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Bank Hapoalim B.M.

Major Shareholding Notification Sep 18, 2025

6991_rns_2025-09-18_84907657-ed63-4c00-b295-2a5393b954bb.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) Sent via MAGNA: 18/09/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-070713

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: PHOENIX FINANCIAL LTD

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

Type of identification number: Company 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 several shareholders holding together securities of the corporation? Yes

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

Identification number of the 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: 1227453

Name and type of security: BANK HAPOALIM B.M. Bond 204

Nature of the change: Increase, Other

Details: The increase in purchase was made as part of a purchase in an issuance on 21.08.2025 and a purchase transaction on the stock exchange on 09.09.2025, at a price range of 99.55 to 99.99 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 rate: 99.63 agorot

Are these dormant shares or securities convertible to 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: +13,000,000

Current balance (in quantity of securities): 13,000,000 Current holding percentage of total securities of the same type: % 0.38

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 the holder: PHOENIX FINANCIAL LTD

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

Type of identification number: Company 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 several shareholders holding together securities of the corporation? Yes

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

Identification number of the 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: 1227453

Name and type of security: BANK HAPOALIM B.M. Bond 204

Nature of the change: Increase, Other

Details: The increase in purchase was made as part of a purchase in an issuance on 21.08.2025 and in several transactions on the stock exchange from 24.08.2025 to 17.09.2025, at a price range of 99.55 to 99.94 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: 17/09/2025

Transaction rate: 99.68 agorot

Are these dormant shares or securities convertible to 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: +348,470,000

Current balance (in quantity of securities): 348,470,000 Current holding percentage of total securities of the same type: % 10.19

Holding percentage after the change: In capital: % 5.28 In voting rights: % 5.37

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: % 5.25 In voting rights: % 5.34

Note number: 2

Name of corporation/last name and first name of the holder: PHOENIX INVESTMENTS HOUSE LTD - Mutual Funds

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

Type of identification number: Company number in the Israeli Companies Registrar

Identification number of the holder: 520041989

Type of holder: Companies managing joint investment mutual 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 several shareholders holding together securities of the corporation? Yes

Name of controlling shareholder in the interested party: PHOENIX FINANCIAL LTD

Identification number of the controlling shareholder in the interested party: 520017450

Citizenship / Country of incorporation or registration: Incorporated in Israel

Country of citizenship / incorporation or registration:

Security number on the stock exchange: 1227453

Name and type of security: BANK HAPOALIM B.M. Bond 204

Nature of the change: Increase, Other

Details: The increase in purchase was made in several transactions on the stock exchange from 25.08.2025 to 04.09.2025, at a price range of 99.70 to 99.91 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: 04/09/2025

Transaction rate: 99.82 agorot

Are these dormant shares or securities convertible to 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: +1,910,751

Current balance (in quantity of securities): 1,910,751 Current holding percentage of total securities of the same type: % 0.06

Holding percentage after the change: In capital: % 1.58 In voting rights: % 1.61

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: % 1.57 In voting rights: % 1.60

Note number:

Note: If an increase is selected due to a forced purchase of loaned securities or a 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
holdings
listed
under
provident
funds
include
a
holding
of
the
AA
Corporate
Bond
Partnership
in
the
amount
of
347,470,000
units
and
holdings
of
provident
fund
companies
in
the
amount
of
1,000,000
units.
The
aforementioned
partnerships
are
partnerships
registered
with
the
Partnerships
Registrar,
and
all
the
rights
holders
in
them
are
companies
in
the
institutional
reporting
group.
The
partnerships
themselves
are
not
companies
managing
provident
funds.
According
to
the
partnership
agreement
between
the
rights
holders
in
each
of
the
partnerships,
the
holding
percentage
of
the
rights
holders
in
the
partnerships
changes
frequently,
according
to
the
mechanism
set
in
the
partnership
agreement.
As
of
17.09.2024,
the
holding
percentages
in
the
partnerships
are:
AA
Corporate
Bond
Partnership:
Provident
funds
-
57.22%,
Insurance
-
42.78%
  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: 18/09/2025 at 15:37
    1. Details of the actions that caused the change:

Details of the authorized signatories on behalf of the corporation:

No. Name Position
1 Anat
Nagar
Other:
Section
Manager
2 Ofer
Shaul
Other:
Section
Manager

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.

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

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:

Name of electronic reporter: 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]

Form structure update date: 04/02/2025

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