Shapir Engineering — Share Issue/Capital Change 2026

Apr 12, 2026

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.

Shapir Engineering and Industry Ltd.

SHAPIR ENGINEERING AND INDUSTRY LTD

Number in the Registrar: 514892801

To: Israel Securities Authority

To: Tel-Aviv Stock Exchange Ltd.

T087 (Public)

Transmitted by MAGNA: 12/04/2026

www.isa.gov.il

www.tase.co.il

Reference:

2026-01-033143

Share capital status, granting of rights to purchase shares and the corporation's securities registers and the changes therein

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

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

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

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the change: Exercise of non-tradable options

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 the registered capital	Issued and paid-up capital		Quantity registered under the name of the Registration Company
			Quantity in last report	Current quantity
Ordinary share	1133875	900,000,000	358,575,248	358,647,510	358,647,510
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 options 12/14	1133883	0	340,712	339,412	0
Non-tradable options 01/21	1171891	0	13,910,881	13,731,326	0

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

1. The corporation announces that:

☐ On the date 12/04/2026

☐ From date _ to date _

☐ A change occurred 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 options under Option Plan 12/14 and Option Plan 01/21

Explanation: The full details of the transaction or action by virtue of which a change occurred in the corporation's securities must be described.

Name of the registered holder in respect of whom the change occurred: The Registration Company of the Tel Aviv Stock Exchange Ltd.

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

Nature of the change: Exercise of options ____

Date of the change: 12/04/2026 Executed via the stock exchange clearing house: Yes

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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.

Type and name of security in which the change occurred: Ordinary shares Security No. on the stock exchange: 1133875 Holder's balance of the security in the last report: 358,575,248 Holder's balance of this security after the change: 358,647,510 Total quantity of securities in which there was a decrease/increase: 72,262 Is this a grant of rights to purchase shares No Total consideration for the securities that were allotted: _ The stock exchange number of the share that will derive from the exercise of the security: _ Number of shares that will derive 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: __ From _until _ The securities allotted will be listed for trading: _ The aforesaid allotment of securities is further to _published on _and its reference number is _ ☐ The security has been fully paid up and the consideration was received in full. ☐ The security has been fully paid up, but the consideration was not received in full. ☐ Issued for the purpose of an ATM program ☐ Other. ___
Name of the registered holder in respect of whom the change occurred: IBI Capital Compensation and Trusts (2004) Ltd.
---
Type of identification number: Number in the Israeli Companies RegistrarIdentification number: 513540070
Nature of the change: Exercise of options ____
Date of the change: 12/04/2026Executed via the stock exchange clearing house: Yes
Type and name of security in which the change occurred: Non-tradable options 01/21
Security No. on the stock exchange: 1171891
Holder's balance of the security in the last report: 13,910,881
Holder's balance of this security after the change: 13,731,326
Total quantity of securities in which there was a decrease/increase: 179,555
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: ____
The stock exchange number of the share that will derive from the exercise of the security: ____
Number of shares that will derive 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: ____
From _until _

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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 securities allotted will be listed for trading: ___
The aforesaid allotment of securities is further to _published on _ and its reference number is ___
☐ The security has been fully paid up and the consideration was received in full.
☐ The security has been fully paid up, but the consideration was not received in full.
☐ Issued for the purpose of an ATM program
☐ Other.
____
Name of the registered holder in respect of whom the change occurred: IBI Capital Compensation and Trusts (2004) Ltd.
Type of identification number: Number in the Israeli Companies RegistrarIdentification number: 513540070
Nature of the change: Exercise of options ___
Date of the change: 12/04/2026Executed via the stock exchange clearing house: Yes
Type and name of security in which the change occurred: Non-tradable options 12/14
Security No. on the stock exchange: 1133883
Holder's balance of the security in the last report: 340,712
Holder's balance of this security after the change: 339,412
Total quantity of securities in which there was a decrease/increase: 1,300
Is this a grant of rights to purchase shares No
Total consideration for the securities that were allotted: ___
The stock exchange number of the share that will derive from the exercise of the security: ___
Number of shares that will derive 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: ___
From _ until _
The securities allotted will be listed for trading: ___
The aforesaid allotment of securities is further to _published on _ and its reference number is ___
☐ The security has been fully paid up and the consideration was received in full.
☐ The security has been fully paid up, but the consideration was not received in full.
☐ Issued for the purpose of an ATM program
☐ Other.
____

Explanations:

1. If the change affects more than one security, the effect of the change should 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 matter - a distinction must be made between changes carried out via the stock exchange clearing house and changes carried out directly in the company's books.
3. The change - for a decrease, the sign "-" must be added.
4. All quantity fields must be filled with the quantity of securities and not NIS par value.

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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.

A change occurred only in the corporation's securities holders register (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 by virtue of which a change occurred in the register must be described

1 Name of the registered holder in respect of whom the change occurred:

Type of identification number: _ Identification number: _

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

Type and name of security in which the change occurred:

Security No. on the stock exchange:

Quantity of the change:

Holder's balance of this security after the change:

1. The main shareholders register as of the report date is 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	Whether the shares are held as trustee
1	_____	_____	_____	_____	_____	_____	_____

1. Attached is a file of the shareholders register in accordance with the provisions of Section 130 of the Companies Law, 1999 Register_of_holders_isa.pdf
2. Attached is an updated file of the corporation's securities registers, including the register of option holders and register of BOND holders Register_of_holders_-_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

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

Reference numbers of previous documents on the subject (the mention 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

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