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MIZRAHI TEFAHOT BANK LTD.

Registration Number: 520000522

To:

Israel Securities Authority
www.isa.gov.il

To:

Tel Aviv Stock Exchange Ltd
www.tase.co.il

Form Number: T087 (Public)

Filed on MAGNA: 15/01/2026

Reference: 2026-01-006579

Capital Book, Grant of Rights to Purchase Shares, and Registry of Securities of the Corporation and the 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

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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.

Nature of the Change:

Issuance of security Mizrahitap 2036\$RM and exercise of options by employees

Reference numbers of previous reports on the subject:

2026-01-001326
2026-01-006292
2026-01-004368

1. The Security Capital Structure of the Corporation After the Change:

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Name & Type of Security	TASE Symbol	Registered Capital Quantity	Most Recent Filing	Current Quantity	Quantity Registered in the Nominee Company
Ordinary Shares 0.1 NIS par value each, Mizrahi Tefahot	695437	400,000,000	259,956,569	259,960,026	201,171,557
Miztaf Op 2021	6950844	0	4,500	4,500	0
Miztaf Op 2022	6950869	0	356,414	356,414	0
Miztaf Op 2023	1196823	0	739,176	720,176	0
Miztaf Op 2024	1209261	0	3,645,742	3,645,742	0
Miztaf Op 2025	1221357	0	3,927,739	3,927,739	0
Mizrahitap 2031\$RM	6950836	0	600,000,000	600,000,000	600,000,000
Mizrahitap 2036\$RM	1233808	0	0	750,000,000	750,000,000

Note: All company securities should be detailed, including securities not listed for trading.

2. The Corporation Notifies That:

From Date: 01/01/2026 To Date: 15/01/2026

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

Issuance of security Mizrahitap 2036\$RM and exercise of options by employees

Section 1 – Details of Changes

1.

Name of registered holder: Mizrahi Tefahot Registration Company Ltd.
ID type: Company Registrar in Israel
ID Number: 510422249
Nature of change: Other International private placement to institutional investors
Change date: 15/01/2026
Executed through the TASE Clearing House: Yes
Security type and name: Mizrahitap 2036\$RM
TASE Number: 1233808
Holder's balance in the last report: 0
Holder's balance after the change: 750,000,000
Total securities increase/decrease: 750,000,000
Is this a grant of rights to purchase shares: No
Total proceeds for allocated securities: _________
TASE number of the share derived upon exercise: _________
Number of shares derived upon full exercise/conversion: _________
Additional consideration upon full exercise/conversion: _________
Period during which the security can be exercised: _________
From: _________ to: _________
Allocated securities will be registered for trading: _________
The allocation is subsequent to: _________ published on: _________ Reference No.: _________
Security was fully paid and consideration was fully received.

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Name of registered holder: Altshuler Trusts Ltd.

ID type: Company Registrar in Israel

ID Number: 513901330

Nature of change: Other - Exercise of options by employees, Miztaf Op 2023

Change date: 15/01/2026

Executed through the TASE Clearing House: No

Security type and name: Miztaf Op 2023

TASE Number: 1196823

Holder's balance in the last report: 739,176

Holder's balance after the change: 720,176

Total securities increase/decrease: 19,000 (decrease)

Is this a grant of rights to purchase shares: Yes

Total proceeds for allocated securities: 0

TASE number of the share derived upon exercise: 695437

Number of shares derived on full exercise/conversion: 211,804

Additional consideration upon full exercise/conversion: See notes at the end of this form

Period during which the security can be exercised: See notes at the end of this form

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

Allocated securities will be registered for trading: No

The allocation follows report: Employee outline published on 26/07/2021, Reference No. 2021-01-122745

Security was fully paid and consideration was fully received.

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version. For more information, please review the legal disclaimer.
Name of registered holder: Mizrahi Tefahot Registration Company Ltd.
ID type: Company Registrar in Israel
ID Number: 510422249
Nature of change: Other - Increase as a result of option exercise by employees
Change date: 15/01/2026
Executed through the TASE Clearing House: No
Security type and name: Ordinary Shares 0.1 NIS
TASE Number: 695437
Holder's balance in the last report: 201,168,100
Holder's balance after the change: 201,171,557
Total securities increase/decrease: 3,457 (increase)
Is this a grant of rights to purchase shares: No
Total proceeds for allocated securities:
TASE number of the share derived upon exercise:
Number of shares derived on full exercise/conversion:
Additional consideration upon full exercise/conversion:
Period during which the security can be exercised:
From: to:
Allocated securities will be registered for trading:
Security was fully paid and consideration was fully received.

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

Explanations:

1. If the change affects more than one security, the impact should be listed for each security separately.
1. Change date all changes of the same type, in the same security, carried out on the same day, are summed together in one line. Note: differentiate between changes via the TASE Clearing House and direct entries into the company's books.
1. For decreases, the sign "-" should be used.
1. For all quantity fields, indicate the quantity of securities, not NIS par value.

3. Major Shareholders Register as of the Reporting Date

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No.	Registered Shareholder Name	ID Type	ID Number	TASE Security Number	Type and Nominal Value of Shares	Share Quantity	Holder as Trustee
1	M.W.Z Holdings Ltd.	Company Registrar in Israel	512024225	695437	Ordinary Shares 0.1	53	No
2	F&W Registered Partnership	Company Registrar in Israel	540183118	695437	Ordinary Shares 0.1	29,275,441	No
3	L.A.B.M (Holdings) Ltd.	Company Registrar in Israel	512008442	695437	Ordinary Shares 0.1	29,512,972	No
4	Mizrahi Tefahot Registration Co. Ltd.	Company Registrar in Israel	510422249	695437	Ordinary Shares 0.1	201,171,557	No
5	Fishman Mordechai	Company Registrar in Israel	6993612	695437	Ordinary Shares 0.1	3	No

Attached:

Shareholders register file as required under Section 130 of the Companies Law, 1999: 15012026מרשםבעליהמניות_isa.pdf [Alt: Shareholders registry file as of 15/01/2026]
Updated registry file for the corporation's securities, including the register of option holders and bondholders: 15012026פנקסבעליהאופציות_isa.pdf

[Alt: Register of option and bond holders as of 15/01/2026]

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5. Authorized signatories on behalf of the corporation:

No.	Name	Position
1	Hanan Kikuzshvili	Other: Bank Secretary and Head of Bank HQ

Note: According to Regulation 5 to the Securities Regulations (Periodic and Immediate Reports), 1970, a report filed under these regulations must be signed by authorized signatories of the corporation. Staff's position on this matter can be found on the Authority's website: Click here

Notes to Section 2 of the Form:

Clarification no.2 (Miztaf Op 2023 options): The options (Miztaf Op 2023) were previously granted, without consideration, to bank employees and employees of bank subsidiaries, pursuant to option plans included in the outline published by the bank on 26.07.2021 (Reference no.: 2021-01-122745). For matters concerning the number of shares resulting from exercising the options, additional consideration, and the exercise period – see the notes to the report published by the bank on 12.06.2023, reference 2023- 01-064194. This reference constitutes an incorporation by reference of the information detailed in that report (Section 2 of the form, clarification 4 and its related notes).

Notes to Section 2 – Clarification 3 (Ordinary Shares): The shares derive from the exercise of options previously granted to participants, at no consideration, according to the outline published by the bank on 26.07.2021. For further details, see, inter alia, section 2.21 of that outline.

Reference numbers of previous documents related to this topic (such references are for reference purposes only):

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

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Short Name: Mizrahi Tefahot

Address: 7 Jabotinsky St., Ramat Gan, 52520 | Phone: 03-7559720 | Fax: 03-7559923

Email: [email protected] | Company website: https://www.mizrahi-tefahot.co.il

Previous names of the reporting entity: United Mizrahi Bank Ltd.

Electronic signer name: Kikuzshvili Hanan | Position: Bank Secretary | Employer Company: Mizrahi Tefahot Bank Ltd

Address: 7 Jabotinsky St., Ramat Gan, 52520 | Phone: 03-7559219 | Fax: 03-7559923 | Email: [email protected]

AI Terminal

Mizrahi Tefahot Bank Ltd.

6932_rns_2026-01-15_3821ff4f-b2b0-4d63-b6f8-f7dbac512b4b.pdf