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SHAPIR ENGINEERING AND INDUSTRY LTD

Registration Number: 514892801
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To:

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

Form No.: T087 (Public)

Filed on MAGNA: 14/01/2026

Reference: 2026-01-006267

Statement of Capital, Grant of Rights to Purchase Shares, Registers of the Corporation's Securities, 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:

Exercise of non-tradable warrants

Explanation: A brief description of the nature of the change is required.

Reference numbers of previous reports on the subject: _________, _________, _________.

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1. Structure of the Corporation's Securities after the Change:

Name and Type of Security	TASE Number	Quantity in Registered Capital	Issued and Paid-up Capital - Last report	Issued and Paid up Capital - Current	Quantity Registered in the Name of Nominee Company
Ordinary Share	1133875	900,000,000	357,973,941	358,007,223	358,007,223
Bonds (Series 2')	1141951	0	358,601,917	358,601,917	358,601,917
Bonds (Series 3')	1178417	0	956,917,711	956,917,711	956,917,711
Bonds (Series 4')	1226331	0	400,000,000	400,000,000	400,000,000
Non-tradable Warrants 12/14	1133883	0	392,111	392,111	0
Non-tradable Warrants 01/21	1171891	0	15,621,109	15,516,741	0

Explanation: All securities of the company, including non-listed securities, should be detailed.

2. The Corporation Announces that:

On the date: 14/01/2026

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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.

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

Description of the nature of the change: Exercise of employee warrants under plan 01/21

Explanation: All transaction or action details by which the change in securities occurred should be described.

Registered holder for whom the change occurred:

1. Stock Exchange's Nominee Company

ID Type: Company Registry Number in Israel

Number: 515736817

Nature of change: Exercise of warrants

Date of change: 14/01/2026 Via TASE Clearing House: Yes

Type and name of security changed: Ordinary shares

TASE Number: 1133875

Security balance in last report: 357,973,941 Security balance after change: 358,007,223 Total increase/decrease in quantity: 33,282

Was this a grant of rights to purchase shares? No

The security was fully paid up, and the consideration was received in full.

IBI Capital Compensation and Trusts (2004) Ltd.

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ID Type: Company Registry Number in Israel

Number: 513540070

Nature of change: Exercise of warrants

Date of change: 14/01/2026 Via TASE Clearing House: Yes

Type and name of security changed: Non-tradable Warrants 01/21

TASE Number: 1171891

Security balance in last report: 15,621,109 Security balance after change: 15,516,741 Total increase/decrease in quantity: 104,368 Was this a grant of rights to purchase shares? No

The security was fully paid up, and the consideration was received in full.

Notes:

1. If the change affects more than one security, the impact must be specified for each security separately.
1. Change date all changes of the same kind that occurred on one security and on the same day shall be summarized in one row. For this purpose, separate changes carried out via the TASE Clearing House from changes made directly in the company's records.
1. Mark "–" for decreases.
1. All quantity fields must state the number of securities and not NIS par value.

3. Key Shareholders Register as of the Reporting Date

No.	Registered	ID	ID	TASE Security	Type and Nominal	Quantity of	Holds shares as
	Shareholder	Type	Number	Number	Value of Shares	Shares	trustee?
1

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4. Attached: File of the Shareholder Register according to Section 130 of the Companies Law, 1999

pdf.isa\_מרשם\_מחזיקים

5. Attached: Updated file of the registers of the corporation's securities, including the register of warrant holders and bonds holders

מחזיקים\מרשם\-\_Copy\_isa.pdf

Authorized Signatories for the Corporation:

No.	Signatory Name	Role
1	Adv. Amir Shaked	Other – Chief Legal Counsel & Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by the authority holders. Staff position available on the Authority's website: Click here.

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

Form structure update date: 06/08/2024

Short name: Shapir Engineering

Address: 12 Bareket St., Petah Tikva, 49170

Phone: 03-9169500 | Fax: 03-9169600

Email: [email protected]

Company Website: www.shapir.co.il

Previous names of reporting entity: Shapir Holdings Bareket Ltd.

Electronic filer name: Shaked Amir

Position: Legal Counsel and Company Secretary

Employer company: Shapir Civil and Marine Engineering Ltd.

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Address: 12 Bareket St., Petah Tikva, 4951780

Phone: 03-9169555 | Fax: 03-9169600