Legal Disclaimer

While the information included in this presentation is based on data from I.D.I. Insurance Company Ltd's (hereinafter : "The Company ") periodic report as of September 30, 2025, as well as previous presentations and reports published by the Company, it is not a substitute for reviewing these reports. The presentation also includes data and information presented in a different format, arrangement, or segmentation than in the aforementioned reports, including those derived from the data in the Company 's reports.
Commencing with the first quarter of 2025, this report is prepared in accordance with IFRS 17 and the directives of the Capital Market, Insurance and Savings Authority regarding its implementation . To understand the report, readers need to be familiar with the changes in the accounting standard and their implications for the manner in which the Company's data are presented . It should also be clarified that the changes in the accounting standard are significant - both in the manner of measurement and the manner in which data are presented ; this is the first time the new standard is applied after many years of reporting according to the previous standard .
This presentation does not constitute an offer to acquire the Company 's securities or an invitation to receive such an offer. It is intended solely to provide information to investors . Its content does not constitute advice, a recommendation, an opinion, or an offer regarding the profitability of an investment and does not replace independent judgment, self- assessment, and professional advice tailored to each investor's specific circumstances . The Company shall not be liable for any possible or potential damages and/or losses resulting from the use of information in this presentation .
This presentation may include forward-looking information (as defined in the Securities Law, 5728 1968), such as the Company 's forecasts, objectives, assessments, and estimations regarding future events or matters, the realization of which is uncertain and not under the Company 's control . By nature, forward -looking information is subject to risks of non-realization and uncertainty, including the impact of risk factors inherent in the Company 's operations, changes in the economic environment in which the Company operates, as well as external factors that may affect the Company 's operations .
Therefore, readers of this presentation are cautioned that the Company 's actual future results and achievements may differ materially from those presented in the forward-looking information, if applicable .
Furthermore, the forward -looking forecasts and assessments are based on data and information available to the Company as of the publication date of this presentation . The Company is not obligated to update or revise any forecast or assessment to reflect events or circumstances that may arise after the presentation date.. 2

The Iron Swords War

The current quarter marks the end of the Iron Swords War, following the ceasefire agreement signed in October 2025 .

Together with the entire people of Israel, we are happy for the safe return of all living hostages and hope and pray for the return of all fallen ones .

We are proud of Direct Insurance ' s employees who played a significant role in reserve duty during the War, and of their colleagues who supported them throughout, ensuring we continue to provide excellent service to all our customers .

We all look forward to a period of renewed calm and sustained growth .

We continue to embrace all bereaved families and strengthen those wounded - both in body and soul .

May we soon have days of peace, tranquility and routine

Comprehensive income* Before and after provision for legal proceedings

Quarter and cumulative

1-9/2025

1-9/2024

Cumulative income

* After tax, in NIS million All figures are adjusted to IFRS 17.

Return on equity

Quarter and cumulative

Return on equity - annualized Presented after provision for legal proceedings

Quarter of Achievements

Continued high -quality growth in the number of customers and scope of premiums in the various subsegments

Technology

Completed the upgrading of most core infrastructure in P&C and Life while creating an advanced user experience including the use of GEN AI applications

Improved profitability across most subsegments,

achieving adequate balance between profitability and growth

Adhering to strict underwriting , with differential pricing and smart claim management

Boosted the scope of business collaborations

Investments

Managing a diversified and relatively solid portfolio with a healthy return

Profitability Overview I Q3

Before and after provision for legal proceedings

		A
		П
	П		11
11		11	11

	7-9/2025 Financial Statements	Effect of legal proceedings	7-9/2025 Financial Statements excluding provision
Income from insurance services - entire company	140.0	(36.5)	176.5
Operating expenses from operating segments	(28.5)	(11.4)	(17.1)
Total income from insurance services, net of operating expenses	111.5	(47.9)	159.4
Finance expenses resulting from insurance contracts	(38.8)		(38.8)
Investment revenue attributed to operating segments	41.9		41.9
Investment revenue and finance income, net attributed to operating segments	3.1		3.1
Investment revenues not attributed to operating segments	31.0		31.0
Expenses not attributed to operating segments	(7.3)		(7.3)
Other expenses	(0.9)		(0.9)
Comprehensive income, before tax	137.5	(47.9)	185.3
Tax effect	52.7	(16.7)	69.4
Comprehensive income	84.7	31.2	115.9

**Profitability * Overview I Q3**

	7-9/2025	7-9/2024
Income from insurance services - entire company	176.5	121.6
Operating expenses from operating segments	(17.1)	(17.1)
Total income from insurance services, net of operating expenses	159.4	104.5
Finance expenses resulting from insurance contracts	(38.8)	(23.0)
Investment revenue attributed to operating segments	41.9	36.6
Investment revenue and finance income, net attributed to operating segments	3.1	13.5
Investment revenues not attributed to operating segments	31.0	28.8
Expenses not attributed to operating segments	(7.3)	(4.0)
Other revenues (expenses)	(0.9)	0.3
Comprehensive income, before tax	185.3	143.0
Tax effect	69.4	49.2
Comprehensive income	115.9	93.8

All data are in NIS million *Presented excluding provision for legal proceedings this year and last year

Profitability Overview I 1-9/2025

Before and after provision for legal proceedings

		A
		П	П
_	П
$\Pi$	11	11	11

	1-9/2025 Financial Statements	Effect of legal proceedings	1-9/2025 Financial Statements excluding provision
Income from insurance services - entire company	408.5	(37.4)	445.8
Operating expenses from operating segments	(67.2)	(11.4)	(55.8)
Total income from insurance services, net of operating expenses	341.3	(48.8)	390.0
Finance expenses resulting from insurance contracts	(76.5)		(76.5)
Investment revenue attributed to operating segments	113.3		113.3
Investment revenue and finance income, net attributed to operating segments	36.9		36.9
Investment revenues not attributed to operating segments	73.7		73.7
Expenses not attributed to operating segments	(17.5)		(17.5)
Other expenses	(1.8)		(1.8)
Comprehensive income, before tax	432.5	(48.8)	481.3
Tax effect	157.6	(17.0)	174.6
Comprehensive income	274.9	(31.8)	306.7

All data are in NIS million

	1-9/2025	1-9/2024
Income from insurance services - entire company	445.8	331.3
Operating expenses from operating segments	(55.8)	(50.4)
Total income from insurance services, net of operating expenses	390.0	280.9
Finance expenses resulting from insurance contracts	(76.5)	(98.2)
Investment revenue attributed to operating segments	113.3	91.8
Investment revenue and finance income, net attributed to operating segments	36.9	(6.3)
Investment revenues not attributed to operating segments	73.7	68.6
Expenses not attributed to operating segments	(17.5)	(12.0)
Other revenues (expenses)	(1.8)	0.5
Comprehensive income, before tax	481.3	331.7
Tax effect	174.6	115.2
Comprehensive income	306.7	216.5

All data are in NIS million * Presented excluding provision for legal proceedings this year and last year

Income from Insurance Services

Income from insurance services Provision for legal proceedings 000

In NIS million, before tax Data are attributed to operating segments

Income from Insurance Services I Net of Operating Expenses Q3 - by subsegment

Casco

Excluding amounts provisioned for legal proceedings during the period and last year

Cumulative 1-9 2024 2025 Gross premiums excluding Civil Gross premiums excluding Civil Servants Tender premiums* Servants Tender premiums* 235 9 Income from insurance services Income from insurance services 162.5 211.5 Income from insurance services, Income from insurance services, net of operating expenses net of operating expenses (29.5)(23.6)Finance expenses Finance expenses 52.9 43.4 Investment revenues Investment revenues 234.9 182.4

Quarterly 7-9
2025	2024
500.0 Gross premiums excluding Civil	495.7 Gross premiums excluding Civil
Servants Tender premiums*	Servants Tender premiums*
88.3	66.8
Income from insurance services	Income from insurance services
80.9	59.7
Income from insurance services, net of operating expenses	Income from insurance services, net of operating expenses
(14.1)	(11.3)
Finance expenses	Finance expenses
18.8	14.8
Investment revenues**	Investment revenues**
85.7	63.1
Comprehensive income	Comprehensive income

^· FOA O a company of the AOO ( least vego

Comprehensive income

Growth in

premiums

Excluding Civil

Servants Tender

premiums

Growth in

premiums

Excluding Civil

Servants Tender

premiums

Comprehensive income

^* Premiums including 1,649.5 in aggregate Civil Servants Tender premiums compared to 1,642.7 last year and during the quarter - 501.8 compared to 498.6 last year.

^** The line item includes other finance expenses.

Casco

Including amounts provisioned for legal proceedings

Quarterly 7-9
2025	2024
483.0 Gross premiums excluding Civil Servants Tender premiums*	493.9 Gross premiums excluding Civil Servants Tender premiums*
69.9 Income from insurance services	64.5 Income from insurance services
51.1	57.4
Income from insurance services, net of operating expenses	Income from insurance services, net of operating expenses
(14.1)	(11.3)
Finance expenses	Finance expenses
18.8	14.8
Investment revenues**	Investment revenues**
55.9	60.8
Comprehensive income	Comprehensive income

Growth in premiums Excluding Civil Servants Tender premiums

INSURANCE

^* Premiums including 1,632.5 in aggregate Civil Servants Tender premiums compared to 1,640.9 last year and during the quarter - 484.8 compared to 496.8 last year.

^** The line item includes other finance expenses.

MBI

2025 533.5 Gross premiums excluding Civil Servants Tender premiums* Loss from insurance services Loss from insurance services, Growth in net of operating expenses premiums (63.4)Excluding Civil Finance expenses 50.0 premiums Investment revenues**

Cumulative 1-9
                                          2024
                              Gross premiums excluding Civil
                                Servants Tender premiums*
                            Income from insurance services
                              Loss from insurance services,
                                net of operating expenses
                                         (48.5)
                                      Finance expenses
                                          40.2
                                   Investment revenues**
                                    Comprehensive loss
Comprehensive loss

Quarterly 7-9 2024 2025 159.2 Gross premiums excluding Civil Gross premiums excluding Civil Servants Tender premiums* Servants Tender premiums* Income from insurance services Loss from insurance services Loss from insurance services, Loss from insurance services, net of operating expenses net of operating expenses (29.6)(30.4)Finance expenses Finance expenses 18.7 18.9 Investment revenues** Investment revenues**

Growth in premiums Excluding Civil Servants Tender

premiums

Comprehensive loss

All data are in NIS million | Comprehensive income/loss and income from insurance services before tax.

Comprehensive loss

Servants

Tender

^* Premiums including 569.5 in aggregate Civil Servants Tender premiums compared to 552.2 last year and during the quarter - 175.0 compared to 160.0 last year.

^** The line item includes other finance expenses.

Other Property and Liability subsegments

Excluding amounts provisioned for legal proceedings during the period and last year

2025	2024
110.8	103.7
Gross premiums	Gross premiums
18.0	9.2
Income from insurance services	Income from insurance services
16.4	7.5	7 %
Income from insurance services, net of operating expenses	Income from insurance services, net of operating expenses	Growth in
(2.0) Finance expenses	(2.1) Finance expenses	premiums
3.0 * Investment revenues	2.1 * Investment revenues
17.4	7.5
Comprehensive income	Comprehensive income

premiums

^* The line item includes other finance expenses.

Other Property and Liability subsegments

Including amounts provisioned for legal proceedings

2025	2024
102.2	103.7
Gross premiums	Gross premiums
(0.1)	9.2
Loss from insurance services	Income from insurance services
(1.7)	7.5	-1 %
Loss from insurance services, net of operating expenses	Income from insurance services, net of operating expenses	Growth in
(2.0)	(2.1)	premiums
Finance expenses	Finance expenses
3.0	2.1
* Investment revenues	* Investment revenues
(0.8)	7.5
Comprehensive loss	Comprehensive income

premiums

^* The line item includes other finance expenses.

Life Insurance

All data are in NIS million | Comprehensive income and income from insurance services before tax

Quarterly 7-9
2025	2024
93.8	90.2
Gross premiums	Gross premiums
39.3	19.1
ncome from insurance services	Income from insurance services
35.3	15.7
ncome from insurance services, net of operating expenses	Income from insurance services, net of operating expenses
4.7	11.5
Finance income	Finance income
0.3	0.5
nvestment and other revenues*	Investment and other revenues*
40.2	27.7
Comprehensive income	Comprehensive income

Comprehensive income

Growth in

premiums

^* The line item also includes other finance expenses.

Health

* Growth in premiums Health and Critical

16%

Illnesses

2025 232.7 Gross premiums 81.8 75.5 Income from insurance services, net of operating expenses 84.3 8.6 Finance income 0.2 Investment revenues ** Income from insurance services

2024 212.7 Gross premiums 70.3 63.8 45.6 Comprehensive income (18.8) Finance expenses 0.5 Investment revenues ** Income from insurance services, net of operating expenses Income from insurance services

2025 84.2 Gross premiums 30.1 28.2 30.6 Comprehensive income 2.2 Finance income 0.2 Investment revenues ** 2024 72.6 Gross premiums 26.6 24.4 34.1 Comprehensive income 9.2 Finance income 0.5 Investment revenues ** Cumulative 1-9 Quarterly 7-9 Income from insurance services Income from insurance services Income from insurance services, net of operating expenses Income from insurance services, net of operating expenses

Growth in premiums 16% Health and Critical Illnesses

Comprehensive income

^* The growth in premiums across the entire Health Segment - approx. 9% during the Reporting Period - was achieved despite a busin ess decision to reduce the scope activity in the personal accidents subsegment in light of the reform led by the regulator, which reduced its profitability.

^** The line item includes other finance expenses.

Investment Income - Nostro

Quarter and cumulative

All data are in NIS million | Net of participating income, based on a relatively solid and diversified portfolio. *The year - on- year increase is primarily driven by growth in the nostro portfolio volume.

^*Contractual service margin (CSM) - Expected income from provision of insurance coverage . Attributed to income across the insurance contract coverage period .

The growth in CSM was achieved despite a decline in the personal accident product, resulting from a strategic decision to reduce activity in this sub-segment following a regulatory reform which adversely impacted its economic viability.

^** Risk adjustments (RA) - The risk premium for uncertainty regarding the amount and timing of the cash flows is charged to income upon release from the risk.

Financial effects

Q3 and cumulative

1. The effects of changes in the interest rate curve and CPI on comprehensive income intensified with the transition to IFRS 17
1. Due to Direct Insurance 's portfolio structure, there is a partial hedge between P&C and Life and Health

	1-9/2025	7-9/2025
P&C
CPI	(71.3)	(34.6)
* Curve change interest rate	4.6	0.7
Life and Health
CPI	29.7	14.1
* Curve change interest rate	4	(2.8)
Total effects	(32.9)	(22.6)

In NIS million.

^* Excluding accrual of interest due to the passage of time totaling approx. (43.5) in the aggregate and approx. ( 16.2) during the quarter.

Solvency ratio

As of June 30, 2025 *

Rating

The Company is rated Aa 3 Tier 2 capital is rated A 2 According to Midroog

In NIS million.

The model in its present form is highly sensitive to changes in market and other variables.

* Taking into account the NIS 60 million dividend declared on November 24, 2025.

Dividend and dividend yield

Dividend declared for Q3 earnings

Dividend for 1-9/2025 earnings

Average 5year dividend yield Dividend distribution policy

Distribution threshold conditions

NIS 60 million

NIS 175 million

7.61%

At least
50% of
the annual
income

120% solvency

Which constitute approx. 71% of the earnings in the period

Since 2018, approx. NIS 1.06 billion has been distributed as dividend out of cumulative earnings of approx. NIS 1.5 billion

<-- PDF CHUNK SEPARATOR -->

Capital Development

In NIS million.

^* Including the effect of the first -time application of IFRS 17 on January 1,2024, totaling approx. NIS 84 million.

Additional Achievements and Business Focal Points

Growth and leadership – Casco market share

Market leader by share Market share over time *

^* Car market share in terms of insurance premiums according to the companies' financial statements (including Civil Servants Tender) , as of June 30, 2025 (the Authority's data has yet to be published)

Growth over time

Homeowners Market Share

* Market share of home insurance and mortgage banks in terms of insurance premiums according to the Capital Market, Insurance and Savings Authority, as of December 31, 2024 (up-to- date figures have yet to be published)

Leaders in Mortgage Insurance

Approx. 17%

of the insured mortgage amounts in the market are Insured at IDI

The rate is based on Direct Insurance's insured mortgage sums as a share of the total outstanding credit balance in the economy (lenders' portion), after a provision for doubtful debts, per the Bank of Israel. As of June 2025.

Life branch market share*

Pure risk market share (excluding savings) – Accumulated individual death risk, according to the Capital Market, Insurance and Savings Authority ,as of 31.12.2024