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Bezeq The Israeli Telecommunication Corporation Ltd.

Capital/Financing Update Dec 1, 2025

6687_rns_2025-12-01_810890c6-0e45-41a2-be3d-e1f659d32485.pdf

Capital/Financing Update

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BEZEQ THE ISRAEL TELECOMMUNICATION CORP. LTD.

Registration Number: 520031931
-------------------------------- -- --

To:

Form Number: T125 (Public)

Filed on MAGNA: 01/12/2025

Reference Number: 2025-01-095024

Immediate Report on Debenture Rating / Corporate Rating or Discontinuation of Rating

On 01/12/2025, S&P Maalot published:
Rating Report / Notice – Updated
Notice of discontinuation of rating
    1. Rating Report or Notice
  • Corporate rating: ______________ ______________ ilAA ______________ ______________

Rating history in the 3 years prior to the rating/notice:

Notes / Nature of the notice: ______________ ______________

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.

Date Subject of the rating Rating Notes / Nature of the notice

Explanation: In the rating history, only the rating history of the rating company subject to the immediate report should be detailed.

Rating of the corporation's debenture certificates:

Name and type of security Stock Exchange
Rating
Number
company
Current rating Notes / Nature of
the notice
BONDS (Series 13 and 14) up to a total of
600 million NIS par value
S&P Maalot S&P Maalot ilAA
None / NOO
Other
Issuance rating

Rating history in the last 3 years before the rating/notice:

Name and type of security Stock Exchange
Number
Date Type of rated
security
Rating Notes / Nature of
the notice
BONDS (Series 13 and 14) up
to 450 million NIS par value
20/03/2023 BONDS S&P Maalot
ilAA- None /
NOO
Other
Issuance rating
BONDS (Series 13 and 14) up
to 510 million NIS par value
22/03/2023 BONDS S&P Maalot
ilAA- None /
NOO
Other
Issuance rating
BONDS (Series 9, 10, 11, 12,
13, 14)
03/05/2023 BONDS S&P Maalot
ilAA- None /
NOO
Rating confirmation
BONDS (Series 11 and 13) up
to 500 million NIS par value
07/01/2024 BONDS S&P Maalot
ilAA- None /
NOO
Other
Issuance rating
BONDS (Series 11 and 13) up
to 1 billion NIS par value
09/01/2024 BONDS S&P Maalot
ilAA- None /
NOO
Other
Issuance rating
BONDS (Series 13 and 14) up
to 500 million NIS par value
03/12/2024 BONDS S&P Maalot ilAA
None / NOO
Other
Issuance rating
BONDS (Series 13 and 14) up
to 675 million NIS par value
04/12/2024 BONDS S&P Maalot ilAA
None / NOO
Other
Issuance rating
BONDS (Series 9, 10, 11, 12,
13, 14)
05/05/2025 BONDS S&P Maalot ilAA
None / NOO
Rating confirmation

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.

Explanation: In the rating history, only the rating history of the rating company subject to the immediate report should be detailed.

Attached is the rating report: Maalot_Issuance_Rating_isa.pdf
--------------------------------------------------------------- --
2. On, announced the discontinuation of the rating for:

Details of the authorized signatories on behalf of the corporation:

No. Name Position
1 Adv. Michal
Kuperstein
Other
Group Secretary and Internal Compliance Officer, BEZEQ THE ISRAEL TELECOMMUNICATION CORP.
LTD.

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 Israel Securities Authority's website: Click here.

Previous document references on the subject (mentioning does not constitute inclusion by reference):

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

Form structure update date: 06/08/2024

Short name: BEZEQ

Address: Ha-Menor 7, Holon 5886102 Phone: 03-6262200, 03-6262201

Fax: 03-6262209

Email: [email protected]

Previous names of the reporting entity:

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.

Electronic reporter's name: Kuperstein Michal

Position: Company Secretary and Internal Compliance Officer

Employer:

Address: Ha-Menor 7, Holon 5886105

Phone: 03-6262200 Fax: 03-6262209

Email: [email protected]

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