Globalworth Real Estate Investments Limited announces that David Maimon has been appointed to the Board as a non-executive director with immediate effect. Mr. Maimon serves as member of the Advisory Board of Aroundtown SA and of Grand City Properties SA, both public companies traded on the Prime Standard of the Frankfurt Stock Exchange. As member of such Advisory Boards, Mr. Maimon provides expert advice and assistance to the board of directors. The Advisory Board has no statutory powers under Luxembourg Law. In the past, he was the President and CEO of EL AL Airlines from 2014 to 2018. Prior to that, Mr. Maimon was VP of Commerce & Industry Affairs, Sales & Marketing and Customer Service in EL AL Airlines and served as a Director in various commercial companies such as Leumi Gemel Ltd, Rosario Capital Underwriting company and Sun D'Or International Airlines.