The Phoenix Holdings Ltd.

Legal Proceedings Report • Feb 27, 2022

Re: The Phoenix Insurance Company Ltd. - Immediate ReportThe Company is pleased to announce that on 23 February, 2022, a judgement was rendered by the Tel Aviv-Yafo District Court approving an agreed motion for the plaintiffs' withdrawal from a motion to certify a claim as a class action that was filed against a subsidiary of the company, The Phoenix Insurance Company Ltd. (hereinafter: "The Phoenix Insurance"), in relation to the claim that The Phoenix Insurance refused to fund the cost of a surgical procedure, and that it, allegedly, refrained from proper disclosure of the insurance coverage and its exceptions in some of the Health insurance policies that were marketed after 1.10.2001 (for details, see the Immediate Report dated 13 July, 2021 (reference no. 2021-01-052318) and, as stated in Note 7A(60) to the Company's financial statements as of 30 September, 2021 that were published on 30 November, 2021 (reference no. 2021-01-173703)).This brings the proceeding to an end. false

������ ������ ��"�	1 818
THE PHOENIX HOLDINGS LTD
Corporation no: 520017450	10820
- - -

	Israel Securities Authority			Tel Aviv Stock Exchange		�150 ( Public )		Reported via MAGNA:	27/02/2022
	www.isa.gov.il			www.tase.co.il				Reference:	2022-01-019662	Time of broadcast: 15:17 15:17

---

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: The Phoenix Insurance Company Ltd. - Immediate Report The Company is pleased to announce that on 23 February, 2022, a judgement was rendered by the Tel Aviv-Yafo District Court approving an agreed motion for the plaintiffs' withdrawal from a motion to certify a claim as a class action that was filed against a subsidiary of the company, The Phoenix Insurance Company Ltd. (hereinafter: "The Phoenix Insurance"), in relation to the claim that The Phoenix Insurance refused to fund the cost of a surgical procedure, and that it, allegedly, refrained from proper disclosure of the insurance coverage and its exceptions in some of the Health insurance policies that were marketed after 1.10.2001 (for details, see the Immediate Report dated 13 July, 2021 (reference no. 2021-01-052318) and, as stated in Note 7A(60) to the Company's financial statements as of 30 September, 2021 that were published on 30 November, 2021 (reference no. 2021-01-173703)). This brings the proceeding to an end.

trabslation_272_isa.pdf

	Reference to parallel Hebrew report:	2022-01-019044
	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 attached report is a convenience translation only and the parallel Hebrew immediate report which was published on the 7 February 2022 is the binding report.
References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
- - -
Stock Exchange/Market: ������	Date of revision of form structure: 22/02/2022
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