Bank Hapoalim B.M.

Transaction in Own Shares • Dec 28, 2025

BANK HAPOALIM LTD

Registry Number: 520000118

To:

• Israel Securities Authority
• Tel Aviv Stock Exchange Ltd.
• Form Number: T085 (Public)
• Broadcast on MAGNA: 28/12/2025
• Israel Securities Authority Email: www.isa.gov.il

TASE Email: www.tase.co.il Reference: 2025-01-103762

Immediate Report on the Creation of Dormant Shares in the Issued Share Capital of the Corporation, a Change in Their Number, or the Identity of their 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 also report this change in Form T-76.

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

We hereby report that on date: 25/12/2025

A change has occurred in the number of dormant shares in the corporation's capital.

Details of the Change

Holder of Dormant Shares: Bank Hapoalim B.M.

Holder Name in English: Bank Hapoalim B.M

Type of Identification Number: Number in the Israeli Companies Registrar

Identification Number: 520000118

Type of Holder: _________

Citizenship/ Country of incorporation or registration: Incorporated in Israel

Country of Citizenship/ Incorporation or registration: _________

Security Numbers on Exchange: Other 662577

Share Name: Bank Hapoalim Dormant Shares

Nature of Change:

Increase

Exchange Purchase

Transaction Date: 25/12/2025

Transaction Price in NIS: 73.126

Par Value of Securities in NIS: 170,000

Total Proceeds Calculated in NIS: 12,431,420

Report of Shelf Offering Reference Number: _________, which was reported on: _________

Number of dormant shares held by the holder prior to the change: 23,497,442

Number of shares subject to the change: +170,000

Number of dormant shares held by the holder after the change: 23,667,442

Percentage of issued share capital of the corporation held as dormant shares after the change: 1.77%

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

Cumulative performance rate of the plan after the change: 21.66%

Report date on the purchase plan: 20/11/2025

Status of the Dormant Shares of the Corporation

Share Name: Ordinary Shares of 1 NIS each

Security Number: 662577

Number of shares in the registered capital: 4,000,000,000

Number of shares in issued and paid-up capital: 1,337,682,310

Number of dormant shares under section 308 or for an ATM program: 23,667,442

• Number of shares with no rights under section 333(a): 0
• Number of shares with no rights under section 340: 0
• Number of shares with no rights under section 181: 0
• Total number of shares without rights to capital and voting: 23,667,442
• Percentage of shares without rights from issued and paid-up capital: 1.77%
• Number of dormant shares under section 309(b) ("subsidiary dormant") 0 (Not including shares held by a subsidiary under section 369 which were purchased before February 2000 and are entitled to full voting and capital rights.)
• Number of shares with no voting rights under section 333(b): 0
• Percentage of shares with no voting rights but rights to capital of total issued capital: 0
• Number of shares for calculation of voting rights: 1,314,014,868
• Number of shares for calculation of capital rights: 1,314,014,868

Note: The section numbers below are from the Companies Law, 1999.

Details of Authorized Signatories for the Corporation

Name	Role
Meirav Avitan	Other / Section Manager
Vered Melamed	Other / Section Manager

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on the matter can be found on the Authority's website: Click here

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.

Free Text Section

• 1. The purchase is made pursuant to a purchase plan that is covered under the safe harbor protection according to the guidelines of the Israel Securities Authority.
• 1. For more information regarding the purchase plan, see immediate report dated 20.11.2025 (reference: 2025-01-089489) and note 9 to the financial statements as of 30.9.2025 published on 20.11.2025 (reference: 2025-01-089486).
• 1. The transaction price reported in the form is an average of several transactions. The price range is 74.32-72.56 NIS.
• 1. The cumulative execution rate reported in the form refers to the entire purchase plan (all four stages). The cumulative execution rate of stage A of the purchase plan is 78.49%.

Signed on: 28.12.2025

Reference numbers of previous documents on the subject (reference is not considered as incorporation by reference):

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

Short Name: Poalim

Address: Rothschild Blvd 50, Tel Aviv 6688314

Phone: 03-5673800, Fax: 03-5674576

Email: gilad.bloch@poalim.co.il, Company Website: http://www.bankhapoalim.co.il

Previous names of reporting entity:

Reporting Person: Gilad Bloch / Bank Secretary

Company Address: Yehuda Halevi 63, Tel Aviv - Jaffa 6578109

Phone: 03-5673800, Fax: 03-5674576

Email: gilad.bloch@poalim.co.il

Date of update to form structure: 06/08/2024

No images were provided in the original document.