The Phoenix Holdings Ltd.

Share Issue/Capital Change • Apr 17, 2025

Re: Public Issuance Results - The Phoenix Capital Raising (2009) Ltd. false

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PHOENIX FINANCIAL LTD
Corporation no: 520017450	10820
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	Israel Securities Authority			Tel Aviv Stock Exchange		�150 ( Public )		Reported via MAGNA:	17/04/2025
	www.isa.gov.il			www.tase.co.il				Reference:	2025-01-027742	Time of broadcast: 11:46 11:46

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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:   _________   _________   _________

Re: Public Issuance Results - The Phoenix Capital Raising (2009) Ltd. Following the Company's Immediate Reports dated March 26, 2025, and April 10, 2025, (Reference No.: 2025-01-020743 and 2025-01-027138, respectively) (This information constitutes an inclusion by way of reference), the Company is pleased to announce that a granddaughter company of the Company, The Phoenix Capital Raising (2009) Ltd. ("The Phoenix Capital Raising"), raised a total of NIS 786 million as part of a public offering by issuing two new series of bonds (series 16) and (series 17) ("Bonds"). The terms of the Bonds are as detailed in the Shelf Offering Report, which was published by The Phoenix Capital Raising on April 15, 2025 ("Shelf Offering Report"). In accordance with the conditions detailed in the Shelf Offering Report, the raised amount has been deposited within The Phoenix Insurance Company Ltd., a subsidiary of the Company ("Phoenix Insurance"), for use at its own discretion and responsibility. The Bonds were recognized by the Commissioner of the Capital Market, Insurance and Savings Authority at the Ministry of Finance as a Tier 2 capital instrument for Phoenix Insurance.

Attached hereto is a report on	Re: Public Issuance Results - The Phoenix Capital Raising (2009) Ltd.

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	Reference to parallel Hebrew report:	2025-01-027737
	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 17 April 2025 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