RADA ANNOUNCES RESULTS OF ANNUAL MEETING
On July 14, 2022, RADA Electronic Industries Ltd. (the “Company”) held an Annual General Meeting of Shareholders (the “Meeting”) at the Company’s offices located at 7 Giborei Israel Street, Netanya, Israel. At the Meeting, the Company’s shareholders approved the following resolutions:
|(1)||To re-elect five (5) directors, each for a term expiring at our 2023 Annual General Meeting of Shareholders;|
|(2)||To approve the terms of service including a grant of options to purchase our shares to certain directors;|
|(3)||To approve the grant of options to purchase our shares to Mr. Yossi Ben Shalom, the Chairman of our Board of Directors;|
|(4)||To approve a grant of options to purchase our shares to Mr. Dov Sella, our Chief Executive Officer;|
|(5)||To approve a grant of options to purchase our shares to certain executive officers|
|(6)||To ratify and approve the reappointment of Kost Forer Gabbay & Kasierer, registered public accounting firm, a member firm of Ernst & Young Global, as our independent registered public accountants for the year ending December 31, 2022.|
Shareholders of record as of the close of business on May 16, 2022 were entitled to vote at the Meeting. All resolutions were approved by the majority requirements under Israel’s Companies Law, 5759-1999.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
RADA Electronic Industries Ltd.
By: /s/Dov Sella
Chief Executive Officer
Date: July 14, 2022