Next Vision Stabilized Systems Ltd. — Director's Dealing 2026

Mar 18, 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.

| Next Vision Stabilized Systems Ltd.
NEXT VISION STABILIZED SYSTEMS LTD
Number in the Register: 514259019 | | | |
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| To: Israel Securities Authority
www.isa.gov.il | To: Tel-Aviv Stock Exchange Ltd.
www.tase.co.il | T076 (Public)
Filed via MAGNA: 18/03/2026
Reference: 2026-01-023877 | |

Immediate report on changes in holdings of interested parties and senior officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

Note: This form is intended for reporting a change in holdings in securities of the reporting corporation only. To report a change in holdings in securities of a held company of the reporting corporation if its activity is material to the activity of the reporting corporation, Form T121 should be used.

1. Name of corporation/last name and first name of the holder: Boris Kipnis

Name of corporation/last name and first name of the holder in English as registered with the Registrar of Companies or in the passport:

Boris Kipnis

Type of identification number: Identity card number

Identification number of the holder: 306360611

Type of holder: Director/CEO

The hedge fund has the right to appoint a director or its representative to the company's board of directors

Is the holder acting as a representative for the purpose of reporting of several shareholders who hold securities of the corporation together with him: No

Name of the controlling shareholder in the interested party -

Identification number of the controlling shareholder in the interested party -

Citizenship / country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship / incorporation or registration:

Security number on the stock exchange: 1195544

Name and type of the security: Non-tradable warrants (Series 5')

Nature of the change: Decrease in convertible securities due to their conversion into shares or their redemption

Note: Purchase or sale of shares on the stock exchange by way of a coordinated transaction, as defined in Part Three of the TASE Regulations, will be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was carried out in this manner.

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

Date of the change: 18/03/2026

Transaction price: 906.6 Currency agorot

Whether these are dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 202,000 Holding percentage of the total securities of the same type in the last report: % 24.3

Change in quantity of securities: 100,000-

Current balance (in quantity of securities): 102,000 Current holding percentage of the total securities of the same type:

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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.

% 16.16
Holding percentage after the change: In equity: % 3.33 In voting power: % 6.68 Explanation: Holding percentage after the change does not refer to convertible securities.
Holding percentage after the change on a fully diluted basis: In equity: % 3.30 In voting power: % 6.50
Note no. 1
2 Name of corporation/last name and first name of the holder: Boris Kipnis Name of corporation/last name and first name of the holder in English as registered with the Registrar of Companies or in the passport: Boris Kipnis Type of identification number: Identity card number
Identification number of the holder: 306360611
Type of holder: Director/CEO The hedge fund has the right to appoint a director or its representative to the company's board of directors __ Is the holder acting as a representative for the purpose of reporting of several shareholders who hold securities of the corporation together with him: No
Name of the controlling shareholder in the interested party - Identification number of the controlling shareholder in the interested party - Citizenship / country of incorporation or registration: Private individual with Israeli citizenship
Country of citizenship / incorporation or registration: __
Security number on the stock exchange: 1176593
Name and type of the security: Ordinary share Nature of the change: Increase in shares due to conversion of securities __
Note: Purchase or sale of shares on the stock exchange by way of a coordinated transaction, as defined in Part Three of the TASE Regulations, will be classified as an off-exchange transaction, while providing disclosure in the free text field that the transaction was carried out in this manner.
Is this a change in one transaction or several transactions (cumulative change): One transaction
Date of the change: 18/03/2026
Transaction price: 906.6 Currency agorot
Whether these are dormant shares or securities convertible into dormant shares: No
Balance (in quantity of securities) in the last report: 6,021,002 Holding percentage of the total securities of the same type in the last report: % 3.24
Change in quantity of securities: 100,000+
Current balance (in quantity of securities): 6,121,002 Current holding percentage of the total securities of the same type: % 3.33
Holding percentage after the change: In equity: % 3.33 In voting power: % 6.68 Explanation: Holding percentage after the change does not refer to convertible securities.
Holding percentage after the change on a fully diluted basis: In equity: % 3.30 In voting power: % 6.50
Note no. 1

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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.

Note: If the value "Increase due to forced purchase of borrowed securities" or the value "Decrease due to forced sale of borrowed securities" is selected, then borrowed securities that were not returned to the lender and therefore the lending action became a forced purchase and the lending action a forced sale.

No.

Note

1

Mr. Boris Kipnis (hereinafter: “Boris”) serves as a director of the company and also as the company's VP Technologies. The warrants of Mr. Boris Kipnis are held in trust by Altsher Trusts Ltd. As part of a divorce agreement by consent between Boris Kipnis and Aline Kipnis (Boris's ex-wife), it was agreed between the parties that Aline will receive 3,654,176 shares of the company from the number of shares of Boris Kipnis such that immediately after said transfer, Boris Kipnis held 3,604,175 shares of the company. It was also agreed that as long as Boris Kipnis is alive, the voting rights in the shares transferred to Aline will remain with Boris Kipnis. It is clarified that, out of the total shares mentioned above, Boris holds in equity 3,054,569.0 shares. In addition, the agreement includes further provisions, inter alia, regarding limitations on the quantity allowed for sale and the manner of sale by Aline during a defined period, as detailed below: (1) Aline shall be entitled to freely sell shares through the stock exchange up to a total amount not exceeding NIS 2 million in a calendar year. (2) Insofar as Aline wishes to sell shares in an amount exceeding said sum and up to an amount of NIS 10 million in a calendar year, whether in one sale or cumulatively by several sales, she shall do so in accordance with the provisions of the divorce agreement, not through the stock exchange (i.e., in an off-exchange transaction). If no transaction is carried out within 6 months from the date on which she wishes to do so, Aline shall be entitled to sell shares in an additional amount not exceeding an additional NIS 3 million, i.e., in total Aline shall be entitled to sell shares in the amount of NIS 5 million in that calendar year.

1. Was the full consideration paid on the date of the change Yes

If the full consideration was not paid on the date of the change, please indicate the date of completion of payment:

1. If the change is by way of signing a lending agreement, please provide details regarding the manner in which the lending will be terminated:

Explanation: The holding percentages should be stated taking into account all the securities held by the interested party.

1. The date and time on which the corporation first became aware of the event or matter 18/03/2026 at 10:30
2. Details of the actions that caused the change

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

	Name of signatory	Position
1	Chen Golan	Chairman of the Board of Directors

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730 – 1970), a report submitted pursuant to these regulations shall be signed by those authorized to sign on behalf of the corporation. The Staff's position on the subject can be found on the ISA website: Click here.

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

Securities of the corporation are listed for trading on the Tel-Aviv Stock Exchange	Date of last update of the form structure: 04/02/2025
Short name: Next Vision
Address: Dafna 9, Ra'anana 4366223	Telephone: 077-5342041, Fax: 077-5442040
E-mail: chen.g@nextvision-sys.com

Previous names of reporting entity:

Name of electronic reporter: Lavie Alex Position: Controller and Chief Financial Officer Name of employing company: Address: HaTidhar 17, Ra'anana 4366519 Telephone: 077-5342041 Fax: 077-5342040 E-mail: alex.l@nextvision-sys.com