RADA Electronic Industries Ltd. announced that effective as of August 30, 2022, Mr. Chaim Gofen has been appointed by the Company's board of directors to serve as an independent director of the Company to fill the vacancy created by Mr. Elan Sigal who has served as an external director of the Company since August 2013 and his third term of office pursuant to the Israeli Companies Law, 5759-1999 has ended, effective as of the same day. The Board of directors has determined that Mr. Gofen satisfies the “independence” requirements of Section 5605(a)(2) of the Nasdaq Listing Rules. Mr. Gofen, age 71, served in the Israeli Air Force for 30 years between 1969 and 1999 and retired at the rank of Brigadier General.

In 1993 he was appointed commander of the Ramon base. In September 1995 he was appointed commander of the Tel Nof base. After his retirement, he served as a project manager at Netcom Ltd., among the leading IT companies in Israel and from 2000 to 2008 he served as the CEO of CLP Industries Ltd., in the field of flexible packaging in the food industry.

During the years 2010 to 2016 he served as an external director at Kafrit Industries (1993) Ltd, a leading manufacturer of Masterbatches and compounds for the plastic industry. In 2018, Mr. Gofen served as an observer director at Xsight Systems, a leading provider of AI-powered runway sensing solutions and in 2019, as a director at Solutum Technologies Ltd., a Cleantech start-up that develops a formula for plastic bags dissolving in water. Mr. Gofen holds a B.A. degree in economics and business administration from Bar-Ilan University, an M.A. degree in political science from Haifa University, and is a graduate of the National Security College.