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Turpaz Industries Ltd.

TURPAZ INDUSTRIES LTD

Number in the Registry: 514574524

To: Israel Securities Authority

www.isa.gov.il

To: Tel-Aviv Stock Exchange Ltd.

www.tase.co.il

T087 (Public)

Filed via MAGNA: 18/03/2026

Reference:

2026-01-023897

Share capital position, grant of rights to purchase shares and the corporation's securities registers and changes therein

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

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

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

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the change: Private placement of the Company shares, exercise and grant of warrants

Explanation: Describe briefly the nature of the change

Reference numbers of previous reports on the subject: _, _, ____.

The corporation's securities position after the change:

Name and type of security	Security No. on the stock exchange	Amount in the registered capital	Issued and paid-up capital		Quantity registered in the name of the Nominee Company
			Quantity in last report	Current quantity
Turpaz ordinary share	1175611	1,000,000,000	108,478,700	108,876,442	108,876,442
Turpaz W 03/22 warrant for share	1186329	0	432,835	393,460	0
Turpaz W 09/22 warrant for share	1190412	0	65,625	65,625	0
Turpaz warrant for share to employees	1205871	0	1,465,000	1,535,000	0
Turpaz warrant for share to others	1205889	0	686,000	701,000	0

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

The corporation reports that:

☐ On the date 18/03/2026

☐ From date _ to date _

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

Description of the nature of the change Private placement of the Company shares, exercise and grant of warrants

Explanation: All the transaction or action details due to which there was a change in the corporation's securities must be described.

Name of the registered holder for whom the change occurred: The Nominee Company of the Tel-Aviv Stock Exchange Ltd.

Type of identification number: Number in the Israeli Companies Registrar Identification number: 515736817

Nature of the change: Other Private placement and exercise of warrants. For details see at the bottom of the report

Date of the change: 18/03/2025 Executed through the stock exchange clearing house: Yes

Type and name of security in which the change occurred: Turpaz ordinary share

Security No. on the stock exchange: 1175611

Balance of the holder in the security in the last report: 108,478,700
Balance of the holder in this security after the change: 108,876,442
Total quantity of securities in which there was a decrease/increase: 397,742
Is this a grant of rights to purchase shares No
Total consideration for securities that were allotted: ___
The stock exchange number of the share that will derive from exercise of the security: ___
Quantity of shares that will derive from full exercise/conversion of the security: ___
Total exercise premium that will be received from full exercise/conversion of the security into shares: ___
The period during which the security can be exercised: ___
From _ until _
The securities allotted will be listed for trading: ___
The said securities allotment is further to _ published on _ and its reference number is ___
☐ The security has been fully paid up and the consideration has been received in full.
☐ The security has been fully paid up, but the consideration has not been received in full.
☐ Issued for an ATM program
☐ Other.
____
Name of the registered holder for whom the change occurred: I.B.I. Equity Compensation and Trusts (2004) Ltd.
---
Type of identification number: Number in the Israeli Companies RegistrarIdentification number: 513540070
Nature of the change: Allotment to employees ___
Date of the change: 10/03/2026Executed through the stock exchange clearing house: Yes
Type and name of security in which the change occurred: Turpaz warrant for share to employees
Security No. on the stock exchange: 1205871
Balance of the holder in the security in the last report: 1,465,000
Balance of the holder in this security after the change: 1,535,000
Total quantity of securities in which there was a decrease/increase: 70,000
Is this a grant of rights to purchase shares Yes
Total consideration for securities that were allotted: The warrants were allotted at no consideration
The stock exchange number of the share that will derive from exercise of the security: 1175611
Quantity of shares that will derive from full exercise/conversion of the security: 70,000
Total exercise premium that will be received from full exercise/conversion of the security into shares: As detailed in section 2.1 of the supplementary private placement report dated March 17, 2026 (reference: 2026-01-023439)
The period during which the security As detailed in section 2.2 of the supplementary private placement report dated can be exercised: March 17, 2026 (reference: 2026-01-023439)
From _ until _

The securities allotted will be listed for trading: No
The said securities allotment is further to Private placement report published on 17/03/2026 and its reference number is 2026-01-023439 ☐ The security has been fully paid up and the consideration has been received in full. ☐ The security has been fully paid up, but the consideration has not been received in full. ☐ Issued for an ATM program ☐ Other. The warrants were allotted at no consideration
Name of the registered holder for whom the change occurred: I.B.I. Equity Compensation and Trusts (2004) Ltd. 3 Type of identification number: Number in the Israeli Companies Registrar Identification number: 513540070
Nature of the change: Private placement ___
Date of the change: 10/03/2026 Executed through the stock exchange clearing house: Yes
Type and name of security in which the change occurred: Turpaz warrant for share to others Security No. on the stock exchange: 1205889
Balance of the holder in the security in the last report: 686,000
Balance of the holder in this security after the change: 701,000
Total quantity of securities in which there was a decrease/increase: 15,000
Is this a grant of rights to purchase shares Yes
Total consideration for securities that were allotted: The warrants were allotted at no consideration The stock exchange number of the share that will derive from exercise of the security: 1175611
Quantity of shares that will derive from full exercise/conversion of the security: 15,000
Total exercise premium that will be received from full exercise/conversion of the security into shares: As detailed in section 2.1 of the supplementary private placement report dated March 17, 2026 (reference: 2026-01-023439) The period during which the security As detailed in section 2.2 of the supplementary private placement report dated can be exercised: March 17, 2026 (reference: 2026-01-023439) From _ until _
The securities allotted will be listed for trading: No
The said securities allotment is further to Private placement report published on 18/03/2026 and its reference number is 2026-01-023439 ☐ The security has been fully paid up and the consideration has been received in full. ☐ The security has been fully paid up, but the consideration has not been received in full. ☐ Issued for an ATM program ☐ Other. The warrants were allotted at no consideration
Name of the registered holder for whom the change occurred: I.B.I. Equity Compensation and Trusts (2004) Ltd. 4 Type of identification number: Number in the Israeli Companies Registrar Identification number: 513540070
Nature of the change: Exercise of warrants ___
Date of the change: 18/03/2026 Executed through the stock exchange clearing house: Yes

Type and name of security in which the change occurred: Turpaz W 03/22 warrant for share

Security No. on the stock exchange: 1186329

Balance of the holder in the security in the last report: 432,835

Balance of the holder in this security after the change: 393,460

Total quantity of securities in which there was a decrease/increase: 39,375

Is this a grant of rights to purchase shares No

Total consideration for securities that were allotted: ____

The stock exchange number of the share that will derive from exercise of the security: ____

Quantity of shares that will derive from full exercise/conversion of the security: ____

Total exercise premium that will be received from full exercise/conversion of the security into shares:

The period during which the security can be exercised: ____

From _until _

The securities allotted will be listed for trading: ____

The said securities allotment is further to _published on _and its reference number is ____

☐ The security has been fully paid up and the consideration has been received in full.
☐ The security has been fully paid up, but the consideration has not been received in full.
☐ Issued for an ATM program
☐ Other.

Explanations:

If the change affects more than one security, the effect of the change must be detailed in a separate line for each security.
Date of the change - all changes of the same type, in the same security, carried out on one day, will be summarized in one line. For this matter - changes carried out through the stock exchange clearing house must be separated from changes carried out directly in the company books.
The change – for a decrease the sign “-” must be added.
In all quantity fields the quantity of securities must be entered and not NIS par value.

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

Description of the nature of the change ____

Explanation: All the transaction or action details due to which there was a change in the register must be described

1 Name of the registered holder for whom the change occurred: ____

Type of identification number: _ Identification number: _

Date of the change: _ Executed through the stock exchange clearing house: _

Type and name of security in which the change occurred:

Security No. on the stock exchange: ____

Quantity of the change: ____

Balance of the holder in this security after the change: ____

The main shareholders' register as of the report date is as follows:

No.	Name of registered shareholder	Type of identification number	Identification number	Security number on the stock exchange	Type of shares and their par value	Number of shares	Does he hold the shares as trustee
1	The Nominee Company of the Tel Aviv Stock Exchange Ltd.	Number in the Israeli Companies Registrar	515736817	1175611	Ordinary shares with no par value	108,876,442	No

Attached is a shareholders' register file in accordance with the provisions of section 130 of the Companies Law, 1999
Attached is an updated file of the corporation's securities registers, including the warrant holders register and BONDS holders register Register 18March 2026.isa.pdf

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

	Name of signatory	Position
1	Yoni Adini Cohen	Other
Legal Counsel and Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted pursuant to these regulations shall be signed by the persons authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the Authority website: Click here.

The change in section 1 includes a private placement of 358,367 Company shares in accordance with the private placement allocation report dated February 3, 2026 (reference: 2026-01-011873), and the exercise of 39,375 warrants by an employee of a subsidiary.

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

The corporation's securities are listed for trading on the Tel-Aviv Stock Exchange Form structure update date: 06/08/2024

Short name: Turpaz

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

E-mail: [email protected] Company website: www.turpaz.co.il

Previous names of reporting entity:

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

Address: HaLahav 2, Holon5885708 Telephone: 054-8010552 Fax: E-mail: [email protected]

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Explanations:

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