NEXT VISION STABILIZED SYSTEMS LTD

Company No.: 514259019

To:

Israel Securities Authority (www.isa.gov.il)
Tel Aviv Stock Exchange Ltd (www.tase.co.il)

Form No.: T087 (Public)

Filed with MAGNA: 01/12/2025 Reference: 2025-01-095060

Statement of Share Capital, Grant of Rights to Purchase Shares and Registers of the Company's Securities and Changes Therein

According to Regulation 31E to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) to the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 32 to the Securities Regulations (Periodic and Immediate Reports) 1970

Nature of the change:

_________, _________, _________.

Employee options expiration and exercise

Explanation: Briefly describe the nature of the change

Reference numbers of previous reports on the subject:

The company's securities capitalization after the change:

Name & Type of Security	Security Number	Authorized Capital Quantity	Issued and Paid-up Capital (Last Reported	Current Quantity)	Quantity Registered under Registration Company
Ordinary Share	1176593	200,000,000,000	90,992,098	91,052,413	91,052,413
Unlisted Options (Series 2')	1180926	0	1,981,640	1,911,325	0
Unlisted Options (Series 3')	1185966	0	750,000	750,000	0
Unlisted Options (Series 4')	1195320	0	305,320	305,320	0
Unlisted Options (Series 5')	1195544	0	1,002,334	1,002,334	0
Unlisted Options (Series 6')	1204387 0		453,000	453,000	0

Explanation: Please specify all company securities, including those not listed for trading.

2. The corporation notifies that:

From date: 11/11/2025 To date: 23/11/2025

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.

A change occurred in the amount and register of the holders of the corporation's securities (including options to purchase shares) as a result of:

Description of the nature of the change:

Exercise of options (Series 2') and expiration of employee options

Explanation: Please describe all details of the transaction or action that caused the change in the corporation's securities.

Securities register of holders affected by the change:

1. Registered holder for whom the change occurred:

Name: Altshuler Shaham Trustees Ltd.

Type of ID: Israeli Companies Registrar Number

ID Number: 513901330

Nature of Change: Exercise of options

Date of Change: 11/11/2025 Executed via TASE clearing: No

Type and Name of Security: Unlisted Options (Series 2')

Security No.: 1180926

Holder's balance in last report: 1,981,640

Balance after the change: 1,956,640

Total amount changed: 25,000

Is this a grant of rights to acquire shares: No

Was the security fully paid and full consideration received: Yes

2. Registered holder for whom the change occurred:

Name: The TASE-CH (TASE Clearing House) Company for Registration of Securities Ltd.

Type of ID: Israeli Companies Registrar Number

ID Number: 515736817

Nature of Change: Exercise of options

Date of Change: 11/11/2025 Executed via TASE clearing: Yes

Type and Name of Security: Ordinary Share

Security No.: 1176593

Holder's balance in last report: 90,992,098 Balance after the change: 91,017,098

Total amount changed: 25,000

Is this a grant of rights to acquire shares: No

Was the security fully paid and full consideration received: Yes

3–7. (Additional entries follow the same format; see the original for details)

Explanations:

1. If the change affects more than one security, the effect of the change must be specified for each security separately.
1. Change date all changes of the same type, in the same security, carried out on the same day will be combined into one row. In this context, changes executed via TASE clearing should be distinguished from changes made directly in the company's records.
1. For reductions, use the sign "-".
1. All quantity fields must state the number of securities (not NIS par value).

3. Main entries in the share register as of the reporting date:

No.	Name of Registered Shareholder	ID Type	ID No.	Security No.	Type and Par Value of Shares	Quantity	Holding as Trustee
1	TASE-CH (TASE Clearing House) Company for Registration of Securities Ltd.	Israeli Companies Registrar Number	515736817	1176593	Next Vision - NIS 0.00005	91,052,413	No

4. Attached is the updated shareholder register as required by Section 130 of the Companies Law, 1999

pdf.isa_מרשם_בעלי_מניות

Alt: Shareholder Register PDF

5. Attached is the updated register of securities of the corporation, including the register of option holders and the register of bondholders

pdf.isa_מרשם_ניירות_ערך

Alt: Securities Register PDF

Details of the authorized signatories on behalf of the corporation:

No.	Name	Position
1	Chen Golan	Chairman of the Board

Explanation: According to Regulation 5 of the Securities (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. The Staff's view on the matter can be found on the ISA's website: Click here.

Company Contact Details

Short Name: Next Vision

Address: 9 Dafna St., Ra'anana, 4366223

Phone: 077-5342041 Fax: 077-5442040

Email: [email protected]

Electronic Reporter Details

Name: Alex Lavi

Position: Controller and CFO

Address: 17 Hatidhar St., Ra'anana, 4366519

Phone: 077-5342041 Fax: 077-5342040

Email: [email protected]

Previous names of the reporting entity:

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

Form structure last updated on: 06/08/2024

AI Terminal

Next Vision Stabilized Systems Ltd.

6945_rns_2025-12-01_5af576bf-ef9d-46c7-a7ae-0dc655ebcb2e.pdf