Israel Discount Bank Ltd.

Board/Management Information • Dec 1, 2025

ISRAEL DISCOUNT BANK LTD

Registry Number: 520007030

To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd.

Form No.: T121 (Public)

Date Broadcast on MAGNA: 01/12/2025

Reference: 2025-01-095104

Immediate Report for General Material Information

Note: This form should not be used where a dedicated event form exists.

This report form is intended for material reports for which there is no designated suitable form.

Results of an issuance should be reported in T20 form and not in this form.

Reporting of bond ratings or corporation ratings should be submitted via Form T125.

Event Nature:

Appointment of a CEO in a Subsidiary

Reference numbers of previous reports on the subject:
,,

In continuation of the announcement by Mr. Levi Halevi, CEO of Israel Credit Card Ltd ("CAL"), a company controlled by the bank, regarding his intention to end his term as CEO of CAL, the bank is pleased to announce that on December 1, 2025, CAL's Board of Directors adopted the recommendation of the ad hoc CEO search committee and approved the appointment of Ms. Yafit Griani to serve as CEO of CAL, subject to no objections from the Banking Supervision Department.

Attached file:
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The company is not a Shell Company as defined in the Stock Exchange regulations.

The date the company first became aware of the event: 01/12/2025

At the time: 13:50

Authorized Signatories Signing on behalf of the Corporation:

	Signatory Name	Position
1	Adi Kaplan	Other: Executive Vice President,

Head of Technology Division |

| 2 | Hagit Meirovitz | Other: Executive Vice President, Head of Human Resources Division |

Note: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations shall be signed by persons authorized to sign on behalf of the corporation. The staff position on the issue 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: Discount

Address: 1 Discount St., Rishon LeZion, 7574602

Telephone: 03-9439111

Fax: 03-5171674

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.

Email: michal.sd@dbank.co.il

Electronic reporter's name: Eilat Tenne Position: Advocate, General Secretary

Address: 1 Discount St., Rishon LeZion, 7574602

Telephone: 076-8058862

Fax: 03-5171674

Email: ayelet.tenne@dbank.co.il

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