Bank Hapoalim B.M.

Major Shareholding Notification • Dec 21, 2025

BANK HAPOALIM LTD

בנק הפועלים בע"מ :(Hebrew in (Company

Company Number in Registry: 520000118

To: Israel Securities Authority

To: Tel Aviv Stock Exchange Ltd.

Form number: T020 (Public)

Sent via MAGNA: 21/12/2025

Reference: 2025-01-101365

ISA Website: www.isa.gov.il

TASE Website: www.tase.co.il

Issuer Notice Regarding Results of the Offer in Prospectus

According to Section 30 of the Securities Law, 1968 and the Securities Regulations (Notices on Results of the Offer in the Prospectus), 1969

• Results of the early commitment auction given in the prospectus (without offering the securities in the prospectus).
• Results of the offer in the prospectus.
• Cancellation of the public offer.

Note: When reporting the results of an offer in the prospectus, early commitments given prior to the publication of the prospectus must also be included.

The prospectus is a shelf prospectus of a reporting corporation.

1. Presented below are the results of the offer in the prospectus whose reference number is (T012) 2023-01-049185

Permission for publication granted on: 08/05/2023

Order submission period ended on: _________

Was the offer made by shelf offer report or supplementary notice: Yes

Reference number for shelf offer report (T022) / supplementary notice (T024): 2025-01-092382

Attached results for the shelf prospectus offer: 2_במתנה_מניה_תוצאות_דוח_isa.pdf

[No image: PDF report] (Description: Link to PDF document - Results of Free Share Offer 2)

Prospectus Number: 45218

Note: To be entered for ISA internal use only.

2A. Total securities offered in the prospectus:

Type of security	TASE Security Number	Security Name	Total Quantity	Price*	Interest Rate	Discount Rate	Weighted Discount Rate
Shares	662577	BANK HAPOALIM Ordinary Share 1 NIS	3,000,000	75.35 New Shekel	0

Price per 1 security

2B. Supplementary details for ETFs offered in the prospectus:

Canceled*	TASE Number	Series Serial Number	Name	Type of Security in TASE	Trustee Name	Listing Date

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.

Note: Maximum 35 records can be entered in the table. If reporting more than 35 records, reporting must be split. If the series is canceled, mark "canceled" field. In the "series serial number" field, enter up to 3 characters or digits for the series serial, no additional markings.

3. Total securities by type and by category of ordering party whose order was accepted:

Securities for which cash consideration is received:

Type of Issue	Type, Number, and Name of Security	Tender Number	Type of Ordering Party	Total Issued Quantity	Price*	Future Exercise Price	Total Calculated Consideration	Par Value
Other (Public offer to eligible persons according to Free Share Plan 2.0)	Shares (662577, BANK HAPOALIM Ordinary Share 1 NIS)	0	Public	548,672	75.35 New Shekel		41,342,435.20 New Shekel	548,672 New Shekel

Price per 1 security

In case of listing for trading (including IPO listing) / release from lock-up / exchange offer / merger / dividend in kind distribution:

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.

Type of Issue	Type, Number, and Name of Security	Total Quantity	Average Closing Price* / Value on day before swap	Future Exercise Price	Total Calculated Consideration	Par Value	Execution Date**	Securities offered

^*Average closing price of the security of the same type during the first three trading days after listing.

Calculation Table Link (Proceeds.pdf)

If exchange offer:
--------------------	--

• Cash consideration received in _______: ________
• Cash consideration paid in _______: ________

4. Details of underwriters and distributors in the issuance:

Participants in the issue:

• Underwriters
• Distributors
• None of these

Name	Role

^**In case of listing/release from lock-up/dividend in kind, this is the listing date; in case of exchange offer, this is the effective swap date.

^**On exchange offer, report the replaced (received) securities. If they are not traded, report the offered securities.

^*The cash consideration the offeror received for the offered securities

^*The cash consideration paid by the offeror as part of the exchange offer

Authorized signatories for the corporation:

Name	Role
Pazit Grafinkel	Other (Head of Retail Division)
Adi Dauber	Other (Head of Financial Markets Unit)

Explanation: Pursuant to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), ^a report submitted under these regulations shall be signed by those authorized to sign for the corporation. For the staff's opinion, see ISA website: Click Here

Additional Information

Previous document reference numbers in the matter (if any): _______________________

Corporate Details

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

Short name: Poalim

Address: 50 Rothschild Blvd., Tel Aviv, 6688314

Phone: 03-5673800 Fax: 03-5674576

Email: gilad.bloch@poalim.co.il

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

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 electronic filer: Gilad Bloch

Role: Bank Secretary Employer Name: ________

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

Phone: 03-5673800 Fax: 03-5674576

Email: gilad.bloch@poalim.co.il

Form structure update date: 09/12/2025

Previous names of reporting entity: ________