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Bank Hapoalim B.M.

Major Shareholding Notification Dec 28, 2025

6991_rns_2025-12-28_9005dc3d-a638-43ed-9dcf-0dbe5b21396d.pdf

Major Shareholding Notification

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BANK HAPOALIM LTD

Company number: 520000118

To:

Form T063 (Public)

Broadcasted on MAGNA: 28/12/2025

Reference: 2025-01-104214

Immediate Report on a Decision to Merge

Regulation 31ia of the Securities Regulations (Periodic and Immediate Reports), 1970

On 28/12/2025 the company's Board of Directors made a decision to merge the company with several subsidiaries under the bank's control, as detailed below:

Main details as follows:

1. Main points of the merger plan:
-- -- -- -- -- ------------------------------------ --

See the bank's immediate report from 28.12.2025 (Reference No.: 2025-01-104157)

2. The procedure required for approval of the merger:

See the bank's immediate report from 28.12.2025 (Reference No.: 2025-01-104157)

3. Planned schedule for the procedure:

The merger proposal will be submitted to the Registrar of Companies in accordance with section 317(a) of the Companies Law. The merging companies will send or publish, as applicable, proper notices regarding the merger to their relevant creditors in accordance with the provisions and dates set in the first chapter of part eight of the Companies Law and in the Companies Regulations (Merger), 2000. Subject to the fulfillment of the conditions precedent, the date of completion of the merger shall not occur before 50 days from the date the merger proposal was delivered to the Registrar of Companies. The merger proposal has not yet been sent to the Registrar of Companies.

4. Has a merger proposal been submitted to the Registrar of Companies:
No. The merger proposal is attached herein. []
Explanation: The merger proposal should only be attached if it was not previously attached as part of Form T-60.
5. If a shareholders meeting was convened, specify the date:
[]
Explanation: If a meeting was convened, this should also be reported as part of an appropriate immediate report.
6. If a creditors meeting was convened, specify the date:
[]

Details of authorized signatories signing on behalf of the corporation:

No. Name Position
1 Guy Kalif Others
Chief Accountant

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.

| 2 | Ram Gav | Others Head of Finance Division - CFO |

Explanation: 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. The staff's position on the matter can be found on the authority's website: Click here

Numbers of previous document references on the subject (their mention does not constitute incorporation by reference):

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

Short name: Poalim

Address: 50 Rothschild Blvd, 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:

Electronic reporter name: Gilad Bloch

Position: Bank Secretary Employer company name:

Address: 63 Yehuda Halevi St., Tel Aviv - Jaffa 6578109

Phone: 03-5673800, Fax: 03-5674576

Email: [email protected]

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