Shapir Engineering — Share Issue/Capital Change 2026

Apr 26, 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 Register: 514892801

To: Israel Securities Authority

To: Tel-Aviv Stock Exchange Ltd.

T087 (Public)

Filed via MAGNA: 26/04/2026

www.isa.gov.il

www.tase.co.il

Reference: 2026-01-037992

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-tradable warrants

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

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

1. The corporation's securities position following 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 in the name of the Registration Company
			Quantity in last report	Current quantity
Ordinary share	1133875	900,000,000	358,793,644	358,824,991	358,824,991
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	323,577	307,817	0
Non-tradable warrants 01/21	1171891	0	13,314,480	13,269,365	0

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

1. The corporation announces that:

☐ On date 26/04/2026

☐ From date _ to date _

☐ There was 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 pursuant to the 01/21 warrants plan and pursuant to the 12/14 plan

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 in respect of whom the change occurred: The TASE Registration Company 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: 26/04/2026 Executed 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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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.

Holder's balance of this security in the last report: 358,793,644

Holder's balance of this security after the change: 358,824,991

Total quantity of securities in which there was a decrease/increase: 31,347

Is this the granting of rights to purchase shares No

Total consideration for securities that were allotted: ____

The stock exchange number of the share that will result from the exercise of securities: ____

Number of shares that will result from full exercise / conversion of securities: ____

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

---

The period during which the securities can be exercised: ____

From _until _

The securities that were allotted will be listed for trading: ____

The said allotment of securities is further to _published on _and its reference number is _

☐ The security has been fully paid up and the consideration has been received in full.
☐ The security has been fully paid up, but the consideration has not been received in full.
☐ Issued for an ATM program
☐ Other.

Name of the registered holder in respect of whom the change occurred: 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: 26/04/2026 Executed via the stock exchange clearing house: Yes

Type and name of security in which the change occurred: Non-tradable warrants 01/21

Security no. on the stock exchange: 1171891

Holder's balance of this security in the last report: 13,314,480

Holder's balance of this security after the change: 13,269,365

Total quantity of securities in which there was a decrease/increase: 45,115

Is this the granting of rights to purchase shares No

Total consideration for securities that were allotted: ____

The stock exchange number of the share that will result from the exercise of securities: ____

Number of shares that will result from full exercise / conversion of securities: ____

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

---

The period during which the securities can be exercised: ____

From _until _

The securities that were allotted will be listed for trading: ____

---

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 said allotment of securities is further to _published on_and its reference number is _.
□ The security has been fully paid up and the consideration has been received in full.
□ The security has been fully paid up, but the consideration has not been received in full.
□ Issued for an ATM program
□ Other.
Name of the registered holder in respect of whom the change occurred: I.B.I. Equity Compensation and Trusts (2004) Ltd.
---
Type of identification number: Number in the Israeli Companies RegisterIdentification number: 513540070
Nature of the change: Exercise of warrants
Date of the change: 26/04/2026Executed via the stock exchange clearing house: Yes
Type and name of security in which the change occurred: Non-tradable warrants 12/14
Security no. on the stock exchange: 1133883
Holder's balance of this security in the last report: 323,577
Holder's balance of this security after the change: 307,817
Total quantity of securities in which there was a decrease/increase: 15,760
Is this the granting of rights to purchase shares No
Total consideration for securities that were allotted: _
The stock exchange number of the share that will result from the exercise of securities: _
Number of shares that will result from full exercise / conversion of securities: _
Total exercise premium that will be received from full exercise / conversion of securities into shares:
The period during which the securities can be exercised: _
From _until _
The securities that were allotted will be listed for trading: _
The said allotment of securities is further to _published on_and its reference number is _.
□ The security has been fully paid up and the consideration has been received in full.
□ The security has been fully paid up, but the consideration has not been received in full.
□ 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 the 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 through the stock exchange clearing house must be separated from changes made directly in the company's books.
3. The change - for a decrease, the sign "-" should be added.
4. In all quantity fields the number of securities must be filled in and not NIS par value.

There was 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:

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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.

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 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 holds the shares as trustee
1	_____	_____	_____	_____	_____	_____	_____

1. Attached is a file of the shareholders' register in accordance with the provisions of Section 130 of the Companies Law, 5759-1999.

2. Attached is an updated file of the corporation's securities registers, including the register of warrant holders and the register of bond holders. Copy_isa.pdf

Details of the authorized signatories to sign 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), 5730-1970, a report submitted pursuant to these regulations shall be signed by those 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 reference does not constitute incorporation by reference):

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

Date of last form structure update: 06/08/2024

Short name: Shapir Engineering

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

Email: 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, Petah Tikva4951780Telephone: 03-9169555Fax: 03-9169600Email: amirs@shapir.co.il