Bank Hapoalim B M : Immediate Report on the Appointment of a Director (Who Is Not a Corporation) or an Individual Who Holds Office on Behalf of a Corporation That Is a Director of a Private Company

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 093 Transmitted via Magna: 03/01/2021
www.isa.gov.il	www.tase.co.il	(Public) Reference: 2021-01-000085

Immediate Report on the Appointment of a Director (Who Is Not a Corporation) or an

Individual Who Holds Office on Behalf of a Corporation That Is a Director of

a Private Company

Regulation 34(b) of the Securities (Periodic and Immediate Reports) Regulations, 5730-1970

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

1. Family Name and First Name:	Fischer Stanley
Family Name and First Name in English	Stanley Fischer
as it appears in the passport
Gender	Male
Category of Identification Number:	Identity Document Number
Identification Number:	327487971
Citizenship:	Private person with Israeli citizenship
Country of Citizenship:

1. Date of Birth: 15/10/1943
2. Address for Service of Legal Process: Aloni Nissim 5 Tel Aviv
3. The Offices to which Appointed:

_______________________

Ordinary Director

If appointed as chairman of the board of directors of the Corporation, does he also serve as CEO or is he a relative of the CEO ______

The appointment was approved by a general meeting on ____________

If appointed as chairman of the board of directors, does he fulfil any additional functions in the Company _____ Give details _______________

5. Previous Office in the Company prior to the Appointment:

None	________

6. Date of Commencement of Office: 01/01/2021

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7. Academic Education:

Degree	Field	Name of Academic Institution
Bachelor's	Economics	London School of Economics
Master's	Economics	London School of Economics
Doctor's	Economics	Massachusetts Institute of Technology

Other Education and Professional Diplomas: _______

8. Main Occupations during the Last 5 Years:

Position Held		Place of			Category of			Identifying		Period of Time
		Employment			Identifying			Number		Position Held
				Number
Deputy Chairman		Federal Reserve	_________		__________		May 2014 till October 2017
of the Federal				_________
Reserve
					◙ Irrelevant
External Advisor		Black Rock Inc	_________		__________		February 2019 till November
				_________					2020
					◙ Irrelevant

1. Appointed as substitute director of _________ and his term of office is until ________
   Explanation: To be filled in if appointed as a substitute director.
2. The director does not hold office as a director of another corporation.
   Explanation: If he holds office as a director of another corporation, the corporations in which he serves as a director should be specified.
   ____________
3. The director is not an employee of the Corporation, of a subsidiary company, of a related company thereof or of an interested party thereof.
   Explanation: If he is an employee of the Corporation or a subsidiary company, a company related to it or of an interested party thereof, the offices he holds should be specified as aforesaid.
   ____________
4. The director is not a member of the family of another interested party of the Corporation. Explanation: If the director is a member of the family of another interested party of
   the Corporation, please give particulars.
   ____________

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13. a. The director does not hold any securities of the Corporation. Following is an inventory of his holdings:

	Name, Class			Number of		Quantity of	Dormant	Extent of Holding	Extent of Holding
	and Series			the Security		securities				(Fully Diluted)
	of the			on the Stock				Capital	Voting	Capital	Voting
	Security			Exchange
________		________		________	________	_______	_______	________	________
								_	_

b. The director does not hold any securities of an affiliate of the reporting corporation if its activity is material to the activity of the reporting corporation.

Following is an inventory of his holdings:

Number of	Name of	Name of Corporation	Category of	Identification Number
Corporation	Corporation	in English	Identification Number	of the Corporation
1	__________	_______________	_________________	_______________

14. The director is a member of a committee or committees of the Board of Directors:

Explanation: If the director is a member of a committee or committees of the Board of Directors, please give particulars.

Risk Management and Control Committee; Committee for Tracking the Implementation of the Bank's Arrangements with the U.S. Authorities

.

15. Does the company view the director as having accounting and financial expertise? Yes.

16. Does the company view the director as being independent? No.

How did he become independent ______________ on ____________

17. The director's declaration pursuant to Section 224 B of the Companies Law: __________.

Explanation: The director's declaration is required to be attached even when the director's appointment has been made other than by the General Meeting.

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

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.

On 31.12.2020 the Supervisor of Banks notified the Bank that he has no objection to the appointment of Prof. Stanley Fischer as a director of the Bank.

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

2020-01-0936672020-01-115482

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

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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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