Bank Hapoalim B.M.

Major Shareholding Notification • Dec 14, 2025

BANK HAPOALIM LTD

Registration Number: 520000118

To:

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

Form Number: T085 (Public)

Filed by MAGNA: 14/12/2025

Reference Number: 2025-01-099128

Immediate Report on the Formation of Dormant Shares in the Issued Share Capital of the Corporation, Change in their Number or in the Identity of their Holder

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

Regulation 33(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: Do not report this change also on Form T-76

Reference numbers of previous reports on the topic:

We hereby report that on 11/12/2025, there has been a change in the number of dormant shares in the corporation capital.

Details of the change:

_______, _______, _______.

Name of holder of dormant shares: Bank Hapoalim B.M
Holder in English: Bank Hapoalim B.M
Type of identification number: Company Registration Number in Israel
Identification number: 520000118
Holder type:
Citizenship/country of incorporation or registration: Incorporated in Israel
Country of citizenship/Incorporation or registration:
Security number on Exchange: Other
662577
Share name: BANAP M.R
Nature of the change: Increase
Type of increase: Purchase on the Exchange
(Decrease description):
Prospectus number:
Explanation: For internal use by the Authority – in case of use of ATM program, please input relevant prospectus number for ATM program.
Date of transaction: 11/12/2025
Transaction rate in NIS: 76.542
Par value total in NIS: 150,000
Total calculated consideration in NIS: 11,481,300
Reference number of Shelf Offering Report: (reported on:)
Number of dormant shares held by the holder prior to the change: 22,736,114
Amount of shares subject to the change: +150,000
Number of dormant shares held by the holder after the change: 22,886,114
Percentage of issued share capital in the corporation held by the holder of dormant shares after the change: 1.71%
Were the shares purchased according to a purchase plan approved by the company?: Yes

Cumulative execution rate of the plan after the change: 10.34%

Date of report on the purchase plan: 20/11/2025

The Current Overview of Dormant Shares of the Corporation

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.

Share # Name	Security Number	Number of Shares in Registered Capital	Number of Shares in Issued and Paid-up Capital	Number of Dormant Shares according to Section 308 or for ATM Program	Number of Shares without Rights according to Section 333(a)	Number of Shares without Rights according to Section 340	Number of Shares without Rights according to Section 181	Total Shares with No Rights to Capital and Voting	% of Shares with No Rights from Issued and Paid-up Capital	Number of Dormant Shares according to Section 309(b) ("Sub-dormant")	Number of shares for calculating voting rights	Number of shares for calculating rights to capital
Ordinary 1 Shares of 1 NIS each	662577	4,000,000,000	1,337,682,310	22,886,114	0	0	0	22,886,114	1.71	0	1,314,796,196	1,314,796,196

(Does not include shares held by subsidiaries under Section 369 purchased before February 2000, which hold full rights in voting and capital)

Note: The section numbers below are from the Companies Law, 1999.

Details of Authorized Signatories for the Corporation

Name	Position
Yaakov Lavi-Rubin	Other (Department Manager)
Vered Melamed	Other (Department Manageress)

Explanation: According to regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed under these regulations will 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.

Additional Explanations

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.

• 1. The purchase is executed pursuant to a purchase plan protected under the Safe Harbor, following the instructions of the Israel Securities Authority.
• 1. For further information regarding the purchase plan, see the immediate report from 20.11.2025 (reference: 2025-01-089489) and Note 9 to the financial statements as of 30.9.2025 published on 20.11.2025 (reference: 2025-01-089486).
• 1. The transaction rate reported in the form is the average rate for several transactions. The price range was 77.29–75.58 NIS.
• 1. The reported cumulative execution rate in the form refers to the entire purchase plan (across its four stages). The cumulative execution rate of Stage A of the purchase plan is 37.46%. Signed on 14.12.2025.

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

Form Structure Update Date: 06/08/2024

Short Name: Poalim

Address:

50 Rothschild Blvd, Tel Aviv, 6688314

Telephone: 03-5673800

Fax: 03-5674576

Email: gilad.bloch@poalim.co.il Company Website: http://www.bankhapoalim.co.il

Previous names of reporting entity:

Electronic signatory name: Gilad Bloch Position: Bank Secretary Employing company:

Address:

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.

63 Yehuda Halevi St., Tel Aviv–Yafo, 6578109

Telephone: 03-5673800

Fax: 03-5674576

Email: gilad.bloch@poalim.co.il

No images were found in the original document.