Ethernity Networks Ltd. announced that Neil Rafferty, independent non-executive director, has tendered his resignation and is stepping down from the Board, 1 December 2021. The board will proceed immediately with the search for a suitable candidate for the role of independent non-executive director,to add further balance and experience to the Board composition, and the Company will make a further announcement in due course. In the intervening period, Mark Reichenberg, CFO and David Levi, CEO will join the two existing independent non-executive directors on the Audit & Risk, and Remuneration Committees respectively, and Mark Reichenberg will assume responsibility for corporate governance. Under Israeli law, the Chairman may not be a member of either the Remuneration or Audit Committees, and these changes will allow the Committee memberships to continue with a majority of non-executive directors. In addition, Mark Reichenberg, will join the Nomination Committee which will be chaired by Yosi Albagli in the interim.