DroneShield Ltd. announced the following changes to its Board and management. Oleg Vornik, who has been the chief financial officer of the company for over a year, has been appointed as the CEO and Managing Director of the company; Claire Newey (based in Sydney) has been appointed the company's Chief Financial Officer; Peter James, the current Interim Executive Chairman, has resumed his prior position of Non-Executive Chairman; Robert Clisdell, an experienced Sydney financier, has been appointed as a Non-Executive Director of the company; Anand Sundaraj of Whittens & McKeough Lawyers and Consultants will serve as the company's secretary going forward; and Winton Willesee has retired as a Non-Executive Director of the company and Miss Erlyn Dale has retired as Company Secretary. Prior to joining DroneShield in 2015, Mr. Vornik was an investment banker with the Sydney office of the Royal Bank of Canada, with prior positions with Brookfield Asset Management, Deutsche Bank and ABN AMRO in Australia and New Zealand, as well as with Leighton Contractors.

Ms. Newey was until now the company's Financial Controller. She has previously worked as the Group Finance Manager with GrainCorp, and an audit Director with Deloitte in Sydney and London. Mr. Clisdell is based in Sydney and is the Vice-President at Bergen Capital (Australia) Ltd. Mr. Sundaraj is a Principal and Solicitor Director of Whittens & McKeough Lawyers and Consultants, with prior positions at law firms Allen & Overy, King & Wood Mallesons and Herbert Smith Freehills as well as for global investment bank Credit Suisse.

Dr. Samantha Ravich remains on the Board of the company.