Major Shareholding Notification • Dec 23, 2025
Major Shareholding Notification
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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
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.
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
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
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
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
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
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
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
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
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
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]
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