Bezeq The Israeli Telecommunication Corporation Ltd.

Major Shareholding Notification • Dec 28, 2025

BEZEQ THE ISRAEL TELECOMMUNICATION CORP. LTD.

Registration Number: 520031931

To:

• Israel Securities Authority
• www.isa.gov.il
• Tel Aviv Stock Exchange Ltd.
• www.tase.co.il

Form Number: T076 (Public)

Report transmitted via MAGNA: 28/12/2025

Reference Number: 2025-01-104013

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

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

Note: This form is intended for reporting changes in holdings of the reporting company's securities only. To report changes in holdings of a subsidiary of the reporting company, if its operation is material to the activity of the reporting company, use Form T121.

Section 1

This is an unofficial Al 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 Holder (Hebrew/English)	Type of ID	ID Number	Type of Holder	Controlling Shareholder	Citizenship/Country	Security Name (Heb/Eng)	Security Number	Nature of Change	Date of Change	Transaction Price & Currency	Balance Before	Change Amount	Balance After	Holding % Before	Holding % After	Notes
1	עמית קורלנד / Amit Kurland	ID Card	028044204	Senior officer not CEO or director and not an interested party by virtue of holdings	-	Israeli individual	Bezeq Warrant 12/2020	2300275	Decrease in convertible securities due to their conversion to shares or redemption	25/12/2025	0 Agorot	70,000	-10,000	60,000	0.15%	0.12%	1
2	עמית קורלנד / Amit Kurland	ID Card	028044204	Senior officer not CEO or director and not an interested party by virtue of holdings	-	Israeli individual	Bezeq - Ordinary Share	230011	Increase in shares due to conversion of securities	25/12/2025	0 Agorot	0	+6,283	6,283	0.00%	0.00%	1
3	עמית קורלנד / Amit Kurland	ID Card	028044204	Senior officer not CEO or director and not an interested party by virtue of holdings	-	Israeli individual	Bezeq - Ordinary Share	230011	Decrease due to sale on the stock exchange	25/12/2025	710 Agorot	6,283	-6,283	0	0.00%	0.00%	1

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.

Note: Purchase or sale of shares on the exchange through a matched transaction, as defined in the third part of the exchange bylaws, will be classified as an off-exchange transaction, with disclosure in the free text field indicating that the transaction was conducted this way.

Note #1

The change arises from the exercise of 10,000 options (not listed for trading) into 6,283 ordinary shares of the company. The options were exercised via a net exercise mechanism, according to which the exercise price is not actually paid to the company but is taken into account when calculating the number of shares the offer recipient is entitled to from the exercise of the options, as detailed in the company's outline dated December 18, 2025 (Reference: 2025-01-101258).

The shares resulting from the exercise of the options were sold on the stock exchange, and the transaction rate mentioned above is the average sale price.

1. Was the entire consideration paid at the time of change? Yes
2. If the entire consideration was not paid at the time of change, specify the date of payment completion:

3. If the change was made by signing a loan agreement, specify the details on the completion method: Note:
Indicate the holding percentages taking into account all securities held by the interested party.

• 1. Date and time on which the corporation became aware of the event or matter: 28/12/2025 at 11:15
• 1. Details of actions causing the change: _________

Authorized Signatory Details

#	Name	Position
1	Michal Kuperstein, Adv.	Other: Group Secretary and Officer in charge of Internal Compliance, BEZEQ THE ISRAEL TELECOMMUNICATION CORP. LTD.

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.

Note: According to regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted according to these regulations shall be signed by those authorized to sign on behalf of the corporation. Staff position on the subject can be found on the authority's website: Click here.

Company Details

Tel Aviv Stock Exchange Ticker: בזק Address: 7 HaManor St., Holon, 5886102

Phone: 03-6262200, 03-6262201

Fax: 03-6262209

Email: michal.kuperstein@bezeq.co.il

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

Authorized Electronic Reporter

Name: Michal Kuperstein

Position: Company Secretary and Officer in charge of Internal Compliance

Employing Company Name:

Address:

7 HaManor St., Holon, 5886105

Phone: 03-6262200 Fax: 03-6262209

Email: Michal.Kuperstein@bezeq.co.il

Previous Names of Reporting Entity:

Form structure update date: 04/02/2025

References to previous documents on the subject:

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.

No images were present in the original document.