Turpaz Industries Ltd. — M&A Activity 2026

May 29, 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.

Turpaz Industries Ltd
TURPAZ INDUSTRIES LTD
Number in the Registrar: 514574524

To: Israel Securities Authority
www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd
www.tase.co.il

T053 (Public)

Filed on MAGNA: 29/05/2026
Reference: 2026-01-050940

Supplementary report to the report filed on 05/05/2026 whose reference number is: 2026-01-041308

Main details that were added / completed:

Further to the company's immediate report dated 05.05.2026 (reference: 2026-01-041308), the company is honored to update that it has received an official notice according to which the sellers have entered into an agreement with another company for the sale of the company's shares which are the subject of the report. Accordingly, the company is no longer conducting negotiations regarding said transaction.

The corporation will schedule the report for publication on 29/05/2026 17:00

Immediate report on an event or matter that deviates from the corporation's ordinary course of business

Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970

The results of an offering must be reported on T20 and not on this form.

A report on a rating of BONDS or a rating of a corporation must be submitted via Form T125

Report on: ☐ Report whose submission was delayed

Nature of the event: Publications in the media - offer in Japan

In light of publications in the media, the company updates that, as part of its ongoing activity of examining acquisition opportunities in international markets, the company submitted an offer, as part of a tender process, to acquire a significant company in Japan whose main activity is in the field of flavors. To the best of the company's knowledge, additional offers have been submitted as part of the process, and in the company's assessment, as of this date, the likelihood that Turpaz will complete the transaction is low. If there is a material change in the situation, the company will report in accordance with the law.

1. The date and time on which the corporation first became aware of the event or matter:

☐ 22/04/2026 at 17:30.

☐

Report that was delayed in accordance with Regulation 36(b):

1. If the report was delayed – the reason for which its submission was delayed:

A real concern that disclosure of the information might thwart the completion of the transaction or lead to a material deterioration in its terms, as well as a confidentiality requirement by the sellers.

1. On the date 05/05/2026 at 06:00 the impediment to report was removed.

2. ☐ The company is a shell company as defined in the TASE Regulations.

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

[Name of signatory] Position

Explanation: According 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. The 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 mention does not constitute inclusion by way of reference):

Securities of the corporation are listed for trading on the Tel-Aviv Stock Exchange

Date of form structure update: 06/08/2024

Short name: Turpaz

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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.

Address: HaShita 10, Caesarea3079856 Telephone: 03-5598211, Fax: 03-5598212

Email: info@turpaz.co.il Company website: www.turpaz.co.il

Former names of reporting entity:

Name of electronic reporter: Yoni Adini Position: General Counsel and Company Secretary Name of employing company:

Address: HaLev 2, Holon5885708 Telephone: 054-8010552 Fax: Email: yoni@turpaz.co.il