Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On April 29, 2021, David Kretzmer was appointed as a member of the Board of
Directors, or the Board, of Citrine Global, Corp., or the Company, by the
existing Board, and the number of Board members was expanded to five, with such
expansion of the Board and appointment to take effect immediately.
Mr. Kretzmer is an experienced international commercial lawyer and litigator
with the ability to advise clients as to multi-jurisdictional, multi-language
and multi-cultural transactions and disputes. Mr. Kretzmer began his legal
career with Edward Nathan Friedland Mansel and Lewis, a premier law firm in
Johannesburg, South Africa, where he served as an attorney. He has since had a
wide-ranging legal career in New York, Israel, and South Africa, with extensive
legal and corporate experience in Europe and Great Britain. David has
represented foreign investors in complex investment transactions and various
forms of international dispute resolution. David also has served as arbitrator
or mediator in such disputes. From 1995 through 2000, David served as a
consultant to a New York-based brokerage firm structuring private placements and
initial public offerings in the technology and life science industry, involving
Israeli, American, European, and South African companies. From 2012 through
2014, David was a United Nations representative of the NGO, the International
Association of Jewish Lawyers and Jurists, in New York and Geneva. David was
licensed to practice law in New York in 2004, he was admitted to practice as an
Advocate in Israel in 1981 and has been licensed to practice in South Africa
since 1977. He has practiced law in New York, South Africa, and Israel and from
2004 to the present, serves as senior partner in the law firm of Kretzmer and
Associates PLLC in New York and from 1996 as the senior partner in the law firm
Kretzmer and Associates in Tel Aviv. David has more than 35 years of experience
in international litigation and transactions and has concentrated on commercial
law, property development and syndication, real estate law, corporate law,
contracts, international trade, securities brokerage, investment banking,
corporate restructuring, and corporate development. He also has extensive
experience in structuring trusts for high net worth families and individuals and
establishing and managing development stage companies.
Except as otherwise set forth herein, there is no arrangement or understanding
between Mr. Kretzmer and any other person pursuant to which he was elected as a
director, and there are no transactions in which Mr. Kretzmer has an interest
requiring disclosure under Item 404(a) of Regulation S-K.
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