BUILD Q2 2019

5 Q2 2019 BUILD apidot, who until recently served as CEO of Phoenix, is ex- pected to take up the position as CEO in the coming months. Tamir Cohen, Chairman of Shikun & Binui, said: “I am pleased to announce the appointment of Eyal Lapidot as CEO and his joining the Shikun & Binui Group. We are confident that Eyal will make a significant contribution to the company and will help it realize its tre- mendous potential. Eyal comes to us not only with extensive experience in the world of finance, but also in management of large and complex organizations with activities in Israel and abroad. Mr. Eyal Lapidot Will Be Appointed CEO of Shikun & Binui Shikun & Binui Ltd. (TASE: SKBN.TA) , a global construction, infrastructure and real estate company, announced that its Board of Directors approved the appointment of Mr. Eyal Lapidot as CEO of the Group. L “Eyal Lapidot has completed 10 years in the Phoenix Insurance Group, in which it has become the leading insurance group in Israel. At the time of his entry into the position, the Company was ranked in most of the business parameters as fifth among the five largest insurance groups in Israel. As of today, and over the past ten years, Phoenix has led the insurance industry in Israel in most parameters. “We are confident that this is a significant step for Shikun & Binui, and we will work together to bring value to our shareholders.”