The Phoenix Holdings Ltd.

Legal Proceedings Report • Apr 26, 2024

Re: A judgment issued by Tel Aviv-Yafo Regional Labor Court - approval to withdraw from an application for approval of a class action against The Phoenix Insurance Company Ltd. (Subsidiary)Notice is hereby given that on April 21, 2024, the Tel Aviv Regional Labor Court issued a judgment approving a motion to withdraw Plaintiff from an application for approval of a class action, filed against a subsidiary of the Company, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), which concerns the claim that Phoenix Insurance collects from policyholders life insurance that The Phoenix Insurance charges policyholders of insurance policies which combine a life insurance component and a pension saving component (executive insurance) for investment management expenses without such charges being included in the terms and conditions of the policy (See the immediate report dated June 6, 2019 (reference number 2019-01-048981) and annotation 43A1(9) to the Company's financial statements as of December 31, 2023, which were published on March 27, 2024 (reference number 2024-01-026677).Thus, this brings the proceeding 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:	25/04/2024
	www.isa.gov.il			www.tase.co.il				Reference:	2024-01-045555	Time of broadcast: 22:23 22:23

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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: A judgment issued by Tel Aviv-Yafo Regional Labor Court - approval to withdraw from an application for approval of a class action against The Phoenix Insurance Company Ltd. (Subsidiary) Notice is hereby given that on April 21, 2024, the Tel Aviv Regional Labor Court issued a judgment approving a motion to withdraw Plaintiff from an application for approval of a class action, filed against a subsidiary of the Company, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), which concerns the claim that Phoenix Insurance collects from policyholders life insurance that The Phoenix Insurance charges policyholders of insurance policies which combine a life insurance component and a pension saving component (executive insurance) for investment management expenses without such charges being included in the terms and conditions of the policy (See the immediate report dated June 6, 2019 (reference number 2019-01-048981) and annotation 43A1(9) to the Company's financial statements as of December 31, 2023, which were published on March 27, 2024 (reference number 2024-01-026677). Thus, this brings the proceeding to an end.

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	Reference to parallel Hebrew report:	2024-01-045198
	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 April 21, 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: 20/02/2024
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