Bank Leumi Le-Israel B.M.

Major Shareholding Notification • Dec 9, 2025

BANK LEUMI LE-ISRAEL B.M.

Company Number: 520018078

To:

• Israel Securities Authority (www.isa.gov.il)
• Tel Aviv Stock Exchange Ltd. (www.tase.co.il)

Form Number: T087 (Public) Submission Date (MAGNA): 09/12/2025 Reference: 2025-01-097982

Capital Status, Granting Rights to Purchase Shares, and Registers of Securities of the Corporation and Changes Therein

Regulation 31E of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(a) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 31(b1) of the Securities Regulations (Immediate Periodic Reports), 1970 Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the Change

Realization of warrants (options) by employees and officers (who are not directors or the CEO).

Explanation: A brief description of the nature of the change.

References for Previous Related Reports
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1. The Company's Securities Portfolio After the Change

Name and Type of Security	Exchange Code	Registered Capital	Most Recent Filing	Current Amount	Amount Recorded by Registrar Company
Leumi	604611	3,215,000,000	1,616,320,139	1,616,323,784	1,616,314,195
Leumi Government Bond 179	6040372	0	1,520,948,000	1,520,948,000	1,520,948,000
Leumi Deferred Commitment 402	6040398	0	209,100,000	209,100,000	209,100,000
Leumi \$ 2031 RM	6040489	0	750,000,000	750,000,000	750,000,000
Leumi Government Bond 182	6040539	0	3,137,255,000	3,137,255,000	3,137,255,000
Leumi Government Bond 183	6040547	0	4,287,851,000	4,287,851,000	4,287,851,000
Leumi Government Bond 184	6040604	0	1,953,825,300	1,953,825,300	1,953,825,300
Leumi Government Bond 185	1201821	0	2,554,413,600	2,554,413,600	2,554,413,600
Leumi Government Bond 186	1201839	0	3,568,016,000	3,568,016,000	3,568,016,000
Leumi Deferred Commitment 405	6040620	0	1,403,900,000	1,403,900,000	1,403,900,000
Leumi 2027\$ BC RM	6040687	0	500,000,000	500,000,000	500,000,000
Leumi \$ 2033 RM	6040679	0	500,000,000	500,000,000	500,000,000
Leumi Commercial 7	1216415	0	1,501,140,000	1,501,140,000	1,501,140,000
Leumi Government Bond 1 RM	1198639	0	57,400,550	57,400,550	57,400,550
Leumi Government Bond 2 RM	1205897	0	606,189,443	606,189,443	606,189,443
Leumi Government Bond 3 RM	1215029	0	1,265,809,931	1,265,809,931	1,265,809,931
Leumi Government Bond 4 RM	1221928	0	1,546,511,756	1,546,511,756	1,546,511,756
Leumi Deferred Commitment 406	1216423	0	1,535,042,000	1,535,042,000	1,535,042,000
Leumi Commercial 8	1220177	0	1,748,276,000	1,748,276,000	1,748,276,000
Leumi Government Bond 187	1228659	0	1,868,513,000	1,868,513,000	1,868,513,000
Leumi Government Bond 188	1228667	0	1,836,321,000	1,836,321,000	1,836,321,000
Leumi Commercial 9	1228675	0	1,473,822,000	1,473,822,000	1,473,822,000
Leumi Op 8/22 (warrant)	1189158	0	3,104,377	3,095,667	0
Leumi Op 9/25 (warrant)	1230069	0	29,231	29,231	0

Explanation: Please detail all securities of the company, including securities not listed for trading.

2. The Corporation Notifies That:

From: 04/12/2025 To: 09/12/2025

A change occurred in the amount and the registry of security holders (including rights to purchase shares) of the corporation as a result of: Description of Change: Realization of warrants (options) by employees and officers (who are not directors or the CEO).

Explanation: Please describe the full details of the transaction or action causing the change in the securities of the corporation.

Details of the Registered Holders Where the Change Occurred

1. Holder Name: Excellence Equity Compensation & Trusts (2004) Ltd

Identification Type: Company Registrar Number in Israel

ID Number: 513540070

Nature of Change: Exercise of options

Date of Change: 04/12/2025

Carried out via Stock Exchange Clearinghouse: No Security Type and Name: Leumi Op 8/22 (warrant)

Security Number: 1189158

Holder's Previous Balance: 3,104,377 Holder's Balance After Change: 3,100,022

Total Change in Securities (Increase/Decrease): 4,355 Is This a Granting of Rights to Purchase Shares: No Total Consideration for Allocated Securities: _________ Stock Number of Share Resulting From Exercise: _________ Number of Shares to Result from Full Exercise/Conversion: _________

Total Additional Proceeds from Full Exercise/Conversion: _________

Period for Exercise: _________ From: _________ To: _________ Will the Allocated Securities Be Registered for Trading: _________ Issued as Part of ATM Program: No

Securities Were Paid in Full, Consideration Received in Full: Yes

1. Holder Name: Excellence Equity Compensation & Trusts (2004) Ltd

(Entry as above, with: Date of change: 08/12/2025 Previous Balance: 3,100,022 Balance After Change: 3,095,667 Change in Securities: 4,355)

1. Holder Name: Bank Leumi Le-Israel B.M. Registrar Company Identification Type: Company Registrar Number in Israel

ID Number: 513540070

Nature of Change: Exercise of options

Date of Change: 09/12/2025

Carried out via Stock Exchange Clearinghouse: Yes

Security Type and Name: Leumi

Security Number: 604611

Holder's Previous Balance: 1,616,310,550 Holder's Balance After Change: 1,616,314,195

Total Change in Securities: 3,645

Is This a Granting of Rights to Purchase Shares: No

Securities Were Paid in Full, Consideration Received in Full: Yes

Explanations:

• 1. If the change affects more than one security, detail the impact per line for each.
• 1. Date of change—All changes of the same type, in the same security, executed on one day, summarized in one row. Separate changes via clearinghouse vs. directly in company's books.
• 1. For reductions, use "-" sign.
• 1. All quantity fields must state the number of securities, not NIS par value.

3. Highlights of the Shareholder Register at the Date of Report

Table omitted due to no data present

1. Attached is a file of the shareholder register in accordance with Section 130 of the Companies Law, 1999

Shareholder_Register_9122025_isa.pdf

Alt text: Shareholder register file attached as PDF link.

5. Attached is an updated file of the corporation's securities registers, including the option holders register and bondholders register

Securities_Register_9122025_isa.pdf

Alt text: Up-to-date file of the securities registers attached as PDF link.

Details of Signatories Authorized to Sign on Behalf of the Corporation:

No.	Name of Signatory	Position(s)
1	Adv. David Sackstein	Other (Head of Bank Secretariat Division)

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. See staff position on the Authority website here.

Additional Explanations

• 1. 209,100,000 NIS par value deferred commitments (Series 402) are convertible under certain circumstances into up to 21,560,660 ordinary shares of the bank, as of the report date. For further details regarding the conversion of deferred commitments (Series 402) into bank shares, see the shelf offering report published on July 5, 2018 (Reference: 2018-01-060390).
• 1. 750,000,000 US dollars par value deferred commitments Leumi \$ 2031 RM are convertible under special conditions into up to 208,055,925 ordinary shares of the bank as of this report date. For more details, see the immediate reports of the bank from January 13, 23, and 29, 2020 (References: 2020-01-005175, 2020-01-008041, and 2020-01-011058, respectively).
• 1. 1,403,900,000 NIS par value deferred commitments (Series 405) are convertible under special conditions into up to 87,477,635 ordinary shares of the bank as of this report date. For further details regarding the conversion of deferred commitments (Series 405) into bank shares, see the trust deed attached as Appendix A to the shelf offering report published on March 24, 2022 (Reference: 2022-01-029679) and immediate report of the bank from September 12, 2022 (Reference: 2022-01-116110).
• 1. 500,000,000 US dollars par value deferred commitments Leumi \$ 2033 RM are convertible under special conditions into up to 118,750,000 ordinary shares of the bank as of this report date. For further details refer to the bank's immediate reports from January 9 and 12, 2023 (References: 2023-01-005118 and 2023-01-006255, respectively).
• 1. 1,535,042,000 NIS par value deferred commitments (Series 406) are convertible under special conditions into up to 69,570,941 ordinary shares of the bank as of this report date. For further details regarding the conversion of deferred commitments (Series 406) to bank shares, see the trust deed attached as Appendix A1 to the shelf offering report published on January 21, 2025 (Reference: 2025-01-006009).

Securities of the corporation are traded on the Tel Aviv Stock Exchange Short Name: Leumi

Address: 3 Abba Hillel Silver, Lod, 7129404

Phone: 076-8858111, 076-8859419

Fax: 076-8859732 Email: David\_S@bll.co.il Website: www.leumi.co.il

Electronic Signatory Name: David Raul Sackstein

Position: Adv., General Secretary Employer's Company Name:

Address: 3 Abba Hillel Silver, Lod, 7129409

Phone: 076-8857984 Fax: 076-8859732

Email: David.sackstein@bankleumi.co.il

Previous Names of the Reporting Entity: (none listed)

Document Form Structure Last Update: 06/08/2024