Shapir Engineering

Major Shareholding Notification • Jan 15, 2026

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SHAPIR ENGINEERING AND INDUSTRY LTD

Registry Number: 514892801

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

Form Number: T076 (Public) Sent via Magna: 14/01/2026 Reference: 2026-01-006509

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

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

Note: This form is intended for reporting changes in holdings of securities of the reporting corporation only. To report a change in holdings of a company substantially held by the reporting corporation and significant for its activities, use Form T121.

1. Details of the Holder

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Name of Holder: Yehuda Segev

English Name (as listed in Companies Registry or Passport): YEHUDA SEGEV

Type of Identification: Identity Card Number Holder's Identification Number: 076042738

Type of Holder: Director/CEO

Does a hedge fund have the right to appoint a director or representative to the company's board? __________

Is the holder reporting on behalf of other shareholders jointly holding securities of the corporation? No

Name of controlling shareholder in the interested party: -

ID of controlling shareholder in the interested party: -

Citizenship/ Country of Registration: Private individual with Israeli citizenship

Country of citizenship / registration: __________

Security Number in TASE: 1171891

Name and Type of Security: Employee Warrants 01/21

Nature of Change: Decrease; In convertible securities due to their conversion to shares or their redemption

Is it a change in a single transaction or cumulative changes? Single transaction

Date of Change: 14/01/2026 Transaction Rate: 0 Agorot

Are these dormant shares or convertible securities for dormant shares? No

Balance (quantity of securities) in last report: 33,007

Holding Percentage of Total Securities of Same Class in last report: 0.18%

Change in Quantity of Securities: -33,007

Current Balance (quantity of securities): 0

Current Holding Percentage of Total Securities of Same Class: 0%

Holding Percentage after the Change: In Capital: 0%; Voting Rights: 0%

Note: The holding percentage after the change does not refer to convertible securities.

Holding Percentage after full dilution: In Capital: 0%; Voting Rights: 0%

Note Number: 1

2. Details of the Holder

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Name of Holder: Yehuda Segev

English Name (as listed in Companies Registry or Passport): YEHUDA SEGEV

Type of Identification: Identity Card Number Holder's Identification Number: 076042738

Type of Holder: Director/CEO

Does a hedge fund have the right to appoint a director or representative to the company's board? __________

Is the holder reporting on behalf of other shareholders jointly holding securities of the corporation? No

Name of controlling shareholder in the interested party: -

ID of controlling shareholder in the interested party: -

Citizenship/ Country of Registration: Private individual with Israeli citizenship

Country of citizenship / registration: __________

Security Number in TASE: 1133875

Name and Type of Security: Shapir Engineering Ordinary Share

Nature of Change: Increase; In shares due to conversion of securities

Is it a change in a single transaction or cumulative changes? Single transaction

Date of Change: 14/01/2026 Transaction Rate: 0 Agorot

Are these dormant shares or convertible securities for dormant shares? No

Balance (quantity of securities) in last report: 0

Holding Percentage of Total Securities of Same Class in last report: 0%

Change in Quantity of Securities: +9,220

Current Balance (quantity of securities): 9,220

Current Holding Percentage of Total Securities of Same Class: 0%

Holding Percentage after the Change: In Capital: 0%; Voting Rights: 0%

Note: The holding percentage after the change does not refer to convertible securities.

Holding Percentage after full dilution: In Capital: 0%; Voting Rights: 0%

Note Number: 2

3. Details of the Holder

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Name of Holder: Yehuda Segev

English Name (as listed in Companies Registry or Passport): YEHUDA SEGEV

Type of Identification: Identity Card Number Holder's Identification Number: 076042738

Type of Holder: Director/CEO

Does a hedge fund have the right to appoint a director or representative to the company's board? __________

Is the holder reporting on behalf of other shareholders jointly holding securities of the corporation? No

Name of controlling shareholder in the interested party: -

ID of controlling shareholder in the interested party: -

Citizenship/ Country of Registration: Private individual with Israeli citizenship

Country of citizenship / registration: __________

Security Number in TASE: 1133875

Name and Type of Security: Shapir Engineering Ordinary Share

Nature of Change: Decrease; Due to sale on the stock exchange

Is it a change in a single transaction or cumulative changes? Single transaction

Date of Change: 14/01/2026 Transaction Rate: 3,326 Agorot

Are these dormant shares or convertible securities for dormant shares? No

Balance (quantity of securities) in last report: 9,220

Holding Percentage of Total Securities of Same Class in last report: 0%

Change in Quantity of Securities: -9,220

Current Balance (quantity of securities): 0

Current Holding Percentage of Total Securities of Same Class: 0%

Holding Percentage after the Change: In Capital: 0%; Voting Rights: 0%

Note: The holding percentage after the change does not refer to convertible securities.

Holding Percentage after full dilution: In Capital: 0%; Voting Rights: 0%

Note Number: 3

Note: Purchase or sale of shares on the stock exchange by means of a matched transaction, as defined in the third part of the listing rules, will be classified as an off-exchange transaction, provided disclosure is made in the free text field that the transaction was conducted in this manner.

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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 compulsory purchase of borrowed securities' or 'decrease due to forced sale of borrowed securities' is chosen, then borrowed securities not returned to the lender will therefore make the loan action a mandatory purchase and the lending a mandatory sale.

Additional Details

				1. Was the entire consideration paid at the date of change? Yes
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If not, specify the date of payment completion: __________

• 1. If the change is by signing a loan agreement, specify details regarding the end of the loan: __________
• 1. Date and time the corporation first learned of the event or matter: 14/01/2026 at 13:45
• 1. Details of the actions that caused the change: __________

Authorized Signatories

#	Name	Position	Additional Role
1	Amir Shaked, Adv.	Other	Chief Legal Counsel and 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 those authorized to sign on behalf of the corporation. The staff's position on the subject can be found on the authority website: Click here.

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

Short name: Shapir Engineering

Address: Bareket 12, Petah Tikva 49170

Phone: 03-9169500 Fax: 03-9169600

Email: amirs@shapir.co.il

Company Website: www.shapir.co.il

Previous names of the reporting entity: Shapir Holdings Bareket Ltd

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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.

Electronic reporter's name: Shaked Amir Position: Legal Counsel and Company Secretary

Employer name: Shapir Civil and Marine Engineering Ltd

Address: Bareket 12, Petah Tikva 4951780

Phone: 03-9169555 Fax: 03-9169600

Email: amirs@shapir.co.il

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