RNTS Media N.V. announced that Ziv Elul, currently Chief Operating Officer ("COO") and CEO-Designate, is proposed to become CEO. As CEO, Ziv brings 15 years of industry and management experience, and will fully focus his attention on ensuring a rapid, successful integration of group companies, driving the Company to profitability, retaining and growing a talented global team and maintaining Fyber's strong competitive position through targeted investments into the technology and the product offering. Andreas Bodczek, current CEO of the group, shall take on an advisory role and will continue to work with the new Management Board on strategic partnerships, further integrating recent acquisitions and the unified group's strategy going forward.

Yaron Zaltsman has been nominated to join the Management Board as Chief Financial Officer ("CFO"). Yaron has extensive knowledge of working within public companies, worldwide. In his last CFO role he led the 2015 IPO of ADO Properties.

Yaron replaces Heiner Luntz, who joined the group in October 2015, overseeing the global finance operations and driving, among others, the tranche placement of bonds, the acquisitions in 2016 and the establishment of a stronger capital market presence. Heiner will remain with the group until end of October to provide an orderly handover. In addition, the Company is announcing the nomination of Dani Sztern to join the Management Board as Deputy CEO.

Daniel has been COO at Inneractive for over three years, and has over 20 years of diverse experience at large public and private companies, mainly in the software industry, as both COO and CFO. He has vast exposure of financing in both private and public markets and actively managing M&A processes. He will be responsible for corporate development and the integration process of the acquired assets, overseeing the global operations and driving growth and optimization of processes across departments and offices.

Crid Yu, a member of the Supervisory Board since March 2016, is nominated for transferring to the Management Board to become COO of the group. Crid brings substantial operational and technology experience to the group and has experience building and growing businesses around the world. He spent the last 15 years in digital media, with a focus on mobile advertising, with companies such as Google and InMobi.

Prior to his digital career Crid was a consultant with McKinsey & Company. He holds a PhD in Electrical Engineering from the University of California, Berkeley. All nominations to the Management Board will become effective upon appointment by the Extraordinary General Meeting of shareholders ("EGM") convened for 25 July 2017.

Both Andreas Bodczek and Heiner Luntz will step down from their positions on the Management Board following appointment of their successors by the EGM.