Bank Hapoalim B.M.

Major Shareholding Notification • Dec 15, 2025

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.

BANK HAPOALIM LTD

Registry Number: 520000118

To:

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

Form Number: T085 (Public)

Transmitted via MAGNA: 15/12/2025

Reference: 2025-01-099912

Immediate report regarding the creation of dormant shares in the issued share capital of the corporation, a change in their number, or in the 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 in Form T-76.

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

We hereby report that on 15/12/2025, there was a change in the number of dormant shares in the corporation's capital.

Details of the shares holder:

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 B.M.
Name in English: Bank Hapoalim B.M
Type of identification number: Number in the Israeli Companies Register
Identification number: 520000118
Type of holder:
Citizenship/Country of incorporation or registration: Incorporated in Israel
Country of citizenship/incorporation or registration:
TASE security number: Other 662577
Name of the share: BANE"P M.R
Nature of the change:
Increase
Purchase on the Stock Exchange
Prospectus number:
Explanation: For the internal use of the Authority - in case of use of an ATM program, enter the prospectus number under which the ATM program was enacted.
Date transaction was performed: 15/12/2025
Transaction price in New Shekel: 77.419

Par value of total securities in New Shekel: 155,000

Total proceeds calculated in New Shekel: 11,999,945

Reference number of the shelf offering report: _________, as reported on: _________

Number of dormant shares held by the holder before the change: 22,941,114

Amount of shares subject to the change: +155,000

Number of dormant shares held by the holder after the change: 23,096,114

Percentage of the issued share capital of the corporation held after the change by the holder of the dormant shares: 1.73%

Were the shares purchased according to a company-approved acquisition plan: Yes

Cumulative execution rate of the plan after the change: 13.24%

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

The state of dormant shares of the corporation:

Share name: Ordinary shares of 1 NIS

Security number: 662577

Number of shares in the registered capital: 4,000,000,000

Number of shares in the issued and paid-up capital: 1,337,682,310

• Number of dormant shares according to section 308 or for ATM program purposes: 23,096,114
• Number of shares lacking rights according to section 333(a): 0
• Number of shares lacking rights according to section 340: 0
• Number of shares lacking rights according to section 181: 0
• Total shares with no capital rights and voting rights: 23,096,114
• % of shares without rights from the issued and paid-up capital: 1.73
• Number of dormant shares under section 309(b) ("subordinate dormant"): 0 (Does not include shares held by a subsidiary according to section 369 purchased before February 2000 and enjoying full rights in capital and voting)
• Number of shares lacking voting rights per section 333(b): 0
• % of shares lacking voting rights but with rights in capital of total issued capital of this security: 0
• Number of shares for calculating voting rights: 1,314,586,196
• Number of shares for calculating rights in capital: 1,314,586,196

Note: The section numbers below refer to the Companies Law, 1999.

Details of authorized signatories on behalf of the corporation:

Name	Position
Orit Langer	Deputy Department Manager
Ofer Shaul	Section Manager

Explanation: According to Regulation 5 of the Periodic and Immediate Reports (1970), ^a report submitted per these regulations shall be signed by those authorized to sign on behalf of the corporation. See staff position on the matter on the authority's website: Click here

Free Text:

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 acquisition is performed according to a purchase plan covered under the "Safe Harbor" protection in accordance with the Israel Securities Authority's guidelines.
• 1. For further information regarding the acquisition plan, see immediate report dated 20.11.2025 (Reference: 2025-01-089489) as well as Note 9 to the financial statements as of 30.9.2025 published on 20.11.2025 (Reference: 2025-01-089486).
• 1. The transaction price reported in this form is the average price of several transactions. The price range is 78.08-76.12 NIS.
• 1. The cumulative execution rate reported in this form refers to the entire acquisition plan (on all four stages). The cumulative execution rate for stage A of the acquisition plan stands at 47.95%.

Signed on 15.12.2025

Reference numbers of previous documents related to this subject (mention is not a reference by way of inclusion):

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

Date of form structure update: 06/08/2024

Short Name: Poalim

Address: 50 Rothschild Blvd, Tel Aviv, 6688314

Tel: 03-5673800, Fax: 03-5674576

E-mail: gilad.bloch@poalim.co.il

Company Website: http://www.bankhapoalim.co.il

Previous names of reporting entity:

Electronic reporting signatory: Gilad Bloch

Position: Bank Secretary

Address: 63 Yehuda Halevi St., Tel Aviv - Jaffa, 6578109,

Tel: 03-5673800, Fax: 03-5674576 E-mail: gilad.bloch@poalim.co.il