Nope. Here operand is being Forwarded From MA to EX stage . Not WB to EX as you have mentioned in the image .
Operand Forwarding stage will depend on type of instruction . Here I2 isMemory Related Instruction
Here is the complete Solution of the above question .
Here is the general Senario of Operand Forwarding Probably this woulod give a general idea.
This is also a good question to practise
However this was also happened in GATE 2015. " When to use split phase " without mentioning explicitly in question is still not resolved .