Turpaz Industries Ltd. — Share Issue/Capital Change 2025

Dec 2, 2025

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(תורפז תעשיות בע"מ) LTD INDUSTRIES TURPAZ

Company Registry Number: 514574524

To:

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

Form Number: 087 (Public) Report Date: 02/12/2025 Reference Number: 2025-01-095430

Statement of Equity, Grant of Rights to Purchase Shares, and Registers of the Company's Securities and Changes Therein

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

Nature of the Change:

Exercise of employee warrants

_________, _________, _________.

Explanation: Briefly describe the nature of the change.

Reference Numbers of Previous Reports on the Topic:

1. The Company's Securities Holdings After the Change

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Name and Type of Security	TASE Number	Registered Capital Quantity	Issued and Paid Up Capital	Quantity Recorded in the Name of the Registration Company
Turpaz Ordinary Share 1175611 1,000,000,000		Last Report: 108,355,158	108,406,520
			Current: 108,406,520
Turpaz Series 03/22 Warrant for Share	1186329	0	Last Report: 568,980	492,750
			Current: 492,750
Turpaz Series 09/22 Warrant for Share	1190412	0	Last Report: 78,750	78,750
			Current: 78,750
Turpaz Employee Share Warrant	1205871	0	Last Report: 1,340,000	1,340,000
			Current: 1,340,000
Turpaz Other Share Warrant	1205889	0	Last Report: 626,000	626,000
			Current: 626,000

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

2. The Company Notifies:

On the date: 20/11/2025

There has been a change in the quantity and in the register of securities holders (including purchase rights for shares) of the corporation as a result of:

Exercise of employee warrants

Explanation: Describe the details of the transaction or action resulting in ^a change in the company's securities.

Section 1 — Details of the Change for Each Holder

1. Registered Holder That Was Changed:

Name: The Registration Company of the Tel Aviv Stock Exchange Ltd

ID Type: Israel Companies Registrar Number

ID Number: 515736817

Nature of change: Exercise of warrants

Date of change: 20/11/2025

Performed via TASE Clearing House: Yes

Type and name of security changed: Turpaz Ordinary Share

TASE Number: 1175611

Holder's balance in last report: 108,355,158 Holder's balance after change: 108,406,520 Total securities change (increase): 51,362

Grant of rights to purchase shares: No

The security was fully paid and full consideration was received.

2. Registered Holder That Was Changed:

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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.

Name: IBI Equity Compensation & Trusteeships (2004) Ltd

ID Type: Israel Companies Registrar Number

ID Number: 513540070

Nature of change: Exercise of warrants

Date of change: 20/11/2025

Performed via TASE Clearing House: Yes

Type and name of security changed: Turpaz Series 03/22 Warrant for Share

TASE Number: 1186329

Holder's balance in last report: 568,980 Holder's balance after change: 492,750 Total securities change (decrease): 76,230

Grant of rights to purchase shares: No

The security was fully paid and full consideration was received.

Explanations:

• 1. If the change affects more than one security, detail the effect per security.
• 1. Change date: All changes of the same nature in the same security on the same day are aggregated. Distinguish between clearing house actions and direct company book entries.
• 1. For reductions, attach the sign "-".
• 1. In all quantity fields, report quantity of securities, not NIS par value.

3. Main Shareholder Registry as of the Report Date:

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No.	Registered Shareholder Name	ID Type	ID Number	TASE Security Number	Share Type and Par Value	Share Quantity	Shares held as Trustee?
1	The Registration Company of the Tel Aviv Stock Exchange Ltd	Israel Companies Registrar	515736817	1175611	Ordinary Shares, No Par Value	108,406,520	No

4. Attached: File of shareholder registry in accordance with Section 130 of the Companies Law, 1999

[_________]

5. Attached: Updated file of the company's securities registers, including registers of warrant holders and bond holders

[marsham_november_2025_isa.pdf]

Details of the Authorized Signatories for the Corporation

No.	Name	Position
1	Yoni Adini Cohen	Other: Legal Advisor and Corporate Secretary

Explanation:

According to Regulation 5 of the Securities Regulations (1970), the report must be signed by persons authorized to sign for the corporation. Staff position on this issue is available at the Israel Securities Authority website: Click here

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Additional Information:

Previous document reference numbers: [blank fields]

Short name: Turpaz

Address: Hashita 10, Caesarea 3079856

Phone: 03-5598211 | Fax: 03-5598212

Email: info@turpaz.co.il | Website: www.turpaz.co.il

Electronic reporter name: Adini Yoni

Position: Chief Legal Advisor and Corporate Secretary

Employer: [blank]

Address: Halev 2, Holon 5885708

Phone: 054-8010552

Email: yoni@turpaz.co.il

Previous names of the reporting entity: [blank]

Note: The company's securities are listed on the Tel Aviv Stock Exchange.

Form structure update date: 06/08/2024

Attached Files

marsham_november_2025_isa.pdf Alt: Shareholder/Securities register file for November 2025 (ISA submission).