News Release

Bezeq – The Israeli Telecommunications Corp. Ltd.

(the “Company”)

Attn.                                                   

Israel Securities Authority                                                                                                                                                                      Tel Aviv Stock Exchange Ltd.

Immediate Report - Appointment of Market Makers for the Company’s Shares         

Holon, Israel – November 9, 2025 – Bezeq The Israeli Telecommunications Corp. Ltd. (the "Company") (TASE: BEZQ), announced today that two market makers, Migdal Capital Markets Ltd. and Proxima Dynamics Ltd., were appointed to operate in the Company’s shares. This follows the Company’s engagement with the Tel Aviv Stock Exchange Ltd. (the “TASE”) under an agreement to establish a Tailor-Made Market Making Program for the Company’s shares (the “Program”). 

Under the Program, the TASE will be responsible for supervising the market makers’ compliance with the TASE rules, guidelines, and board resolutions, as may be amended from time to time. Payment to the market makers will include a fixed component for their activity and a variable component based on their performance. The total amounts payable by the Company in connection with the market-making activity are not material to the Company. 

The parties intend to operate the Program for a period of at least one year. It should be noted that each party may terminate the Program by giving 60 days’ prior notice. Notwithstanding the foregoing, during the first year from the commencement date of the market makers’ activity, neither party shall be entitled to give notice of termination of the Program, except in the case of a regulatory constraint. Market making in the Company’s shares is expected to commence on November 20, 2025. 

Yours sincerely,

“Bezeq” The Israel Telecommunication Corp Limited

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.