Cellcom Israel Ltd. announced today that following the previously announced comprehensive restructuring plan, the labor dispute announced thereafter in the Company relating to the Company's intention to take streamlining measures and the negotiations of a new collective employment agreement, the Company, the employees' representatives and the Histadrut, the union representing the Company's employees, entered a collective employment agreement, or the New Agreement, amending its collective employment agreement (for the years 2019-2021) entered in 2018 and amended in May 2019, which includes the following main agreements: • A voluntary retirement program for 450 employees