Company: TSEM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001178913-25-001537
Chunk: 177

Company: TOWER SEMICONDUCTOR LTD
Filing Date: 2025-04-30
Form: 20-F
Item: Item 5
Chunk 177
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Ltd., a Valmont company developing AgTech Data solutions from 2021 until 2023, and previously served as its chief operating officer and
chief financial officer from 2017 until 2021. Mrs. Gross served as the chief financial officer of eToro, a FinTech company that
developed a Social Investment network from 2014 to 2016, and the chief executive officer of bTendo, a start-up company that developed
MEMS-based PICO projection solutions, from 2010 until it was acquired by ST Microelectronic in 2012. Mrs. Gross was a Venture Partner
at Viola Ventures, a leading Israeli venture capital firm, from 2008 until 2010. From 2006 to 2008, Mrs. Gross was a Senior VP, Israel
Country Manager at SanDisk Corporation. From 1992 to 2006, Mrs. Gross held various senior positions at M-Systems, including Chief
Marketing Officer, VP Worldwide Sales, President of M-Systems Inc. (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. Fl