Date: July 3, 2023

To

To

Israel Securities Authority

Tel Aviv Stock Exchange Ltd.

www.isa.gov.il

www.tase.co.il

Essence of the Event: Draft Communications Order (Telecommunications and

Broadcasting) (Annual Payment Rate to the Incentive Fund) (Temporary

Provision), 2023

Further to that stated in section 22.6.1.2 of the corporation's activities chapter in the Company's annual report of the year 2022, as published on March 28,2023, (Ref.no.01- 2023-029092) (the "2022 Annual Report"), the Company is updating that on July 2, 2023, a draft Communications Order (Telecommunications and Broadcasting) (Annual Payment Rate to the Incentive Fund) (Temporary Provision), 2023 (the "Draft Order"), was published by the Minister of Communications, by virtue of his authority in accordance with the Communications Law (Telecommunications and Broadcasting ), 1982 (the "Law"), for the public's comments. In accordance with the Draft Order, it is proposed, as a temporary provision, that in the year 2023 the rate of the payment of the required entities (including the Company) to the incentive fund for the FTTH deployment in areas that are not economically viable, shall be at a rate of 0% of their taxable income (as defined in section 14a of the Law) , instead of 0.5%.

The Draft Order is subject to the signature of the Minister of Communications, the approval of the Minister of Finance and the approval of the Knesset's Economics Committee.

The Company is studying the Draft Order and its implications for the Company. From a preliminary examination, insofar as the Draft Order will be approved, the Company estimates that it is expected to result in savings in the Company's expenses in 2023 to a similar extent in the amount of payments in previous years as detailed in the Annual Report , while the amount of payment for the year 2022 was NIS 13 million.

The information included in this report, regarding the expected implications, insofar as the Draft Order will be approved, is forward looking information as defined in the Securities Law, 1968. This information might not be realized or might be realized in a manner other than described above, among others, as a result of the non-approval of the Draft Order or a change in the rate of payment from the actual taxable income of the Company in 2023.

Sincerely ,

Partner Communications Company Ltd .

Signed by: Avi Gabbay, CEO

The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.

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Partner Communications Company Ltd. published this content on 03 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 July 2023 13:21:12 UTC.