The Board of Directors of Selina Hospitality PLC of Boaz Arbel as an independent non-executive director of the Company became effective. Mr. Arbel is a nominee of Osprey International Limited pursuant to the Investor?s Rights Agreement entered into between the Company and Osprey on January 25, 2024, as part of the closing of the liability restructuring and investment transactions announced by the Company on January 26, 2024. Mr. Arbel?s appointment had been deferred, as announced on October 18, 2023, pending the closing of the Transactions.

Boaz Arbel is an accomplished operator and business leader with deep experience in driving growth and organizational change, particularly with early-to-mid stage companies. He currently serves as the Portfolio Managing Director of Global University Systems B.V., a role he has held since 2016, where he is responsible for leading the growth and integration within the GUS portfolio of various educational institutions throughout Europe. Prior to his role at GUS, Mr. Arbel served as the Chief Executive Officer of Drinka Beverages Ltd., from 2013 to 2016, and Chief Executive Officer of Smartnet Ltd., from 2006 through 2013, where he led initiatives to grow and improve operational performance of start-up stage companies.

Mr. Arbel also held senior sales roles with College of Management, and before that, Campus-Studies Ltd. in Israel between 2000 and 2006. In 2003, he graduated with a Masters of Human Resource Management from Derby University in the U.K. and earned a Bachelor of Arts degree in Business Administration from Derby University in 2001.