The Phoenix Holdings Ltd. — Board/Management Information 2021

Aug 18, 2021

-Convenience Translation Only-The Hebrew immediate report is the binding report-

18.8.2021

The Phoenix Holdings Ltd. ("the Company")

To To

The Securities Authority The Tel Aviv Stock Exchange Ltd.

www.isa.gov.il www.tase.co.il

Re: The Phoenix Insurance Company Ltd. – Appointment of Director

The Company is honored to announce that on August 17, 2021, the subsidiary, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), received approval from the Supervisor of the Capital Market, Insurance and Savings Authority for the appointment of Mr. Roger Abravanel, as a director of Phoenix Insurance. The appointment is in effect as of August 12, 2021.

Respectfully,

The Phoenix Holdings Ltd. c/o Attorney Meni Neeman, Chief Legal Counsel and Secretary of the Company