Rail Vision Ltd. announced that as a condition to the Credit Facility, each of Shmuel Donnerstein, Inbal Kreiss and Keren Aslan have tendered their resignations from the Company?s board of directors (the ?Board?), and the Board has appointed Amitay Weiss and Hila Kiron-Revach to the Board, to serve until the Company?s next annual general meeting of shareholders. Mr. Amitay Weiss has served as the chairman of the board of directors of Scisparc Ltd. since January 2022, has been a member of the board of directors of Scisparc Ltd. since August 2020, and has previously served as the Chief Executive Officer of Scisparc Ltd. from August 2020 to January 2022. Mr. Weiss currently also serves as chairman of the board of directors of AutoMax Motors Ltd. Save Foods Inc. and ParaZero Technologies Ltd. Additionally, Mr. Weiss serves as a director of Jeffs?

Brands Ltd., Clearmind Medicine Inc., Maris Tech Ltd. and as an external director of Cofix Group Ltd. In 2016, Mr. Weiss founded Amitay Weiss Management Ltd. and now serves as its chief executive officer. From 2001 until 2015, Mr. Weiss served as vice president of business marketing & development and in various other positions at Bank Poalei Agudat Israel Ltd. from the First International Bank of Israel group. Mr. Weiss holds a B.A. in economics from New England College, an M.B.A. in business administration from Ono Academic College in Israel, an Israeli branch of University of Manchester and an LL.B. from the Ono Academic College.

Ms. Hila Kiron-Revach has served as a member of the board of directors of Geffen Biomed Ltd. since 2014 and has been a member of the board of directors of Zmiha Investment House Ltd. since 2021. In 2021, Ms. Kiron-Revach served as a professional advisor to the chairman of the board of directors and acting secretary of Eilat Ashkelon Pipeline Company. From 2015 until 2021, Ms. Kiron-Revach served as a senior professional advisor to ministers in the Israeli government, including the minister of foreign affairs and minister of transportation.

From 2012 until 2015, Ms. Kiron-Revach served as CEO of Hamil 38 ? the Israeli Center for National Master Plan to Strengthen Existing Building in the Face of Earthquakes, Tama 38 Ltd. and as an attorney at Tabakman & Co. Law Firm.

In 2007, Ms. Kiron-Revach founded Eliya ? AB and served as its chief executive officer until 2010. Ms. Kiron-Revach hold an LL.B. from the Netanya Academic College and is a licensed attorney in Israel.