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IDI Insurance Company Ltd.

Legal Proceedings Report Aug 27, 2025

6846_rns_2025-08-27_5fb2f3d2-54f1-453b-9df9-25402cfeefc9.pdf

Legal Proceedings Report

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This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

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: T053 (Public) Sent via MAGNA: 27/08/2025 Israel Securities Authority website: www.isa.gov.il Tel Aviv Stock Exchange website: www.tase.co.il Reference: 2025-01-064545

Immediate Report on an Event or Matter Deviating from the Ordinary Business of the Corporation

Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970

The results of an issuance must be reported in T20 and not in this form.

A report on the rating of bonds or a corporation rating must be submitted via Form T125.

Report on: [ ] Delayed report

Nature of the Event:

Immediate report

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

    1. Further to what is detailed in Note 12A(18) to the company's financial statements as of June 30, 2025, which were attached to the company's interim report published on August 21, 2025 (Reference No.: 2025-01-062290) (this information is incorporated by reference), regarding a claim and a request for its approval as a class action, filed against the company and against 9 other insurance companies (the "request" and the "respondents", respectively), concerning the fact that due to the "Iron Swords" war, a sharp decrease in risk for insurance companies is expected, which was not taken into account when determining the premium at the time of purchasing the insurance. Therefore, according to the plaintiffs, a partial or full refund of the premium should have been made in policies where, according to them, the risk components decreased significantly. The company announces that on August 27, 2025, the court approved the withdrawal request by agreement from the request with respect to the company only, without any costs being awarded.
    1. The date and time the corporation first became aware of the event or matter: 27/08/2025 at 14:30.
    1. If the report was delayed the reason for the delay:
    1. On the date _________ at _________ the impediment to report was removed.
    1. The company is a shell company as defined in the stock exchange regulations.

Details of the authorized signatories on behalf of the corporation:

No. Name
of
Signatory
Position
1 Tal
Friel-Man
Other:
Deputy
CEO,
Legal
Advisor,
and
Company
Secretary

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 here.

This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.

Reference numbers of previous documents 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: 06/08/2024

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

Address: 35 Afek St., Petah Tikva 49511 Phone: 03-5654021, Fax: 03-5627257 Email: [email protected] Company website: www.555.co.il

Previous names of the reporting entity:

Electronic reporter name: Ehud (Udi) Efron Position: External Legal Advisor Employer company name: M. Firon & Co., Advocates Address: 2 HaShlosha St., Tel Aviv-Yafo 6706054 Phone: 03-7540000, Fax: 03-7540011 Email: [email protected]

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