Re: Central District Court issued a judgment approving an agreed request to withdraw from a motion to certify a class action against the Phoenix Insurance Company Ltd. (subsidiary)The Company announce that on November 4, 2024, the Central District Court issued a judgment approving the plaintiff's agreed request to withdraw from the motion to certify a class action against the Company's subsidiary, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), which concerns the claim that when a policyholder of a comprehensive motor insurance policy has an insured event, due to which they file insurance claims and/or demands and/or request for insurance benefits, and decides to repair his/her car at an auto-repair shop that is not among the auto-repair shops that “participate” in The Phoenix Insurance’s arrangement, The Phoenix Insurance offsets various amounts from the insurance benefits due to spare parts costs, and thus, the policyholder allegedly ends up receiving insurance compensation that does not cover the true cost of the damage they incurred as determined in the appraiser’s assessment. (see details in the immediate report dated April 4, 2023 (reference number 2024-01-613902) and in Note 43a1(47) to the Company's annual financial statements as of December 31, 2023, published on March 27, 2024 (reference number 2024-01-026677).This concludes the proceeding. 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:	05/11/2024
	www.isa.gov.il			www.tase.co.il				Reference:	2024-01-613944	Time of broadcast: 14:28 14:28

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: Central District Court issued a judgment approving an agreed request to withdraw from a motion to certify a class action against the Phoenix Insurance Company Ltd. (subsidiary) The Company announce that on November 4, 2024, the Central District Court issued a judgment approving the plaintiff's agreed request to withdraw from the motion to certify a class action against the Company's subsidiary, The Phoenix Insurance Company Ltd. ("Phoenix Insurance"), which concerns the claim that when a policyholder of a comprehensive motor insurance policy has an insured event, due to which they file insurance claims and/or demands and/or request for insurance benefits, and decides to repair his/her car at an auto-repair shop that is not among the auto-repair shops that “participate” in The Phoenix Insurance’s arrangement, The Phoenix Insurance offsets various amounts from the insurance benefits due to spare parts costs, and thus, the policyholder allegedly ends up receiving insurance compensation that does not cover the true cost of the damage they incurred as determined in the appraiser’s assessment. (see details in the immediate report dated April 4, 2023 (reference number 2024-01-613902) and in Note 43a1(47) to the Company's annual financial statements as of December 31, 2023, published on March 27, 2024 (reference number 2024-01-026677). This concludes the proceeding.

_________

	Reference to parallel Hebrew report:	2024-01-613902
	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 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