The Phoenix Holdings Ltd.

Legal Proceedings Report • Oct 8, 2021

Withdrawal from a motion to certify a claim as a class action against The Phoenix Insurance Company LtdThe Company is hereby announcing that The Tel Aviv-Yafo District Court rendered on the 5th of October 2021 a judgment which approves an agreed motion for the plaintiff's withdrawal from the motion to certify the claim as a class action, which was filed against a subsidiary of the Company, The Phoenix Insurance Company Ltd. (hereinafter "The Phoenix Insurance"), and which concerns with the argument that The Phoenix Insurance's payment of insurance coverage in a travel policy abroad in case of cancellation of a flight, is conditional on various onerous conditions (See details in the Immediate Report dated November 30th, 2020 (Reference No. 2020-01-129648) and in Note 7A(56) to the Company's financial statements as of June 30th, 2021 which were published on August 25th, 2021 (Reference No. 2021-01-070180)).This brings the proceeding to an end. false

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THE PHOENIX HOLDINGS LTD
Corporation no: 520017450	10820
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	Israel Securities Authority			Tel Aviv Stock Exchange		�150 ( Public )		Reported via MAGNA:	07/10/2021
	www.isa.gov.il			www.tase.co.il				Reference:	2021-01-153717	Time of broadcast: 23:20 23:20

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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:   _________   _________   _________

The original Hebrew report was published on the 6 of October 2021.

Attached hereto is a report on

Withdrawal from a motion to certify a claim as a class action against The Phoenix Insurance Company Ltd The Company is hereby announcing that The Tel Aviv-Yafo District Court rendered on the 5th of October 2021 a judgment which approves an agreed motion for the plaintiff's withdrawal from the motion to certify the claim as a class action, which was filed against a subsidiary of the Company, The Phoenix Insurance Company Ltd. (hereinafter "The Phoenix Insurance"), and which concerns with the argument that The Phoenix Insurance's payment of insurance coverage in a travel policy abroad in case of cancellation of a flight, is conditional on various onerous conditions (See details in the Immediate Report dated November 30th, 2020 (Reference No. 2020-01-129648) and in Note 7A(56) to the Company's financial statements as of June 30th, 2021 which were published on August 25th, 2021 (Reference No. 2021-01-070180)). This brings the proceeding to an end.

translation_510_isa.pdf

	Reference to parallel Hebrew report:	2021-01-083956
	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 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: 10/08/2021
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