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Israel Discount Bank Ltd.

Major Shareholding Notification Aug 11, 2025

6748_rns_2025-08-11_05a14af1-e929-4c2b-b51e-2378ae6ffbf2.pdf

Major Shareholding Notification

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ISRAEL DISCOUNT BANK LTD

ISRAEL DISCOUNT BANK LTD

Registration Number: 520007030

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T078 (Public) Transmitted via MAGNA: 11/08/2025 Israel Securities Authority Email: www.isa.gov.il Tel Aviv Stock Exchange Email: www.tase.co.il Reference: 2025-01-059241

Immediate Report on a Person Becoming an Interested Party in the Corporation

Regulation 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 1970

1. Holder Details:

First Name: _________ First Name in English as appears in passport: _________ Last Name/Corporation Name: ALTSHULER SHAHAM YANSHUF GIDUR LTD (General Partner) Last Name/Corporation Name in English: ALTSHULER SHAHAM YANSHUF GIDUR LTD Type of Identification Number: Number in the Israeli Companies Registrar The holder is a corporation Identification Number: 514060904 Citizenship/ Country of Incorporation or Registration: Incorporated in Israel Country of Citizenship/ Incorporation or Registration: _________ Address: 19A HaBarzel St., Tel Aviv 6971026 Is the holder acting as a representative for the purpose of reporting several shareholders holding together securities of the corporation: No Name of the controlling shareholder in the interested party: See section 5 below Identification number of the controlling shareholder in the interested party: See section 5

2. Details of the Action as a Result of Which the Holder Became an Interested Party in the Corporation:

a. Nature of the action: Not involving a transaction in securities

ALTSHULER SHAHAM YANSHUF GIDUR LTD (General Partner) became an interested party in the bank as a result of an increase in the holdings of ALTSHULER SHAHAM LTD. For more details, see the immediate report dated August 11, 2025, published concurrently with this report.

b. Name and type of security subject to the action: _________ c. Security number on the stock exchange: _________ d. Date of action: 07/08/2025 e. Quantity of securities subject to the action: 0 f. Price at which the action was performed: 0 agorot _________ g. Are they dormant shares or securities convertible into dormant shares: No h. Was the entire consideration paid at the time of the change: Yes If not all the consideration was paid at the time of the change, please specify the date of completion of the payment: _________

3. a. Holdings of the Interested Party after the Action:

Name,
Type,
and
Series of
Security
Security
Number
on
Exchange
Quantity
of
Securities
Dormant* Holding
Percentage
%
Equity
%
Voting
Holding
Percentage
(Full
Dilution)
%
Equity
%
Voting
ISRAEL
DISCOUNT
BANK LTD.
A
Ordinary
Share
691212 31,000 No 0 0 0 0 0

b. The holder is not a member of an institutional reporting group. The holder is not a member of an institutional reporting group, but serves as a senior officer who is not a CEO or director and is not an interested party by virtue of his holdings. The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Assets Permitted to be Purchased and Held by a Fund and Their Maximum Rates), 1994. The hedge fund has the right to appoint a director or representative on the company's board of directors _________ The holder is a member of an institutional reporting group.

Below is a breakdown of its holdings:

Holder Name,
Type,
and
Series
of
Security
Security
Number
on
Exchange
Quantity
of
Securities
Dormant
___ ___ ___ ___ ___

Explanations:

    1. If the interested party holds more than one type of security, the holding percentages should be indicated considering all securities held by him only in one row.
    1. It is also necessary to report holdings of other securities, including those not listed for trading.
    1. If the interested party is a subsidiary, the holdings should be split between shares acquired before the entry into force of the Companies Law, 1999, and those acquired after its entry into force.
    1. When the holder is not a member of an institutional reporting group, only section 3a should be completed. When the holder is a member of an institutional reporting group, sections 3a and 3b should be completed.
    1. If the interested party is a corporation wholly owned (100%) by a single controlling shareholder, the name of the sole controlling shareholder should be indicated in the "Holder Name" field, and the details of the corporation(s) through which the shares are held, along with any other relevant details, should be provided in the notes at the bottom of the form. Conversely, if the interested party is a corporation held by more than one controlling shareholder or by several interested parties, the name of the holding corporation should be indicated in the "Holder Name" field, and the details of the controlling shareholders or interested parties holding the holding corporation should be provided in the notes at the bottom of the form.
    1. Reporting regarding a person with a significant means of control in a banking corporation without a control core should be reported in report T121.
  • Please indicate whether these are dormant shares or securities convertible into dormant shares.

4.

The interested party does not hold shares or other securities in a held company, if its activity is material to the activity of the reporting corporation. The interested party holds shares or other securities in a held company, if its activity is material to the activity of the reporting corporation, as detailed below:

# Name
of
the
held
company
if
its
activity
is
material
to
the
reporting
corporation
Type
of
Identification
Number
Identification
Number
Country
of
Incorporation
or
Registration
Country Nature
of
the
relationship
to
the
reporting
corporation
Type
of
Security
Security
Number
Quantity
of
Securities
Holding
Percentage
of the
same
type
of
securities
(%)
Holding
Percentage
in
Equity
(%)
Holding
Percentage
in
Voting
Rights
(%)
1 ___ ___ ___ ___ _ _ _ _ ___ ___ ___ ___

5. Additional Details:

Controlling shareholders in ALTSHULER SHAHAM YANSHUF GIDUR LTD (General Partner): Gilad Altshuler holds 43.66% (through 100% ownership of Gilad Altshuler Holdings Ltd., which holds 43.66% of ALTSHULER SHAHAM Partnership Management Ltd., which holds 100% of ALTSHULER SHAHAM YANSHUF GIDUR LTD (General Partner)). Kalman Shaham holds 43.66% (through 100% ownership of the management shares of Kalman Shaham Holdings Ltd., which holds 43.66% of ALTSHULER SHAHAM Partnership Management Ltd., which holds 100% of ALTSHULER SHAHAM YANSHUF GIDUR LTD (General Partner)). Mr. Gilad Altshuler and Mr. Kalman Shaham are the controlling shareholders in ALTSHULER SHAHAM LTD.

6. Date and Time the Corporation First Became Aware of the Event or Matter

10/08/2025 at 16:53

Details of the authorized signatories on behalf of the corporation:

# Name
of
Signatory
Position
1 Adv.
Michal
Sokolov-Danokh
Other:
Bank
Secretary

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations shall be signed by those authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the Authority's website: Click here.

Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange

Short Name: ISRAEL DISCOUNT BANK LTD.

Address: ISRAEL DISCOUNT BANK LTD. 1, Rishon LeZion 7574602 Phone: 03-9439111, Fax: 03-5171674 Email: [email protected]

Previous names of the reporting entity:

Electronic reporter name: Sokolov-Danokh Michal Position: Bank Secretary Employer company name:

Address: ISRAEL DISCOUNT BANK LTD. 1, Rishon LeZion 7574602 Phone: 076-8054499, Fax: 03-5171674 Email: [email protected]

End of document

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