The Phoenix Holdings Ltd.

Regulatory Filings • Jun 14, 2022

Re: The Phoenix Capital Raising (2009) Ltd.- issuance of a new bond series and/or additional bonds by expanding an existing bond seriesThe Company is hereby announcing that a second-tier subsidiary of the Company, The Phoenix Capital Raising (2009) Ltd.(Hereinafter: "The Phoenix Capital Raising") which engages in raising sources of funding for The Phoenix Insurance Company Ltd. (a subsidiary of the Company), has published an immediate report of approval in principle to raise debt by issuing a new series and/or additional bonds by expanding an existing series.It shall be emphasized that as of the date of this Immediate Report, the date of public offering, scope and terms of the new bonds which will be offered to the public by The Phoenix Capital Raising (insofar as they are offered) have not yet been finally determined, and nothing in this Immediate Report shall impose any liability on the part of The Phoenix Capital Raising to act to offer the said new bonds.It shall also be clarified that the publication of the shelf offering report by The Phoenix Capital Raising is subject to all approvals required by law, including the approval of The Phoenix Capital Raising BOD to raise capital (including in connection with the terms and structure of the public offering and including in connection with the publication of the shelf offering report), approval of the TASE for listing the new bonds for trading as well as an approval of a rating of the new bonds and the publishing of a shelf offering report. Accordingly, there is no certainty that the public offering will be carried out 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:	14/06/2022
	www.isa.gov.il			www.tase.co.il				Reference:	2022-01-060486	Time of broadcast: 17:06 17:06

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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: The Phoenix Capital Raising (2009) Ltd.- issuance of a new bond series and/or additional bonds by expanding an existing bond series The Company is hereby announcing that a second-tier subsidiary of the Company, The Phoenix Capital Raising (2009) Ltd.(Hereinafter: "The Phoenix Capital Raising") which engages in raising sources of funding for The Phoenix Insurance Company Ltd. (a subsidiary of the Company), has published an immediate report of approval in principle to raise debt by issuing a new series and/or additional bonds by expanding an existing series. It shall be emphasized that as of the date of this Immediate Report, the date of public offering, scope and terms of the new bonds which will be offered to the public by The Phoenix Capital Raising (insofar as they are offered) have not yet been finally determined, and nothing in this Immediate Report shall impose any liability on the part of The Phoenix Capital Raising to act to offer the said new bonds. It shall also be clarified that the publication of the shelf offering report by The Phoenix Capital Raising is subject to all approvals required by law, including the approval of The Phoenix Capital Raising BOD to raise capital (including in connection with the terms and structure of the public offering and including in connection with the publication of the shelf offering report), approval of the TASE for listing the new bonds for trading as well as an approval of a rating of the new bonds and the publishing of a shelf offering report. Accordingly, there is no certainty that the public offering will be carried out

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	Reference to parallel Hebrew report:	2022-01-073339
	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 & Company 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 above 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: 07/06/2022
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 , ������� 53454 Telephone: 03-7332997 Facsimile: 03-7238831 E-mail: menin@fnx.co.il 1