Opc Energy Ltd. — Share Issue/Capital Change 2025

Nov 30, 2025

OPC ENERGY LTD

Registry Number: 514401702

To:

Israel Securities Authority

Tel Aviv Stock Exchange Ltd.

Form Number: T087 (Public)

Submitted via MAGNA: 30/11/2025

Proof Number: 2025-01-094238

Report Title

Capital Table, Grant of Rights to Purchase Shares, and Registers of Securities of the Corporation and Changes Therein

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

Nature of the Change

Employee warrant exercise into shares and public offering of bonds (Series 4) by way of expanding Series 110.

Explanation: Briefly describe the nature of the change.

Reference Numbers of Previous Reports on the Subject:

1. The Corporation's Securities Capital Following the Change

Name and Type of Security	Security Number	Quantity in Registered Capital	Last Reported Quantity	Current Quantity	Quantity Registered by Nominee Company
OPC ENERGY Shares	1141571	500,000,000	301,710,338	301,739,113	301,739,113
OPC Bonds 2	1166057	0	441,691,141	441,691,141	441,691,141
OPC Bonds 3	1180355	0	663,598,260	663,598,260	663,598,260
OPC Bonds 4	1203264	0	200,000,000	658,296,000	658,296,000
OPC Employee Warrant	1184639	0	2,040,446	1,984,597	0
OPC RSU Employee Restricted Share Units 2022	1184647	0	6,737	6,737	0

Explanation: Must specify all the company's securities, including securities not listed for trading.

2. The Corporation Declares That:

From date: 25/11/2025 to date: 30/11/2025

_________, _______, _______.

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 has occurred in the quantity and register of holders of the corporation's securities (including rights to acquire shares) due to:

Description of nature of the change: Employee warrant exercise into shares and public offering of bonds (Series 4) by way of expanding Series 110.

Explanation: Must describe all transaction or action details that led to the change in the corporation's securities.

Details of Holders for Whom Changes Occurred

1

Registered holder name for which the change occurred: Altshuler Shaham Trusts Ltd.

ID type: Israeli Registrar of Companies Number

ID number: 513901330

Essence of the change: Exercise of warrants

Date of change: 25/11/2025 Executed via TASE clearing: No

Type and name of security affected: OPC Employee Warrant

Security number: 1184639

Holder's balance of security in last report: 2,040,446

Holder's balance after change: 1,989,530 Total quantity increased/decreased: 50,916 Is it a grant of rights to purchase shares? No

Was full consideration received? Yes

Other: -

2

Registered holder name for which the change occurred: Mizrahi Tefahot Co. for Registration Ltd.

ID type: Israeli Registrar of Companies Number

ID number: 510422249

Essence of the change: Exercise of warrants

Date of change: 25/11/2025 Executed via TASE clearing: Yes

Type and name of security affected: OPC ENERGY Shares

Security number: 1141571

Holder's balance of security in last report: 301,710,338

Holder's balance after change: 301,736,893 Total quantity increased/decreased: 26,555

Is it a grant of rights to purchase shares? No

Was full consideration received? Yes

Other: -

3

Registered holder name for which the change occurred: Altshuler Shaham Trusts Ltd.

ID type: Israeli Registrar of Companies Number

ID number: 513901330

Essence of the change: Exercise of warrants

Date of change: 27/11/2025 Executed via TASE clearing: No

Type and name of security affected: OPC Employee Warrant

Security number: 1184639

Holder's balance of security in last report: 1,989,530

Holder's balance after change: 1,984,597 Total quantity increased/decreased: 4,933

Is it a grant of rights to purchase shares? No

Was full consideration received? Yes

Other: -

4

Registered holder name for which the change occurred: Mizrahi Tefahot Co. for Registration Ltd.

ID type: Israeli Registrar of Companies Number

ID number: 510422249

Essence of the change: Exercise of warrants

Date of change: 27/11/2025 Executed via TASE clearing: Yes

Type and name of security affected: OPC ENERGY Shares

Security number: 1141571

Holder's balance of security in last report: 301,736,893

Holder's balance after change: 301,739,113 Total quantity increased/decreased: 2,220

Is it a grant of rights to purchase shares? No

Was full consideration received? Yes

Other: -

5

Registered holder name for which the change occurred: Mizrahi Tefahot Co. for Registration Ltd.

ID type: Israeli Registrar of Companies Number

ID number: 510422249

Essence of the change: Public offering

Date of change: 30/11/2025 Executed via TASE clearing: Yes

Type and name of security affected: OPC Bonds 4

Security number: 1203264

Holder's balance of security in last report: 200,000,000

Holder's balance after change: 658,296,000

Total quantity increased/decreased: 458,296,000

Is it a grant of rights to purchase shares? No

Was full consideration received? No. Explanation: Consideration not yet fully received.

Other: Yes, ticked as "Other".

Explanations

• 1. If the change affects more than one security, detail the effect of the change in a separate row for each security.
• 1. Change date all changes of the same type, in the same security, done on the same day, will be summed in a single row. For this – separate changes executed via TASE clearing from those done directly in the company's records.
• 1. Change for a decrease, add the symbol "-".
• 1. In all quantity fields, indicate the quantity of securities, not NIS par value.

3. Key Shareholders Register as at the Reporting Date

#	Registered Shareholder Name	Type of ID	ID Number	Security Number	Type of Shares and Their Par Value	Number of Shares	Holding as Trustee?
1	Mizrahi Tefahot Co. for Registration Ltd	Registrar of Companies No.	510422249	1141571	Ordinary shares 0.01 par value	301,739,113	No

4. Attached Files

• Attachment: Shareholder Register file as per Section 130 of the Companies Law, 1999 [מניות_בעלי_מרשם_isa.pdf]
• Alt: Shareholder Register file as per Section 130 of the Companies Law, 1999
• Attachment: Updated file of the corporation's securities registers, including the register of warrant holders and bond holders [pdf.isa_מרשם_ניירות_ערך]
• Alt: Updated register of securities, including register of warrant holders and government bonds

5. Authorized Signatories on Behalf of the Corporation

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.

#	Name	Title	Additional Role
1	Giora Almogi	CEO (General Manager)
2	Anna Bernstein	CFO (Chief Financial Officer)

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970, a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. See staff position on the Authority's website: Click here.

Additional Corporate Details

Short Name: OPC ENERGY

Address: Menachem Begin 121, Tel Aviv 6701203

Phone: 073-2505600 Fax: 073-2505606

Email: shiran.kislasi@opc-energy.com

Website: www.opc-energy.com

Previous Registered Names: IC Power Israel Ltd.

Electronic Reporter: Levi Kislasi Shiran Role: Legal Counsel Phone: 073-2505704 Email: shiran.kislasi@opc-energy.com

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

Form structure update date: 06/08/2024