Investor Presentaiton

IEC's Human Capital IEC's employees' 13,000 12,754 12,500 12,000 11,500 12,371 Streamlining of IEC's Workforce A decrease of 1,271 employees (appx. 10%) of IEC's workforce 11,908 11,902 חברת החשמל Israel Electric 11,476 11,483 11,391 11,000 2014 2015 2016 2017 2018 2019 2020 As part of the reform in the electricity sector, an efficiency program is resuming for the years 2021-2025 Source: IEC's Financial Statements for 2014FY-2020FY Investor Relations 17

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