The Phoenix Holdings Ltd.

Legal Proceedings Report • Aug 18, 2024

Re: A Claim and a Motion to Certify the Claim as a Class Action Against The Phoenix Insurance Company Ltd. (subsidiary) - Immediate ReportNotice is hereby given that a Claim has been filed at the Center District Court � against a subsidiary of the Company, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), accompanied by a motion to certify the claim as a class action ("Claim").The Claim concerns group health insurance and alleges that Phoenix Insurance does not publish on its website, or otherwise, the price list for doctors covered by the agreement and has not fully reimbursed policyholders for surgery with a non-covered doctor or for a procedure replacing surgery with a non-covered service provider.The total damage claimed for all group members can not be assessed at this stage, however, the plaintiff stated that the estimated damage exceeds a total of NIS 2.5 million.It should be noted that the plaintiff refers in the Claim to two requests for class action approval, which, according to him, have a similar factual background and were filed against another insurance company and concluded in a settlement.At this stage, Phoenix Insurance is studying the details of the lawsuit, and therefore it is not possible to assess the chances of its approval as a class action, and if it is approved, it is not possible to assess its chances of success. false

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THE PHOENIX HOLDINGS LTD
Corporation no: 520017450	10820
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	Israel Securities Authority			Tel Aviv Stock Exchange		�150 ( Public )		Reported via MAGNA:	18/08/2024
	www.isa.gov.il			www.tase.co.il				Reference:	2024-01-083652	Time of broadcast: 00:00 00:00

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English language report to Israeli corporateThis form is for reports that has been translated to English (convenience translation) and should be published alongside with the report in Hebrew in accordance with the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970.

References of previous reports relating to this matter:   _________   _________   _________

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Attached hereto is a report on

Re: A Claim and a Motion to Certify the Claim as a Class Action Against The Phoenix Insurance Company Ltd. (subsidiary) - Immediate Report Notice is hereby given that a Claim has been filed at the Center District Court � against a subsidiary of the Company, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), accompanied by a motion to certify the claim as a class action ("Claim"). The Claim concerns group health insurance and alleges that Phoenix Insurance does not publish on its website, or otherwise, the price list for doctors covered by the agreement and has not fully reimbursed policyholders for surgery with a non-covered doctor or for a procedure replacing surgery with a non-covered service provider. The total damage claimed for all group members can not be assessed at this stage, however, the plaintiff stated that the estimated damage exceeds a total of NIS 2.5 million. It should be noted that the plaintiff refers in the Claim to two requests for class action approval, which, according to him, have a similar factual background and were filed against another insurance company and concluded in a settlement. At this stage, Phoenix Insurance is studying the details of the lawsuit, and therefore it is not possible to assess the chances of its approval as a class action, and if it is approved, it is not possible to assess its chances of success.

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	Reference to parallel Hebrew report:	2024-01-082557
	This report was not reported in Hebrew.

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

	Name of the signer	Corporate Role
1	Elad Sirkis	Secretary _________

Note: According to Rule 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these Regulations will be signed by the authorized persons to sign on behalf of the corporation. For the ISA staff notice Click here .2 2

note that the attached report is a convenience translation only and the parallel Hebrew immediate report which was published on 14 August, 2024 is the binding report.
References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
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Stock Exchange/Market: ������	Date of revision of form structure: 06/08/2024
Address: ��� ����� 53 , ������� 53454   , Tel: 03-7332997 , 03-7338174 Fax: 03-7238855
E-mail address: menin@fnx.co.il
Previous names of reporting entity: ������ ������� ���� ����� ��"�
Name of the Signatory: ���� ���� Position of Signatory in the reporting corporation: Name of Employer Company:
Address: ��� ����� 53 , ������� 53454 Telephone: 03-7332997 Facsimile: 03-7238831 E-mail: menin@fnx.co.il 1