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Bank Hapoalim B.M.

Major Shareholding Notification Dec 24, 2025

6991_rns_2025-12-24_b8cefb0d-bbf5-4836-bbe2-4b089c485ee9.pdf

Major Shareholding Notification

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BANK HAPOALIM LTD

Company Number (Registrar): 520000118

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Sent via MAGNA: 24/12/2025 ISA Website: www.isa.gov.il TASE Website: www.tase.co.il Reference: 2025-01-102861

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

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

Note: This form is intended to report changes in holdings of the reporting corporation's securities only. To report changes in holdings of a held company that is material to the operations of the reporting corporation, use form T121.

1. Holder's Full Name/Corporation Name:

(כלל החזקות עסקי ביטוח בע"מ :Hebrew (Ltd Holdings Enterprises Insurance Clal

Type of ID: Company number in Israel

ID Number: 520036120

Type of Holder: Provident funds and companies managing provident funds

The hedge fund has the right to appoint a director or a representative to the board: _________

Does the holder act as a representative for the purpose of reporting for shareholders holding together with them

securities of the corporation: Yes

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 Controlling Shareholder in the Interested Party: Clal Insurance Enterprises Holdings Ltd is a public company and a reporting entity without a controlling core.

ID Number of the Controlling Shareholder in the Interested Party: -

Citizenship/ Country of Incorporation: Incorporated in Israel

Country of Citizenship/Incorporation: _________

TASE Security number: 6620462

Name and Type of Security: Poalim Series E Subordinated Notes

Nature of Change: Decrease

Other (if any): Other

Description: The decrease was carried out in several transactions on the stock exchange from 1.12.2025 to 22.12.2025 at a price

range of 119.27-118.75

Note: Purchase or sale of shares on the exchange by a matched transaction, as defined in Chapter 3 of the TASE regulations, is classified as an off-exchange transaction, with disclosure in the free text field.

Is this change a single transaction or several (cumulative change): Several transactions

Date of Change: 22/12/2025 Transaction Price: 119.27

Currency: Agorot

Are these dormant shares or convertible securities into dormant shares: No

Balance (quantity of securities) in last report: 123,898,380

Holding percentage of all securities of this type in last report: 17.70%

Change in quantity of securities: 73,840,644 -

Current balance (quantity of securities): 50,057,736

Current holding percentage of all securities of this type: 7.15%

Holding percentage after change:

Capital: 5.18%

Voting Power: 5.27%

Explanation: The holding percentage after the change does not relate to convertible securities.

Holding percentage after full dilution:

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.

Capital: 5.16%

Voting Power: 5.25%

Note number: 1

Note: If an increase is reported due to forced acquisition of loaned securities, or a decrease due to forced sale, then loaned securities not returned to the lender mean the lending operation becomes a forced purchase, and the loan becomes a forced sale.

Notes Table

# Note
1 The holding is through the
partnership "Interested
Parties - Investment Baskets
- Clal Government Bonds
ETF 106 Linked to CPI".
"Interested Parties - Investment Baskets - Government Bonds ETF 106 Linked to CPI" is a general
registered partnership, all rights in which belong to Clal group companies. The partnership itself is
neither a managing company nor a participating life insurance account. According to the
agreements in the partnership, the holding percentages of the partners vary periodically, in
accordance with the mechanism set out in the partnership agreement. Holding percentages in the
partnership as of 7.11.2025: Pension and Provident (50.18%), Life Insurance (44.97%), Reserve
Funds - Pension Fund for Employees and Self-Employed (4.85%).

1. Was all the consideration paid at the date of the change?

Yes

If not, please provide the date of payment completion: _________

  1. If the change is via signing a loan agreement, please provide details on the loan conclusion: _________

Explanation: Indicate the holding percentages taking into account all securities held by the interested party.

    1. Date and time the corporation first became aware of the event: 24/12/2025 at 09:53
    1. Details of the activities that caused the change: _________

Details of authorized signatories on behalf of the corporation:

# Signatory Name Position
1 Meirav Avitan Other: Section Manager
2 Ofer Shaul Other: Section Manager

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 by the corporation. Staff's position can be found on the authority website: Click here.

Previous reference numbers on this subject (mentioning does not constitute a cross reference): None

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

Date of form structure update: 04/02/2025

Short name: Poalim

Address: Rothschild Blvd 50, Tel Aviv 6688314

Phone: 03-5673800 Fax: 03-5674576

Email: [email protected]

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

Previous names of the reporting entity: None

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.

Electronic Signatory Name: Gilad Bloch

Title: Bank Secretary

Employer Company Name:

Address: Yehuda Halevi 63, Tel Aviv - Jaffa 6578109

Phone: 03-5673800 Fax: 03-5674576

Email: [email protected]

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