Annual Financial Review 2021

2021 Annual Financial Review 2

CEO, Dov Kotler

Opening

CFO, Ram Gev

Financials & strategy

2021 Annual Financial Review 3

Disclaimer

This presentation includes condensed information and selected data from Bank Hapoalim's 2021 annual financial results.

This presentation is not a substitute for the Bank's 2021 Annual Financial Statements which include the full financial information including forward-looking information. The financial statements are available on the Bank's website at www.bankhapoalim.com- Investor Relations/Financial Information.

Some of the information in this presentation that does not refer to historical facts constitutes forward-looking information, as defined in the Securities Law. Forward looking statements regarding the Bank's business, financial condition and

results of operations, are subject to risks and uncertainties, that may cause actual results to differ materially from those contemplated. Such forward looking statements, include, but are not limited to, product demand, pricing, market

acceptance, changing economic conditions, risks in product and technology development and the effect of the Bank's accounting policies, as well as certain other risk factors which are detailed from time to time in the Bank's filings with the securities authorities.

Special items in ROE and net profit refer to provision made in relation to the investigation of the US authorities and related legal proceedings, the effect of the

closure of the Bank's private banking activities overseas, loss/profit from the separation from Isracard, and loss from impairment relating to Bank Pozitif. Special items in expenses refer to provisions made in relation to the investigation of the US authorities (including exchange rate

differentials) and related legal proceedings, and the effect of the closure of the Bank's private banking activities overseas.

2021 Annual Financial Review 4

CEO, Dov Kotler

Opening

2021 Annual Financial Review 5

2021 - a remarkable year for Bank Hapoalim

4.9Bn

Net profit

11.8%

ROE

16.8% 9.2%

Total Total

credit income

growth growth

54.2% 10.96%

Cost- CET-1

income ratio ratio

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Bank Hapoalim BM published this content on 08 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2022 14:12:07 UTC.