Turpaz Industries Ltd. — Share Issue/Capital Change 2025

Aug 24, 2025

TURPAZ INDUSTRIES LTD

TURPAZ INDUSTRIES LTD

Registry Number: 514574524

To: Israel Securities Authority To: TEL AVIV STOCK EXCHANGE LTD Form Number: T087 (Public) Sent via MAGNA: 24/08/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-062917

Supplementary report to the report submitted on 22/08/2025 whose reference number is: 2025-01-062724

Main details added/completed: Following section 1, the proceeds from the issuance have been received in full.

Share Capital, Grant of Rights to Purchase Shares, and Registers of the Corporation's Securities and Changes Therein

Regulation 31E of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 32 of the Securities Regulations (Immediate and Periodic Reports), 1970

Nature of the change: A significant private allocation of company shares and a private allocation to an employee.

Explanation: Briefly describe the nature of the change.

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

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

Name and Type of Security	Security Number on TASE	Quantity in Registered Capital	Issued and Paid-up Capital	Quantity Registered in the Name of the Registration Company
TURPAZ INDUSTRIES LTD Ordinary Share	1175611	1,000,000,000	Last Report: 101,228,047 Current: 108,333,047	108,333,047
TURPAZ AP 03/22 Warrant for Share	1186329	0	Last Report: 576,625 Current: 576,625	0
TURPAZ AP 09/22 Warrant for Share	1190412	0	Last Report: 105,000 Current: 105,000	0
TURPAZ Warrant for Share to Employees	1205871	0	Last Report: 1,265,000 Current: 1,340,000	0
TURPAZ Warrant for Share to Others	1205889	0	Last Report: 626,000 Current: 626,000	0

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

2. The corporation announces that: From date: 19/08/2025 to date: 22/08/2025

A change occurred in the quantity and register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change: A significant private allocation of company shares and allocation of warrants to an employee.

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

Section 1

1

Name of registered holder affected by the change: TEL AVIV STOCK EXCHANGE LTD Registration Company Type of ID: Number in the Israeli Companies Registrar ID Number: 515736817

Nature of the change: Private allocation Date of change: 21/08/2025 Executed via TASE clearing house: Yes Type and name of security affected: TURPAZ INDUSTRIES LTD Ordinary Share Security number on TASE: 1175611 Holder's balance in the last report: 101,228,047 Holder's balance after the change: 108,333,047 Total quantity of securities increased/decreased: 7,105,000 Is this a grant of rights to purchase shares: No Total consideration for allocated securities: _________ Security number on TASE of the share resulting from exercise: _________ Number of shares resulting from full exercise/conversion: _________ Total additional proceeds from full exercise/conversion: _________ Period in which the security can be exercised: _________ From: _________ To: _________ Allocated securities will be registered for trading: _________ The allocation of these securities is a continuation of: _________ published on: _________ with reference number: _________

• The security has been fully paid and the consideration has been received in full.
• The security has been fully paid, but the consideration has not been received in full.
• Issued for ATM program.
• Other: _________

2

Name of registered holder affected by the change: I.B.I. Equity Compensation and Trusts (2004) Ltd. Type of ID: Number in the Israeli Companies Registrar ID Number: 513540070

Nature of the change: Allocation to employees Date of change: 19/08/2025 Executed via TASE clearing house: Yes Type and name of security affected: TURPAZ Warrant for Share to Employees Security number on TASE: 1205871 Holder's balance in the last report: 1,265,000 Holder's balance after the change: 1,340,000 Total quantity of securities increased/decreased: 75,000 Is this a grant of rights to purchase shares: Yes Total consideration for allocated securities: The warrants were allocated without consideration Security number on TASE of the share resulting from exercise: 1175611 Number of shares resulting from full exercise/conversion: 75,000 Total additional proceeds from full exercise/conversion: As detailed in section 2.1 of the private offering report dated 19 August 2025, reference 2025-01-061367. Period in which the security can be exercised: As detailed in section 2.2 of the private offering report dated 19 August 2025, reference 2025-01- 061367. From: _________ To: _________ Allocated securities will be registered for trading: No The allocation of these securities is a continuation of: Private offering report published on: 19/08/2025 with reference number: 2025-01-061367

• The security has been fully paid and the consideration has been received in full.
• The security has been fully paid, but the consideration has not been received in full.
• Issued for ATM program.
• Other: The warrants were allocated without consideration

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.
• 1. Date of change all changes of the same type, in the same security, made on the same day, will be summarized in one row. For this purpose – changes made through the TASE clearing house must be separated from changes made directly in the company's books.
• 1. The change for a decrease, add the sign "-".
• 1. In all quantity fields, the quantity of securities must be entered, not NIS par value.

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

Description of the nature of the change: _________

Explanation: Describe all details of the transaction or action that caused the change in the register.

Section 2

1 Name of registered	affected holder by the	change: ___	Type of ID: ___	ID
Number: ___	Date of change: ___	Executed via TASE	clearing house:	___
Type and name of	affected: security ___	Security number	on TASE: ___	Quantity of
change: ___	Holder's balance after the	change: ___

3. Main register of shareholders as of the reporting date is as follows:

No.	Name of Registered Shareholder	Type of ID	ID Number	Security Number on TASE	Type of Shares and Par Value	Number of Shares	Holds Shares as Trustee
1	TEL AVIV STOCK EXCHANGE LTD Registration Company	Number in the Israeli Companies Registrar	515736817	1175611	Ordinary shares without par value	108,333,047	No

1. Attached is a file of the register of shareholders in accordance with section 130 of the Companies Law, 1999

pdf.isa_מרשם_אוגוסט_2025

1. Attached is an updated file of the registers of the corporation's securities, including the register of warrant holders and the register of bondholders.

Details of the authorized signatories on behalf of the corporation:

No.	Name of Signatory	Position
1	Yoni Adini Cohen	Other Legal Advisor and Company Secretary

Explanation: According to Regulation 5 of the Immediate and Periodic 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 matter can be found on the Authority's website: Click here.

Securities of the corporation are listed for trading on the TEL AVIV STOCK EXCHANGE LTD

Form structure update date: 06/08/2024

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:

Name of electronic reporter: Adini Yoni Position: Chief Legal Advisor and Company Secretary Employer company name:

Address: Halev 2, Holon 5885708 Phone: 054-8010552 Fax: Email: yoni@turpaz.co.il