Harel Insurance Investments & Finacial Services Ltd.

Share Issue/Capital Change • Dec 16, 2025

HAREL INSURANCE INVESTMENTS & FINANCIAL SERVICES LTD

To:

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

Form Number: T085 (Public)

Reported on MAGNA: 16/12/2025

Reference: 2025-01-100390

Immediate Report on the Creation of Dormant Shares in the Issued Share Capital of the Corporation, Change in Their Number or 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 this matter:,,

We hereby report that on the date: 16/12/2025

A change has occurred in the number of dormant shares in the corporation's capital.

Details of the Holder of Dormant Shares

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: Harel Insurance Investments & Financial Services Ltd

Type of identification number: Number in the Israeli Companies Registrar

Identification number: 520033986 Type of holder: Reporting corporation

Citizenship/country of incorporation or registration: Incorporated in Israel

Securities number on the stock exchange: Harel Investments (585018)

Name of share: Harel Investments

Nature of 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.
Increase
Purchase on the stock exchange
Prospectus number:
(For internal use of the authority: in case of use of an ATM program, enter the prospectus number under which the ATM program operates.)
Date transaction was conducted: 16/12/2025
Transaction price in New Shekel: 137.84
Par value of total securities in New Shekel: 7,260
Total calculated consideration in New Shekel: 1,000,718.40
Reference number of the shelf offer report:, which was reported on:
Number of dormant shares held by the holder before the change: 20,355,879
Number of shares subject to the change: +7,260
Number of dormant shares held by the holder after the change: 20,363,139

Percentage of issued share capital of the company held after the change by the holder of the dormant shares: 0%

Were the shares purchased in accordance with a company-approved repurchase program? Yes

Cumulative program execution percentage after the change: 29.66%

Date of report on the purchase program: 30/10/2025

Status of the Company's Dormant Shares

Name of security: Harel Investments

Security number: 585018

Number of shares in registered capital: 500,000,000

Number of shares in issued and paid-up capital: 226,335,566

• Number of dormant shares according to section 308 or for ATM program purposes: 20,363,139
• Number of shares lacking rights per section 333(a): 0
• Number of shares lacking rights per section 340: 0
• Number of shares lacking rights per section 181: 0
• Total shares without capital or voting rights: 20,363,139
• % shares without rights from the issued and paid-up capital: 9%
• Number of dormant shares per section 309(b) ("subsidiary dormant"): 0
• (Does not include shares held by a subsidiary under section 369 acquired before February 2000, which have full rights to vote and in capital.)
• Number of shares lacking voting rights per section 333(b): 0
• % shares without voting rights but with capital rights from total issued capital of this security: 0%
• Number of shares for voting right calculation: 205,972,427
• Number of shares for capital right calculation: 205,972,427

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

Details of Authorized Signatories on Behalf of the Corporation

Name	Position
Nela Wilenchik Levi	Corporate Secretary

Note: According to regulation 5 of the Securities (Periodic and Immediate Reports) Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on this matter can be found on the Authority's website: Click here

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

Short name: Harel Investments

Address: Aba Hillel 3, Ramat Gan 5211802

Phone: 03-7547090, 03-7547111

Fax: 03-7547100

Email: giladsh@harel-ins.co.il

Company website: www.harel-group.co.il

Former names of the reporting entity: Harel Investments in Insurance and Finance Ltd, Harel Insurance Investments and Finance Ltd, Harel Insurance Investments Ltd, Harel Hamashmer Investments Ltd

Reporting electronic signatory: Wilenchik Levi Nalina

Position: Attorney, Corporate Secretary

Employing company: Harel Insurance Company Ltd.

Address: Aba Hillel 3, Ramat Gan 5211802

Phone: 03-7549894 Fax: 03-7348421

Email: nalav@harel-ins.co.il

Previous reference numbers of documents on this matter (the mention does not constitute inclusion by way of reference):

Form structure update date: 06/08/2024