Partner Communications Co Ltd.

M&A Activity • Sep 18, 2025

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.

PARTNER COMMUNICATIONS COMPANY LTD.

("the Company")

Date: September 18, 2025

To:

Israel Securities Authority www.isa.gov.il

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

Nature of the Event: Submission of a preliminary and non-binding indication of interest document for the acquisition of the business customer operations of the HOT Group

The Company announces that on September 18, 2025, it submitted a preliminary and nonbinding indication of interest document to International Altice Group, stating that it is willing to consider the acquisition of the entire business customer operations (fixed and mobile) of the HOT Group (hereinafter: "HOT"), subject to the arrangements and conditions specified in the indication of interest document.

It is clarified that this is a preliminary and non-binding indication of interest document, which was submitted without prior negotiations between the parties, and the Company cannot assess whether its submission will lead to negotiations between the parties in connection therewith. The indication of interest document is subject, among other things, to due diligence, the formulation of commercial and legal agreements between the parties, and the receipt of the required corporate and regulatory approvals.

The information in this report includes forward-looking information as defined in the Securities Law, 1968, the realization of which is uncertain, in whole or in part, including the initiation of contacts and/or commercial negotiations between the parties, the formulation of agreed commercial terms (including regarding the consideration), the signing of a binding agreement including principal terms and schedules, as well as the receipt of the required corporate and regulatory approvals, including the approval of the Ministry of Communications and the Competition Authority, and the completion of any transaction between the parties.

Respectfully,

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.

PARTNER COMMUNICATIONS COMPANY LTD.

Signed by: Avi Gabbay, CEO of the Company

Image alt: Partner logo