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Bank Hapoalim B.M.

Major Shareholding Notification Sep 7, 2025

6991_rns_2025-09-07_d94a1ba1-b884-4e3b-87f4-0dd22b3ce51d.pdf

Major Shareholding Notification

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BANK HAPOALIM B.M.

BANK HAPOALIM LTD

Registration Number: 520000118

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T076 (Public) Transmitted via MAGNA: 07/09/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01- 067282

Immediate Report on Changes in Holdings of Interested Parties and Senior Officers

Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: This form is intended for reporting changes in holdings of securities of the reporting corporation only. For reporting changes in holdings of securities of a subsidiary of the reporting corporation, if its activity is material to the activity of the reporting corporation, use Form T121.

1

Name of corporation/last name and first name of the holder: Harel Insurance Investment & Financial Services Ltd

Type of identification number: Number in the Israeli Companies Registrar

Holder's identification number: 520033986

Type of holder: Nostro account

Does the hedge fund have the right to appoint a director or representative to the company's board?

Is the holder acting as a representative for reporting purposes for several shareholders holding securities of the corporation together with him? Yes

Name of controlling shareholder in the interested party: See Note 1

Identification number of controlling shareholder in the interested party: See Note 1

Citizenship / Country of incorporation or registration: Incorporated in Israel

Country of citizenship / incorporation or registration:

Security number on the stock exchange: 1227446

Name and type of security: BANK HAPOALIM B.M. Deferred Subordinated Notes Series 15

Nature of change: Increase Due to issuance according to prospectus

Other:

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of change: 21/08/2025

Transaction rate: 99.00 Currency: agorot

Are these dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 0.00 Holding percentage of total securities of the same type in the last report: % 0.00

Change in quantity of securities: +1,500,000

Current balance (in quantity of securities): 1,500,000 Current holding percentage of total securities of the same type: % 0.16

Holding percentage after the change: In capital: % 0.34 In voting rights: % 0.34

Explanation: The holding percentage after the change does not refer to convertible securities.

Holding percentage after the change on a fully diluted basis: In capital: % 0.34 In voting rights: % 0.34

Note number:

2

Name of corporation/last name and first name of the holder: Harel Insurance Investment & Financial Services Ltd

Type of identification number: Number in the Israeli Companies Registrar

Holder's identification number: 520033986

Type of holder: Companies managing mutual investment funds in trust

Does the hedge fund have the right to appoint a director or representative to the company's board?

Is the holder acting as a representative for reporting purposes for several shareholders holding securities of the corporation together with him? Yes

Name of controlling shareholder in the interested party: See Note 1

Identification number of controlling shareholder in the interested party: See Note 1

Citizenship / Country of incorporation or registration: Incorporated in Israel

Country of citizenship / incorporation or registration:

Security number on the stock exchange: 1227446

Name and type of security: BANK HAPOALIM B.M. Deferred Subordinated Notes Series 15

Nature of change: Increase Due to purchase on the stock exchange

Other:

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Multiple transactions

Date of change: 21/08/2025

Transaction rate: 100 Currency: agorot

Are these dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 0.00 Holding percentage of total securities of the same type in the last report: % 0.00

Change in quantity of securities: +1,823,000

Current balance (in quantity of securities): 1,823,000 Current holding percentage of total securities of the same type: % 0.19

Holding percentage after the change: In capital: % 1.64 In voting rights: % 1.67

Explanation: The holding percentage after the change does not refer to convertible securities.

Holding percentage after the change on a fully diluted basis: In capital: % 1.64 In voting rights: % 1.66

Note number:

3

Name of corporation/last name and first name of the holder: Harel Insurance Investment & Financial Services Ltd

Type of identification number: Number in the Israeli Companies Registrar

Holder's identification number: 520033986

Type of holder: Provident funds and companies managing provident funds

Does the hedge fund have the right to appoint a director or representative to the company's board?

Is the holder acting as a representative for reporting purposes for several shareholders holding securities of the corporation together with him? Yes

Name of controlling shareholder in the interested party: See Note 1

Identification number of controlling shareholder in the interested party: See Note 1

Citizenship / Country of incorporation or registration: Incorporated in Israel

Country of citizenship / incorporation or registration:

Security number on the stock exchange: 1227446

Name and type of security: BANK HAPOALIM B.M. Deferred Subordinated Notes Series 15

Nature of change: Increase Due to issuance according to prospectus

Other:

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third part of the stock exchange regulations, will be classified as an offexchange transaction, with disclosure in the free text field that the transaction was carried out in this way.

Is this a change in a single transaction or multiple transactions (cumulative change): Single transaction

Date of change: 21/08/2025

Transaction rate: 99 Currency: agorot

Are these dormant shares or securities convertible into dormant shares: No

Balance (in quantity of securities) in the last report: 0.00 Holding percentage of total securities of the same type in the last report: % 0.00

Change in quantity of securities: +150,000,000

Current balance (in quantity of securities): 150,000,000 Current holding percentage of total securities of the same type: % 15.82

Holding percentage after the change: In capital: % 4.38 In voting rights: % 4.45

Explanation: The holding percentage after the change does not refer to convertible securities.

Holding percentage after the change on a fully diluted basis: In capital: % 4.36 In voting rights: % 4.43

Note number:

Note: If the value "increase due to forced purchase of loaned securities" or the value "decrease due to forced sale of loaned securities" is selected, then loaned securities that were not returned to the lender and thus the lending action became a forced purchase and the lending action a forced sale.

No. Note
1 Harel
Insurance
Investment
&
Financial
Services
Ltd
("Harel
Investments")
is
a
public
company
whose
shares
are
traded
on
the
Tel
Aviv
Stock
Exchange.
The
controlling
shareholders
of
Harel
Investments
are:
Yair
Hamburger
ID
007048671,
Gideon
Hamburger
ID
007048663,
Nurit
Manor
ID
051171312
("the
shareholders").
The
holding
as
mentioned
is
mainly
through
G.Y.N
Economic
Consulting
and
Investment
Management
2017
Limited
Partnership
(Partnership
No.
550272587),
a
partnership
fully
controlled
and
owned
by
the
shareholders,
in
which
they
hold
as
limited
partners
through
private
companies
wholly
owned
by
them.
The
rest
of
the
shares
of
Harel
Investments
are
held
by
the
public.
2 The
holdings
listed
under
provident
funds
are
through
the
partnership
"Harel
Amitim
Corporate
Bond
Basket".
The
partnership
is
a
partnership
registered
in
the
Partnerships
Registrar,
and
all
rights
in
it
are
held
by
institutional
reporting
group
companies
from
the
Harel
group.
The
partnership
itself
is
not
a
company
managing
provident
funds.
According
to
the
partnership
agreement
between
the
rights
holders
in
the
partnership,
the
holding
percentage
of
the
rights
holders
in
the
partnership
changes
frequently,
according
to
the
mechanism
set
in
the
partnership
agreement.
Below
are
the
holding
percentages
in
the
partnership
as
of
profit
04.09.2025:
Mivtach
-
participant
44.82%,
Provident
funds
-
55.18%.
  1. 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:

  1. If the change is by way of signing a loan agreement, please specify details regarding the termination of the loan:

Explanation: The holding percentages should be stated taking into account all securities held by the interested party.

    1. The date and time the corporation first became aware of the event or matter: 04/09/2025 at 14:27
    1. Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

No. Name Position
1 Meirav
Avitan
Other
-
Section
Manager
2 Vered
Melamed
Other
-
Section
Manager

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.

Previous reference numbers of documents on the subject (the mention does not constitute inclusion by reference):

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

Form structure update date: 04/02/2025

Short name: BANK HAPOALIM B.M.

Address: Rothschild Blvd 50, Tel Aviv 6688314 Phone: 03-5673800, Fax: 03-5674576 Email: [email protected] Company website: http://www.bankhapoalim.co.il

Previous names of the reporting entity:

Electronic reporter name: Gilad Bloch Position: Bank Secretary Employer company name:

Address: Yehuda Halevi 63, Tel Aviv - Jaffa 6578109 Phone: 03-5673800, Fax: 03-5674576 Email: [email protected]

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