Exhibit 3
[Unofficial Translation]
January 30, 2018
Powers of Signature in The Phoenix Holdings Ltd. (hereinafter: the "Company")
In accordance with a resolution of the Board of Directors, the powers of signature in the Company as of January 30, 2018 are as follows:
General Rights of Signature
1. | The signature of the Chairman of the Board of Directors and the General Manager of the Company together, or the signature of one of them with the addition of a director from Group A, shall bind the Company in any matter for an unlimited amount. |
2. | The signatures of two directors from Group A (who are not a director and his subordinate, and excluding directors who are the subordinates of the General Manager of the Company) shall bind the Company in any matter up to a sum of NIS 400,000,000. |
3. | *** |
4. | *** |
Delegation and Revocation of Powers
5. | *** |
6. | *** |
7. | *** |
| Group A | Group B |
| *** | *** |
| *** | *** |
| *** | |
| *** | |
| Eli Schwartz - Chief Financial Officer | |
Menachem Neeman - Chief Legal counsel and Corporate Secretary |
I hereby certify that the aforesaid resolutions of the Board of Directors were duly adopted and are binding on the Company for all intents and purposes.
/s/ Mor Albojm Goldberg Mor Albojm Goldberg, Advocate |