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Cellcom Israel Ltd. M&A Activity 2025

Oct 29, 2025

6724_rns_2025-10-29_93bbcc45-bbc1-43ef-865a-c8c5cb2a3991.pdf

M&A Activity

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CELLCOM ISRAEL LTD.

Registrar Number: 511930125

To:

Form: T053 (Public) Reported on MAGNA: 29/10/2025 Reference: 2025-01-081634

Immediate Report on an Event or Matter Deviation from the Regular Business of the Corporation

Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970

Note: Results of an issue should be reported on Form 20 and not on this form.

Note: Report on rating of BONDS or corporate rating should be submitted using Form T125.

Reporting on:

Delayed report submission: [ ] Delayed report

Nature of the Event:

Sale of Holdings in IBC – Approval by the Ministry of Communications

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. In continuation of what was stated in Section 2 in Chapter A of the company's second quarter report for 2025 regarding the
exercise of the company's right to join in the sale of all its holdings in IBC (Unlimited) Holdings Limited Partnership ("IBC Partnership")
and in the general partner in IBC Partnership, subject to the fulfillment of the suspensive conditions as detailed in the said section, the
company updates that on 29.10.2025, approval was received from the Ministry of Communications for the transaction. There is no
certainty as to the completion of the transaction, inter alia, due to non-fulfillment of all the suspensive conditions for its occurrence or
due to cancellation of the agreement by any of the parties if the transaction is not completed by the prescribed date.
2. Date and time when the corporation first learned of the event or matter:
29/10/2025 at 18:40.
Report deferred according to Regulation 36(b):
------------------------------------------------ -- -- --
3. If the report was delayed – reason for delay:
--------------------------------------------------
4. On date: at: the impediment to reporting was removed.
-- -- ---------------------------------------------------------- -- --
  1. [ ] The company is a shell company as defined in the Exchange's regulations.

Authorized signatories for the corporation:

No. Signatory Name Role
1 Larisa Cohen Other – Chief Legal Advisor and Regulation Officer

Explanation: According to regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted in accordance with these regulations shall be signed by those authorized to sign on behalf of the corporation. See the staff's position on the matter at the Authority's website: Click here.

Reference numbers to previous documents on the subject (the mention does not constitute incorporation by reference): 2025- 01-060071

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

Short name:

Address: 10 HaGavish St., Netanya 4250708 Phone: 052-9989595

Fax: 09-8607986

Email: cellcom\[email protected]

Reported by:

Name: Cohen Larisa

Role: Chief Legal Advisor and Company Secretary

Employing Company:

Address: 10 HaGavish St., Netanya 4250708

Phone: 052-9989595 Fax: 09-8607986

Email: [email protected]

Previous names of the reporting entity:

Form Structure Update Date: 06/08/2024