The Phoenix Holdings Ltd.

Transaction in Own Shares • Jun 2, 2024

Immediate Report regarding the Formation of Treasury Shares in the Issued Share Capital of the Corporation, a Change in their Number or in the Identity of the Holder

Regulation 31(b) of the Securities Regulations (Periodic and Immediate Statements), 5730-1970 Regulation 33(a) of the Securities Regulations (Periodic and Immediate Statements), 5730-1970 This change should not be reported in Form T-76 as well

Reference numbers of previous reports on the subject: _, _, ___.
We hereby confirm that	On 30/05/2024
		From _ to _
	the number of treasury shares in the corporation's capital		There has been a change in
Name of holder of Treasury Shares
		The Phoenix Holdings Ltd.
Name of holder in English		The Phoenix Holdings Ltd.
Type of identification number: Number at the Registrar of Companies in Israel
ID number: 520017450
Holder type: The reporting corporation
Citizenship / Country of incorporation or registration: Incorporated in Israel
Country of citizenship / incorporation or registration: ___
The securities registration number on the Stock Exchange: The Phoenix (767012) 767012
Name of Share: The Phoenix
The essence of the change: An increase due to purchases in the Stock Exchange
Date of transaction: 30/05/2024
Transaction rate in NIS: 35.45
Nominal value of total securities in NIS: 1
The total amount of the consideration calculated in NIS 14,180,000
The reference number of the Shelf Offering Report _, which was reported on _
The number of treasury shares held by the holder prior to the change was: 8,156,837
Number of shares subject to change: +400,000
The number of treasury shares held by the holder after the change is: 8,556,837
The rate of share capital issued in the corporation, held after the change by the holder of the dormant shares is: 3.28%

Have the shares been purchased in accordance with an acquisition plan approved by the Company: Yes Cumulative implementation rate of the plan after the change: 76% Date of reporting the acquisition plan: 31/01/2024

The Corporation's Inventory Treasury Shares

1 Name of Share: Phoenix 1 NIS Securities registration number: 767012 Number of shares in registered capital: 300,000,000 Number of shares in issued and paid-up capital: 260,927,364 Number of treasury shares under Section 308 or for the purpose of an ATM plan: 8,556,837 Number of shares without rights under Section 333 (a): 0 Number of shares without rights under Section 340: 0 Number of shares without rights under Section 181: 0 Total of non-voting's right and non-capital shares' right: 8,556,837 % of shares without rights from issued and paid-up capital: 3.28 Number of treasury shares under Section 309(b) ("Subsidiary Treasury Shares"): 31 (Excluding shares held by a subsidiary under Section 369 which were acquired before February 2000 and have full voting and capital rights) Number of shares without voting rights under Section 333(b): 0

% of shares without voting rights but with capital rights out of the total capital issued from this paper: 0.0

Number of shares for voting rights' calculation: 252,370,496

Number of shares for capital rights' calculation: 252,370,527