Shapir Engineering — Share Issue/Capital Change 2026

Jan 1, 2026

SHAPIR ENGINEERING AND INDUSTRY LTD

Registrar Number: 514892801

To:

• Israeli Securities Authority [www.isa.gov.il]
• Tel Aviv Stock Exchange Ltd [www.tase.co.il]

Form Number: T087 (Public) MAGNA Transmission Date: 01/01/2026 Reference Number: 2026-01-000536

Correction Report for a Defective Report sent on 01/01/2026 with reference number: 2026-01-000296

The Defect: Security number in box number 3

Reason for the Defect: Typographical error

Main Correction: Correction of security number

Share Capital Status, Granting Rights to Purchase Shares, and Company's Securities Registers and Changes Therein

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

Nature of Change: Exercise of non-traded warrants and expiration of warrants

Explanation: The nature of the change should be briefly described.

Reference Numbers of Previous Reports on the Subject:

_________, _________, _________

1. The Company's Security Status After the Change

Name and Type of Security	Security Number	Quantity in Registered Capital	Issued and Paid Up Capital	In Last Report	Current Quantity	Quantity Registered with 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-traded warrants 12/14	1133883	0		392,111	392,111	0
Non-traded warrants 01/21	1171891	0		16,176,581	16,073,076	0

Explanation: All the company's securities must be detailed, including those not listed for trading.

2. The Company Announces That:

• On: 01/01/2026
• A change occurred in the quantity and in the register of holders of the company's securities (including rights to purchase shares) due to:
• Description of the change nature: Exercise of employee warrants according to the 01/21 plan and expiration of warrants

Explanation: All details of the transaction or action causing ^a change in the company's securities should be described.

Details of Securities Holders and the Respective Securities Change

1. Name of Registered Holder Affected by the Change:

• The Tel Aviv Stock Exchange Nominee Company Ltd
• Type of ID: Registrar Number in Israel
• ID Number: 515736817
• Nature of Change: Exercise of warrants
• Change Date: 01/01/2026
• Executed via the TASE Clearinghouse: Yes
• Type and Name of Security: Ordinary shares
• Security Number: 1133875
• Holder's balance in the latest report: 357,824,831
• Holder's balance after change: 357,833,730
• Total change (increase/decrease): 8,899
• Rights granted to purchase shares: No
• Total proceeds for securities issued: _________
• Security number for shares resulting from exercise: _________ Quantity of shares resulting from full exercise/conversion: _________
• Additional exercise proceeds from full exercise/conversion: _________
• Period securities can be exercised: _________
• Security fully paid up and proceeds fully received: Checked

2. Name of Registered Holder Affected by the Change:

IBI Equity Compensation and Trusteeships (2004) Ltd

Type of ID: Registrar Number in Israel

ID Number: 513540070

Nature of Change: Exercise of warrants

Change Date: 01/01/2026

Executed via the TASE Clearinghouse: Yes

Type and Name of Security: Non-traded warrants 01/21

Security Number: 1171891

Holder's balance in the latest report: 16,176,581

Holder's balance after change: 16,160,580

Total change (increase/decrease): 16,001

Rights granted to purchase shares: No

Security fully paid up and proceeds fully received: Checked

3. Name of Registered Holder Affected by the Change:

IBI Equity Compensation and Trusteeships (2004) Ltd

Type of ID: Registrar Number in Israel

ID Number: 513540070 Nature of Change: Expiry Change Date: 01/01/2026

Executed via the TASE Clearinghouse: Yes

Type and Name of Security: Non-traded warrants 01/21

Security Number: 1171891

Holder's balance in the latest report: 16,160,580

Holder's balance after change: 16,073,076 Total change (increase/decrease): 87,504 Rights granted to purchase shares: No

Other: Checked (Employee warrants expired without consideration)

Explanations

• 1. If the change affects more than one security, detail the impact on each in a separate line.
• 1. Change date all changes of the same type, in the same security, performed on the same day, should be summed on one line. For this, changes through the clearinghouse must be separated from those made directly in the company's books.
• 1. The change for a reduction, add the sign "-".
• 1. In all quantity fields, specify the number of securities, not the NIS par value.

3. Main Shareholders Register at the Reporting Date

#	Name of Registered	ID	ID	Security	Type of shares	Quantity of	Holds as
	Shareholder	Type	Number	Number	and par value	shares	Trustee
1

Attached Files

• Shareholders Register File in accordance with Section 130 of the Companies Law, 1999: marsham_mahazikim_isa.pdf
• Updated file of corporation's securities registers, including register of warrant holders and register of bond holders: marsham_mahazikim-Copy_isa.pdf

Details of Authorized Signatories for the Corporation

#	Signatory Name	Role	Role Description
1	Adv. Amir Shaked	Other	Chief Legal Counsel and Company Secretary

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

Previous Names of the Reporting Entity

Shapir Holdings Bareket Ltd

Reporting Details

Name of electronic reporter: Shaked Amir

Position: Legal Counsel and Company Secretary

Employer company: Shapir Civil and Marine Engineering Ltd

Address: Bareket 12, Petah Tikva, Zip code: 4951780

Phone: 03-9169555, Fax: 03-9169600

Email: amirs@shapir.co.il

Company summary info

Short name: Shapir Engineering

Address: 12 Bareket, Petah Tikva 49170

Phone: 03-9169500 Fax: 03-9169600

Email: amirs@shapir.co.il Website: www.shapir.co.il

Note

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

Form structure last updated: 06/08/2024

Attached Images:

marsham\_mahazikim\_isa.pdf

Shareholders register file in accordance with Section 130 of the Companies Law, 1999

marsham\mahazikim\-\_Copy\_isa.pdf

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.
Updated file of corporation's securities registers, including register of warrant holders and register of bond holders