On August 3, 2020, the Board of Directors of Bezeq The Israel Telecommunication Corporation Ltd. (Bezeq) reported to the Israel Securities Authority and Tel Aviv Stock Exchange that Bezeq has appointed Mr. Gil Sharon as a director and as Chairman of Bezeq's Board of Directors, effective as of the date on which Mr. Sharon will announce, during the month of August 2020, his entry into office. Mr. Sharon will replace Mr. David Granot, who has served as Bezeq's interim Chairman of the Board since June 23, 2020, as previously reported, and who will remain a director of Bezeq. The terms of service of Mr. Sharon will be brought to the approval of Bezeq's general meeting of shareholders as required by law, after discussion and approval by Bezeq's Compensation Committee and Board of Directors.