Israel Discount Bank : Periodic Report 2021

ISRAEL DISCOUNT BANK LTD. - PERIODIC REPORT 2021

Securities Regulations (Periodic and Immediate Reports), 5730-1970

Below are Details of the Sections of the Report According to the Order of the Regulations:

	Regulation
List of Investments in Subsidiaries and Affiliated Companies as at Balance Sheet Date	11
Changes in Investments in Subsidiaries and Affiliated Companies in the Reporting Period	12
Profits of Subsidiaries and Affiliated Companies and Income Therefrom in the Reporting Period	13
Credit Balances	14
Trading on the Stock Exchange	20
Remuneration to Interested Parties and to Senior Officers	21
Control of the Corporation	21 A
The Corporation's Shares and Other Securities Held by Each Interested Party of the Corporation	24 (a)
Holdings of Interested Parties in the Shares and Other Securities in Each Investee Company of the Corporation	24 (b)
Authorized Share Capital, Issued Capital and Convertible Securities	24 A
Shareholders' Register of the Corporation	24 B
Registered Address	25 A
Details of Directors	26
Details of Senior Officers	26 A
Details of the Independent Auditors	27
Change in the Memorandum or Articles of Association	28
Recommendations of the Directors to the General Meeting and Their Resolutions Not Requiring the General Meeting's
Approval, on Topics as Prescribed in the Regulation	29 (a)
Resolutions Adopted by the General Meeting That are Not in Accordance with the Board of Directors' Recommendations	29 (b)
Resolutions of a Special General Meeting	29 (c)
Resolutions of the Corporation on Topics, as Prescribed in the Regulation	29 A
Signatures	5

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ISRAEL DISCOUNT BANK LTD. - PERIODIC REPORT 2021

Securities Regulations (Periodic and Immediate Reports), 5730-1970

Regulation 11 - List of Investments in Subsidiaries and Affiliated Companies as at December 31, 2021

								Holding Rate **		Stock
							Balance				Exchange
					Cost in		Sheet Value				Closing
					Reported		in Reported				Market
Share					Amounts		Amounts				Price
No. on					as at		as at		Of	as at
the Stock	Class	Number	Par		December	December	Of	Voting	December
Exchange	of Share	of Shares	Value		31, 2021*		31, 2021*	Capital	Rights	31, 2021
			In NIS		In NIS		In NIS			In NIS
				thousands		thousands	In %	In %		thousands
A. In shares and convertible capital notes
Subsidiaries and affiliated companies in Israel
Mercantile Discount
Bank Ltd.	Ordinary A shares	62,215	6,222	392,900	3,769,090	100.00	100.00	-
	Ordinary B shares	62,055	6,205	-	-	-	-	-
	Ordinary shares	1,599	16	-	-	-	-	-
Discount Leasing Ltd.	Ordinary shares	2,000,000	2,000,000	16,375	104,542	100.00	100.00	-
Discount Manpikim Ltd.	Ordinary shares	8,000,000	8,000	66,588	65,617	100.00	100.00	-
Discount Trust Ltd.	Ordinary shares	1,250	1,250	1,243	2,674	100.00	100.00	-
Discount Gemel Ltd.	Ordinary shares	2,799,999	2,799,999	4,177	5,286	100.00	100.00	-
	Founders shares	1	1	-	-	-	-	-
Tafnit Discount Asset
Management Ltd.	Ordinary shares	876,812	876,812	1,267	16,904	69.00	69.00	-
Discount Capital Ltd.	Ordinary shares	6,121,999	6,121,999	94,250	1,171,064	100.00	100.00	-
	Founders shares	1	1	-	-	-	-	-
Discount Mortgage
Home Insurance Agency
(2005) Ltd.	Ordinary shares	2,182	2,182	-	1,722	100.00	100.00	-
"Badal" Computer and
Management Services
Ltd.	Ordinary shares	150,500	150,500	212,305	187,053	100.00	100.00	-
Nidbach Real Estate and
Investments Ltd.	Ordinary shares	255,000	255,000	145,947	231,828	100.00	100.00	-
Israel Discount Bank
Nominee Company Ltd.	Ordinary shares	5,000	1	31	1,246	100.00	100.00	-
Har Levy Properties Ltd.	Ordinary shares	11	-	-	-	100.00	100.00	-
Tzir Trading Company
Ltd.	Ordinary shares	200	-	-	-	100.00	100.00	-
	Ordinary shares of									-
Israel Credit Cards Ltd.	NIS 0.0001	788,561	79	391,950	1,732,886	71.83	79.00
	Management A
	shares	56	-	-	-	-	-	-
	Management B
	shares	1	-	-	-	-	-	-
PayBox Ltd.	Ordinary shares	50,100	501	9,998	39,389	50.10	50.10	-
	Management
	shares	50,100	501	-	-	-	-	-
Casponet Ltd. (1)	Ordinary shares	1,000	1,000	-	3,294	20.00	20.00	-
Bank Clearing Center	Ordinary shares
Ltd.		6,250,000	6,250	759	34,892	25.00	25.00	-
Bank Safe Deposit	Ordinary A shares
Boxes Ltd.		300,000	3,000	4,313	678	50.00	50.00	-
HopOn Mobility Israel	Ordinary shares		Not having a
Ltd		4,000	par value	50	163	20.00	20.00	-
Unitech Technologies
Ltd.	Preferred shares	5,500	5,500	12,294	-	20.00	20.00	-
FIMI 2001 Ltd.								20.00	20.00
FIMI Israel Opportunity
Fund L.P.	-	-	-	7,449	-	20.00	20.00	-
FIMI Opportunity Fund
L.P.	-	-	-	5,516	-	20.00	20.00	-
Subsidiaries overseas
Discount Bancorp Inc.	Ordinary shares	50,000	$5,000,000	914,816	3,602,835	100.00	100.00
Discount Reinsurance	Ordinary
International Limited	shares	500,000	$500,000	2,243	6,248	100.00	100.00

• Solely for direct holding.
• Directly or indirectly.

Footnote:

1. The Bank holds 10% of the capital and voting rights and Israel Credit Cards Ltd. holds 10% of the capital and voting rights.

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ISRAEL DISCOUNT BANK LTD. - PERIODIC REPORT 2021

Securities Regulations (Periodic and Immediate Reports), 5730-1970

Regulation 11 - List of Investments in Subsidiaries and Affiliated Companies as at December 31, 2021

						Balance		Holding Rate **
				Cost in	Sheet Value
				Reported	in Reported
Share				Amounts	Amounts
No. on				as at	as at			Of
the Stock	Class	Number	Par	December	December		Of	Voting
Exchange	of Share	of Shares	Value	31, 2021*	31, 2021*		Capital	Rights
			In NIS	In NIS	In NIS
			thousands		thousands		In %	In %

A. In shares and convertible capital notes

Investee companies of Mercantile Discount Bank Ltd.

	Ordinary
Marbit Insurance Agency (1996) Ltd.	shares	100	100	100.00	100.00
	Ordinary
Tafnit Discount Asset Management Ltd.	shares	876,812	876,812	31.00	31.00
	Ordinary
Mercantile Hanpakot Ltd.	shares	375,000	37,500	100.00	100.00
Investee companies of Discount Capital Ltd.
I.F. The International Fund	Ordinary
(Advisors) Ltd. (3)	shares	100	100	100.00	100.00
	Ordinary
Discount Underwriting and Issuing Ltd.	shares	5,641,693	5,641,693	64.23	100.00
	Ordinary
D.C.M. Venture Management Ltd.	shares	100	100	100.00	100.00
	Ordinary
Menif - Financial Services Ltd.	shares	10,508,400	10,508,400	17.40	14.30
	Ordinary
Ginegar Plastic Products Ltd.	shares	2,299,000	2,299,000	15.50	20.00
	Ordinary
ImageSat International Ltd.	shares	846,235	846,235	17.17	17.17
	Ordinary
Mlrn projects & trading Ltd.	shares	3,474,138	3,474,138	13.00	14.30
	Ordinary
Marina Group Ltd	shares	1,648	1,648	16.50	16.70
	Ordinary
Even Hachachamim Ltd.	shares	1,600,000	1,600,000	20.00	20.00
	Ordinary
Tomatech seeds Ltd.	shares	948,182	9,482	18.50	16.70
	Ordinary
Rav Ofek Ltd. (3)	shares	2,019	2,019	19.90	20.00
	Ordinary
Vitalife Life Sciences Ltd.	shares	1,000	10	20.00	20.00
Investee companies of Israel Credit Cards Ltd.
	Ordinary
Diners Club Israel Ltd.	shares	10,000	10,000	100.00	100.00
Diners Club Israel Ltd.	Preferred	1	10
	Ordinary
Diners (Financing) Ltd.(2)	shares	1,000	1,000	100.00	100.00
	Ordinary
CAL (Financing) Ltd.	shares	100,000	100,000	100.00	100.00
D.K. Credit Management and Marketing	Ordinary
Company Ltd. (3)	shares	19,999	20	100.00	100.00
	Ordinary
Iatzil Finance Ltd.	shares	100,000	1,000	100.00	100.00
Casponet Ltd. (1)
	Ordinary
CAL (Deposits) Ltd.	shares	1,000	1,000	100.00	100.00
	Ordinary
Shlomo C.A.L Ltd.	shares	2,000	2,000	20.00	20.00

• Solely for direct holding.
• Directly or indirectly. Footnotes:

1. See above under the Bank's direct holding.
2. A subsidiary of Diners Club Israel Ltd.
3. In voluntary liquidation.

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ISRAEL DISCOUNT BANK LTD. - PERIODIC REPORT 2021

Securities Regulations (Periodic and Immediate Reports), 5730-1970

Regulation 11 - List of Investments in Subsidiaries and Affiliated Companies as at December 31, 2021

						Balance		Holding Rate **
						Sheet
				Cost in		Value in
				Reported		Reported
Share				Amounts		Amounts
No. on				as at	as at			Of
the Stock	Class	Number	Par	December	December		Of	Voting
Exchange	of Share	of Shares	Value	31, 2021*	31, 2021*		Capital	Rights
			In NIS	In NIS	In NIS		In %
			thousands		thousands		In %

A. In shares and convertible capital notes

Investee companies of Discount Bancorp Inc.

	Ordinary
Israel Discount Bank of New York U.S.A.	shares	752,589	75,258,900	100.00	100.00
	Ordinary
IDB Real Estate Holdings Inc.(1)	shares	20	100	100.00	100.00
IDBNY Realty (Delaware) Inc.(1)(2)	Ordinary
shares	1,000	10	100.00	100.00
	Preferred
	shares	1,000	1,000,000
	Ordinary
IDB Capital Corp.(1)	shares	10,000	1,000,000	100.00	100.00
IDB Realty LLC(2)	Ordinary
shares	1,000	10	100.00	100.00
	Preferred
	shares	1,000	1,000,000
	Ordinary
DB Properties, Inc.	shares	6,000	300,000	100.00	100.00

• Solely for direct holding.
• Directly or indirectly. Footnotes:
  (1) Subsidiary of Israel Discount Bank of New York.
  (2) Subsidiary of IDBNY Delaware (Realty) Inc.

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