The Phoenix Holdings Ltd.

Legal Proceedings Report • Jul 3, 2024

Re: Approval by the Beer Sheva District Court of settlement in a class action Phoenix Insurance (subsidiary) - Immediate ReportThe Company announce that on June 30, 2024, the Beer Sheva District Court issued a ruling approving a settlement in a class action on its merits against a subsidiary of the Company, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), which, according to the plaintiffs, concerns the question of the scope of the insurance company's liability in collective health policies and/or individual health policies in which the insurance company undertook to pay the insured, in certain circumstances, the value of Form 17 (see Note 7A1(2) to the Company's financial statements as of March 31, 2024, which were published on May 29, 2024 (ref. num. 2024-01-055752)).Pursuant to the approved settlement, Phoenix Insurance will pay each member of the group (as defined in the settlement) an amount equal to 7.225% of the actual compensation value paid by it originally to each group member for the surgery undergone at the expense of the Health Maintenance Organization during the relevant period; With respect to future settlements, from the date of approval of the settlement onwards, Phoenix Insurance will add an amount equal to 7.225% of the value of compensation to the special compensation payable to policyholders of the relevant policies as defined in the settlement. In addition, it was agreed that Phoenix Insurance would pay remuneration to the class plaintiffs and attorneys' fees.The amounts pursuant to the judgment are not material to Phoenix Insurance and there is an appropriate provision against them in the books.Thus this procedure came to an end. false

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THE PHOENIX HOLDINGS LTD
Corporation no: 520017450	14969
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	Israel Securities Authority			Tel Aviv Stock Exchange		�150 ( Public )		Reported via MAGNA:	02/07/2024
	www.isa.gov.il			www.tase.co.il				Reference:	2024-01-068068	Time of broadcast: 23:25 23:25

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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:   _________   _________   _________

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Attached hereto is a report on

Re: Approval by the Beer Sheva District Court of settlement in a class action Phoenix Insurance (subsidiary) - Immediate Report The Company announce that on June 30, 2024, the Beer Sheva District Court issued a ruling approving a settlement in a class action on its merits against a subsidiary of the Company, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), which, according to the plaintiffs, concerns the question of the scope of the insurance company's liability in collective health policies and/or individual health policies in which the insurance company undertook to pay the insured, in certain circumstances, the value of Form 17 (see Note 7A1(2) to the Company's financial statements as of March 31, 2024, which were published on May 29, 2024 (ref. num. 2024-01-055752)). Pursuant to the approved settlement, Phoenix Insurance will pay each member of the group (as defined in the settlement) an amount equal to 7.225% of the actual compensation value paid by it originally to each group member for the surgery undergone at the expense of the Health Maintenance Organization during the relevant period; With respect to future settlements, from the date of approval of the settlement onwards, Phoenix Insurance will add an amount equal to 7.225% of the value of compensation to the special compensation payable to policyholders of the relevant policies as defined in the settlement. In addition, it was agreed that Phoenix Insurance would pay remuneration to the class plaintiffs and attorneys' fees. The amounts pursuant to the judgment are not material to Phoenix Insurance and there is an appropriate provision against them in the books. Thus this procedure came to an end.

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	Reference to parallel Hebrew report:	2024-01-067498
	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 which was published on 1 July, 2024 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: 18/06/2024
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