On March 25, 2021, the board of directors (the “Board”) of UAS Drone Corp. (the “Company”) appointed Yossi Balucka to serve as its President, effective immediately. In addition, on March 25, 2021, the Board relieved Mr. Aharon from his roles as President of the Company but confirmed that Mr. Aharon will continue to serve as its Chief Technology Officer and Director. Mr. Balucka, age 52, served for twenty-five years in various field and headquarters positions in the Israeli Navy and retired as Colonel. Following his retirement from the Israeli Navy, between 2014 and 2016, Mr. Balucka served as a senior executive and management member for retail and customer service at Partner Communications Ltd. From 2017 to 2019, Mr. Balucka served as the CEO of Electra Technologies Ltd., a division of Electra Ltd.