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Mizrahi Tefahot Bank Ltd.

Major Shareholding Notification Jan 5, 2026

6932_rns_2026-01-05_61ce284e-71c8-42d6-a52b-839c8e0694c0.pdf

Major Shareholding Notification

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Exercise of Employee Warrants

MIZRAHI TEFAHOT BANK LTD.

Registry Number: 520000522 Form Number: T087 (Public) Transmitted on: 05/01/2026 Reference: 2026-01-001326

Capital Structure, Granting of Rights to Purchase Shares, and Securities Registers of the Corporation and Changes Therein

Regulation 31e to the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(a) to the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 31(b1) to the Securities Regulations (Periodic and Immediate Reports), 1970 Regulation 32 to the Securities Regulations (Periodic and Immediate Reports), 1970

Nature of change:
------------------- -- -- --

Exercise of employee warrants

Explanation: Please describe briefly the nature of the change

Previous report references: 2025-01-089487, _________, _________.

  1. The corporation's securities status after the change:
Name & Type of
Security
Security
Number on
TASE
Quantity in
Registered
Capital
Issued and Paid
up Capital: Last
Report
Issued and Paid
up Capital:
Current
Amount Registered
to Registration
Company
Ordinary shares of
NIS 0.1 par value
each, Mizrahi Tefahot
695437 400,000,000 259,952,848 259,956,569 201,168,100
Miztape AP 2021 6950844 0 9,500 4,500 0
Miztape AP 2022 6950869 0 361,414 356,414 0
Miztape AP 2023 1196823 0 748,176 739,176 0
Miztape AP 2024 1209261 0 3,645,742 3,645,742 0
Miztape AP 2025 1221357 0 3,927,739 3,927,739 0
Mizrahitap 2031\$RM 6950836 0 600,000,000 600,000,000 0

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

2. The corporation announces that:

From date: 20/11/2025 to date: 31/12/2025

Change occurred in the quantity and register of securities holders (including rights to purchase shares) of the corporation due to:

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.

Description of nature of change:

Exercise of employee warrants

Explanation: Please describe all details of the transaction or action by which the change in the corporation's securities occurred.

Table of Registered Holders Affected by the Change:

1. Name of registered holder for whom the change occurred: Altshuler Trusts Ltd.

Identification Type: Israeli Registrar of Companies Number

ID Number: 513901330

Nature of change: Other – Exercise of employee warrants, Miztape AP 2021

Change date: 31/12/2025

Executed via stock exchange clearinghouse: No

Type and name of security: Miztape AP 2021

Security Number: 6950844

Holder's balance in last report: 9,500 Holder's balance after change: 4,500

Total quantity of securities decreased/increased: 5,000

Is this a grant of rights to purchase shares: Yes

Total consideration for allocated securities: 0

TASE number for share arising on exercise: 695437

Number of shares to result from full exercise/conversion: 1,634

Total consideration to be received upon exercise: See notes below

Period in which securities may be exercised: See notes below

From: 05/09/2023 Until: 30/09/2027

Allocated securities will be listed for trading: No

The allocation of these securities follows: Employee option plan report published on: 26/07/2021, reference number: 2021-01- 122745

Security is fully paid up and consideration received in full.

2. Name of registered holder for whom the change occurred: Altshuler Trusts Ltd.

Identification Type: Israeli Registrar of Companies Number

ID Number: 513901330

Nature of change: Other – Exercise of employee warrants, Miztape AP 2022

Change date: 31/12/2025

Executed via stock exchange clearinghouse: No Type and name of security: Miztape AP 2022

Security Number: 6950869

Holder's balance in last report: 361,414 Holder's balance after change: 356,414

Total quantity of securities decreased/increased: 5,000

Is this a grant of rights to purchase shares: Yes

Total consideration for allocated securities: 0

TASE number for share arising on exercise: 695437

Number of shares to result from full exercise/conversion: 114,266

Total consideration to be received upon exercise: See notes below

Period in which securities may be exercised: See notes below

From: 26/06/2024 Until: 30/09/2028

Allocated securities will be listed for trading: No

The allocation of these securities follows: Employee option plan report published on: 26/07/2021, reference number: 2021-01- 122745

Security is fully paid up and consideration received in full.

3. Name of registered holder for whom the change occurred: Altshuler Trusts Ltd.

Identification Type: Israeli Registrar of Companies Number

ID Number: 513901330

Nature of change: Other – Exercise of employee warrants, Miztape AP 2023

Change date: 31/12/2025

Executed via stock exchange clearinghouse: No Type and name of security: Miztape AP 2023

Security Number: 1196823

Holder's balance in last report: 748,176 Holder's balance after change: 739,176

Total quantity of securities decreased/increased: 9,000

Is this a grant of rights to purchase shares: Yes

Total consideration for allocated securities: 0

TASE number for share arising on exercise: 695437

Number of shares to result from full exercise/conversion: 217,392

Total consideration to be received upon exercise: See notes below

Period in which securities may be exercised: See notes below

From: 12/06/2025 Until: 30/09/2029

Allocated securities will be listed for trading: No

The allocation of these securities follows: Employee option plan report published on: 26/07/2021, reference number: 2021-01- 122745

Security is fully paid up and consideration received in full.

4. Name of registered holder for whom the change occurred: Mizrahi-Tefahot Registration Company Ltd.

Identification Type: Israeli Registrar of Companies Number

ID Number: 510422249

Nature of change: Increase as a result of exercise of employee warrants

Change date: 31/12/2025

Executed via stock exchange clearinghouse: No

Type and name of security: Ordinary shares of NIS 0.1 par value each

Security Number: 695437

Holder's balance in last report: 201,164,379 Holder's balance after change: 201,168,100

Total quantity of securities decreased/increased: 3,721

Is this a grant of rights to purchase shares: No

Total consideration for allocated securities: _________

3. Key entries in the register of shareholders at the reporting date:

No. Name of Registered
Shareholder
Type of ID ID
Number
Security
Number (TASE)
Type & Par
Value
No. of
Shares
Acts as
Trustee
1 MWZ (Holdings) Ltd. Registrar of
Companies Number
512024225 695437 Ordinary
share 0.1
53 No
2 F&W Registered Partnership Registrar of
Companies Number
540183118 695437 Ordinary
share 0.1
29,275,441 No
3 L.A.B.M. (Holdings) Ltd. Registrar of
Companies Number
512008442 695437 Ordinary
share 0.1
29,512,972 No
4 Mizrahi-Tefahot Registration
Company Ltd.
Registrar of
Companies Number
510422249 695437 Ordinary
share 0.1
201,168,100 No
5 Fishman Mordechai Registrar of
Companies Number
6993612 695437 Ordinary
share 0.1
3 No

4. Attached Files

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.

  • Shareholder register as at 31.12.2025 (PDF)
  • Alt: PDF file with shareholders registry as of 31/12/2025.
  • Updated register of corporate securities, including option and bond holders (PDF)
  • Alt: PDF file with corporate securities register, option booklet, and bond holders as of 31/12/2025.

Details of authorized signatories

No. Name of Signatory Role
1 Hanan Kikozhshvili Other: Bank Secretary and Bank Headquarters Manager

Explanation: According to Regulation 5 to the Periodic and Immediate Reports Regulations (1970), a report filed under these regulations must be signed by the persons authorized to sign on behalf of the corporation. The staff position on this subject can be found on the Authority's website: Click here

Notes to Section 2 of the Form

Note 1 (Miztape AP 2021 warrants): The warrants (Miztape AP 2021) were granted (in the past), at no cost, to bank employees and employees of bank subsidiaries, under option plans included in a prospectus published on July 26, 2021 (reference number: 2021- 01-122745). Regarding the number of shares to be derived from the exercise of the warrants, the total exercise consideration, and the period in which the security can be exercised – see the notes to the report published by the bank on September 5, 2021, reference number 2021-01-144429. This reference constitutes inclusion by way of reference to the information detailed in the cited report (Section 2 to the form, Note 1, and the notes to that note).

Note 2 (Miztape AP 2022 warrants): The warrants (Miztape AP 2022) were granted (in the past), at no cost, to bank employees and employees of bank subsidiaries, under option plans included in a prospectus published on July 26, 2021 (reference number: 2021- 01-122745). Regarding the number of shares to be derived from the exercise of the warrants, the total exercise consideration, and the period in which the security can be exercised – see the notes to the report published by the bank on June 26, 2022, reference number 2022-01-078805. This reference constitutes inclusion by way of reference to the information detailed in the cited report (Section 2 to the form, Note 3, and the notes to that note).

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.

Note 3 (Miztape AP 2023 warrants): The warrants (Miztape AP 2023) were granted (in the past), at no cost, to bank employees and employees of bank subsidiaries, under option plans included in a prospectus published on July 26, 2021 (reference number: 2021- 01-122745). Regarding the number of shares to be derived from the exercise of the warrants, the total exercise consideration, and the period in which the security can be exercised – see the notes to the report published by the bank on June 12, 2023, reference number 2023-01-064194. This reference constitutes inclusion by way of reference to the information detailed in the cited report (Section 2 to the form, Note 4, and the notes to that note).

Note 4 (Ordinary shares): The shares result from the exercise of warrants granted (in the past) to offerees, at no cost, in accordance with a prospectus published by the bank on July 26, 2021. For further details, see, among others, Section 2.21 to said prospectus.

Additional

  • Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange
  • Short Name: Mizrahi-Tefahot
  • Address: 7 Jabotinsky St., Ramat Gan, 52520; Phone: 03-7559720; Fax: 03-7559923; Email: [email protected]; Website: https://www.mizrahi-tefahot.co.il
  • Previous name of reporting entity: United Mizrahi Bank Ltd.
  • Electronic reporter: Kikozhshvili Hanan, Role: Secretary of the Bank, Employer: Mizrahi-Tefahot Bank Ltd., 7 Jabotinsky St., Ramat Gan, 52520; Phone: 03-7559219; Fax: 03-7559923; Email: [email protected]

Previous Report References:

2025-01-089487

Form structure last updated: 06/08/2024

No images are included in the document; attached files are PDF documents as listed above. The Alt text for each reflects its summary.

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