Bank Leumi Le-Israel B.M.

Legal Proceedings Report • Sep 21, 2025

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.

Image alt: BANK LEUMI LE- ISRAEL B.M.

BANK LEUMI LE- ISRAEL B.M. ("the Bank")

September 21, 2025

To:

The Tel Aviv Stock Exchange www.tase.co.il

Israel Securities Authority www.isa.gov.il

Subject: Monetary Sanction

The Bank is pleased to report as follows:

On September 21, 2025, the Bank received a notice from the Supervisor of Banks regarding the decision of the Committee for the Imposition of Monetary Sanctions on Banking Corporations ("the Committee") to impose a monetary sanction on the Bank in the amount of NIS 2,100,000 due to the failure to transfer certain reports to the Israel Money Laundering and Terror Financing Prohibition Authority, in accordance with the Prohibition on Money Laundering Order (Identification, Reporting, and Record-Keeping Obligations of Banking Corporations for the Prevention of Money Laundering and Terror Financing), 2001 (reports regarding deposits of funds in separate low amounts in 11 accounts), as well as due to Know Your Customer questionnaires in some of the aforementioned accounts that did not reflect the nature of the activity in the account (an infraction defined as a local infraction of minor severity by the Committee).

The amount of the monetary sanction is after the Committee found it appropriate to reduce the maximum monetary sanction that can be imposed under the Prohibition on Money Laundering Law, 2000, and in accordance with the provisions of the Prohibition on Money Laundering (Monetary Sanction) Regulations, 2001, taking into account, among other things, the effective actions taken by the Bank to correct the situation, as well as the Bank's cooperation with the audit team.

Respectfully,

BANK LEUMI LE- ISRAEL B.M.

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.

By:

Ronen Mori Head of Risk Management Division

Adv. Nitzan Sandor Chief Legal Counsel