Plantify Foods, Inc. announced that Noam Ftecha has resigned from the Company's Board of Directors, effective June 17, 2024. Mr. Ftecha remains the CEO of Peas of Bean, a 100% owned subsidiary of Plantify. Israel Berenstein will be appointed as the new Chairman of the Company's Corporate Governance and Nominating Committee, and Mr. Yehonatan Shachar will be appointed to serve on the Company's Compensation Committee, (both are currently members of the Board of Directors), and both appointments are effective June 18, 2024.

The Board is considering the Corporation's options with respect to the future composition of the Board and will issue a further news release if and when a replacement is identified.