Company: TSEM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001178913-25-001537
Chunk: 78

Company: TOWER SEMICONDUCTOR LTD
Filing Date: 2025-04-30
Form: 20-F
Item: Item 3
Chunk 78
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 (US subsidiary) and chief financial officer, VP Finance and Administration.
In addition, Mrs. Gross has served on the board of directors and audit committee of Playtika Holding Corp. since January 2022. Mrs.
Gross has also served on the board of directors and audit committee of SolarEdge Technologies, Inc. since July 2023, and as the chair
of its compensation committee since November 2024. Mrs. Gross previously served as a director of M-Systems Ltd., Audiocodes Ltd.
and Power Dsine Ltd. Mrs. Gross holds a B. Sc. degree in industrial engineering from Tel Aviv University and an M. B. A. degree from
San Jose State University.

Ilan Flato has served as a director since February 2009 (until
November 2016 as an external director, within the meaning of the Companies Law). Mr. Flato served as chairman of the Compensation
Committee from February 2013 until October 2019 and since such time continues to serve as a member of the Compensation Committee.
Mr. Flato has served as a member of the Audit Committee since April 2009. Mr. Flato is classified by the Board of Directors as an audit
committee financial expert under applicable SEC rules. Mr. Flato has served as President of The Association of Publicly Traded Companies
on the Tel Aviv Stock Exchange (“ TASE”) since January 2012. In addition, Mr. Flato has served as a board member of “ Leumit”
Medical Service since March 2025 and as an independent director, chairman of the Audit Committee and member of the compensation committee
of HUB Cyber Security Ltd. (NASDAQ CM: HUBC) since April 2023. Since 2011, Mr. Flato was previously a member of the Israel Bar Association.
From 2009 until 2018, Mr. Flato served as a director in two Provident Funds. From 2009 until April 2018, Mr. Flato served
as Chairman of the Business Executive of Kibbutz Kfar Blum. From January 2018 until April 2020, Mr. Flato served as Chairman of
the Business Executive Kibbutz “ NAAN”. Since 2004, Mr. Flato has functioned as an independent financial adviser.
Until 2004, Mr. Flato served as the VP for planning, economics and online banking at United Mizrahi Bank and as the Chief Economist