On November 21, 2022, Rail Vision Ltd.'s (the Company) shareholder, Knorr-Bremse Systeme für Schienenfahrzeuge GmbH (Knorr-Bremse), pursuant to the company's amended and restated articles of association, appointed Mark Cleobury to the company's board of directors, replacing Sebastian Riedel, effective as of December 1, 2022. Mr. Cleobury brings more than four decades of global experience in the rail industry. Mr. Cleobury currently serves as Senior Vice President of Knorr-Bremse's Rail Systems Division, since April 2022.

Prior to this role, Mr. Cleobury held positions of increasing responsibility at Knorr-Bremse, including between July 2016 and April 2022, Mr. Cleobury served as a Member of the Management Board of Knorr-Bremse Systems for Rail. Prior to that, between April 2011 and June 2016, Mr. Cleobury served as Vice President Sales and Systems for Client Management Trains. Prior to that, between January 2007 and April 2011, he served as Manager Sales & Systems Trains.

Prior to that, between March 2004 and July 2007, he served as a Key Account Manager, and between October 2002 and February 2004, he served as a Project Manager. During his twenty years of tenure at Knorr-Bremse, in addition to his executive roles, Mr. Cleobury held several global directorship roles within the Knorr-Bremse group, including serving as Vice President for the Knorr-Bremse Company in the U.S., a Director of Knorr-Bremse Investment (UK) Ltd. in the UK, Chairman of Knorr-Bremse Nordic Rail Services in Sweden, a Director of Knorr-Bremse Rail Systems (UK) Ltd. in the UK, a Member of the Board of Knorr-Bremse Rail Systems Italia S.r.L in Italy, a Member of the Supervisory Board of Knorr-Bremse systemy Kolejowe Polska Sp. Zoo in Poland, a Director of Knorr-Bremse Systemes Ferroviares France SA in France, Consiglio D'Amministrazione at Microelettrica Scientifica s.p.a in Italy, a Director of Knorr-Bremse Systems for Railways in Russia, and a Director of Knorr-Bremse 1520 in Russia.

Prior to his tenure at Knorr-Bremse, between April 1997 and September 2002, Mr. Cleobury served as Head of Sales and Project Planning at ZF Bahntechnik GmbH in Friedrichshafen Germany. Prior to that, between March 1995 and March 1997, Mr. Cleobury served as Head of Sales and Prokurist at ZF Hurth Gotha GmbH in Gotha Germany. Prior to that, between February 1984 and March 1995, Mr. Clebury held several roles at Hurth (GB) Ltd, in Leamington Spa, England, including Sales Manager and Company Secretary, Manager Transmission Division, and Specialist Sales Engineer.