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IDI Insurance Company Ltd.

Legal Proceedings Report Dec 15, 2025

6846_rns_2025-12-15_8086477e-ddb2-482d-a1a9-c527372fb165.pdf

Legal Proceedings Report

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I.D.I. INSURANCE COMPANY LTD

Number in the Registrar: 513910703

To:

Form No.: T053 (Public)

Transmitted on MAGNA: 15/12/2025 Reference Number: 2025-01-099554

Immediate Report on an Event or Matter Deviating from the Corporation's Ordinary Business

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

The results of an issuance must be reported in Form 20 and not in this form.

A report on credit rating of bonds or a corporation must be submitted via Form T125.

Report about:

Report submission delayed

Nature of the Event:

Immediate Report

    1. In continuation to the details specified in Note 12A21 to the financial statements for the third quarter of 2025, published as part of the quarterly report on November 25, 2025, reference number 2025-01-091526 (this information is included by reference) regarding a claim and a request for its approval as a class action, which was filed against the company in the Tel Aviv-Jaffa District Court (hereinafter: "the Court"), on the allegation that the respondent supposedly charges its vehicle insurance clients a separate deductible for each damage point, even if they supposedly resulted from a single insurance event, contrary to the law that allows collecting only one deductible per insurance event (hereinafter: "the request"), the company hereby announces that on December 11, 2025, the Tel Aviv-Jaffa District Court approved a joint application by the parties to withdraw the request, which included the payment of compensation, reimbursement of expenses and legal fees—to an extent immaterial to the company—clarification of the rules for charging deductible to insured parties, including at decision junctions, and a refresh of procedures.
    1. The date and time at which the corporation first became aware of the event or matter:
  • 14/12/2025 at 10:30
3. If the report was delayed—the reason for the delay:
-- -- -- -- -- -------------------------------------------------------- -- -- -- -- --
4. On the date: At: the obstacle for reporting has been removed.
5. The company is a shell company as defined in the Exchange regulations.

Details of the authorized signatories in the name of the corporation:

Name Position
Tal Friel-Man VP, Legal Advisor and Company Secretary (Other)

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.

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. Staff's position on this matter can be found on the Authority's website: Click here.

Previous document reference numbers on the topic (mention does not constitute referencing by inclusion):

The corporation's securities are not listed for trading on the Tel Aviv Stock Exchange.

Short Name: I.D.I. INSURANCE

Address: 35 Afek St, Petach Tikva, 49511

Phone: 03-5654021 Fax: 03-5627257

Email: [email protected]

Company Website: www.555.co.il

Previous names of the reporting entity:

Name of electronic reporter: Ehud (Udi) Afron

Position: External Legal Advisor

Employing Company: M. Firon & Co., Attorneys at Law

Address: 2 HaShlosha St, Tel Aviv-Jaffa, 6706054

Phone: 03-7540000 Fax: 03-7540011 Email: [email protected]

Form structure updated: 06/08/2024

No images in the original document.

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