On July 25, 2018, the Board of Directors of Stratasys Ltd. appointed Adina Shorr to serve as a director, thereby filling the Board seat vacated by Ilan Levin, the Company's former Chief Executive Officer and director, who had resigned effective June 1, 2018. Adina Shorr has been the Chief Executive Officer and Chairman of the Board of Lucidlogix Technologies Ltd. since November 2013. Pursuant to Stratasys' articles of association, Ms. Shorr's current term upon her appointment by the Board will extend until the Company's 2018 Annual General Meeting of Shareholders, which is expected to be called by the Board in the near future. Ms. Shorr, along with the other current members of the Board, will be subject to re-election at that annual meeting (to the extent they are nominated by the Board for re-election).