Shapir Engineering — Share Issue/Capital Change 2025

Dec 14, 2025

SHAPIR ENGINEERING AND INDUSTRY LTD

Registry Number: 514892801

To: The Israel Securities Authority | www.isa.gov.il

To: The Tel Aviv Stock Exchange Ltd. | www.tase.co.il

Form Number: T087 (Public)

Filed via MAGNA: 14/12/2025

Reference Number: 2025-01-099411

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

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

		Nature of the Change:
--	--	-----------------------

Realization of non-tradable options
-------------------------------------	--	--	--

Explanation: Please briefly describe the nature of the change.

	Reference numbers of previous reports on subject:,,

1. The Corporation's Securities After the Change:

Security Name and Type	Security Number	Registered Capital Amount	Most Recent Reported Issued & Paid	Current Issued & Paid	Amount Recorded under Nominee Company
Ordinary Share	1133875	900,000,000	357,736,984	357,762,736	357,762,736
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	410,444	410,444	0
Non-tradable Warrants 01/21	1171891	0	16,481,846	16,372,386	0

Explanation: Details all securities of the company, including securities not listed for trading.

2. The Corporation Announces That:

• On the date: 14/12/2025
• There was a change in the quantity and register of securities holders (including rights to purchase shares) of the corporation as a result of:

Nature of the change description:

Realization of employee options under Option Plan 01/21

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.

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

Details of changes to holders:

1. Holder Affected by Change:

Name: The Nominee Company of the Tel Aviv Stock Exchange Ltd.

Type of ID: Israel Company Registrar Number

ID Number: 515736817

Nature of the Change: Exercise of options

Date of Change: 14/12/2025

Executed via Stock Exchange Clearing House: Yes

Type and Name of Security Affected: Ordinary Shares

Security Number: 1133875

Holder's Previous Security Balance: 357,736,984

Holder's Balance after Change: 357,762,736

Total change in security amount (increase/decrease): 25,752

Is this a grant of rights to purchase shares: No

Security has been fully paid for and proceeds fully received. (☑)

2. Holder Affected by Change:

Name: I.B.I. Equity Compensation and Trusts (2004) Ltd.

Type of ID: Israel Company Registrar Number

ID Number: 513540070

Nature of the Change: Exercise of options

Date of Change: 14/12/2025

Executed via Stock Exchange Clearing House: Yes

Type and Name of Security Affected: Non-tradable Warrants 01/21

Security Number: 1171891

Holder's Previous Security Balance: 16,481,846

Holder's Balance after Change: 16,372,386

Total change in security amount (increase/decrease): 109,460

Is this a grant of rights to purchase shares: No

Security has been fully paid for and proceeds fully received. (☑)

Explanations:

• 1. If the change affects more than one security, detail the impact for each security separately.
• 1. Change date: All changes of the same type on the same security performed on the same day are summarized in one row. Separate changes performed via the clearinghouse from those performed directly in the company's books.
• 1. For decrease, add "-" sign.
• 1. All quantity fields refer to security units, not shekels par value.

3. Summary of Shareholders' Register at Reporting Date:

#	Name of Registered	Type of	ID	Security Number	Share type and	Number of	Holder as
	Shareholder	ID	Number	at TASE	par value	Shares	Trustee
1

4. Attached: Shareholders' Register File in Accordance with Section 130 of the Companies Law, 1999

pdf.isa\_מרשם\_מחזיקים

Alt: Shareholder register PDF

5. Attached: Updated Registry File of the Corporation's Securities, including the Warrants Holders and BONDS Holders Registers

מחזיקים\מרשם\-\_Copy\_isa.pdf

Alt: Holders register (updated) PDF

Authorized Signatories on Behalf of the Corporation

#	Name	Role
1	Adv. Amir Shaked	Other / Chief Legal Counsel & Company Secretary

Explanation: In accordance with Regulation 5 to the Securities (Periodic and Immediate Reports) Regulations, 1970, ^a report under these regulations must be signed by the authorized signatories of the corporation. ISA Staff's position on the matter can be found at the ISA website: Click here.

Previous Entity Name: Shapir Holdings Bareket Ltd.

Contact Details

שפיר הנדסה :Name Short

Address: Bareket 12, Petah Tikva 49170

Phone: 03-9169500 Fax: 03-9169600

Email: amirs@shapir.co.il

Company Website: www.shapir.co.il

Electronic Reporter Name: Shaked Amir

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.

Role: Chief Legal Counsel & Company Secretary

Employing Company: Shapir Civil & Marine Engineering Ltd.

Address: Bareket 12, Petah Tikva 4951780

Phone: 03-9169555 Fax: 03-9169600

Email: amirs@shapir.co.il

Date of Form Structure Update: 06/08/2024

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