Foresight Autonomous Holdings Ltd. announced that effective January 7, 2018, the three-year term of office of Mr. Avishai Cohen as an external director will expire. Accordingly, Mr. Cohen will retire from the board of directors at such time. Mr. Cohen has served as an external director of the company since January 2009, and is not eligible for reelection under the Companies Law. The company has no immediate intention to replace Mr. Cohen.