Turpaz Industries Ltd. — Major Shareholding Notification 2026

Apr 20, 2026

Turpaz Industries Ltd. TURPAZ INDUSTRIES LTD

Number in the Register: 514574524

	To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. T076 ( Public ) Transmitted by MAGNA: 20/04/2026
www.isa.gov.il	www.tase.co.il	Reference:	2026-01-036529

Supplementary report to the report submitted on 27/11/2025whose reference number is: 2025-01-093888

Main details that were added / completed: Further to Note 1 to this report, on April 20, 2026 the parties agreed on an amendment to the terms of the warrant, such that the exercise period of the warrant will be extended by approximately one additional year, until April 17, 2027, the number of shares underlying the warrant will be increased by 50% and will amount to 625,000 shares of the Company, and the exercise price will be updated to an amount of NIS 75 per share, subject to the adjustments customary in transactions of this kind. The warrant may be exercised in a single transaction until the end of the warrant period as stated.

Immediate report on changes in holdings of interested parties and senior ofcers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970

Note: This form is intended for reporting a change in holdings in securities of the reporting corporation only. To report a change in holdings in securities of an investee company of the reporting corporation whose operations are material to the operations of the reporting corporation, Form T121 should be used.

1 Name of corporation / last name and rst name of the holder: Keren Cohen Khazon

Name of corporation / last name and rst name of the holder in English as registered in the Registrar of Companies or in the passport:

Keren Cohen Khazon

Type of identication number: Identity card number

Identication number of the holder: 024429227

Type of holder: Director/CEO

The hedge fund has the right to appoint a director or its representative to the Company's Board of Directors _________

Is the holder serving as a representative for the purpose of reporting a number of shareholders holding together with him securities of the corporation: No

Name of the controlling shareholder in the interested party -

Identication number of the controlling shareholder in the interested party -

Citizenship / country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship / incorporation or registration: _________

Security number on the stock exchange: 1175611

Name and type of the security: Turpaz

Nature of the change: Decrease_________due to sale off-exchange

_________

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as dened in Part Three of the TASE Regulations, will be classied as an off-exchange transaction, while providing disclosure in the free text eld that the transaction was carried out in this manner.

Is this a change in a single transaction or several transactions (cumulative change): Single transaction

Date of change: 27/11/2025

Transaction price: 6,000 Currency agorot

Whether they are dormant shares or securities convertible into dormant shares: No

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.

Balance (in quantity of securities) in the last report: 43,339,441 Holding percentage of the total securities of the same type in the last report: % 40

Change in quantity of securities: 833,333-

Current balance (in quantity of securities): 42,506,108 Current holding percentage of the total securities of the same type: % 39.23

Holding percentage after the change: In equity: % 39.23 In voting power: % 39.23 Explanation: Holding percentage after the change does not relate to convertible securities.

Holding percentage after the change on a fully diluted basis: In equity: % 38.30 In voting power: % 38.30

Note no. 1

2 Name of corporation / last name and rst name of the holder: Leshem Israel

Name of corporation / last name and rst name of the holder in English as registered in the Registrar of Companies or in the passport:

Leshem Israel

Type of identication number: Identity card number

Identication number of the holder: 051210177

Type of holder: Director/CEO

The hedge fund has the right to appoint a director or its representative to the Company's Board of Directors _________

Is the holder serving as a representative for the purpose of reporting a number of shareholders holding together with him securities of the corporation: No

Name of the controlling shareholder in the interested party -

Identication number of the controlling shareholder in the interested party -

Citizenship / country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship / incorporation or registration: _________

Security number on the stock exchange: 1175611

Name and type of the security: Turpaz

Nature of the change: Decrease_________due to sale off-exchange

_________

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as dened in Part Three of the TASE Regulations, will be classied as an off-exchange transaction, while providing disclosure in the free text eld that the transaction was carried out in this manner.

Is this a change in a single transaction or several transactions (cumulative change): Single transaction

Date of change: 27/11/2025

Transaction price: 6,140 Currency agorot

Whether they are dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 4,200,000 Holding percentage of the total securities of the same type in the last report: % 3.88

Change in quantity of securities: 170,000-

Current balance (in quantity of securities): 4,030,000 Current holding percentage of the total securities of the same type: % 3.72

Holding percentage after the change: In equity: % 3.72 In voting power: % 3.72 Explanation: Holding percentage after the change does not relate to convertible securities.

Holding percentage after the change on a fully diluted basis: In equity: % 3.63 In voting power: % 3.63

Note no. 2

Note: If the value "increase due to compulsory purchase of borrowed securities" or "decrease due to compulsory sale of borrowed securities" is chosen, then borrowed securities that were not returned to the lender and therefore the lending transaction became a compulsory purchase and the lending transaction a compulsory sale.

No. Note

1 The shares were sold to a leading global investment bank. The sale transaction also included granting a warrant to purchase 416,667 Company shares held by Ms. Cohen Khazon, at an exercise price of 6,300 agorot per share, subject to the adjustments customary in transactions of this kind. The warrant will be exercised in a single transaction in the period from November 27, 2025 to May 27, 2026. In parallel with this transaction, sale transactions were carried out by additional interested parties in the Company to the same purchasing entity, as detailed in the immediate reports published concurrently with this report.

2 Director in the Company. Holds personally and through Dr. Israel Leshem, Law Firm, a private company wholly owned by him.

1. Was the entire consideration paid on the date of the change Yes

If the entire consideration was not paid on the date of the change, please specify the date of completion of the payment:

_________

1. If the change is by way of signing a loan agreement, please specify details regarding the manner of termination of the loan:

_________

Explanation: The holding percentages must be stated taking into account all securities held by the interested party.

1. The date and time on which the corporation rst became aware of the event or matter 27/11/2025 At 19:00

2. Details of the actions that caused the change _________

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

	Name of signatory Position
1 Yoni Adini Cohen	OtherLegal Counsel and Corporate 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. 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 reference does not constitute inclusion by way of reference):

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

Date of last update of the form structure:

04/02/2025

Short name: Turpaz

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

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

Previous names of the reporting entity:

Name of electronic reporter: AdiniYoniPosition: Chief Legal Counsel and Corporate SecretaryName of employing company: Address: HaLehav 2 , Holon5885708Telephone: 054-8010552Fax: Email: yoni@turpaz.co.il

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.