March 17, 2016

Bezeq – The Telecommunications Corp. Ltd. ("The Company")

Voting Slip, pursuant to the Companies (Voting Slip and Position Notices) Regulations 2005 ("the Regulations").

Voting Slip - Part One

1. Company name: The Israel Telecommunication Corporation Ltd. 2. Type of general meeting, date and venue: Annual and Special General Meeting of the Company's shareholders to be convened on May 3, 2016 at 11:00 am at the Company's offices at 2 Azrieli Center, Tel Aviv (Triangle Tower, 27th Floor). 3. Items on the agenda which may be voted on by means of voting slips: 1.1 Approval of a new compensation policy 1.2 Amendment to the Company's Articles of Association 1.3 Amendment to letters of undertaking for indemnification and exemption for officers and directors 1.6 Appointment of directors (each candidate for term of office as director will be voted separately). For further information regarding the items on the agenda and the text of the proposed resolutions, see the immediate report for convening of the general meeting attached to this voting slip. 4. Place and time for viewing the full text of the proposed resolutions: At the Company's offices at 2 Azrieli Center (Triangle Tower, 27th Floor, at Bezeq Group secretariat) in Tel Aviv, on Sunday through Thursday between 10:00 am - 3:00 pm, with prearranged appointment. 5. Particulars, to the best of the Company's knowledge, with regard to the candidates for appointment as directors: Name Address for Membership on Employee of the Date of Education and employment during the past five years and details Related to other Does the Company delivery of court Board of Directors Company, a commencement of the companies in which he serves as a director (other than the interested parties in consider the I.D.: notices: Committees: subsidiary, related of term of office: Company): the Company: director as having company or accounting and Date of birth: Serves as an interested party: financial expertise external or Citizenship: independent director 2 Dov Friedman Chairman of the , see details of April 14, 2010 Occupation during past five years: Chairman and owner of Father of Or Elovitch Yes Street, Ramat Gan, board of directors, employment during (On May 6, 2015 Eurocom Group for more than 25 years. and father-in-law of 042089367 5250301 member of the past five years his term of office The companies in which he serves as a director: Chair of the board Orna Elovitch Peled security committee was extended to of the following companies: ; Bezeq International; who, inter alia, served January 4, 1948 a further term of Bezeq Zahav Holdings Ltd.; Walla; Bezeq Online Ltd.; DBS; as officers in Bezeq and The director is not one year) Eurocom Holdings (1979) Ltd.; Eurocom Communications Ltd.; its subsidiaries in the Israeli an external Eurocom Cellular Communications Ltd.; Eurocom Industries reporting year. Brother director. (1986) Ltd.; Eurocom Digital Communications Ltd.; Trans-Global of Yosef Elovitch, Industries PTE Ltd.; Internet Gold – Golden Lines Ltd.;Eurocom controlling shareholder DBS; B. Communications; (indirect) of Bezeq Director at Eurocom General Management Ltd.; D.M. 3000) Engineering Ltd.; Space Communication Ltd.; Satcom Systems Ltd.; Gilat Satcom Ltd.; Gaya Com Ltd.; IP Planet Network Ltd.; Israsat International Communications Ltd.; B Communication (S.P. 1) Ltd.; B Communication (S.P. 2) Ltd.; Eurocom Media-Net Holdings Ltd.; Eurocom Networks 21 Ltd.; Eurocom Networks and Technologies Ltd; Eurocom Holdings and Investment Ltd.; Eurocom Management and Investment Ltd.; Eurocom Investment Management 2005 Ltd.; Eurocom Real Estate Ltd.; Mivnei Dolinger Construction and Investment Ltd.; Mivnei Dolinger (City Gate) Construction and Investment Ltd.; R.F. Investments and Promotion 1988 Ltd.; Continental – Construction & Investment Company – D.A. Ltd.; Eurocom Project Management (1990) Ltd.; MNB Tulip Trustees (2002) Ltd.; Shem VeTehila Assets and Investments Ltd. Orna Elovitch 2 Dov Friedman No Yes, see details of April 14, 2010 Education: B.Sc. majoring in Finance and Economics, New York Yes. Wife of Mr. Or No Peled Street, Ramat Gan, companies in which (On May 6, 2015 Institute of Technology. Masters degree - Executive MBA - Elovitch, a director at 028735587 525031 The director is not she serves as a her term of office Recanati College international MBA program the Company and an external director. was extended to Occupation during past five years: As of May 26, 2015 Executive daughter-in-law of Mr. June 8, 1971 director. a further term of VP of Adika Style Ltd. Shaul Elovitch, the one year) The companies in which she serves as a director – DBS; Bezeq controlling shareholder Israeli International; Walla' Orna Nadav Peled Ltd. (through holdings). Or Elovitch 2 Dov Friedman No Yes, see details of April 14, 2010 Education: BA in Business Administration, College of Yes. Son of Shaul Yes Street, Ramat Gan, employment during (On May 6, 2015 Management; MBA majoring in Finance, City University of New Elovitch, the controlling 038475117 525031 The director is not past five years his term of office York shareholder of the 3

Name Address for Membership on Employee of the Date of Education and employment during the past five years and details Related to other Does the Company delivery of court Board of Directors Company, a commencement of the companies in which he serves as a director (other than the interested parties in consider the I.D.: notices: Committees: subsidiary, related of term of office: Company): the Company: director as having company or accounting and Date of birth: Serves as an interested party: financial expertise external or Citizenship: independent director an external was extended to Occupation during past five years: CEO of Eurocom Company and husband May 24, 1976 director. a further term of Communications Ltd. as of 2011, Executive VP Business of Orna Elovitch-Peled, one year) Development and Investments in Eurocom Communications Ltd. and nephew of Yosef Israeli until 2011; Elovitch (brother of The companies in which he serves as a director: Chair of the board Shaul Elovitch), a of the following companies: Space-Communications Ltd.; board of controlling shareholder directors of Eurocom Capital Finances Ltd.; board of directors of (through holdings) Enlight Solutions Ltd. Director of Satcom Systems Ltd.; B Communications; Pelephone; DBS; Bezeq International; Bezeq Online; Bezeq Zahav Holdings; Walla (an other private Walla Group companies - such as Price Compare, Shopmind Ltd., Walla Pay Ltd.); B Communications (S.P.1) Ltd.; B Communications (S.P.2) Ltd.; Israsat International Communications Ltd.; Gilat Satcom Ltd.; Gaya Com Ltd.; I P Planet Network Ltd.; Telserve Limited; Eitag Ltd.; The Time News Ltd. Eldad Ben Moshe 17 Bazelet Street, Audit committee. No April 14, 2010 Education: B.A Economics and Accounting, and advanced No Yes Shoham, 60850 (On May 6, 2015 Accountancy studies - Tel Aviv University; MBA - Tel Aviv 058774290 The director is not his term of office University; CPA an external was extended to Occupation during past five years: CEO of Inrom Industries Ltd. June 8, 1964 director. a further term of and Inrom Building Industries Ltd.; Inrom Industrial Investments one year) Limited Partnership; Senior partner in FIMI Fund Israeli The director is an The companies in which he serves as a director: Chair of the board independent of the following companies: Ytong, Ltd.; Ytong Flooring Ltd.; director. Carmit Mister Fix Ltd.; Alony Marble Ltd.; Orlite Industries (Millennium 2000) Ltd.; Ordan Metal and Casting Industries, Ltd.; Nirlat Paints, Ltd.; Anan Dvash Sameah Ltd.; Anan Dvash Ltd. Director of the following companies: Nimni Paints North Ltd.; Gomix Partnership Management Co. Ltd.; Gomix Limited Partnership; Link Color NA INC.; Urdan Industries (USA) Inc.; Univercol Paints Ltd.; Inrom Building Industries Ltd.; Nirlat Ltd.; Ham-Let (Israel Canada) Ltd. Rami Nomkin: 126 Mohaliver No Yes, see details of January 17, 2007 Education: High School No No Street, Yahud employment during (On May 6, 2015 Occupation during past five years: Since 2011 - in Bezeq's PR 042642306 The director is not past five years his term of office Division Since 2014, works in Bezeq's human resources division an external was extended to The director is an employee director. January 14, 1949 director. a further term of one year) 4

Name Address for Membership on Employee of the Date of Education and employment during the past five years and details Related to other Does the Company delivery of court Board of Directors Company, a commencement of the companies in which he serves as a director (other than the interested parties in consider the I.D.: notices: Committees: subsidiary, related of term of office: Company): the Company: director as having company or accounting and Date of birth: Serves as an interested party: financial expertise external or Citizenship: independent director Israeli Amikam Shorer 2 Dov Friedman Security Yes, see details of April 14, 2010 Education: BA LLB, Bar Ilan University No No Street, Ramat Gan, committee, internal employment during (On May 6, 2015 Occupation during past five years: Deputy Chairman of Board (and 059821983 525031 enforcement past five years his term of office Director) of Eurocom Communications Ltd. since 2011; Executive committee; was extended to VP Business Affairs at Eurocom - Communications Ltd. 2005 - July 27, 1967 a further term of 2011; Chairman of Board of E.G.R.E Ltd. 2011 - 2014; CEO Enlight The director is not one year) Renewable Energy Ltd. 2008 - 2010 Israeli an external The companies in which he serves as a director: Deputy Chairman director. of Board of Eurocom Communications Ltd.; Director at Enlight Renewable Energy Ltd.; Pelephone.; Bezeq International; DBS; Walla; Bezeq Online Ltd.; Bezeq Zahav Holdings Ltd.; Space Communications Ltd.; Gilat Satcom Ltd.; Gaya Com, Ltd.; I.P. Planet Network Ltd.; Israsat International Communications Ltd.; SGilat Satcom Russia Ltd.; Phoenix Data Pty. Ltd.; B Communications (SP 1); B Communications (SP 2); Eurocom Capital Underwriting Ltd.; Satcom Systems; Ranitech Yezum 2007 Ltd.; TCL Teleserve Communications Ltd.; TNL Teleserve Network Ltd.; Teleserve Ltd.; Yehoshua 30 Six Day War Internal No (other than as a November 22, Education: LL.B, Bar Ilan University; LL.M and LL.D, New York No Yes Rosenzweig Street (31st Floor enforcement director in 2010 University. Champion Tower), committee - Chair; subsidiaries) (On May 6, 2015 Occupation during past five years: (a) Law firms: from 2005 013841069 Bnei Brak 5120261 audit committee; his term of office Attorney at Rosenzweig & Aviram Law firm; 2012-2013 Attorney committee for was extended to at Agmon & Co. and Rosenzweig HaCohen & Co. law firms. (b) August 17, 1952 reviewing financial a further term of Public: Matana Foundation (Board member); Chair of Bar Ilan statements; one year) University Executive Committee ; Chair of advisory committee to Israeli remuneration the Government Companies Authority (since 2011). committee and The companies in which he serves as a director: Chair of the board security of the following companies: Waterfall Security Solutions Ltd.; committee; Mailwaze Email Solutions Ltd.; The director is not Director at Rosenram Development Co. Ltd.; Pelephone; Bezeq an external International; Rosenram Trust Co. Ltd.; Rosenzweig Legal Services director; Ltd.; Rosetta Genomics Ltd.; Alrov Real Estate & Hotels Ltd.; The director is an Babua Simulation Investments (1996) Ltd.; Moinian Limited; 3D independent Space Sound Solutions Ltd.; Podcast Israel Media Ltd. director.

It is hereby clarified that each candidate to serve as director will be voted separately. 6. Majority required for adopting the resolutions on the agenda to be voted by written voting slip: 6.1. The required majority for adopting the foregoing resolution as set out in section 1.1 is an ordinary majority of all the votes of the shareholders present at the general meeting, who are eligible to vote and who participate in the vote, subject to one of the following (in this section 6 below: "Special Majority"):1 (1) The count of the majority votes in the general meeting includes a majority of all the votes of the shareholders who are not controlling shareholders of the Company or shareholders who do not have a personal interest in adopting the items on the agenda of the general meeting, accordingly, who participate in the vote; the count of all the votes of the shareholders will not take abstentions into account. (2) The total votes against the resolution from among the shareholders referred to in section (1) above do not exceed two percent of all the voting rights in the Company. 6.2. The required majority for adopting the resolution as set out in section 1.2 above is a majority of at least 75% of the votes of the shareholders present at the general meeting who are eligible to vote and who take part in the vote, without taking abstention votes into account.2 In addition, the required majority for approving the proposed amendment regarding the insurance, indemnification and exemption for officers is a special majority.3 6.3. The required majority for adopting the resolution as set out in section 1.3 above is a majority of the votes of the shareholders present at the general meeting who are eligible to vote and who take part in the vote, without taking abstention votes into account (in this section 6 below: "Ordinary Majority") with regard to officers and directors who are not the controlling shareholder and/or its relatives and/or officers of companies owned by the controlling shareholder. In addition, the required majority for adopting the resolution with regard to directors who are the controlling shareholder and/or its relatives and/or officers of companies owned by the controlling shareholder is a special majority.4 Adopting of this resolution is subject to the approval by this general meeting of the resolutions set out in sections 1.1 and 1.2 above. 6.4. The required majority for adopting the resolution set out in section 1.6 above is an ordinary majority (with regard to each director separately). 7. Notice of an interest of shareholder: In Part Two of the voting slip, space is allocated for indicating the existence or absence of a controlling interest and/or personal interest (jointly or severally: "Interest") and description of the nature of the relevant interest. It is hereby clarified that the vote of a shareholder that is not marked as aforesaid or is marked "Yes" and does not describe the nature of such Interest, will not be taken into the count.

1 Pursuant to sections 267A(b) and 275(A)(3) of the Companies Law. 2 Pursuant to the provisions of the Company's Articles. 3 Pursuant to sections 262 (B) and 275(A)(3) of the Companies Law, in view of the term in office of officers of the Company who are the controlling shareholder and/or its relatives and/or officers of companies belonging to the controlling shareholder. 4 Pursuant to sections 273(A) and -275(A)(3) of the Companies Law. 6 8. Validity of voting slip: 8.1. The voting slip will be valid, with regard to a shareholder in whose name a share is registered with a member of the stock exchange and that share is included among the shares registered in the Company's register of shareholders in the name of the nominee company ("Unregistered Shareholder"), only with confirmation of title attached thereto, or if confirmation of title is sent to the Company via the electronic voting system (as defined in the Companies Regulations (Written Votes and Position Papers) 2005, ("Electronic Voting System"). 8.2. The voting slip will be valid, with regard to a shareholder who is listed as a shareholder in the Company's register of shareholders ("Registered Shareholder") only with photocopy of ID, passport or certificate of incorporation attached thereto. 8.3. Shareholders wishing to vote by means of this voting slip are required to present the voting slip and foregoing papers to the Company's offices as set out below, no later that four (4) hours prior to time for convening of the general meeting, for unregistered shareholders, and no later than six (6) hours prior to time form convening the general meeting, for registered shareholders. In this matter the "time of presentation” is the time at which the voting slip and attached documents arrive at the Company's office. 8.4. Voting slips that are not delivered according to the provisions of this section will be invalid. 9. Voting via Electronic Voting System: 9.1. Unregistered shareholders may vote on the items on the agenda as set out above using a voting slip transmitted through the Electronic Voting System. Voting through the Electronic Voting System will be enabled from receipt of confirmation from the Electronic Voting System of proper receipt of a list of eligibility to vote through the Electronic Voting System, and up to six (6) hours prior to the time set for the convening of the general meeting, i.e. on May 3, 2016 at 5:00 AM ("System Closing Time"), when the Electronic Voting System will close. 9.2. A vote cast via the Electronic Voting System may be changed or canceled up until the System Closing Time and may not be changed via the Electronic Voting System after that time. It is noted that in accordance with section 83(D) of the Companies Law, if a shareholder has voted using more than one method, his/her last vote will not be counted, and in this matter a vote in person by a shareholder or a proxy will be deemed as a later vote than the vote cast through the Electronic Voting System. The Company does not allow voting over the internet (other than through the Electronic Voting System). 10. Address for delivering voting slips and position papers: "Bezeq" The Israel Telecommunication Corp. Ltd., Bezeq Group Secretary, 2 Azrieli Center, (Triangle Tower, 27th Floor), Tel Aviv. 11. The deadline for submitting position notices to the Company is April 23, 2016. The deadline for issuing the Board of Directors' response to the position notices is April 28, 2016. 12. Websites for obtaining the text of the Voting Slip and the position notices: a. The Securities Authority website: www.magna.isa.gov.il b. The website: www.maya.tase.co.il. c. The Company’s website: www.bezeq.co.il 7

13. Receipt of certificates of title, voting slips and position notices: 13.1. Unregistered shareholders may receive certificate of title at the branch of a stock exchange member or sent by mail, if so requested. A request for the purpose of this matter must be submitted in advance for a specific securities account. 13.2. Unregistered shareholders may request that their certificate of title be sent to the Company through the Electronic Voting System. 13.3. Unregistered shareholders may receive by email, free of charge, a link to the text of the voting slip and position notice on the distribution website, from the member of the stock exchange through which their shares are held, unless they have notified the stock exchange member that they do not wish to receive said link, or that they wish to receive voting slips by mail in return for payment; such notification with regard to voting slips will also apply with regard to receiving position notices. In addition, all shareholders are entitled to apply directly to the Company to receive the text of the Voting Slip and the position notices. 13.4. One or more shareholders who hold, at the date of record, shares constituting five percent (5%) or more of the total voting rights, and shareholders holding such percentage of the total voting rights which are not held by a controlling shareholder of the Company, as defined in Section 268 of the Companies Law, are eligible, in person or through a proxy, after the general meeting has been convened, to view the voting slips and the votes recorded via the Electronic Voting System received at the Company, at its registered offices during regular business hours, as set out in section 4 above. 13.5. The number of shares representing 5% of the total voting rights in the Company, as at the date of issue of this report, is 138,270,456 ordinary shares of the Company. The number of shares constituting 5% of the total voting rights in the Company which are not held by a controlling shareholder of the Company as defined in section 268 of the Companies Law, as at the date of issue of this report, is 101,797,574 ordinary shares of the Company. 14. After publication of this Voting Slip, changes may be made to the agenda, including the addition of topics to the agenda and position papers may be issued, and the updated agenda and position papers that are issued, may be reviewed in the Company's reports on the distribution website. 15. The deadline for the Company to issue amended voting slips, if it is required to add items to the agenda, is March 31, 2016. Shareholders may vote with regard to any of the items on the agenda which may be voted by means of a voting slip, in the second part of the Voting Slip. 8

Bezeq – The Israel Telecommunications Corp. Ltd. ("The Company")

Voting Slip - Part Two Pursuant to the Companies Regulations (Written Votes and Position Papers), 2005 (“the Regulations”).

Name of Company: Bezeq The Israel Telecommunication Corporation Ltd.

Address of Company: (for submitting and sending of voting slips): "Bezeq" The Israel Telecommunication Corp. Ltd., Company Secretary, 2 Azrieli Center, (Triangle Tower, 27th Floor), Tel Aviv. Company number: 52-003193-1 Date of meeting: May 3, 2016 Type of meeting: Annual general meeting and extraordinary general meeting Date of record: April 4, 2016

Shareholder Particulars: Name of Shareholder: ...... I.D: ...... If the shareholder does not hold an Israeli ID card - Passport no.: ...... Country of issue: ...... Valid until: ...... If the shareholder is a corporation - Corporate No...... Country of incorporation: ......

9 Casting of Vote Are you a controlling Topic on the shareholder, a party with a Formatted Table Agenda: personal interest in the Casting of Vote1 (as per Agenda: resolution, an executive Formatted: Font: 9 pt numbering in officer or institutional the Notice of investor 2 Convening) Formatted: Font: 9 pt For Against Abstain Yes 3 No 1 Approval of a new Formatted: Left compensation policy 2 Amendment to the Company's Articles of Formatted: Left Association 3 Amendment to letters of indemnification undertaking and Formatted: Left exemption for officers and directors Appointment of Directors Deleted: 6

6 Shaul Elovitch 7 Or Elovitch 8 Orna Elovitch Peled 9 Amikam Shorer 10 Eldad Ben Moshe 11 Yehoshua Rosenzweig 12 Rami Nomkin: 1. Failure to mark the voting slip will be considered as an abstention on said topic. 2. The vote of a shareholder who fails to fill in a column or who marks “Yes” and does not supply details will not be included in the count. 3. Details of relationship as "a controlling shareholder or party with a personal interest (accordingly) in approval of the resolution" ______

______Date Signature

For shareholders holding shares through a TASE member (under section 177(1) of the Companies Law) - this voting slip is valid only with the certificate of title attached thereto, other than in cases where the vote is cast via the Electronic Voting System. Shareholders registered in the register of Company shareholders – this voting slip is valid only when it is attached to a photocopy of an ID card / passport / certificate of incorporation.

The above information constitutes a translation of the voting slip published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.