Opc Energy Ltd. — Share Issue/Capital Change 2025

Aug 5, 2025

OPC ENERGY LTD

Registry Number: 514401702

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T087 (Public) Sent via MAGNA: 05/08/2025 Reference: 2025-01-058007

Correction Report for a Disrupted Report Sent on: 04/08/2025 Reference Number: 2025-01-057621

Disruption: Typographical error, see main corrections below.

Reason for Disruption: Typographical error.

Main Corrections: Swap between the balance of the security holder after the change and the total amount in which there was an increase/decrease, in Note 3.

Capital Structure, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Their Changes

Regulation 31E of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) of the Securities Regulations (Immediate Periodic Reports), 1970

Regulation 32 of the Securities Regulations (Immediate and Periodic Reports), 1970

Nature of the Change: Exercise of employee options and expiration

Explanation: Briefly describe the nature of the change.

Reference Numbers of Previous Reports on the Subject: _________, _________, _________.

1. The Corporation's Securities After the Change:

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-Up Capital	Quantity Registered in the Name of the Registration Company
OPC ENERGY LTD Shares	1141571	500,000,000	Last Report: 277,215,008 Current: 277,259,105	277,259,105
OPC Series B Bonds	1166057	0	Last Report: 745,332,900 Current: 745,332,900	745,332,900
OPC Series C Bonds	1180355	0	Last Report: 714,644,280 Current: 714,644,280	714,644,280
OPC Series D Bonds	1203264	0	Last Report: 200,000,000 Current: 200,000,000	200,000,000
OPC 2021 Non Tradable Employee Warrants	1174077	0	Last Report: 313,208 Current: 313,208	0
OPC Employee Option	1184639	0	Last Report: 1,819,967 Current: 1,577,482	0
OPC 2022 Restricted Stock Units (RSU) for Employees	1184647	0	Last Report: 6,737 Current: 6,737	0

Explanation: All securities of the company must be detailed, including securities not listed for trading.

2. The Corporation Announces That:

From date: 02/07/2025 To date: 04/08/2025

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

Description of the nature of the change: Exercise of employee options and expiration

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

Section 1: Details of Changes in Securities Holders

• 1. Registered Holder: Altshuler Shaham Trusts Ltd. ID Type: Israeli Companies Registrar Number ID Number: 513901330
  2. Nature of Change: Exercise of options
  3. Date of Change: 02/07/2025
  4. Executed via TASE Clearing House: No
  5. Type and Name of Security: OPC Employee Option
  6. Security Number: 1184639
  7. Holder's Balance in Last Report: 1,819,967
  8. Holder's Balance After Change: 1,797,654
  9. Total Quantity Changed: 22,313
  10. Is this a grant of rights to purchase shares: No
  11. Security fully paid and consideration received in full.
• 1. Registered Holder: Mizrahi Tefahot Registration Company Ltd. ID Type: Israeli Companies Registrar Number ID Number: 510422249
  2. Nature of Change: Exercise of options
  3. Date of Change: 02/07/2025
  4. Executed via TASE Clearing House: Yes
  5. Type and Name of Security: OPC ENERGY LTD Shares
  6. Security Number: 1141571
  7. Holder's Balance in Last Report: 277,215,008
  8. Holder's Balance After Change: 277,218,330
  9. Total Quantity Changed: 3,322
  10. Is this a grant of rights to purchase shares: No
  11. Security fully paid and consideration received in full.
• 1. Registered Holder: Altshuler Shaham Trusts Ltd. ID Type: Israeli Companies Registrar Number ID Number: 513901330
  2. Nature of Change: Exercise of options
  3. Date of Change: 03/07/2025
  4. Executed via TASE Clearing House: No
  5. Type and Name of Security: OPC Employee Option
  6. Security Number: 1184639

• Holder's Balance in Last Report: 1,797,654

• Holder's Balance After Change: 1,767,654
• Total Quantity Changed: 30,000
• Is this a grant of rights to purchase shares: No
• Security fully paid and consideration received in full.
• 1. Registered Holder: Mizrahi Tefahot Registration Company Ltd. ID Type: Israeli Companies Registrar Number ID Number: 510422249
  2. Nature of Change: Exercise of options
  3. Date of Change: 03/07/2025
  4. Executed via TASE Clearing House: Yes
  5. Type and Name of Security: OPC ENERGY LTD Shares
  6. Security Number: 1141571
  7. Holder's Balance in Last Report: 277,218,330
  8. Holder's Balance After Change: 277,223,888
  9. Total Quantity Changed: 5,558
  10. Is this a grant of rights to purchase shares: No
  11. Security fully paid and consideration received in full.
• 1. Registered Holder: Altshuler Shaham Trusts Ltd. ID Type: Israeli Companies Registrar Number ID Number: 513901330
  2. Nature of Change: Exercise of options
  3. Date of Change: 06/07/2025
  4. Executed via TASE Clearing House: No
  5. Type and Name of Security: OPC Employee Option
  6. Security Number: 1184639
  7. Holder's Balance in Last Report: 1,767,654
  8. Holder's Balance After Change: 1,595,482
  9. Total Quantity Changed: 172,172
  10. Is this a grant of rights to purchase shares: No
  11. Security fully paid and consideration received in full.
• 1. Registered Holder: Mizrahi Tefahot Registration Company Ltd. ID Type: Israeli Companies Registrar Number ID Number: 510422249

• Nature of Change: Exercise of options

• Date of Change: 06/07/2025
• Executed via TASE Clearing House: Yes
• Type and Name of Security: OPC ENERGY LTD Shares
• Security Number: 1141571
• Holder's Balance in Last Report: 277,223,888
• Holder's Balance After Change: 277,259,105
• Total Quantity Changed: 35,217
• Is this a grant of rights to purchase shares: No
• Security fully paid and consideration received in full.
• 1. Registered Holder: Altshuler Shaham Trusts Ltd. ID Type: Israeli Companies Registrar Number ID Number: 513901330
  2. Nature of Change: Expiration
  3. Date of Change: 31/07/2025
  4. Executed via TASE Clearing House: No
  5. Type and Name of Security: OPC Employee Option
  6. Security Number: 1184639
  7. Holder's Balance in Last Report: 1,595,482
  8. Holder's Balance After Change: 1,577,482
  9. Total Quantity Changed: 18,000
  10. Is this a grant of rights to purchase shares: No
  11. Other: Expiration

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.
• 1. Date of change all changes of the same type, in the same security, made on one day, will be summarized in one row. For this purpose – changes made through the TASE clearing house must be separated from changes made directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities must be filled in, not NIS par value.

3. Main Register of Shareholders as of the Reporting Date:

No.	Name of Registered Shareholder	ID Type	ID Number	Security Number on TASE	Type of Shares and Par Value	Number of Shares	Holds Shares as Trustee
1	Mizrahi Tefahot Registration Company Ltd.	Israeli Companies Registrar Number	510422249	1141571	Ordinary shares 0.01 par value	277,259,105	No

Attached: File of the register of shareholders in accordance with Section 130 of the Companies Law, 1999:

pdf.isa_מרשם_בעלי_מניות

Alt: Shareholder register file (PDF)

Attached: Updated file of the registers of the corporation's securities, including the register of option holders and the register of bond holders:

pdf.isa_מרשם_ניירות_ערך Alt: Securities register file (PDF)

Authorized Signatories for the Corporation:

No.	Name of Signatory	Position
1	Giora Almogi	CEO
2	Anna Bernstein	CFO

Explanation: According to Regulation 5 of the Immediate and Periodic 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 position on the matter can be found on the Authority's website: Click here

The report in section 2.7 is a supplementary report regarding non-material expirations totaling 18,000 options granted to employees, between 2024 - 2025, in accordance with the grant terms and the company's option plan.

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

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

Short Name: OPC ENERGY LTD

Address: Menachem Begin 121, Tel Aviv 6701203 Phone: 073-2505600 Fax: 073-2505606

Email: shiran.kislasi@opc-energy.com Company Website: www.opc-energy.com

Previous names of the reporting entity: IC Power Israel Ltd.

Electronic Reporter Name: Levi Kislasi Shiran Position: Attorney/Legal Advisor

Address: Menachem Begin 121, Tel Aviv 6701203 Phone: 073-2505704 Email: shiran.kislasi@opc-energy.com

Form structure update date: 06/08/2024