Israel Acquisitions Corp. announced appointment of Izhar Shay, Candice Beaumont, Peter Cohen, Roy Zisapel and Daniel Recanati to the board of directors of the Company on January 12, 2023. Effective January 12, 2023, (i) each of Roy Zisapel, Candice Beaumont and Daniel Recanati were appointed to the Company's Audit Committee, with Mr. Zisapel serving as chair of the Audit Committee, (ii) each of Candice Beaumont, Peter Cohen and Daniel Recanti were appointed to the Company's Compensation Committee, with Mr. Recanati serving as chair of the Compensation Committee and (iii) each of Daniel Recanati, Peter Cohen and Candice Beaumont were appointed to the Company's Nominating and Corporate Governance Committee, with Ms. Beaumont serving as chair of the Nominating and Corporate Governance Committee.

Peter Cohen, Roy Zisapel, Candice Beaumont and Daniel Recanati are independent directors.