1. FIBI FIRST INTERNATIONAL BANK OF ISRAEL Overview 31/3/16

2. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 2 Net Profit and ROE (Millions NIS) * Goodwill amortization amounts to 11 Million NIS In Q1/16 (44 Million NIS annually) and decreases ROE by 0.65%. Average capital Common Equity capital (tier 1) to risk weighted assets ratio 7,119 4.2%+ ROE 9.49% 9.92% 6,833

3. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 3 Statements of Income I/2016 –I/2015 ((Millions NIS Change in % Gross change I/2015I/2016 7.9%41 519 560 Interest Income and Non-Interest Financing Income (79) 12(67) (Income)/Expenses from Credit Losses (8.4%)(30)357327 Commissions (Includes 19 Million NIS decrease in capital market commissions) 11.0%96 870966 Total Income after (income)/Expenses from Credit Losses)

4. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 4 Statements of Income I/2016 –I/2015 ((Millions NIS Change in % Gross change I/2015I/2016 7.6%49649698 Total Operating and Other Expenses (3.1%)(14)448 434 Salaries and Related Expenses (72)- Decrease in Salaries due to Leumi Agreement- Previous year (7.1%)(6)8579 Maintenance of buildings and equipment 17.4%42327 Depreciation and amortization (5.2%)(7)134 127 Other Expenses 21.2%47221268 Profit before taxes 2494118 Provision for taxes on profit (including 16 Millions non-recurring expense in Q1/16) 17.6%22125 147 Net Profit 7.5%8.5% ROE (0.10%) 0.20% 0.10% Bank of Israel Average Interest Rate 73.6% 77.6% Efficiency Ratio (Total Operating Expenses to Total Income) 81.8% Efficiency Ratio (excluding the effect of Leumi agreement last year)

5. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 5 Operating & Other Expenses (Millions NIS) I/2016 I/2015 *Excluding Leumi agreement affect in Q1/2015. ** Q1/16 tax expenses includes non-recurring expense of 16 Million NIS, due to the decrease in the corporate tax rate on deferred tax balances. *Excluding Leumi agreement affect in Q1/2015. ** Q1/16 tax expenses includes non-recurring expense of 16 Million NIS, due to the decrease in the corporate tax rate on deferred tax balances. (23) 3.2%- 14- 3.1%- 6- 24 3- * (Includes non recurring expense (of 16 millions NIS Continuing decrease in all operating expenses

6. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 6 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 - end of period ( (Billions NIS Leverage ratio at 31/3/16 is 5.44% 0.9%+ 0.6%+ 2.7%+ 2.0%+

7. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 7 Credit to the Public by Business Segments (Millions NIS) Rates of Change compared to 31/3/15 Rates of Change compared to 31/12/15 31/3/16 8.8% 0.9%18,093 Private Clients (excluding mortgage) 10.8%2.6%20,957 Mortgages 9.9% 1.8%39,050 Credit to Private Clients -1.7%3.4%21,339 Corporate 4.9%4.2%14,145 Commercial and Small Businesses 5.4%2.7%74,534 Total Credit to the Public () – 31/12/15 Credit to private Clients to total credit- 52%

8. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 8 Expenses for Credit Losses to Credit to the Public Ratio Includes an Implementation of Bank of Israel directives regarding group provision FIBI Other 4 leading Banks

9. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 9 31/3/1631/12/1531/3/15 Gross Change compared to 31/12/15 Gross Change compared to 31/3/15 Impaired Credit Risk 9719229104961 Inferior Credit Risk 178265240(87)(62) Credit Under Special Supervision Risk 9861,0321,585(46)(599) Total Problematic Credit Risk 2,1352,2192,735 (84)(600) Ratio of the provision for credit losses to impaired credit to the public not accruing interest income (NPL coverage ratio) 103.8%107.9% Credit risk due to Problematic Debt (Millions NIS) A decrease of 4% in total Problematic Credit Risk in Q1/16 (22% decrease compared to Q1/15) A decrease of 4% in total Problematic Credit Risk in Q1/16 (22% decrease compared to Q1/15)

10. FIBI FIRST INTERNATIONAL BANK OF ISRAEL 13.42% * 14.30% 14.57% 13.42% * * * Equity Capital (core tier 1) Ratio- Capital Adequacy 10 10.75% 9.8% 9.15% 10.50% 9.28% Equity capital (core tier 1) ratio target at 31/12/17 The data is updated to 31/3/16.

11. FIBI FIRST INTERNATIONAL BANK OF ISRAEL Capital Notes 5.7 Capital Available for Investment 5.6 Public Deposits 103.9 Gov. & Bank deposits 2.3 Credit to the Public 74.5 State of Israel Bonds 9.2 Bank of Israel Deposits 26.5 Corporate and banks Bonds (foreign & Israel currency) 1.1 Structures, Hedge Funds &Stocks 0.3 Market Risk in VAR(0.2) (*) For iIllustration only – not to scale 11 FIBI Strategic Assets & Liabilities composite (*) 31.3.16 (NIS Billions) FIBI Strategic Assets & Liabilities Structure (NIS Billions) Bonds of foreign countries 3.8 31.3.16 Capital to Risk Assets Total Ratio equity capital (tier 1) to risk components ratio Deposits to Credit Ratio Liquid Assets to Deposits Ratio 12.92% 9.92% 139.3% 41.1% Liquidity Ratio (LCR) 105% 31.12.15 13.26% 9.81% 142.3% 42.0% 104%

12. FIBI FIRST INTERNATIONAL BANK OF ISRAEL Main events in the last year – The merger of UBANK & PAGI with FIBI 12 UBANK merging The merger of UBANK ended successfully on 30/9/15, while maintaining the brand name – a leading brand in private banking PAGI merging The merger of PAGI ended successfully on 31/12/15, while maintaining the brand name – a leading brand in ultra-orthodox sector Dealing with regulatory barriers Reducing employees in the headquarters- the main part was done in Q4/16 following the merger of UBANK Improving the group synergy on the revenue side Following the mergers an increase in client activities with PAGI & UBANK clients in Q1/2016 and is expected to grow on next quarters Reducing group’s real estate space Improving the group synergy on branch network

13. FIBI FIRST INTERNATIONAL BANK OF ISRAEL Highlights for Q1/2016 Equity Capital (tier 1) Ratio  Increase in equity capital ratio (tier 1) 9.92% vs. a ratio of 9.81% in 12/2015. A 3.2% decrease in total group expenses compared to Q1/15 (excluding non- recurring income regarding leumi Agreement) n Continuing trend of decrease in the bank expenses, in scale of 23 Million NIS. A reduction in all of the expenses sections. n Salary expenses decreased by 14 Million NIS. 13 Net Profit  Group Net Profit in Q1/16 was 147 Millions NIS compared to 125 Millions NIS in Q1/15, an increase of 17%.  The ROE in Q1/16 is 8.5%, compared to 7.5% in Q1/15, and 6.5% in 2015.  Goodwill amortization of about 44 Millions NIS detracts about 0.65% from the ROE. In 2016 an amount of approximately 36 Millions NIS (0.5% ROE) from the goodwill amortization will end on Q3/16.  The provision for taxes on profit includes a non-recurring expense of 16 Millions NIS regarding corporate tax decline.

14. FIBI FIRST INTERNATIONAL BANK OF ISRAEL Credit Growth and also growth in the client’s investment portfolios An annually growth of 5.4% in credit balances and 2.7% on Q1/16. Growth in all customers segments:  8.8% annually increase in credit balances to private sector (excluding mortgages loans)  Continuing growth in mortgages – 10.8% annually increase  5% annually increase in credit balances to commercial and small business (Middle Market) credit  1.7% annually decrease in corporate credit. Increase of 3.4% in Q1/16.  An increase of 2 Billion NIS in client’s investment portfolios, Despite the negative trend in the capital markets. Decrease in expenses for credit losses n Income from credit losses of 67 Million NIS in Q1/16 versus an expenses of 12 Millions NIS in Q1/15. The Income this quarter is primarily a result of a decrease in the expenses for credit losses on a collective basis. 14 Highlights for Q1/2016 High NPL ratio and decline in problematic credit risk  High Ratio of provision for doubtful accounts versus non-performing credit (including mortgages) 103.8%.  Decrease of 4% in total problematic credit risk in Q1/16 (22% decrease compared to Q1/15).

15. 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 15