Migdal Insur. — Share Issue/Capital Change 2026

Mar 16, 2026

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.

Migdal Insurance and Financial Holdings Ltd.

MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD

Number in the register: 520029984

To: Israel Securities Authority

To: Tel-Aviv Stock Exchange Ltd.

T087 (Public)

Transmitted by MAGNA: 16/03/2026

www.isa.gov.il

www.tase.co.il

Reference: 2026-01-022911

Capital status, grant of rights to purchase shares and the corporation's securities registers and the changes therein

Regulation 31E of the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 31(a) of the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 31(b1) of the Securities Regulations (Periodic and Immediate Reports), 1970

Regulation 32 of the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of the change: Expiration of options

Explanation: A brief description of the nature of the change is required

Reference numbers of previous reports on the subject: _, _, ____.

1. The corporation's securities status after the change:

Name and type of security	Security No. on the stock exchange	Quantity in the registered capital	Issued and paid-up capital		Quantity registered in the name of the Registration Company
			Quantity in last report	Current quantity
Ordinary share 0.01	1081165	1,500,000,000	1,057,948,073	1,057,948,073	1,054,412,905
Options for officers in the company and in its controlled companies	1197730	0	8,753,774	8,510,400	0

Explanation: All the company's securities must be detailed, including securities not listed for trading.

1. The corporation announces that:

☐ On the date 15/03/2026

☐ From the date _ to the date _

There was a change in the quantity and in the register of holders of the corporation's securities (including rights to purchase shares) as a result of:

Description of the nature of the change Expiration of 243,374 options that are not listed for trading

Explanation: The full details of the transaction or action that caused the change in the corporation's securities must be described.

Name of registered holder in respect of whom the change occurred: IBI Trust Management

Type of identification number: Number in the Israeli Companies Register Identification number: 515020428

Nature of the change: Expiration ____

Date of the change: 01/09/2025 Executed via the stock exchange clearing house: No

Type and name of security in which a change occurred: Options for officers in the company and in its controlled companies

Security No. on the stock exchange: 1197730

Holder's balance in the security in the last report: 8,753,774

Holder's balance in this security after the change: 851,400

Total quantity of securities in which there was a decrease/increase: 243,374

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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.

Is this a grant of rights to purchase shares No

Total consideration for securities that were allotted: ____

The stock exchange number of the share that will result from the exercise of the security: ____

Number of shares that will result from full exercise/conversion of the security: ____

Total exercise premium that will be received from full exercise/conversion of the security into shares:

The period during which the security can be exercised: ____

From _ until _

The securities allotted will be registered for trading: ____

The allocation of the aforesaid securities is further to _ which was published on _ and its reference number is __

☐ The security has been fully paid up and the consideration has been fully received.
☐ The security has been fully paid up, but the consideration has not been fully received.
☐ Issued for an ATM program
☐ Other.

Expiration of options

Explanations:

1. If the change affects more than one security, the effect of the change must be detailed in a separate line for each security.
2. Date of change – all changes of the same type, in the same security, executed on one day, shall be summarized in one line. For this purpose – a distinction must be made between changes executed through the stock exchange clearing house and changes executed directly in the company's books.
3. The change – for a decrease, the sign "-" must be added.
4. In all quantity fields, the quantity of securities and not NIS par value must be filled in.

There was a change only in the register of the corporation's security holders (without a change in the quantity of the corporation's securities) as a result of:

Description of the nature of the change ____

Explanation: The full details of the transaction or action that caused the change in the register must be described

1 Name of registered holder in respect of whom the change occurred: ____

Type of identification number: _ Identification number: _

Date of the change: _ Executed via the stock exchange clearing house: _

Type and name of security in which a change occurred: ____

Security No. on the stock exchange: ____

Quantity of the change: ____

Holder's balance in this security after the change: ____

1. Main details of the share register as of the report date are as follows:

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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.

No.	Name of registered shareholder	Type of identification number	Identification number	Security number on the stock exchange	Type of shares and their par value	Number of shares	Whether holds the shares as trustee
1	Registration Company of the Tel Aviv Stock Exchange Ltd.	Number in the Israeli Companies Register	515736817	1081165	Ordinary 0.01 NIS	1,054,412,905	No

1. Attached is a file of the share register in accordance with the provisions of Section 130 of the Companies Law, 1999

2. Attached is an updated file of the corporation's securities registers, including the register of option holders and the register of BONDS holders 16032026_isa.pdf

Details of the signatories authorized to sign on behalf of the corporation:

	Name of signatory	Position
1	Adv. Sarit Perlmutter Sugarman	Company Secretary

Explanation: According to Regulation 5 of the Securities (Periodic and Immediate Reports) Regulations, 1970, a report submitted pursuant to these regulations shall be signed by those authorized to sign on behalf of the corporation. Staff's position on the matter can be found on the Authority's website: Click here.

Reference numbers of previous documents on the subject (the reference does not constitute incorporation by reference):

The corporation's securities are listed for trading on the Tel-Aviv Stock Exchange

Date of form structure update: 06/08/2024

Short name: Migdal Insurance

Address: 4 Efal, Petah Tikva4951229 Telephone: 076-8868962, 076-8868959Fax: 03-9238988

Email: migdalhold@migdal.co.il Company website: www.migdal.co.il

Previous names of reporting entity: Migdal Insurance Holdings Ltd.

Name of electronic reporter: Perlmutter-Sugarman SaritPosition: Company SecretaryName of employing company: Migdal Insurance Company Ltd.

Address: 4 Efal, Petah Tikva4951229Telephone: 076-8868962Fax: Email: saritper@migdal.co.il