other
Deputy CEO and director

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

In accordance with the understanding with the stock exchange, the report includes a correction of an error under which the private allocation data were included in the last T087 published by the company (reference number: 2026-01-049143) prior to receipt of approval for registration of the securities for trading.

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

The company's securities are listed for trading on the Tel-Aviv Stock Exchange

Date of form structure update: 06/08/2024

Short name: Econergy

Address: HaTachana1, Kfar Saba4453001 Telephone: 054-7680868, Fax: 03-7770101

E-mail: info@econergytech.com Company website:www.econergytech.com

Previous names of reporting entity: Econergy Renewable Energy Ltd.

Name of electronic reporter: Podhorzer EyalPosition: CEO and directorName of employing company:

Address: HaTachana1, Kfar Saba4453001Telephone: 054-4636886Fax: E-mail: eyal@econergytech.com