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The Phoenix Holdings Ltd.

Capital/Financing Update Jul 31, 2025

6983_rns_2025-07-30_50566b38-b79a-4079-aa3c-d1ab8c70dccb.htm

Capital/Financing Update

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Re: Public Issuance Results - The Phoenix Capital Raising (2009) Ltd.Following the Company's Immediate Report dated July 28, 2025 (Reference No.: 2025-01-056908) (This information constitutes an inclusion by way of reference), the Company announce that a second-tier subsidiary of the Company, The Phoenix Capital Raising (2009) Ltd. ("Phoenix Capital Raising") raised a total of NIS 600 million as part of a public offering by expansion of two series of bonds (series 16) and (series 17) ("Bonds").The terms of the Bonds are as detailed in the Shelf Offering Report, which was published by The Phoenix Capital Raising on July 28, 2025 ("Shelf Offering Report").In accordance with the conditions detailed in the Shelf Offering Report, the raised amount has been deposited within The Phoenix Insurance Company Ltd., a subsidiary of the Company ("Phoenix Insurance"), for improving capital structure, benefit of ongoing operations and in accordance with the decisions of Phoenix Insurance board of directors as they may be from time to time, all in accordance with Phoenix Insurance strategy.The Bonds were recognized by the Commissioner of the Capital Market, Insurance and Savings Authority as a Tier 2 capital instrument for Phoenix Insurance. false

������ ������� ��"� 1 818
PHOENIX FINANCIAL LTD
Corporation no: 520017450 14969
- - -
Israel Securities Authority Tel Aviv Stock Exchange �150 ( Public ) Reported via MAGNA: 30/07/2025
www.isa.gov.il www.tase.co.il Reference: 2025-01-056915 Time of broadcast: 23:25 23:25

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: Public Issuance Results - The Phoenix Capital Raising (2009) Ltd. Following the Company's Immediate Report dated July 28, 2025 (Reference No.: 2025-01-056908) (This information constitutes an inclusion by way of reference), the Company announce that a second-tier subsidiary of the Company, The Phoenix Capital Raising (2009) Ltd. ("Phoenix Capital Raising") raised a total of NIS 600 million as part of a public offering by expansion of two series of bonds (series 16) and (series 17) ("Bonds"). The terms of the Bonds are as detailed in the Shelf Offering Report, which was published by The Phoenix Capital Raising on July 28, 2025 ("Shelf Offering Report"). In accordance with the conditions detailed in the Shelf Offering Report, the raised amount has been deposited within The Phoenix Insurance Company Ltd., a subsidiary of the Company ("Phoenix Insurance"), for improving capital structure, benefit of ongoing operations and in accordance with the decisions of Phoenix Insurance board of directors as they may be from time to time, all in accordance with Phoenix Insurance strategy. The Bonds were recognized by the Commissioner of the Capital Market, Insurance and Savings Authority as a Tier 2 capital instrument for Phoenix Insurance.

_________

Reference to parallel Hebrew report: 2025-01-056908
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 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: 06/08/2024
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 , ������� 5345433 Telephone: 074-7315656 Facsimile: 03-7238855 E-mail: [email protected] 1

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