SatixFy(SATX) - 2022 Q4 - Annual Report

Management Changes Outlines the resignation of the President and the redistribution of her duties Resignation of President and Transition Ms. Simona Gat resigned as President effective April 30, 2023, transitioning to a board observer role with duties absorbed by senior management - A Separation Agreement was signed on April 30, 2023, with Ilan Gat Ltd., amending the existing services agreement for Ms. Simona Gat[5] - Ms. Simona Gat resigned from all positions at the Company, including President, effective April 30, 2023, for personal reasons following the passing of her husband, the former CEO[5] - Starting May 1, 2023, Ms. Gat will serve as an observer on the Company's Board of Directors and will be available to assist the company for a six-month period if required[5] - All of Ms. Gat's duties and responsibilities will be assumed by other members of the Company's senior management from May 1, 2023[5] Signatures Formalizes the official signatures for the report