HUBC · HUB Cyber Security Ltd.

The sudden resignation of Noah Hershcoviz as CEO and Board member introduces leadership uncertainty at HUB Cyber Security Ltd., a critical development for investors tracking executive stability in a cybersecurity firm facing liquidity challenges and geopolitical risks as noted in forward-looking statements. Renah Persofsky, as Active Chairperson, steps into an expanded management role to ensure continuity while the Company accelerates a search for an interim CEO, expected to be announced shortly, followed by a permanent replacement. This transition emphasizes Board oversight during a pivotal period, with Persofsky expressing confidence in steering HUB toward a promising future for stakeholders. The lack of disclosed reasons for the resignation or details on Hershcoviz's tenure length underscores the need for investors to monitor upcoming announcements for clarity on strategic direction and potential impacts on operations across North America, Europe, and Israel.