OWC Pharmaceutical Research Corp. appointed Ms. Hannah Feuer to serve as a member of the Board of Directors of the company and Chairman of the company's Audit Committee. Ms. Feuer is a CPA and Senior CFO with more than 20 years of experience in capital markets and management in financial institutions. During Ms. Feuer's professional career, she has developed significant expertise working with boards of directors of both financial institutions and major companies and has extensive knowledge of public offerings and underwriting, as well as raising and managing private equity funds. In depth knowledge of operational management, including procurement and human resources. Since 2003, Ms. Feuer has served as group CFO of Poalim Capital Markets, one of Israel's investment banks and a subsidiary of Bank Hapoalim, Israel's financial group. She has also served as an independent director at Negev Ceramics Ltd. from 2007 to 2012, prior to which Ms. Feuer served as a director at Bagir Ltd. from 2007 to 2009.