Re: The Phoenix Pension and Provident Fund Ltd. (Subsidiary) – Immediate ReportThe Company hereby announces that on January 4, 2026, The Phoenix Pension and Provident Fund Ltd., a subsidiary of the Company (“Phoenix Pension and Provident Fund”), filed with the National Labor Court a motion for leave to appeal the decision of the Tel Aviv Regional Labor Court, which approved a motion for certification of a class action. The claim alleges that Phoenix Pension and Provident Fund acted unlawfully and in breach of an agreement when, in 2018, it transferred members of the provident fund who had joined the general investment track to a short-term investment track without obtaining their explicit written consent for such change (see details in the immediate report dated October 23, 2025 (Reference No. 2025-01-079582) and in Note 9c(6) to the Company’s financial statements as of September 30, 2025, published on November 26, 2025 (Reference No. 2025-01-092331)). false

הפניקס פיננסים בע"מ	1 818
PHOENIX FINANCIAL LTD
Corporation no: 520017450	10820

	Israel Securities Authority			Tel Aviv Stock Exchange		ת150 ( Public )		Reported via MAGNA:	06/01/2026
	www.isa.gov.il			www.tase.co.il				Reference:	2026-01-002059	Time of broadcast: 08:25 08:25

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:   _________   _________   _________

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Attached hereto is a report on Re: The Phoenix Pension and Provident Fund Ltd. (Subsidiary) – Immediate Report The Company hereby announces that on January 4, 2026, The Phoenix Pension and Provident Fund Ltd., a subsidiary of the Company (“Phoenix Pension and Provident Fund”), filed with the National Labor Court a motion for leave to appeal the decision of the Tel Aviv Regional Labor Court, which approved a motion for certification of a class action. The claim alleges that Phoenix Pension and Provident Fund acted unlawfully and in breach of an agreement when, in 2018, it transferred members of the provident fund who had joined the general investment track to a short-term investment track without obtaining their explicit written consent for such change (see details in the immediate report dated October 23, 2025 (Reference No. 2025-01-079582) and in Note 9c(6) to the Company’s financial statements as of September 30, 2025, published on November 26, 2025 (Reference No. 2025-01-092331)).

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	Reference to parallel Hebrew report:	2026-01-001618
	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: 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