On June 25, 2020, Zvi Riterband and Amir Ohad resigned from the Board of Directors of OWC Pharmaceutical Research Corp. (the 'Company'). Messrs. Riterband and Ohad were appointed by the Board of Directors to the company's Advisory Board. On June 25, 2020, the Company's Board of Directors appointed Mr. Shmuel De-Saban to the Board of Directors.