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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)

Filed via MAGNA: 05/04/2026

www.isa.gov.il

www.tase.co.il

Reference: 2026-01-031815

Capital structure, 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

Explanation: A brief description should be provided of the nature of the change

Reference numbers of previous reports on the subject: _, _, ____.

The corporation's securities position after the change:

Name and type of security	Security No. on the stock exchange	Quantity in registered capital	Issued and paid-up capital		Quantity registered in the name of the registration company
			Quantity in last report	Current quantity
Ordinary share	1133875	900,000,000	358,546,253	358,575,248	358,575,248
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	359,044	340,712	0
Non-tradeable warrants 01/21	1171891	0	13,949,009	13,910,881	0

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

The corporation announces that:

☐ On the date 05/04/2026

☐ 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 option plan 12/14 and option plan 01/21

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

Name of registered holder to whom the change relates: The Registration Company of the Tel-Aviv Stock Exchange Ltd.

Type of identification number: Number in the Israeli Companies Register Identification number: 515736817

Nature of the change: Exercise of warrants ____

Date of the change: 05/04/2026 Executed through 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

Holder's balance in the security in the last report: 358,546,253

Holder's balance in this security after the change: 358,575,248

Total quantity of securities in which there was a decrease/increase: 28,995

Is this a grant of rights to purchase shares No

Total consideration for the securities allocated: __

The stock exchange number of the share arising from the exercise of securities: __

Number of shares that will arise from full exercise/conversion of the securities: __

Total exercise premium that will be received from full exercise/conversion of the securities into shares: __

Period in which the securities may be exercised: __

From _until _

The securities allocated will be registered for trading: __

The allocation of said securities is further to _which was published on _and 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 the purpose of an ATM program
☐ Other.

Name of registered holder to whom the change relates: I.B.I Equity Compensation and Trusts (2004) Ltd

Type of identification number: Number in the Israeli Companies Register Identification number: 513540070

Nature of the change: Exercise of warrants __

Date of the change: 05/04/2026 Executed through 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

Holder's balance in the security in the last report: 13,949,009

Holder's balance in this security after the change: 13,910,881

Total quantity of securities in which there was a decrease/increase: 38,128

Is this a grant of rights to purchase shares No

Total consideration for the securities allocated: __

The stock exchange number of the share arising from the exercise of securities: __

Number of shares that will arise from full exercise/conversion of the securities: __

Total exercise premium that will be received from full exercise/conversion of the securities into shares: __

Period in which the securities may be exercised: __

From _until _

The securities allocated will be registered for trading: __

The allocation of said securities is further to _which was published on _and 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 the purpose of an ATM program ☐ Other. ____
Name of registered holder to whom the change relates: I.B.I Equity Compensation and Trusts (2004) Ltd 3 Type of identification number: Number in the Israeli Companies RegisterIdentification number: 513540070 Nature of the change: Exercise of warrants _ Date of the change: 05/04/2026Executed through the stock exchange clearing house: Yes Type and name of security in which the change occurred: Non-tradeable warrants 12/14 Security No. on the stock exchange: 1133883 Holder's balance in the security in the last report: 359,044 Holder's balance in this security after the change: 340,712 Total quantity of securities in which there was a decrease/increase: 18,332 Is this a grant of rights to purchase shares No Total consideration for the securities allocated: _ The stock exchange number of the share arising from the exercise of securities: _ Number of shares that will arise from full exercise/conversion of the securities: _ Total exercise premium that will be received from full exercise/conversion of the securities into shares: _ Period in which the securities may be exercised: _ From _until _ The securities allocated will be registered for trading: _ The allocation of said securities is further to _which was published on _and 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 the purpose of an ATM program ☐ Other. ____

The allocation of said securities is further to _which was published on _and 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 the purpose of an ATM program ☐ Other. ____

Name of registered holder to whom the change relates: I.B.I Equity Compensation and Trusts (2004) Ltd 3 Type of identification number: Number in the Israeli Companies RegisterIdentification number: 513540070 Nature of the change: Exercise of warrants _ Date of the change: 05/04/2026Executed through the stock exchange clearing house: Yes Type and name of security in which the change occurred: Non-tradeable warrants 12/14 Security No. on the stock exchange: 1133883 Holder's balance in the security in the last report: 359,044 Holder's balance in this security after the change: 340,712 Total quantity of securities in which there was a decrease/increase: 18,332 Is this a grant of rights to purchase shares No Total consideration for the securities allocated: _ The stock exchange number of the share arising from the exercise of securities: _ Number of shares that will arise from full exercise/conversion of the securities: _ Total exercise premium that will be received from full exercise/conversion of the securities into shares: _ Period in which the securities may be exercised: _ From _until _ The securities allocated will be registered for trading: _ The allocation of said securities is further to _which was published on _and 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 the purpose of an ATM program ☐ Other. ____

Explanations:

If the change affects more than one security, the impact of the change should be detailed in a separate line for each security.
Date of change - all changes of the same type, in the same security, executed on one day, shall be summarized in one line. For this purpose - changes executed through the stock exchange clearing house should be separated from changes executed directly in the company's books.
The change - for a decrease, the sign "-" should be added.
In all quantity fields, the quantity of securities must be entered, and not NIS par value.

There has been a change only in the corporation's register of holders of 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 complete details of the transaction or action that caused the change in the register must be described

1 Name of registered holder to whom the change relates: ____

Type of identification number: _ Identification number: _

Date of the change: _ Executed through the stock exchange clearing house: _

Type and name of security in which the change occurred:

Security No. on the stock exchange: ____

Amount of change: ____

Holder's balance in this security after the change: ____

The main details of the share register as of the reporting date are as follows:

No.	Name of registered shareholder	Type of identification number	Identification number	Security number on the stock exchange	Type of shares and their par value	Number of shares	Is the holder holding the shares as trustee
1	_____	_____	_____	_____	_____	_____	_____

Attached is a file of the share register in accordance with the provisions of Section 130 of the Companies Law, 5759 - 1999
Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of BONDS holders - Copy_isa.pdf

Details of the signatories authorized to sign on behalf of the corporation:

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

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

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

The corporation's securities are listed for trading on the Tel-Aviv Stock Exchange Form structure update date: 06/08/2024

Short name: Shapir Engineering

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

Email: [email protected] 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: 03-9169600Email: [email protected]

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