The Phoenix Holdings Ltd.

M&A Activity • Jan 16, 2025

Re: Affinity Partners Investments III Ltd - Grant of a Permit to Hold Means of Control in the Company and Preparation for Additional Purchase of ShareFurther to the Company's report dated July 16, 2024 (Ref. No. 2024-01-074239) regarding the agreement of the former controlling shareholders of the Company through Belenus Lux S.a.r.l ("Belenus") to enter into several transactions for the sale of shares to several entities, including Affinity Partners ("Affinity"), as well as regarding a transaction of Affinity with Belenus that is conditional on receiving a holding permit from the Capital Market, Insurance and Savings Authority, the Company announces that on January 15, 2025, the attached notice was forwarded to it on behalf of Affinity. false

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PHOENIX FINANCIAL LTD
Corporation no: 520017450	14969
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	Israel Securities Authority			Tel Aviv Stock Exchange		�150 ( Public )		Reported via MAGNA:	16/01/2025
	www.isa.gov.il			www.tase.co.il				Reference:	2025-01-004671	Time of broadcast: 09:42 09:42

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English language report to Israeli corporateThis form is for reports that has been translated to English (convenience translation) and should be published alongside with the report in Hebrew in accordance with the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970.

References of previous reports relating to this matter:   _________   _________   _________

_________

Attached hereto is a report on

Re: Affinity Partners Investments III Ltd - Grant of a Permit to Hold Means of Control in the Company and Preparation for Additional Purchase of Share Further to the Company's report dated July 16, 2024 (Ref. No. 2024-01-074239) regarding the agreement of the former controlling shareholders of the Company through Belenus Lux S.a.r.l ("Belenus") to enter into several transactions for the sale of shares to several entities, including Affinity Partners ("Affinity"), as well as regarding a transaction of Affinity with Belenus that is conditional on receiving a holding permit from the Capital Market, Insurance and Savings Authority, the Company announces that on January 15, 2025, the attached notice was forwarded to it on behalf of Affinity.

15_Jan_2025_isa.pdf

	Reference to parallel Hebrew report:	2025-01-004643
	This report was not reported in Hebrew.

Details of the authorized signatories to sign on behalf of the corporation:

	Name of the signer	Corporate Role
1	Elad Sirkis	Secretary _________

Note: According to Rule 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these Regulations will be signed by the authorized persons to sign on behalf of the corporation. For the ISA staff notice Click here .2 2

note that the attached report is a convenience translation only and the parallel Hebrew immediate report is the binding report.
References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
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Stock Exchange/Market: ������	Date of revision of form structure: 06/08/2024
Address: ��� ����� 53 , ������� 53454   , Tel: 03-7332997 , 03-7338174 Fax: 03-7238855
E-mail address: menin@fnx.co.il
Previous names of reporting entity: ������ ������ ��"�, ������ ������� ���� ����� ��"�
Name of the Signatory: ������ ���� Position of Signatory in the reporting corporation: Name of Employer Company: ������ ���� ������ ��"�
Address: ��� ����� 53 , ������� 5345433 Telephone: 074-7315656 Facsimile: 03-7238855 E-mail: Elads1@fnx.co.il 1