1. FIBI FIRST INTERNATIONAL BANK OF ISRAEL O verview 30.6.15

2. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 2 Net Profit and ROE (Millions NIS) * Goodwill amortization amounts to 44 Million NIS and decreases ROE by 0.7%. ** The effect of the implementation of new accounting standard regarding to employee privileges led to a decrease of approximately 123 NIS million in shareholders' equity. Average capital Common Equity capital (tier 1) to risk weighted assets ratio 6,8576,884 3.4%+ ROE 6,946 9.86% 9.71% 6,657 6,617 1.3%+ 3.6%+ * ** Including merger provision 11 Million NIS (Net) Including merger provision 11 Million NIS (Net) Including capital gain from the sale of FIBI London 26 Millions NIS (Net) Including capital gain from the sale of FIBI London 26 Millions NIS (Net)

3. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 3 Statements of income H1/2015 – H1/2014 ((Millions NIS Change in % Gross change H1/2014H1/2015 (10%)(113)1,1731,060Interest and non Interest Incomes 23326Expenses from credit losses (rate of 0.07%) (14%)(150)1,081931Interest income after Expenses from credit losses 3%19682701Commissions 6%19316335Of which: commissions from activity in capital markets (8%)(116)1,4401,324Total operating and other expenses (11%)(98)884786Salaries and related expenses (3%)(6)219213Maintenance and depreciation of premises and equipment 0%-68 Amortization and impairment of intangible assets (4%)(12)269257Other expenses (8%)(35)455420Profit before taxes (13%)21618The bank’s share in VISA CAL profit (10%)(26)269243Net profit 8.3% 7.2% ROE (0.68%)0.83% 0.15% Bank of Israel average interest rate (*)9.72%9.71% Equity capital (tier 1) to risk components ratio (end of period) * According to 31/12/14.

4. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 4 Statements of income Q2/2015 – Q2/2014 ((Millions NIS Change in % Gross change Q2/2014Q2/2015 (6%)(34)547513Interest and non Interest Incomes 21(7)14Expenses from credit losses (rate of 0.08%) (10%)(55)554499Interest income after Expenses from credit losses 3%9335344Commissions 4%7 157164 Of which: commissions from activity in capital markets (6%)(44)719675Total operating and other expenses (6%)(28)438410Salaries and related expenses (2%)(2)107105Maintenance and depreciation of premises and equipment 9%33437Amortization and impairment of intangible assets (12%)(17)140123Other expenses (21%)(53)252199Profit before taxes 25%2810The bank’s share in VISA CAL profit (21%)(32)150118Net profit 9.4% 7.0% ROE (0.65%) 0.75% 0.10% Bank of Israel average interest rate (*)9.72% 9.71% Equity capital (tier 1) to risk components ratio (end of period) * According to 31/12/14.

5. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 5 השפעות חיוביות Net changeGross change Q2/2014Q2/2015 59 2845(438)(393) Decrease in Salaries and related expenses ( excluding provision for compensation for merger Pagi and U-Bank) 1624(7)17 Increase in the reconciliations in fair value of derivative instruments 1016(281)(265) A decrease in operating and other expenses (excluding Salaries) 59335344Increase in commissions Main positive influences Explaining of the main changes in net profit ( Q2/2015 - Q2/2014 (Millions NIS

6. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 6 השפעות שליליות Net changeGross change Q2/2014Q2/2015 (99) (26)(31)31 - Capital gain from the sale of FIBI London (25)(44)6723 A decrease in profit realization of bonds and shares (24)(38)539501 A decrease in net interest income (13)(21)7(14) Growth in Expenses from credit losses (rate of 0.08%) (11)(17)- Provision for compensation for merger of Pagi and U-Bank (0.65%)0.75%0.1% Bank of Israel average interest rate Main Negative influences Total decrease of 32 Nis Millions in net profit Explaining of the main changes in net profit ( Q2/2015 - Q2/2014 (Millions NIS

7. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 7 Operating & Other Expenses (Millions NIS) H1/2015 H1/2014 ** * Of which: impact of the continued implementation of the Bank Leumi agreement of 72 million NIS ** Includes amortization of goodwill in 1-6.15 in respect of subsidiaries in the amount of NIS 22 million * Of which: impact of the continued implementation of the Bank Leumi agreement of 72 million NIS ** Includes amortization of goodwill in 1-6.15 in respect of subsidiaries in the amount of NIS 22 million 116- 8% 98- 11%- 6- 12- *

8. FIBI FIRST INTERNATIONAL BANK OF ISRAEL Improvement in Operational Efficiency Ratio Total Operating Expenses to Total Income Total Income Total Operating Expenses % % Total Operating Expenses / Total Income (Before Expenses for credit losses) 8 74.8% 75.9%

9. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 30.6.1531.12.14 Capital Notes 6.1 Capital Available for Investment 5.3 Public Deposits 98.6 Gov. & Bank Bonds 1.8 Credit to the Public 70.6 State of Israel Bonds 10.1 Bank of Israel Deposits 25.0 Corporate Bonds (foreign & Israel currency) 1.2 Structures, Hedge funds &Stocks 0.5 Market risk in VAR(0.02) (*) illustration – not to scale 9 FIBI Strategic Assets & Liabilities composite (*) 30.6.15 (NIS Billions) FIBI Strategic Assets & Liabilities Structure (NIS Billions) capital to risk assets Total ratio equity capital (tier 1) to risk components ratio Deposits to Credit Ratio Liquid Assets to Deposits Ratio 13.59%14.26% 9.71% 9.72% 139.7%138.0% 41.0%40.2% capital available for Investments to investment capital Ratio 35.1%31.4% Liquidity Ratio (LCR) 93.0% Bonds of foreign countries 1.5

10. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 2.1% 10 Credit to the public Deposits from the public Capital attributed to the shareholders of the Bank Balance sheet The development in Balance sheet, Equity, Credit and Deposits - consolidated, end of ( period (Billions NIS Leverage ratio at 30/6/15 is 5.47% 5.1% Dividend yield rate 60 Million NIS were distributed at 30.6.15 as a dividend 3.7% 3%6%5%4% * Before the effect of the implementation of new accounting standard regarding to employee privileges. *

11. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 11 The change compared to 31/03/15 31.03.1530.06.15 Millions NIS(%)Millions NIS((%Millions NIS 2,06170%9,51275%11,573 Gov. & Bank Bonds 1,30561%8,29362%9,598 Of which: State of Israel Bonds (294)20%2,67615%2,382 Financial institutions 519%1,1588%1,209Other Bonds 22%2682%270Stocks 1,820100%13,614100%15,434 Total securities Nostro portfolio composition

12. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 12 Credit to the Public by segments (Millions NIS) Rates of change in a balances compared to 30.6.15 30.6.1431.12.14 12.7%8.4%18,462 Credit to private clients 11.0%6.6%19,769 Mortgage (7.8%)(5.4%)19,416 Corporate 2.9%0.9%12,968 Commercial And Small Business 4.1%2.4%70,615 Total Credit to the Public

13. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 13 30/6/1530/6/14 Gross change Balance -sheet Off- balance- sheetTotal Balance- sheet Off- balance- sheetTotal Impaired credit risk 8241429668391189579 Inferior credit risk 20264266576125701(435) Credit under special supervision risk 8922981,1901,0301761,206(16) Total problem credit risk 1,9185042,4222,4454192,864(442) Ratio of the provision for credit losses to impaired credit to the public not accruing interest income – NPL Without mortgages 92.1%90.6% A decrease in problem credit risk in FIBI Breakdown of the credit risk problem (Millions NIS)

14. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 14 Deposits from the Public breakdown by segments (Millions NIS) Rates of change in balances compared to 30.6.15 30.6.1431.12.14 10.5%4.9%51,390 Total private clients 10.5%5.9%32,653 Corporate (0.4%) (4.8%) 14,591 Commercial + Small Business 6.9%2.3%47,244 Total business clients 8.8%3.7%98,634 Total 51.0% 17.0%39,721 Of which: Positive current account balance () – 30.6.14 (16%) (51%) (33%)

15. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 15 Client assets portfolio (deposits & securities) present Continued growth (average balances, Billions NIS) An increase of 9% (30 NIS Billions) in client assets portfolio, Continuing an increase of 12% in 2014 (34 NIS Billion) 11.5% 34 8.4% 23 9% 30 330 296 273 360

16. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 13.42% * 14.30% 14.57% 13.42% * * * Equity capital (tier 1) ratio- capital Adequacy 16 10% - Minimal Regulatory Requirement For HAPOALIM & LEUMI 9% - Minimal Regulatory requirement

17. FIBI FIRST INTERNATIONAL BANK OF ISRAEL.*In annual terms ** Calculated only on the balance sheet credit. 9.71% 9.42% 9.52% 9.53% 9.30% equity capital(tier 1) to riskcomponentsratio 139.7% 112.4% 119.4% 126.2% 100.9% Deposits from the public to credit to the public 74.8% 58.3% 63.5% 76.0% 60.7% Total operating expenses / Revenue (before credit losses expenses) Other 4 leading Banks Average 9.45%114.5%63.6% 73.2% 92.1% 67.7% 82.2% 65.5% 93.5% NPL-Provision for credit losses to total impaired credit (without mortgages)** 17 FIBI is demonstrating relative strength in the main financial ratios H1/2015 (income) Expenses for credit losses to credit to the public* 0.07% 0.20% 0.07% 0.01% 0.10% 0.11%

18. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 18 Subsidiaries net profit Growth centers equity capital (tier 1) to risk compone nts ratio ROE Net profit 1-6/2015 Millions NIS Specialization Extension of the agreement with Hever Renewal of activities with Small Business Fund Expansion of the factoring activity Joining the Fund in cooperation with the Manufacturers Association - together with the FIBI early May this year 9.6%6.2%34.6  Retail clients  Commercial/ Corporate  Defense forces personnel  Factoring (*) Including special provision to the _merger in the amount of 16 Millions NIS Expansion activities with private and institutional clients Developing high net worth clients branches 15.0%4.0%9.3 ( * )  Capital Markets, Trust & Custody services  Private & affluent banking Winning in the teachers loans tender during 2014 Growth at the Israeli-Arab sector 14.1%7.5%18.6  Retail clients  Teachers sector  Israeli-Arab sector Increasing network coverage in the ultra orthodox sector 12.1%10.3%18.3  Ultra orthodox sector Will merge into FIBI On 30/9/15 while maintaining the brand name Will merge into FIBI On 31/12/15 while maintaining the brand name

19. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 19 Highlights for H1/2015 Continued growth in activities n Increase of 8.4% in credit balances to private sector (excluding mortgage loans) since the end of 2014. Increase of 12.7% compared to 30/6/14. The growth in credit balances is the result of strategic moves to expand credit to private and household sectors as well as investment in infrastructure to service both private and retail clients. Growth in operating income n An increase of approximately 3% (19 Millions NIS) in operating bank fees the result of an increase in fees from capital markets activity offset by a decrease in fees resulting from regulatory changes. Growth in credit to private clients Main parameters Equity to risk components ratio Net profit n Net profit in H1/2015 - 243 Millions NIS, and in Q2/2015 118 Millions NIS. n ROE in H1/2015 – 7.2% and in Q2/2015 7%. n Net income in Q2/2015 includes a non-recurring provision for the retirement of employees of U-Bank and Poalei Agudah Bank (Pagi) in the amount of 11 Millions NIS net. Net income last year included income from the sale of FIBI London in the amount of 26 Millions NIS. Neutralizing these two items increased earnings by 4.4%. Equity to risk components ratio – 9.71%. Efficiency ratio Improvement in the efficiency ratio (before provisions for credit losses) – 74.8% compared with 75.9% in H1/2014. Growth continuation in the investment field Continued Growth in n An increase of - 30 Billion NIS (9%) in the clients investment portfolios in H1/2015 compared to 12.7% in 30/6/14. This growth is the result of strategic moves to expand its investment activity of private and retail clients, and of investment in infrastructure to service these clients.

20. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 20 Highlights for H1/2015 Expenses for credit losses 0.07% compare to 0.01% H1/2014 and 0.13% in all 2014. Maintaining the quality of the loan portfolio and dispersion NPL (excluding mortgage) Decrease in the Expenses for credit losses n Ratio of provision for doubtful accounts versus non performing credit (excluding mortgages) 92.1%, including mortgages 105.4%. Operating expenses restraint Continuation of budgetary restraint and efficiency measures n The decision to merge U-Bank will be effective as of 30/09/15 (employment agreement has been signed with the employees to enable continued operations of U-bank branches in the existing format) Pagi will be merged as of 31/12/15 (no change in the employment agreement). n The decrease in salary expense in Q2/2015 (excluding the effect of the merger yet) of 45 NIS Millions (gross) is the result of an increase in the discounted value of interest on employee liabilities and rights as well as a decrease in the work force. n A provision for a one-time compensation of 17 NIS Millions was made in light of the planned merger of U-Bank and Pagi into FIBI. n Continued reduction in the number of positions in the Group. The merger of UBank and Pagi is expected to reduce the workforce by 150 employees mainly employed in headquarters of the two merged banks. n Ongoing process to reduce expenses both in the branches and in the headquarters of the group. In the past year 6 branches were closed and their activity was transferred to other braches in close proximity. n The trend to greater efficiency continues - a 3% decrease in non-wage expenses.

21. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 21 Main Indicators - FIBI Group *Excluding the effect of Fas 91 in 2014. (compared to 30.6.14) The rate of change last year The rate of change on H1/2015 4.1%2.4% Credit growth rate 12.7%8.4% Credit to private clients 10.7%5.2% Client assets portfolio (deposits & securities) The rate of change on 2014 compared to 2013 The rate of change on H1/2015 compared to H1/2014 3.7%2.8% Income from commissions 82- *77- Financing profit from current activity 0.6%11%- Salaries and related expenses 1.6%3.2%- Operating and other expenses (excluding Salaries)

22. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 1.Without derogating from the generality of the conditions of use specified in the First International Bank of Israel ltd. (the “Bank”) website, the content exhibited in this presentation has been prepared by the Bank solely for use of the Bank’s presentation of the quarterly and/or annual Financial reports as well as strategic updates. 2.The content contained herein is partial and may include information and/or data that have not been independently verified by any outside entity. It is further emphasized that this presentation does not constitute an offer or invitation to purchase any securities and/or investments of any kind whatsoever. 3.This presentation should not be relied upon in connection with any transaction, contract, commitment or investment. For full and complete overview of the Bank’s financial situation and results of operation please view the Bank’s quarterly and/or annual financial reports. 4.Neither the Bank nor any of its employees or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss and/or damages of any kind whatsoever arising, directly or indirectly, from any use of the content presented in this file or otherwise arising in connection with this file. 5.It is hereby emphasized that portions of the information exhibited herein are regarded as forecasts about the future prospects of the Bank and the actual results of the Bank may differ materially from those contemplated taking into account the various risk factors, including but notwithstanding, changes in legislation and governmental supervision policies, changing economic conditions and uncertainties which exist regarding the Bank’s business and the result of various operations. For a more accurate and detailed description see forward looking information section in the Banks financial statements. Disclaimer 22