 Cellcom Israel Ltd. NYSE: CEL TASE: CEL hereinafter: the Company announced today that following the Companys notice of 2020 annual general meeting of shareholders scheduled to take place on July 27, 2020, in which the Companys shareholders will be asked to approve, inter alia, the Companys compensation policy the compensation policy was attached as Appendix A to the proxy statement of such meeting and granting an indemnification and exemption letter to office holders who are, or are related to, our controlling shareholders, or in respect of whom our controlling shareholders have a personal interest in receiving indemnification and exemption letters from the Company the letter of exemption and indemnification was attached as Appendix B to the proxy statement of such meeting, the Company shall amend its compensation policy and its letter of exemption and indemnification to be issued to its office holders, as from the approval of those resolutions by the General Meeting, to include the following amendments: 