Clal Insurance

Director's Dealing • Nov 19, 2025

CLAL INSURANCE ENTERPRISES HOLDINGS LTD

Registry Number: 520036120

To:

Israel Securities Authority (www.isa.gov.il)

Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

MAGNA transmission date: 19/11/2025

Reference: 2025-01-089327

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

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

Note: This form is for reporting ^a change in the holdings of securities of the reporting corporation only. For changes in holdings in the securities of ^a subsidiary that is material to the company, use form T121.

1. Holder Details

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.

Holder's Name: Yoram Naveh ID Type: ID Card Number ID Number: 28865301

Holder Type: Director/CEO

Is the fund entitled to appoint a director or representative to the board of the company? _________

Is the holder serving as a representative for reporting on behalf of other shareholders? No

Name of controlling shareholder of the interested party: Private individual

ID of controlling shareholder of the interested party: Private individual

Citizenship / country of incorporation or registration: Private individual with Israeli citizenship

Country of citizenship / incorporation or registration: _________

2. Security Details

• Security number on the stock exchange: 000000
• Name and type of security: Blocked stock units for CEO RSU
• Nature of the change: Increase, Other
• Free text: The allocation of said securities is subsequent to a private offer report published on 24/10/2025, reference number 2025-01-079704.
• Is this change part of a single transaction or multiple (cumulative) transactions? Single transaction
• Date of change: 19/11/2025
• Transaction price: 0 agorot
• Are these dormant shares or convertible securities into dormant shares? No
• Previous balance (number of securities): 0
• Previous percent holding of such type: 0%
• Change in number of securities: +10,572
• Current balance (number of securities): 10,572
• Current percent holding of such type: 100%
• Percent holding after the change capital: 0.00%
• Percent holding after the change voting rights: 0.00%
• Explanation: The holding percentage after the change does not refer to convertible securities.
• Full dilution percent holding after the change capital: 0.01%
• Full dilution percent holding after the change voting rights: 0.01%
• Note Number: 1

Note: Mr. Yoram Naveh is an interested party by virtue of being the company CEO.

3. Payment Details

• Was the full consideration paid at the date of the change? No
• If not, please specify the date of full payment: Blocked stock units are allocated to the CEO free of charge

4. Time Reported

Date and time the company first learned of the event: 19/11/2025, 10:00

5. Details of Actions Causing the Change

Authorized signatories on behalf of the company:

1. Name: Adv. (Attorney) Adi Barkan Stern

Position: Company Secretary

Explanation: Per Regulation 5 of the Securities Regulations (Immediate and Periodic Reports), 1970, ^a report filed 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.

The securities of the corporation are registered for trading on the Tel Aviv Stock Exchange.

Short name: Clal Insurance Enterprises

Company Address: 36 Raul Wallenberg St., Tel Aviv, P.O. Box 37070, 6136902

Phone: 03-6387575, 03-6387577

Fax: 03-6397011

E-mail: ClalMishpatit@clal-ins.co.il

Previous names of reporting entity:

Electronic signatory name: Barkan Stern, Adi

Position: Company Secretary

Employer company: Clal Insurance Company Ltd.

Address: 36 Raul Wallenberg St., Tel Aviv, P.O. Box 37070, 6136902

Phone: 077-6387634 Fax: 03-7965879

E-mail: AdiBark@clal-ins.co.il

Update date of the form structure: 04/02/2025

Note: If the increase value was selected due to ^a forced purchase of lent securities or the decrease value due to ^a forced sale of lent securities, then lent securities not yet returned to the lender are regarded as forced purchases/sales.