Re: Tel Aviv-Jaffa District Court issued a judgment approving a request to withdraw from a motion to certify a class action against the Phoenix Insurance Company Ltd. (subsidiary) - Immediate ReportThe Company announce that on September 22, 2024, the Tel Aviv-Jaffa District Court issued a judgment approving the plaintiff's request to withdraw from the motion to certify a class action against the Company's subsidiary, The Phoenix Insurance Company Ltd. ("Phoenix Insurance").It should be noted that the motion to certify the class action was also filed against seven other insurance companies. The matter concerns the claim that policyholders whose vehicles require or necessitate lifting towing when the vehicle is disabled (which requires towing to a garage), and who purchased a service contract for towing services from the defendants, allegedly paid premiums to the defendants in vain, as the defendants provide only pull towing services and charge an additional separate fee for lifting towing, without disclosing this in the service contract (see details in the immediate report dated September 28, 2023 (reference number 2023-01-111189) and in Note 7a1(12) to the Company's financial statements as of June 30, 2024, published on August 22, 2024 (reference number 2024-01-086607)).This concludes the proceedings against Phoenix Insurance. false

הפניקס פיננסים בע"מ	1 818
PHOENIX FINANCIAL LTD
Corporation no: 520017450	14969

	Israel Securities Authority			Tel Aviv Stock Exchange		ת150 ( Public )		Reported via MAGNA:	24/09/2024
	www.isa.gov.il			www.tase.co.il				Reference:	2024-01-605561	Time of broadcast: 22:36 22:36

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: Tel Aviv-Jaffa District Court issued a judgment approving a request to withdraw from a motion to certify a class action against the Phoenix Insurance Company Ltd. (subsidiary) - Immediate Report The Company announce that on September 22, 2024, the Tel Aviv-Jaffa District Court issued a judgment approving the plaintiff's request to withdraw from the motion to certify a class action against the Company's subsidiary, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"). It should be noted that the motion to certify the class action was also filed against seven other insurance companies. The matter concerns the claim that policyholders whose vehicles require or necessitate lifting towing when the vehicle is disabled (which requires towing to a garage), and who purchased a service contract for towing services from the defendants, allegedly paid premiums to the defendants in vain, as the defendants provide only pull towing services and charge an additional separate fee for lifting towing, without disclosing this in the service contract (see details in the immediate report dated September 28, 2023 (reference number 2023-01-111189) and in Note 7a1(12) to the Company's financial statements as of June 30, 2024, published on August 22, 2024 (reference number 2024-01-086607)). This concludes the proceedings against Phoenix Insurance.

_________

	Reference to parallel Hebrew report:	2024-01-604918
	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 .

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note that the attached report is a convenience translation only and the parallel Hebrew immediate report which was published on 23 September, 2024 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: 06/08/2024
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 אחזקות בע"מ, הפניקס הישראלי חברה לבטוח בע"מ
Name of the Signatory: סירקיס אלעד Position of Signatory in the reporting corporation: Name of Employer Company: הפניקס חברה לביטוח בע"מ
Address: דרך השלום 53 , גבעתיים 5345433 Telephone: 074-7315656 Facsimile: 03-7238855 E-mail: Elads1@fnx.co.il 1