Bank Hapoalim B M : Immediate Report on a Senior Office Holder Who Ceased Holding His Office

The following is an unofficial translation of the Hebrew report and has been prepared for convenience

only. In case of any discrepancy, the Hebrew version prevails.

מ"עב םילעופה קנב

Bank Hapoalim B.M.

Number with the Registrar: 520000118

Securities Authority	Tel Aviv Stock Exchange Ltd.	Tav 094	Transmitted via Magna: 03/01/2021
www.isa.gov.il	www.tase.co.il	(Public)	Reference: 2021-01-000082

Immediate Report on a Senior Office Holder Who Ceased Holding His Office

Regulation 34(a) of the Securities (Periodic and Immediate Reports)

Regulations, 5730-1970

Explanation: In accordance with Regulation 34(d) of the Securities (Periodic andImmediate Reports) Regulations, 5730-1970, a list of senior office holders should be submitted in the framework of Tav 097, concurrently with the submission of this form.

Reference numbers of previous reports on the subject: _______ _________ _________

1. First Name:	Moshe
Name of Corporation / Family Name:	Koren

Name of Corporation / Family Name and First Name in English: Moshe Koren

Category of Identification Number: Identity Document Number

Identification Number: 1228998

Citizenship /Country of Incorporation or Registration: Private person with Israeli citizenship

Country of Citizenship / Incorporation or Registration: ___________________

2. The office that he has ceased to discharge:

1 Ordinary Director

____________

Explanation:

The following particulars should be filled in if he has ceased todischarge the office of a director who was appointed on behalf of a Corporation that is a director

Name of the director corporation that appointed the individual: _________________

Category of Identification Number: ______________________

Identification Number:______________________

Citizenship / Country of Incorporation or Registration: ___________________

Country of Citizenship / Incorporation or Registration: __________________

3. Date on which he ceased or will cease to hold office: 31/12/2020

Date on which he began to hold office: 03/08/1992

4. To the best of the Corporation's knowledge the retirement: Does not involve circumstances that should be brought to the knowledge of the holders of securities of the Corporation.

_________

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Explanation: If the retirement involved circumstances which should be brought to the knowledge of the holders of the securities of the Corporation, details should be given.

1. Manner in which office came to an end: End of term of office
2. The office of the Corporation which he continues to hold: He holds no office of the Corporation
   ____________
   Does he continue to serve as a senior office holder of the Company? No
   Explanation: If he serves as an authorized electronic signatory and his job title has been changed - a report should be made on Form Tav 300. If he does not hold any office of the Corporation - a report should be made concurrently on Form Tav 301.

7. Was the director a member of a directors' committee Yes

Name of the committee Credit Committee (Chairman), Risk Management and Control Committee (Chairman), Audit Committee and Remuneration Committee.

8. Will the senior office holder continue after his retirement to be an interested party by virtue of holdings:

No / By virtue of being a senior office holder as required under Regulation 33(h) of the Securities (Periodic

and Immediate Reports) Regulations, 5730-1970No

1. Did the company view the retiring director as having accounting and financial expertise? Yes
2. Following is the text of the notice of resignation of an external director and the reasons for resigning

__________

__________

Explanation: Should only be filled in if it concerns the resignation of an external director.

1. Did the Company consider the retiring director as an independent director? No

Did the proportion of independent directors serving on the Board of Directors fall below the proportion of independent directors required under the provision in the Articles of Association regarding the independence of the Board of Directors? Irrelevant

Notwithstanding the retirement, is there a majority of independent directors? ________

1. The date and time when it first became known to the Corporation of the event or the matter referred to in the report: On 31/12/2020 at 23:59 PM.

Particulars of the signatories authorized to sign on behalf of the corporation:

	Name of Signatory	Job Title
1	Gilad Bloch	Other
		Secretary of the Bank
2	Amit Levy	Other
		Legal Advisor to the Board of Directors

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Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations, 5730-1970,

a report filed pursuant to these Regulations should be signed by the persons authorized to sign on behalf of the corporation. ISA Staff position on the subject can be found on the website of the Authority: Press here.

The reference numbers of the previous documents on the subject (any citation made does not constitute inclusion by way of reference):

The securities of the Corporation are listed for trading on the Tel Aviv Stock Exchange Date on which the structure of the form was updated: 31/12/2020

Abbreviated Name: Poalim

Address: POB 27, Tel Aviv 6100001 Telephone: [phone] 3333, Fax: [phone]

Electronic Mail:[e-mail] Website:http://www.bankhapoalim.co.il

Previous names of reporting entity:

Name of Electronic Reporter: Bloch Gilad, His Job Title: Secretary of the Bank, Name of Employing Company:

Address: Yehuda Halevy 63, Tel-Aviv 6578109, Telephone: [phone] Fax: [phone],

Electronic Mail:[e-mail]

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