Shapir Engineering — Share Issue/Capital Change 2025

Nov 5, 2025

SHAPIR ENGINEERING AND INDUSTRY LTD

Registered 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)

MAGNA Transmission Date: 05/11/2025

Reference No.: 2025-01-084249

Statement of Capital, Grant of Rights to Acquire Shares and Registers of the Corporation's Securities and Changes Therein

Regulations:

• Regulation 31E 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:

Redemption of non-tradable options

Explanation: Please briefly describe the nature of the change.

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

1. Corporation's Securities Status after the Change:

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 and Class of Security	Security No.	Amount in Registered Capital	Issued and Paid Up Capital	Quantity Last Reported	Current Quantity	Amount Listed under Registration Company
Ordinary shares	1133875	900,000,000	357,721,359	357,736,144	357,736,144	357,736,144
BONDS (Series 2)	1141951	0	358,601,917	358,601,917	358,601,917	358,601,917
BONDS (Series 3)	1178417	0	915,416,667	915,416,667	915,416,667	915,416,667
BONDS (Series 4)	1226331	0	300,000,000	300,000,000	300,000,000	300,000,000
Non-tradable warrants 12/14	1133883	0	410,444	410,444	410,444	410,444
Non-tradable warrants 01/21	1171891	0	16,556,068	16,486,329	16,486,329	16,486,329

Explanation: All securities of the company are to be listed, including non-listed securities.

2. The corporation announces that:

On the date: 05/11/2025, a change occurred in the amount and register of holders of securities (including rights to acquire shares) as a result of:

Description of the Change: Redemption 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 transaction or action details that led to the change in the corporation's securities.

Details of the Change – Table:

1. Registered holder affected: I.B.I. Equity Compensation and Trusts (2004) Ltd.

ID: 513540070 (Israeli Registrar of Companies Number)

Nature of change: Redemption of options

Change date: 05/11/2025

Executed via the TASE clearing house: Yes

Security type: Non-tradable warrants 01/21 (No. 1171891)

Holder's balance before: 16,556,068 Holder's balance after: 16,486,329

Amount of decrease: 69,739

Is it a grant of rights to acquire shares? No

Security fully redeemed, full consideration received: Checked

1. Registered holder affected: The Company for Registration of the Stock Exchange in Tel Aviv Ltd.

ID: 515736817 (Israeli Registrar of Companies Number)

Nature of change: Redemption of options

Change date: 05/11/2025

Executed via the TASE clearing house: Yes Security type: Ordinary shares (No. 1133875)

Holder's balance before: 357,721,359 Holder's balance after: 357,736,144

Amount of increase: 14,785

Is it a grant of rights to acquire shares? No

Security fully redeemed, full consideration received: Checked

Explanations:

• 1. If the change affects more than one security, list the effect on each security in a separate line.
• 1. Change date all changes of the same type, in the same security, carried out on the same day, will be summarized in one line. For this purpose – separate between changes made via the clearing house and those made directly in the company's books.
• 1. For a decrease, prefix the quantity with a "-".
• 1. All quantity fields refer to units of securities, not NIS par value.

3. Main shareholders register at the reporting date is as follows:

No.	Registered Shareholder	ID	ID	Security	Class and Par	Quantity of	Is Holder a
	Name	Type	No.	No.	Value	Shares	Trustee

4. Attached is the updated register of shareholders according to Section 130 of the Companies Law, 1999.

meresham\_makhzikim\_isa.pdf

5. Attached is an updated file of the corporation's registers of securities, including register of warrant holders and register of bondholders.

meresham\_makhzikimCopy\_isa.pdf

Details of authorized signatories for the corporation:

No.	Name	Position
1	Adv. Amir Shaked	Other— Chief legal counsel and company secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), ^a report submitted pursuant to these regulations must be signed by the persons 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

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

Short name: SHAPIR ENGINEERING

Address: Bareket 12, Petach Tikva 49170

Phone: 03-9169500 | Fax: 03-9169600

Email: amirs@shapir.co.il | Company's Website: www.shapir.co.il

Previous names of the reporting entity: Shapir Holdings Bareket Ltd.

Electronic reporting signatory: Shaked Amir

Position: Chief legal counsel and company secretary

Employer company name: Shapir Civil and Marine Engineering Ltd.

Address: Bareket 12, Petach Tikva 4951780

Phone: 03-9169555 | Fax: 03-9169600

Email: amirs@shapir.co.il

Last form update structure date: 06/08/2024