Effective August 1, 2014, Joseph Tenne resigned as Chief Financial Officer, Treasurer and Secretary of Orgenesis Inc. Mr. Tenne's resignation was not as a result of any disagreement with company operations, policies or practices but for personal reasons. Mr. Tenne will remain as Chief Financial Officer of Israeli subsidiary, Orgenesis Ltd. On August 1, 2014, the company appointed Neil Reithinger as Chief Financial Officer, treasurer and Secretary pursuant to an employment agreement. Neil Reithinger is the Founder and President of Eventus Advisory Group, LLC.

He is also the President of Eventus Consulting, P.C.