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Bank Hapoalim B.M.

Major Shareholding Notification Sep 11, 2025

6991_rns_2025-09-11_09273f2d-6734-4be8-8e12-fe72a30e80b1.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: 11/09/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01- 068668

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 holder: PHOENIX FINANCIAL LTD

Name of corporation/last name and first name of holder in English as registered with the Companies Registrar or in the passport: The Phoenix Financial Ltd

Type of identification number: Number in the Israeli Companies Registrar

Identification number of the holder: 520017450

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 the purpose of reporting the number of shareholders holding together with him securities of the corporation: 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 T

Nature of change: Increase Other

Details: The increase in purchase was made as part of a purchase in an offering on 21.8.2025 and in several transactions on the stock exchange from 24.8.2025 to 9.9.2025, at a price range of 98.74 to 99.26 agorot.

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: 09/09/2025

Transaction price: 99.00 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: +42,246,898

Current balance (in quantity of securities): 42,246,898 Current holding percentage of total securities of the same type: % 4.46

Holding percentage after the change: In capital: % 0.22 In voting rights: % 0.22

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: % 0.22 In voting rights: % 0.22

Note number:

2

Name of corporation/last name and first name of holder: PHOENIX FINANCIAL LTD

Name of corporation/last name and first name of holder in English as registered with the Companies Registrar or in the passport: The Phoenix Financial Ltd

Type of identification number: Number in the Israeli Companies Registrar

Identification number of the holder: 520017450

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 the purpose of reporting the number of shareholders holding together with him securities of the corporation: 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 T

Nature of change: Increase Other

Details: The increase in purchase was made as part of a purchase in an offering on 21.8.2025 and in several transactions on the stock exchange from 2.9.2025 to 8.9.2025, at a price range of 89.53 to 99.08 agorot.

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: 08/09/2025

Transaction price: 98.99 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: +53,000,000

Current balance (in quantity of securities): 53,000,000 Current holding percentage of total securities of the same type: % 5.59

Holding percentage after the change: In capital: % 5.35 In voting rights: % 5.44

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: % 5.32 In voting rights: % 5.41

Note number:

Note: If the value 'increase' was selected due to a forced purchase of loaned securities or the value 'decrease' due to a forced sale of loaned securities, 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 PHOENIX
FINANCIAL
LTD
(formerly:
Phoenix
Holdings
Ltd)
is
a
public
company
and
a
reporting
corporation
without
a
controlling
core.
Details
about
its
interested
parties
are
published
in
its
reports.
2 The
holding
is
through
a
tradable
corporate
bond
partnership,
which
is
a
registered
partnership
and
all
rights
holders
are
companies
in
the
institutional
reporting
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
changes
frequently,
according
to
the
mechanism
set
in
the
partnership
agreement.
As
of
09.09.2025,
the
holding
percentages
in
the
partnership
are:
Tradable
Corporate
Bond
Partnership
Provident
Funds
-
57.58%,
Mivtach-Mishtatef
42.42%
  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 manner of ending 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: 10/09/2025 at 15:08
    1. Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

No. Name Position
1 Orit
Langer
Other
-
Deputy
Department
Manager
2 Anat
Nagar
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.

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

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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