Re: A judgment by the Tel Aviv Regional Labor Court, approving an agreed motion for withdraw from motion to certify a claim as a class action against The Phoenix Insurance Company Ltd. The Company is hereby honored to announce that a judgment was rendered on April 19, 2022 by the Tel Aviv Regional Labor Court, approving an agreed motion for the plaintiff to withdraw from the motion to certify a claim as a class action, which was filed against a subsidiary of the Company, The Phoenix Insurance Company Ltd. (hereinafter: "The Phoenix Insurance"), and which is concerned with the argument that The Phoenix Insurance refuses to pay its life insurance policyholders in life insurance policies the benefit annuity they are entitled to for in respect of the first month after the end of the insurance period (the first month of their retirement) (See details in the Immediate Report dated February 18, 2020 (Reference No. 2020-01-014464) and in Note 43A (35) to the Company's financial statements as of December 31, 2021, which were published on March 29, 2022 (Reference No. 2022-01-036997)).This brings this proceeding to an end. 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:	27/04/2022
	www.isa.gov.il			www.tase.co.il				Reference:	2022-01-051892	Time of broadcast: 21:17 21:17

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:   _________   _________   _________

_________

Attached hereto is a report on Re: A judgment by the Tel Aviv Regional Labor Court, approving an agreed motion for withdraw from motion to certify a claim as a class action against The Phoenix Insurance Company Ltd. The Company is hereby honored to announce that a judgment was rendered on April 19, 2022 by the Tel Aviv Regional Labor Court, approving an agreed motion for the plaintiff to withdraw from the motion to certify a claim as a class action, which was filed against a subsidiary of the Company, The Phoenix Insurance Company Ltd. (hereinafter: "The Phoenix Insurance"), and which is concerned with the argument that The Phoenix Insurance refuses to pay its life insurance policyholders in life insurance policies the benefit annuity they are entitled to for in respect of the first month after the end of the insurance period (the first month of their retirement) (See details in the Immediate Report dated February 18, 2020 (Reference No. 2020-01-014464) and in Note 43A (35) to the Company's financial statements as of December 31, 2021, which were published on March 29, 2022 (Reference No. 2022-01-036997)). This brings this proceeding to an end.

_________

	Reference to parallel Hebrew report:	2022-01-050443
	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 which was published on the 25 of April 2022 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: 27/04/2022
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