The Board of Directors of The Trendlines Group Ltd. announced the following changes to the composition of the Board: Appointment of Ms. Sarit Zeevi as an External and Independent Director of the Company with effect from 31 January 2023, following shareholders' approval at the Special General Meeting of the Company held on the same date. Ms. Sarit Zeevi will serve as a member of the Company's Audit Committee, Remuneration Committee and Nominating Committee. Working Experience: Retail 3000 Ltd. - Legal Counsel; Zeevi Group - Legal Counsel and Investment Director; Zeevi Group - Investment Manager; Arava Power Company Ltd. - Counsel; Elisha Ltd. (Formerly known as Daled.Ayin.

Dirot Elite Ltd.) - In-house counsel/Investments Director; Airtouch Solar Ltd. - Business Manager and General Counsel; Haifa University - Teaching Fellow, faculty of law. Other DirectorShips Past: Airtouch Solar Ltd. -Executive Director More Mutual Funds Management (2013) Ltd. - External Director; Member of Oversight Committee; Member of Investments Committee. Other DirectorShips Present: Rinc Green Ltd. - Director Solcold Ltd. - Director Blitz Technologies Ltd. - Independent Director; Member of Oversight Committee and Remuneration Committee "ZI" Zrt.

- Director. Director Experience Details: Ms Zeevi will be attending the relevant training courses on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange. Professional Qualifications: Master's Degree in Finance, Reichman University (IDC Herzliya) Bachelor's Degree in Law (LLB), The Hebrew University of Jerusalem Mediator Course and Practicum, Gome, Israeli Center for Mediation and Coaching Diploma studies in Retirement Home Management, Bar-Ilan University, Israel.

Professor Hang Chang Chieh's retirement as an External and Independent Director from the Board of Directors with effect from 31 January 2023, as disclosed in the Company's SGM Circular which had been announced on 23 December 2022. Professor Hang will also relinquish his position as a member of the Company's Audit Committee, Remuneration and Nominating Committee. Following the aforesaid changes, the composition of the Board and the Board Committees are set out below with immediate effect: Board of Directors: Mr. Todd Dollinger (Chairman and Chief Executive Officer); Mr. Steve Rhodes (Chairman & Chief Executive Director); Ms Elka Nir (Lead Independent & External Director); Mr. Zeev Bronfeld (Non-Executive Director); Mr. Sin Boon Ann (Independent and Non-Executive Director); Ms Nehama Ronen (Independent and Non-Executive Director); Prof Low Teck Seng (Independent & Non-Executive Director); Ms Sarit Zeevi (Independent & External Director).

Audit Committee: Ms Elka Nir (Chairperson); Mr. Sin Boon Ann; Ms Nehama Ronen; Ms Sarit Zeevi. Nominating Committee: Ms Elka Nir; Mr. Steve Rhodes; Mr. Sin Boon Ann; Ms Nehama Ronen; Ms Sarit Zeevi. Remuneration Committee: Ms Elka Nir (Chairperson); Ms Nehama Ronen; Ms Sarit Zeevi.