Israel Electric Financial and Sector Reform Update

IEC's Human Capital 12,754 12,371 Streamlining of IEC's Workforce Number of employees A decrease of 1,726 employees (appx. 13.5%) of IEC's workforce 11,908 11,902 11,476 11,483 11,391 חברת החשמל Israel Electric 11,103 11,028 (1) 2014 2015 2016 2017 2018 2019 2020 2021 Q1/2022 As part of the reform in the electricity sector, an efficiency program is resuming for the years 2022-2025 Source: IEC's Financial Statements for 2014FY-2021FY From 2018 to March 31, 2022, approximately 1,200 permanent employees retired as part of the reform agreements in parallel with the employment of temporary employees. Investor Relations 22

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