Harel Insurance Investments & Finacial Services Ltd.

Share Issue/Capital Change • Dec 23, 2025

Harel Insurance Investments & Financial Services Ltd

To:

• Israel Securities Authority
• Tel Aviv Stock Exchange Ltd

Form T085 (Public)

Filed through MAGNA: 23/12/2025

Reference: 2025-01-102622

The company will schedule the report for publication on: 23/12/2025 18:30

Immediate Report on Creation of Dormant Shares in the Issued Share Capital of the Corporation, 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

Do not report this change also on form T-76

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

We hereby report that on the date 23/12/2025:

There was a change in the number of dormant shares in the company's equity.

Name 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.

Harel Insurance Investments & Financial Services Ltd

Name of the holder in English:

Harel Insurance Investments & Financial Services Ltd

Type of identification number: Companies Registrar number in Israel

Identification number: 520033986

Type of holder: The reporting corporation

Citizenship/State of incorporation or registration: Incorporated in Israel

Country of citizenship/incorporation/registration: _________

Securities exchange number: Harel Insurance (585018)

Security number: 585018

Share name: Harel Insurance

Nature of change:

Increase

Purchase on the stock exchange

Further details:
Prospectus number:

Explanation: For the ISA's internal use - if using an ATM program, please enter the prospectus number under which the ATM program was activated.

Transaction date: 23/12/2025

Transaction price in NIS: 144.6

Face value of total securities in NIS: 6,965

Total consideration calculated in NIS: 1,007,139

Reference number of shelf offering report: _________, which was reported on: _________

Number of dormant shares held by the holder before the change: 20,388,426

Number of shares subject to the change: +6,965

Number of dormant shares held by the holder after the change: 20,395,391

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

Were the shares acquired according to a purchase plan approved by the company? Yes

Cumulative realization rate of the plan after the change (%): 34.29

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

Registry of the Corporation's 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.

# Share name Security No. Number of shares in registered capital Number of shares in issued and paid-up capital Number of
dormant shares under section 308 or for ATM program Number of shares without rights under section 333(a) Number of shares
without rights under section 340 Number of shares without rights under section 181 Total shares with no capital/voting right % of
no-rights shares from issued capital Number of dormant shares under section 309(b) ("secondary dormant") , Number of shares
with no voting rights under section 333(b) % of shares without voting rights but with capital rights from total issued capital Number
of shares for voting rights calculation Number of shares for capital rights calculation
1 Harel Insurance 585018 500,000,000 226,335,566 20,395,391 0 0 0 20,395,391 9 0 (Not incl.
shares held by a subsidiary as per section 369 acquired before Feb 2000 which have full voting/equity rights) 0 0 205,940,175
205,940,175

(Note: Section numbers are from the Companies Law, 1999.)

Authorized Signatories for the Corporation

Name	Role
Nella Wilencik Levi	Company Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed pursuant to 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 ISA website: Click here

Reference numbers of previous related documents (such reference does not constitute incorporation by reference):

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

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.

Short name: Harel Insurance

Address: Abba Hillel 3, Ramat Gan, 5211802

Telephone: 03-7547090, 03-7547111

Fax: 03-7547100

Email: giladsh@harel-ins.co.il

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

Previous names of reporting entity: Harel Investments in Insurance and Finance Ltd, Harel Investments Insurance and Finance Ltd, Harel Investments in Insurance Ltd, Harel HaMishmar Investments Ltd

Electronic reporter name: Shapira Dov Gilad Role: Legal Advisor Employer Company: Address: Abba Hillel 3, Ramat Gan, 5211802 Telephone: 03-7547090 Fax: Email: giladsh@harel-ins.co.il

Form structure last updated: 06/08/2024