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Bezeq The Israeli Telecommunication Corporation Ltd.

Major Shareholding Notification Dec 23, 2025

6687_rns_2025-12-23_107bfbae-790e-4cd2-8b42-4431f333d508.pdf

Major Shareholding Notification

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BEZEQ THE ISRAEL TELECOMMUNICATION CORP. LTD.

Registration number: 520031931

To: Israel Securities Authority (www.isa.gov.il)

To: Tel Aviv Stock Exchange Ltd (www.tase.co.il)

Form Number: T076 (Public)

Sent via MAGNA: 23/12/2025

Reference: 2025-01-102489

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) to Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting a change in holdings of securities of the reporting corporation only. To report a change in holdings of securities of a controlled company of the reporting corporation, if its operations are material to the reporting corporation, use Form T121.

  1. Name of the holder: Daniel Shimoni

Type of identification: ID Number ID: 029726726 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 2300275 Name and type of security: Bezeq Op 12/2020 Nature of change: Decrease Detailed change: Convertible securities due to conversion to shares or redemption Deal: Single transaction Date of change: 22/12/2025 Price per transaction: 0 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 902,328 Last report holding percentage of this type: 1.33% Quantity change: -100,000 Current balance: 802,328 Current percentage of type: 1.66% Holding percentage after change (capital): 0.00% Holding percentage after change (voting): 0.00% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.03% Holding after change, fully diluted (voting): 0.03% Note No.: 1

2. Name of the holder: Daniel Shimoni

Type of identification: ID Number ID: 029726726 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 230011 Name and type of security: Bezeq - Ordinary Share Nature of change: Increase Detailed change: In shares due to conversion of securities Deal: Multiple transactions Date of change: 22/12/2025 Price per transaction: 0 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 60,573 Last report holding percentage of this type: 0.00% Quantity change: +50,541 Current balance: 111,114 Current percentage of type: 0.00% Holding percentage after change (capital): 0.00% Holding percentage after change (voting): 0.00% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.03% Holding after change, fully diluted (voting): 0.03% Note No.: 1

3. Name of the holder: Daniel Shimoni

Type of identification: ID Number ID: 029726726 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 230011 Name and type of security: Bezeq - Ordinary Share Nature of change: Decrease Detailed change: Due to sale on the stock exchange Deal: Multiple transactions Date of change: 22/12/2025 Price per transaction: 709 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 111,114 Last report holding percentage of this type: 0.00% Quantity change: -50,541 Current balance: 60,573 Current percentage of type: 0.00% Holding percentage after change (capital): 0.00% Holding percentage after change (voting): 0.00% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.03% Holding after change, fully diluted (voting): 0.03% Note No.: 1

4. Name of the holder: Erez Hasdai

Type of identification: ID Number ID: 22760599 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 2300275 Name and type of security: Bezeq Op 12/2020 Nature of change: Decrease Detailed change: Convertible securities due to conversion to shares or redemption Deal: Single transaction Date of change: 22/12/2025 Price per transaction: 0 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 1,300,000 Last report holding percentage of this type: 2.34% Quantity change: -300,000 Current balance: 1,000,000 Current percentage of type: 2.07% Holding percentage after change (capital): 0.00% Holding percentage after change (voting): 0.00% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.04% Holding after change, fully diluted (voting): 0.04% Note No.: 2

5. Name of the holder: Erez Hasdai

Type of identification: ID Number ID: 22760599 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 230011 Name and type of security: Bezeq - Ordinary Share Nature of change: Increase Detailed change: In shares due to conversion of securities Deal: Multiple transactions Date of change: 22/12/2025 Price per transaction: 0 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 0 Last report holding percentage of this type: 0.00% Quantity change: +185,572 Current balance: 185,572 Current percentage of type: 0.01% Holding percentage after change (capital): 0.01% Holding percentage after change (voting): 0.01% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.04% Holding after change, fully diluted (voting): 0.04% Note No.: 2

6. Name of the holder: Erez Hasdai

Type of identification: ID Number ID: 22760599 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 230011 Name and type of security: Bezeq - Ordinary Share Nature of change: Decrease Detailed change: Due to sale on the stock exchange Deal: Multiple transactions Date of change: 22/12/2025 Price per transaction: 710 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 185,572 Last report holding percentage of this type: 0.01% Quantity change: -185,572 Current balance: 0 Current percentage of type: 0.00% Holding percentage after change (capital): 0.00% Holding percentage after change (voting): 0.00% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.04% Holding after change, fully diluted (voting): 0.04% Note No.: 2

7. Name of the holder: Ron Glav

Type of identification: ID Number ID: 024939068 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 2300275 Name and type of security: Bezeq Op 12/2020 Nature of change: Decrease Detailed change: Convertible securities due to conversion to shares or redemption Deal: Single transaction Date of change: 22/12/2025 Price per transaction: 0 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 2,593,151 Last report holding percentage of this type: 4.13% Quantity change: -66,666 Current balance: 2,526,485 Current percentage of type: 5.24% Holding percentage after change (capital): 0.00% Holding percentage after change (voting): 0.00% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.09% Holding after change, fully diluted (voting): 0.09% Note No.: 3

8. Name of the holder: Ron Glav

Type of identification: ID Number ID: 024939068 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 230011 Name and type of security: Bezeq - Ordinary Share Nature of change: Increase Detailed change: In shares due to conversion of securities Deal: Multiple transactions Date of change: 22/12/2025 Price per transaction: 0 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 0 Last report holding percentage of this type: 0.00% Quantity change: +41,237 Current balance: 41,237 Current percentage of type: 0.00% Holding percentage after change (capital): 0.00% Holding percentage after change (voting): 0.00% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.09% Holding after change, fully diluted (voting): 0.09% Note No.: 3

9. Name of the holder: Ron Glav

Type of identification: ID Number ID: 024939068 Type of holder: Senior officer who is not a CEO or director and is not an interested party by virtue of holdings Citizenship: Private individual with Israeli citizenship Country of citizenship: — Stock Exchange Security Number: 230011 Name and type of security: Bezeq - Ordinary Share Nature of change: Decrease Detailed change: Due to sale on the stock exchange Deal: Multiple transactions Date of change: 22/12/2025 Price per transaction: 713 Agorot Are these dormant shares or convertible securities into dormant shares?: No Last report balance: 41,237 Last report holding percentage of this type: 0.00% Quantity change: -41,237 Current balance: 0 Current percentage of type: 0.00% Holding percentage after change (capital): 0.00% Holding percentage after change (voting): 0.00% Explanation: The holding percentage after the change does not relate to convertible securities. Holding after change, fully diluted (capital): 0.09% Holding after change, fully diluted (voting): 0.09% Note No.: 3

Notes

    1. The change is due to the exercise of 100,000 warrants not registered for transfer into 50,541 ordinary shares of the company. The warrants were exercised by the net exercise mechanism, whereby the exercise price is not actually paid to the company but is taken into account in calculating the number of shares to which the offeree is entitled, as detailed in the company prospectus dated December 18, 2025 (Reference: 2025-01-101258). The shares resulting from the exercise of the warrants were sold on the stock exchange, and the transaction price quoted above is the average sale price.
    1. The change is due to the exercise of 300,000 warrants not registered for transfer into 185,572 ordinary shares of the company. The warrants were exercised by the net exercise mechanism, whereby the exercise price is not actually paid to the company but is taken into account in calculating the number of shares to which the offeree is entitled, as detailed in the company prospectus dated December 18, 2025 (Reference: 2025-01-101258). The shares resulting from the exercise of the warrants were sold on the stock exchange, and the transaction price quoted above is the average sale price.
    1. The change is due to the exercise of 66,666 warrants not registered for transfer into 41,237 ordinary shares of the company. The warrants were exercised by the net exercise mechanism, whereby the exercise price is not actually paid to the company but is taken into account in calculating the number of shares to which the offeree is entitled, as detailed in the company prospectus dated December 18, 2025 (Reference: 2025-01-101258). The shares resulting from the exercise of the warrants were sold on the stock exchange, and the transaction price quoted above is the average sale price.
    1. Was the entire consideration paid at the time of change? Yes
    1. If not, what is the completion date of the payment?: —
    1. If the change was by signing a securities lending deed, please state how the lending ended: Explanation: The holding percentages should be specified considering all securities held by the interested party.
    1. Date and time the corporation first became aware of the event or matter: 23/12/2025 at 08:30
    1. Details of actions that led to the change: —

Details of authorized signatories signing on behalf of the corporation:

  1. Name: Adv. Michal Kuperstein Role: Other Role Description: Group Secretary and Officer in Charge of Internal Enforcement, Bezeq The Israeli Telecommunication Corp. Ltd.

Explanation: According 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 on behalf of the corporation. Staff position on the matter can be found at the Israel Securities Authority website: Click here.

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

Short Name: Bezeq Address: HaMenor 7, Holon 5886102 Phone: 03-6262200, 03-6262201 Fax: 03-6262209 Email: [email protected]

Former names of the reporting entity: —

Name of electronic reporter: Michal Kuperstein Role: Secretary of the company and officer responsible for internal enforcement Employer company: — Address: HaMenor 7, Holon 5886105 Phone: 03-6262200 Fax: 03-6262209 Email: [email protected]

End of Document

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