HUB Cyber Security Ltd. announced the strategic appointment of Mr. Noah Hershcoviz as Chief Strategy Officer and a member of the Company's Board of Directors, effective immediately. Furthermore, the Company warmly welcomes Mr. Shai Schiller, who will join the strategy team, commencing his role on the same date. Noah Hershcoviz, brings a wealth of financial and execution expertise to organization.

With past roles in the M&A division of Ernst &Young (EY) and as an investment banking executive in various capacities, Noah boasts a distinguished track record of managing investments, consistently exceeding market performance benchmarks. With a proven history of successfully guiding companies through initial public offerings, mergers and acquisitions, and reverse takeovers, Mr. Hershcoviz embodies an entrepreneurial spirit coupled with a global perspective on business transformation. His leadership is expected to play a pivotal role in charting the vision and strategic direction of the Company, bringing innovative and industry-leading approaches.

Shai Schiller, an industry veteran with extensive venture capital, company building, and turnaround experience served as a General Partner in a number of leading funds since 2000. Mr. Schiller played a key role in founding an award-winning Israeli intelligence program and has been CEO and Chairman in various technology sectors including Cyber, AI, and Semiconductors. With a strong track record in mergers and acquisitions, fundraising, and building large-scale sales organizations, Shai will be instrumental in driving the Companyss strategic initiatives and corporate development projects.