Cellcom Israel Ltd.

Major Shareholding Notification • Jan 8, 2026

CELLCOM ISRAEL LTD

Registry number: 511930125

To:

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

Form number: T077 (Public) Transmitted on MAGNA: 08/01/2026 Proof number: 2026-01-004056

Immediate Report on the Holdings Status of Interested Parties and Senior Officers

Regulation 33(c) - (d) of Securities Regulations (Periodic and Immediate Reports), 1970

Reference numbers of previous reports on the subject:

_________, _________, _________.

The following is the status as of 31/12/2025:

A. Interested Parties in the Corporation

(Including CEO and Directors, and every other employee holding five percent or more of the company's issued share capital or the voting power therein):

Holder No.	Holder Name	Name, Type & Series of Security	Quantity of Securities	Holding Percentage	(Equity / Voting)	Holding Percentage (Fully Diluted)	(Equity / Voting)
1	Eli Adadi	Cellcom Option 2007	1,089,936	— / —	0.62 / 0.62
2	FF6-cell, Limited Partnership	Ordinary Share	55,805,383	33.20 / 33.20	31.70 / 31.70
3	Migdal Insurance & Financial Holdings Ltd - Life Insurance Accounts Participating in Profits	Ordinary Share	11,275,848	6.71 / 6.71	6.41 / 6.41

(This table continues, covering all parties as in the original Hebrew. Numbers not provided in the original table are represented by '—'.)

Total holdings (%):

Equity: 70.53 Voting: 70.53

Total holdings (fully diluted) (%):

Equity: 67.95 Voting: 67.95

B. Senior officers in the corporation

(Except CEO and Directors, and any other employee holding five percent or more of the company's issued share capital or voting power):

They do not hold securities of the corporation.

The following is the table of holdings of senior officers in the corporation:

Holder No.	Holder Name	Name, Type & Series of Security	Quantity of Securities	Holding Percentage (Equity / Voting)	Holding Percentage (Fully Diluted) (Equity / Voting)
62	Gadi Attias	Cellcom Option 2007	250,000	0 / 0	0.14 / 0.14
63	Larisa Cohen	Cellcom Option 2007	181,445	0 / 0	0.10 / 0.10
64	Avraham Grinman	Cellcom Option 2007	181,445	0 / 0	0.10 / 0.10

Total holdings senior officers (%):

Equity: 0 Voting: 0

Total holdings senior officers (fully diluted) (%):

Equity: 0.98 Voting: 0.98

Explanations:

• 1. Holdings of other securities (not bonds), including other non-listed securities, must also be reported.
• 1. If reporting is required on holding non-convertible bonds, the list of holdings can be attached as a PDF file, in accordance with Legal Staff Position 104-21: link (alt: Link to Staff Legal Position 104-21 PDF on ISA website)
• 1. If an interested party holds more than one type of security in the corporation, the holding percentage (including full dilution) should be reported in a single row, considering all securities held.
• 1. This form should detail the holdings status of all interested parties, including those with unchanged holdings.
• 1. If the interested party is a held company with substantial activity for the corporation, holdings should be split as to shares acquired before/after the Companies Act and their rights.
• 1. If the interested party is a corporation, also state the names of the ultimate controlling shareholders. If there's no controlling shareholder – details of the interested parties in it shall be provided.
• 1. If a senior officer holds 5% or more of the share capital or voting, their holdings should be reported in the 'Interested Parties' table above.
• 1. If an interested party or senior officer also holds securities in a subsidiary with substantial activity, details should be included in the remarks field in their details.

Attachment: Holdings in non-convertible bonds (in accordance with staff legal position 104-21):
File:
As of the submission date of this report and according to the law, is there a controlling
shareholder in the corporation?
Yes
No

The controlling shareholder in the corporation is:

• FF6-cell, Limited Partnership (Registered Partnership number in Israel: 540330958)
• Has the control been transferred during the period described in the report? No

Control transfer details: _________

Total controlling shareholders' holding in company equity (%): 33.20

Authorized signatories for the corporation:

No.	Signatory Name	Position
1	Larisa Cohen	Other (Legal Counsel & Regulation VP)

Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations shall be signed by those authorized to sign on behalf of the corporation. See staff position on the ISA website: Click here (alt: ISA PDF file with staff position regarding signatories)

Contact details

Address: Hagevish 10, Netanya 4250708

Phone: 052-9989595 Fax: 09-8607986

Email: cellcom\_sec@cellcom.co.il

Reporting electronic name: Cohen Larisa Position: VP Legal Counsel and Company Secretary

Previous names of the reporting entity:

Securities of the company are listed on the Tel Aviv Stock Exchange

Form structure update date: 21/10/2025

Glossary/Companies mapping (used for translation, not shown in main text):

• All Hebrew company names have been replaced by their corresponding English equivalents per the glossary.
• Financial/institutional terms such as "ח"אג "are rendered as "BONDS." For "מ"נע", rendered as "commercial papers."

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