Turpaz Industries Ltd. — Major Shareholding Notification 2025

Nov 27, 2025

TURPAZ INDUSTRIES LTD

Company Registration Number: 514574524

To:

• Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form Number: T079 (Public) Report Reference: 2025-01-093896 MAGNA Submission Date: 27/11/2025

Immediate Report on a Person Who Ceased to be an Interested Party in the Corporation

According to Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: In any reference to an interested party, the intention is also to a person with significant control in a banking corporation with no control core.

1. Holder's Details:

First Name: Rivka

First Name (as in passport): Rivka

Last Name/Corporation Name: Granot

Last Name/Corporation Name (English): Granot

Type of Identification Number: Identity Card Number

Identification Number: 022652457

Citizenship/ Country of Incorporation or Registration: Individual with Israeli Citizenship

Country of Citizenship/Incorporation or Registration: _________

Address: Finland, Haifa

Is the holder a representative for reporting of other shareholders holding securities of the corporation together with them: No

2. Details of the action as a result of which the holder ceased to be an interested party in the corporation:

A. Nature of the action: Decrease

(Reason): Due to sale outside the stock exchange

B. Name and type of security subject to the action: Turpaz Ordinary Share

C. TASE security number: 1175611 D. Date of transaction: 27/11/2025

E. Quantity of securities involved: 1,000,000

F. Transaction price: 6,000 agorot [agorot]

G. Are these dormant shares or securities convertible into dormant shares: No

H. Was the full consideration paid at the time of the change: Yes

If not, state the completion date of the payment: _________

3. A. Holdings after the transaction:

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.

Name, Type, and Series (330) of Security	TASE Security Number	Quantity of Securities	Dormant	Holding Percentage	Holding Percentage (Fully Diluted)
Turpaz Ordinary Share	1175611	2,584,000	No	Equity: 2.38% / Vote: 2.38%	Equity: 2.33% / Vote: 2.33%

B.

	☑ The holder is not a member of an institutional reporting group.
--	-------------------------------------------------------------------	--	--	--	--	--	--

• ☐ The holder is not a member of an institutional reporting group but serves/served as a senior officer in the company, not as CEO or director, and was not an interested party by virtue of holdings.
• ☐ The holder is a hedge fund as defined in the Joint Investments in Trust Regulations (Assets Permitted to Buy and Hold by a Fund and Their Maximum Proportions), 1994.
• For the hedge fund, there is a right to appoint a director or representative to the company's board: _________
• ☐ The holder is a member of an institutional reporting group. Below are the details of their holdings:

Holder	Name, Type, Series	TASE Security Number	Quantity of Securities	Dormant

Explanations:

• 1. If the interested party holds more than one type of security, indicate the holding percentage by considering all securities held by them in only one row.
• 1. Holdings in other securities, including those not listed for trading, must also be reported.
• 1. If the interested party is a subsidiary, split holdings into shares acquired before the Companies Law, 1999 took effect, and those acquired after.
• 1. Where the holder is not a member of an institutional reporting group, fill in 3a only. If a member, fill in 3a and 3b.
• State whether the securities are dormant or convertible into dormant shares.

4. Additional Details:

Holds together with Alon Granot, who ceased to be an interested party in the company as detailed in the immediate report published simultaneously to this report. The shares were sold to a leading global investment bank. The sale transaction included a warrant to purchase 500,000 shares of the company held by Ms. Granot, at an exercise price of 6,300 agorot ₪ per share, subject to customary adjustments for transactions of this kind. The option may be exercised in one transaction during the period from 27 November 2025 to 27 May 2026. In parallel to this transaction, additional sales transactions were carried out by other interested parties in the company to the same buyer, as detailed in the immediate reports published concurrently with this report.

5. Date and Time when the corporation first learned about the event or matter

Date: 27/11/2025 Time: 19:00

Details of the authorized signatories signing on behalf of the corporation:

No.	Signatory Name	Title
1	Yoni Adini Cohen	Other: Legal Advisor and Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on the subject can be found on the authority website: Click here

Additional Information

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.

Short name: Turpaz

Address: Hashita 10, Caesarea, 3079856 Phone: 03-5598211, Fax: 03-5598212

Email: info@turpaz.co.il

Company Website: www.turpaz.co.il

Previous names of the reporting entity:

Electronic Signatory Name: Adini Yoni

Position: Chief Legal Advisor and Company Secretary

Employer Company:

-

Address: Halevav 2, Holon, 5885708

Phone: 054-8010552, Fax: Email: yoni@turpaz.co.il

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

Form structure last updated: 04/02/2025

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

Note: There were no images in the provided document.