SEDG · SolarEdge Technologies, Inc.

SolarEdge announced the appointment of Maoz Sigron as Chief Financial Officer, effective May 31, 2026, succeeding Asaf Alperovitz who is stepping down to pursue an opportunity outside the industry. Alperovitz will remain in a transitional capacity through June 9, 2026, to ensure a smooth handover. Sigron, 48, brings over 20 years of financial and operational experience, most recently as CFO and COO of Perion Network Ltd. His compensation package includes a monthly salary of 130,000 NIS (subject to a 10% reduction until certain financial performance goals are met), a target annual bonus of 75% of non-reduced base salary, and initial equity grants comprising RSUs valued at approximately $700,000 and PSUs with a target value of approximately $700,000. The PSUs vest based on the Company's total shareholder return relative to a Solar Index over a three-year period. The appointment reflects the Board's confidence in Sigron's ability to strengthen financial discipline and support the company's strategic priorities.