Shapir Engineering — Share Issue/Capital Change 2026

Feb 1, 2026

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Shapir Engineering and Industry Ltd SHAPIR ENGINEERING AND INDUSTRY LTD Number in the Register: 514892801

To: Israel Securities Authority To: Tel-Aviv Stock Exchange Ltd. T087 ( Public ) Submitted via MAGNA: 01/02/2026 www.isa.gov.il www.tase.co.il Reference: 2026-01-011293

Capital status, granting of rights to purchase shares and the corporation's securities registers and changes therein Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970 Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970 Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970 Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970

Nature of the change:	Exercise of non-tradeable warrants
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Explanation: A brief description of the nature of the change must be provided

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

1. The corporation's securities status after the change:

Name and type of security	Security No. on the stock exchange	Quantity in registered capital	Issued and paid-up capital Quantity in last Current report quantity		Quantity registered in the name of the registration company
Ordinary share	1133875	900,000,000	358,065,229 358,081,739		358,081,739
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-tradeable warrants 12/14	1133883 0		392,111 392,111		0
Non-tradeable warrants 01/21	1171891	0	15,338,741 15,281,073		0

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

		2. The corporation announces that:
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• On the date 01/02/2026
• From date _________ to date _________
• There has been a change in the quantity and in the 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 warrants under plan 01/21

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

described.
Name of the registered holder with respect to whom the change occurred: The Registration Company of the Tel-Aviv Stock Exchange Ltd. 1
Type of ID No.: Number in the Israeli Companies RegisterID number: 515736817
Nature of the change: Exercise of warrants
Date of change: 01/02/2026Executed via the stock exchange clearing house: Yes

Type and name of security in which the change occurred: Ordinary shares

Security No. on the stock exchange: 1133875

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Balance of the holder in the security in the last report: 358,065,229
Balance of the holder in this security after the change: 358,081,739
Total quantity of securities in which there was a decrease/increase: 16,510
Is this the granting of rights to purchase shares No
Total consideration for the securities allotted: The stock exchange number of the share arising from the exercise of the security:
Number of shares that will arise from full exercise/conversion of the security:
Total exercise premium to be received from full exercise/conversion of the security into shares:
The period during which the security may be exercised: Fromuntil
The securities allotted will be registered for trading:
The allotment of said securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
Name of the registered holder with respect to whom the change occurred: I.B.I. Equity Compensation and Trusts (2004) Ltd 2
Type of ID No.: Number in the Israeli Companies RegisterID number: 513540070
Nature of the change: Exercise of warrants Date of change: 01/02/2026Executed via the stock exchange clearing house: Yes
Type and name of security in which the change occurred: Non-tradeable warrants 01/21 Security No. on the stock exchange: 1171891
Balance of the holder in the security in the last report: 15,338,741
Balance of the holder in this security after the change: 15,281,073
Total quantity of securities in which there was a decrease/increase: 57,668
Is this the granting of rights to purchase shares No
Total consideration for the securities allotted: The stock exchange number of the share arising from the exercise of the security:
Number of shares that will arise from full exercise/conversion of the security:
Total exercise premium to be received from full exercise/conversion of the security into shares:
The period during which the security may be exercised:
Fromuntil

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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.
The allotment of said securities is further topublished onand its reference number is The security has been fully paid up and the consideration has been fully received. The security has been fully paid up, but the consideration has not been fully received. Issued for an ATM program Other.
Explanations: 1. If the change affects more than one security, the effect of the change must be detailed in a separate line for each security.
2. Date of change – all changes of the same type, in the same security, carried out on one day, shall be summarized in one line. For this purpose – changes carried out via the stock exchange clearing house must be separated from changes carried out directly in the company's books.
3. The change – for a decrease, the "-" sign must be added.
4. In all quantity elds the quantity of securities and not NIS par value must be lled in.
There has been a change only in the register of holders of the corporation's securities (without a change in the quantity of the corporation's securities) as a result of:
Description of the nature of the change
Explanation: The full details of the transaction or action that caused the change in the register must be described

1 Name of the registered holder with respect to whom the change occurred: _________ Type of ID No.: _________ ID number: _________ Date of change: _________ Executed via the stock exchange clearing house: _________ Type and name of security in which the change occurred: _________ Security No. on the stock exchange: _________

1. The main points of the shareholders register as of the report date are as follows:

Balance of the holder in this security after the change: _________

No.	Name of registered	Type of ID	ID	Security number on	Type of shares and	Number of	Whether holds the
	shareholder	number	number	the stock exchange	their par value	shares	shares as trustee
1

• 1. Attached is a le of the shareholders register in accordance with the provisions of Section 130 of the Companies Law, pdf.isa_מרשם_מחזיקים 1999 - 5759
• 1. Attached is an updated le of the corporation's securities registers, including the warrant holders register and BONDS holders register מחזיקים_מרשם_-_Copy_isa.pdf

Details of the authorized signatories on behalf of the corporation:

Name of signatory Position
1 Adv. Amir Shaked	Other Chief Legal Counsel and Company Secretary

Quantity of change: _________

Explanation: Pursuant to Regulation 5 of the Periodic and Immediate Reports Regulations (5730 – 1970), a report submitted pursuant to these regulations shall be signed by those authorized to sign on behalf of the corporation. The staff's position on this matter can be found on the Authority's website: Click here .

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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.

Reference numbers of previous documents on the subject (this reference does not constitute inclusion by way of reference):

The corporation's securities are listed for trading on the Tel-Aviv Stock Exchange

Date of form structure update:

06/08/2024

Short name: Shapir Engineering

Address: Barkat12 , Petach Tikva49170 Telephone: 03-9169500 , Fax: 03-9169600

E-mail: amirs@shapir.co.il Company website:www.shapir.co.il

Previous names of reporting entity: Shapir Holdings Barkat Ltd

Name of electronic reporter: Shaked AmirPosition: Legal Counsel and Company SecretaryName of employing company:

Shapir Civil and Marine Engineering Ltd

Address: Barkat 12 , Petach Tikva4951780Telephone: 03-9169555Fax: 03-9169600E-mail: amirs@shapir.co.il