Oramed Pharmaceuticals Inc. announced the appointment of Mr. Benjamin Shapiro to its Board of Directors effective May 1, 2023. The Board determined that Mr. Shapiro qualifies as an independent director under the listing rules of the Nasdaq Capital Market. Ben Shapiro is a successful entrepreneur and business professional who co-founded The Daily Wire, a successful, industry leading, international media outlet in June 2015.

Since May 2015, he is host of "The Ben Shapiro Show, " a popular podcast, and he is the author of numerous New York Times best-selling books. Mr. Shapiro earned a B.A. in Political Science from UCLA in 2004, summa cum laude, and a law degree from Harvard Law School in 2007, cum laude. Mr. Shapiro beneficially owns over four percent of Oramed's outstanding stock, making him a significant shareholder in the Company.

The combination of Mr. Shapiro's ownership stake and his real ability to add value to the Board due to his extensive operational and business background and acumen makes him a valuable addition.