Bank Hapoalim B.M.

Transaction in Own Shares • Dec 31, 2025

BANK HAPOALIM LTD

Registration number: 520000118

To:

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

Form number: T085 (Public)

Sent on MAGNA: 31/12/2025

Reference: 2025-01-105450

Immediate report on the creation of dormant shares in the issued share capital of the corporation, or change in their number or in the identity of their holder

Regulation 31(b) of the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 33(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: Do not report this change also on Form T-76

Reference numbers of previous reports on the matter:,,

We hereby report that on date: 30/12/2025

A change has occurred in the number of dormant shares in the corporation's capital.

Details of the holder of dormant shares:

Name of holder of dormant shares: BANK HAPOALIM LTD English name of the holder: Bank Hapoalim B.M Type of identification number: Company registration number in Israel Identification number: 520000118 Holder type: _________ Citizenship / Incorporation or registration country: Incorporated in Israel Country of citizenship / incorporation or registration: _________ TASE security number: Other 662577 Share name: Bane"f M.R Nature of change: Increase, Purchase on the Stock Exchange Prospectus number: _________ (For internal ISA use, in case of ATM program input the relevant prospectus number) Date of transaction: 30/12/2025 Transaction rate in New Shekel: 72.725 Par value of total securities in New Shekel: 150,000 Total calculated consideration in New Shekel: 10,908,750 Reference number of shelf offering report: _________, which was reported on: _________ 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.

Number of dormant shares held by the holder before the change: 23,927,442 Number of shares affected by the change: + 150,000

Number of dormant shares held by the holder after the change: 24,077,442

Percentage of issued share capital of the corporation, held after the change by the holder of the dormant shares: 1.80%

Were the shares acquired according to a share buyback program approved by the company: Yes

Cumulative execution rate of the program after the change: 24.62%

Date of report on the purchase program: 20/11/2025

Corporation dormant shares status:

• Share name: Ordinary shares, 1 NIS each
• Security number: 662577
• Number of shares in registered capital: 4,000,000,000
• Number of shares in issued and paid-up capital: 1,337,682,310
• Number of dormant shares according to section 308 or for ATM program: 24,077,442
• Number of shares lacking rights under section 333(a): 0
• Number of shares lacking rights under section 340: 0
• Number of shares lacking rights under section 181: 0
• Total shares without right to capital and without voting rights: 24,077,442
• Percentage of shares without rights from the issued and paid-up capital: 1.80%
• Number of dormant shares under section 309(b) ("Subsidiary dormant"): 0 (Does not include shares held by a subsidiary according to section 369 purchased before February 2000, which hold full rights to vote and in capital)
• Number of shares lacking voting rights under section 333(b): 0
• Percentage of shares lacking voting rights but with capital rights, out of all issued capital from this security: 0
• Number of shares for calculation of voting rights: 1,313,604,868
• Number of shares for calculation of equity rights: 1,313,604,868

Note: Section numbers below refer to the Companies Law, 1999.

Details of authorized signatories for the corporation:

Name	Position
Ofer Shaul	Other, Department Manager
Meirav Avitan	Other, Department Manager

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted according to these regulations must be signed by those authorized to sign on behalf of the corporation. The staff position on the subject can be found on the Authority's website: Click here.

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.

• 1. The purchase is carried out according to a buyback program under Safe Harbor protection and in compliance with the directives of the Israel Securities Authority.
• 1. For more information regarding the buyback program, see Immediate Report of 20.11.2025 (Reference: 2025-01-089489) and note 9 to the financial statements as of 30.9.2025, published on 20.11.2025 (Reference: 2025-01-089486).
• 1. The transaction rate reported on this form is the average rate of several transactions. The price range is 73.23-72.10 NIS.
• 1. The cumulative execution rate reported in the form refers to the entire buyback program (across its four stages). The cumulative execution rate for stage A of the buyback program stands at 89.19%.

Signed on 31.12.2025

Previous reference numbers of previous documents on the matter (their mention does not constitute a reference by inclusion):

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

Form structure update date: 06/08/2024

Short name: POALIM

Address: 50 Rothschild Blvd, Tel Aviv, 6688314

Phone: 03-5673800, Fax: 03-5674576 E-mail: gilad.bloch@poalim.co.il

Company website: http://www.bankhapoalim.co.il

Previous names of reporting entity:

Electronic signatory name: Gilad Bloch

Position: Bank Secretary

Company employing:

Address: 63 Yehuda Halevi St, Tel Aviv - Jaffa, 6578109

Phone: 03-5673800, Fax: 03-5674576 E-mail: gilad.bloch@poalim.co.il

No images were present in the original document.