The Phoenix Holdings Ltd.

Re: A Claim and a Motion to Certify the Claim as a Class Action Against The Phoenix Pension and Provident Ltd.(subsidiary) - Immediate Report Notice is hereby given that a Claim has been filed against a subsidiary of the Company, The Phoenix Pension and Provident Ltd. ("Phoenix Pension & Provident"), along with a request for approval as a class action, in the Tel Aviv-Jaffa Regional Labor Court ("the Claim").The subject of the Claim is that Phoenix Pension & Provident acted in violation of the law and in violation of the agreement when it transferred the study fund members who joined the general investments track to a short-term investment track and this without obtaining their express written consent to this change.The estimated damage to the members of the group, as estimated by the plaintiff, amounts to approximately NIS 182 million.At this stage, Phoenix Pension & Provident is studying the details of the Claim, and therefore the chances of its approval as a class action cannot be assessed, and if it is approved, the chances of its success cannot be assessed. false


�� "�	1 818
THE PHOENIX HOLDINGS LTD
Corporation no: 520017450	10820
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	Israel Securities Authority			Tel Aviv Stock Exchange		�150 ( Public )		Reported via MAGNA:	21/02/2024
	www.isa.gov.il			www.tase.co.il				Reference:	2024-01-015715	Time of broadcast: 14:11 14:11

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 Claim and a Motion to Certify the Claim as a Class Action Against The Phoenix Pension and Provident Ltd.(subsidiary) - Immediate Report Notice is hereby given that a Claim has been filed against a subsidiary of the Company, The Phoenix Pension and Provident Ltd. ("Phoenix Pension & Provident"), along with a request for approval as a class action, in the Tel Aviv-Jaffa Regional Labor Court ("the Claim"). The subject of the Claim is that Phoenix Pension & Provident acted in violation of the law and in violation of the agreement when it transferred the study fund members who joined the general investments track to a short-term investment track and this without obtaining their express written consent to this change. The estimated damage to the members of the group, as estimated by the plaintiff, amounts to approximately NIS 182 million. At this stage, Phoenix Pension & Provident is studying the details of the Claim, and therefore the chances of its approval as a class action cannot be assessed, and if it is approved, the chances of its success cannot be assessed.

Attached hereto is a report on

Re: A Claim and a Motion to Certify the Claim as a Class Action Against The Phoenix Pension and Provident Ltd.(subsidiary) - Immediate Report Notice is hereby given that a Claim has been filed against a subsidiary of the Company, The Phoenix Pension and Provident Ltd. ("Phoenix Pension & Provident"), along with a request for approval as a class action, in the Tel Aviv-Jaffa Regional Labor Court ("the Claim"). The subject of the Claim is that Phoenix Pension & Provident acted in violation of the law and in violation of the agreement when it transferred the study fund members who joined the general investments track to a short-term investment track and this without obtaining their express written consent to this change. The estimated damage to the members of the group, as estimated by the plaintiff, amounts to approximately NIS 182 million. At this stage, Phoenix Pension & Provident is studying the details of the Claim, and therefore the chances of its approval as a class action cannot be assessed, and if it is approved, the chances of its success cannot be assessed.

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	Reference to parallel Hebrew report:	2024-01-016938
	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	Meni Neeman	Other Chief Legal Officer

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 February 18, 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: [email protected]

Previous names of reporting entity: �� "�

Name of the Signatory: �� Position of Signatory in the reporting corporation: Name of Employer Company:
Address: �� 53 , �� 53454 Telephone: 03-7332997 Facsimile: 03-7238831 E-mail: [email protected] 1

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