Shapir Engineering — Share Issue/Capital Change 2026

May 3, 2026

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: 03/05/2026
www.isa.gov.il	www.tase.co.il	Reference:	2026-01-040650

Capital structure, grant 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 options Explanation: Briey describe the nature of the change

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

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

			Issued and paid-up capital
Name and type of security	Security no. on the TASE	Amount in registered capital	Amount in last report	Current amount	Amount registered in the name of the Registration Company
Ordinary share	1133875	900,000,000	358,824,991 358,865,472		358,865,472
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 options 12/14	1133883	0	307,817 297,150		0
Non-tradeable options 01/21	1171891	0	13,269,365 13,195,620		0

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

1. The corporation announces that:

On date 03/05/2026

From date _________ to date _________

There was a change in the quantity and in the register of the 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 01/21 and under plan 12/14

Explanation: Describe the full details of the transaction or action that caused a change in the corporation's securities.

1

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

Type of identication number: Number in the Israeli Companies RegisterIdentication number: 515736817

Nature of the change: Exercise of options _________

Date of change: 03/05/2026Executed via the TASE Clearing House: Yes

Type and name of the security in which the change occurred: Ordinary shares Security no. on the TASE: 1133875

Holder's balance in the security in the last report: 358,824,991

	Holder's balance in this security after the change: 358,865,472
	Total quantity of securities in which there was a decrease/increase: 40,481
	Is this a grant of rights to purchase shares No
	Total consideration for securities that were allotted: _ The TASE number of the share that will result from exercise of the security: _
	Number of shares that will result from full exercise/conversion of the security: ___
	Total exercise premium that will be received from full exercise/conversion of the security into shares:
	_ The period during which the security may be exercised: _ From _until _
	The allotted securities 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 redeemed and the consideration has been fully received. The security has been fully redeemed, but the consideration has not been fully received. Issued for an ATM program Other. ___
	Name of the registered holder for whom the change occurred: IBI Capital Compensation and Trusts (2004) Ltd.
2	Type of identication number: Number in the Israeli Companies RegisterIdentication number: 513540070
	Nature of the change: Exercise of options ___ Date of change: 03/05/2026Executed via the TASE Clearing House: Yes
	Type and name of the security in which the change occurred: Non-tradeable options 01/21 Security no. on the TASE: 1171891
	Holder's balance in the security in the last report: 13,269,365
	Holder's balance in this security after the change: 13,195,620
	Total quantity of securities in which there was a decrease/increase: 73,745
	Is this a grant of rights to purchase shares No

Total consideration for securities that were allotted: _________

The TASE number of the share that will result from exercise of the security: _________

Number of shares that will result from full exercise/conversion of the security: _________

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

_________

The period during which the security may be exercised: _________

From _________until _________

The allotted securities 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 redeemed and the consideration has been fully received.

The security has been fully redeemed, but the consideration has not been fully received.

Issued for an ATM program

Other.

___
Name of the registered holder for whom the change occurred: IBI Capital Compensation and Trusts (2004) Ltd. 3
Type of identication number: Number in the Israeli Companies RegisterIdentication number: 513540070
Nature of the change: Exercise of options ___
Date of change: 03/05/2026Executed via the TASE Clearing House: Yes
Type and name of the security in which the change occurred: Non-tradeable options 12/14 Security no. on the TASE: 1133883
Holder's balance in the security in the last report: 307,817
Holder's balance in this security after the change: 297,150
Total quantity of securities in which there was a decrease/increase: 10,667
Is this a grant of rights to purchase shares No
Total consideration for securities that were allotted: ___
The TASE number of the share that will result from exercise of the security: ___
Number of shares that will result from full exercise/conversion of the security: ___
Total exercise premium that will be received from full exercise/conversion of the security into shares: ___
The period during which the security may be exercised: _ From ___until _
The allotted securities 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 redeemed and the consideration has been fully received. The security has been fully redeemed, 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 row for each security.

2. Date of change – all changes of the same type, in the same security, made on one day, will be summarized in one row. For this purpose – changes made via the TASE Clearing House must be separated from those made 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 must be entered and not NIS par value.

There was a change only in the register of the corporation's securities holders (without a change in the corporation's quantity of securities) as a result of:

Description of the nature of the change _________

Explanation: Describe the full details of the transaction or action that caused a change in the register

1 Name of the registered holder for whom the change occurred: _________

Type of identication number: _ Identication number: _
Date of change: _ Executed via the TASE Clearing House: _
Type and name of the security in which the change occurred:
_ Security no. on the TASE: _
Amount of change: ___
Holder's balance in 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 identication number	Identication number	TASE security number	Type of shares and their par value	Number of shares	Does he hold the 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

2. Attached is an updated le of the corporation's securities registers, including the option holders register and the BONDS holders register מחזיקים_מרשם_-_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: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (5730 – 1970), a report submitted under 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 ISA 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 , 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 ler: 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