MeaTech 3D Ltd. announced the following changes to its executive management team and Board of Directors: Mr. Sharon Fima announced that, in light of the Company's current stage of development, he intends to step down from the positions of Chief Technology Officer and Director in the near future. Mr. Fima intends to continue supporting the Company as a founding member of the Company's scientific advisory board. Messrs.

Steven H. Lavin (Chairman) and Danny Ayalon stepped down from MeaTech's Board of Directors effective January 24, 2022 in light of the Company's current stage of development and to pursue other ventures, and both outgoing directors expressed their ongoing support for MeaTech and its technologies. In addition, Mr. Omri Schanin stepped down from the Board of Directors and continues to serve as MeaTech's Deputy CEO. Mr. Yaron Kaiser was appointed to the Board of Directors of the Company as its Chairperson.

Mr. Kaiser, 43, has founded various Nasdaq- or TASE-traded foodtech companies, and currently serves as Chairperson of Wilk Technologies Ltd. Mr. Kaiser is a founding partner of the BlueSoundWaves collective, and practices law in the fields of securities, commercial and corporate law, representing numerous public companies on fundraising, IPOs, M&A, Israel Securities Authority and corporate governance.