Shapir Engineering — Share Issue/Capital Change 2026

Jan 1, 2026

SHAPIR ENGINEERING AND INDUSTRY LTD

Record number in the register: 514892801 Date broadcast on MAGNA: 01/01/2026

Form Number: T087 (Public)

Reference number: 2026-01-000296

Share Capital, Granting of Rights to Purchase Shares, and Securities Register of the Corporation and Changes Therein

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

Exercise of non-traded warrants and expiry of warrants

Explanation: Briefly describe the nature of the change.

Reference Numbers of Previous Reports on the Subject:
,,

1. Corporation's Securities Register After the Change:

Name and Type of Security	Stock Exchange No.	Quantity in Registered Capital	Issued and Paid-Up Capital (Last Report)	Issued and Paid Up Capital (Current)	Quantity Registered Under the Nominee Company
Ordinary share	1133875	900,000,000	357,824,831	357,833,730	357,833,730
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	16,176,581	16,073,076	0

Explanation: All securities of the company must be listed, including securities not listed for trade.

2. The Corporation Announces that:

On date: 01/01/2026

• There was a change in the quantity and register of holders of the corporation's securities (including rights to purchase shares) as a result of:
• Description of the nature of the change: Exercise of employee options under plan 01/21 and expiry of options

Explanation: The full details of the transaction or action that caused the change in the corporation's securities should be described.

2.1 Change Details for Holder: "The Tel Aviv Stock Exchange Ltd. Registration Company"

Name of holder: The Tel Aviv Stock Exchange Ltd. Registration Company

Type of identification number: Company Registrar in Israel

Identification number: 515736817

Nature of the change: Exercise of warrants

Date of Change: 01/01/2026

Executed via stock exchange clearing house: Yes

Type and name of security that changed: Ordinary shares

Security number: 1133875

Security balance in last report: 357,824,831 Security balance after change: 357,833,730

Total quantity of securities increased/decreased: 8,899

Is this a grant of rights to purchase shares: No

Total consideration for issued securities: _________

Was the security fully paid and consideration fully received: Yes

2.2 Change Details for Holder: "I.B.I. Equity Compensation and Trusts (2004) Ltd."

• Name of holder: I.B.I. Equity Compensation and Trusts (2004) Ltd.
• Type of identification number: Company Registrar in Israel
• Identification number: 513540070
• Nature of the change: Exercise of warrants
• Date of Change: 01/01/2026
• Executed via stock exchange clearing house: Yes
• Type and name of security that changed: Non-tradable warrants 01/21
• Security number: 1171891
• Security balance in last report: 16,176,581
• Security balance after change: 16,160,580
• Total quantity of securities increased/decreased: 16,001
• Is this a grant of rights to purchase shares: No
• Total consideration for issued securities: _________
• Was the security fully paid and consideration fully received: Yes

2.3 Change Details for Holder: "I.B.I. Equity Compensation and Trusts (2004) Ltd."

• Name of holder: I.B.I. Equity Compensation and Trusts (2004) Ltd.
• Type of identification number: Company Registrar in Israel
• Identification number: 513540070
• Nature of the change: Expiry
• Date of Change: 01/01/2026
• Executed via stock exchange clearing house: Yes
• Type and name of security that changed: Non-tradable warrants 01/21
• Security number: 1133883
• Security balance in last report: 16,160,580
• Security balance after change: 16,073,076
• Total quantity of securities increased/decreased: 87,504
• Is this a grant of rights to purchase shares: No
• Total consideration for issued securities: _________
• Other: Expiry of employee warrants without consideration

Explanations

• 1. If the change affects more than one security, the impact of the change should be detailed in a separate line for each security.
• 1. Date of change all changes of the same type, in the same security, executed on one day, shall be summed in one line. For this matter – changes executed via the exchange clearinghouse should be separated from changes handled directly in the company's books.
• 1. For a decrease, add the sign "-".
• 1. In all quantity fields, state the number of securities and not NIS par value.

3. Main Shareholder Register at the Reporting Date

No.	Name of Registered Shareholder	ID Type	ID Number	Security Number	Type and Par Value	Quantity of Shares	Is Held as Trustee?
1

4. Attached is the shareholder register file in accordance with Section 130 of the Companies Law, 1999

pdf.isa\_מרשם\_מחזיקים

Alt: Shareholder registry file according to Section 130 of Companies Law, 1999

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

מחזיקים\מרשם\-\_Copy\_isa.pdf

Alt: Updated file of the corporation's securities registers including the option holders and bondholders register

Details of Authorized Signatories on Behalf of the Corporation

No. Name of Signatory		Position
1	Adv. Amir Shaked	Other / Chief Legal Advisor and Company Secretary

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:

According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed under these regulations must be signed by persons authorized to sign on behalf of the corporation. The ISA staff's position on this matter can be found on the ISA website: click here.

Additional Details

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

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

Electronic Reporter Name: Shaked Amir Position: Legal Advisor and Company Secretary

Employing Company: Shapir Civil and Marine Engineering Ltd.

Contact Details: Bareket 12, Petah Tikva 4951780, Phone: 03-9169555, Fax: 03-9169600, Email: amirs@shapir.co.il

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

Form structure update date: 06/08/2024