Chat with Filing

Ask questions about this document
Please log in or register to use the chat feature. Please register first.
DIV - Dividend of 406.13934 agorot per share, record date 28.8.25, payment on 7.9.25

Company: IDI Insurance Company Ltd. Date: 2025-08-21 Language: English Register to download
Loading document preview...
Document Preview Not Available

The file type (.pdf) cannot be displayed directly here.
Open Original File
Error loading document preview. Please try the 'Open Original File' link.
You're One Click Away From The Full Filing

Instantly access this document—and 2.8M more—for free. Select your preferred method:
Continue with Google Continue with Microsoft Continue with Facebook Continue with Amazon
# I.D.I. INSURANCE COMPANY LTD

#### I.D.I. INSURANCE COMPANY LTD

Registration Number: 513910703

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T081 (Public) Transmitted via MAGNA: 21/08/2025 Reference: 2025-01-062388

## Immediate Report on Cash Dividend Distribution for Securities

Regulation 37(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

- 1. We hereby report that on the date 20/08/2025, it was decided to pay a dividend.
- 2. The record date (ex-date): 28/08/2025

Payment date: 07/09/2025

- 3. Payment details:
- Dividend distributed from an Israeli resident company (for the composition of the dividend sources and tax rates, see section 7a)
- Dividend distributed by a Real Estate Investment Trust (for the composition of the dividend sources and tax rates, see section 7c)

| Eligible<br>Security<br>Number | Security<br>Name                      | Dividend<br>Amount<br>per<br>Security | Dividend<br>Amount<br>Currency | Payment<br>Currency | Representative<br>Rate for<br>Payment Date | Individual<br>Tax % | Corporate<br>Tax % |
|--------------------------------|---------------------------------------|---------------------------------------|--------------------------------|---------------------|--------------------------------------------|---------------------|--------------------|
| 1129501                        | I.D.I.<br>INSURANCE<br>COMPANY<br>LTD | 4.0613934                             | NIS                            | NIS                 | _________                                  | 25                  | 0                  |

Dividend distributed from a foreign resident company (tax rates see section 7b)

#### Section 2 (Foreign Resident Company Dividend Table)

| Security<br>Number | Security<br>Name | Gross<br>Amount<br>per<br>Security | Amount<br>Currency | Tax<br>Abroad<br>% | Tax by<br>Treaty<br>% | Individual<br>Tax<br>Balance<br>in Israel<br>% | Corporate<br>Tax<br>Balance<br>in Israel<br>% |
|--------------------|------------------|------------------------------------|--------------------|--------------------|-----------------------|------------------------------------------------|-----------------------------------------------|
| _________          | _________        | _________                          | _________          | _________          | _________             | _________                                      | _________                                     |

| Amount<br>to<br>Pay<br>in<br>Israel<br>per<br>Security | Payment<br>Currency | Representative<br>Rate<br>for<br>Payment<br>Date | Actual<br>Individual<br>Tax<br>Rate<br>in<br>Israel<br>% | Actual<br>Corporate<br>Tax<br>Rate<br>in<br>Israel<br>% |
|--------------------------------------------------------|---------------------|--------------------------------------------------|----------------------------------------------------------|---------------------------------------------------------|
| _________                                              | _________           | _________                                        | _________                                                | _________                                               |

Note: The dividend amount to be paid must be specified to a precision of up to 7 digits after the decimal point when the dividend amount currency is NIS, and up to 5 digits after the decimal point if the dividend amount currency is another currency.

- 4. The total amount of the dividend to be paid is: 60,000,000 NIS \_\_\_\_\_\_\_\_\_.
- 5. The remaining profits of the corporation as defined in section 302 of the Companies Law, 1999, after the distribution subject to this report, are: 768,013,000 NIS \_\_\_\_\_\_\_\_\_.
- 6. Dividend distribution approval process:

Dividend distribution was approved by the company's board of directors, see section 10 below.

The above distribution is not subject to court approval according to section 303 of the Companies Law: No

The final dividend amount per share is subject to changes due to \_\_\_\_\_\_\_\_\_.

Note: The final dividend amount per share can be updated up to 2 trading days before the record date.

7. The withholding tax rates detailed below are for the purpose of withholding tax by the stock exchange members.

## 7a. Composition of the sources of the dividend distributed from an Israeli resident company from shares and financial instruments, excluding REIT funds.

|                                                                                                         | %<br>of<br>Dividend | Individuals | Companies | Foreign<br>Residents |
|---------------------------------------------------------------------------------------------------------|---------------------|-------------|-----------|----------------------|
| Income<br>subject<br>to<br>corporate<br>tax<br>(1)                                                      | 100                 | 25%         | 0%        | 25%                  |
| Income<br>originating<br>abroad<br>(2)                                                                  | 0                   | 25%         | 23%       | 25%                  |
| Income<br>from<br>approved/preferred<br>enterprise<br>(3)                                               | 0                   | 15%         | 15%       | 15%                  |
| Income<br>from<br>Irish<br>privileged<br>enterprise<br>until<br>2013<br>(4)                             | 0                   | 15%         | 15%       | 4%                   |
| Income<br>from<br>Irish<br>privileged<br>enterprise<br>from<br>2014<br>(5)                              | 0                   | 20%         | 20%       | 4%                   |
| Preferred<br>income                                                                                     | 0                   | 20%         | 0%        | 20%                  |
| Income<br>from<br>approved<br>tourism/agricultural<br>enterprise<br>(6)                                 | 0                   | 20%         | 20%       | 20%                  |
| Income<br>from<br>approved/preferred<br>enterprise<br>that<br>submitted<br>a<br>waiver<br>notice<br>(7) | 0                   | 15%         | 0%        | 15%                  |
| classified<br>Distribution<br>as<br>capital<br>gain                                                     | 0                   | 25%         | 23%       | 0%                   |
| Distribution<br>by<br>Participating<br>unit                                                             | 0                   | 0           | 0         | 0                    |
| Other                                                                                                   | 0                   | 0           | 0         | 0                    |

Explanation:

(1) Income subject to corporate tax - income from profit distribution or dividend originating from income produced or accrued in Israel, received directly or indirectly from another entity subject to corporate tax.

(2) Income originating abroad is income produced or accrued abroad and not taxed in Israel.

(3) Including income from a preferred tourism enterprise with a selection/operation year up to 2013.

(4) Irish privileged enterprise with a selection year up to 2013.

(5) Irish privileged enterprise with a selection year from 2014 onwards.

(6) Including income from a preferred tourism enterprise with a selection/operation year from 2014 onwards.

(7) Approved or preferred enterprise that submitted a waiver notice by 30.6.2015, after corporate tax was deducted.

## 7b. Dividend distributed from a foreign resident company

|                                                         | Individuals | Companies | Foreign<br>Residents |
|---------------------------------------------------------|-------------|-----------|----------------------|
| Dividend<br>from<br>a<br>foreign<br>resident<br>company | 25%         | 23%       | 0%                   |

## 7c. Dividend distributed by a Real Estate Investment Trust

|                                                                                     | %<br>of<br>Dividend | Individuals<br>(1) | Companies | Foreign<br>Resident<br>Companies | Exempt<br>Trust<br>Fund | Pension<br>Fund<br>(2) |
|-------------------------------------------------------------------------------------|---------------------|--------------------|-----------|----------------------------------|-------------------------|------------------------|
| From real<br>estate<br>appreciation,<br>capital gain,<br>and<br>depreciation<br>(3) | _________           | 25%                | 23%       | 23%                              | 0%                      | 0%                     |
| Other<br>taxable<br>income (e.g.,<br>rent)                                          | _________           | 47%                | 23%       | 23%                              | 23%                     | 0%                     |
| From income<br>producing<br>real estate<br>for rental<br>housing                    | _________           | 20%                | 20%       | 20%                              | 0%                      | 0%                     |
| Income taxed<br>by the fund<br>(4)                                                  | _________           | 25%                | 0%        | 25%                              | 0%                      | 0%                     |
| Extraordinary<br>income                                                             | _________           | 70%                | 70%       | 70%                              | 60%                     | 70%                    |
| Other                                                                               | _________           | _________          | _________ | _________                        | _________               | _________              |
| Weighted<br>withholding<br>tax %                                                    | 100%                | _________          | _________ | _________                        | _________               | _________              |

(1) Individuals - including taxable trust fund income, foreign resident individuals.

(2) Pension fund for pension, provident, or compensation as defined in the Income Tax Ordinance, as well as a foreign pension fund or trust fund resident in a reciprocating country.

(3) From real estate appreciation or capital gain, except from the sale of real estate held for a short period, and from income in the amount of depreciation expenses.

(4) Distribution from income taxed by the fund according to section 64A4(e).

- 8. Number of the corporation's dormant securities not entitled to dividend payment and for which a waiver letter must be provided to receive the dividend payment: \_\_\_\_\_\_\_\_\_
- 9. Effect of the dividend distribution on convertible securities:
- The company has no convertible securities
- The dividend distribution has no effect on convertible securities
- The effect of the dividend distribution on convertible securities is as follows:

| Security<br>Name     | Security<br>Number | Remarks                                                                                                                                                                    |
|----------------------|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Unlisted<br>warrants | 1172816            | Other.<br>The<br>exercise<br>price<br>of<br>the<br>warrant<br>will<br>be<br>reduced<br>by<br>the<br>gross<br>dividend<br>amount<br>per<br>security<br>in<br>new<br>shekels |
| Unlisted<br>warrants | 1216464            | Other.<br>The<br>exercise<br>price<br>of<br>the<br>warrant<br>will<br>be<br>reduced<br>by<br>the<br>gross<br>dividend<br>amount<br>per<br>security<br>in<br>new<br>shekels |

- 10. Recommendations and decisions of the directors regarding the dividend distribution according to Regulation 37(a)(1) of the Securities Regulations (Periodic and Immediate Reports), 1970:
- 11. The board of directors' decision regarding the dividend distribution as stated above was made after the board examined the company's profits (as defined in section 302(b) of the Companies Law, 1999), the company's compliance with the solvency test (as stated in section 302(a) of the Companies Law), and its compliance with the company's economic solvency ratio target of 120%, as determined by the board on 28 October 2020 and as updated from time to time (the "distribution").
- 12. The board examined the company's ability to make the distribution, including a review of the company's financial position as of 30 June 2025, considering the economic solvency ratio target as of 31 December 2024, and the company's updated capital management plan. In its review, the board received: (a) A review from management regarding the company's financial position. An analysis was also conducted on the impact of the distribution on the company's financial position, capital structure, leverage, and liquidity, including, among other things, sensitivity analyses for profit and the implications of the distribution on the company's operations in its current form; and (b) The last audited economic solvency ratio published by the company to the public, as of 31 December 2024, not including the dividend distribution subject to this report, was about 134% (for details, see the company's immediate report dated 27 April 2025 (Reference No.: 2025- 01-029378)) (this information is incorporated by reference).
- 13. The board examined the company's ability to make the distribution from its current sources and assessed that the distribution is not expected to prevent the company from meeting its existing and expected obligations, including the repayment of debentures issued by the subsidiary, I.D.I. Issuances (2010) Ltd., considering the company's equity forecast for the next two years.
- 14. After discussion, the board approved the distribution, based on the following reasons: (1) In the board's opinion, the distribution meets the profit and solvency tests set out in section 302 of the Companies Law; (2) In the board's opinion, the distribution is not expected to prevent the company from meeting its existing and expected liabilities, considering the company's financial position, capital structure, leverage, compliance with financial requirements, imposed restrictions, and liquidity. The board also does not foresee any harm to the company's operations in its current form as a result of the distribution. The information in paragraphs 2 to 4 (inclusive) above includes forwardlooking information as defined in the Securities Law, 1968. The company's assessments in these paragraphs are based on the company's equity forecast for the next two years and its existing and expected obligations. These assessments may not materialize, in whole or in part, or may materialize in a materially different manner than expected, among other things, due to changes in regulatory provisions, market conditions, including

a financial crisis in the markets, and the realization of any of the risks detailed in the company's reports and the company's periodic report for 2024, published on 16 March 2025 (Reference No.: 2025-01-017092) (this information is incorporated by reference).

#### Authorized signatories on behalf of the corporation:

|   | Signatory<br>Name  | Position |
|---|--------------------|----------|
| 1 | Ronit<br>Chayochmo | CFO      |

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must 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](http://#) here.

### Previous reference numbers on the subject (the mention does not constitute incorporation by reference):

The corporation's securities are not listed for trading on the Tel Aviv Stock Exchange

Form structure update date: 15/07/2025

Short name: I.D.I. INSURANCE COMPANY LTD

Address: 35 Af'al St., Petah Tikva 49511 Phone: 03-5654021, Fax: 03-5627257 Email: [pniot@yashir.co.il](http://#) Company website: [www.555.co.il](http://#)

Previous names of the reporting entity:

Electronic signatory name: Gavriel Sivan Position: Controller Employer company name:

Address: 35 Af'al St., Petah Tikva 4951132 Phone: 03-5655994, Fax: 03-5627257 Email: [sivan.gavriel@yashir.co.il](http://#)