Ondas Holdings Inc. reported that amidst the widely reported hostilities and conflict in Israel, its Israel-based operations are open and serving customers and all of its Israel-based personnel are accounted for and safe. In addition, the business operations in Israel and the Middle East are being supported by its U.S. teams. Yishay Curelaru, Chief Financial Officer of the Company, was drafted to the Israeli army. As a result, Mr. Curelaru has temporarily stepped down from his position as the Chief Financial Officer of the Company, on and effective October 9, 2023.

Eric Brock, President and Chief Executive Officer of the Company, has been appointed Interim Chief Financial Officer of the Company, on and effective October 9, 2023. The Company expects Mr. Curelaru to resume full duties as Chief Financial Officer in the near future.