Bank Hapoalim B.M.

Major Shareholding Notification • Dec 14, 2025

BANK HAPOALIM LTD

Registration Number: 520000118

To:

• Israel Securities Authority
• The Tel Aviv Stock Exchange Ltd.

Form T085 (Public) Filed via MAGNA: 14/12/2025 Reference: 2025-01-099392

Immediate Report on the Creation of Dormant Shares in the Company's Issued Share Capital, Change in Their Number or Identity of the 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: This change should not also be reported on Form T-76

Previous report references on the subject:

_________, _________, _________

We hereby report that on the date: 14/12/2025

There was a change in the number of dormant shares in the corporation's capital

Details of the Dormant Shareholder Before and After the Change

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 of holder of dormant shares: BANK HAPOALIM LTD
Type of identification number: Israeli Companies Registrar Number: 520000118
Type of holder:
Citizenship/Country of incorporation or registration: Incorporated in Israel
Country of citizenship/incorporation or registration:
Security exchange number: Other: 662577
Name of share: BANHAP M.R
Nature of the change: Increase (Acquisition on the Exchange)
Other description:
Prospectus Number:
Explanation: For internal use by the authority - In case of use under an ATM program, provide the number of the prospectus under which the ATM program was executed.
Date transaction was executed: 14/12/2025
Transaction price in New Israeli Shekel: 76.307
Par value of total securities in New Israeli Shekel: 55,000

Number of dormant shares held by the holder before the change: 22,886,114

Reference number of the shelf offering report: _________, dated: _________

Total calculated proceeds in New Israeli Shekel: 4,196,885

• Quantity of shares subject to the change: +55,000
• Number of dormant shares held by the holder after the change: 22,941,114
• Percentage of issued share capital in the corporation held by the dormant shares holder after the change: 1.71%
• Were the shares purchased in accordance with a purchase program approved by the company? Yes
• Cumulative execution rate of the program after the change: 12.04%
• Date of reporting on the purchase program: 20/11/2025

Status of Dormant Shares of the Corporation

Name of Share	Security Number	Number of Shares in Registered Capital	Number of Shares in Issued and Paid-Up Capital	Number of Dormant Shares under Section 308 or ATM Program	Number of Shares Without Rights (Section 333(a))	Number of Shares Without Rights (Section 340)	Number of Shares Without Rights (Section 181)	Total Shares Without Rights in Capital & Voting	% of Shares Without Rights from Issued Paid-Up Shares	Number of Subsidiary Dormant Shares (Section 309(b))	Number of Shares Without Voting Rights (Section 333(b))	% of Shares Without Voting Rights of This Security	Number of Shares for Voting Rights Calculation	Number of Shares for Equity Rights Calculation
Ordinary Shares of 1 NIS each	662577	4,000,000,000	1,337,682,310	22,941,114	0	0	0	22,941,114	1.71%	0	0	0	1,314,741,196	1,314,741,196

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

Details of the authorized signatories for the corporation:

Name	Role
Ofer Shaul	Other: Department Manager
Meirav Avitan	Other: Department Manager

Explanation: According to Regulation 5 of the Securities (Periodic and Immediate Reports) Regulations, 1970, a report submitted under these regulations shall be signed by those authorized to sign on behalf of the corporation. Staff's position on the subject can be found on the authority's website: Click here

Additional Notes

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 carried out according to a purchase plan under Safe Harbor protection in accordance with the guidelines of the Israel Securities Authority.
• 1. For more information regarding the purchase plan, see the immediate report dated 20.11.2025 (Ref: 2025-01-089489) as well as Note 9 to the financial statements as of 30.9.2025 published on 20.11.2025 (Ref: 2025-01-089486).
• 1. The transaction price reported in the form is the average price of several transactions. The price range is 76.60-76.10 NIS.
• 1. The cumulative execution rate reported in the form refers to the entire purchase plan (all four stages). The cumulative execution rate of stage A of the purchase plan is 43.61%.

Signed on 14.12.2025

Previous references to documents on the subject (the mention does not constitute inclusion by way of reference):

The corporation's securities are listed for trading on the Tel Aviv Stock Exchange

Short name: Poalim

Address: Rothschild Blvd 50, Tel Aviv 6688314 Phone: 03-5673800 Fax: 03-5674576 Email: gilad.bloch@poalim.co.il Company

website: http://www.bankhapoalim.co.il

Previous names of reporting entity:

Name of electronic filer: Gilad Bloch Position: Bank Secretary Employing company:

Address: Yehuda Halevi 63, Tel Aviv - Jaffa 6578109 Phone: 03-5673800 Fax: 03-5674576 Email: gilad.bloch@poalim.co.il