Israel Discount Bank Ltd.

Board/Management Information • Dec 18, 2025

ISRAEL DISCOUNT BANK LTD

Company Number: 520007030

To:

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

Form Number: T094 (Public)

Date Broadcast on MAGNA: 18/12/2025

Reference Number: 2025-01-101077

Immediate Report Regarding Senior Officer Who Ceased to Hold Office

Regulation 34(a) to the Securities Regulations (Periodic and Immediate Reports), 5730-1970

Explanation: As per Regulation 34(d) of the Securities Regulations (Periodic and Immediate Reports) 5730-1970, a list of senior officers must be submitted simultaneously with this form on Form T097.

Reference numbers of prior reports on the topic: _________ , _________ , _________ .

1. First Name:

Elik Israel

Surname / Name of Corporation:

Etzion

First and Last Name in English / Name of Corporation in English: ELIK ISRAEL ETZION

Type of ID:

Identity Card Number

ID Number: 027450626
Citizenship / Country of Incorporation or Registration: Individual with Israeli citizenship
Country of Citizenship / Incorporation or Registration:
2. Position Ceased to Hold:
1. Regular Director
Explanation: The following details should be filled if he ceased to serve as a director appointed by a corporation that is itself a director.
Corporation that appointed the individual as director:
Type of Corporate ID:
Corporate ID Number: Citizenship / Country of Incorporation or Registration:
Country of Citizenship / Incorporation or Registration:
3. Date of Cessation or Date Will Cease to Serve: 18/12/2025 Start Date of Tenure: 16/02/2025
4. According to the Best Knowledge of the Corporation, the Retirement:
Is not related to circumstances which must be brought to the attention of security holders in the corporation.
Explanation: If the retirement is related to circumstances that should be brought to the attention of securities holders, please specify:

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.

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.
5. Manner of Ending Tenure:
Resignation Other Reason:
6. Position the Officer Continues to Hold in the Corporation:
Does not hold any position within the corporation
Does he continue to serve as a senior officer in the company? No
Explanation: If serving as an authorized electronic signatory and the position title has changed – report on Form T300. If not holding any position in the corporation – report concurrently on Form T301.
7. Was the director a member of a board committee?
Yes
Committee Name: Technologies and Innovation Committee
8. Will the senior officer continue after his retirement to be an "interested party" due to holdings or due to his position as a senior officer as required under Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 5730-1970?
No / No
9. Did the company consider the director who retired as having accounting and financial expertise?
No
10. Below is the text of the resignation notice of the external director and the reasons for the resignation:

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.

Attachment:

Explanation: Only complete if this is a resignation of an external director.

11. Did the company consider the retired director as an independent director?

No

_________

Has the percentage of independent directors serving on the board dropped below the minimum required for board independence as stipulated in the articles of association? No

Despite the retirement, is there still a majority of independent directors? Yes

12. Date and time the corporation first became aware of the event or matter being reported:

Date: 18/12/2025 Time: 08:30

Details of Authorized Signatories Signing on Behalf of the Corporation:

	Name	Position
1	Adv. Michal Sokolov Danok	Other (Bank Secretary)

Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) 5730-1970, a report submitted under these regulations shall be signed by the authorized persons to sign on behalf of the corporation. Staff positions can be found on the authority's website: Click here.

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

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.

Short Name: Discount

Address: Discount 1, Rishon LeZion 7574602

Phone: 03-9439111 Fax: 03-5171674

Email: michal.sd@dbank.co.il

Name of Electronic Reporter: Sokolov-Danok Michal

Position: Bank Secretary

Address: Discount 1, Rishon LeZion 7574602

Phone: 076-8054499 Fax: 03-5171674

Email: michal.sd@dbank.co.il

Previous Report Reference Numbers Regarding This Matter:

Not provided.

Previous Names of the Reporting Entity:

Not provided.

This is an immediate report regarding the cessation of tenure of ^a director at ISRAEL DISCOUNT BANK LTD. No information was reported that needs to be brought to the attention of security holders, nor were any special circumstances disclosed. There are no images in the original document.