Rejection judgment to a motion to certify a claim as a class action against The Phoenix Insurance Company LtdOn October 26th, 2021, a judgment was rendered by the Tel Aviv-Yafo District Court, which rejects a motion to certify a class action lawsuit filed against a subsidiary of the Company, The Phoenix Insurance Company Ltd. (Hereinafter: "The Phoenix Insurance"), and which is concerned with the claim that The Phoenix Insurance misleads policyholders when it sells them an insurance product that can hardly be used, in view of the prohibition that applies to soldiers in military service to receive medical service from civilian sources, except for certain exceptions (See details in the Immediate Report dated February 7th, 2018 (Reference No. 2018-01-011061) and in Note 7A(24) to the Company's financial statements as of June 30th, 2021, which were published on August 25th, 2021 (Reference No. 2021-01-070180)).This brings the proceedings to an end, subject to the Plaintiffs' right to appeal. false

הפניקס אחזקות בע"מ	1 818
THE PHOENIX HOLDINGS LTD
Corporation no: 520017450	10820

	Israel Securities Authority			Tel Aviv Stock Exchange		ת150 ( Public )		Reported via MAGNA:	28/10/2021
	www.isa.gov.il			www.tase.co.il				Reference:	2021-01-161082	Time of broadcast: 20:35 20:35

English language report to Israeli corporate

This 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:   _________   _________   _________

The original Hebrew report was published on the 27 of October 2021.

Attached hereto is a report on Rejection judgment to a motion to certify a claim as a class action against The Phoenix Insurance Company Ltd On October 26th, 2021, a judgment was rendered by the Tel Aviv-Yafo District Court, which rejects a motion to certify a class action lawsuit filed against a subsidiary of the Company, The Phoenix Insurance Company Ltd. (Hereinafter: "The Phoenix Insurance"), and which is concerned with the claim that The Phoenix Insurance misleads policyholders when it sells them an insurance product that can hardly be used, in view of the prohibition that applies to soldiers in military service to receive medical service from civilian sources, except for certain exceptions (See details in the Immediate Report dated February 7th, 2018 (Reference No. 2018-01-011061) and in Note 7A(24) to the Company's financial statements as of June 30th, 2021, which were published on August 25th, 2021 (Reference No. 2021-01-070180)). This brings the proceedings to an end, subject to the Plaintiffs' right to appeal.

translation2610_isa.pdf

	Reference to parallel Hebrew report:	2021-01-091624
	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	Meni Neeman	Other Chief Legal Officer & Company 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 .

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note that the attached report is a convenience translation only and the parallel Hebrew immediate report is the binding report.
References of previous documents relating to this matter(the reference does not constitute incorporation by reference):
Stock Exchange/Market: הפניקס	Date of revision of form structure: 19/10/2021
Address: דרך השלום 53 , גבעתיים 53454   , Tel: 03-7332997 , 03-7338174 Fax: 03-7238855
E-mail address: menin@fnx.co.il
Previous names of reporting entity: הפניקס הישראלי חברה לבטוח בע"מ
Name of the Signatory: נאמן מנחם Position of Signatory in the reporting corporation: Name of Employer Company:
Address: דרך השלום 53 , גבעתיים 53454 Telephone: 03-7332997 Facsimile: 03-7238831 E-mail: menin@fnx.co.il 1