Bank Hapoalim B.M.

Major Shareholding Notification • Dec 30, 2025

BANK HAPOALIM LTD

Company Registration Number: 520000118

To:

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

Form Number: T076 (Public)

Date transmitted on MAGNA: 30/12/2025 Reference: 2025-01-104730

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 a change in holdings of securities of the reporting corporation only. To report a change in holdings of securities of a held company, if its activity is material to the reporting corporation, use Form T121.

1. Holder Details

• Name of Corporation/Individual: Clal Insurance Enterprises Holdings Ltd
• Type of ID: Number in Israeli company registrar
• ID Number: 520036120
• Type of Holder: Profit-sharing life insurance accounts
• Is the hedge fund entitled to appoint a director or representative on the company board? __________
• Is the holder acting as a representative for reporting the holdings of several shareholders acting together in the company's securities? Yes
• Name of controlling shareholder in the interested party: Clal Insurance Enterprises Holdings Ltd is a public company and a reporting corporation with no controlling core.
• ID Number of controlling shareholder in interested party: -
• Citizenship/Country of incorporation or registration: Incorporated in Israel
• Country of citizenship/incorporation or registration: __________
• Security number on stock exchange: 1233576
• Name and type of security: Poalim BONDS 103
• Nature of change: Increase
• Due to prospectus issuance
• Is this a single transaction or cumulative change (multiple transactions)? Single transaction
• Date of change: 25/12/2025
• Transaction price: 99.95 Currency: agorot
• Are these dormant shares or securities convertible to dormant shares?: No
• Balance (in number of securities) in last report: 0.00
• Holding rate of all securities of same type in last report (%): 0.00
• Change in number of securities: +9,000,000
• Current balance (in number of securities): 9,000,000
• Current holding rate of all securities of same type (%): 0.81
• Holding rate after change:
• Capital (%): 0.00
• Voting power (%): 0.00
• Note: The holding rate after change does not refer to convertible securities.
• Holding rate after full dilution:
• Capital (%): 0.00
• Voting power (%): 0.00
• Note no.: 1

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.

2. Holder Details

version. For more information, please review the legal disclaimer.
	Name of Corporation/Individual: Clal Insurance Enterprises Holdings Ltd
Type of ID: Number in Israeli company registrar
ID Number: 520036120

• Type of Holder: Provident funds and companies that manage provident funds
• Is the hedge fund entitled to appoint a director or representative on the company board? __________
• Is the holder acting as a representative for reporting the holdings of several shareholders acting together in the company's securities? Yes
• Name of controlling shareholder in the interested party: Clal Insurance Enterprises Holdings Ltd is a public company and a reporting corporation with no controlling core.
• ID Number of controlling shareholder in interested party: -
• Citizenship/Country of incorporation or registration: Incorporated in Israel
• Country of citizenship/incorporation or registration: __________
• Security number on stock exchange: 1233576
• Name and type of security: Poalim BONDS 103
• Nature of change: Increase
• Due to prospectus issuance
• Is this a single transaction or cumulative change (multiple transactions)? Single transaction
• Date of change: 25/12/2025
• Transaction price: 99.95 Currency: agorot
• Are these dormant shares or securities convertible to dormant shares?: No
• Balance (in number of securities) in last report: 0.00
• Holding rate of all securities of same type in last report (%): 0.00
• Change in number of securities: +191,000,000
• Current balance (in number of securities): 191,000,000
• Current holding rate of all securities of same type (%): 17.33
• Holding rate after change:
• Capital (%): 5.16
• Voting power (%): 5.25
• Note: The holding rate after change does not refer to convertible securities.
• Holding rate after full dilution:
• Capital (%): 5.13
• Voting power (%): 5.22
• Note no.: __________

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.

Note: Purchase or sale of shares on the stock exchange by way of a matched transaction, as defined in the third section of the stock exchange bylaws, will be classified as an off-exchange transaction, with disclosure provided in the free text field indicating that the transaction was executed in this manner.

Note: If the value increase is due to a forced acquisition of loaned securities, or a decrease due to a forced sale of loaned securities, then any loaned securities not returned to the lender will result in the loan action becoming a forced purchase, and the loaning action a forced sale.

1. Explanatory Note

Holdings in bank shares by companies managing provident funds include direct holdings by the managing company (amount of 106,000,000) and holdings of the partnership "Amitai Clal Group - Clal Shekel Money ETF" (amount of 85,000,000). The partnership "Amitai Clal Group - Clal Shekel Money ETF" is a registered general partnership, all ownership rights in it are held by companies in the Clal Group. The partnership itself is not a managing company and/or profit-sharing life insurance accounts. According to the agreements among the partners, the holding rate of owners of rights in the partnership changes regularly, according to the mechanism set forth in the partnership agreement. The holding rates of owners of rights in the partnership "Amitai Clal Group - Clal Shekel Money ETF" as of 28.12.25 are as follows: Pension & Provident (75.30%), Insurance - Profit sharing accounts (24.70%).

										1. Has all consideration been paid at the time of change?
--	--	--	--	--	--	--	--	--	--	-----------------------------------------------------------	--

Yes

If not, please state the date the payment will be completed:

1. If the change is by way of signing a loan agreement, please state termination details:

Explanation: The holding rates should account for all securities held by the interested party.

3. Date and time the corporation first learned of the event:

29/12/2025 at 21:07

4. Details of actions that caused the change

Authorized Signatories on Behalf of the Corporation

No.	Name	Role
1	Ofer Shaul	Other - Section Manager
2	Meirav Avitan	Other - Section Manager

Explanation: According to regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report lodged under these regulations must be signed by authorized signatories on behalf of the corporation. Staff position on the matter can be found on the Israel Securities Authority website: Click here.

Short name: Poalim

Address: 50 Rothschild Blvd, Tel Aviv 6688314 Phone: 03-5673800 Fax: 03-5674576

Email: gilad.bloch@poalim.co.il Company Website: http://www.bankhapoalim.co.il

Previous entity names:

Name of electronic signatory: Gilad Bloch Position: Secretary of the Bank Employer:

Address: 63 Yehuda Halevi St., Tel Aviv - Jaffa 6578109 Phone: 03-5673800 Fax: 03-5674576 Email: gilad.bloch@poalim.co.il

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

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.

Form structure update date: 04/02/2025

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